CVKD vs. ALTL
CVKD (Cadrenal Therapeutics Inc. Common Stock) is a stock, while ALTL (Pacer Lunt Large Cap Alternator ETF) is Large Cap Growth Equities fund tracking the Lunt Capital US Large Cap Equity Rotation Index. Over the past 3 years, CVKD returned -50.11%/yr vs 12.77%/yr for ALTL. At a 0.13 correlation, their price movements are largely independent.
Performance
CVKD vs. ALTL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CVKD achieves a -56.05% return, which is significantly lower than ALTL's 16.09% return.
CVKD
- 1D
- -2.61%
- 1M
- -42.58%
- YTD
- -56.05%
- 6M
- -59.57%
- 1Y
- -73.49%
- 3Y*
- -50.11%
- 5Y*
- —
- 10Y*
- —
ALTL
- 1D
- 0.26%
- 1M
- 6.45%
- YTD
- 16.09%
- 6M
- 15.31%
- 1Y
- 36.49%
- 3Y*
- 12.77%
- 5Y*
- 5.00%
- 10Y*
- —
CVKD vs. ALTL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CVKD Cadrenal Therapeutics Inc. Common Stock | -56.05% | -53.21% | 30.56% | -87.04% |
ALTL Pacer Lunt Large Cap Alternator ETF | 16.09% | 16.61% | 12.30% | -14.09% |
Correlation
The correlation between CVKD and ALTL is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2023 | 0.13 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CVKD vs. ALTL — Risk / Return Rank
CVKD
ALTL
CVKD vs. ALTL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadrenal Therapeutics Inc. Common Stock (CVKD) and Pacer Lunt Large Cap Alternator ETF (ALTL). 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.
| CVKD | ALTL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.59 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.33 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 3.75 | -4.68 |
| Martin ratioReturn relative to average drawdown | -1.71 | 12.57 | -14.28 |
Loading charts...
Drawdowns
CVKD vs. ALTL - Drawdown Comparison
The maximum CVKD drawdown since its inception was -96.52%, which is greater than ALTL's maximum drawdown of -31.91%. Use the drawdown chart below to compare losses from any high point for CVKD and ALTL.
Loading charts...
Drawdown Indicators
| CVKD | ALTL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.52% | -31.91% | -64.61% |
Max Drawdown (1Y)Largest decline over 1 year | -79.01% | -9.79% | -69.22% |
Max Drawdown (3Y)Largest decline over 3 years | -91.17% | -21.21% | -69.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.91% | — |
Current DrawdownCurrent decline from peak | -96.52% | -3.70% | -92.82% |
Average DrawdownAverage peak-to-trough decline | -84.80% | -11.49% | -73.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.94% | 2.91% | +40.03% |
Volatility
CVKD vs. ALTL - Volatility Comparison
Cadrenal Therapeutics Inc. Common Stock (CVKD) has a higher volatility of 25.82% compared to Pacer Lunt Large Cap Alternator ETF (ALTL) at 11.57%. This indicates that CVKD's price experiences larger fluctuations and is considered to be riskier than ALTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CVKD | ALTL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.82% | 11.57% | +14.25% |
Volatility (6M)Calculated over the trailing 6-month period | 68.27% | 15.19% | +53.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.88% | 20.52% | +79.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 102.19% | 18.97% | +83.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.19% | 20.46% | +81.73% |
Dividends
CVKD vs. ALTL - Dividend Comparison
CVKD has not paid dividends to shareholders, while ALTL's dividend yield for the trailing twelve months is around 0.88%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ALTL Pacer Lunt Large Cap Alternator ETF | 0.88% | 0.95% | 1.56% | 1.28% | 1.23% | 1.06% | 0.75% |
CVKD Cadrenal Therapeutics Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CVKD and ALTL have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVKD has higher volatility (25.82%) compared to ALTL (11.57%). In terms of maximum drawdown, CVKD dropped -96.52% vs ALTL's -31.91%.
ALTL currently has the higher Sharpe Ratio (1.80 vs -0.74), 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.
Find the right allocation for CVKD and ALTL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer