BULL vs. DLO
BULL (Webull Corp) and DLO (DLocal Limited) are both stocks. Both are in the Technology sector — BULL in Software - Application, DLO in Software - Infrastructure. Over the past year, BULL returned -46.12% vs 9.35% for DLO. At a 0.32 correlation, their price movements are largely independent.
Performance
BULL vs. DLO - Performance Comparison
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Returns By Period
In the year-to-date period, BULL achieves a -24.07% return, which is significantly lower than DLO's -18.02% return.
BULL
- 1D
- -4.99%
- 1M
- -17.71%
- YTD
- -24.07%
- 6M
- -36.29%
- 1Y
- -46.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DLO
- 1D
- -2.81%
- 1M
- -15.36%
- YTD
- -18.02%
- 6M
- -12.18%
- 1Y
- 9.35%
- 3Y*
- 5.14%
- 5Y*
- -18.84%
- 10Y*
- —
BULL vs. DLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BULL Webull Corp | -24.07% | -35.36% |
DLO DLocal Limited | -18.02% | 73.06% |
Correlation
The correlation between BULL and DLO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2025 | 0.32 |
Fundamentals
BULL:
$3.10B
DLO:
$3.42B
BULL:
-$0.02
DLO:
$0.64
BULL:
4.78
DLO:
2.83
BULL:
3.05
DLO:
6.18
BULL:
$613.56M
DLO:
$1.21B
BULL:
$469.66M
DLO:
$436.56M
BULL:
$16.01M
DLO:
$280.42M
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Return for Risk
BULL vs. DLO — Risk / Return Rank
BULL
DLO
BULL vs. DLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Webull Corp (BULL) and DLocal Limited (DLO). 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.
| BULL | DLO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.67 | 0.17 | -0.85 |
Sortino ratioReturn per unit of downside risk | -0.81 | 0.72 | -1.53 |
Omega ratioGain probability vs. loss probability | 0.91 | 1.09 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | -0.63 | 0.31 | -0.93 |
Martin ratioReturn relative to average drawdown | -0.97 | 0.66 | -1.62 |
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
| BULL | DLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.67 | 0.17 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.24 | +0.11 |
Drawdowns
BULL vs. DLO - Drawdown Comparison
The maximum BULL drawdown since its inception was -92.64%, roughly equal to the maximum DLO drawdown of -89.99%. Use the drawdown chart below to compare losses from any high point for BULL and DLO.
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Drawdown Indicators
| BULL | DLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.64% | -89.99% | -2.65% |
Max Drawdown (1Y)Largest decline over 1 year | -73.90% | -30.45% | -43.45% |
Max Drawdown (3Y)Largest decline over 3 years | — | -68.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -89.99% | — |
Current DrawdownCurrent decline from peak | -90.62% | -82.38% | -8.24% |
Average DrawdownAverage peak-to-trough decline | -82.71% | -70.17% | -12.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.70% | 14.30% | +33.40% |
Volatility
BULL vs. DLO - Volatility Comparison
The current volatility for Webull Corp (BULL) is 13.51%, while DLocal Limited (DLO) has a volatility of 18.35%. This indicates that BULL experiences smaller price fluctuations and is considered to be less risky than DLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BULL | DLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.51% | 18.35% | -4.84% |
Volatility (6M)Calculated over the trailing 6-month period | 40.73% | 32.69% | +8.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.75% | 54.91% | +13.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 362.35% | 73.82% | +288.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 362.35% | 73.82% | +288.53% |
Dividends
BULL vs. DLO - Dividend Comparison
BULL has not paid dividends to shareholders, while DLO's dividend yield for the trailing twelve months is around 1.70%.
| Position | TTM | 2025 |
|---|---|---|
BULL Webull Corp | 0.00% | 0.00% |
DLO DLocal Limited | 1.70% | 3.71% |
Financials
BULL vs. DLO - Financials Comparison
This section allows you to compare key financial metrics between Webull Corp and DLocal Limited. 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
BULL vs. DLO - Profitability Comparison
BULL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Webull Corp reported a gross profit of 121.53M and revenue of 159.93M. Therefore, the gross margin over that period was 76.0%.
DLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DLocal Limited reported a gross profit of 118.68M and revenue of 335.86M. Therefore, the gross margin over that period was 35.3%.
BULL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Webull Corp reported an operating income of -2.38M and revenue of 159.93M, resulting in an operating margin of -1.5%.
DLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DLocal Limited reported an operating income of 53.55M and revenue of 335.86M, resulting in an operating margin of 15.9%.
BULL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Webull Corp reported a net income of -21.72M and revenue of 159.93M, resulting in a net margin of -13.6%.
DLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DLocal Limited reported a net income of 41.98M and revenue of 335.86M, resulting in a net margin of 12.5%.
Frequently Asked Questions
BULL and DLO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DLO has higher volatility (18.35%) compared to BULL (13.51%). In terms of maximum drawdown, BULL dropped -92.64% vs DLO's -89.99%.
DLO currently has the higher Sharpe Ratio (0.17 vs -0.67), 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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