CRGY vs. ASPN
CRGY (Crescent Energy Company) and ASPN (Aspen Aerogels, Inc.) are both stocks. CRGY operates in Utilities - Diversified (Utilities), while ASPN operates in Building Products & Equipment (Industrials). Over the past 3 years, CRGY returned 6.43%/yr vs -3.23%/yr for ASPN. At a 0.23 correlation, their price movements are largely independent.
Performance
CRGY vs. ASPN - Performance Comparison
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Returns By Period
In the year-to-date period, CRGY achieves a 27.85% return, which is significantly lower than ASPN's 125.09% return.
CRGY
- 1D
- 0.77%
- 1M
- -20.30%
- YTD
- 27.85%
- 6M
- 30.18%
- 1Y
- 16.22%
- 3Y*
- 6.43%
- 5Y*
- —
- 10Y*
- —
ASPN
- 1D
- 0.79%
- 1M
- 10.02%
- YTD
- 125.09%
- 6M
- 118.90%
- 1Y
- 10.02%
- 3Y*
- -3.23%
- 5Y*
- -23.74%
- 10Y*
- 2.98%
CRGY vs. ASPN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CRGY Crescent Energy Company | 27.85% | -39.60% | 15.16% | 15.58% | -1.55% | -16.03% |
ASPN Aspen Aerogels, Inc. | 125.09% | -76.18% | -24.71% | 33.84% | -76.32% | -8.84% |
Correlation
The correlation between CRGY and ASPN is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021 | 0.23 |
The correlation between CRGY and ASPN shifts across timeframes, from 0.12 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CRGY:
$3.45B
ASPN:
$527.07M
CRGY:
-$0.98
ASPN:
-$1.36
CRGY:
0.81
ASPN:
2.28
CRGY:
0.74
ASPN:
2.47
CRGY:
$3.81B
ASPN:
$230.26M
CRGY:
$2.68B
ASPN:
$27.46M
CRGY:
$1.21B
ASPN:
-$59.70M
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Return for Risk
CRGY vs. ASPN — Risk / Return Rank
CRGY
ASPN
CRGY vs. ASPN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Crescent Energy Company (CRGY) and Aspen Aerogels, Inc. (ASPN). 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.
| CRGY | ASPN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.13 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 0.14 | +0.53 |
| Martin ratioReturn relative to average drawdown | 1.58 | 0.22 | +1.36 |
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Drawdowns
CRGY vs. ASPN - Drawdown Comparison
The maximum CRGY drawdown since its inception was -56.21%, smaller than the maximum ASPN drawdown of -95.96%. Use the drawdown chart below to compare losses from any high point for CRGY and ASPN.
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Drawdown Indicators
| CRGY | ASPN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.21% | -95.96% | +39.75% |
Max Drawdown (1Y)Largest decline over 1 year | -24.30% | -70.86% | +46.56% |
Max Drawdown (3Y)Largest decline over 3 years | -55.95% | -91.90% | +35.95% |
Max Drawdown (5Y)Largest decline over 5 years | — | -95.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -95.96% | — |
Current DrawdownCurrent decline from peak | -33.01% | -89.99% | +56.98% |
Average DrawdownAverage peak-to-trough decline | -30.16% | -56.50% | +26.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.39% | 45.65% | -35.26% |
Volatility
CRGY vs. ASPN - Volatility Comparison
The current volatility for Crescent Energy Company (CRGY) is 13.20%, while Aspen Aerogels, Inc. (ASPN) has a volatility of 19.67%. This indicates that CRGY experiences smaller price fluctuations and is considered to be less risky than ASPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRGY | ASPN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.20% | 19.67% | -6.47% |
Volatility (6M)Calculated over the trailing 6-month period | 34.35% | 65.65% | -31.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.78% | 92.76% | -41.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.69% | 88.01% | -37.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.69% | 74.97% | -24.28% |
Dividends
CRGY vs. ASPN - Dividend Comparison
CRGY's dividend yield for the trailing twelve months is around 4.56%, while ASPN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ASPN Aspen Aerogels, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CRGY Crescent Energy Company | 4.56% | 5.72% | 3.29% | 4.01% | 5.25% |
Financials
CRGY vs. ASPN - Financials Comparison
This section allows you to compare key financial metrics between Crescent Energy Company and Aspen Aerogels, Inc.. 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
CRGY vs. ASPN - Profitability Comparison
CRGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Crescent Energy Company reported a gross profit of 1.08B and revenue of 1.18B. Therefore, the gross margin over that period was 91.4%.
ASPN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aspen Aerogels, Inc. reported a gross profit of 4.28M and revenue of 37.88M. Therefore, the gross margin over that period was 11.3%.
CRGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Crescent Energy Company reported an operating income of 327.49M and revenue of 1.18B, resulting in an operating margin of 27.7%.
ASPN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aspen Aerogels, Inc. reported an operating income of -20.83M and revenue of 37.88M, resulting in an operating margin of -55.0%.
CRGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Crescent Energy Company reported a net income of -419.85M and revenue of 1.18B, resulting in a net margin of -35.5%.
ASPN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aspen Aerogels, Inc. reported a net income of -23.69M and revenue of 37.88M, resulting in a net margin of -62.5%.
Frequently Asked Questions
CRGY and ASPN have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASPN has higher volatility (19.67%) compared to CRGY (13.20%). In terms of maximum drawdown, CRGY dropped -56.21% vs ASPN's -95.96%.
CRGY currently has the higher Sharpe Ratio (0.32 vs 0.11), 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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