CRWV vs. CRCL
CRWV (CoreWeave, Inc.) and CRCL (Circle Internet Group, Inc.) are both stocks. CRWV operates in Software - Infrastructure (Technology), while CRCL operates in Capital Markets (Financial Services). Over the past year, CRWV returned -13.31% vs -61.62% for CRCL. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
CRWV vs. CRCL - Performance Comparison
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Returns By Period
In the year-to-date period, CRWV achieves a 28.33% return, which is significantly higher than CRCL's -20.24% return.
CRWV
- 1D
- 7.16%
- 1M
- 12.42%
- 6M
- 2.04%
- YTD
- 28.33%
- 1Y
- -13.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 88.47%
CRCL
- 1D
- 4.81%
- 1M
- -2.12%
- 6M
- 12.62%
- YTD
- -20.24%
- 1Y
- -61.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -7.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $658.62M | $799.48M | $1.27B | |
CRWV CoreWeave, Inc. | $2.29B | $2.08B | $2.86B |
CRWV vs. CRCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRWV CoreWeave, Inc. | 28.33% | -56.09% |
CRCL Circle Internet Group, Inc. | -20.24% | 14.93% |
Correlation
The correlation between CRWV and CRCL is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025 | 0.37 |
Fundamentals
CRWV:
$50.14B
CRCL:
$16.91B
CRWV:
-$3.27
CRCL:
-$0.50
CRWV:
7.19
CRCL:
3.51
CRWV:
$6.23B
CRCL:
$2.86B
CRWV:
$4.32B
CRCL:
$57.27M
CRWV:
$1.89B
CRCL:
-$129.43M
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Return for Risk
CRWV vs. CRCL — Risk / Return Rank
CRWV
CRCL
CRWV vs. CRCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and Circle Internet Group, Inc. (CRCL). 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 | CRCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.91 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.89 | +0.67 |
| Martin ratioReturn relative to average drawdown | -0.37 | -1.43 | +1.06 |
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Drawdowns
CRWV vs. CRCL - Drawdown Comparison
The maximum CRWV drawdown since its inception was -66.87%, smaller than the maximum CRCL drawdown of -80.93%. Use the drawdown chart below to compare losses from any high point for CRWV and CRCL.
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Drawdown Indicators
| CRWV | CRCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.87% | -80.93% | +14.06% |
Max Drawdown (1Y)Largest decline over 1 year | -59.11% | -69.22% | +10.11% |
Current DrawdownCurrent decline from peak | -49.94% | -75.99% | +26.05% |
Average DrawdownAverage peak-to-trough decline | -38.77% | -56.33% | +17.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.04% | 43.51% | -7.47% |
Volatility
CRWV vs. CRCL - Volatility Comparison
CoreWeave, Inc. (CRWV) has a higher volatility of 36.81% compared to Circle Internet Group, Inc. (CRCL) at 22.76%. This indicates that CRWV's price experiences larger fluctuations and is considered to be riskier than CRCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWV | CRCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.81% | 22.76% | +14.05% |
Volatility (6M)Calculated over the trailing 6-month period | 71.13% | 75.07% | -3.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 98.56% | 96.94% | +1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.24% | 114.41% | -0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.24% | 114.41% | -0.17% |
Dividends
CRWV vs. CRCL - Dividend Comparison
Neither CRWV nor CRCL has paid dividends to shareholders.
Financials
CRWV vs. CRCL - Financials Comparison
This section allows you to compare key financial metrics between CoreWeave, Inc. and Circle Internet Group, 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
CRWV vs. CRCL - Profitability Comparison
CRWV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
CRCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Circle Internet Group, Inc. reported a gross profit of 0.00 and revenue of 694.13M. Therefore, the gross margin over that period was 0.0%.
CRWV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CoreWeave, Inc. reported an operating income of -144.00M and revenue of 2.08B, resulting in an operating margin of -6.9%.
CRCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Circle Internet Group, Inc. reported an operating income of 45.00M and revenue of 694.13M, resulting in an operating margin of 6.5%.
CRWV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CoreWeave, Inc. reported a net income of -740.00M and revenue of 2.08B, resulting in a net margin of -35.6%.
CRCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Circle Internet Group, Inc. reported a net income of 55.25M and revenue of 694.13M, resulting in a net margin of 8.0%.
Frequently Asked Questions
CRWV and CRCL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRWV has higher volatility (36.81%) compared to CRCL (22.76%). In terms of maximum drawdown, CRWV dropped -66.87% vs CRCL's -80.93%.
CRWV currently has the higher Sharpe Ratio (-0.14 vs -0.64), 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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