CRWV vs. TEM

Last updated Jun 23, 2026

CRWV (CoreWeave, Inc.) and TEM (Tempus AI, Inc) are both stocks. CRWV operates in Software - Infrastructure (Technology), while TEM operates in Health Information Services (Healthcare). Over the past year, CRWV returned -39.38% vs -29.95% for TEM. At a 0.36 correlation, their price movements are largely independent.

Performance

CRWV vs. TEM - Performance Comparison

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

Returns By Period

In the year-to-date period, CRWV achieves a 55.41% return, which is significantly higher than TEM's -18.97% return.

CRWV

• 1D: -5.65%
• 1M: 5.50%
• YTD: 55.41%
• 6M: 31.19%
• 1Y: -39.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TEM

• 1D: -5.88%
• 1M: 3.62%
• YTD: -18.97%
• 6M: -27.41%
• 1Y: -29.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRWV vs. TEM - Yearly Performance Comparison

	2026 (YTD)	2025
CRWV CoreWeave, Inc.	55.41%	83.62%
TEM Tempus AI, Inc	-18.97%	13.62%

Correlation

The correlation between CRWV and TEM is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	0.36

Fundamentals

Market Cap CRWV : $58.65B TEM : $8.56B
EPS CRWV : -$3.27 TEM : -$1.73
PS Ratio CRWV : 8.70 TEM : 6.15
PB Ratio CRWV : 12.32 TEM : 20.57
Total Revenue (TTM) CRWV : $6.23B TEM : $1.36B
Gross Profit (TTM) CRWV : $4.32B TEM : $977.64M
EBITDA (TTM) CRWV : $1.89B TEM : -$233.09M

Return for Risk

CRWV vs. TEM — Risk / Return Rank

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

CRWV

CRWV Risk / Return Rank: 25
CRWV Sharpe Ratio Rank: 24
CRWV Sortino Ratio Rank: 29
CRWV Omega Ratio Rank: 30
CRWV Calmar Ratio Rank: 19
CRWV Martin Ratio Rank: 23

TEM

TEM Risk / Return Rank: 24
TEM Sharpe Ratio Rank: 22
TEM Sortino Ratio Rank: 24
TEM Omega Ratio Rank: 25
TEM Calmar Ratio Rank: 24
TEM Martin Ratio Rank: 26

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. TEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and Tempus AI, Inc (TEM). 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	TEM	Difference
Sharpe ratio: Return per unit of total volatility	-0.42	-0.46	+0.04
Sortino ratio: Return per unit of downside risk	-0.09	-0.34	+0.24
Omega ratio: Gain probability vs. loss probability	0.99	0.96	+0.03
Calmar ratio: Return relative to maximum drawdown	-0.63	-0.51	-0.12
Martin ratio: Return relative to average drawdown	-0.95	-0.83	-0.12

CRWV vs. TEM - Sharpe Ratio Comparison

The current CRWV Sharpe Ratio is -0.42, which is comparable to the TEM Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of CRWV and TEM, 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. TEM - Drawdown Comparison

The maximum CRWV drawdown since its inception was -64.84%, which is greater than TEM's maximum drawdown of -58.99%. Use the drawdown chart below to compare losses from any high point for CRWV and TEM.

Drawdown Indicators

	CRWV	TEM	Difference
Max Drawdown Largest peak-to-trough decline	-64.84%	-58.99%	-5.85%
Max Drawdown (1Y) Largest decline over 1 year	-62.83%	-58.96%	-3.87%
Current Drawdown Current decline from peak	-39.38%	-53.66%	+14.28%
Average Drawdown Average peak-to-trough decline	-37.23%	-32.18%	-5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.45%	36.16%	+8.29%

Volatility

CRWV vs. TEM - Volatility Comparison

CoreWeave, Inc. (CRWV) and Tempus AI, Inc (TEM) have volatilities of 24.45% and 24.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRWV	TEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.45%	24.67%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	67.33%	47.02%	+20.31%
Volatility (1Y) Calculated over the trailing 1-year period	94.37%	65.42%	+28.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.49%	98.23%	+15.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	113.49%	98.23%	+15.26%

Dividends

CRWV vs. TEM - Dividend Comparison

Neither CRWV nor TEM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

CRWV vs. TEM - Profitability Comparison

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

TEM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tempus AI, Inc reported a gross profit of 247.16M and revenue of 348.12M. Therefore, the gross margin over that period was 71.0%.

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%.

TEM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tempus AI, Inc reported an operating income of -84.71M and revenue of 348.12M, resulting in an operating margin of -24.3%.

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%.

TEM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tempus AI, Inc reported a net income of -125.92M and revenue of 348.12M, resulting in a net margin of -36.2%.

Frequently Asked Questions

Can I hold both CRWV and TEM in my portfolio?

CRWV and TEM have a correlation of 0.34, 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 TEM?

TEM has higher volatility (24.67%) compared to CRWV (24.45%). In terms of maximum drawdown, CRWV dropped -64.84% vs TEM's -58.99%.

Which has better risk-adjusted returns?

CRWV currently has the higher Sharpe Ratio (-0.42 vs -0.46), 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.