TRT vs. CRDO

Last updated Jun 6, 2026

TRT (Trio-Tech International) and CRDO (Credo Technology Group Holding Ltd) are both stocks. Both are in the Technology sector — TRT in Semiconductor Equipment & Materials, CRDO in Communication Equipment. Over the past 3 years, TRT returned 62.95%/yr vs 135.90%/yr for CRDO. At a 0.15 correlation, their price movements are largely independent.

Performance

TRT vs. CRDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trio-Tech International (TRT) and Credo Technology Group Holding Ltd (CRDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRT achieves a 57.85% return, which is significantly higher than CRDO's 43.78% return.

TRT

• 1D: -17.52%
• 1M: -17.19%
• YTD: 57.85%
• 6M: 139.68%
• 1Y: 308.39%
• 3Y*: 62.95%
• 5Y*: 27.93%
• 10Y*: 18.07%

CRDO

• 1D: -4.88%
• 1M: 4.34%
• YTD: 43.78%
• 6M: 17.52%
• 1Y: 183.41%
• 3Y*: 135.90%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRT vs. CRDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TRT Trio-Tech International	57.85%	127.88%	14.60%	12.66%	-26.23%
CRDO Credo Technology Group Holding Ltd	43.78%	114.09%	245.20%	46.28%	14.25%

Correlation

The correlation between TRT and CRDO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jan 28, 2022	0.15

Fundamentals

Market Cap TRT : $101.87M CRDO : $39.86B
EPS TRT : $0.07 CRDO : $2.50
PE Ratio TRT : 146.73 CRDO : 82.90
PEG Ratio TRT : 16.18 CRDO : 0.07
PS Ratio TRT : 2.24 CRDO : 29.32
PB Ratio TRT : 2.97 CRDO : 19.32
Total Revenue (TTM) TRT : $41.83M CRDO : $1.34B
Gross Profit (TTM) TRT : $10.27M CRDO : $908.35M
EBITDA (TTM) TRT : $2.03M CRDO : $463.79M

Return for Risk

TRT vs. CRDO — Risk / Return Rank

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

TRT

TRT Risk / Return Rank: 93
TRT Sharpe Ratio Rank: 92
TRT Sortino Ratio Rank: 92
TRT Omega Ratio Rank: 92
TRT Calmar Ratio Rank: 95
TRT Martin Ratio Rank: 95

CRDO

CRDO Risk / Return Rank: 85
CRDO Sharpe Ratio Rank: 90
CRDO Sortino Ratio Rank: 84
CRDO Omega Ratio Rank: 80
CRDO Calmar Ratio Rank: 85
CRDO Martin Ratio Rank: 84

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.

TRT vs. CRDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trio-Tech International (TRT) 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.

	TRT	CRDO	Difference
Sharpe ratio: Return per unit of total volatility	2.49	2.18	+0.31
Sortino ratio: Return per unit of downside risk	3.43	2.61	+0.82
Omega ratio: Gain probability vs. loss probability	1.46	1.31	+0.16
Calmar ratio: Return relative to maximum drawdown	6.49	3.44	+3.04
Martin ratio: Return relative to average drawdown	18.75	8.31	+10.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRT vs. CRDO - Sharpe Ratio Comparison

The current TRT Sharpe Ratio is 2.49, which is comparable to the CRDO Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of TRT and CRDO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TRT	CRDO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	2.18	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	1.16	-1.05

Drawdowns

TRT vs. CRDO - Drawdown Comparison

The maximum TRT drawdown since its inception was -95.03%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for TRT and CRDO.

Drawdown Indicators

	TRT	CRDO	Difference
Max Drawdown Largest peak-to-trough decline	-95.03%	-62.04%	-32.99%
Max Drawdown (1Y) Largest decline over 1 year	-47.88%	-53.59%	+5.71%
Max Drawdown (3Y) Largest decline over 3 years	-47.88%	-61.05%	+13.17%
Max Drawdown (5Y) Largest decline over 5 years	-69.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-70.64%	—	—
Current Drawdown Current decline from peak	-47.88%	-12.35%	-35.53%
Average Drawdown Average peak-to-trough decline	-68.06%	-19.47%	-48.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.53%	22.17%	-5.64%

Volatility

TRT vs. CRDO - Volatility Comparison

Trio-Tech International (TRT) has a higher volatility of 67.42% compared to Credo Technology Group Holding Ltd (CRDO) at 28.60%. This indicates that TRT'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.

Volatility by Period

	TRT	CRDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	67.42%	28.60%	+38.82%
Volatility (6M) Calculated over the trailing 6-month period	107.40%	64.38%	+43.02%
Volatility (1Y) Calculated over the trailing 1-year period	124.81%	84.80%	+40.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.17%	81.37%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.90%	81.37%	-13.47%

Dividends

TRT vs. CRDO - Dividend Comparison

Neither TRT nor CRDO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TRT and CRDO in my portfolio?

TRT and CRDO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRT or CRDO?

TRT has higher volatility (67.42%) compared to CRDO (28.60%). In terms of maximum drawdown, TRT dropped -95.03% vs CRDO's -62.04%.

Which has better risk-adjusted returns?

TRT currently has the higher Sharpe Ratio (2.49 vs 2.18), 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.