GDS vs. MP
GDS (GDS Holdings Limited) and MP (MP Materials Corp.) are both stocks. GDS operates in Information Technology Services (Technology), while MP operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, GDS returned -14.19%/yr vs 7.21%/yr for MP. At a 0.27 correlation, their price movements are largely independent.
Performance
GDS vs. MP - Performance Comparison
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Returns By Period
In the year-to-date period, GDS achieves a -6.07% return, which is significantly lower than MP's 3.35% return.
GDS
- 1D
- -0.06%
- 1M
- -2.90%
- 6M
- -19.99%
- YTD
- -6.07%
- 1Y
- -3.33%
- 3Y*
- 42.75%
- 5Y*
- -14.19%
- 10Y*
- —
MP
- 1D
- 0.97%
- 1M
- -9.28%
- 6M
- -15.79%
- YTD
- 3.35%
- 1Y
- 15.74%
- 3Y*
- 27.30%
- 5Y*
- 7.21%
- 10Y*
- —
GDS vs. MP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GDS GDS Holdings Limited | -6.07% | 46.89% | 160.53% | -55.77% | -56.28% | -49.64% | 24.59% |
MP MP Materials Corp. | 3.35% | 223.85% | -21.41% | -18.25% | -46.54% | 41.19% | 224.95% |
Correlation
The correlation between GDS and MP is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020 | 0.27 |
The correlation between GDS and MP shifts across timeframes, from 0.18 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GDS:
$6.39B
MP:
$9.29B
GDS:
CN¥12.18
MP:
-$0.57
GDS:
4.30
MP:
21.33
GDS:
CN¥12.02B
MP:
$305.30M
GDS:
CN¥2.95B
MP:
$25.30M
GDS:
CN¥5.47B
MP:
$1.52M
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Return for Risk
GDS vs. MP — Risk / Return Rank
GDS
MP
GDS vs. MP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GDS Holdings Limited (GDS) and MP Materials Corp. (MP). 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.
| GDS | MP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.10 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 0.29 | -0.27 |
| Martin ratioReturn relative to average drawdown | 0.05 | 0.45 | -0.40 |
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Drawdowns
GDS vs. MP - Drawdown Comparison
The maximum GDS drawdown since its inception was -95.63%, which is greater than MP's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for GDS and MP.
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Drawdown Indicators
| GDS | MP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.63% | -81.99% | -13.64% |
Max Drawdown (1Y)Largest decline over 1 year | -38.45% | -53.79% | +15.34% |
Max Drawdown (3Y)Largest decline over 3 years | -63.55% | -57.80% | -5.75% |
Max Drawdown (5Y)Largest decline over 5 years | -93.20% | -81.99% | -11.21% |
Current DrawdownCurrent decline from peak | -71.67% | -47.08% | -24.59% |
Average DrawdownAverage peak-to-trough decline | -46.97% | -42.60% | -4.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.51% | 34.09% | -17.58% |
Volatility
GDS vs. MP - Volatility Comparison
GDS Holdings Limited (GDS) has a higher volatility of 17.18% compared to MP Materials Corp. (MP) at 14.71%. This indicates that GDS's price experiences larger fluctuations and is considered to be riskier than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDS | MP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.18% | 14.71% | +2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 42.59% | 50.74% | -8.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.11% | 91.32% | -31.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.96% | 69.66% | +16.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.81% | 72.41% | +0.40% |
Dividends
GDS vs. MP - Dividend Comparison
Neither GDS nor MP has paid dividends to shareholders.
Financials
GDS vs. MP - Financials Comparison
This section allows you to compare key financial metrics between GDS Holdings Limited and MP Materials Corp.. 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
GDS vs. MP - Profitability Comparison
GDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, GDS Holdings Limited reported a gross profit of 1.07B and revenue of 3.35B. Therefore, the gross margin over that period was 32.1%.
MP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, MP Materials Corp. reported a gross profit of 0.00 and revenue of 90.65M. Therefore, the gross margin over that period was 0.0%.
GDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, GDS Holdings Limited reported an operating income of 902.47M and revenue of 3.35B, resulting in an operating margin of 27.0%.
MP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, MP Materials Corp. reported an operating income of 0.00 and revenue of 90.65M, resulting in an operating margin of 0.0%.
GDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, GDS Holdings Limited reported a net income of 2.63B and revenue of 3.35B, resulting in a net margin of 78.7%.
MP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, MP Materials Corp. reported a net income of -7.97M and revenue of 90.65M, resulting in a net margin of -8.8%.
Frequently Asked Questions
GDS and MP have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDS has higher volatility (17.18%) compared to MP (14.71%). In terms of maximum drawdown, GDS dropped -95.63% vs MP's -81.99%.
MP currently has the higher Sharpe Ratio (0.20 vs 0.01), 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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