NET vs. SMR
NET (Cloudflare, Inc.) and SMR (NuScale Power Corporation) are both stocks. NET operates in Software - Infrastructure (Technology), while SMR operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, NET returned 19.99%/yr vs 1.31%/yr for SMR. At a 0.26 correlation, their price movements are largely independent.
Performance
NET vs. SMR - Performance Comparison
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Returns By Period
In the year-to-date period, NET achieves a 19.56% return, which is significantly higher than SMR's -24.91% return.
NET
- 1D
- 3.16%
- 1M
- 19.31%
- YTD
- 19.56%
- 6M
- 19.83%
- 1Y
- 37.06%
- 3Y*
- 51.62%
- 5Y*
- 19.99%
- 10Y*
- —
SMR
- 1D
- 7.58%
- 1M
- -5.25%
- YTD
- -24.91%
- 6M
- -38.89%
- 1Y
- -72.59%
- 3Y*
- 9.20%
- 5Y*
- 1.31%
- 10Y*
- —
NET vs. SMR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NET Cloudflare, Inc. | 19.56% | 83.09% | 29.33% | 84.16% | -65.62% | 73.05% | -9.05% |
SMR NuScale Power Corporation | -24.91% | -20.97% | 444.98% | -67.93% | 2.29% | -0.89% | 1.20% |
Correlation
The correlation between NET and SMR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020 | 0.26 |
Fundamentals
NET:
$83.12B
SMR:
$3.40B
NET:
-$0.25
SMR:
-$2.02
NET:
35.27
SMR:
112.33
NET:
54.44
SMR:
2.92
NET:
$2.33B
SMR:
$18.10M
NET:
$1.71B
SMR:
$4.45M
NET:
$168.53M
SMR:
-$696.20M
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Return for Risk
NET vs. SMR — Risk / Return Rank
NET
SMR
NET vs. SMR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cloudflare, Inc. (NET) and NuScale Power Corporation (SMR). 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.
| NET | SMR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.89 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | -0.88 | +1.89 |
| Martin ratioReturn relative to average drawdown | 2.17 | -1.26 | +3.43 |
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Drawdowns
NET vs. SMR - Drawdown Comparison
The maximum NET drawdown since its inception was -82.58%, smaller than the maximum SMR drawdown of -87.47%. Use the drawdown chart below to compare losses from any high point for NET and SMR.
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Drawdown Indicators
| NET | SMR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.58% | -87.47% | +4.89% |
Max Drawdown (1Y)Largest decline over 1 year | -36.76% | -82.86% | +46.10% |
Max Drawdown (3Y)Largest decline over 3 years | -45.00% | -82.86% | +37.86% |
Max Drawdown (5Y)Largest decline over 5 years | -82.58% | -87.47% | +4.89% |
Current DrawdownCurrent decline from peak | -13.55% | -80.09% | +66.54% |
Average DrawdownAverage peak-to-trough decline | -37.50% | -35.11% | -2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.11% | 57.61% | -40.50% |
Volatility
NET vs. SMR - Volatility Comparison
The current volatility for Cloudflare, Inc. (NET) is 20.92%, while NuScale Power Corporation (SMR) has a volatility of 30.04%. This indicates that NET experiences smaller price fluctuations and is considered to be less risky than SMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NET | SMR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.92% | 30.04% | -9.12% |
Volatility (6M)Calculated over the trailing 6-month period | 53.98% | 69.85% | -15.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.15% | 103.01% | -42.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.54% | 93.60% | -25.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.76% | 89.33% | -21.57% |
Dividends
NET vs. SMR - Dividend Comparison
Neither NET nor SMR has paid dividends to shareholders.
Financials
NET vs. SMR - Financials Comparison
This section allows you to compare key financial metrics between Cloudflare, Inc. and NuScale Power Corporation. 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
NET and SMR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMR has higher volatility (30.04%) compared to NET (20.92%). In terms of maximum drawdown, NET dropped -82.58% vs SMR's -87.47%.
NET currently has the higher Sharpe Ratio (0.62 vs -0.71), 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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