CRDO vs. CIFR

Last updated Aug 1, 2026

CRDO (Credo Technology Group Holding Ltd) and CIFR (Cipher Digital Inc.) are both stocks. Both are in the Technology sector — CRDO in Semiconductors, CIFR in Information Technology Services. Over the past 3 years, CRDO returned 130.87%/yr vs 84.92%/yr for CIFR. Their 0.35 correlation means their historical movements had little consistent relationship.

Performance

CRDO vs. CIFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credo Technology Group Holding Ltd (CRDO) and Cipher Digital Inc. (CIFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRDO achieves a 43.85% return, which is significantly lower than CIFR's 51.22% 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%

CIFR

• 1D: -1.48%
• 1M: -2.28%
• 6M: 39.85%
• YTD: 51.22%
• 1Y: 308.79%
• 3Y*: 84.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.24%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CIFR Cipher Digital Inc.	$699.13M	$580.45M	$601.55M
CRDO Credo Technology Group Holding Ltd	$1.17B	$1.40B	$1.87B

CRDO vs. CIFR - 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%
CIFR Cipher Digital Inc.	51.22%	218.10%	12.35%	637.50%	-81.33%

Correlation

The correlation between CRDO and CIFR is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.41
Correlation (3Y) Balances recent behavior with more history.	0.38
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.35

Fundamentals

Market Cap CRDO : $38.60B CIFR : $9.13B
EPS CRDO : $2.50 CIFR : -$2.32
PS Ratio CRDO : 29.34 CIFR : 49.45
PB Ratio CRDO : 19.33 CIFR : 12.66
Total Revenue (TTM) CRDO : $1.34B CIFR : $174.98M
Gross Profit (TTM) CRDO : $908.35M CIFR : -$172.84M
EBITDA (TTM) CRDO : $463.79M CIFR : -$169.22M

Return for Risk

CRDO vs. CIFR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CRDO

CRDO Risk / Return Rank: 74
CRDO Sharpe Ratio Rank: 74
CRDO Sortino Ratio Rank: 75
CRDO Omega Ratio Rank: 70
CRDO Calmar Ratio Rank: 75
CRDO Martin Ratio Rank: 74

CIFR

CIFR Risk / Return Rank: 94
CIFR Sharpe Ratio Rank: 96
CIFR Sortino Ratio Rank: 93
CIFR Omega Ratio Rank: 89
CIFR Calmar Ratio Rank: 97
CIFR Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CRDO vs. CIFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and Cipher Digital Inc. (CIFR). 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	CIFR	Difference
Sharpe ratio: Return per unit of total volatility	0.94	2.69	-1.76
Sortino ratio: Return per unit of downside risk	1.73	3.03	-1.30
Omega ratio: Gain probability vs. loss probability	1.20	1.35	-0.15
Calmar ratio: Return relative to maximum drawdown	1.61	6.06	-4.45
Martin ratio: Return relative to average drawdown	3.65	11.90	-8.25

CRDO vs. CIFR - Sharpe Ratio Comparison

The current CRDO Sharpe Ratio is 0.94, which is lower than the CIFR Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of CRDO and CIFR, 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

CRDO vs. CIFR - Drawdown Comparison

The maximum CRDO drawdown since its inception was -62.04%, smaller than the maximum CIFR drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for CRDO and CIFR.

Drawdown Indicators

	CRDO	CIFR	Difference
Max Drawdown Largest peak-to-trough decline	-62.04%	-97.16%	+35.12%
Max Drawdown (1Y) Largest decline over 1 year	-53.59%	-51.38%	-2.21%
Max Drawdown (3Y) Largest decline over 3 years	-61.05%	-71.74%	+10.69%
Current Drawdown Current decline from peak	-31.58%	-23.51%	-8.07%
Average Drawdown Average peak-to-trough decline	-19.39%	-65.01%	+45.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.55%	26.14%	-2.59%

Volatility

CRDO vs. CIFR - Volatility Comparison

The current volatility for Credo Technology Group Holding Ltd (CRDO) is 29.83%, while Cipher Digital Inc. (CIFR) has a volatility of 46.50%. This indicates that CRDO experiences smaller price fluctuations and is considered to be less risky than CIFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRDO	CIFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.83%	46.50%	-16.67%
Volatility (6M) Calculated over the trailing 6-month period	73.09%	79.79%	-6.70%
Volatility (1Y) Calculated over the trailing 1-year period	92.00%	115.46%	-23.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.43%	122.42%	-39.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.43%	122.42%	-39.99%

Dividends

CRDO vs. CIFR - Dividend Comparison

Neither CRDO nor CIFR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CRDO and CIFR in my portfolio?

CRDO and CIFR have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRDO or CIFR?

CIFR has higher volatility (46.50%) compared to CRDO (29.83%). In terms of maximum drawdown, CRDO dropped -62.04% vs CIFR's -97.16%.

Which has better risk-adjusted returns?

CIFR currently has the higher Sharpe Ratio (2.69 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.