BNGO vs. NIO

Last updated Jun 24, 2026

BNGO (Bionano Genomics, Inc.) and NIO (NIO Inc.) are both stocks. BNGO operates in Diagnostics & Research (Healthcare), while NIO operates in Auto Manufacturers (Consumer Cyclical). Over the past 5 years, BNGO returned -80.70%/yr vs -35.46%/yr for NIO. At a 0.35 correlation, their price movements are largely independent.

Performance

BNGO vs. NIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bionano Genomics, Inc. (BNGO) and NIO Inc. (NIO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNGO achieves a -24.84% return, which is significantly lower than NIO's -0.20% return.

BNGO

• 1D: 0.00%
• 1M: -7.26%
• YTD: -24.84%
• 6M: -24.84%
• 1Y: -64.83%
• 3Y*: -85.42%
• 5Y*: -80.70%
• 10Y*: —

NIO

• 1D: 0.79%
• 1M: -2.12%
• YTD: -0.20%
• 6M: 4.09%
• 1Y: 48.40%
• 3Y*: -15.48%
• 5Y*: -35.46%
• 10Y*: —

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

BNGO vs. NIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BNGO Bionano Genomics, Inc.	-24.84%	-91.16%	-84.74%	-87.05%	-51.17%	-2.92%	148.39%	-76.34%	-47.60%
NIO NIO Inc.	-0.20%	16.97%	-51.93%	-6.97%	-69.22%	-35.00%	1,112.44%	-36.89%	-27.45%

Correlation

The correlation between BNGO and NIO is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Sep 21, 2018	0.35

Over the past year, the correlation between BNGO and NIO has dropped to 0.09 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.

Fundamentals

EPS BNGO : -$6.55 NIO : -CN¥3.74
PS Ratio BNGO : 0.19 NIO : 0.83
Total Revenue (TTM) BNGO : $22.06M NIO : CN¥100.51B
Gross Profit (TTM) BNGO : $3.32M NIO : CN¥15.77B
EBITDA (TTM) BNGO : -$23.09M NIO : -CN¥7.54B

Return for Risk

BNGO vs. NIO — Risk / Return Rank

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

BNGO

BNGO Risk / Return Rank: 12
BNGO Sharpe Ratio Rank: 9
BNGO Sortino Ratio Rank: 11
BNGO Omega Ratio Rank: 8
BNGO Calmar Ratio Rank: 10
BNGO Martin Ratio Rank: 20

NIO

NIO Risk / Return Rank: 64
NIO Sharpe Ratio Rank: 67
NIO Sortino Ratio Rank: 67
NIO Omega Ratio Rank: 62
NIO Calmar Ratio Rank: 65
NIO Martin Ratio Rank: 61

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.

BNGO vs. NIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bionano Genomics, Inc. (BNGO) and NIO Inc. (NIO). 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.

	BNGO	NIO	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	0.78	-1.58
Sortino ratio: Return per unit of downside risk	-1.10	1.51	-2.61
Omega ratio: Gain probability vs. loss probability	0.83	1.17	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.83	1.11	-1.95
Martin ratio: Return relative to average drawdown	-1.04	1.92	-2.96

BNGO vs. NIO - Sharpe Ratio Comparison

The current BNGO Sharpe Ratio is -0.80, which is lower than the NIO Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of BNGO and NIO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BNGO vs. NIO - Drawdown Comparison

The maximum BNGO drawdown since its inception was -99.99%, which is greater than NIO's maximum drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for BNGO and NIO.

Drawdown Indicators

	BNGO	NIO	Difference
Max Drawdown Largest peak-to-trough decline	-99.99%	-95.00%	-4.99%
Max Drawdown (1Y) Largest decline over 1 year	-77.85%	-43.73%	-34.12%
Max Drawdown (3Y) Largest decline over 3 years	-99.72%	-79.69%	-20.03%
Max Drawdown (5Y) Largest decline over 5 years	-99.98%	-94.10%	-5.88%
Current Drawdown Current decline from peak	-99.99%	-91.90%	-8.09%
Average Drawdown Average peak-to-trough decline	-85.27%	-67.98%	-17.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	62.38%	25.33%	+37.05%

Volatility

BNGO vs. NIO - Volatility Comparison

The current volatility for Bionano Genomics, Inc. (BNGO) is 10.24%, while NIO Inc. (NIO) has a volatility of 17.07%. This indicates that BNGO experiences smaller price fluctuations and is considered to be less risky than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNGO	NIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.24%	17.07%	-6.83%
Volatility (6M) Calculated over the trailing 6-month period	44.87%	41.00%	+3.87%
Volatility (1Y) Calculated over the trailing 1-year period	80.99%	62.64%	+18.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.81%	71.59%	+18.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	191.30%	86.54%	+104.76%

Dividends

BNGO vs. NIO - Dividend Comparison

Neither BNGO nor NIO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BNGO and NIO in my portfolio?

BNGO and NIO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNGO or NIO?

NIO has higher volatility (17.07%) compared to BNGO (10.24%). In terms of maximum drawdown, BNGO dropped -99.99% vs NIO's -95.00%.

Which has better risk-adjusted returns?

NIO currently has the higher Sharpe Ratio (0.78 vs -0.80), 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.