CSCA.L vs. CRDO
CSCA.L (iShares MSCI Canada UCITS ETF (USD Accumulating)) is Canada Equities fund tracking the MSCI Canada Index, while CRDO (Credo Technology Group Holding Ltd) is a stock. Over the past 3 years, CSCA.L returned 18.57%/yr vs 136.18%/yr for CRDO. At a 0.21 correlation, their price movements are largely independent.
Performance
CSCA.L vs. CRDO - Performance Comparison
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Different Trading Currencies
CSCA.L is traded in GBp, while CRDO is traded in USD. To make them comparable, the CRDO values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CSCA.L achieves a 9.75% return, which is significantly lower than CRDO's 56.62% return.
CSCA.L
- 1D
- 0.06%
- 1M
- 0.95%
- 6M
- 7.73%
- YTD
- 9.75%
- 1Y
- 28.15%
- 3Y*
- 18.57%
- 5Y*
- 12.63%
- 10Y*
- 10.67%
- ALL TIME*
- 5.02%
CRDO
- 1D
- 5.88%
- 1M
- -18.72%
- 6M
- 46.73%
- YTD
- 56.62%
- 1Y
- 135.71%
- 3Y*
- 136.18%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 91.82%
CSCA.L vs. CRDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CSCA.L iShares MSCI Canada UCITS ETF (USD Accumulating) | 9.75% | 27.37% | 14.01% | 7.76% | -1.11% |
CRDO Credo Technology Group Holding Ltd | 56.62% | 98.84% | 251.23% | 38.97% | 21.69% |
Correlation
The correlation between CSCA.L and CRDO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.21 |
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Return for Risk
CSCA.L vs. CRDO — Risk / Return Rank
CSCA.L
CRDO
CSCA.L vs. CRDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Canada UCITS ETF (USD Accumulating) (CSCA.L) and Credo Technology Group Holding Ltd (CRDO). 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.
| CSCA.L | CRDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.25 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 2.55 | +1.44 |
| Martin ratioReturn relative to average drawdown | 15.87 | 5.82 | +10.05 |
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Drawdowns
CSCA.L vs. CRDO - Drawdown Comparison
The maximum CSCA.L drawdown since its inception was -51.79%, smaller than the maximum CRDO drawdown of -63.24%. Use the drawdown chart below to compare losses from any high point for CSCA.L and CRDO.
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Drawdown Indicators
| CSCA.L | CRDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.79% | -63.24% | +11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -7.01% | -53.47% | +46.46% |
Max Drawdown (3Y)Largest decline over 3 years | -20.19% | -62.79% | +42.60% |
Max Drawdown (5Y)Largest decline over 5 years | -20.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.68% | — | — |
Current DrawdownCurrent decline from peak | -0.53% | -26.71% | +26.18% |
Average DrawdownAverage peak-to-trough decline | -19.06% | -18.97% | -0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 23.42% | -21.65% |
Volatility
CSCA.L vs. CRDO - Volatility Comparison
The current volatility for iShares MSCI Canada UCITS ETF (USD Accumulating) (CSCA.L) is 3.10%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 30.98%. This indicates that CSCA.L experiences smaller price fluctuations and is considered to be less risky than CRDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSCA.L | CRDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 30.98% | -27.88% |
Volatility (6M)Calculated over the trailing 6-month period | 8.12% | 70.27% | -62.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.34% | 89.86% | -78.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.62% | 81.23% | -61.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.63% | 81.23% | -62.60% |
Dividends
CSCA.L vs. CRDO - Dividend Comparison
Neither CSCA.L nor CRDO has paid dividends to shareholders.
Frequently Asked Questions
CSCA.L and CRDO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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