CRWD vs. SHLD
CRWD (CrowdStrike Holdings, Inc.) is a stock, while SHLD (Global X Defense Tech ETF) is Aerospace & Defense fund tracking the Global X Defense Tech Index. Over the past year, CRWD returned 42.07% vs 8.26% for SHLD. At a 0.34 correlation, their price movements are largely independent.
Performance
CRWD vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, CRWD achieves a 45.66% return, which is significantly higher than SHLD's -1.50% return.
CRWD
- 1D
- -1.26%
- 1M
- 14.93%
- YTD
- 45.66%
- 6M
- 35.27%
- 1Y
- 42.07%
- 3Y*
- 64.60%
- 5Y*
- 24.18%
- 10Y*
- —
SHLD
- 1D
- -2.04%
- 1M
- 2.37%
- YTD
- -1.50%
- 6M
- -1.03%
- 1Y
- 8.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRWD vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 45.66% | 37.00% | 34.01% | 50.47% |
SHLD Global X Defense Tech ETF | -1.50% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between CRWD and SHLD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.34 |
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Return for Risk
CRWD vs. SHLD — Risk / Return Rank
CRWD
SHLD
CRWD vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CrowdStrike Holdings, Inc. (CRWD) and Global X Defense Tech ETF (SHLD). 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.
| CRWD | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.09 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 0.52 | +0.61 |
| Martin ratioReturn relative to average drawdown | 2.57 | 1.28 | +1.29 |
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Drawdowns
CRWD vs. SHLD - Drawdown Comparison
The maximum CRWD drawdown since its inception was -67.69%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for CRWD and SHLD.
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Drawdown Indicators
| CRWD | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.69% | -20.10% | -47.59% |
Max Drawdown (1Y)Largest decline over 1 year | -37.18% | -20.10% | -17.08% |
Max Drawdown (3Y)Largest decline over 3 years | -44.44% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -67.69% | — | — |
Current DrawdownCurrent decline from peak | -12.70% | -18.20% | +5.50% |
Average DrawdownAverage peak-to-trough decline | -23.61% | -3.34% | -20.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.29% | 8.12% | +8.17% |
Volatility
CRWD vs. SHLD - Volatility Comparison
CrowdStrike Holdings, Inc. (CRWD) has a higher volatility of 18.47% compared to Global X Defense Tech ETF (SHLD) at 9.05%. This indicates that CRWD's price experiences larger fluctuations and is considered to be riskier than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWD | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.47% | 9.05% | +9.42% |
Volatility (6M)Calculated over the trailing 6-month period | 37.66% | 19.94% | +17.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.48% | 24.55% | +20.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.78% | 21.29% | +29.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.07% | 21.29% | +34.78% |
Dividends
CRWD vs. SHLD - Dividend Comparison
CRWD has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.56%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.56% | 0.55% | 0.53% | 0.26% |
Frequently Asked Questions
CRWD and SHLD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRWD has higher volatility (18.47%) compared to SHLD (9.05%). In terms of maximum drawdown, CRWD dropped -67.69% vs SHLD's -20.10%.
CRWD currently has the higher Sharpe Ratio (0.92 vs 0.43), 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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