CRVL vs. AVGO

Last updated Jun 24, 2026

CRVL (CorVel Corporation) and AVGO (Broadcom Inc.) are both stocks. CRVL operates in Insurance Brokers (Financial Services), while AVGO operates in Semiconductors (Technology). Over the past 10 years, CRVL returned 15.41%/yr vs 41.88%/yr for AVGO. At a 0.25 correlation, their price movements are largely independent.

Performance

CRVL vs. AVGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CorVel Corporation (CRVL) and Broadcom Inc. (AVGO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRVL achieves a -11.79% return, which is significantly lower than AVGO's 10.80% return. Over the past 10 years, CRVL has underperformed AVGO with an annualized return of 15.41%, while AVGO has yielded a comparatively higher 41.88% annualized return.

CRVL

• 1D: 3.63%
• 1M: -4.86%
• YTD: -11.79%
• 6M: -12.27%
• 1Y: -42.20%
• 3Y*: -3.66%
• 5Y*: 6.62%
• 10Y*: 15.41%

AVGO

• 1D: 0.51%
• 1M: -7.60%
• YTD: 10.80%
• 6M: 9.50%
• 1Y: 45.91%
• 3Y*: 68.90%
• 5Y*: 55.46%
• 10Y*: 41.88%

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

CRVL vs. AVGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CRVL CorVel Corporation	-11.79%	-39.18%	35.02%	70.10%	-30.13%	96.23%	21.34%	41.54%	16.67%	44.54%
AVGO Broadcom Inc.	10.80%	50.63%	110.49%	104.18%	-13.27%	56.48%	44.88%	29.05%	2.18%	48.19%

Correlation

The correlation between CRVL and AVGO is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Aug 6, 2009	0.25

The correlation between CRVL and AVGO shifts across timeframes, from -0.16 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CRVL : $3.06B AVGO : $1.86T
EPS CRVL : $2.14 AVGO : $6.01
PE Ratio CRVL : 27.93 AVGO : 63.58
PEG Ratio CRVL : 1.89 AVGO : 0.79
PS Ratio CRVL : 3.21 AVGO : 24.70
PB Ratio CRVL : 7.76 AVGO : 21.24
Total Revenue (TTM) CRVL : $958.53M AVGO : $75.47B
Gross Profit (TTM) CRVL : $232.86M AVGO : $50.53B
EBITDA (TTM) CRVL : $166.41M AVGO : $42.03B

Return for Risk

CRVL vs. AVGO — Risk / Return Rank

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

CRVL

CRVL Risk / Return Rank: 10
CRVL Sharpe Ratio Rank: 5
CRVL Sortino Ratio Rank: 8
CRVL Omega Ratio Rank: 6
CRVL Calmar Ratio Rank: 14
CRVL Martin Ratio Rank: 16

AVGO

AVGO Risk / Return Rank: 71
AVGO Sharpe Ratio Rank: 73
AVGO Sortino Ratio Rank: 68
AVGO Omega Ratio Rank: 69
AVGO Calmar Ratio Rank: 72
AVGO Martin Ratio Rank: 71

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.

CRVL vs. AVGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CorVel Corporation (CRVL) and Broadcom Inc. (AVGO). 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.

	CRVL	AVGO	Difference
Sharpe ratio: Return per unit of total volatility	-1.02	1.00	-2.02
Sortino ratio: Return per unit of downside risk	-1.31	1.57	-2.87
Omega ratio: Gain probability vs. loss probability	0.80	1.20	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.75	1.61	-2.36
Martin ratio: Return relative to average drawdown	-1.19	3.62	-4.81

CRVL vs. AVGO - Sharpe Ratio Comparison

The current CRVL Sharpe Ratio is -1.02, which is lower than the AVGO Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of CRVL and AVGO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CRVL vs. AVGO - Drawdown Comparison

The maximum CRVL drawdown since its inception was -67.12%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for CRVL and AVGO.

Drawdown Indicators

	CRVL	AVGO	Difference
Max Drawdown Largest peak-to-trough decline	-67.12%	-48.30%	-18.82%
Max Drawdown (1Y) Largest decline over 1 year	-56.07%	-28.67%	-27.40%
Max Drawdown (3Y) Largest decline over 3 years	-64.19%	-41.15%	-23.04%
Max Drawdown (5Y) Largest decline over 5 years	-64.19%	-41.15%	-23.04%
Max Drawdown (10Y) Largest decline over 10 years	-64.19%	-48.30%	-15.89%
Current Drawdown Current decline from peak	-53.53%	-20.54%	-32.99%
Average Drawdown Average peak-to-trough decline	-20.39%	-8.00%	-12.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.62%	12.70%	+22.92%

Volatility

CRVL vs. AVGO - Volatility Comparison

The current volatility for CorVel Corporation (CRVL) is 12.22%, while Broadcom Inc. (AVGO) has a volatility of 21.77%. This indicates that CRVL experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRVL	AVGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	21.77%	-9.55%
Volatility (6M) Calculated over the trailing 6-month period	39.26%	33.32%	+5.94%
Volatility (1Y) Calculated over the trailing 1-year period	41.41%	46.48%	-5.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.40%	43.63%	-10.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.39%	39.59%	-5.20%

Dividends

CRVL vs. AVGO - Dividend Comparison

CRVL has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGO Broadcom Inc.	0.66%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%
CRVL CorVel Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

CRVL vs. AVGO - Profitability Comparison

The chart below illustrates the profitability comparison between CorVel Corporation and Broadcom Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CRVL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CorVel Corporation reported a gross profit of 63.01M and revenue of 248.55M. Therefore, the gross margin over that period was 25.4%.

AVGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.

CRVL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CorVel Corporation reported an operating income of 39.72M and revenue of 248.55M, resulting in an operating margin of 16.0%.

AVGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.

CRVL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CorVel Corporation reported a net income of 31.03M and revenue of 248.55M, resulting in a net margin of 12.5%.

AVGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.

Frequently Asked Questions

Can I hold both CRVL and AVGO in my portfolio?

CRVL and AVGO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRVL or AVGO?

AVGO has higher volatility (21.77%) compared to CRVL (12.22%). In terms of maximum drawdown, CRVL dropped -67.12% vs AVGO's -48.30%.

Which has better risk-adjusted returns?

AVGO currently has the higher Sharpe Ratio (1.00 vs -1.02), 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.