BOXL vs. RLX

Last updated Jun 4, 2026

BOXL (Boxlight Corporation) and RLX (RLX Technology Inc.) are both stocks. BOXL operates in Communication Equipment (Technology), while RLX operates in Tobacco (Consumer Defensive). Over the past 5 years, BOXL returned -73.15%/yr vs -26.33%/yr for RLX. At a 0.15 correlation, their price movements are largely independent.

Performance

BOXL vs. RLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boxlight Corporation (BOXL) and RLX Technology Inc. (RLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOXL achieves a -48.82% return, which is significantly lower than RLX's -9.07% return.

BOXL

• 1D: -4.07%
• 1M: -17.92%
• YTD: -48.82%
• 6M: -82.86%
• 1Y: -91.71%
• 3Y*: -77.17%
• 5Y*: -73.15%
• 10Y*: —

RLX

• 1D: -1.93%
• 1M: -5.58%
• YTD: -9.07%
• 6M: -11.35%
• 1Y: 2.73%
• 3Y*: 6.27%
• 5Y*: -26.33%
• 10Y*: —

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

BOXL vs. RLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BOXL Boxlight Corporation	-48.82%	-85.15%	-64.34%	-56.97%	-77.48%	-33.65%
RLX RLX Technology Inc.	-9.07%	8.27%	8.60%	-12.65%	-41.03%	-86.78%

Correlation

The correlation between BOXL and RLX is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jan 25, 2021	0.15

Fundamentals

EPS BOXL : -$63.44 RLX : $0.76
PS Ratio BOXL : 0.00 RLX : 0.60
Total Revenue (TTM) BOXL : $82.61M RLX : $4.35B
Gross Profit (TTM) BOXL : $27.37M RLX : $1.44B
EBITDA (TTM) BOXL : $3.81M RLX : $513.06M

Return for Risk

BOXL vs. RLX — Risk / Return Rank

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

BOXL

BOXL Risk / Return Rank: 16
BOXL Sharpe Ratio Rank: 25
BOXL Sortino Ratio Rank: 17
BOXL Omega Ratio Rank: 18
BOXL Calmar Ratio Rank: 4
BOXL Martin Ratio Rank: 13

RLX

RLX Risk / Return Rank: 41
RLX Sharpe Ratio Rank: 44
RLX Sortino Ratio Rank: 39
RLX Omega Ratio Rank: 38
RLX Calmar Ratio Rank: 43
RLX Martin Ratio Rank: 43

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.

BOXL vs. RLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Boxlight Corporation (BOXL) and RLX Technology Inc. (RLX). 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.

	BOXL	RLX	Difference
Sharpe ratio Return per unit of total volatility	-0.37	0.09	-0.46
Sortino ratio Return per unit of downside risk	-0.63	0.38	-1.01
Omega ratio Gain probability vs. loss probability	0.93	1.04	-0.12
Calmar ratio Return relative to maximum drawdown	-0.94	0.11	-1.06
Martin ratio Return relative to average drawdown	-1.24	0.23	-1.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BOXL vs. RLX - Sharpe Ratio Comparison

The current BOXL Sharpe Ratio is -0.37, which is lower than the RLX Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of BOXL and RLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BOXL	RLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.37	0.09	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.41	-0.36	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	-0.49	+0.14

Drawdowns

BOXL vs. RLX - Drawdown Comparison

The maximum BOXL drawdown since its inception was -99.97%, roughly equal to the maximum RLX drawdown of -96.80%. Use the drawdown chart below to compare losses from any high point for BOXL and RLX.

Drawdown Indicators

	BOXL	RLX	Difference
Max Drawdown Largest peak-to-trough decline	-99.97%	-96.80%	-3.17%
Max Drawdown (1Y) Largest decline over 1 year	-97.36%	-24.02%	-73.34%
Max Drawdown (3Y) Largest decline over 3 years	-99.09%	-32.89%	-66.20%
Max Drawdown (5Y) Largest decline over 5 years	-99.89%	-90.47%	-9.42%
Current Drawdown Current decline from peak	-99.97%	-92.72%	-7.25%
Average Drawdown Average peak-to-trough decline	-87.08%	-88.72%	+1.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	73.62%	12.06%	+61.56%

Volatility

BOXL vs. RLX - Volatility Comparison

Boxlight Corporation (BOXL) has a higher volatility of 29.08% compared to RLX Technology Inc. (RLX) at 9.65%. This indicates that BOXL's price experiences larger fluctuations and is considered to be riskier than RLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOXL	RLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.08%	9.65%	+19.43%
Volatility (6M) Calculated over the trailing 6-month period	99.43%	21.22%	+78.21%
Volatility (1Y) Calculated over the trailing 1-year period	249.30%	31.14%	+218.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	180.14%	74.30%	+105.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	171.40%	79.91%	+91.49%

Dividends

BOXL vs. RLX - Dividend Comparison

BOXL has not paid dividends to shareholders, while RLX's dividend yield for the trailing twelve months is around 5.42%.

Position	TTM	2025	2024	2023
BOXL Boxlight Corporation	0.00%	0.00%	0.00%	0.00%
RLX RLX Technology Inc.	5.42%	0.43%	0.46%	0.50%

Financials

Frequently Asked Questions

Can I hold both BOXL and RLX in my portfolio?

BOXL and RLX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOXL or RLX?

BOXL has higher volatility (29.08%) compared to RLX (9.65%). In terms of maximum drawdown, BOXL dropped -99.97% vs RLX's -96.80%.

Which has better risk-adjusted returns?

RLX currently has the higher Sharpe Ratio (0.09 vs -0.37), 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.