DAO vs. CURI

Last updated Jun 4, 2026

DAO (Youdao, Inc.) and CURI (CuriosityStream Inc.) are both stocks. DAO operates in Software - Application (Technology), while CURI operates in Broadcasting (Communication Services). Over the past 5 years, DAO returned -13.15%/yr vs -21.73%/yr for CURI. At a 0.17 correlation, their price movements are largely independent.

Performance

DAO vs. CURI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Youdao, Inc. (DAO) and CuriosityStream Inc. (CURI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DAO achieves a 12.90% return, which is significantly higher than CURI's -17.79% return.

DAO

• 1D: -1.64%
• 1M: 1.79%
• YTD: 12.90%
• 6M: 15.65%
• 1Y: 27.29%
• 3Y*: 33.62%
• 5Y*: -13.15%
• 10Y*: —

CURI

• 1D: -6.73%
• 1M: -3.79%
• YTD: -17.79%
• 6M: -30.31%
• 1Y: -51.30%
• 3Y*: 58.97%
• 5Y*: -21.73%
• 10Y*: —

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

DAO vs. CURI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DAO Youdao, Inc.	12.90%	36.22%	87.82%	-26.77%	-56.89%	-52.96%	68.77%
CURI CuriosityStream Inc.	-17.79%	170.26%	197.97%	-52.62%	-80.78%	-57.49%	39.50%

Correlation

The correlation between DAO and CURI is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 9, 2020	0.17

The correlation between DAO and CURI shifts across timeframes, from 0.08 (3 years) to 0.18 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap DAO : $1.37B CURI : $179.79M
EPS DAO : $0.58 CURI : -$0.14
PS Ratio DAO : 0.23 CURI : 2.46
Total Revenue (TTM) DAO : $5.96B CURI : $71.73M
Gross Profit (TTM) DAO : $2.60B CURI : $41.04M
EBITDA (TTM) DAO : $134.92M CURI : $2.19M

Return for Risk

DAO vs. CURI — Risk / Return Rank

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

DAO

DAO Risk / Return Rank: 58
DAO Sharpe Ratio Rank: 59
DAO Sortino Ratio Rank: 57
DAO Omega Ratio Rank: 55
DAO Calmar Ratio Rank: 60
DAO Martin Ratio Rank: 60

CURI

CURI Risk / Return Rank: 9
CURI Sharpe Ratio Rank: 10
CURI Sortino Ratio Rank: 11
CURI Omega Ratio Rank: 12
CURI Calmar Ratio Rank: 6
CURI Martin Ratio Rank: 7

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.

DAO vs. CURI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Youdao, Inc. (DAO) and CuriosityStream Inc. (CURI). 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.

	DAO	CURI	Difference
Sharpe ratio Return per unit of total volatility	0.52	-0.76	+1.29
Sortino ratio Return per unit of downside risk	1.12	-1.02	+2.15
Omega ratio Gain probability vs. loss probability	1.14	0.88	+0.26
Calmar ratio Return relative to maximum drawdown	0.93	-0.89	+1.83
Martin ratio Return relative to average drawdown	1.97	-1.42	+3.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAO vs. CURI - Sharpe Ratio Comparison

The current DAO Sharpe Ratio is 0.52, which is higher than the CURI Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of DAO and CURI, 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

	DAO	CURI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	-0.76	+1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	-0.25	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	-0.18	+0.17

Drawdowns

DAO vs. CURI - Drawdown Comparison

The maximum DAO drawdown since its inception was -93.46%, roughly equal to the maximum CURI drawdown of -98.03%. Use the drawdown chart below to compare losses from any high point for DAO and CURI.

Drawdown Indicators

	DAO	CURI	Difference
Max Drawdown Largest peak-to-trough decline	-93.46%	-98.03%	+4.57%
Max Drawdown (1Y) Largest decline over 1 year	-29.35%	-57.67%	+28.32%
Max Drawdown (3Y) Largest decline over 3 years	-44.77%	-59.76%	+14.99%
Max Drawdown (5Y) Largest decline over 5 years	-88.97%	-97.02%	+8.05%
Current Drawdown Current decline from peak	-75.27%	-84.39%	+9.12%
Average Drawdown Average peak-to-trough decline	-69.46%	-69.21%	-0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.89%	39.03%	-25.14%

Volatility

DAO vs. CURI - Volatility Comparison

The current volatility for Youdao, Inc. (DAO) is 24.50%, while CuriosityStream Inc. (CURI) has a volatility of 31.59%. This indicates that DAO experiences smaller price fluctuations and is considered to be less risky than CURI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAO	CURI	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.50%	31.59%	-7.09%
Volatility (6M) Calculated over the trailing 6-month period	41.50%	44.70%	-3.20%
Volatility (1Y) Calculated over the trailing 1-year period	52.26%	67.26%	-15.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.39%	85.68%	+3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.72%	81.14%	+8.58%

Dividends

DAO vs. CURI - Dividend Comparison

DAO has not paid dividends to shareholders, while CURI's dividend yield for the trailing twelve months is around 13.77%.

Position	TTM	2025	2024
CURI CuriosityStream Inc.	13.77%	10.00%	4.90%
DAO Youdao, Inc.	0.00%	0.00%	0.00%

Financials

DAO vs. CURI - Profitability Comparison

The chart below illustrates the profitability comparison between Youdao, Inc. and CuriosityStream Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DAO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Youdao, Inc. reported a gross profit of 602.29M and revenue of 1.35B. Therefore, the gross margin over that period was 44.7%.

CURI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CuriosityStream Inc. reported a gross profit of 8.50M and revenue of 15.16M. Therefore, the gross margin over that period was 56.1%.

DAO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Youdao, Inc. reported an operating income of 57.50M and revenue of 1.35B, resulting in an operating margin of 4.3%.

CURI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CuriosityStream Inc. reported an operating income of -1.54M and revenue of 15.16M, resulting in an operating margin of -10.2%.

DAO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Youdao, Inc. reported a net income of 38.58M and revenue of 1.35B, resulting in a net margin of 2.9%.

CURI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CuriosityStream Inc. reported a net income of -1.33M and revenue of 15.16M, resulting in a net margin of -8.8%.

Frequently Asked Questions

Can I hold both DAO and CURI in my portfolio?

DAO and CURI have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DAO or CURI?

CURI has higher volatility (31.59%) compared to DAO (24.50%). In terms of maximum drawdown, DAO dropped -93.46% vs CURI's -98.03%.

Which has better risk-adjusted returns?

DAO currently has the higher Sharpe Ratio (0.52 vs -0.76), 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.