CRWV vs. BTDR
CRWV (CoreWeave, Inc.) and BTDR (Bitdeer Technologies Group Class A Ordinary Shares) are both stocks. Both are in the Technology sector — CRWV in Software - Infrastructure, BTDR in Software - Application. Over the past year, CRWV returned -26.16% vs 34.59% for BTDR. At a 0.43 correlation, their price movements are largely independent.
Performance
CRWV vs. BTDR - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with CRWV having a 63.43% return and BTDR slightly lower at 62.80%.
CRWV
- 1D
- 9.67%
- 1M
- 9.07%
- YTD
- 63.43%
- 6M
- 68.39%
- 1Y
- -26.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTDR
- 1D
- -0.38%
- 1M
- 36.70%
- YTD
- 62.80%
- 6M
- 82.32%
- 1Y
- 34.59%
- 3Y*
- 16.95%
- 5Y*
- —
- 10Y*
- —
CRWV vs. BTDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRWV CoreWeave, Inc. | 63.43% | 83.62% |
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 62.80% | 13.00% |
Correlation
The correlation between CRWV and BTDR is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | 0.43 |
Fundamentals
CRWV:
$61.67B
BTDR:
$4.26B
CRWV:
-$3.27
BTDR:
-$2.23
CRWV:
9.15
BTDR:
5.58
CRWV:
12.96
BTDR:
5.83
CRWV:
$6.23B
BTDR:
$739.06M
CRWV:
$4.32B
BTDR:
$25.18M
CRWV:
$1.89B
BTDR:
$59.65M
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Return for Risk
CRWV vs. BTDR — Risk / Return Rank
CRWV
BTDR
CRWV vs. BTDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and Bitdeer Technologies Group Class A Ordinary Shares (BTDR). 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.
| CRWV | BTDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.14 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 0.48 | -0.89 |
| Martin ratioReturn relative to average drawdown | -0.59 | 0.81 | -1.40 |
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Drawdowns
CRWV vs. BTDR - Drawdown Comparison
The maximum CRWV drawdown since its inception was -64.84%, smaller than the maximum BTDR drawdown of -79.52%. Use the drawdown chart below to compare losses from any high point for CRWV and BTDR.
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Drawdown Indicators
| CRWV | BTDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.84% | -79.52% | +14.68% |
Max Drawdown (1Y)Largest decline over 1 year | -64.84% | -71.89% | +7.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -79.52% | — |
Current DrawdownCurrent decline from peak | -36.25% | -30.08% | -6.17% |
Average DrawdownAverage peak-to-trough decline | -37.23% | -43.58% | +6.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.26% | 42.94% | +1.32% |
Volatility
CRWV vs. BTDR - Volatility Comparison
The current volatility for CoreWeave, Inc. (CRWV) is 24.18%, while Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a volatility of 29.93%. This indicates that CRWV experiences smaller price fluctuations and is considered to be less risky than BTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWV | BTDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.18% | 29.93% | -5.75% |
Volatility (6M)Calculated over the trailing 6-month period | 68.14% | 68.65% | -0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.00% | 100.77% | -5.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 113.88% | 123.16% | -9.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 113.88% | 123.16% | -9.28% |
Dividends
CRWV vs. BTDR - Dividend Comparison
Neither CRWV nor BTDR has paid dividends to shareholders.
Financials
CRWV vs. BTDR - Financials Comparison
This section allows you to compare key financial metrics between CoreWeave, Inc. and Bitdeer Technologies Group Class A Ordinary Shares. 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
CRWV vs. BTDR - Profitability Comparison
CRWV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CoreWeave, Inc. reported a gross profit of 1.36B and revenue of 2.08B. Therefore, the gross margin over that period was 65.5%.
BTDR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported a gross profit of -39.04M and revenue of 188.93M. Therefore, the gross margin over that period was -20.7%.
CRWV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CoreWeave, Inc. reported an operating income of -144.00M and revenue of 2.08B, resulting in an operating margin of -6.9%.
BTDR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported an operating income of -86.73M and revenue of 188.93M, resulting in an operating margin of -45.9%.
CRWV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CoreWeave, Inc. reported a net income of -740.00M and revenue of 2.08B, resulting in a net margin of -35.6%.
BTDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported a net income of -159.53M and revenue of 188.93M, resulting in a net margin of -84.4%.
Frequently Asked Questions
CRWV and BTDR have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTDR has higher volatility (29.93%) compared to CRWV (24.18%). In terms of maximum drawdown, CRWV dropped -64.84% vs BTDR's -79.52%.
BTDR currently has the higher Sharpe Ratio (0.35 vs -0.28), 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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