CRWV vs. PEP
CRWV (CoreWeave, Inc.) and PEP (PepsiCo, Inc.) are both stocks. CRWV operates in Software - Infrastructure (Technology), while PEP operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past year, CRWV returned -32.50% vs 13.36% for PEP. At a correlation of -0.09, they often move in opposite directions.
Performance
CRWV vs. PEP - Performance Comparison
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Returns By Period
In the year-to-date period, CRWV achieves a 40.41% return, which is significantly higher than PEP's 2.49% return.
CRWV
- 1D
- 5.02%
- 1M
- -9.67%
- YTD
- 40.41%
- 6M
- 27.94%
- 1Y
- -32.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PEP
- 1D
- 0.38%
- 1M
- -2.33%
- YTD
- 2.49%
- 6M
- -2.36%
- 1Y
- 13.36%
- 3Y*
- -4.09%
- 5Y*
- 2.73%
- 10Y*
- 6.62%
CRWV vs. PEP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRWV CoreWeave, Inc. | 40.41% | 83.62% |
PEP PepsiCo, Inc. | 2.49% | -1.15% |
Correlation
The correlation between CRWV and PEP is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | -0.09 |
Fundamentals
CRWV:
$52.99B
PEP:
$197.79B
CRWV:
-$3.27
PEP:
$6.37
CRWV:
7.86
PEP:
2.07
CRWV:
11.13
PEP:
9.25
CRWV:
$6.23B
PEP:
$95.45B
CRWV:
$4.32B
PEP:
$51.60B
CRWV:
$1.89B
PEP:
$15.08B
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Return for Risk
CRWV vs. PEP — Risk / Return Rank
CRWV
PEP
CRWV vs. PEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and PepsiCo, Inc. (PEP). 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 | PEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.12 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 0.83 | -1.33 |
| Martin ratioReturn relative to average drawdown | -0.74 | 2.11 | -2.84 |
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Drawdowns
CRWV vs. PEP - Drawdown Comparison
The maximum CRWV drawdown since its inception was -64.84%, smaller than the maximum PEP drawdown of -73.92%. Use the drawdown chart below to compare losses from any high point for CRWV and PEP.
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Drawdown Indicators
| CRWV | PEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.84% | -73.92% | +9.08% |
Max Drawdown (1Y)Largest decline over 1 year | -64.84% | -16.25% | -48.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.17% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.32% | — |
Current DrawdownCurrent decline from peak | -45.23% | -17.75% | -27.48% |
Average DrawdownAverage peak-to-trough decline | -37.21% | -13.65% | -23.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.12% | 6.37% | +37.75% |
Volatility
CRWV vs. PEP - Volatility Comparison
CoreWeave, Inc. (CRWV) has a higher volatility of 22.46% compared to PepsiCo, Inc. (PEP) at 5.39%. This indicates that CRWV's price experiences larger fluctuations and is considered to be riskier than PEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWV | PEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.46% | 5.39% | +17.07% |
Volatility (6M)Calculated over the trailing 6-month period | 68.17% | 14.62% | +53.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.32% | 21.71% | +72.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 113.84% | 18.39% | +95.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 113.84% | 19.67% | +94.17% |
Dividends
CRWV vs. PEP - Dividend Comparison
CRWV has not paid dividends to shareholders, while PEP's dividend yield for the trailing twelve months is around 3.98%.
| 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% |
PEP PepsiCo, Inc. | 3.98% | 3.92% | 3.51% | 2.91% | 2.50% | 2.45% | 2.71% | 2.77% | 3.25% | 2.64% | 2.83% | 2.76% |
Financials
CRWV vs. PEP - Financials Comparison
This section allows you to compare key financial metrics between CoreWeave, Inc. and PepsiCo, 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. PEP - 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%.
PEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a gross profit of 10.73B and revenue of 19.44B. Therefore, the gross margin over that period was 55.2%.
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%.
PEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported an operating income of 3.21B and revenue of 19.44B, resulting in an operating margin of 16.5%.
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%.
PEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a net income of 2.34B and revenue of 19.44B, resulting in a net margin of 12.0%.
Frequently Asked Questions
CRWV and PEP 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 (22.46%) compared to PEP (5.39%). In terms of maximum drawdown, CRWV dropped -64.84% vs PEP's -73.92%.
PEP currently has the higher Sharpe Ratio (0.62 vs -0.35), 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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