CRWD vs. SPGI
CRWD (CrowdStrike Holdings, Inc.) and SPGI (S&P Global Inc.) are both stocks. CRWD operates in Software - Infrastructure (Technology), while SPGI operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, CRWD returned 24.18%/yr vs 2.16%/yr for SPGI. At a 0.34 correlation, their price movements are largely independent.
Performance
CRWD vs. SPGI - 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 SPGI's -19.47% return.
CRWD
- 1D
- -1.26%
- 1M
- 21.37%
- YTD
- 45.66%
- 6M
- 35.27%
- 1Y
- 41.74%
- 3Y*
- 64.60%
- 5Y*
- 24.18%
- 10Y*
- —
SPGI
- 1D
- 1.35%
- 1M
- 3.28%
- YTD
- -19.47%
- 6M
- -16.00%
- 1Y
- -16.50%
- 3Y*
- 3.19%
- 5Y*
- 2.16%
- 10Y*
- 15.70%
CRWD vs. SPGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 45.66% | 37.00% | 34.01% | 142.49% | -48.58% | -3.34% | 324.74% | -21.46% |
SPGI S&P Global Inc. | -19.47% | 5.71% | 13.94% | 32.79% | -28.38% | 44.68% | 21.40% | 23.15% |
Correlation
The correlation between CRWD and SPGI 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 | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 0.34 |
The correlation between CRWD and SPGI shifts across timeframes, from 0.17 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CRWD:
$176.08B
SPGI:
$124.67B
CRWD:
-$0.02
SPGI:
$15.79
CRWD:
34.09
SPGI:
8.06
CRWD:
38.00
SPGI:
3.98
CRWD:
$5.09B
SPGI:
$15.73B
CRWD:
$3.82B
SPGI:
$8.15B
CRWD:
$246.78M
SPGI:
$7.83B
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Return for Risk
CRWD vs. SPGI — Risk / Return Rank
CRWD
SPGI
CRWD vs. SPGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CrowdStrike Holdings, Inc. (CRWD) and S&P Global Inc. (SPGI). 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 | SPGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.91 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | -0.54 | +1.67 |
| Martin ratioReturn relative to average drawdown | 2.57 | -1.03 | +3.60 |
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Drawdowns
CRWD vs. SPGI - Drawdown Comparison
The maximum CRWD drawdown since its inception was -67.69%, smaller than the maximum SPGI drawdown of -74.67%. Use the drawdown chart below to compare losses from any high point for CRWD and SPGI.
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Drawdown Indicators
| CRWD | SPGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.69% | -74.67% | +6.98% |
Max Drawdown (1Y)Largest decline over 1 year | -37.18% | -30.48% | -6.70% |
Max Drawdown (3Y)Largest decline over 3 years | -44.44% | -30.48% | -13.96% |
Max Drawdown (5Y)Largest decline over 5 years | -67.69% | -39.76% | -27.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.76% | — |
Current DrawdownCurrent decline from peak | -12.70% | -25.12% | +12.42% |
Average DrawdownAverage peak-to-trough decline | -23.61% | -15.23% | -8.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.29% | 16.07% | +0.22% |
Volatility
CRWD vs. SPGI - Volatility Comparison
CrowdStrike Holdings, Inc. (CRWD) has a higher volatility of 18.47% compared to S&P Global Inc. (SPGI) at 7.62%. This indicates that CRWD's price experiences larger fluctuations and is considered to be riskier than SPGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWD | SPGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.47% | 7.62% | +10.85% |
Volatility (6M)Calculated over the trailing 6-month period | 37.66% | 24.13% | +13.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.48% | 27.63% | +17.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.78% | 24.51% | +26.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.07% | 26.03% | +30.04% |
Dividends
CRWD vs. SPGI - Dividend Comparison
CRWD has not paid dividends to shareholders, while SPGI's dividend yield for the trailing twelve months is around 0.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPGI S&P Global Inc. | 0.92% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Financials
CRWD vs. SPGI - Financials Comparison
This section allows you to compare key financial metrics between CrowdStrike Holdings, Inc. and S&P Global Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CRWD vs. SPGI - Profitability Comparison
CRWD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported a gross profit of 1.04B and revenue of 1.39B. Therefore, the gross margin over that period was 75.3%.
SPGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. Therefore, the gross margin over that period was 0.0%.
CRWD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported an operating income of -30.60M and revenue of 1.39B, resulting in an operating margin of -2.2%.
SPGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.
CRWD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported a net income of 45.97M and revenue of 1.39B, resulting in a net margin of 3.3%.
SPGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.
Frequently Asked Questions
CRWD and SPGI 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.
CRWD has higher volatility (18.47%) compared to SPGI (7.62%). In terms of maximum drawdown, CRWD dropped -67.69% vs SPGI's -74.67%.
CRWD currently has the higher Sharpe Ratio (0.92 vs -0.60), 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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