KLAR vs. CRCL

Last updated Jun 4, 2026

KLAR (Klarna Group PLC) and CRCL (Circle Internet Group, Inc) are both stocks. KLAR operates in Software - Infrastructure (Technology), while CRCL operates in Capital Markets (Financial Services). At a 0.35 correlation, their price movements are largely independent.

Performance

KLAR vs. CRCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Klarna Group PLC (KLAR) and Circle Internet Group, Inc (CRCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KLAR achieves a -41.37% return, which is significantly lower than CRCL's 13.66% return.

KLAR

• 1D: -3.25%
• 1M: 13.91%
• YTD: -41.37%
• 6M: -44.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRCL

• 1D: -10.63%
• 1M: -24.60%
• YTD: 13.66%
• 6M: 4.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KLAR vs. CRCL - Yearly Performance Comparison

	2026 (YTD)	2025
KLAR Klarna Group PLC	-41.37%	-36.91%
CRCL Circle Internet Group, Inc	13.66%	-30.25%

Correlation

The correlation between KLAR and CRCL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025	0.35

Fundamentals

EPS KLAR : -$0.53 CRCL : -$0.54
PS Ratio KLAR : 1.68 CRCL : 4.60
Total Revenue (TTM) KLAR : $3.82B CRCL : $2.86B
Gross Profit (TTM) KLAR : $2.11B CRCL : $57.27M
EBITDA (TTM) KLAR : $123.00M CRCL : -$129.43M

Return for Risk

KLAR vs. CRCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Klarna Group PLC (KLAR) and Circle Internet Group, Inc (CRCL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KLAR	CRCL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.03	0.94	-1.98

Drawdowns

KLAR vs. CRCL - Drawdown Comparison

The maximum KLAR drawdown since its inception was -73.22%, smaller than the maximum CRCL drawdown of -80.93%. Use the drawdown chart below to compare losses from any high point for KLAR and CRCL.

Drawdown Indicators

	KLAR	CRCL	Difference
Max Drawdown Largest peak-to-trough decline	-73.22%	-80.93%	+7.71%
Current Drawdown Current decline from peak	-63.01%	-65.79%	+2.78%
Average Drawdown Average peak-to-trough decline	-44.46%	-53.46%	+9.00%

Volatility

Volatility by Period

	KLAR	CRCL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	72.28%	205.16%	-132.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.28%	205.16%	-132.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.28%	205.16%	-132.88%

Dividends

KLAR vs. CRCL - Dividend Comparison

Neither KLAR nor CRCL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

KLAR vs. CRCL - Profitability Comparison

The chart below illustrates the profitability comparison between Klarna Group PLC and Circle Internet Group, Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KLAR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Klarna Group PLC reported a gross profit of 573.00M and revenue of 1.01B. Therefore, the gross margin over that period was 56.6%.

CRCL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Circle Internet Group, Inc reported a gross profit of 0.00 and revenue of 694.13M. Therefore, the gross margin over that period was 0.0%.

KLAR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Klarna Group PLC reported an operating income of 17.00M and revenue of 1.01B, resulting in an operating margin of 1.7%.

CRCL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Circle Internet Group, Inc reported an operating income of 45.00M and revenue of 694.13M, resulting in an operating margin of 6.5%.

KLAR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Klarna Group PLC reported a net income of -5.00M and revenue of 1.01B, resulting in a net margin of -0.5%.

CRCL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Circle Internet Group, Inc reported a net income of 55.25M and revenue of 694.13M, resulting in a net margin of 8.0%.

Frequently Asked Questions

Can I hold both KLAR and CRCL in my portfolio?

KLAR and CRCL 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.