CRWV vs. FDL
CRWV (CoreWeave, Inc.) is a stock, while FDL (First Trust Morningstar Dividend Leaders Index Fund) is Large Cap Value Equities fund tracking the Morningstar Dividend Leaders Index. Over the past year, CRWV returned -13.31% vs 28.21% for FDL. Their -0.04 correlation means they have often moved in opposite directions in the past.
Performance
CRWV vs. FDL - 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 FDL's 19.24% return.
CRWV
- 1D
- 7.16%
- 1M
- 12.42%
- 6M
- 2.04%
- YTD
- 28.33%
- 1Y
- -13.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 88.47%
FDL
- 1D
- 0.52%
- 1M
- 4.21%
- 6M
- 8.54%
- YTD
- 19.24%
- 1Y
- 28.21%
- 3Y*
- 19.23%
- 5Y*
- 14.12%
- 10Y*
- 11.14%
- ALL TIME*
- 8.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
CRWV CoreWeave, Inc. | $2.29B | $2.08B | $2.86B |
| $50.65M | $49.05M | $43.27M |
CRWV vs. FDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRWV CoreWeave, Inc. | 28.33% | 83.62% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 19.24% | 6.71% |
Correlation
The correlation between CRWV and FDL is -0.14, 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. | -0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | -0.04 |
The correlation between CRWV and FDL shifts across timeframes, from -0.14 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CRWV vs. FDL — Risk / Return Rank
CRWV
FDL
CRWV vs. FDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and First Trust Morningstar Dividend Leaders Index Fund (FDL). 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 | FDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.42 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 6.63 | -6.86 |
| Martin ratioReturn relative to average drawdown | -0.37 | 15.64 | -16.01 |
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Drawdowns
CRWV vs. FDL - Drawdown Comparison
The maximum CRWV drawdown since its inception was -66.87%, roughly equal to the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for CRWV and FDL.
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Drawdown Indicators
| CRWV | FDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.87% | -65.93% | -0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -59.11% | -4.27% | -54.84% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.24% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.40% | — |
Current DrawdownCurrent decline from peak | -49.94% | -1.07% | -48.87% |
Average DrawdownAverage peak-to-trough decline | -38.77% | -9.59% | -29.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.04% | 1.81% | +34.23% |
Volatility
CRWV vs. FDL - Volatility Comparison
CoreWeave, Inc. (CRWV) has a higher volatility of 36.81% compared to First Trust Morningstar Dividend Leaders Index Fund (FDL) at 4.55%. This indicates that CRWV's price experiences larger fluctuations and is considered to be riskier than FDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWV | FDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.81% | 4.55% | +32.26% |
Volatility (6M)Calculated over the trailing 6-month period | 71.13% | 8.76% | +62.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 98.56% | 11.87% | +86.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.24% | 14.43% | +99.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.24% | 17.16% | +97.08% |
Dividends
CRWV vs. FDL - Dividend Comparison
CRWV has not paid dividends to shareholders, while FDL's dividend yield for the trailing twelve months is around 3.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRWV CoreWeave, 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% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 3.56% | 4.04% | 4.96% | 4.58% | 3.58% | 4.59% | 4.48% | 3.75% | 3.97% | 3.18% | 2.93% | 3.65% |
Frequently Asked Questions
CRWV and FDL have a correlation of -0.14, 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 FDL (4.55%). In terms of maximum drawdown, CRWV dropped -66.87% vs FDL's -65.93%.
FDL currently has the higher Sharpe Ratio (2.39 vs -0.14), 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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