BEKE vs. ZTO
BEKE (KE Holdings Inc.) and ZTO (ZTO Express (Cayman) Inc.) are both stocks. BEKE operates in Real Estate - Services (Real Estate), while ZTO operates in Integrated Freight & Logistics (Industrials). Over the past 5 years, BEKE returned -18.25%/yr vs -4.61%/yr for ZTO. At a 0.44 correlation, their price movements are largely independent.
Performance
BEKE vs. ZTO - Performance Comparison
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Returns By Period
In the year-to-date period, BEKE achieves a 4.44% return, which is significantly lower than ZTO's 7.48% return.
BEKE
- 1D
- 0.50%
- 1M
- -14.36%
- YTD
- 4.44%
- 6M
- -3.64%
- 1Y
- -12.41%
- 3Y*
- 1.40%
- 5Y*
- -18.25%
- 10Y*
- —
ZTO
- 1D
- -0.81%
- 1M
- -11.78%
- YTD
- 7.48%
- 6M
- 6.66%
- 1Y
- 33.11%
- 3Y*
- -3.48%
- 5Y*
- -4.61%
- 10Y*
- —
BEKE vs. ZTO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BEKE KE Holdings Inc. | 4.44% | -12.65% | 16.49% | 17.37% | -30.62% | -67.31% | 64.37% |
ZTO ZTO Express (Cayman) Inc. | 7.48% | 10.69% | -3.76% | -19.77% | -3.84% | -2.40% | -16.09% |
Correlation
The correlation between BEKE and ZTO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2020 | 0.44 |
The correlation between BEKE and ZTO shifts across timeframes, from 0.29 (1 year) to 0.48 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BEKE:
$18.33B
ZTO:
$17.64B
BEKE:
$2.95
ZTO:
$11.28
BEKE:
5.48
ZTO:
1.96
BEKE:
0.04
ZTO:
0.10
BEKE:
0.21
ZTO:
0.35
BEKE:
0.29
ZTO:
0.28
BEKE:
$90.03B
ZTO:
$51.23B
BEKE:
$19.92B
ZTO:
$12.75B
BEKE:
$6.67B
ZTO:
$11.93B
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Return for Risk
BEKE vs. ZTO — Risk / Return Rank
BEKE
ZTO
BEKE vs. ZTO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KE Holdings Inc. (BEKE) and ZTO Express (Cayman) Inc. (ZTO). 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.
| BEKE | ZTO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.32 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.23 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 2.28 | -2.73 |
| Martin ratioReturn relative to average drawdown | -0.88 | 5.73 | -6.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BEKE | ZTO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.35 | 1.28 | -1.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | -0.12 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.17 | 0.13 | -0.29 |
Drawdowns
BEKE vs. ZTO - Drawdown Comparison
The maximum BEKE drawdown since its inception was -88.26%, which is greater than ZTO's maximum drawdown of -57.06%. Use the drawdown chart below to compare losses from any high point for BEKE and ZTO.
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Drawdown Indicators
| BEKE | ZTO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.26% | -57.06% | -31.20% |
Max Drawdown (1Y)Largest decline over 1 year | -27.26% | -14.61% | -12.65% |
Max Drawdown (3Y)Largest decline over 3 years | -41.39% | -42.55% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -82.70% | -49.55% | -33.15% |
Current DrawdownCurrent decline from peak | -77.30% | -34.94% | -42.36% |
Average DrawdownAverage peak-to-trough decline | -67.93% | -25.12% | -42.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.10% | 5.79% | +8.31% |
Volatility
BEKE vs. ZTO - Volatility Comparison
KE Holdings Inc. (BEKE) has a higher volatility of 14.66% compared to ZTO Express (Cayman) Inc. (ZTO) at 4.45%. This indicates that BEKE's price experiences larger fluctuations and is considered to be riskier than ZTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BEKE | ZTO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.66% | 4.45% | +10.21% |
Volatility (6M)Calculated over the trailing 6-month period | 28.33% | 17.58% | +10.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.16% | 26.10% | +10.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.21% | 38.52% | +34.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.30% | 38.12% | +36.18% |
Dividends
BEKE vs. ZTO - Dividend Comparison
BEKE's dividend yield for the trailing twelve months is around 1.71%, less than ZTO's 3.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BEKE KE Holdings Inc. | 1.71% | 2.28% | 1.91% | 1.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZTO ZTO Express (Cayman) Inc. | 3.12% | 3.11% | 4.96% | 1.74% | 0.93% | 0.89% | 1.03% | 1.03% | 1.26% |
Financials
BEKE vs. ZTO - Financials Comparison
This section allows you to compare key financial metrics between KE Holdings Inc. and ZTO Express (Cayman) 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
BEKE vs. ZTO - Profitability Comparison
BEKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KE Holdings Inc. reported a gross profit of 4.53B and revenue of 18.78B. Therefore, the gross margin over that period was 24.1%.
ZTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ZTO Express (Cayman) Inc. reported a gross profit of 3.24B and revenue of 13.28B. Therefore, the gross margin over that period was 24.4%.
BEKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KE Holdings Inc. reported an operating income of 1.27B and revenue of 18.78B, resulting in an operating margin of 6.7%.
ZTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ZTO Express (Cayman) Inc. reported an operating income of 2.49B and revenue of 13.28B, resulting in an operating margin of 18.8%.
BEKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KE Holdings Inc. reported a net income of 1.25B and revenue of 18.78B, resulting in a net margin of 6.7%.
ZTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ZTO Express (Cayman) Inc. reported a net income of 2.12B and revenue of 13.28B, resulting in a net margin of 16.0%.
Frequently Asked Questions
BEKE and ZTO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEKE has higher volatility (14.66%) compared to ZTO (4.45%). In terms of maximum drawdown, BEKE dropped -88.26% vs ZTO's -57.06%.
ZTO currently has the higher Sharpe Ratio (1.28 vs -0.34), 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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