FIG vs. CRWV

Last updated Aug 4, 2026

FIG (Figma, Inc) and CRWV (CoreWeave, Inc.) are both stocks. Both are in the Technology sector — FIG in Software - Application, CRWV in Software - Infrastructure. Over the past year, FIG returned -79.57% vs -17.65% for CRWV. Their 0.09 correlation means their historical movements had little consistent relationship.

Performance

FIG vs. CRWV - Performance Comparison

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

Returns By Period

In the year-to-date period, FIG achieves a -33.32% return, which is significantly lower than CRWV's 19.76% return.

FIG

• 1D: 2.47%
• 1M: 16.78%
• 6M: 3.83%
• YTD: -33.32%
• 1Y: -79.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -70.41%

CRWV

• 1D: 19.49%
• 1M: 4.91%
• 6M: -3.58%
• YTD: 19.76%
• 1Y: -17.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 79.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CRWV CoreWeave, Inc.	$2.17B	$2.03B	$2.88B
FIG Figma, Inc	$471.29M	$516.74M	$473.71M

FIG vs. CRWV - Yearly Performance Comparison

	2026 (YTD)	2025
FIG Figma, Inc	-33.32%	-56.04%
CRWV CoreWeave, Inc.	19.76%	-30.40%

Correlation

The correlation between FIG and CRWV is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.08
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.09

Fundamentals

Market Cap FIG : $12.15B CRWV : $46.79B
EPS FIG : -$2.88 CRWV : -$3.27
PS Ratio FIG : 10.93 CRWV : 6.71
PB Ratio FIG : 8.95 CRWV : 9.50
Total Revenue (TTM) FIG : $1.16B CRWV : $6.23B
Gross Profit (TTM) FIG : $926.29M CRWV : $4.32B
EBITDA (TTM) FIG : -$1.43B CRWV : $1.89B

Return for Risk

FIG vs. CRWV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FIG

FIG Risk / Return Rank: 6
FIG Sharpe Ratio Rank: 6
FIG Sortino Ratio Rank: 4
FIG Omega Ratio Rank: 5
FIG Calmar Ratio Rank: 3
FIG Martin Ratio Rank: 12

CRWV

CRWV Risk / Return Rank: 38
CRWV Sharpe Ratio Rank: 36
CRWV Sortino Ratio Rank: 44
CRWV Omega Ratio Rank: 43
CRWV Calmar Ratio Rank: 34
CRWV Martin Ratio Rank: 35

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FIG vs. CRWV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Figma, Inc (FIG) and CoreWeave, Inc. (CRWV). 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.

	FIG	CRWV	Difference
Sharpe ratio: Return per unit of total volatility	-0.92	-0.18	-0.74
Sortino ratio: Return per unit of downside risk	-1.86	0.44	-2.29
Omega ratio: Gain probability vs. loss probability	0.79	1.05	-0.26
Calmar ratio: Return relative to maximum drawdown	-0.98	-0.30	-0.68
Martin ratio: Return relative to average drawdown	-1.26	-0.49	-0.77

FIG vs. CRWV - Sharpe Ratio Comparison

The current FIG Sharpe Ratio is -0.92, which is lower than the CRWV Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of FIG and CRWV, 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

FIG vs. CRWV - Drawdown Comparison

The maximum FIG drawdown since its inception was -86.20%, which is greater than CRWV's maximum drawdown of -66.87%. Use the drawdown chart below to compare losses from any high point for FIG and CRWV.

Drawdown Indicators

	FIG	CRWV	Difference
Max Drawdown Largest peak-to-trough decline	-86.20%	-66.87%	-19.33%
Max Drawdown (1Y) Largest decline over 1 year	-81.36%	-59.11%	-22.25%
Current Drawdown Current decline from peak	-79.57%	-53.28%	-26.29%
Average Drawdown Average peak-to-trough decline	-69.89%	-38.73%	-31.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.82%	35.96%	+35.86%

Volatility

FIG vs. CRWV - Volatility Comparison

The current volatility for Figma, Inc (FIG) is 22.88%, while CoreWeave, Inc. (CRWV) has a volatility of 36.58%. This indicates that FIG experiences smaller price fluctuations and is considered to be less risky than CRWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIG	CRWV	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.88%	36.58%	-13.70%
Volatility (6M) Calculated over the trailing 6-month period	59.19%	70.94%	-11.75%
Volatility (1Y) Calculated over the trailing 1-year period	86.57%	98.51%	-11.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.74%	114.26%	-20.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.74%	114.26%	-20.52%

Dividends

FIG vs. CRWV - Dividend Comparison

Neither FIG nor CRWV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

FIG vs. CRWV - Profitability Comparison

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

FIG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Figma, Inc reported a gross profit of 264.77M and revenue of 333.44M. Therefore, the gross margin over that period was 79.4%.

CRWV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.

FIG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Figma, Inc reported an operating income of -137.40M and revenue of 333.44M, resulting in an operating margin of -41.2%.

CRWV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CoreWeave, Inc. reported an operating income of -144.00M and revenue of 2.08B, resulting in an operating margin of -6.9%.

FIG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Figma, Inc reported a net income of -142.40M and revenue of 333.44M, resulting in a net margin of -42.7%.

CRWV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CoreWeave, Inc. reported a net income of -740.00M and revenue of 2.08B, resulting in a net margin of -35.6%.

Frequently Asked Questions

Can I hold both FIG and CRWV in my portfolio?

FIG and CRWV have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIG or CRWV?

CRWV has higher volatility (36.58%) compared to FIG (22.88%). In terms of maximum drawdown, FIG dropped -86.20% vs CRWV's -66.87%.

Which has better risk-adjusted returns?

CRWV currently has the higher Sharpe Ratio (-0.18 vs -0.92), 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.