CRWD vs. SPHD

Last updated Aug 4, 2026

CRWD (CrowdStrike Holdings, Inc.) is a stock, while SPHD (Invesco S&P 500® High Dividend Low Volatility ETF) is Dividend fund tracking the S&P 500 Low Volatility High Dividend Index. Over the past 5 years, CRWD returned 25.12%/yr vs 8.21%/yr for SPHD. Their 0.07 correlation means their historical movements had little consistent relationship.

Performance

CRWD vs. SPHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CrowdStrike Holdings, Inc. (CRWD) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRWD achieves a 72.83% return, which is significantly higher than SPHD's 12.76% return.

CRWD

• 1D: 6.12%
• 1M: 4.41%
• 6M: 84.61%
• YTD: 72.83%
• 1Y: 81.38%
• 3Y*: 75.26%
• 5Y*: 25.12%
• 10Y*: —
• ALL TIME*: 42.83%

SPHD

• 1D: 0.42%
• 1M: 1.31%
• 6M: 7.84%
• YTD: 12.76%
• 1Y: 15.99%
• 3Y*: 12.75%
• 5Y*: 8.21%
• 10Y*: 7.28%
• ALL TIME*: 9.85%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CRWD CrowdStrike Holdings, Inc.	$1.47B	$1.61B	$2.09B
SPHD Invesco S&P 500® High Dividend Low Volatility ETF	$46.06M	$45.99M	$42.71M

CRWD vs. SPHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CRWD CrowdStrike Holdings, Inc.	72.83%	37.00%	34.01%	142.49%	-48.58%	-3.34%	324.74%	-21.46%
SPHD Invesco S&P 500® High Dividend Low Volatility ETF	12.76%	3.41%	18.08%	1.32%	0.58%	24.98%	-9.98%	8.65%

Correlation

The correlation between CRWD and SPHD is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.13
Correlation (3Y) Balances recent behavior with more history.	-0.01
Correlation (5Y) Shows whether the relationship held over a longer period.	0.10
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019	0.07

The correlation between CRWD and SPHD shifts across timeframes, from -0.13 (1 year) to 0.10 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CRWD vs. SPHD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CRWD

CRWD Risk / Return Rank: 83
CRWD Sharpe Ratio Rank: 88
CRWD Sortino Ratio Rank: 84
CRWD Omega Ratio Rank: 83
CRWD Calmar Ratio Rank: 81
CRWD Martin Ratio Rank: 80

SPHD

SPHD Risk / Return Rank: 55
SPHD Sharpe Ratio Rank: 56
SPHD Sortino Ratio Rank: 60
SPHD Omega Ratio Rank: 50
SPHD Calmar Ratio Rank: 61
SPHD Martin Ratio Rank: 47

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CRWD vs. SPHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CrowdStrike Holdings, Inc. (CRWD) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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	SPHD	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.36	+0.34
Sortino ratio: Return per unit of downside risk	2.31	2.06	+0.25
Omega ratio: Gain probability vs. loss probability	1.29	1.23	+0.06
Calmar ratio: Return relative to maximum drawdown	2.20	2.19	+0.01
Martin ratio: Return relative to average drawdown	5.27	5.46	-0.19

CRWD vs. SPHD - Sharpe Ratio Comparison

The current CRWD Sharpe Ratio is 1.70, which is comparable to the SPHD Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of CRWD and SPHD, 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

CRWD vs. SPHD - Drawdown Comparison

The maximum CRWD drawdown since its inception was -67.69%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for CRWD and SPHD.

Drawdown Indicators

	CRWD	SPHD	Difference
Max Drawdown Largest peak-to-trough decline	-67.69%	-41.39%	-26.30%
Max Drawdown (1Y) Largest decline over 1 year	-37.18%	-7.33%	-29.85%
Max Drawdown (3Y) Largest decline over 3 years	-44.44%	-13.29%	-31.15%
Max Drawdown (5Y) Largest decline over 5 years	-67.69%	-19.50%	-48.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.39%	—
Current Drawdown Current decline from peak	-3.89%	-1.83%	-2.06%
Average Drawdown Average peak-to-trough decline	-23.32%	-4.66%	-18.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.50%	2.94%	+12.56%

Volatility

CRWD vs. SPHD - Volatility Comparison

CrowdStrike Holdings, Inc. (CRWD) has a higher volatility of 17.45% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 4.36%. This indicates that CRWD's price experiences larger fluctuations and is considered to be riskier than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRWD	SPHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.45%	4.36%	+13.09%
Volatility (6M) Calculated over the trailing 6-month period	40.07%	9.03%	+31.04%
Volatility (1Y) Calculated over the trailing 1-year period	48.15%	11.80%	+36.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.19%	14.24%	+36.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.00%	17.67%	+38.33%

Dividends

CRWD vs. SPHD - Dividend Comparison

CRWD has not paid dividends to shareholders, while SPHD's dividend yield for the trailing twelve months is around 4.54%.

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%
SPHD Invesco S&P 500® High Dividend Low Volatility ETF	4.54%	4.02%	3.41%	4.48%	3.89%	3.45%	4.89%	4.07%	4.40%	3.14%	3.83%	3.49%

Frequently Asked Questions

Can I hold both CRWD and SPHD in my portfolio?

CRWD and SPHD have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRWD or SPHD?

CRWD has higher volatility (17.45%) compared to SPHD (4.36%). In terms of maximum drawdown, CRWD dropped -67.69% vs SPHD's -41.39%.

Which has better risk-adjusted returns?

CRWD currently has the higher Sharpe Ratio (1.70 vs 1.36), 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.