CANG vs. MARA
CANG (Cango Inc.) and MARA (MARA Holdings, Inc.) are both stocks. CANG operates in Internet Content & Information (Communication Services), while MARA operates in Capital Markets (Financial Services). Over the past 5 years, CANG returned -17.24%/yr vs -12.02%/yr for MARA. At a 0.18 correlation, their price movements are largely independent.
Performance
CANG vs. MARA - Performance Comparison
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Returns By Period
In the year-to-date period, CANG achieves a -78.00% return, which is significantly lower than MARA's 53.45% return.
CANG
- 1D
- 0.30%
- 1M
- -52.24%
- YTD
- -78.00%
- 6M
- -72.27%
- 1Y
- -87.31%
- 3Y*
- -18.07%
- 5Y*
- -17.24%
- 10Y*
- —
MARA
- 1D
- 11.85%
- 1M
- 6.49%
- YTD
- 53.45%
- 6M
- 14.36%
- 1Y
- -12.67%
- 3Y*
- 13.68%
- 5Y*
- -12.02%
- 10Y*
- -10.80%
CANG vs. MARA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CANG Cango Inc. | -78.00% | -31.82% | 331.37% | -22.02% | 35.99% | -50.19% | -19.72% | 19.71% | -36.48% |
MARA MARA Holdings, Inc. | 53.45% | -46.45% | -28.61% | 586.84% | -89.59% | 214.75% | 1,084.48% | -39.16% | -71.14% |
Correlation
The correlation between CANG and MARA is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018 | 0.18 |
Over the past year, CANG and MARA have become more correlated (0.43) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
CANG:
$118.34M
MARA:
$5.24B
CANG:
-$10.61
MARA:
-$4.95
CANG:
0.05
MARA:
6.54
CANG:
$2.32B
MARA:
$867.82M
CANG:
-$783.34M
MARA:
$164.95M
CANG:
-$1.82B
MARA:
$373.68M
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Return for Risk
CANG vs. MARA — Risk / Return Rank
CANG
MARA
CANG vs. MARA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cango Inc. (CANG) and MARA Holdings, Inc. (MARA). 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.
| CANG | MARA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.04 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.18 | -0.81 |
| Martin ratioReturn relative to average drawdown | -1.64 | -0.30 | -1.34 |
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
| CANG | MARA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.86 | -0.16 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | -0.11 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.22 | -0.09 | -0.13 |
Drawdowns
CANG vs. MARA - Drawdown Comparison
The maximum CANG drawdown since its inception was -91.77%, smaller than the maximum MARA drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for CANG and MARA.
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Drawdown Indicators
| CANG | MARA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.77% | -99.74% | +7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -88.04% | -70.53% | -17.51% |
Max Drawdown (3Y)Largest decline over 3 years | -91.77% | -78.34% | -13.43% |
Max Drawdown (5Y)Largest decline over 5 years | -91.78% | -95.87% | +4.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.20% | — |
Current DrawdownCurrent decline from peak | -91.75% | -91.09% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -59.79% | -78.01% | +18.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.31% | 42.27% | +11.04% |
Volatility
CANG vs. MARA - Volatility Comparison
Cango Inc. (CANG) has a higher volatility of 39.70% compared to MARA Holdings, Inc. (MARA) at 22.21%. This indicates that CANG's price experiences larger fluctuations and is considered to be riskier than MARA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CANG | MARA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.70% | 22.21% | +17.49% |
Volatility (6M)Calculated over the trailing 6-month period | 90.51% | 60.03% | +30.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.07% | 78.82% | +23.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.80% | 106.02% | -23.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.81% | 144.17% | -60.36% |
Dividends
CANG vs. MARA - Dividend Comparison
Neither CANG nor MARA has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CANG Cango Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 229.36% | 31.85% | 3.57% | 2.73% |
MARA MARA Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CANG vs. MARA - Financials Comparison
This section allows you to compare key financial metrics between Cango Inc. and MARA Holdings, 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
Frequently Asked Questions
CANG and MARA have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CANG has higher volatility (39.70%) compared to MARA (22.21%). In terms of maximum drawdown, CANG dropped -91.77% vs MARA's -99.74%.
MARA currently has the higher Sharpe Ratio (-0.16 vs -0.86), 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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