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CRCL vs. EVLV
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

CRCL vs. EVLV - Performance Comparison

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

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Returns By Period

In the year-to-date period, CRCL achieves a -1.84% return, which is significantly higher than EVLV's -14.94% return.


CRCL

1D
-5.80%
1M
-38.50%
YTD
-1.84%
6M
-6.74%
1Y
-26.94%
3Y*
5Y*
10Y*

EVLV

1D
-0.81%
1M
1.16%
YTD
-14.94%
6M
-13.12%
1Y
17.57%
3Y*
-1.38%
5Y*
-9.60%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CRCL vs. EVLV - Yearly Performance Comparison


2026 (YTD)2025
CRCL
Circle Internet Group, Inc.
-1.84%155.81%
EVLV
Evolv Technologies Holdings Inc
-14.94%30.42%

Correlation

The correlation between CRCL and EVLV is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Jun 4, 2025

0.24

Fundamentals

EPS

CRCL:

-$0.54

EVLV:

-$0.21

PS Ratio

CRCL:

3.97

EVLV:

6.69

Total Revenue (TTM)

CRCL:

$2.86B

EVLV:

$160.23M

Gross Profit (TTM)

CRCL:

$57.27M

EVLV:

$79.75M

EBITDA (TTM)

CRCL:

-$129.43M

EVLV:

-$39.27M

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Return for Risk

CRCL vs. EVLV — Risk / Return Rank

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

CRCL
CRCL Risk / Return Rank: 3636
Overall Rank
CRCL Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
CRCL Sortino Ratio Rank: 4242
Sortino Ratio Rank
CRCL Omega Ratio Rank: 4040
Omega Ratio Rank
CRCL Calmar Ratio Rank: 3232
Calmar Ratio Rank
CRCL Martin Ratio Rank: 3535
Martin Ratio Rank

EVLV
EVLV Risk / Return Rank: 5252
Overall Rank
EVLV Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
EVLV Sortino Ratio Rank: 5252
Sortino Ratio Rank
EVLV Omega Ratio Rank: 5050
Omega Ratio Rank
EVLV Calmar Ratio Rank: 5252
Calmar Ratio Rank
EVLV Martin Ratio Rank: 5151
Martin Ratio Rank
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.

CRCL vs. EVLV - Risk-Adjusted Trends Comparison

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


CRCLEVLVDifference
Sharpe ratioReturn per unit of total volatility

-0.58

Sortino ratioReturn per unit of downside risk

-0.40

Omega ratioGain probability vs. loss probability

1.05

1.10

-0.05

Calmar ratioReturn relative to maximum drawdown

-0.33

0.40

-0.73

Martin ratioReturn relative to average drawdown

-0.47

0.75

-1.22

CRCL vs. EVLV - Sharpe Ratio Comparison

The current CRCL Sharpe Ratio is -0.24, which is lower than the EVLV Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of CRCL and EVLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

CRCL vs. EVLV - Drawdown Comparison

The maximum CRCL drawdown since its inception was -80.93%, roughly equal to the maximum EVLV drawdown of -84.50%. Use the drawdown chart below to compare losses from any high point for CRCL and EVLV.


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Drawdown Indicators


CRCLEVLVDifference

Max Drawdown

Largest peak-to-trough decline

-80.93%

-84.50%

+3.57%

Max Drawdown (1Y)

Largest decline over 1 year

-80.93%

-44.06%

-36.87%

Max Drawdown (3Y)

Largest decline over 3 years

-72.92%

Max Drawdown (5Y)

Largest decline over 5 years

-84.21%

Current Drawdown

Current decline from peak

-70.45%

-44.13%

-26.32%

Average Drawdown

Average peak-to-trough decline

-53.67%

-50.29%

-3.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

57.62%

23.37%

+34.25%

Volatility

CRCL vs. EVLV - Volatility Comparison

Circle Internet Group, Inc. (CRCL) has a higher volatility of 23.16% compared to Evolv Technologies Holdings Inc (EVLV) at 15.37%. This indicates that CRCL's price experiences larger fluctuations and is considered to be riskier than EVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CRCLEVLVDifference

Volatility (1M)

Calculated over the trailing 1-month period

23.16%

15.37%

+7.79%

Volatility (6M)

Calculated over the trailing 6-month period

72.37%

38.87%

+33.50%

Volatility (1Y)

Calculated over the trailing 1-year period

112.20%

52.43%

+59.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

202.51%

86.01%

+116.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

202.51%

80.57%

+121.94%

Dividends

CRCL vs. EVLV - Dividend Comparison

Neither CRCL nor EVLV has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

CRCL vs. EVLV - Financials Comparison

This section allows you to compare key financial metrics between Circle Internet Group, Inc. and Evolv Technologies Holdings Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00MJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
694.13M
46.33M
(CRCL) Total Revenue
(EVLV) Total Revenue
Values in USD except per share items

CRCL vs. EVLV - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-40.0%-20.0%0.0%20.0%40.0%60.0%JulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober20260
50.9%
Portfolio components
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%.

EVLV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported a gross profit of 23.60M and revenue of 46.33M. Therefore, the gross margin over that period was 50.9%.

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%.

EVLV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported an operating income of -8.47M and revenue of 46.33M, resulting in an operating margin of -18.3%.

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%.

EVLV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported a net income of -5.01M and revenue of 46.33M, resulting in a net margin of -10.8%.


Frequently Asked Questions


CRCL and EVLV have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CRCL has higher volatility (23.16%) compared to EVLV (15.37%). In terms of maximum drawdown, CRCL dropped -80.93% vs EVLV's -84.50%.

EVLV currently has the higher Sharpe Ratio (0.34 vs -0.24), 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.

Portfolio Optimizer

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