CMCM vs. NFLX
CMCM (Cheetah Mobile Inc.) and NFLX (Netflix, Inc.) are both stocks. Both are in the Communication Services sector — CMCM in Internet Content & Information, NFLX in Entertainment. Over the past 10 years, CMCM returned -18.07%/yr vs 23.46%/yr for NFLX. At a 0.19 correlation, their price movements are largely independent.
Performance
CMCM vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, CMCM achieves a -32.67% return, which is significantly lower than NFLX's -12.35% return. Over the past 10 years, CMCM has underperformed NFLX with an annualized return of -18.07%, while NFLX has yielded a comparatively higher 23.46% annualized return.
CMCM
- 1D
- -1.94%
- 1M
- -24.63%
- YTD
- -32.67%
- 6M
- -41.19%
- 1Y
- -6.91%
- 3Y*
- 23.02%
- 5Y*
- -18.95%
- 10Y*
- -18.07%
NFLX
- 1D
- 0.76%
- 1M
- -6.90%
- YTD
- -12.35%
- 6M
- -18.02%
- 1Y
- -34.28%
- 3Y*
- 27.20%
- 5Y*
- 10.68%
- 10Y*
- 23.46%
CMCM vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMCM Cheetah Mobile Inc. | -32.67% | 30.43% | 101.75% | 23.91% | -73.14% | -23.89% | -16.41% | -32.69% | -49.42% | 26.36% |
NFLX Netflix, Inc. | -12.35% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between CMCM and NFLX is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 9, 2014 | 0.19 |
The correlation between CMCM and NFLX shifts across timeframes, from 0.07 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CMCM:
$2.51M
NFLX:
$353.25B
CMCM:
-$414.34
NFLX:
$3.09
CMCM:
0.00
NFLX:
7.58
CMCM:
0.00
NFLX:
11.35
CMCM:
$1.15B
NFLX:
$46.89B
CMCM:
$774.78M
NFLX:
$22.99B
CMCM:
$2.10M
NFLX:
$26.91B
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Return for Risk
CMCM vs. NFLX — Risk / Return Rank
CMCM
NFLX
CMCM vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cheetah Mobile Inc. (CMCM) and Netflix, Inc. (NFLX). 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.
| CMCM | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.81 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | -0.79 | +0.67 |
| Martin ratioReturn relative to average drawdown | -0.25 | -1.40 | +1.14 |
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
| CMCM | NFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.10 | -1.04 | +0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 0.25 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.25 | 0.57 | -0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | 0.57 | -0.80 |
Drawdowns
CMCM vs. NFLX - Drawdown Comparison
The maximum CMCM drawdown since its inception was -98.36%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for CMCM and NFLX.
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Drawdown Indicators
| CMCM | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.36% | -81.99% | -16.37% |
Max Drawdown (1Y)Largest decline over 1 year | -56.32% | -43.35% | -12.97% |
Max Drawdown (3Y)Largest decline over 3 years | -56.32% | -43.35% | -12.97% |
Max Drawdown (5Y)Largest decline over 5 years | -89.06% | -75.95% | -13.11% |
Max Drawdown (10Y)Largest decline over 10 years | -96.60% | -75.95% | -20.65% |
Current DrawdownCurrent decline from peak | -95.60% | -38.63% | -56.97% |
Average DrawdownAverage peak-to-trough decline | -77.90% | -24.90% | -53.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.36% | 24.59% | +2.77% |
Volatility
CMCM vs. NFLX - Volatility Comparison
Cheetah Mobile Inc. (CMCM) has a higher volatility of 14.16% compared to Netflix, Inc. (NFLX) at 6.59%. This indicates that CMCM's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMCM | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.16% | 6.59% | +7.57% |
Volatility (6M)Calculated over the trailing 6-month period | 38.49% | 25.21% | +13.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.66% | 33.09% | +39.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.66% | 43.09% | +31.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.15% | 41.51% | +31.64% |
Dividends
CMCM vs. NFLX - Dividend Comparison
Neither CMCM nor NFLX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CMCM Cheetah Mobile Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 80.00% | 13.77% |
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CMCM vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Cheetah Mobile Inc. and Netflix, 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
CMCM vs. NFLX - Profitability Comparison
CMCM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cheetah Mobile Inc. reported a gross profit of 146.12M and revenue of 304.59M. Therefore, the gross margin over that period was 48.0%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
CMCM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cheetah Mobile Inc. reported an operating income of -102.81M and revenue of 304.59M, resulting in an operating margin of -33.8%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
CMCM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cheetah Mobile Inc. reported a net income of -188.11M and revenue of 304.59M, resulting in a net margin of -61.8%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
CMCM and NFLX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMCM has higher volatility (14.16%) compared to NFLX (6.59%). In terms of maximum drawdown, CMCM dropped -98.36% vs NFLX's -81.99%.
CMCM currently has the higher Sharpe Ratio (-0.10 vs -1.04), 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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