CRDO vs. ADI
CRDO (Credo Technology Group Holding Ltd) and ADI (Analog Devices, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 3 years, CRDO returned 130.87%/yr vs 24.58%/yr for ADI. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
CRDO vs. ADI - Performance Comparison
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Returns By Period
In the year-to-date period, CRDO achieves a 43.85% return, which is significantly higher than ADI's 36.27% return.
CRDO
- 1D
- 2.94%
- 1M
- -20.11%
- 6M
- 65.22%
- YTD
- 43.85%
- 1Y
- 85.56%
- 3Y*
- 130.87%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 87.78%
ADI
- 1D
- 0.20%
- 1M
- -5.55%
- 6M
- 18.88%
- YTD
- 36.27%
- 1Y
- 65.76%
- 3Y*
- 24.58%
- 5Y*
- 19.02%
- 10Y*
- 21.58%
- ALL TIME*
- 14.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.63B | $1.52B | $1.94B | |
| $1.17B | $1.40B | $1.87B |
CRDO vs. ADI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CRDO Credo Technology Group Holding Ltd | 43.85% | 114.09% | 245.20% | 46.28% | 10.00% |
ADI Analog Devices, Inc. | 36.27% | 29.75% | 8.82% | 23.36% | 4.61% |
Correlation
The correlation between CRDO and ADI is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.43 |
The correlation between CRDO and ADI shifts across timeframes, from 0.33 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CRDO:
$38.60B
ADI:
$178.96B
CRDO:
$2.50
ADI:
$6.72
CRDO:
82.94
ADI:
54.67
CRDO:
0.07
ADI:
3.36
CRDO:
29.34
ADI:
14.22
CRDO:
19.33
ADI:
5.34
CRDO:
$1.34B
ADI:
$12.74B
CRDO:
$908.35M
ADI:
$8.22B
CRDO:
$463.79M
ADI:
$6.19B
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Return for Risk
CRDO vs. ADI — Risk / Return Rank
CRDO
ADI
CRDO vs. ADI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and Analog Devices, Inc. (ADI). 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.
| CRDO | ADI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.20 | -1.59 |
| Martin ratioReturn relative to average drawdown | 3.65 | 9.33 | -5.69 |
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Drawdowns
CRDO vs. ADI - Drawdown Comparison
The maximum CRDO drawdown since its inception was -62.04%, smaller than the maximum ADI drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for CRDO and ADI.
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Drawdown Indicators
| CRDO | ADI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.04% | -82.88% | +20.84% |
Max Drawdown (1Y)Largest decline over 1 year | -53.59% | -20.68% | -32.91% |
Max Drawdown (3Y)Largest decline over 3 years | -61.05% | -32.20% | -28.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.20% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.62% | — |
Current DrawdownCurrent decline from peak | -31.58% | -17.52% | -14.06% |
Average DrawdownAverage peak-to-trough decline | -19.39% | -33.84% | +14.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.55% | 7.07% | +16.48% |
Volatility
CRDO vs. ADI - Volatility Comparison
Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 29.83% compared to Analog Devices, Inc. (ADI) at 9.99%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than ADI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRDO | ADI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.83% | 9.99% | +19.84% |
Volatility (6M)Calculated over the trailing 6-month period | 73.09% | 29.09% | +44.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.00% | 35.36% | +56.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.43% | 33.83% | +48.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.43% | 33.04% | +49.39% |
Dividends
CRDO vs. ADI - Dividend Comparison
CRDO has not paid dividends to shareholders, while ADI's dividend yield for the trailing twelve months is around 1.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 1.14% | 1.46% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% |
CRDO Credo Technology Group Holding Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CRDO vs. ADI - Financials Comparison
This section allows you to compare key financial metrics between Credo Technology Group Holding Ltd and Analog Devices, 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.
Total Revenue: Total amount of money received from sales and other business activities
CRDO vs. ADI - Profitability Comparison
CRDO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Credo Technology Group Holding Ltd reported a gross profit of 298.07M and revenue of 437.00M. Therefore, the gross margin over that period was 68.2%.
ADI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Analog Devices, Inc. reported a gross profit of 2.44B and revenue of 3.62B. Therefore, the gross margin over that period was 67.3%.
CRDO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Credo Technology Group Holding Ltd reported an operating income of 155.85M and revenue of 437.00M, resulting in an operating margin of 35.7%.
ADI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Analog Devices, Inc. reported an operating income of 1.38B and revenue of 3.62B, resulting in an operating margin of 38.1%.
CRDO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Credo Technology Group Holding Ltd reported a net income of 169.10M and revenue of 437.00M, resulting in a net margin of 38.7%.
ADI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Analog Devices, Inc. reported a net income of 1.18B and revenue of 3.62B, resulting in a net margin of 32.5%.
Frequently Asked Questions
CRDO and ADI have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRDO has higher volatility (29.83%) compared to ADI (9.99%). In terms of maximum drawdown, CRDO dropped -62.04% vs ADI's -82.88%.
ADI currently has the higher Sharpe Ratio (1.88 vs 0.94), 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.
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