CRVO vs. SGOV
CRVO (CervoMed Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, CRVO returned -43.49%/yr vs 3.54%/yr for SGOV. At a 0.04 correlation, their price movements are largely independent.
Performance
CRVO vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRVO achieves a -60.51% return, which is significantly lower than SGOV's 1.52% return.
CRVO
- 1D
- 5.05%
- 1M
- -16.35%
- YTD
- -60.51%
- 6M
- -65.56%
- 1Y
- -58.29%
- 3Y*
- -17.32%
- 5Y*
- -43.49%
- 10Y*
- -55.42%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.52%
- 6M
- 1.79%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
CRVO vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CRVO CervoMed Inc. | -60.51% | 237.61% | -69.33% | 0.58% | -66.84% | -61.64% | -38.37% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.52% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between CRVO and SGOV is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | 0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CRVO vs. SGOV — Risk / Return Rank
CRVO
SGOV
CRVO vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CervoMed Inc. (CRVO) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| CRVO | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.10 | ||
| Sortino ratioReturn per unit of downside risk | -276.92 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 195.55 | -194.69 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 398.20 | -399.00 |
| Martin ratioReturn relative to average drawdown | -1.42 | 4,462.00 | -4,463.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CRVO | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.82 | 20.28 | -21.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 14.74 | -15.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 12.49 | -12.87 |
Drawdowns
CRVO vs. SGOV - Drawdown Comparison
The maximum CRVO drawdown since its inception was -99.99%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for CRVO and SGOV.
Loading charts...
Drawdown Indicators
| CRVO | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -0.03% | -99.96% |
Max Drawdown (1Y)Largest decline over 1 year | -72.97% | -0.01% | -72.96% |
Max Drawdown (3Y)Largest decline over 3 years | -92.67% | -0.01% | -92.66% |
Max Drawdown (5Y)Largest decline over 5 years | -96.90% | -0.03% | -96.87% |
Max Drawdown (10Y)Largest decline over 10 years | -99.98% | — | — |
Current DrawdownCurrent decline from peak | -99.98% | 0.00% | -99.98% |
Average DrawdownAverage peak-to-trough decline | -94.35% | -0.00% | -94.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.96% | 0.00% | +40.96% |
Volatility
CRVO vs. SGOV - Volatility Comparison
CervoMed Inc. (CRVO) has a higher volatility of 22.62% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that CRVO's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CRVO | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.62% | 0.05% | +22.57% |
Volatility (6M)Calculated over the trailing 6-month period | 51.20% | 0.13% | +51.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.07% | 0.20% | +70.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 122.13% | 0.24% | +121.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.51% | 0.24% | +144.27% |
Dividends
CRVO vs. SGOV - Dividend Comparison
CRVO has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CRVO CervoMed Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
CRVO and SGOV have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRVO has higher volatility (22.62%) compared to SGOV (0.05%). In terms of maximum drawdown, CRVO dropped -99.99% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.28 vs -0.82), 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.
Find the right allocation for CRVO and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer