CROX vs. CPNG

Last updated Jun 5, 2026

CROX (Crocs, Inc.) and CPNG (Coupang, Inc.) are both stocks. Both are in the Consumer Cyclical sector — CROX in Footwear & Accessories, CPNG in Internet Retail. Over the past 5 years, CROX returned 3.36%/yr vs -15.73%/yr for CPNG. At a 0.29 correlation, their price movements are largely independent.

Performance

CROX vs. CPNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Crocs, Inc. (CROX) and Coupang, Inc. (CPNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CROX achieves a 42.10% return, which is significantly higher than CPNG's -29.93% return.

CROX

• 1D: 2.57%
• 1M: 18.05%
• YTD: 42.10%
• 6M: 37.72%
• 1Y: 22.74%
• 3Y*: 3.48%
• 5Y*: 3.36%
• 10Y*: 28.02%

CPNG

• 1D: 0.67%
• 1M: -20.38%
• YTD: -29.93%
• 6M: -38.82%
• 1Y: -41.69%
• 3Y*: 1.82%
• 5Y*: -15.73%
• 10Y*: —

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

CROX vs. CPNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CROX Crocs, Inc.	42.10%	-21.92%	17.26%	-13.85%	-15.43%	55.31%
CPNG Coupang, Inc.	-29.93%	7.32%	35.76%	10.06%	-49.93%	-40.35%

Correlation

The correlation between CROX and CPNG is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Mar 12, 2021	0.29

The correlation between CROX and CPNG shifts across timeframes, from 0.17 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CROX : $6.16B CPNG : $30.17B
EPS CROX : -$1.94 CPNG : -$0.09
PS Ratio CROX : 1.61 CPNG : 1.07
PB Ratio CROX : 4.32 CPNG : 7.68
Total Revenue (TTM) CROX : $4.02B CPNG : $28.65B
Gross Profit (TTM) CROX : $2.34B CPNG : $3.65B
EBITDA (TTM) CROX : $297.04M CPNG : $80.00M

Return for Risk

CROX vs. CPNG — Risk / Return Rank

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

CROX

CROX Risk / Return Rank: 56
CROX Sharpe Ratio Rank: 57
CROX Sortino Ratio Rank: 53
CROX Omega Ratio Rank: 56
CROX Calmar Ratio Rank: 57
CROX Martin Ratio Rank: 55

CPNG

CPNG Risk / Return Rank: 7
CPNG Sharpe Ratio Rank: 4
CPNG Sortino Ratio Rank: 6
CPNG Omega Ratio Rank: 6
CPNG Calmar Ratio Rank: 13
CPNG Martin Ratio Rank: 8

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.

CROX vs. CPNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Crocs, Inc. (CROX) and Coupang, Inc. (CPNG). 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.

	CROX	CPNG	Difference
Sharpe ratio: Return per unit of total volatility	0.44	-1.04	+1.47
Sortino ratio: Return per unit of downside risk	0.92	-1.47	+2.39
Omega ratio: Gain probability vs. loss probability	1.14	0.81	+0.33
Calmar ratio: Return relative to maximum drawdown	0.70	-0.77	+1.47
Martin ratio: Return relative to average drawdown	1.19	-1.40	+2.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CROX vs. CPNG - Sharpe Ratio Comparison

The current CROX Sharpe Ratio is 0.44, which is higher than the CPNG Sharpe Ratio of -1.04. The chart below compares the historical Sharpe Ratios of CROX and CPNG, 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

	CROX	CPNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	-1.04	+1.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	-0.30	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	-0.36	+0.53

Drawdowns

CROX vs. CPNG - Drawdown Comparison

The maximum CROX drawdown since its inception was -98.74%, which is greater than CPNG's maximum drawdown of -81.47%. Use the drawdown chart below to compare losses from any high point for CROX and CPNG.

Drawdown Indicators

	CROX	CPNG	Difference
Max Drawdown Largest peak-to-trough decline	-98.74%	-81.47%	-17.27%
Max Drawdown (1Y) Largest decline over 1 year	-32.54%	-54.49%	+21.95%
Max Drawdown (3Y) Largest decline over 3 years	-54.04%	-54.49%	+0.45%
Max Drawdown (5Y) Largest decline over 5 years	-73.86%	-79.01%	+5.15%
Max Drawdown (10Y) Largest decline over 10 years	-75.18%	—	—
Current Drawdown Current decline from peak	-32.70%	-67.23%	+34.53%
Average Drawdown Average peak-to-trough decline	-61.29%	-54.91%	-6.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.17%	29.76%	-10.59%

Volatility

CROX vs. CPNG - Volatility Comparison

The current volatility for Crocs, Inc. (CROX) is 11.14%, while Coupang, Inc. (CPNG) has a volatility of 19.45%. This indicates that CROX experiences smaller price fluctuations and is considered to be less risky than CPNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CROX	CPNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.14%	19.45%	-8.31%
Volatility (6M) Calculated over the trailing 6-month period	32.09%	35.68%	-3.59%
Volatility (1Y) Calculated over the trailing 1-year period	52.49%	40.32%	+12.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.12%	51.91%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.94%	52.40%	+3.54%

Dividends

CROX vs. CPNG - Dividend Comparison

Neither CROX nor CPNG has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CROX and CPNG in my portfolio?

CROX and CPNG have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CROX or CPNG?

CPNG has higher volatility (19.45%) compared to CROX (11.14%). In terms of maximum drawdown, CROX dropped -98.74% vs CPNG's -81.47%.

Which has better risk-adjusted returns?

CROX currently has the higher Sharpe Ratio (0.44 vs -1.04), 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.