CRWV vs. SNPS

Last updated Jun 13, 2026

CRWV (CoreWeave, Inc.) and SNPS (Synopsys, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past year, CRWV returned -32.50% vs -8.30% for SNPS. At a 0.33 correlation, their price movements are largely independent.

Performance

CRWV vs. SNPS - Performance Comparison

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

Returns By Period

In the year-to-date period, CRWV achieves a 40.41% return, which is significantly higher than SNPS's -3.37% return.

CRWV

• 1D: 5.02%
• 1M: -9.67%
• YTD: 40.41%
• 6M: 27.94%
• 1Y: -32.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNPS

• 1D: -0.53%
• 1M: -10.88%
• YTD: -3.37%
• 6M: 0.21%
• 1Y: -8.30%
• 3Y*: 0.29%
• 5Y*: 11.53%
• 10Y*: 24.15%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRWV vs. SNPS - Yearly Performance Comparison

	2026 (YTD)	2025
CRWV CoreWeave, Inc.	40.41%	83.62%
SNPS Synopsys, Inc.	-3.37%	5.26%

Correlation

The correlation between CRWV and SNPS is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	0.33

Fundamentals

Market Cap CRWV : $52.99B SNPS : $86.96B
EPS CRWV : -$3.27 SNPS : $4.57
PS Ratio CRWV : 7.86 SNPS : 8.85
PB Ratio CRWV : 11.13 SNPS : 2.85
Total Revenue (TTM) CRWV : $6.23B SNPS : $8.68B
Gross Profit (TTM) CRWV : $4.32B SNPS : $6.38B
EBITDA (TTM) CRWV : $1.89B SNPS : $2.22B

Return for Risk

CRWV vs. SNPS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRWV

CRWV Risk / Return Rank: 30
CRWV Sharpe Ratio Rank: 28
CRWV Sortino Ratio Rank: 34
CRWV Omega Ratio Rank: 33
CRWV Calmar Ratio Rank: 25
CRWV Martin Ratio Rank: 29

SNPS

SNPS Risk / Return Rank: 37
SNPS Sharpe Ratio Rank: 37
SNPS Sortino Ratio Rank: 37
SNPS Omega Ratio Rank: 39
SNPS Calmar Ratio Rank: 37
SNPS Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRWV vs. SNPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and Synopsys, Inc. (SNPS). 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	SNPS	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	-0.15	-0.20
Sortino ratio: Return per unit of downside risk	0.08	0.20	-0.13
Omega ratio: Gain probability vs. loss probability	1.01	1.04	-0.03
Calmar ratio: Return relative to maximum drawdown	-0.50	-0.20	-0.30
Martin ratio: Return relative to average drawdown	-0.74	-0.32	-0.42

CRWV vs. SNPS - Sharpe Ratio Comparison

The current CRWV Sharpe Ratio is -0.35, which is lower than the SNPS Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of CRWV and SNPS, 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. SNPS - Drawdown Comparison

The maximum CRWV drawdown since its inception was -64.84%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for CRWV and SNPS.

Drawdown Indicators

	CRWV	SNPS	Difference
Max Drawdown Largest peak-to-trough decline	-64.84%	-60.95%	-3.89%
Max Drawdown (1Y) Largest decline over 1 year	-64.84%	-41.04%	-23.80%
Max Drawdown (3Y) Largest decline over 3 years	—	-41.04%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.04%	—
Current Drawdown Current decline from peak	-45.23%	-29.67%	-15.56%
Average Drawdown Average peak-to-trough decline	-37.21%	-20.29%	-16.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.12%	26.17%	+17.95%

Volatility

CRWV vs. SNPS - Volatility Comparison

CoreWeave, Inc. (CRWV) has a higher volatility of 22.46% compared to Synopsys, Inc. (SNPS) at 13.66%. This indicates that CRWV's price experiences larger fluctuations and is considered to be riskier than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRWV	SNPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.46%	13.66%	+8.80%
Volatility (6M) Calculated over the trailing 6-month period	68.17%	30.93%	+37.24%
Volatility (1Y) Calculated over the trailing 1-year period	94.32%	56.65%	+37.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.84%	40.80%	+73.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	113.84%	35.08%	+78.76%

Dividends

CRWV vs. SNPS - Dividend Comparison

Neither CRWV nor SNPS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

CRWV vs. SNPS - Profitability Comparison

The chart below illustrates the profitability comparison between CoreWeave, Inc. and Synopsys, 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 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%.

SNPS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported a gross profit of 1.65B and revenue of 2.28B. Therefore, the gross margin over that period was 72.3%.

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%.

SNPS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported an operating income of 120.43M and revenue of 2.28B, resulting in an operating margin of 5.3%.

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%.

SNPS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported a net income of 16.87M and revenue of 2.28B, resulting in a net margin of 0.7%.

Frequently Asked Questions

Can I hold both CRWV and SNPS in my portfolio?

CRWV and SNPS have a correlation of 0.29, 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 SNPS?

CRWV has higher volatility (22.46%) compared to SNPS (13.66%). In terms of maximum drawdown, CRWV dropped -64.84% vs SNPS's -60.95%.

Which has better risk-adjusted returns?

SNPS currently has the higher Sharpe Ratio (-0.15 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.