MOD vs. CRDO
MOD (Modine Manufacturing Company) and CRDO (Credo Technology Group Holding Ltd) are both stocks. MOD operates in Auto Parts (Consumer Cyclical), while CRDO operates in Communication Equipment (Technology). Over the past 3 years, MOD returned 104.57%/yr vs 138.04%/yr for CRDO. At a 0.43 correlation, their price movements are largely independent.
Performance
MOD vs. CRDO - Performance Comparison
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Returns By Period
In the year-to-date period, MOD achieves a 106.15% return, which is significantly higher than CRDO's 54.47% return.
MOD
- 1D
- -0.46%
- 1M
- 0.82%
- YTD
- 106.15%
- 6M
- 78.85%
- 1Y
- 193.99%
- 3Y*
- 104.57%
- 5Y*
- 73.77%
- 10Y*
- 39.33%
CRDO
- 1D
- 7.43%
- 1M
- 17.91%
- YTD
- 54.47%
- 6M
- 24.21%
- 1Y
- 204.65%
- 3Y*
- 138.04%
- 5Y*
- —
- 10Y*
- —
MOD vs. CRDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MOD Modine Manufacturing Company | 106.15% | 15.16% | 94.19% | 200.60% | 123.65% |
CRDO Credo Technology Group Holding Ltd | 54.47% | 114.09% | 245.20% | 46.28% | 14.25% |
Correlation
The correlation between MOD and CRDO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2022 | 0.43 |
The correlation between MOD and CRDO shifts across timeframes, from 0.34 (1 year) to 0.45 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
MOD:
$14.86B
CRDO:
$42.83B
MOD:
$4.66
CRDO:
$2.50
MOD:
59.05
CRDO:
89.06
MOD:
3.81
CRDO:
0.08
MOD:
4.64
CRDO:
31.50
MOD:
12.36
CRDO:
20.75
MOD:
$3.18B
CRDO:
$1.34B
MOD:
$731.10M
CRDO:
$908.35M
MOD:
$276.90M
CRDO:
$463.79M
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Return for Risk
MOD vs. CRDO — Risk / Return Rank
MOD
CRDO
MOD vs. CRDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Modine Manufacturing Company (MOD) 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.
| MOD | CRDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.32 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 7.09 | 3.84 | +3.24 |
| Martin ratioReturn relative to average drawdown | 20.47 | 9.27 | +11.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MOD | CRDO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.94 | 2.43 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.23 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 1.20 | -0.98 |
Drawdowns
MOD vs. CRDO - Drawdown Comparison
The maximum MOD drawdown since its inception was -97.53%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for MOD and CRDO.
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Drawdown Indicators
| MOD | CRDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.53% | -62.04% | -35.49% |
Max Drawdown (1Y)Largest decline over 1 year | -27.55% | -53.59% | +26.04% |
Max Drawdown (3Y)Largest decline over 3 years | -51.61% | -61.05% | +9.44% |
Max Drawdown (5Y)Largest decline over 5 years | -56.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -88.13% | — | — |
Current DrawdownCurrent decline from peak | -10.32% | -5.83% | -4.49% |
Average DrawdownAverage peak-to-trough decline | -37.67% | -19.46% | -18.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.52% | 22.17% | -12.65% |
Volatility
MOD vs. CRDO - Volatility Comparison
The current volatility for Modine Manufacturing Company (MOD) is 24.73%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 28.82%. This indicates that MOD 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.
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Volatility by Period
| MOD | CRDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.73% | 28.82% | -4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 52.64% | 64.61% | -11.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.47% | 85.09% | -18.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.28% | 81.41% | -21.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.81% | 81.41% | -22.60% |
Dividends
MOD vs. CRDO - Dividend Comparison
Neither MOD nor CRDO has paid dividends to shareholders.
Financials
MOD vs. CRDO - Financials Comparison
This section allows you to compare key financial metrics between Modine Manufacturing Company and Credo Technology Group Holding Ltd. 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
MOD vs. CRDO - Profitability Comparison
MOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a gross profit of 214.70M and revenue of 954.40M. Therefore, the gross margin over that period was 22.5%.
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%.
MOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported an operating income of 96.40M and revenue of 954.40M, resulting in an operating margin of 10.1%.
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%.
MOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a net income of 201.50M and revenue of 954.40M, resulting in a net margin of 21.1%.
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
MOD and CRDO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRDO has higher volatility (28.82%) compared to MOD (24.73%). In terms of maximum drawdown, MOD dropped -97.53% vs CRDO's -62.04%.
MOD currently has the higher Sharpe Ratio (2.94 vs 2.43), 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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