CRWD vs. WDAY
CRWD (CrowdStrike Holdings, Inc.) and WDAY (Workday, Inc.) are both stocks. Both are in the Technology sector — CRWD in Software - Infrastructure, WDAY in Software - Application. Over the past 5 years, CRWD returned 24.66%/yr vs -7.31%/yr for WDAY. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
CRWD vs. WDAY - Performance Comparison
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Returns By Period
In the year-to-date period, CRWD achieves a 62.86% return, which is significantly higher than WDAY's -25.35% return.
CRWD
- 1D
- 3.05%
- 1M
- -1.20%
- 6M
- 72.96%
- YTD
- 62.86%
- 1Y
- 67.95%
- 3Y*
- 66.31%
- 5Y*
- 24.66%
- 10Y*
- —
- ALL TIME*
- 41.70%
WDAY
- 1D
- 1.41%
- 1M
- 23.08%
- 6M
- -8.71%
- YTD
- -25.35%
- 1Y
- -30.10%
- 3Y*
- -12.56%
- 5Y*
- -7.31%
- 10Y*
- 7.15%
- ALL TIME*
- 9.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.40B | $1.60B | $2.05B | |
WDAY Workday, Inc. | $770.79M | $685.96M | $691.12M |
CRWD vs. WDAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 62.86% | 37.00% | 34.01% | 142.49% | -48.58% | -3.34% | 324.74% | -21.46% |
WDAY Workday, Inc. | -25.35% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | -20.08% |
Correlation
The correlation between CRWD and WDAY is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 0.51 |
The correlation between CRWD and WDAY shifts across timeframes, from 0.32 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CRWD:
$194.34B
WDAY:
$42.00B
CRWD:
-$0.02
WDAY:
$3.23
CRWD:
9.58
WDAY:
4.27
CRWD:
10.62
WDAY:
6.10
CRWD:
$5.09B
WDAY:
$9.85B
CRWD:
$3.82B
WDAY:
$7.66B
CRWD:
$246.78M
WDAY:
$1.57B
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Return for Risk
CRWD vs. WDAY — Risk / Return Rank
CRWD
WDAY
CRWD vs. WDAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CrowdStrike Holdings, Inc. (CRWD) and Workday, Inc. (WDAY). 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 | WDAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.92 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.55 | +2.39 |
| Martin ratioReturn relative to average drawdown | 4.40 | -0.90 | +5.30 |
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Drawdowns
CRWD vs. WDAY - Drawdown Comparison
The maximum CRWD drawdown since its inception was -67.69%, which is greater than WDAY's maximum drawdown of -63.38%. Use the drawdown chart below to compare losses from any high point for CRWD and WDAY.
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Drawdown Indicators
| CRWD | WDAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.69% | -63.38% | -4.31% |
Max Drawdown (1Y)Largest decline over 1 year | -37.18% | -54.58% | +17.40% |
Max Drawdown (3Y)Largest decline over 3 years | -44.44% | -63.38% | +18.94% |
Max Drawdown (5Y)Largest decline over 5 years | -67.69% | -63.38% | -4.31% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.38% | — |
Current DrawdownCurrent decline from peak | -9.43% | -47.81% | +38.38% |
Average DrawdownAverage peak-to-trough decline | -23.33% | -21.29% | -2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.49% | 33.34% | -17.85% |
Volatility
CRWD vs. WDAY - Volatility Comparison
The current volatility for CrowdStrike Holdings, Inc. (CRWD) is 16.39%, while Workday, Inc. (WDAY) has a volatility of 19.91%. This indicates that CRWD experiences smaller price fluctuations and is considered to be less risky than WDAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWD | WDAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.39% | 19.91% | -3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 39.70% | 43.24% | -3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.78% | 49.57% | -1.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.09% | 40.40% | +10.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.97% | 39.45% | +16.52% |
Dividends
CRWD vs. WDAY - Dividend Comparison
Neither CRWD nor WDAY has paid dividends to shareholders.
Financials
CRWD vs. WDAY - Financials Comparison
This section allows you to compare key financial metrics between CrowdStrike Holdings, Inc. and Workday, 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. WDAY - Profitability Comparison
CRWD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a gross profit of 2.13B and revenue of 2.54B. Therefore, the gross margin over that period was 83.8%.
CRWD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CrowdStrike Holdings, Inc. reported an operating income of -30.60M and revenue of 1.39B, resulting in an operating margin of -2.2%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
CRWD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CrowdStrike Holdings, Inc. reported a net income of 45.97M and revenue of 1.39B, resulting in a net margin of 3.3%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
Frequently Asked Questions
CRWD and WDAY have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.91%) compared to CRWD (16.39%). In terms of maximum drawdown, CRWD dropped -67.69% vs WDAY's -63.38%.
CRWD currently has the higher Sharpe Ratio (1.43 vs -0.61), 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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