CRDO vs. XEON.DE
CRDO (Credo Technology Group Holding Ltd) is a stock, while XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) is Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Over the past 3 years, CRDO returned 142.90%/yr vs 5.79%/yr for XEON.DE. At a 0.12 correlation, their price movements are largely independent.
Performance
CRDO vs. XEON.DE - Performance Comparison
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Different Trading Currencies
CRDO is traded in USD, while XEON.DE is traded in EUR. To make them comparable, the XEON.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CRDO achieves a 74.31% return, which is significantly higher than XEON.DE's -0.38% return.
CRDO
- 1D
- -5.27%
- 1M
- 35.91%
- YTD
- 74.31%
- 6M
- 74.28%
- 1Y
- 241.28%
- 3Y*
- 142.90%
- 5Y*
- —
- 10Y*
- —
XEON.DE
- 1D
- 0.10%
- 1M
- -0.78%
- YTD
- -0.38%
- 6M
- -0.20%
- 1Y
- 2.17%
- 3Y*
- 5.79%
- 5Y*
- 0.99%
- 10Y*
- 0.93%
CRDO vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CRDO Credo Technology Group Holding Ltd | 74.31% | 114.09% | 245.20% | 46.28% | 10.00% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.38% | 15.43% | -2.15% | 6.56% | -4.82% |
Correlation
The correlation between CRDO and XEON.DE is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.12 |
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Return for Risk
CRDO vs. XEON.DE — Risk / Return Rank
CRDO
XEON.DE
CRDO vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE). 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 | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.21 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.11 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.46 | 0.75 | +3.71 |
| Martin ratioReturn relative to average drawdown | 10.76 | 1.90 | +8.86 |
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Drawdowns
CRDO vs. XEON.DE - Drawdown Comparison
The maximum CRDO drawdown since its inception was -62.04%, which is greater than XEON.DE's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for CRDO and XEON.DE.
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Drawdown Indicators
| CRDO | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.04% | -40.00% | -22.04% |
Max Drawdown (1Y)Largest decline over 1 year | -53.59% | -4.95% | -48.64% |
Max Drawdown (3Y)Largest decline over 3 years | -61.05% | -7.52% | -53.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.15% | — |
Current DrawdownCurrent decline from peak | -5.27% | -19.51% | +14.24% |
Average DrawdownAverage peak-to-trough decline | -19.38% | -21.19% | +1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.17% | 1.95% | +20.22% |
Volatility
CRDO vs. XEON.DE - Volatility Comparison
Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 28.41% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 1.21%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than XEON.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRDO | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.41% | 1.21% | +27.20% |
Volatility (6M)Calculated over the trailing 6-month period | 65.16% | 4.37% | +60.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.70% | 6.33% | +79.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.50% | 7.62% | +73.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.50% | 7.32% | +74.18% |
Dividends
CRDO vs. XEON.DE - Dividend Comparison
Neither CRDO nor XEON.DE has paid dividends to shareholders.
Frequently Asked Questions
CRDO and XEON.DE have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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