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CRDO vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CRDO and FSELX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

CRDO vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credo Technology Group Holding Ltd (CRDO) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
143.87%
-4.14%
CRDO
FSELX

Key characteristics

Sharpe Ratio

CRDO:

2.98

FSELX:

0.89

Sortino Ratio

CRDO:

3.79

FSELX:

1.38

Omega Ratio

CRDO:

1.47

FSELX:

1.17

Calmar Ratio

CRDO:

7.34

FSELX:

1.34

Martin Ratio

CRDO:

19.52

FSELX:

3.72

Ulcer Index

CRDO:

12.58%

FSELX:

8.75%

Daily Std Dev

CRDO:

82.54%

FSELX:

36.47%

Max Drawdown

CRDO:

-62.04%

FSELX:

-81.70%

Current Drawdown

CRDO:

-13.22%

FSELX:

-9.51%

Returns By Period

In the year-to-date period, CRDO achieves a 244.32% return, which is significantly higher than FSELX's 41.24% return.


CRDO

YTD

244.32%

1M

52.57%

6M

136.31%

1Y

253.03%

5Y*

N/A

10Y*

N/A

FSELX

YTD

41.24%

1M

-0.03%

6M

-5.49%

1Y

36.69%

5Y*

22.57%

10Y*

17.21%

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Risk-Adjusted Performance

CRDO vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and Fidelity Select Semiconductors Portfolio (FSELX). 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.


Sharpe ratio
The chart of Sharpe ratio for CRDO, currently valued at 2.98, compared to the broader market-4.00-2.000.002.002.980.89
The chart of Sortino ratio for CRDO, currently valued at 3.79, compared to the broader market-4.00-2.000.002.004.003.791.38
The chart of Omega ratio for CRDO, currently valued at 1.47, compared to the broader market0.501.001.502.001.471.17
The chart of Calmar ratio for CRDO, currently valued at 7.34, compared to the broader market0.002.004.006.007.341.34
The chart of Martin ratio for CRDO, currently valued at 19.52, compared to the broader market0.0010.0020.0019.523.72
CRDO
FSELX

The current CRDO Sharpe Ratio is 2.98, which is higher than the FSELX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of CRDO and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.98
0.89
CRDO
FSELX

Dividends

CRDO vs. FSELX - Dividend Comparison

CRDO has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 0.07%.


TTM20232022202120202019201820172016201520142013
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%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

CRDO vs. FSELX - Drawdown Comparison

The maximum CRDO drawdown since its inception was -62.04%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for CRDO and FSELX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.22%
-9.51%
CRDO
FSELX

Volatility

CRDO vs. FSELX - Volatility Comparison

Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 45.58% compared to Fidelity Select Semiconductors Portfolio (FSELX) at 8.09%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
45.58%
8.09%
CRDO
FSELX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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