CRDO vs. LVHD

Last updated Jul 14, 2026

CRDO (Credo Technology Group Holding Ltd) is a stock, while LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) is Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index. Over the past 3 years, CRDO returned 141.11%/yr vs 10.36%/yr for LVHD. At a 0.04 correlation, their price movements are largely independent.

Performance

CRDO vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credo Technology Group Holding Ltd (CRDO) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRDO achieves a 64.63% return, which is significantly higher than LVHD's 13.28% return.

CRDO

• 1D: -8.11%
• 1M: -5.55%
• 6M: 51.78%
• YTD: 64.63%
• 1Y: 140.44%
• 3Y*: 141.11%
• 5Y*: —
• 10Y*: —

LVHD

• 1D: 0.45%
• 1M: 2.10%
• 6M: 11.64%
• YTD: 13.28%
• 1Y: 14.86%
• 3Y*: 10.36%
• 5Y*: 7.56%
• 10Y*: 8.14%

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

CRDO vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CRDO Credo Technology Group Holding Ltd	64.63%	114.09%	245.20%	46.28%	10.00%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	13.28%	7.50%	10.18%	-0.95%	2.03%

Correlation

The correlation between CRDO and LVHD is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.25
Correlation (3Y) Calculated over the trailing 3-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.04

The correlation between CRDO and LVHD shifts across timeframes, from -0.25 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CRDO vs. LVHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRDO

CRDO Risk / Return Rank: 83
CRDO Sharpe Ratio Rank: 87
CRDO Sortino Ratio Rank: 83
CRDO Omega Ratio Rank: 79
CRDO Calmar Ratio Rank: 84
CRDO Martin Ratio Rank: 83

LVHD

LVHD Risk / Return Rank: 53
LVHD Sharpe Ratio Rank: 53
LVHD Sortino Ratio Rank: 56
LVHD Omega Ratio Rank: 49
LVHD Calmar Ratio Rank: 61
LVHD Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRDO vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). 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	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.45	+0.12
Sortino ratio: Return per unit of downside risk	2.22	2.15	+0.07
Omega ratio: Gain probability vs. loss probability	1.25	1.25	0.00
Calmar ratio: Return relative to maximum drawdown	2.64	2.42	+0.22
Martin ratio: Return relative to average drawdown	6.27	6.00	+0.28

CRDO vs. LVHD - Sharpe Ratio Comparison

The current CRDO Sharpe Ratio is 1.57, which is comparable to the LVHD Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of CRDO and LVHD, 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. LVHD - Drawdown Comparison

The maximum CRDO drawdown since its inception was -62.04%, which is greater than LVHD's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for CRDO and LVHD.

Drawdown Indicators

	CRDO	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-62.04%	-37.32%	-24.72%
Max Drawdown (1Y) Largest decline over 1 year	-53.59%	-6.17%	-47.42%
Max Drawdown (3Y) Largest decline over 3 years	-61.05%	-14.29%	-46.76%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.32%	—
Current Drawdown Current decline from peak	-21.70%	-0.82%	-20.88%
Average Drawdown Average peak-to-trough decline	-19.26%	-4.02%	-15.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.47%	2.48%	+19.99%

Volatility

CRDO vs. LVHD - Volatility Comparison

Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 34.34% compared to Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) at 4.43%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than LVHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRDO	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.34%	4.43%	+29.91%
Volatility (6M) Calculated over the trailing 6-month period	70.61%	7.77%	+62.84%
Volatility (1Y) Calculated over the trailing 1-year period	89.95%	10.30%	+79.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.16%	12.99%	+69.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.16%	15.55%	+66.61%

Dividends

CRDO vs. LVHD - Dividend Comparison

CRDO has not paid dividends to shareholders, while LVHD's dividend yield for the trailing twelve months is around 3.21%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.21%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%

Frequently Asked Questions

Can I hold both CRDO and LVHD in my portfolio?

CRDO and LVHD have a correlation of -0.25, 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 LVHD?

CRDO has higher volatility (34.34%) compared to LVHD (4.43%). In terms of maximum drawdown, CRDO dropped -62.04% vs LVHD's -37.32%.

Which has better risk-adjusted returns?

CRDO currently has the higher Sharpe Ratio (1.57 vs 1.45), 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.