RELY vs. CRS
RELY (Remitly Global, Inc.) and CRS (Carpenter Technology Corporation) are both stocks. RELY operates in Software - Infrastructure (Technology), while CRS operates in Metal Fabrication (Industrials). Over the past 3 years, RELY returned 4.00%/yr vs 125.83%/yr for CRS. At a 0.23 correlation, their price movements are largely independent.
Performance
RELY vs. CRS - Performance Comparison
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Returns By Period
In the year-to-date period, RELY achieves a 52.90% return, which is significantly lower than CRS's 86.47% return.
RELY
- 1D
- 3.28%
- 1M
- -2.22%
- YTD
- 52.90%
- 6M
- 44.32%
- 1Y
- 4.82%
- 3Y*
- 4.00%
- 5Y*
- —
- 10Y*
- —
CRS
- 1D
- 1.91%
- 1M
- 35.09%
- YTD
- 86.47%
- 6M
- 79.45%
- 1Y
- 131.77%
- 3Y*
- 125.83%
- 5Y*
- 72.99%
- 10Y*
- 34.84%
RELY vs. CRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RELY Remitly Global, Inc. | 52.90% | -38.86% | 16.22% | 69.61% | -44.47% | -61.02% |
CRS Carpenter Technology Corporation | 86.47% | 86.23% | 141.72% | 94.48% | 29.50% | -8.32% |
Correlation
The correlation between RELY and CRS is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.23 |
Fundamentals
RELY:
$4.58B
CRS:
$29.50B
RELY:
$0.49
CRS:
$9.51
RELY:
43.39
CRS:
61.70
RELY:
0.23
CRS:
0.05
RELY:
2.65
CRS:
9.76
RELY:
5.05
CRS:
14.27
RELY:
$1.73B
CRS:
$3.03B
RELY:
$753.03M
CRS:
$900.50M
RELY:
$142.85M
CRS:
$745.50M
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Return for Risk
RELY vs. CRS — Risk / Return Rank
RELY
CRS
RELY vs. CRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) and Carpenter Technology Corporation (CRS). 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.
| RELY | CRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.75 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.45 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 7.08 | -7.01 |
| Martin ratioReturn relative to average drawdown | 0.12 | 16.67 | -16.55 |
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Drawdowns
RELY vs. CRS - Drawdown Comparison
The maximum RELY drawdown since its inception was -86.99%, roughly equal to the maximum CRS drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for RELY and CRS.
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Drawdown Indicators
| RELY | CRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.99% | -84.68% | -2.31% |
Max Drawdown (1Y)Largest decline over 1 year | -40.08% | -19.08% | -21.00% |
Max Drawdown (3Y)Largest decline over 3 years | -57.92% | -28.74% | -29.18% |
Max Drawdown (5Y)Largest decline over 5 years | — | -41.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.70% | — |
Current DrawdownCurrent decline from peak | -60.11% | 0.00% | -60.11% |
Average DrawdownAverage peak-to-trough decline | -67.40% | -27.22% | -40.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.92% | 8.09% | +14.83% |
Volatility
RELY vs. CRS - Volatility Comparison
Remitly Global, Inc. (RELY) has a higher volatility of 13.78% compared to Carpenter Technology Corporation (CRS) at 10.47%. This indicates that RELY's price experiences larger fluctuations and is considered to be riskier than CRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RELY | CRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.78% | 10.47% | +3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 37.91% | 33.61% | +4.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.49% | 48.34% | +7.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.08% | 46.61% | +12.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.08% | 48.89% | +10.19% |
Dividends
RELY vs. CRS - Dividend Comparison
RELY has not paid dividends to shareholders, while CRS's dividend yield for the trailing twelve months is around 0.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 0.14% | 0.25% | 0.47% | 1.13% | 2.17% | 2.74% | 2.75% | 1.61% | 2.13% | 1.41% | 1.99% | 2.38% |
RELY Remitly Global, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RELY vs. CRS - Financials Comparison
This section allows you to compare key financial metrics between Remitly Global, Inc. and Carpenter Technology 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
RELY vs. CRS - Profitability Comparison
RELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a gross profit of 0.00 and revenue of 452.80M. Therefore, the gross margin over that period was 0.0%.
CRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported a gross profit of 251.80M and revenue of 811.50M. Therefore, the gross margin over that period was 31.0%.
RELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.
CRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported an operating income of 186.50M and revenue of 811.50M, resulting in an operating margin of 23.0%.
RELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.
CRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported a net income of 139.60M and revenue of 811.50M, resulting in a net margin of 17.2%.
Frequently Asked Questions
RELY and CRS have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RELY has higher volatility (13.78%) compared to CRS (10.47%). In terms of maximum drawdown, RELY dropped -86.99% vs CRS's -84.68%.
CRS currently has the higher Sharpe Ratio (2.80 vs 0.05), 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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