CRBU vs. CLF

Last updated Jun 26, 2026

CRBU (Caribou Biosciences, Inc.) and CLF (Cleveland-Cliffs Inc.) are both stocks. CRBU operates in Biotechnology (Healthcare), while CLF operates in Steel (Basic Materials). Over the past 3 years, CRBU returned -27.26%/yr vs -12.66%/yr for CLF. At a 0.27 correlation, their price movements are largely independent.

Performance

CRBU vs. CLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Caribou Biosciences, Inc. (CRBU) and Cleveland-Cliffs Inc. (CLF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRBU achieves a -1.26% return, which is significantly higher than CLF's -18.98% return.

CRBU

• 1D: -5.42%
• 1M: -27.31%
• YTD: -1.26%
• 6M: -8.72%
• 1Y: 10.56%
• 3Y*: -27.26%
• 5Y*: —
• 10Y*: —

CLF

• 1D: 1.80%
• 1M: -10.18%
• YTD: -18.98%
• 6M: -21.75%
• 1Y: 52.84%
• 3Y*: -12.66%
• 5Y*: -12.68%
• 10Y*: 9.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRBU vs. CLF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CRBU Caribou Biosciences, Inc.	-1.26%	0.00%	-72.25%	-8.76%	-58.38%	-14.50%
CLF Cleveland-Cliffs Inc.	-18.98%	41.28%	-53.97%	26.75%	-26.00%	3.32%

Correlation

The correlation between CRBU and CLF is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021	0.27

Fundamentals

Market Cap CRBU : $150.50M CLF : $6.07B
EPS CRBU : -$1.41 CLF : -$2.37
PS Ratio CRBU : 16.79 CLF : 0.29
PB Ratio CRBU : 1.48 CLF : 1.04
Total Revenue (TTM) CRBU : $8.81M CLF : $18.90B
Gross Profit (TTM) CRBU : $7.49M CLF : -$528.00M
EBITDA (TTM) CRBU : -$115.23M CLF : $134.00M

Return for Risk

CRBU vs. CLF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRBU

CRBU Risk / Return Rank: 49
CRBU Sharpe Ratio Rank: 48
CRBU Sortino Ratio Rank: 52
CRBU Omega Ratio Rank: 49
CRBU Calmar Ratio Rank: 49
CRBU Martin Ratio Rank: 47

CLF

CLF Risk / Return Rank: 65
CLF Sharpe Ratio Rank: 68
CLF Sortino Ratio Rank: 65
CLF Omega Ratio Rank: 65
CLF Calmar Ratio Rank: 65
CLF Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRBU vs. CLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Caribou Biosciences, Inc. (CRBU) and Cleveland-Cliffs Inc. (CLF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CRBU	CLF	Difference
Sharpe ratio: Return per unit of total volatility	0.13	0.77	-0.64
Sortino ratio: Return per unit of downside risk	0.82	1.40	-0.59
Omega ratio: Gain probability vs. loss probability	1.09	1.18	-0.09
Calmar ratio: Return relative to maximum drawdown	0.21	1.03	-0.82
Martin ratio: Return relative to average drawdown	0.35	2.08	-1.73

CRBU vs. CLF - Sharpe Ratio Comparison

The current CRBU Sharpe Ratio is 0.13, which is lower than the CLF Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of CRBU and CLF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CRBU vs. CLF - Drawdown Comparison

The maximum CRBU drawdown since its inception was -97.58%, roughly equal to the maximum CLF drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for CRBU and CLF.

Drawdown Indicators

	CRBU	CLF	Difference
Max Drawdown Largest peak-to-trough decline	-97.58%	-98.78%	+1.20%
Max Drawdown (1Y) Largest decline over 1 year	-51.06%	-51.67%	+0.61%
Max Drawdown (3Y) Largest decline over 3 years	-91.12%	-74.46%	-16.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-82.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.37%	—
Current Drawdown Current decline from peak	-94.82%	-89.03%	-5.79%
Average Drawdown Average peak-to-trough decline	-79.42%	-47.66%	-31.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.38%	25.47%	+4.91%

Volatility

CRBU vs. CLF - Volatility Comparison

Caribou Biosciences, Inc. (CRBU) and Cleveland-Cliffs Inc. (CLF) have volatilities of 22.31% and 21.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRBU	CLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.31%	21.99%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	50.17%	47.74%	+2.43%
Volatility (1Y) Calculated over the trailing 1-year period	81.46%	68.76%	+12.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.59%	59.20%	+27.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.59%	62.14%	+24.45%

Dividends

CRBU vs. CLF - Dividend Comparison

Neither CRBU nor CLF has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CLF Cleveland-Cliffs Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.82%	3.10%
CRBU Caribou Biosciences, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CRBU and CLF in my portfolio?

CRBU and CLF have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRBU or CLF?

CRBU has higher volatility (22.31%) compared to CLF (21.99%). In terms of maximum drawdown, CRBU dropped -97.58% vs CLF's -98.78%.

Which has better risk-adjusted returns?

CLF currently has the higher Sharpe Ratio (0.77 vs 0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.