CRWV vs. FIG

Last updated Aug 1, 2026

CRWV (CoreWeave, Inc.) and FIG (Figma, Inc) are both stocks. Both are in the Technology sector — CRWV in Software - Infrastructure, FIG in Software - Application. Over the past year, CRWV returned -31.08% vs -80.07% for FIG. Their 0.08 correlation means their historical movements had little consistent relationship.

Performance

CRWV vs. FIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CoreWeave, Inc. (CRWV) and Figma, Inc (FIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRWV achieves a 0.22% return, which is significantly higher than FIG's -34.92% return.

CRWV

• 1D: -2.88%
• 1M: -12.20%
• 6M: -22.99%
• YTD: 0.22%
• 1Y: -31.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 57.56%

FIG

• 1D: 2.36%
• 1M: 13.96%
• 6M: -6.17%
• YTD: -34.92%
• 1Y: -80.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -71.41%

*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)
CRWV CoreWeave, Inc.	$1.96B	$1.98B	$2.88B
FIG Figma, Inc	$427.54M	$501.94M	$462.44M

CRWV vs. FIG - Yearly Performance Comparison

	2026 (YTD)	2025
CRWV CoreWeave, Inc.	0.22%	-30.40%
FIG Figma, Inc	-34.92%	-56.04%

Correlation

The correlation between CRWV and FIG is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.07
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.08

Fundamentals

Market Cap CRWV : $39.16B FIG : $11.86B
EPS CRWV : -$3.27 FIG : -$2.88
PS Ratio CRWV : 5.61 FIG : 10.66
PB Ratio CRWV : 7.95 FIG : 8.74
Total Revenue (TTM) CRWV : $6.23B FIG : $1.16B
Gross Profit (TTM) CRWV : $4.32B FIG : $926.29M
EBITDA (TTM) CRWV : $1.89B FIG : -$1.43B

Return for Risk

CRWV vs. FIG — Risk / Return Rank

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

CRWV

CRWV Risk / Return Rank: 27
CRWV Sharpe Ratio Rank: 27
CRWV Sortino Ratio Rank: 33
CRWV Omega Ratio Rank: 33
CRWV Calmar Ratio Rank: 21
CRWV Martin Ratio Rank: 21

FIG

FIG Risk / Return Rank: 8
FIG Sharpe Ratio Rank: 6
FIG Sortino Ratio Rank: 4
FIG Omega Ratio Rank: 6
FIG Calmar Ratio Rank: 7
FIG Martin Ratio Rank: 19

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.

CRWV vs. FIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and Figma, Inc (FIG). 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	FIG	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	-0.91	+0.53
Sortino ratio: Return per unit of downside risk	0.00	-1.81	+1.81
Omega ratio: Gain probability vs. loss probability	1.00	0.80	+0.20
Calmar ratio: Return relative to maximum drawdown	-0.63	-0.92	+0.29
Martin ratio: Return relative to average drawdown	-1.04	-1.10	+0.07

CRWV vs. FIG - Sharpe Ratio Comparison

The current CRWV Sharpe Ratio is -0.38, which is higher than the FIG Sharpe Ratio of -0.91. The chart below compares the historical Sharpe Ratios of CRWV and FIG, 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

CRWV vs. FIG - Drawdown Comparison

The maximum CRWV drawdown since its inception was -66.87%, smaller than the maximum FIG drawdown of -86.20%. Use the drawdown chart below to compare losses from any high point for CRWV and FIG.

Drawdown Indicators

	CRWV	FIG	Difference
Max Drawdown Largest peak-to-trough decline	-66.87%	-86.20%	+19.33%
Max Drawdown (1Y) Largest decline over 1 year	-59.11%	-86.20%	+27.09%
Current Drawdown Current decline from peak	-60.91%	-80.07%	+19.16%
Average Drawdown Average peak-to-trough decline	-38.69%	-69.85%	+31.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.87%	71.65%	-35.78%

Volatility

CRWV vs. FIG - Volatility Comparison

CoreWeave, Inc. (CRWV) has a higher volatility of 31.84% compared to Figma, Inc (FIG) at 24.31%. This indicates that CRWV's price experiences larger fluctuations and is considered to be riskier than FIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRWV	FIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.84%	24.31%	+7.53%
Volatility (6M) Calculated over the trailing 6-month period	68.91%	59.29%	+9.62%
Volatility (1Y) Calculated over the trailing 1-year period	97.38%	93.89%	+3.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.24%	93.89%	+19.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	113.24%	93.89%	+19.35%

Dividends

CRWV vs. FIG - Dividend Comparison

Neither CRWV nor FIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

CRWV vs. FIG - Profitability Comparison

The chart below illustrates the profitability comparison between CoreWeave, Inc. and Figma, Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

FIG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Figma, Inc reported a gross profit of 264.77M and revenue of 333.44M. Therefore, the gross margin over that period was 79.4%.

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%.

FIG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Figma, Inc reported an operating income of -137.40M and revenue of 333.44M, resulting in an operating margin of -41.2%.

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%.

FIG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Figma, Inc reported a net income of -142.40M and revenue of 333.44M, resulting in a net margin of -42.7%.

Frequently Asked Questions

Can I hold both CRWV and FIG in my portfolio?

CRWV and FIG have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRWV or FIG?

CRWV has higher volatility (31.84%) compared to FIG (24.31%). In terms of maximum drawdown, CRWV dropped -66.87% vs FIG's -86.20%.

Which has better risk-adjusted returns?

CRWV currently has the higher Sharpe Ratio (-0.38 vs -0.91), 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.