FN vs. CRS
FN (Fabrinet) and CRS (Carpenter Technology Corporation) are both stocks. FN operates in Electronic Components (Technology), while CRS operates in Metal Fabrication (Industrials). Over the past 10 years, FN returned 31.23%/yr vs 34.84%/yr for CRS. At a 0.37 correlation, their price movements are largely independent.
Performance
FN vs. CRS - Performance Comparison
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Returns By Period
In the year-to-date period, FN achieves a 26.02% return, which is significantly lower than CRS's 86.47% return. Over the past 10 years, FN has underperformed CRS with an annualized return of 31.23%, while CRS has yielded a comparatively higher 34.84% annualized return.
FN
- 1D
- -1.82%
- 1M
- -18.48%
- YTD
- 26.02%
- 6M
- 20.67%
- 1Y
- 115.55%
- 3Y*
- 64.45%
- 5Y*
- 44.47%
- 10Y*
- 31.23%
CRS
- 1D
- 1.91%
- 1M
- 35.09%
- YTD
- 86.47%
- 6M
- 79.45%
- 1Y
- 131.77%
- 3Y*
- 125.83%
- 5Y*
- 72.99%
- 10Y*
- 34.84%
FN vs. CRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FN Fabrinet | 26.02% | 107.06% | 15.53% | 48.44% | 8.23% | 52.69% | 19.66% | 26.37% | 78.78% | -28.78% |
CRS Carpenter Technology Corporation | 86.47% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -29.16% | 43.40% |
Correlation
The correlation between FN and CRS is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2010 | 0.37 |
Fundamentals
FN:
$20.78B
CRS:
$29.50B
FN:
$11.65
CRS:
$9.51
FN:
49.26
CRS:
61.70
FN:
2.11
CRS:
0.05
FN:
4.90
CRS:
9.76
FN:
9.02
CRS:
14.27
FN:
$4.24B
CRS:
$3.03B
FN:
$509.75M
CRS:
$900.50M
FN:
$422.55M
CRS:
$745.50M
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Return for Risk
FN vs. CRS — Risk / Return Rank
FN
CRS
FN vs. CRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fabrinet (FN) 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.
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.
| FN | CRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.45 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 5.04 | 7.08 | -2.04 |
| Martin ratioReturn relative to average drawdown | 12.51 | 16.67 | -4.17 |
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Drawdowns
FN vs. CRS - Drawdown Comparison
The maximum FN drawdown since its inception was -70.46%, smaller than the maximum CRS drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for FN and CRS.
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Drawdown Indicators
| FN | CRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -84.68% | +14.22% |
Max Drawdown (1Y)Largest decline over 1 year | -23.14% | -19.08% | -4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -37.47% | -28.74% | -8.73% |
Max Drawdown (5Y)Largest decline over 5 years | -38.70% | -41.86% | +3.16% |
Max Drawdown (10Y)Largest decline over 10 years | -51.11% | -74.70% | +23.59% |
Current DrawdownCurrent decline from peak | -23.14% | 0.00% | -23.14% |
Average DrawdownAverage peak-to-trough decline | -22.58% | -27.22% | +4.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.31% | 8.09% | +1.22% |
Volatility
FN vs. CRS - Volatility Comparison
Fabrinet (FN) has a higher volatility of 24.51% compared to Carpenter Technology Corporation (CRS) at 10.47%. This indicates that FN's price experiences larger fluctuations and is considered to be riskier than CRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FN | CRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.51% | 10.47% | +14.04% |
Volatility (6M)Calculated over the trailing 6-month period | 55.49% | 33.61% | +21.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.10% | 48.34% | +18.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.82% | 46.61% | +7.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.37% | 48.89% | -0.52% |
Dividends
FN vs. CRS - Dividend Comparison
FN has not paid dividends to shareholders, while CRS's dividend yield for the trailing twelve months is around 0.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 0.14% | 0.25% | 0.47% | 1.13% | 2.17% | 2.74% | 2.75% | 1.61% | 2.13% | 1.41% | 1.99% | 2.38% |
FN Fabrinet | 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
FN vs. CRS - Financials Comparison
This section allows you to compare key financial metrics between Fabrinet and Carpenter Technology Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FN vs. CRS - Profitability Comparison
FN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fabrinet reported a gross profit of 144.34M and revenue of 1.21B. Therefore, the gross margin over that period was 11.9%.
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%.
FN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fabrinet reported an operating income of 120.04M and revenue of 1.21B, resulting in an operating margin of 9.9%.
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%.
FN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fabrinet reported a net income of 128.18M and revenue of 1.21B, resulting in a net margin of 10.6%.
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
FN and CRS have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FN has higher volatility (24.51%) compared to CRS (10.47%). In terms of maximum drawdown, FN dropped -70.46% vs CRS's -84.68%.
CRS currently has the higher Sharpe Ratio (2.80 vs 1.74), 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.
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