CRM vs. PDD
CRM (Salesforce, Inc.) and PDD (PDD Holdings Inc.) are both stocks. CRM operates in Software - Application (Technology), while PDD operates in Internet Retail (Consumer Cyclical). Over the past 5 years, CRM returned -5.00%/yr vs -0.67%/yr for PDD. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
CRM vs. PDD - Performance Comparison
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Returns By Period
In the year-to-date period, CRM achieves a -30.18% return, which is significantly lower than PDD's -21.90% return.
CRM
- 1D
- 1.83%
- 1M
- 12.74%
- 6M
- -12.88%
- YTD
- -30.18%
- 1Y
- -28.16%
- 3Y*
- -5.84%
- 5Y*
- -5.00%
- 10Y*
- 8.81%
- ALL TIME*
- 19.35%
PDD
- 1D
- 1.28%
- 1M
- 7.32%
- 6M
- -12.36%
- YTD
- -21.90%
- 1Y
- -21.94%
- 3Y*
- -0.57%
- 5Y*
- -0.67%
- 10Y*
- —
- ALL TIME*
- 16.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.36B | $2.15B | $2.56B | |
| $489.49M | $566.14M | $770.02M |
CRM vs. PDD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CRM Salesforce, Inc. | -30.18% | -20.25% | 27.76% | 98.46% | -47.83% | 14.20% | 36.82% | 18.74% | -7.99% |
PDD PDD Holdings Inc. | -21.90% | 16.91% | -33.71% | 79.41% | 39.88% | -67.19% | 369.78% | 68.54% | -15.32% |
Correlation
The correlation between CRM and PDD is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018 | 0.31 |
The correlation between CRM and PDD shifts across timeframes, from 0.17 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CRM:
$150.71B
PDD:
$126.06B
CRM:
$8.68
PDD:
CN¥64.36
CRM:
21.20
PDD:
9.29
CRM:
0.04
PDD:
0.08
CRM:
3.97
PDD:
2.01
CRM:
4.68
PDD:
2.10
CRM:
$42.83B
PDD:
CN¥441.76B
CRM:
$33.25B
PDD:
CN¥247.30B
CRM:
$12.32B
PDD:
CN¥134.30B
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Return for Risk
CRM vs. PDD — Risk / Return Rank
CRM
PDD
CRM vs. PDD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Salesforce, Inc. (CRM) and PDD Holdings Inc. (PDD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRM | PDD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.91 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | -0.47 | -0.18 |
| Martin ratioReturn relative to average drawdown | -1.20 | -0.90 | -0.30 |
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Drawdowns
CRM vs. PDD - Drawdown Comparison
The maximum CRM drawdown since its inception was -70.50%, smaller than the maximum PDD drawdown of -87.41%. Use the drawdown chart below to compare losses from any high point for CRM and PDD.
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Drawdown Indicators
| CRM | PDD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.50% | -87.41% | +16.91% |
Max Drawdown (1Y)Largest decline over 1 year | -43.33% | -46.93% | +3.60% |
Max Drawdown (3Y)Largest decline over 3 years | -58.67% | -53.48% | -5.19% |
Max Drawdown (5Y)Largest decline over 5 years | -58.67% | -76.30% | +17.63% |
Max Drawdown (10Y)Largest decline over 10 years | -58.67% | — | — |
Current DrawdownCurrent decline from peak | -49.34% | -56.34% | +7.00% |
Average DrawdownAverage peak-to-trough decline | -16.37% | -39.65% | +23.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.55% | 24.37% | -0.82% |
Volatility
CRM vs. PDD - Volatility Comparison
Salesforce, Inc. (CRM) has a higher volatility of 14.40% compared to PDD Holdings Inc. (PDD) at 7.74%. This indicates that CRM's price experiences larger fluctuations and is considered to be riskier than PDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRM | PDD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.40% | 7.74% | +6.66% |
Volatility (6M)Calculated over the trailing 6-month period | 33.51% | 26.27% | +7.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.11% | 33.67% | +7.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.77% | 67.32% | -29.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.70% | 68.97% | -33.27% |
Dividends
CRM vs. PDD - Dividend Comparison
CRM's dividend yield for the trailing twelve months is around 0.93%, while PDD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CRM Salesforce, Inc. | 0.93% | 0.63% | 0.48% |
PDD PDD Holdings Inc. | 0.00% | 0.00% | 0.00% |
Financials
CRM vs. PDD - Financials Comparison
This section allows you to compare key financial metrics between Salesforce, Inc. and PDD 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
CRM vs. PDD - Profitability Comparison
CRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Salesforce, Inc. reported a gross profit of 8.56B and revenue of 11.13B. Therefore, the gross margin over that period was 76.9%.
PDD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, PDD Holdings Inc. reported a gross profit of 58.98B and revenue of 105.59B. Therefore, the gross margin over that period was 55.9%.
CRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Salesforce, Inc. reported an operating income of 2.35B and revenue of 11.13B, resulting in an operating margin of 21.1%.
PDD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, PDD Holdings Inc. reported an operating income of 21.02B and revenue of 105.59B, resulting in an operating margin of 19.9%.
CRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Salesforce, Inc. reported a net income of 2.11B and revenue of 11.13B, resulting in a net margin of 18.9%.
PDD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, PDD Holdings Inc. reported a net income of 12.47B and revenue of 105.59B, resulting in a net margin of 11.8%.
Frequently Asked Questions
CRM and PDD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRM has higher volatility (14.40%) compared to PDD (7.74%). In terms of maximum drawdown, CRM dropped -70.50% vs PDD's -87.41%.
PDD currently has the higher Sharpe Ratio (-0.65 vs -0.69), 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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