CAN vs. TIGR

Last updated Jun 9, 2026

CAN (Canaan Inc.) and TIGR (UP Fintech Holding Limited) are both stocks. CAN operates in Computer Hardware (Technology), while TIGR operates in Capital Markets (Financial Services). Over the past 5 years, CAN returned -48.54%/yr vs -29.56%/yr for TIGR. At a 0.37 correlation, their price movements are largely independent.

Performance

CAN vs. TIGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canaan Inc. (CAN) and UP Fintech Holding Limited (TIGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CAN achieves a -48.65% return, which is significantly higher than TIGR's -51.15% return.

CAN

• 1D: -1.06%
• 1M: -30.46%
• YTD: -48.65%
• 6M: -62.18%
• 1Y: -40.84%
• 3Y*: -44.92%
• 5Y*: -48.54%
• 10Y*: —

TIGR

• 1D: 4.24%
• 1M: -27.71%
• YTD: -51.15%
• 6M: -49.84%
• 1Y: -44.67%
• 3Y*: 13.55%
• 5Y*: -29.56%
• 10Y*: —

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

CAN vs. TIGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CAN Canaan Inc.	-48.65%	-66.34%	-11.26%	12.14%	-60.00%	-13.15%	-2.79%	-32.22%
TIGR UP Fintech Holding Limited	-51.15%	47.99%	46.15%	29.62%	-30.55%	-38.16%	123.66%	-1.93%

Correlation

The correlation between CAN and TIGR is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Nov 21, 2019	0.37

The correlation between CAN and TIGR shifts across timeframes, from 0.33 (3 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CAN : $244.97M TIGR : $831.15M
EPS CAN : -$0.38 TIGR : $0.62
PS Ratio CAN : 0.39 TIGR : 1.34
PB Ratio CAN : 0.64 TIGR : 0.99
Total Revenue (TTM) CAN : $510.04M TIGR : $645.56M
Gross Profit (TTM) CAN : $17.56M TIGR : $533.82M
EBITDA (TTM) CAN : -$144.51M TIGR : $236.90M

Return for Risk

CAN vs. TIGR — Risk / Return Rank

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

CAN

CAN Risk / Return Rank: 31
CAN Sharpe Ratio Rank: 28
CAN Sortino Ratio Rank: 37
CAN Omega Ratio Rank: 35
CAN Calmar Ratio Rank: 25
CAN Martin Ratio Rank: 28

TIGR

TIGR Risk / Return Rank: 14
TIGR Sharpe Ratio Rank: 13
TIGR Sortino Ratio Rank: 15
TIGR Omega Ratio Rank: 16
TIGR Calmar Ratio Rank: 17
TIGR Martin Ratio Rank: 10

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.

CAN vs. TIGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) and UP Fintech Holding Limited (TIGR). 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.

	CAN	TIGR	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	-0.67	+0.33
Sortino ratio: Return per unit of downside risk	0.22	-0.77	+0.98
Omega ratio: Gain probability vs. loss probability	1.02	0.91	+0.12
Calmar ratio: Return relative to maximum drawdown	-0.50	-0.67	+0.18
Martin ratio: Return relative to average drawdown	-0.75	-1.35	+0.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAN vs. TIGR - Sharpe Ratio Comparison

The current CAN Sharpe Ratio is -0.34, which is higher than the TIGR Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of CAN and TIGR, 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

	CAN	TIGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.34	-0.67	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.44	-0.36	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	-0.12	-0.19

Drawdowns

CAN vs. TIGR - Drawdown Comparison

The maximum CAN drawdown since its inception was -99.03%, which is greater than TIGR's maximum drawdown of -93.65%. Use the drawdown chart below to compare losses from any high point for CAN and TIGR.

Drawdown Indicators

	CAN	TIGR	Difference
Max Drawdown Largest peak-to-trough decline	-99.03%	-93.65%	-5.38%
Max Drawdown (1Y) Largest decline over 1 year	-82.72%	-66.44%	-16.28%
Max Drawdown (3Y) Largest decline over 3 years	-88.89%	-66.44%	-22.45%
Max Drawdown (5Y) Largest decline over 5 years	-96.69%	-92.04%	-4.65%
Current Drawdown Current decline from peak	-99.03%	-87.28%	-11.75%
Average Drawdown Average peak-to-trough decline	-83.78%	-77.94%	-5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	54.77%	33.03%	+21.74%

Volatility

CAN vs. TIGR - Volatility Comparison

The current volatility for Canaan Inc. (CAN) is 21.07%, while UP Fintech Holding Limited (TIGR) has a volatility of 35.71%. This indicates that CAN experiences smaller price fluctuations and is considered to be less risky than TIGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAN	TIGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.07%	35.71%	-14.64%
Volatility (6M) Calculated over the trailing 6-month period	60.03%	48.46%	+11.57%
Volatility (1Y) Calculated over the trailing 1-year period	120.30%	67.34%	+52.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	111.48%	83.00%	+28.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.47%	89.75%	+36.72%

Dividends

CAN vs. TIGR - Dividend Comparison

Neither CAN nor TIGR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CAN and TIGR in my portfolio?

CAN and TIGR have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CAN or TIGR?

TIGR has higher volatility (35.71%) compared to CAN (21.07%). In terms of maximum drawdown, CAN dropped -99.03% vs TIGR's -93.65%.

Which has better risk-adjusted returns?

CAN currently has the higher Sharpe Ratio (-0.34 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.