WDH vs. CRDO

Last updated Apr 1, 2026

Compare and contrast key facts about Waterdrop Inc. (WDH) and Credo Technology Group Holding Ltd (CRDO).

Performance

WDH vs. CRDO - Performance Comparison

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

WDH vs. CRDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WDH Waterdrop Inc.	-14.74%	66.25%	19.17%	-68.77%	137.86%
CRDO Credo Technology Group Holding Ltd	-34.76%	114.09%	245.20%	46.28%	14.25%

Fundamentals

Market Cap WDH : $60.04M CRDO : $17.52B
EPS WDH : $2.18 CRDO : $1.84
PE Ratio WDH : 0.74 CRDO : 51.03
PEG Ratio WDH : 0.00 CRDO : 0.03
PS Ratio WDH : 0.11 CRDO : 16.23
PB Ratio WDH : 0.01 CRDO : 9.47
Total Revenue (TTM) WDH : $3.96B CRDO : $1.07B
Gross Profit (TTM) WDH : $2.02B CRDO : $724.47M
EBITDA (TTM) WDH : $369.70M CRDO : $340.31M

Returns By Period

In the year-to-date period, WDH achieves a -14.74% return, which is significantly higher than CRDO's -34.76% return.

WDH

• 1D: 2.53%
• 1M: -9.50%
• YTD: -14.74%
• 6M: -12.90%
• 1Y: 12.26%
• 3Y*: -16.25%
• 5Y*: —
• 10Y*: —

CRDO

• 1D: 6.90%
• 1M: -16.39%
• YTD: -34.76%
• 6M: -35.53%
• 1Y: 133.74%
• 3Y*: 115.19%
• 5Y*: —
• 10Y*: —

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

Return for Risk

WDH vs. CRDO — Risk / Return Rank

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

WDH

WDH Risk / Return Rank: 56
WDH Sharpe Ratio Rank: 51
WDH Sortino Ratio Rank: 50
WDH Omega Ratio Rank: 46
WDH Calmar Ratio Rank: 69
WDH Martin Ratio Rank: 64

CRDO

CRDO Risk / Return Rank: 82
CRDO Sharpe Ratio Rank: 87
CRDO Sortino Ratio Rank: 83
CRDO Omega Ratio Rank: 79
CRDO Calmar Ratio Rank: 82
CRDO Martin Ratio Rank: 82

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.

WDH vs. CRDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Waterdrop Inc. (WDH) 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.

	WDH	CRDO	Difference
Sharpe ratio Return per unit of total volatility	0.26	1.60	-1.35
Sortino ratio Return per unit of downside risk	0.76	2.21	-1.45
Omega ratio Gain probability vs. loss probability	1.09	1.27	-0.18
Calmar ratio Return relative to maximum drawdown	1.35	2.46	-1.11
Martin ratio Return relative to average drawdown	2.45	6.34	-3.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WDH vs. CRDO - Sharpe Ratio Comparison

The current WDH Sharpe Ratio is 0.26, which is lower than the CRDO Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of WDH and CRDO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WDH	CRDO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	1.60	-1.35
Sharpe Ratio (All Time) Calculated using the full available price history	-0.47	0.81	-1.28

Correlation

The correlation between WDH and CRDO is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WDH vs. CRDO - Dividend Comparison

WDH's dividend yield for the trailing twelve months is around 3.09%, while CRDO has not paid dividends to shareholders.

	TTM	2025	2024
WDH Waterdrop Inc.	3.09%	2.63%	5.08%
CRDO Credo Technology Group Holding Ltd	0.00%	0.00%	0.00%

Drawdowns

WDH vs. CRDO - Drawdown Comparison

The maximum WDH drawdown since its inception was -90.62%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for WDH and CRDO.

Drawdown Indicators

	WDH	CRDO	Difference
Max Drawdown Largest peak-to-trough decline	-90.62%	-62.04%	-28.58%
Max Drawdown (1Y) Largest decline over 1 year	-21.29%	-53.59%	+32.30%
Current Drawdown Current decline from peak	-81.89%	-50.38%	-31.51%
Average Drawdown Average peak-to-trough decline	-80.06%	-19.73%	-60.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.70%	20.77%	-9.07%

Volatility

WDH vs. CRDO - Volatility Comparison

The current volatility for Waterdrop Inc. (WDH) is 7.62%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 30.55%. This indicates that WDH experiences smaller price fluctuations and is considered to be less risky than CRDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDH	CRDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.62%	30.55%	-22.93%
Volatility (6M) Calculated over the trailing 6-month period	27.26%	63.14%	-35.88%
Volatility (1Y) Calculated over the trailing 1-year period	50.31%	83.94%	-33.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.57%	80.34%	-16.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.57%	80.34%	-16.77%

Financials

WDH vs. CRDO - Profitability Comparison

The chart below illustrates the profitability comparison between Waterdrop Inc. and Credo Technology Group Holding Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WDH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Waterdrop Inc. reported a gross profit of 723.78M and revenue of 1.39B. Therefore, the gross margin over that period was 52.0%.

CRDO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Credo Technology Group Holding Ltd reported a gross profit of 278.87M and revenue of 407.01M. Therefore, the gross margin over that period was 68.5%.

WDH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Waterdrop Inc. reported an operating income of 82.71M and revenue of 1.39B, resulting in an operating margin of 5.9%.

CRDO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Credo Technology Group Holding Ltd reported an operating income of 149.62M and revenue of 407.01M, resulting in an operating margin of 36.8%.

WDH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Waterdrop Inc. reported a net income of 159.88M and revenue of 1.39B, resulting in a net margin of 11.5%.

CRDO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Credo Technology Group Holding Ltd reported a net income of 157.14M and revenue of 407.01M, resulting in a net margin of 38.6%.