CRDO vs. MSFT.NEO
CRDO (Credo Technology Group Holding Ltd) and MSFT.NEO (Microsoft Corp CDR) are both stocks. Both are in the Technology sector — CRDO in Semiconductors, MSFT.NEO in Software - Infrastructure. Over the past 3 years, CRDO returned 143.22%/yr vs 2.25%/yr for MSFT.NEO. At a 0.36 correlation, their price movements are largely independent.
Performance
CRDO vs. MSFT.NEO - Performance Comparison
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Different Trading Currencies
CRDO is traded in USD, while MSFT.NEO is traded in CAD. To make them comparable, the MSFT.NEO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CRDO achieves a 80.28% return, which is significantly higher than MSFT.NEO's -19.49% return.
CRDO
- 1D
- 3.43%
- 1M
- 50.67%
- YTD
- 80.28%
- 6M
- 82.66%
- 1Y
- 252.99%
- 3Y*
- 143.22%
- 5Y*
- —
- 10Y*
- —
MSFT.NEO
- 1D
- 2.32%
- 1M
- -6.65%
- YTD
- -19.49%
- 6M
- -17.72%
- 1Y
- -19.35%
- 3Y*
- 2.25%
- 5Y*
- —
- 10Y*
- —
CRDO vs. MSFT.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CRDO Credo Technology Group Holding Ltd | 80.28% | 114.09% | 245.20% | 46.28% | 10.00% |
MSFT.NEO Microsoft Corp CDR | -19.49% | 17.99% | 2.58% | 60.15% | -25.30% |
Correlation
The correlation between CRDO and MSFT.NEO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.36 |
The correlation between CRDO and MSFT.NEO shifts across timeframes, from 0.24 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CRDO:
$49.98B
MSFT.NEO:
CA$209.09B
CRDO:
$2.50
MSFT.NEO:
$14.11
CRDO:
103.94
MSFT.NEO:
1.43
CRDO:
36.77
MSFT.NEO:
0.51
CRDO:
24.22
MSFT.NEO:
0.41
CRDO:
$1.34B
MSFT.NEO:
$293.81B
CRDO:
$908.35M
MSFT.NEO:
$202.04B
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Return for Risk
CRDO vs. MSFT.NEO — Risk / Return Rank
CRDO
MSFT.NEO
CRDO vs. MSFT.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and Microsoft Corp CDR (MSFT.NEO). 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 | MSFT.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.72 | ||
| Sortino ratioReturn per unit of downside risk | +3.94 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.89 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 4.75 | -0.57 | +5.32 |
| Martin ratioReturn relative to average drawdown | 11.47 | -1.18 | +12.64 |
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Drawdowns
CRDO vs. MSFT.NEO - Drawdown Comparison
The maximum CRDO drawdown since its inception was -62.04%, which is greater than MSFT.NEO's maximum drawdown of -42.98%. Use the drawdown chart below to compare losses from any high point for CRDO and MSFT.NEO.
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Drawdown Indicators
| CRDO | MSFT.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.04% | -42.98% | -19.06% |
Max Drawdown (1Y)Largest decline over 1 year | -53.59% | -34.13% | -19.46% |
Max Drawdown (3Y)Largest decline over 3 years | -61.05% | -34.13% | -26.92% |
Current DrawdownCurrent decline from peak | -2.02% | -27.17% | +25.15% |
Average DrawdownAverage peak-to-trough decline | -19.37% | -14.17% | -5.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.17% | 16.49% | +5.68% |
Volatility
CRDO vs. MSFT.NEO - Volatility Comparison
Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 28.17% compared to Microsoft Corp CDR (MSFT.NEO) at 10.98%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than MSFT.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRDO | MSFT.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.17% | 10.98% | +17.19% |
Volatility (6M)Calculated over the trailing 6-month period | 65.17% | 22.91% | +42.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.84% | 26.13% | +59.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.47% | 27.83% | +53.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.47% | 27.83% | +53.64% |
Dividends
CRDO vs. MSFT.NEO - Dividend Comparison
CRDO has not paid dividends to shareholders, while MSFT.NEO's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CRDO Credo Technology Group Holding Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT.NEO Microsoft Corp CDR | 0.89% | 0.70% | 0.73% | 0.75% | 1.07% | 0.19% |
Financials
CRDO vs. MSFT.NEO - Financials Comparison
This section allows you to compare key financial metrics between Credo Technology Group Holding Ltd and Microsoft Corp CDR. 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
CRDO vs. MSFT.NEO - Profitability Comparison
CRDO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a gross profit of 298.07M and revenue of 437.00M. Therefore, the gross margin over that period was 68.2%.
MSFT.NEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microsoft Corp CDR reported a gross profit of 53.63B and revenue of 77.67B. Therefore, the gross margin over that period was 69.1%.
CRDO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported an operating income of 155.85M and revenue of 437.00M, resulting in an operating margin of 35.7%.
MSFT.NEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microsoft Corp CDR reported an operating income of 37.96B and revenue of 77.67B, resulting in an operating margin of 48.9%.
CRDO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a net income of 169.10M and revenue of 437.00M, resulting in a net margin of 38.7%.
MSFT.NEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microsoft Corp CDR reported a net income of 27.75B and revenue of 77.67B, resulting in a net margin of 35.7%.
Frequently Asked Questions
CRDO and MSFT.NEO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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