CRON vs. COIN

Last updated Jun 4, 2026

CRON (Cronos Group Inc.) and COIN (Coinbase Global, Inc.) are both stocks. CRON operates in Drug Manufacturers - Specialty & Generic (Healthcare), while COIN operates in Software - Application (Technology). Over the past 5 years, CRON returned -20.64%/yr vs -6.53%/yr for COIN. At a 0.38 correlation, their price movements are largely independent.

Performance

CRON vs. COIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cronos Group Inc. (CRON) and Coinbase Global, Inc. (COIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRON achieves a 3.04% return, which is significantly higher than COIN's -27.82% return.

CRON

• 1D: -0.73%
• 1M: 2.26%
• YTD: 3.04%
• 6M: 7.97%
• 1Y: 40.41%
• 3Y*: 15.69%
• 5Y*: -20.64%
• 10Y*: —

COIN

• 1D: -6.19%
• 1M: -19.59%
• YTD: -27.82%
• 6M: -41.06%
• 1Y: -36.96%
• 3Y*: 36.24%
• 5Y*: -6.53%
• 10Y*: —

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

CRON vs. COIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CRON Cronos Group Inc.	3.04%	30.20%	-3.35%	-17.72%	-35.20%	-52.43%
COIN Coinbase Global, Inc.	-27.82%	-8.92%	42.77%	391.44%	-85.98%	-23.12%

Correlation

The correlation between CRON and COIN is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021	0.38

Fundamentals

EPS CRON : -$0.01 COIN : $2.90
PS Ratio CRON : 3.56 COIN : 7.75
Total Revenue (TTM) CRON : $220.07M COIN : $5.81B
Gross Profit (TTM) CRON : $68.18M COIN : $4.65B
EBITDA (TTM) CRON : $2.28M COIN : $1.68B

Return for Risk

CRON vs. COIN — Risk / Return Rank

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

CRON

CRON Risk / Return Rank: 67
CRON Sharpe Ratio Rank: 68
CRON Sortino Ratio Rank: 68
CRON Omega Ratio Rank: 65
CRON Calmar Ratio Rank: 68
CRON Martin Ratio Rank: 64

COIN

COIN Risk / Return Rank: 20
COIN Sharpe Ratio Rank: 18
COIN Sortino Ratio Rank: 20
COIN Omega Ratio Rank: 21
COIN Calmar Ratio Rank: 21
COIN Martin Ratio Rank: 22

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.

CRON vs. COIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cronos Group Inc. (CRON) and Coinbase Global, Inc. (COIN). 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.

	CRON	COIN	Difference
Sharpe ratio Return per unit of total volatility	0.88	-0.53	+1.41
Sortino ratio Return per unit of downside risk	1.66	-0.46	+2.13
Omega ratio Gain probability vs. loss probability	1.19	0.95	+0.25
Calmar ratio Return relative to maximum drawdown	1.51	-0.56	+2.07
Martin ratio Return relative to average drawdown	2.68	-0.93	+3.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRON vs. COIN - Sharpe Ratio Comparison

The current CRON Sharpe Ratio is 0.88, which is higher than the COIN Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of CRON and COIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CRON	COIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	-0.53	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.38	-0.08	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	-0.15	+0.59

Drawdowns

CRON vs. COIN - Drawdown Comparison

The maximum CRON drawdown since its inception was -93.16%, roughly equal to the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for CRON and COIN.

Drawdown Indicators

	CRON	COIN	Difference
Max Drawdown Largest peak-to-trough decline	-93.16%	-90.90%	-2.26%
Max Drawdown (1Y) Largest decline over 1 year	-26.91%	-66.39%	+39.48%
Max Drawdown (3Y) Largest decline over 3 years	-46.36%	-66.39%	+20.03%
Max Drawdown (5Y) Largest decline over 5 years	-82.12%	-90.90%	+8.78%
Current Drawdown Current decline from peak	-88.57%	-61.12%	-27.45%
Average Drawdown Average peak-to-trough decline	-63.56%	-49.83%	-13.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.11%	39.68%	-24.57%

Volatility

CRON vs. COIN - Volatility Comparison

The current volatility for Cronos Group Inc. (CRON) is 11.65%, while Coinbase Global, Inc. (COIN) has a volatility of 19.13%. This indicates that CRON experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRON	COIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.65%	19.13%	-7.48%
Volatility (6M) Calculated over the trailing 6-month period	31.17%	50.99%	-19.82%
Volatility (1Y) Calculated over the trailing 1-year period	46.33%	70.20%	-23.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.91%	85.85%	-31.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.73%	85.39%	-10.66%

Dividends

CRON vs. COIN - Dividend Comparison

Neither CRON nor COIN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

CRON vs. COIN - Profitability Comparison

The chart below illustrates the profitability comparison between Cronos Group Inc. and Coinbase Global, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CRON - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cronos Group Inc. reported a gross profit of 19.15M and revenue of 58.97M. Therefore, the gross margin over that period was 32.5%.

COIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a gross profit of 1.22B and revenue of 1.41B. Therefore, the gross margin over that period was 86.1%.

CRON - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cronos Group Inc. reported an operating income of -1.83M and revenue of 58.97M, resulting in an operating margin of -3.1%.

COIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported an operating income of 35.15M and revenue of 1.41B, resulting in an operating margin of 2.5%.

CRON - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cronos Group Inc. reported a net income of 13.75M and revenue of 58.97M, resulting in a net margin of 23.3%.

COIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a net income of -394.12M and revenue of 1.41B, resulting in a net margin of -27.9%.

Frequently Asked Questions

Can I hold both CRON and COIN in my portfolio?

CRON and COIN have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRON or COIN?

COIN has higher volatility (19.13%) compared to CRON (11.65%). In terms of maximum drawdown, CRON dropped -93.16% vs COIN's -90.90%.

Which has better risk-adjusted returns?

CRON currently has the higher Sharpe Ratio (0.88 vs -0.53), 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.