CRDO vs. HDV
CRDO (Credo Technology Group Holding Ltd) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 3 years, CRDO returned 130.87%/yr vs 15.43%/yr for HDV. Their 0.07 correlation means their historical movements had little consistent relationship.
Performance
CRDO vs. HDV - 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 HDV's 20.03% return.
CRDO
- 1D
- 2.94%
- 1M
- -14.44%
- 6M
- 65.22%
- YTD
- 43.85%
- 1Y
- 92.44%
- 3Y*
- 130.87%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 87.78%
HDV
- 1D
- 0.03%
- 1M
- 2.79%
- 6M
- 10.43%
- YTD
- 20.03%
- 1Y
- 25.63%
- 3Y*
- 15.43%
- 5Y*
- 12.05%
- 10Y*
- 9.66%
- ALL TIME*
- 10.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.17B | $1.40B | $1.87B | |
| $196.84M | $160.55M | $106.56M |
CRDO vs. HDV - 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% |
HDV iShares Core High Dividend ETF | 20.03% | 11.90% | 14.16% | 1.72% | 6.90% |
Correlation
The correlation between CRDO and HDV is -0.26, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.26 |
Correlation (3Y) Balances recent behavior with more history. | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.07 |
The correlation between CRDO and HDV shifts across timeframes, from -0.26 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CRDO vs. HDV — Risk / Return Rank
CRDO
HDV
CRDO vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and iShares Core High Dividend ETF (HDV). 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 | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.42 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 4.98 | -3.37 |
| Martin ratioReturn relative to average drawdown | 3.65 | 13.63 | -9.98 |
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Drawdowns
CRDO vs. HDV - Drawdown Comparison
The maximum CRDO drawdown since its inception was -62.04%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for CRDO and HDV.
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Drawdown Indicators
| CRDO | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.04% | -37.04% | -25.00% |
Max Drawdown (1Y)Largest decline over 1 year | -53.59% | -5.18% | -48.41% |
Max Drawdown (3Y)Largest decline over 3 years | -61.05% | -10.49% | -50.56% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -31.58% | -1.41% | -30.17% |
Average DrawdownAverage peak-to-trough decline | -19.39% | -3.06% | -16.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.55% | 1.89% | +21.66% |
Volatility
CRDO vs. HDV - Volatility Comparison
Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 29.83% compared to iShares Core High Dividend ETF (HDV) at 4.98%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRDO | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.83% | 4.98% | +24.85% |
Volatility (6M)Calculated over the trailing 6-month period | 73.09% | 8.72% | +64.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.00% | 10.85% | +81.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.43% | 12.95% | +69.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.43% | 15.78% | +66.65% |
Dividends
CRDO vs. HDV - Dividend Comparison
CRDO has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 3.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HDV iShares Core High Dividend ETF | 3.07% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
Frequently Asked Questions
CRDO and HDV have a correlation of -0.26, 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 HDV (4.98%). In terms of maximum drawdown, CRDO dropped -62.04% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.39 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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