EH vs. ADMA

Last updated Jun 4, 2026

EH (Ehang Holdings Ltd) and ADMA (ADMA Biologics, Inc.) are both stocks. EH operates in Aerospace & Defense (Industrials), while ADMA operates in Biotechnology (Healthcare). Over the past 5 years, EH returned -21.40%/yr vs 34.85%/yr for ADMA. At a 0.22 correlation, their price movements are largely independent.

Performance

EH vs. ADMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ehang Holdings Ltd (EH) and ADMA Biologics, Inc. (ADMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EH achieves a -25.80% return, which is significantly higher than ADMA's -57.46% return.

EH

• 1D: -4.31%
• 1M: -3.65%
• YTD: -25.80%
• 6M: -28.67%
• 1Y: -39.29%
• 3Y*: -3.49%
• 5Y*: -21.40%
• 10Y*: —

ADMA

• 1D: 2.11%
• 1M: -24.73%
• YTD: -57.46%
• 6M: -60.65%
• 1Y: -62.07%
• 3Y*: 24.20%
• 5Y*: 34.85%
• 10Y*: 0.37%

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

EH vs. ADMA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EH Ehang Holdings Ltd	-25.80%	-16.29%	-6.28%	95.80%	-42.49%	-29.32%	96.37%	-13.93%
ADMA ADMA Biologics, Inc.	-57.46%	6.36%	279.42%	16.49%	175.18%	-27.69%	-51.25%	-3.38%

Correlation

The correlation between EH and ADMA is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Dec 13, 2019	0.22

The correlation between EH and ADMA shifts across timeframes, from 0.12 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap EH : $370.66M ADMA : $1.86B
EPS EH : -$6.20 ADMA : $0.68
PS Ratio EH : 0.72 ADMA : 3.72
PB Ratio EH : 0.33 ADMA : 4.77
Total Revenue (TTM) EH : $504.81M ADMA : $509.86M
Gross Profit (TTM) EH : $313.01M ADMA : $312.42M
EBITDA (TTM) EH : -$240.93M ADMA : $218.74M

Return for Risk

EH vs. ADMA — Risk / Return Rank

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

EH

EH Risk / Return Rank: 11
EH Sharpe Ratio Rank: 8
EH Sortino Ratio Rank: 10
EH Omega Ratio Rank: 12
EH Calmar Ratio Rank: 14
EH Martin Ratio Rank: 12

ADMA

ADMA Risk / Return Rank: 3
ADMA Sharpe Ratio Rank: 3
ADMA Sortino Ratio Rank: 3
ADMA Omega Ratio Rank: 3
ADMA Calmar Ratio Rank: 3
ADMA Martin Ratio Rank: 1

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.

EH vs. ADMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ehang Holdings Ltd (EH) and ADMA Biologics, Inc. (ADMA). 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.

	EH	ADMA	Difference
Sharpe ratio Return per unit of total volatility	-0.82	-1.14	+0.32
Sortino ratio Return per unit of downside risk	-1.11	-1.82	+0.71
Omega ratio Gain probability vs. loss probability	0.88	0.76	+0.12
Calmar ratio Return relative to maximum drawdown	-0.73	-0.95	+0.23
Martin ratio Return relative to average drawdown	-1.27	-1.89	+0.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EH vs. ADMA - Sharpe Ratio Comparison

The current EH Sharpe Ratio is -0.82, which is comparable to the ADMA Sharpe Ratio of -1.14. The chart below compares the historical Sharpe Ratios of EH and ADMA, 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

	EH	ADMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.82	-1.14	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	0.59	-0.85
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-0.01	-0.03

Drawdowns

EH vs. ADMA - Drawdown Comparison

The maximum EH drawdown since its inception was -97.07%, which is greater than ADMA's maximum drawdown of -91.28%. Use the drawdown chart below to compare losses from any high point for EH and ADMA.

Drawdown Indicators

	EH	ADMA	Difference
Max Drawdown Largest peak-to-trough decline	-97.07%	-91.28%	-5.79%
Max Drawdown (1Y) Largest decline over 1 year	-54.33%	-65.25%	+10.92%
Max Drawdown (3Y) Largest decline over 3 years	-65.48%	-68.99%	+3.51%
Max Drawdown (5Y) Largest decline over 5 years	-91.81%	-68.99%	-22.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-86.11%	—
Current Drawdown Current decline from peak	-92.12%	-68.34%	-23.78%
Average Drawdown Average peak-to-trough decline	-74.62%	-53.03%	-21.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.06%	32.90%	-1.84%

Volatility

EH vs. ADMA - Volatility Comparison

The current volatility for Ehang Holdings Ltd (EH) is 14.18%, while ADMA Biologics, Inc. (ADMA) has a volatility of 20.34%. This indicates that EH experiences smaller price fluctuations and is considered to be less risky than ADMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EH	ADMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.18%	20.34%	-6.16%
Volatility (6M) Calculated over the trailing 6-month period	36.84%	45.37%	-8.53%
Volatility (1Y) Calculated over the trailing 1-year period	48.22%	54.66%	-6.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.56%	59.46%	+25.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.03%	69.03%	+31.00%

Dividends

EH vs. ADMA - Dividend Comparison

Neither EH nor ADMA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

EH vs. ADMA - Profitability Comparison

The chart below illustrates the profitability comparison between Ehang Holdings Ltd and ADMA Biologics, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ehang Holdings Ltd reported a gross profit of 149.26M and revenue of 240.41M. Therefore, the gross margin over that period was 62.1%.

ADMA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ADMA Biologics, Inc. reported a gross profit of 80.75M and revenue of 114.49M. Therefore, the gross margin over that period was 70.5%.

EH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ehang Holdings Ltd reported an operating income of -8.60M and revenue of 240.41M, resulting in an operating margin of -3.6%.

ADMA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ADMA Biologics, Inc. reported an operating income of 58.27M and revenue of 114.49M, resulting in an operating margin of 50.9%.

EH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ehang Holdings Ltd reported a net income of 10.44M and revenue of 240.41M, resulting in a net margin of 4.3%.

ADMA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ADMA Biologics, Inc. reported a net income of 45.33M and revenue of 114.49M, resulting in a net margin of 39.6%.

Frequently Asked Questions

Can I hold both EH and ADMA in my portfolio?

EH and ADMA have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EH or ADMA?

ADMA has higher volatility (20.34%) compared to EH (14.18%). In terms of maximum drawdown, EH dropped -97.07% vs ADMA's -91.28%.

Which has better risk-adjusted returns?

EH currently has the higher Sharpe Ratio (-0.82 vs -1.14), 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.