CRDO vs. ET
Compare and contrast key facts about Credo Technology Group Holding Ltd (CRDO) and Energy Transfer LP (ET).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRDO or ET.
Key characteristics
| CRDO | ET | |
|---|---|---|
| YTD Return | -1.90% | 19.63% |
| 1Y Return | 93.71% | 38.14% |
| Sharpe Ratio | 2.01 | 2.63 |
| Daily Std Dev | 56.66% | 14.81% |
| Max Drawdown | -62.04% | -87.81% |
| Current Drawdown | -17.92% | -3.76% |
Fundamentals
| CRDO | ET | |
|---|---|---|
| Market Cap | $2.89B | $53.72B |
| EPS | -$0.23 | $1.09 |
| PE Ratio | 5.34 | 14.62 |
| PEG Ratio | 0.00 | 0.58 |
| Revenue (TTM) | $164.28M | $81.22B |
| Gross Profit (TTM) | $65.77M | $13.42B |
| EBITDA (TTM) | -$32.50M | $13.05B |
Correlation
The correlation between CRDO and ET is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CRDO vs. ET - Performance Comparison
In the year-to-date period, CRDO achieves a -1.90% return, which is significantly lower than ET's 19.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CRDO vs. ET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and Energy Transfer LP (ET). 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.
Dividends
CRDO vs. ET - Dividend Comparison
CRDO has not paid dividends to shareholders, while ET's dividend yield for the trailing twelve months is around 7.93%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ET Energy Transfer LP | 7.93% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% | 2.61% | 3.19% |
Drawdowns
CRDO vs. ET - Drawdown Comparison
The maximum CRDO drawdown since its inception was -62.04%, smaller than the maximum ET drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for CRDO and ET. For additional features, visit the drawdowns tool.
Volatility
CRDO vs. ET - Volatility Comparison
Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 11.67% compared to Energy Transfer LP (ET) at 4.24%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CRDO vs. ET - Financials Comparison
This section allows you to compare key financial metrics between Credo Technology Group Holding Ltd and Energy Transfer LP. 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