SBET vs. CRCL

Last updated Jun 4, 2026

SBET (SharpLink Gaming Ltd.) and CRCL (Circle Internet Group, Inc) are both stocks. SBET operates in Gambling (Consumer Cyclical), while CRCL operates in Capital Markets (Financial Services). At a 0.39 correlation, their price movements are largely independent.

Performance

SBET vs. CRCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SharpLink Gaming Ltd. (SBET) 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, SBET achieves a -38.03% return, which is significantly lower than CRCL's 13.66% return.

SBET

• 1D: -4.65%
• 1M: -26.82%
• YTD: -38.03%
• 6M: -47.69%
• 1Y: -88.98%
• 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)

SBET vs. CRCL - Yearly Performance Comparison

	2026 (YTD)	2025
SBET SharpLink Gaming Ltd.	-38.03%	-84.90%
CRCL Circle Internet Group, Inc	13.66%	155.81%

Correlation

The correlation between SBET and CRCL is 0.39, 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 Jun 5, 2025	0.39

Fundamentals

EPS SBET : -$14.63 CRCL : -$0.54
PS Ratio SBET : 13.65 CRCL : 4.60
Total Revenue (TTM) SBET : $39.37M CRCL : $2.86B
Gross Profit (TTM) SBET : $37.65M CRCL : $57.27M
EBITDA (TTM) SBET : -$504.51M CRCL : -$129.43M

Return for Risk

SBET vs. CRCL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SBET

SBET Risk / Return Rank: 11
SBET Sharpe Ratio Rank: 14
SBET Sortino Ratio Rank: 13
SBET Omega Ratio Rank: 12
SBET Calmar Ratio Rank: 2
SBET Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SBET vs. CRCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SharpLink Gaming Ltd. (SBET) 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.

	SBET	CRCL	Difference
Sharpe ratio: Return per unit of total volatility	-0.62	—	—
Sortino ratio: Return per unit of downside risk	-0.85	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.98	—	—
Martin ratio: Return relative to average drawdown	-1.12	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SBET	CRCL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.94	-1.05

Drawdowns

SBET vs. CRCL - Drawdown Comparison

The maximum SBET drawdown since its inception was -93.01%, which is greater than CRCL's maximum drawdown of -80.93%. Use the drawdown chart below to compare losses from any high point for SBET and CRCL.

Drawdown Indicators

	SBET	CRCL	Difference
Max Drawdown Largest peak-to-trough decline	-93.01%	-80.93%	-12.08%
Max Drawdown (1Y) Largest decline over 1 year	-90.64%	—	—
Current Drawdown Current decline from peak	-93.01%	-65.79%	-27.22%
Average Drawdown Average peak-to-trough decline	-65.70%	-53.46%	-12.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	79.14%	—	—

Volatility

Volatility by Period

	SBET	CRCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	56.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	143.78%	205.16%	-61.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	341.43%	205.16%	+136.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	341.43%	205.16%	+136.27%

Dividends

SBET vs. CRCL - Dividend Comparison

Neither SBET nor CRCL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SBET and CRCL in my portfolio?

SBET and CRCL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.