JNJ vs. CRDO

Last updated Jun 13, 2026

JNJ (Johnson & Johnson) and CRDO (Credo Technology Group Holding Ltd) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while CRDO operates in Semiconductors (Technology). Over the past 3 years, JNJ returned 17.82%/yr vs 142.90%/yr for CRDO. At a correlation of -0.10, they often move in opposite directions.

Performance

JNJ vs. CRDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Johnson & Johnson (JNJ) and Credo Technology Group Holding Ltd (CRDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JNJ achieves a 17.68% return, which is significantly lower than CRDO's 74.31% return.

JNJ

• 1D: 1.07%
• 1M: 4.96%
• YTD: 17.68%
• 6M: 15.11%
• 1Y: 57.15%
• 3Y*: 17.82%
• 5Y*: 10.94%
• 10Y*: 10.46%

CRDO

• 1D: -5.27%
• 1M: 35.91%
• YTD: 74.31%
• 6M: 74.28%
• 1Y: 241.28%
• 3Y*: 142.90%
• 5Y*: —
• 10Y*: —

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

JNJ vs. CRDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JNJ Johnson & Johnson	17.68%	47.48%	-4.81%	-8.58%	7.67%
CRDO Credo Technology Group Holding Ltd	74.31%	114.09%	245.20%	46.28%	10.00%

Correlation

The correlation between JNJ and CRDO is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (3Y) Calculated over the trailing 3-year period	-0.18
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	-0.11

Fundamentals

Market Cap JNJ : $588.98B CRDO : $48.33B
EPS JNJ : $8.65 CRDO : $2.50
PE Ratio JNJ : 27.85 CRDO : 100.50
PEG Ratio JNJ : 0.93 CRDO : 0.09
PS Ratio JNJ : 6.08 CRDO : 35.55
PB Ratio JNJ : 7.25 CRDO : 23.42
Total Revenue (TTM) JNJ : $96.36B CRDO : $1.34B
Gross Profit (TTM) JNJ : $66.60B CRDO : $908.35M
EBITDA (TTM) JNJ : $31.62B CRDO : $463.79M

Return for Risk

JNJ vs. CRDO — Risk / Return Rank

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

JNJ

JNJ Risk / Return Rank: 96
JNJ Sharpe Ratio Rank: 97
JNJ Sortino Ratio Rank: 98
JNJ Omega Ratio Rank: 97
JNJ Calmar Ratio Rank: 93
JNJ Martin Ratio Rank: 94

CRDO

CRDO Risk / Return Rank: 90
CRDO Sharpe Ratio Rank: 95
CRDO Sortino Ratio Rank: 89
CRDO Omega Ratio Rank: 86
CRDO Calmar Ratio Rank: 91
CRDO Martin Ratio Rank: 89

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.

JNJ vs. CRDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) and Credo Technology Group Holding Ltd (CRDO). 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.

	JNJ	CRDO	Difference
Sharpe ratio: Return per unit of total volatility	3.42	2.79	+0.63
Sortino ratio: Return per unit of downside risk	4.94	2.95	+1.99
Omega ratio: Gain probability vs. loss probability	1.61	1.35	+0.26
Calmar ratio: Return relative to maximum drawdown	5.28	4.46	+0.82
Martin ratio: Return relative to average drawdown	15.52	10.76	+4.76

JNJ vs. CRDO - Sharpe Ratio Comparison

The current JNJ Sharpe Ratio is 3.42, which is comparable to the CRDO Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of JNJ and CRDO, 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

JNJ vs. CRDO - Drawdown Comparison

The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum CRDO drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for JNJ and CRDO.

Drawdown Indicators

	JNJ	CRDO	Difference
Max Drawdown Largest peak-to-trough decline	-50.67%	-62.04%	+11.37%
Max Drawdown (1Y) Largest decline over 1 year	-10.96%	-53.59%	+42.63%
Max Drawdown (3Y) Largest decline over 3 years	-15.95%	-61.05%	+45.10%
Max Drawdown (5Y) Largest decline over 5 years	-18.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-27.37%	—	—
Current Drawdown Current decline from peak	-2.54%	-5.27%	+2.73%
Average Drawdown Average peak-to-trough decline	-11.90%	-19.38%	+7.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.72%	22.17%	-18.45%

Volatility

JNJ vs. CRDO - Volatility Comparison

The current volatility for Johnson & Johnson (JNJ) is 5.47%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 28.41%. This indicates that JNJ experiences smaller price fluctuations and is considered to be less risky than CRDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JNJ	CRDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.47%	28.41%	-22.94%
Volatility (6M) Calculated over the trailing 6-month period	12.16%	65.16%	-53.00%
Volatility (1Y) Calculated over the trailing 1-year period	16.94%	85.70%	-68.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.87%	81.50%	-64.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	81.50%	-63.02%

Dividends

JNJ vs. CRDO - Dividend Comparison

JNJ's dividend yield for the trailing twelve months is around 2.18%, while CRDO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRDO Credo Technology Group Holding Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JNJ Johnson & Johnson	2.18%	2.48%	3.40%	3.00%	2.52%	2.45%	2.53%	2.57%	2.74%	2.38%	2.73%	2.87%

Financials

JNJ vs. CRDO - Profitability Comparison

The chart below illustrates the profitability comparison between Johnson & Johnson and Credo Technology Group Holding Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

JNJ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.

CRDO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a gross profit of 298.07M and revenue of 437.00M. Therefore, the gross margin over that period was 68.2%.

JNJ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.

CRDO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported an operating income of 155.85M and revenue of 437.00M, resulting in an operating margin of 35.7%.

JNJ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.

CRDO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a net income of 169.10M and revenue of 437.00M, resulting in a net margin of 38.7%.

Frequently Asked Questions

Can I hold both JNJ and CRDO in my portfolio?

JNJ and CRDO have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JNJ or CRDO?

CRDO has higher volatility (28.41%) compared to JNJ (5.47%). In terms of maximum drawdown, JNJ dropped -50.67% vs CRDO's -62.04%.

Which has better risk-adjusted returns?

JNJ currently has the higher Sharpe Ratio (3.42 vs 2.79), 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.