FINV vs. SPOT
FINV (FinVolution Group) and SPOT (Spotify Technology S.A.) are both stocks. FINV operates in Credit Services (Financial Services), while SPOT operates in Internet Content & Information (Communication Services). Over the past 5 years, FINV returned -4.69%/yr vs 14.62%/yr for SPOT. At a 0.21 correlation, their price movements are largely independent.
Performance
FINV vs. SPOT - Performance Comparison
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Returns By Period
In the year-to-date period, FINV achieves a 2.28% return, which is significantly higher than SPOT's -17.00% return.
FINV
- 1D
- 1.62%
- 1M
- -1.18%
- YTD
- 2.28%
- 6M
- 1.69%
- 1Y
- -39.97%
- 3Y*
- 8.84%
- 5Y*
- -4.69%
- 10Y*
- —
SPOT
- 1D
- -0.82%
- 1M
- 11.86%
- YTD
- -17.00%
- 6M
- -19.37%
- 1Y
- -31.42%
- 3Y*
- 47.06%
- 5Y*
- 14.62%
- 10Y*
- —
FINV vs. SPOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FINV FinVolution Group | 2.28% | -20.07% | 45.47% | 4.39% | 6.39% | 89.23% | 8.51% | -22.85% | -49.93% |
SPOT Spotify Technology S.A. | -17.00% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 31.76% | -31.59% |
Correlation
The correlation between FINV and SPOT is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.21 |
The correlation between FINV and SPOT shifts across timeframes, from 0.06 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FINV:
$1.29B
SPOT:
$100.87B
FINV:
CN¥8.34
SPOT:
€12.94
FINV:
4.09
SPOT:
32.21
FINV:
1.43
SPOT:
0.36
FINV:
0.68
SPOT:
4.98
FINV:
0.54
SPOT:
10.87
FINV:
CN¥13.24B
SPOT:
€17.60B
FINV:
CN¥10.21B
SPOT:
€5.68B
FINV:
CN¥2.61B
SPOT:
€2.75B
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Return for Risk
FINV vs. SPOT — Risk / Return Rank
FINV
SPOT
FINV vs. SPOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FinVolution Group (FINV) and Spotify Technology S.A. (SPOT). 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.
| FINV | SPOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.89 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.71 | -0.67 | -0.04 |
| Martin ratioReturn relative to average drawdown | -0.96 | -1.16 | +0.20 |
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Drawdowns
FINV vs. SPOT - Drawdown Comparison
The maximum FINV drawdown since its inception was -89.76%, which is greater than SPOT's maximum drawdown of -80.51%. Use the drawdown chart below to compare losses from any high point for FINV and SPOT.
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Drawdown Indicators
| FINV | SPOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.76% | -80.51% | -9.25% |
Max Drawdown (1Y)Largest decline over 1 year | -56.42% | -46.80% | -9.62% |
Max Drawdown (3Y)Largest decline over 3 years | -56.42% | -46.80% | -9.62% |
Max Drawdown (5Y)Largest decline over 5 years | -70.54% | -76.39% | +5.85% |
Current DrawdownCurrent decline from peak | -49.54% | -37.88% | -11.66% |
Average DrawdownAverage peak-to-trough decline | -54.09% | -30.87% | -23.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.69% | 27.16% | +14.53% |
Volatility
FINV vs. SPOT - Volatility Comparison
FinVolution Group (FINV) has a higher volatility of 19.10% compared to Spotify Technology S.A. (SPOT) at 16.23%. This indicates that FINV's price experiences larger fluctuations and is considered to be riskier than SPOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FINV | SPOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.10% | 16.23% | +2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 33.29% | 37.28% | -3.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.91% | 45.28% | +3.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.99% | 47.58% | +2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.75% | 47.36% | +24.39% |
Dividends
FINV vs. SPOT - Dividend Comparison
FINV's dividend yield for the trailing twelve months is around 6.08%, while SPOT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FINV FinVolution Group | 6.08% | 5.30% | 3.49% | 4.39% | 4.13% | 3.45% | 4.49% | 7.17% |
SPOT Spotify Technology S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FINV vs. SPOT - Financials Comparison
This section allows you to compare key financial metrics between FinVolution Group and Spotify Technology S.A.. 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
FINV vs. SPOT - Profitability Comparison
FINV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FinVolution Group reported a gross profit of 2.43B and revenue of 3.19B. Therefore, the gross margin over that period was 76.3%.
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a gross profit of 1.51B and revenue of 4.61B. Therefore, the gross margin over that period was 32.9%.
FINV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FinVolution Group reported an operating income of 526.49M and revenue of 3.19B, resulting in an operating margin of 16.5%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported an operating income of 726.76M and revenue of 4.61B, resulting in an operating margin of 15.8%.
FINV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FinVolution Group reported a net income of 412.55M and revenue of 3.19B, resulting in a net margin of 12.9%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a net income of 732.86M and revenue of 4.61B, resulting in a net margin of 15.9%.
Frequently Asked Questions
FINV and SPOT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FINV has higher volatility (19.10%) compared to SPOT (16.23%). In terms of maximum drawdown, FINV dropped -89.76% vs SPOT's -80.51%.
SPOT currently has the higher Sharpe Ratio (-0.70 vs -0.82), 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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