CRWV vs. HYDR
CRWV (CoreWeave, Inc.) is a stock, while HYDR (Global X Hydrogen ETF) is Alternative Energy Equities fund tracking the Solactive Global Hydrogen Index - Benchmark TR Net. Over the past year, CRWV returned -40.61% vs 77.56% for HYDR. At a 0.44 correlation, their price movements are largely independent.
Performance
CRWV vs. HYDR - Performance Comparison
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Returns By Period
In the year-to-date period, CRWV achieves a 2.02% return, which is significantly lower than HYDR's 31.47% return.
CRWV
- 1D
- -0.20%
- 1M
- -38.06%
- 6M
- -27.83%
- YTD
- 2.02%
- 1Y
- -40.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 61.39%
HYDR
- 1D
- -2.18%
- 1M
- -26.43%
- 6M
- 8.07%
- YTD
- 31.47%
- 1Y
- 77.56%
- 3Y*
- -5.58%
- 5Y*
- -18.60%
- 10Y*
- —
- ALL TIME*
- -18.57%
CRWV vs. HYDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRWV CoreWeave, Inc. | 2.02% | 83.62% |
HYDR Global X Hydrogen ETF | 31.47% | 81.58% |
Correlation
The correlation between CRWV and HYDR is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | 0.44 |
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Return for Risk
CRWV vs. HYDR — Risk / Return Rank
CRWV
HYDR
CRWV vs. HYDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and Global X Hydrogen ETF (HYDR). 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 | HYDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.24 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 1.81 | -2.53 |
| Martin ratioReturn relative to average drawdown | -1.17 | 4.69 | -5.86 |
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Drawdowns
CRWV vs. HYDR - Drawdown Comparison
The maximum CRWV drawdown since its inception was -64.84%, smaller than the maximum HYDR drawdown of -89.28%. Use the drawdown chart below to compare losses from any high point for CRWV and HYDR.
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Drawdown Indicators
| CRWV | HYDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.84% | -89.28% | +24.44% |
Max Drawdown (1Y)Largest decline over 1 year | -56.61% | -43.02% | -13.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -70.32% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -89.28% | — |
Current DrawdownCurrent decline from peak | -60.20% | -69.81% | +9.61% |
Average DrawdownAverage peak-to-trough decline | -38.10% | -64.14% | +26.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.68% | 16.58% | +18.10% |
Volatility
CRWV vs. HYDR - Volatility Comparison
CoreWeave, Inc. (CRWV) has a higher volatility of 22.14% compared to Global X Hydrogen ETF (HYDR) at 16.40%. This indicates that CRWV's price experiences larger fluctuations and is considered to be riskier than HYDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWV | HYDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.14% | 16.40% | +5.74% |
Volatility (6M)Calculated over the trailing 6-month period | 65.28% | 40.93% | +24.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.87% | 56.80% | +37.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.01% | 47.76% | +64.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.01% | 47.71% | +64.30% |
Dividends
CRWV vs. HYDR - Dividend Comparison
CRWV has not paid dividends to shareholders, while HYDR's dividend yield for the trailing twelve months is around 3.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CRWV CoreWeave, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYDR Global X Hydrogen ETF | 3.18% | 3.82% | 0.40% | 0.00% | 0.00% | 0.06% |
Frequently Asked Questions
CRWV and HYDR have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRWV has higher volatility (22.14%) compared to HYDR (16.40%). In terms of maximum drawdown, CRWV dropped -64.84% vs HYDR's -89.28%.
HYDR currently has the higher Sharpe Ratio (1.38 vs -0.43), 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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