PENG vs. CRDO
PENG (Penguin Solutions, Inc) and CRDO (Credo Technology Group Holding Ltd) are both stocks. Both are in the Technology sector — PENG in Information Technology Services, CRDO in Semiconductors. Over the past 3 years, PENG returned 35.71%/yr vs 142.90%/yr for CRDO. At a 0.48 correlation, their price movements are largely independent.
Performance
PENG vs. CRDO - Performance Comparison
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Returns By Period
In the year-to-date period, PENG achieves a 227.86% return, which is significantly higher than CRDO's 74.31% return.
PENG
- 1D
- -0.31%
- 1M
- 29.71%
- YTD
- 227.86%
- 6M
- 207.73%
- 1Y
- 232.62%
- 3Y*
- 35.71%
- 5Y*
- 22.00%
- 10Y*
- —
CRDO
- 1D
- -5.27%
- 1M
- 35.91%
- YTD
- 74.31%
- 6M
- 74.28%
- 1Y
- 241.28%
- 3Y*
- 142.90%
- 5Y*
- —
- 10Y*
- —
PENG vs. CRDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PENG Penguin Solutions, Inc | 227.86% | 1.93% | 1.37% | 27.22% | -47.01% |
CRDO Credo Technology Group Holding Ltd | 74.31% | 114.09% | 245.20% | 46.28% | 10.00% |
Correlation
The correlation between PENG and CRDO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.48 |
Fundamentals
PENG:
$1.50
CRDO:
$2.50
PENG:
42.83
CRDO:
100.50
PENG:
19.22
CRDO:
0.09
PENG:
1.73
CRDO:
35.55
PENG:
$1.35B
CRDO:
$1.34B
PENG:
$381.14M
CRDO:
$908.35M
PENG:
$82.22M
CRDO:
$463.79M
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Return for Risk
PENG vs. CRDO — Risk / Return Rank
PENG
CRDO
PENG vs. CRDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Penguin Solutions, Inc (PENG) 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.
| PENG | CRDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.35 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.97 | 4.46 | +0.51 |
| Martin ratioReturn relative to average drawdown | 9.56 | 10.76 | -1.20 |
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Drawdowns
PENG vs. CRDO - Drawdown Comparison
The maximum PENG drawdown since its inception was -68.72%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for PENG and CRDO.
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Drawdown Indicators
| PENG | CRDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.72% | -62.04% | -6.68% |
Max Drawdown (1Y)Largest decline over 1 year | -44.57% | -53.59% | +9.02% |
Max Drawdown (3Y)Largest decline over 3 years | -54.84% | -61.05% | +6.21% |
Max Drawdown (5Y)Largest decline over 5 years | -65.40% | — | — |
Current DrawdownCurrent decline from peak | -10.19% | -5.27% | -4.92% |
Average DrawdownAverage peak-to-trough decline | -37.35% | -19.38% | -17.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.14% | 22.17% | +0.97% |
Volatility
PENG vs. CRDO - Volatility Comparison
Penguin Solutions, Inc (PENG) has a higher volatility of 31.44% compared to Credo Technology Group Holding Ltd (CRDO) at 28.41%. This indicates that PENG's price experiences larger fluctuations and is considered to be riskier 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
| PENG | CRDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.44% | 28.41% | +3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 52.45% | 65.16% | -12.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.52% | 85.70% | -22.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.51% | 81.50% | -21.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.70% | 81.50% | -18.80% |
Dividends
PENG vs. CRDO - Dividend Comparison
Neither PENG nor CRDO has paid dividends to shareholders.
Financials
PENG vs. CRDO - Financials Comparison
This section allows you to compare key financial metrics between Penguin Solutions, Inc 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
PENG vs. CRDO - Profitability Comparison
PENG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Penguin Solutions, Inc reported a gross profit of 93.70M and revenue of 343.00M. Therefore, the gross margin over that period was 27.3%.
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%.
PENG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Penguin Solutions, Inc reported an operating income of 25.69M and revenue of 343.00M, resulting in an operating margin of 7.5%.
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%.
PENG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Penguin Solutions, Inc reported a net income of 37.45M and revenue of 343.00M, resulting in a net margin of 10.9%.
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
PENG and CRDO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PENG has higher volatility (31.44%) compared to CRDO (28.41%). In terms of maximum drawdown, PENG dropped -68.72% vs CRDO's -62.04%.
PENG currently has the higher Sharpe Ratio (3.49 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.
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