CVKD vs. ETSY

Last updated Jun 23, 2026

CVKD (Cadrenal Therapeutics Inc. Common Stock) and ETSY (Etsy, Inc.) are both stocks. CVKD operates in Biotechnology (Healthcare), while ETSY operates in Internet Retail (Consumer Cyclical). Over the past 3 years, CVKD returned -49.02%/yr vs -6.56%/yr for ETSY. At a 0.09 correlation, their price movements are largely independent.

Performance

CVKD vs. ETSY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cadrenal Therapeutics Inc. Common Stock (CVKD) and Etsy, Inc. (ETSY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CVKD achieves a -53.10% return, which is significantly lower than ETSY's 30.84% return.

CVKD

• 1D: -9.14%
• 1M: -38.73%
• YTD: -53.10%
• 6M: -57.80%
• 1Y: -74.25%
• 3Y*: -49.02%
• 5Y*: —
• 10Y*: —

ETSY

• 1D: -1.91%
• 1M: 16.29%
• YTD: 30.84%
• 6M: 30.16%
• 1Y: 29.17%
• 3Y*: -6.56%
• 5Y*: -16.57%
• 10Y*: 22.86%

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

CVKD vs. ETSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CVKD Cadrenal Therapeutics Inc. Common Stock	-53.10%	-53.21%	30.56%	-87.04%
ETSY Etsy, Inc.	30.84%	4.82%	-34.74%	-37.16%

Correlation

The correlation between CVKD and ETSY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since Jan 20, 2023	0.09

The correlation between CVKD and ETSY shifts across timeframes, from 0.09 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CVKD : $6.34M ETSY : $8.78B
EPS CVKD : -$5.10 ETSY : $3.01
Total Revenue (TTM) CVKD : $0.00 ETSY : $2.86B
Gross Profit (TTM) CVKD : -$5.92K ETSY : $2.06B
EBITDA (TTM) CVKD : -$13.32M ETSY : $489.49M

Return for Risk

CVKD vs. ETSY — Risk / Return Rank

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

CVKD

CVKD Risk / Return Rank: 7
CVKD Sharpe Ratio Rank: 11
CVKD Sortino Ratio Rank: 8
CVKD Omega Ratio Rank: 11
CVKD Calmar Ratio Rank: 4
CVKD Martin Ratio Rank: 2

ETSY

ETSY Risk / Return Rank: 58
ETSY Sharpe Ratio Rank: 61
ETSY Sortino Ratio Rank: 57
ETSY Omega Ratio Rank: 56
ETSY Calmar Ratio Rank: 58
ETSY Martin Ratio Rank: 57

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.

CVKD vs. ETSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cadrenal Therapeutics Inc. Common Stock (CVKD) and Etsy, Inc. (ETSY). 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	ETSY	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	0.53	-1.27
Sortino ratio: Return per unit of downside risk	-1.25	1.09	-2.34
Omega ratio: Gain probability vs. loss probability	0.86	1.14	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.95	0.70	-1.65
Martin ratio: Return relative to average drawdown	-1.75	1.42	-3.17

CVKD vs. ETSY - Sharpe Ratio Comparison

The current CVKD Sharpe Ratio is -0.74, which is lower than the ETSY Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of CVKD and ETSY, 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

CVKD vs. ETSY - Drawdown Comparison

The maximum CVKD drawdown since its inception was -96.45%, which is greater than ETSY's maximum drawdown of -86.26%. Use the drawdown chart below to compare losses from any high point for CVKD and ETSY.

Drawdown Indicators

	CVKD	ETSY	Difference
Max Drawdown Largest peak-to-trough decline	-96.45%	-86.26%	-10.19%
Max Drawdown (1Y) Largest decline over 1 year	-78.59%	-41.70%	-36.89%
Max Drawdown (3Y) Largest decline over 3 years	-90.99%	-59.86%	-31.13%
Max Drawdown (5Y) Largest decline over 5 years	—	-86.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-86.26%	—
Current Drawdown Current decline from peak	-96.29%	-75.57%	-20.72%
Average Drawdown Average peak-to-trough decline	-84.77%	-48.69%	-36.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.39%	20.70%	+21.69%

Volatility

CVKD vs. ETSY - Volatility Comparison

Cadrenal Therapeutics Inc. Common Stock (CVKD) has a higher volatility of 26.09% compared to Etsy, Inc. (ETSY) at 9.08%. This indicates that CVKD's price experiences larger fluctuations and is considered to be riskier than ETSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVKD	ETSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.09%	9.08%	+17.01%
Volatility (6M) Calculated over the trailing 6-month period	68.56%	36.04%	+32.52%
Volatility (1Y) Calculated over the trailing 1-year period	100.24%	55.31%	+44.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.28%	55.37%	+46.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.28%	56.25%	+46.03%

Dividends

CVKD vs. ETSY - Dividend Comparison

Neither CVKD nor ETSY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CVKD and ETSY in my portfolio?

CVKD and ETSY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CVKD or ETSY?

CVKD has higher volatility (26.09%) compared to ETSY (9.08%). In terms of maximum drawdown, CVKD dropped -96.45% vs ETSY's -86.26%.

Which has better risk-adjusted returns?

ETSY currently has the higher Sharpe Ratio (0.53 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.