CRCL vs. AIRO

Last updated Jun 5, 2026

CRCL (Circle Internet Group, Inc) and AIRO (AIRO Group Holdings, Inc) are both stocks. CRCL operates in Capital Markets (Financial Services), while AIRO operates in Aerospace & Defense (Industrials). At a 0.31 correlation, their price movements are largely independent.

Performance

CRCL vs. AIRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Circle Internet Group, Inc (CRCL) and AIRO Group Holdings, Inc (AIRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with CRCL having a 14.17% return and AIRO slightly higher at 14.55%.

CRCL

• 1D: 0.45%
• 1M: -20.71%
• YTD: 14.17%
• 6M: 3.52%
• 1Y: 192.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIRO

• 1D: 0.32%
• 1M: 31.05%
• YTD: 14.55%
• 6M: -2.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRCL vs. AIRO - Yearly Performance Comparison

	2026 (YTD)	2025
CRCL Circle Internet Group, Inc	14.17%	-40.63%
AIRO AIRO Group Holdings, Inc	14.55%	-65.92%

Correlation

The correlation between CRCL and AIRO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.31

Fundamentals

EPS CRCL : -$0.54 AIRO : $0.38
PS Ratio CRCL : 4.62 AIRO : 2.72
Total Revenue (TTM) CRCL : $2.86B AIRO : $90.91M
Gross Profit (TTM) CRCL : $57.27M AIRO : $54.42M
EBITDA (TTM) CRCL : -$129.43M AIRO : -$28.77M

Return for Risk

CRCL vs. AIRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Circle Internet Group, Inc (CRCL) and AIRO Group Holdings, Inc (AIRO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CRCL	AIRO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	-0.63	+1.57

Drawdowns

CRCL vs. AIRO - Drawdown Comparison

The maximum CRCL drawdown since its inception was -80.93%, roughly equal to the maximum AIRO drawdown of -81.13%. Use the drawdown chart below to compare losses from any high point for CRCL and AIRO.

Drawdown Indicators

	CRCL	AIRO	Difference
Max Drawdown Largest peak-to-trough decline	-80.93%	-81.13%	+0.20%
Max Drawdown (1Y) Largest decline over 1 year	-80.93%	—	—
Current Drawdown Current decline from peak	-65.63%	-69.77%	+4.14%
Average Drawdown Average peak-to-trough decline	-53.51%	-54.11%	+0.60%

Volatility

Volatility by Period

	CRCL	AIRO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	204.75%	99.49%	+105.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	204.75%	99.49%	+105.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	204.75%	99.49%	+105.26%

Dividends

CRCL vs. AIRO - Dividend Comparison

Neither CRCL nor AIRO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

CRCL vs. AIRO - Profitability Comparison

The chart below illustrates the profitability comparison between Circle Internet Group, Inc and AIRO Group Holdings, Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CRCL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Circle Internet Group, Inc reported a gross profit of 0.00 and revenue of 694.13M. Therefore, the gross margin over that period was 0.0%.

AIRO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AIRO Group Holdings, Inc reported a gross profit of 32.34M and revenue of 48.28M. Therefore, the gross margin over that period was 67.0%.

CRCL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Circle Internet Group, Inc reported an operating income of 45.00M and revenue of 694.13M, resulting in an operating margin of 6.5%.

AIRO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AIRO Group Holdings, Inc reported an operating income of 5.98M and revenue of 48.28M, resulting in an operating margin of 12.4%.

CRCL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Circle Internet Group, Inc reported a net income of 55.25M and revenue of 694.13M, resulting in a net margin of 8.0%.

AIRO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AIRO Group Holdings, Inc reported a net income of 14.05M and revenue of 48.28M, resulting in a net margin of 29.1%.

Frequently Asked Questions

Can I hold both CRCL and AIRO in my portfolio?

CRCL and AIRO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.