EXEL vs. CRS

Last updated Jun 9, 2026

EXEL (Exelixis, Inc.) and CRS (Carpenter Technology Corporation) are both stocks. EXEL operates in Biotechnology (Healthcare), while CRS operates in Metal Fabrication (Industrials). Over the past 10 years, EXEL returned 21.50%/yr vs 33.20%/yr for CRS. At a 0.29 correlation, their price movements are largely independent.

Performance

EXEL vs. CRS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Exelixis, Inc. (EXEL) and Carpenter Technology Corporation (CRS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXEL achieves a 18.05% return, which is significantly lower than CRS's 58.69% return. Over the past 10 years, EXEL has underperformed CRS with an annualized return of 21.50%, while CRS has yielded a comparatively higher 33.20% annualized return.

EXEL

• 1D: -1.82%
• 1M: 7.43%
• YTD: 18.05%
• 6M: 22.69%
• 1Y: 20.24%
• 3Y*: 39.16%
• 5Y*: 17.83%
• 10Y*: 21.50%

CRS

• 1D: 3.20%
• 1M: 16.65%
• YTD: 58.69%
• 6M: 62.07%
• 1Y: 101.19%
• 3Y*: 115.41%
• 5Y*: 63.76%
• 10Y*: 33.20%

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

EXEL vs. CRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXEL Exelixis, Inc.	18.05%	31.62%	38.81%	49.56%	-12.25%	-8.92%	13.90%	-10.42%	-35.30%	103.89%
CRS Carpenter Technology Corporation	58.69%	86.23%	141.72%	94.48%	29.50%	2.66%	-39.44%	42.12%	-29.16%	43.40%

Correlation

The correlation between EXEL and CRS is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Apr 18, 2000	0.29

Fundamentals

Market Cap EXEL : $13.83B CRS : $25.10B
EPS EXEL : $3.00 CRS : $9.51
PE Ratio EXEL : 17.26 CRS : 52.50
PEG Ratio EXEL : 0.30 CRS : 0.04
PS Ratio EXEL : 6.06 CRS : 8.30
PB Ratio EXEL : 7.15 CRS : 12.14
Total Revenue (TTM) EXEL : $2.38B CRS : $3.03B
Gross Profit (TTM) EXEL : $1.70B CRS : $900.50M
EBITDA (TTM) EXEL : $991.79M CRS : $745.50M

Return for Risk

EXEL vs. CRS — Risk / Return Rank

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

EXEL

EXEL Risk / Return Rank: 58
EXEL Sharpe Ratio Rank: 60
EXEL Sortino Ratio Rank: 53
EXEL Omega Ratio Rank: 56
EXEL Calmar Ratio Rank: 60
EXEL Martin Ratio Rank: 61

CRS

CRS Risk / Return Rank: 90
CRS Sharpe Ratio Rank: 90
CRS Sortino Ratio Rank: 88
CRS Omega Ratio Rank: 87
CRS Calmar Ratio Rank: 93
CRS Martin Ratio Rank: 91

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.

EXEL vs. CRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Exelixis, Inc. (EXEL) and Carpenter Technology Corporation (CRS). 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.

	EXEL	CRS	Difference
Sharpe ratio: Return per unit of total volatility	0.50	2.14	-1.63
Sortino ratio: Return per unit of downside risk	0.92	2.93	-2.00
Omega ratio: Gain probability vs. loss probability	1.13	1.37	-0.24
Calmar ratio: Return relative to maximum drawdown	0.81	5.33	-4.53
Martin ratio: Return relative to average drawdown	1.94	12.55	-10.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXEL vs. CRS - Sharpe Ratio Comparison

The current EXEL Sharpe Ratio is 0.50, which is lower than the CRS Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of EXEL and CRS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EXEL	CRS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	2.14	-1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	1.38	-0.90
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.68	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.35	-0.27

Drawdowns

EXEL vs. CRS - Drawdown Comparison

The maximum EXEL drawdown since its inception was -97.38%, which is greater than CRS's maximum drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for EXEL and CRS.

Drawdown Indicators

	EXEL	CRS	Difference
Max Drawdown Largest peak-to-trough decline	-97.38%	-84.68%	-12.70%
Max Drawdown (1Y) Largest decline over 1 year	-25.16%	-19.08%	-6.08%
Max Drawdown (3Y) Largest decline over 3 years	-25.34%	-28.74%	+3.40%
Max Drawdown (5Y) Largest decline over 5 years	-36.12%	-41.86%	+5.74%
Max Drawdown (10Y) Largest decline over 10 years	-57.20%	-74.70%	+17.50%
Current Drawdown Current decline from peak	-1.82%	0.00%	-1.82%
Average Drawdown Average peak-to-trough decline	-71.08%	-27.25%	-43.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.44%	8.09%	+2.35%

Volatility

EXEL vs. CRS - Volatility Comparison

Exelixis, Inc. (EXEL) and Carpenter Technology Corporation (CRS) have volatilities of 11.21% and 11.63%, 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

	EXEL	CRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.21%	11.63%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	25.96%	33.18%	-7.22%
Volatility (1Y) Calculated over the trailing 1-year period	40.34%	47.75%	-7.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.17%	46.58%	-9.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.47%	48.83%	-4.36%

Dividends

EXEL vs. CRS - Dividend Comparison

EXEL has not paid dividends to shareholders, while CRS's dividend yield for the trailing twelve months is around 0.16%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRS Carpenter Technology Corporation	0.16%	0.25%	0.47%	1.13%	2.17%	2.74%	2.75%	1.61%	2.13%	1.41%	1.99%	2.38%
EXEL Exelixis, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

EXEL vs. CRS - Profitability Comparison

The chart below illustrates the profitability comparison between Exelixis, Inc. and Carpenter Technology Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EXEL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Exelixis, Inc. reported a gross profit of 0.00 and revenue of 610.81M. Therefore, the gross margin over that period was 0.0%.

CRS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported a gross profit of 251.80M and revenue of 811.50M. Therefore, the gross margin over that period was 31.0%.

EXEL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Exelixis, Inc. reported an operating income of 251.34M and revenue of 610.81M, resulting in an operating margin of 41.2%.

CRS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported an operating income of 186.50M and revenue of 811.50M, resulting in an operating margin of 23.0%.

EXEL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Exelixis, Inc. reported a net income of 210.47M and revenue of 610.81M, resulting in a net margin of 34.5%.

CRS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported a net income of 139.60M and revenue of 811.50M, resulting in a net margin of 17.2%.

Frequently Asked Questions

Can I hold both EXEL and CRS in my portfolio?

EXEL and CRS have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EXEL or CRS?

CRS has higher volatility (11.63%) compared to EXEL (11.21%). In terms of maximum drawdown, EXEL dropped -97.38% vs CRS's -84.68%.

Which has better risk-adjusted returns?

CRS currently has the higher Sharpe Ratio (2.14 vs 0.50), 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.