BABA vs. JD
BABA (Alibaba Group Holding Limited) and JD (JD.com, Inc.) are both stocks. Both operate in the Internet Retail industry within the Consumer Cyclical sector. Over the past 10 years, BABA returned 6.04%/yr vs 4.12%/yr for JD. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
BABA vs. JD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BABA achieves a -10.75% return, which is significantly lower than JD's 8.80% return. Over the past 10 years, BABA has outperformed JD with an annualized return of 6.04%, while JD has yielded a comparatively lower 4.12% annualized return.
BABA
- 1D
- 4.32%
- 1M
- -0.52%
- YTD
- -10.75%
- 6M
- -18.81%
- 1Y
- 15.93%
- 3Y*
- 17.80%
- 5Y*
- -8.69%
- 10Y*
- 6.04%
JD
- 1D
- 3.64%
- 1M
- 0.63%
- YTD
- 8.80%
- 6M
- 3.91%
- 1Y
- -4.98%
- 3Y*
- -2.27%
- 5Y*
- -14.55%
- 10Y*
- 4.12%
BABA vs. JD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BABA Alibaba Group Holding Limited | -10.75% | 75.80% | 11.77% | -10.83% | -25.84% | -48.96% | 9.73% | 54.74% | -20.51% | 96.37% |
JD JD.com, Inc. | 8.80% | -14.78% | 23.45% | -47.76% | -17.87% | -20.28% | 149.50% | 68.32% | -49.47% | 62.81% |
Correlation
The correlation between BABA and JD is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2014 | 0.68 |
The correlation between BABA and JD has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.
Fundamentals
BABA:
$315.91B
JD:
$43.19B
BABA:
$33.90
JD:
$9.38
BABA:
3.86
JD:
3.21
BABA:
0.17
JD:
0.16
BABA:
0.39
JD:
0.03
BABA:
0.30
JD:
0.20
BABA:
$811.51B
JD:
$1.32T
BABA:
$332.88B
JD:
$126.44B
BABA:
$112.44B
JD:
$27.03B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BABA vs. JD — Risk / Return Rank
BABA
JD
BABA vs. JD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (BABA) and JD.com, Inc. (JD). 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.
| BABA | JD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.37 | -0.15 | +0.52 |
Sortino ratioReturn per unit of downside risk | 0.93 | 0.00 | +0.93 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.00 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.46 | -0.12 | +0.58 |
Martin ratioReturn relative to average drawdown | 0.91 | -0.25 | +1.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BABA | JD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | -0.15 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | -0.27 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | 0.09 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.09 | -0.01 |
Drawdowns
BABA vs. JD - Drawdown Comparison
The maximum BABA drawdown since its inception was -80.09%, roughly equal to the maximum JD drawdown of -79.12%. Use the drawdown chart below to compare losses from any high point for BABA and JD.
Loading charts...
Drawdown Indicators
| BABA | JD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.09% | -79.12% | -0.97% |
Max Drawdown (1Y)Largest decline over 1 year | -36.77% | -29.78% | -6.99% |
Max Drawdown (3Y)Largest decline over 3 years | -36.77% | -48.10% | +11.33% |
Max Drawdown (5Y)Largest decline over 5 years | -72.48% | -75.63% | +3.15% |
Max Drawdown (10Y)Largest decline over 10 years | -80.09% | -79.12% | -0.97% |
Current DrawdownCurrent decline from peak | -56.57% | -67.80% | +11.23% |
Average DrawdownAverage peak-to-trough decline | -37.51% | -37.55% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.51% | 14.75% | +3.76% |
Volatility
BABA vs. JD - Volatility Comparison
Alibaba Group Holding Limited (BABA) has a higher volatility of 14.56% compared to JD.com, Inc. (JD) at 12.13%. This indicates that BABA's price experiences larger fluctuations and is considered to be riskier than JD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BABA | JD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.56% | 12.13% | +2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 29.19% | 22.43% | +6.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.59% | 32.33% | +11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.35% | 53.76% | -2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.38% | 47.83% | -4.45% |
Dividends
BABA vs. JD - Dividend Comparison
BABA's dividend yield for the trailing twelve months is around 1.53%, less than JD's 3.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BABA Alibaba Group Holding Limited | 1.53% | 1.36% | 1.96% | 1.29% | 0.00% |
JD JD.com, Inc. | 3.32% | 3.48% | 2.19% | 2.15% | 2.24% |
Financials
BABA vs. JD - Financials Comparison
This section allows you to compare key financial metrics between Alibaba Group Holding Limited and JD.com, Inc.. 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
BABA vs. JD - Profitability Comparison
BABA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alibaba Group Holding Limited reported a gross profit of 11.75B and revenue of 35.15B. Therefore, the gross margin over that period was 33.4%.
JD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JD.com, Inc. reported a gross profit of 52.43B and revenue of 313.78B. Therefore, the gross margin over that period was 16.7%.
BABA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alibaba Group Holding Limited reported an operating income of -135.47M and revenue of 35.15B, resulting in an operating margin of -0.4%.
JD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JD.com, Inc. reported an operating income of 3.78B and revenue of 313.78B, resulting in an operating margin of 1.2%.
BABA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alibaba Group Holding Limited reported a net income of 3.69B and revenue of 35.15B, resulting in a net margin of 10.5%.
JD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JD.com, Inc. reported a net income of 5.07B and revenue of 313.78B, resulting in a net margin of 1.6%.
Frequently Asked Questions
BABA and JD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABA has higher volatility (14.56%) compared to JD (12.13%). In terms of maximum drawdown, BABA dropped -80.09% vs JD's -79.12%.
BABA currently has the higher Sharpe Ratio (0.37 vs -0.15), 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.
Find the right allocation for BABA and JD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer