BABA vs. NFLX
BABA (Alibaba Group Holding Limited) and NFLX (Netflix, Inc.) are both stocks. BABA operates in Internet Retail (Consumer Cyclical), while NFLX operates in Entertainment (Communication Services). Over the past 10 years, BABA returned 4.48%/yr vs 22.59%/yr for NFLX. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
BABA vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, BABA achieves a -15.83% return, which is significantly higher than NFLX's -23.52% return. Over the past 10 years, BABA has underperformed NFLX with an annualized return of 4.48%, while NFLX has yielded a comparatively higher 22.59% annualized return.
BABA
- 1D
- 5.10%
- 1M
- 27.16%
- 6M
- -27.24%
- YTD
- -15.83%
- 1Y
- 5.38%
- 3Y*
- 9.08%
- 5Y*
- -7.82%
- 10Y*
- 4.48%
- ALL TIME*
- 2.89%
NFLX
- 1D
- -2.00%
- 1M
- -7.65%
- 6M
- -14.11%
- YTD
- -23.52%
- 1Y
- -38.11%
- 3Y*
- 17.81%
- 5Y*
- 6.74%
- 10Y*
- 22.59%
- ALL TIME*
- 30.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.13B | $1.37B | $1.51B | |
NFLX Netflix, Inc. | $3.27B | $3.56B | $3.41B |
BABA vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BABA Alibaba Group Holding Limited | -15.83% | 75.80% | 11.77% | -10.83% | -25.84% | -48.96% | 9.73% | 54.74% | -20.51% | 96.37% |
NFLX Netflix, Inc. | -23.52% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between BABA and NFLX is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2014 | 0.33 |
Over the past year, the correlation between BABA and NFLX has dropped to 0.04 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
BABA:
$293.02B
NFLX:
$298.60B
BABA:
CN¥33.85
NFLX:
$3.17
BABA:
24.38
NFLX:
22.61
BABA:
1.09
NFLX:
0.90
BABA:
2.45
NFLX:
6.38
BABA:
1.89
NFLX:
10.13
BABA:
CN¥811.51B
NFLX:
$48.37B
BABA:
CN¥332.88B
NFLX:
$23.76B
BABA:
CN¥112.44B
NFLX:
$30.55B
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Return for Risk
BABA vs. NFLX — Risk / Return Rank
BABA
NFLX
BABA vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (BABA) and Netflix, Inc. (NFLX). 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.
| BABA | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.80 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | -0.82 | +0.87 |
| Martin ratioReturn relative to average drawdown | 0.09 | -1.45 | +1.54 |
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Drawdowns
BABA vs. NFLX - Drawdown Comparison
The maximum BABA drawdown since its inception was -80.09%, roughly equal to the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for BABA and NFLX.
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Drawdown Indicators
| BABA | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.09% | -81.99% | +1.90% |
Max Drawdown (1Y)Largest decline over 1 year | -49.47% | -46.49% | -2.98% |
Max Drawdown (3Y)Largest decline over 3 years | -49.47% | -49.52% | +0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -68.54% | -75.95% | +7.41% |
Max Drawdown (10Y)Largest decline over 10 years | -80.09% | -75.95% | -4.14% |
Current DrawdownCurrent decline from peak | -59.04% | -46.45% | -12.59% |
Average DrawdownAverage peak-to-trough decline | -37.84% | -25.02% | -12.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.79% | 26.37% | -1.58% |
Volatility
BABA vs. NFLX - Volatility Comparison
Alibaba Group Holding Limited (BABA) has a higher volatility of 14.17% compared to Netflix, Inc. (NFLX) at 11.07%. This indicates that BABA's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BABA | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.17% | 11.07% | +3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 29.11% | 27.83% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.09% | 34.79% | +10.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.60% | 43.50% | +8.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.64% | 41.35% | +2.29% |
Dividends
BABA vs. NFLX - Dividend Comparison
BABA's dividend yield for the trailing twelve months is around 0.86%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BABA Alibaba Group Holding Limited | 0.86% | 1.36% | 1.96% | 1.29% |
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BABA vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Alibaba Group Holding Limited and Netflix, 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. NFLX - Profitability Comparison
BABA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Netflix, Inc. reported a gross profit of 6.52B and revenue of 12.56B. Therefore, the gross margin over that period was 51.9%.
BABA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Netflix, Inc. reported an operating income of 4.19B and revenue of 12.56B, resulting in an operating margin of 33.4%.
BABA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Netflix, Inc. reported a net income of 3.40B and revenue of 12.56B, resulting in a net margin of 27.1%.
Frequently Asked Questions
BABA and NFLX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABA has higher volatility (14.17%) compared to NFLX (11.07%). In terms of maximum drawdown, BABA dropped -80.09% vs NFLX's -81.99%.
BABA currently has the higher Sharpe Ratio (0.05 vs -1.10), 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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