HUT vs. CRWV
HUT (Hut 8 Corp.) and CRWV (CoreWeave, Inc.) are both stocks. HUT operates in Capital Markets (Financial Services), while CRWV operates in Software - Infrastructure (Technology). Over the past year, HUT returned 366.84% vs -40.61% for CRWV. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
HUT vs. CRWV - Performance Comparison
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Returns By Period
In the year-to-date period, HUT achieves a 119.70% return, which is significantly higher than CRWV's 2.02% return.
HUT
- 1D
- 10.37%
- 1M
- -18.89%
- 6M
- 69.20%
- YTD
- 119.70%
- 1Y
- 366.84%
- 3Y*
- 77.17%
- 5Y*
- 36.76%
- 10Y*
- —
- ALL TIME*
- 22.96%
CRWV
- 1D
- -0.20%
- 1M
- -38.06%
- 6M
- -27.83%
- YTD
- 2.02%
- 1Y
- -40.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 61.39%
HUT vs. CRWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HUT Hut 8 Corp. | 119.70% | 268.70% |
CRWV CoreWeave, Inc. | 2.02% | 83.62% |
Correlation
The correlation between HUT and CRWV is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | 0.52 |
The correlation between HUT and CRWV has been stable across timeframes, ranging from 0.52 to 0.54 - a consistent structural relationship.
Fundamentals
HUT:
$11.36B
CRWV:
$39.86B
HUT:
-$2.77
CRWV:
-$3.27
HUT:
8.12
CRWV:
8.09
HUT:
-$40.96M
CRWV:
$6.23B
HUT:
-$132.19M
CRWV:
$4.32B
HUT:
-$306.16M
CRWV:
$1.89B
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Return for Risk
HUT vs. CRWV — Risk / Return Rank
HUT
CRWV
HUT vs. CRWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. (HUT) 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.
| HUT | CRWV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.99 | ||
| Sortino ratioReturn per unit of downside risk | +3.38 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.99 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 9.57 | -0.72 | +10.29 |
| Martin ratioReturn relative to average drawdown | 24.19 | -1.17 | +25.36 |
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Drawdowns
HUT vs. CRWV - Drawdown Comparison
The maximum HUT drawdown since its inception was -95.04%, which is greater than CRWV's maximum drawdown of -64.84%. Use the drawdown chart below to compare losses from any high point for HUT and CRWV.
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Drawdown Indicators
| HUT | CRWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.04% | -64.84% | -30.20% |
Max Drawdown (1Y)Largest decline over 1 year | -38.62% | -56.61% | +17.99% |
Max Drawdown (3Y)Largest decline over 3 years | -65.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -95.04% | — | — |
Current DrawdownCurrent decline from peak | -24.12% | -60.20% | +36.08% |
Average DrawdownAverage peak-to-trough decline | -63.02% | -38.10% | -24.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.25% | 34.68% | -19.43% |
Volatility
HUT vs. CRWV - Volatility Comparison
Hut 8 Corp. (HUT) has a higher volatility of 26.62% compared to CoreWeave, Inc. (CRWV) at 22.14%. This indicates that HUT's price experiences larger fluctuations and is considered to be riskier than CRWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HUT | CRWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.62% | 22.14% | +4.48% |
Volatility (6M)Calculated over the trailing 6-month period | 73.18% | 65.28% | +7.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.20% | 93.87% | +10.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 105.60% | 112.01% | -6.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.45% | 112.01% | +2.44% |
Dividends
HUT vs. CRWV - Dividend Comparison
Neither HUT nor CRWV has paid dividends to shareholders.
Financials
HUT vs. CRWV - Financials Comparison
This section allows you to compare key financial metrics between Hut 8 Corp. and CoreWeave, Inc.. 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
Frequently Asked Questions
HUT and CRWV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (26.62%) compared to CRWV (22.14%). In terms of maximum drawdown, HUT dropped -95.04% vs CRWV's -64.84%.
HUT currently has the higher Sharpe Ratio (3.56 vs -0.43), 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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