HUBS vs. CROX

Last updated Jun 3, 2026

HUBS (HubSpot, Inc.) and CROX (Crocs, Inc.) are both stocks. HUBS operates in Software - Application (Technology), while CROX operates in Footwear & Accessories (Consumer Cyclical). Over the past 10 years, HUBS returned 16.56%/yr vs 27.54%/yr for CROX. At a 0.32 correlation, their price movements are largely independent.

Performance

HUBS vs. CROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HubSpot, Inc. (HUBS) and Crocs, Inc. (CROX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUBS achieves a -40.15% return, which is significantly lower than CROX's 36.65% return. Over the past 10 years, HUBS has underperformed CROX with an annualized return of 16.56%, while CROX has yielded a comparatively higher 27.54% annualized return.

HUBS

• 1D: -8.41%
• 1M: 0.11%
• YTD: -40.15%
• 6M: -35.67%
• 1Y: -59.43%
• 3Y*: -22.91%
• 5Y*: -12.67%
• 10Y*: 16.56%

CROX

• 1D: -2.03%
• 1M: 12.50%
• YTD: 36.65%
• 6M: 37.08%
• 1Y: 15.22%
• 3Y*: 2.02%
• 5Y*: 2.95%
• 10Y*: 27.54%

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

HUBS vs. CROX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HUBS HubSpot, Inc.	-40.15%	-42.41%	20.02%	100.79%	-56.14%	66.27%	150.12%	26.06%	42.23%	88.09%
CROX Crocs, Inc.	36.65%	-21.92%	17.26%	-13.85%	-15.43%	104.63%	49.58%	61.24%	105.54%	84.26%

Correlation

The correlation between HUBS and CROX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Oct 10, 2014	0.32

The correlation between HUBS and CROX shifts across timeframes, from 0.13 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HUBS : $12.63B CROX : $5.93B
EPS HUBS : $1.91 CROX : -$1.94
PS Ratio HUBS : 3.83 CROX : 1.55
PB Ratio HUBS : 6.32 CROX : 4.15
Total Revenue (TTM) HUBS : $3.30B CROX : $4.02B
Gross Profit (TTM) HUBS : $2.76B CROX : $2.34B
EBITDA (TTM) HUBS : $196.96M CROX : $297.04M

Return for Risk

HUBS vs. CROX — Risk / Return Rank

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

HUBS

HUBS Risk / Return Rank: 6
HUBS Sharpe Ratio Rank: 5
HUBS Sortino Ratio Rank: 6
HUBS Omega Ratio Rank: 6
HUBS Calmar Ratio Rank: 8
HUBS Martin Ratio Rank: 7

CROX

CROX Risk / Return Rank: 50
CROX Sharpe Ratio Rank: 51
CROX Sortino Ratio Rank: 47
CROX Omega Ratio Rank: 50
CROX Calmar Ratio Rank: 51
CROX Martin Ratio Rank: 49

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.

HUBS vs. CROX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HubSpot, Inc. (HUBS) and Crocs, Inc. (CROX). 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.

	HUBS	CROX	Difference
Sharpe ratio Return per unit of total volatility	-0.96	0.29	-1.25
Sortino ratio Return per unit of downside risk	-1.46	0.75	-2.21
Omega ratio Gain probability vs. loss probability	0.81	1.11	-0.30
Calmar ratio Return relative to maximum drawdown	-0.84	0.45	-1.29
Martin ratio Return relative to average drawdown	-1.40	0.76	-2.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUBS vs. CROX - Sharpe Ratio Comparison

The current HUBS Sharpe Ratio is -0.96, which is lower than the CROX Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of HUBS and CROX, 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

	HUBS	CROX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.96	0.29	-1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.05	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.49	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.17	+0.22

Drawdowns

HUBS vs. CROX - Drawdown Comparison

The maximum HUBS drawdown since its inception was -78.99%, smaller than the maximum CROX drawdown of -98.74%. Use the drawdown chart below to compare losses from any high point for HUBS and CROX.

Drawdown Indicators

	HUBS	CROX	Difference
Max Drawdown Largest peak-to-trough decline	-78.99%	-98.74%	+19.75%
Max Drawdown (1Y) Largest decline over 1 year	-70.63%	-32.54%	-38.09%
Max Drawdown (3Y) Largest decline over 3 years	-78.16%	-54.04%	-24.12%
Max Drawdown (5Y) Largest decline over 5 years	-78.99%	-73.86%	-5.13%
Max Drawdown (10Y) Largest decline over 10 years	-78.99%	-75.18%	-3.81%
Current Drawdown Current decline from peak	-71.81%	-35.28%	-36.53%
Average Drawdown Average peak-to-trough decline	-23.05%	-61.30%	+38.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.34%	19.17%	+23.17%

Volatility

HUBS vs. CROX - Volatility Comparison

HubSpot, Inc. (HUBS) has a higher volatility of 34.54% compared to Crocs, Inc. (CROX) at 11.40%. This indicates that HUBS's price experiences larger fluctuations and is considered to be riskier than CROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUBS	CROX	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.54%	11.40%	+23.14%
Volatility (6M) Calculated over the trailing 6-month period	54.26%	32.09%	+22.17%
Volatility (1Y) Calculated over the trailing 1-year period	62.33%	52.43%	+9.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.91%	55.11%	-0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.92%	55.96%	-5.04%

Dividends

HUBS vs. CROX - Dividend Comparison

Neither HUBS nor CROX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

HUBS vs. CROX - Profitability Comparison

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

HUBS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported a gross profit of 735.30M and revenue of 881.00M. Therefore, the gross margin over that period was 83.5%.

CROX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Crocs, Inc. reported a gross profit of 522.95M and revenue of 921.46M. Therefore, the gross margin over that period was 56.8%.

HUBS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported an operating income of 27.94M and revenue of 881.00M, resulting in an operating margin of 3.2%.

CROX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Crocs, Inc. reported an operating income of 200.84M and revenue of 921.46M, resulting in an operating margin of 21.8%.

HUBS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported a net income of 32.55M and revenue of 881.00M, resulting in a net margin of 3.7%.

CROX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Crocs, Inc. reported a net income of 137.56M and revenue of 921.46M, resulting in a net margin of 14.9%.

Frequently Asked Questions

Can I hold both HUBS and CROX in my portfolio?

HUBS and CROX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUBS or CROX?

HUBS has higher volatility (34.54%) compared to CROX (11.40%). In terms of maximum drawdown, HUBS dropped -78.99% vs CROX's -98.74%.

Which has better risk-adjusted returns?

CROX currently has the higher Sharpe Ratio (0.29 vs -0.96), 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.