CRCL vs. SBET

Last updated Jun 5, 2026

CRCL (Circle Internet Group, Inc) and SBET (SharpLink Gaming Ltd.) are both stocks. CRCL operates in Capital Markets (Financial Services), while SBET operates in Gambling (Consumer Cyclical). Over the past year, CRCL returned 192.06% vs -90.34% for SBET. At a 0.39 correlation, their price movements are largely independent.

Performance

CRCL vs. SBET - Performance Comparison

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

Returns By Period

In the year-to-date period, CRCL achieves a 14.17% return, which is significantly higher than SBET's -36.02% return.

CRCL

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

SBET

• 1D: 3.25%
• 1M: -24.74%
• YTD: -36.02%
• 6M: -48.75%
• 1Y: -90.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRCL vs. SBET - Yearly Performance Comparison

	2026 (YTD)	2025
CRCL Circle Internet Group, Inc	14.17%	155.81%
SBET SharpLink Gaming Ltd.	-36.02%	-84.90%

Correlation

The correlation between CRCL and SBET is 0.39, 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 5, 2025	0.39

Fundamentals

EPS CRCL : -$0.54 SBET : -$14.63
PS Ratio CRCL : 4.62 SBET : 14.10
Total Revenue (TTM) CRCL : $2.86B SBET : $39.37M
Gross Profit (TTM) CRCL : $57.27M SBET : $37.65M
EBITDA (TTM) CRCL : -$129.43M SBET : -$504.51M

Return for Risk

CRCL vs. SBET — Risk / Return Rank

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

SBET

SBET Risk / Return Rank: 10
SBET Sharpe Ratio Rank: 14
SBET Sortino Ratio Rank: 12
SBET Omega Ratio Rank: 11
SBET Calmar Ratio Rank: 0
SBET Martin Ratio Rank: 13

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. SBET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Circle Internet Group, Inc (CRCL) and SharpLink Gaming Ltd. (SBET). 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	SBET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	-0.11	+1.05

Drawdowns

CRCL vs. SBET - Drawdown Comparison

The maximum CRCL drawdown since its inception was -80.93%, smaller than the maximum SBET drawdown of -93.01%. Use the drawdown chart below to compare losses from any high point for CRCL and SBET.

Drawdown Indicators

	CRCL	SBET	Difference
Max Drawdown Largest peak-to-trough decline	-80.93%	-93.01%	+12.08%
Max Drawdown (1Y) Largest decline over 1 year	-80.93%	-86.97%	+6.04%
Current Drawdown Current decline from peak	-65.63%	-92.78%	+27.15%
Average Drawdown Average peak-to-trough decline	-53.51%	-65.74%	+12.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	79.34%	—

Volatility

Volatility by Period

	CRCL	SBET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	204.75%	143.55%	+61.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	204.75%	341.14%	-136.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	204.75%	341.14%	-136.39%

Dividends

CRCL vs. SBET - Dividend Comparison

Neither CRCL nor SBET has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CRCL and SBET in my portfolio?

CRCL and SBET have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.