HSAI vs. BIDU
HSAI (Hesai Group American Depositary Share each ADS represents one Class B ordinary share) and BIDU (Baidu, Inc.) are both stocks. HSAI operates in Auto Parts (Consumer Cyclical), while BIDU operates in Internet Content & Information (Communication Services). Over the past 3 years, HSAI returned 35.55%/yr vs 0.63%/yr for BIDU. At a 0.36 correlation, their price movements are largely independent.
Performance
HSAI vs. BIDU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HSAI achieves a -9.60% return, which is significantly lower than BIDU's 3.17% return.
HSAI
- 1D
- -2.55%
- 1M
- -5.29%
- YTD
- -9.60%
- 6M
- 1.30%
- 1Y
- 0.50%
- 3Y*
- 35.55%
- 5Y*
- —
- 10Y*
- —
BIDU
- 1D
- 1.60%
- 1M
- 6.78%
- YTD
- 3.17%
- 6M
- 13.54%
- 1Y
- 58.79%
- 3Y*
- 0.63%
- 5Y*
- -6.93%
- 10Y*
- -2.55%
HSAI vs. BIDU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HSAI Hesai Group American Depositary Share each ADS represents one Class B ordinary share | -9.60% | 62.08% | 55.11% | -57.67% |
BIDU Baidu, Inc. | 3.17% | 54.98% | -29.20% | -19.57% |
Correlation
The correlation between HSAI and BIDU is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | 0.36 |
Fundamentals
HSAI:
$3.30B
BIDU:
$46.57B
HSAI:
$3.08
BIDU:
$3.78
HSAI:
6.58
BIDU:
35.64
HSAI:
0.97
BIDU:
0.36
HSAI:
0.37
BIDU:
0.17
HSAI:
$3.16B
BIDU:
$128.51B
HSAI:
$1.30B
BIDU:
$54.09B
HSAI:
$149.83M
BIDU:
$23.17B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HSAI vs. BIDU — Risk / Return Rank
HSAI
BIDU
HSAI vs. BIDU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hesai Group American Depositary Share each ADS represents one Class B ordinary share (HSAI) and Baidu, Inc. (BIDU). 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.
| HSAI | BIDU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.23 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | 1.72 | -1.71 |
| Martin ratioReturn relative to average drawdown | 0.02 | 3.83 | -3.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HSAI | BIDU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 1.19 | -1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.13 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.24 | -0.25 |
Drawdowns
HSAI vs. BIDU - Drawdown Comparison
The maximum HSAI drawdown since its inception was -84.17%, which is greater than BIDU's maximum drawdown of -77.47%. Use the drawdown chart below to compare losses from any high point for HSAI and BIDU.
Loading charts...
Drawdown Indicators
| HSAI | BIDU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.17% | -77.47% | -6.70% |
Max Drawdown (1Y)Largest decline over 1 year | -49.56% | -34.41% | -15.15% |
Max Drawdown (3Y)Largest decline over 3 years | -73.37% | -50.73% | -22.64% |
Max Drawdown (5Y)Largest decline over 5 years | — | -63.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.47% | — |
Current DrawdownCurrent decline from peak | -32.05% | -60.34% | +28.29% |
Average DrawdownAverage peak-to-trough decline | -45.29% | -35.53% | -9.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.78% | 15.41% | +5.37% |
Volatility
HSAI vs. BIDU - Volatility Comparison
Hesai Group American Depositary Share each ADS represents one Class B ordinary share (HSAI) has a higher volatility of 22.74% compared to Baidu, Inc. (BIDU) at 18.21%. This indicates that HSAI's price experiences larger fluctuations and is considered to be riskier than BIDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HSAI | BIDU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.74% | 18.21% | +4.53% |
Volatility (6M)Calculated over the trailing 6-month period | 46.76% | 35.20% | +11.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.02% | 49.47% | +25.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.11% | 51.75% | +46.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 98.11% | 46.19% | +51.92% |
Dividends
HSAI vs. BIDU - Dividend Comparison
Neither HSAI nor BIDU has paid dividends to shareholders.
Financials
HSAI vs. BIDU - Financials Comparison
This section allows you to compare key financial metrics between Hesai Group American Depositary Share each ADS represents one Class B ordinary share and Baidu, 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
HSAI vs. BIDU - Profitability Comparison
HSAI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported a gross profit of 264.41M and revenue of 676.44M. Therefore, the gross margin over that period was 39.1%.
BIDU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Baidu, Inc. reported a gross profit of 12.41B and revenue of 31.88B. Therefore, the gross margin over that period was 38.9%.
HSAI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported an operating income of -32.73M and revenue of 676.44M, resulting in an operating margin of -4.8%.
BIDU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Baidu, Inc. reported an operating income of 3.17B and revenue of 31.88B, resulting in an operating margin of 10.0%.
HSAI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported a net income of 18.20M and revenue of 676.44M, resulting in a net margin of 2.7%.
BIDU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Baidu, Inc. reported a net income of 3.42B and revenue of 31.88B, resulting in a net margin of 10.7%.
Frequently Asked Questions
HSAI and BIDU have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSAI has higher volatility (22.74%) compared to BIDU (18.21%). In terms of maximum drawdown, HSAI dropped -84.17% vs BIDU's -77.47%.
BIDU currently has the higher Sharpe Ratio (1.19 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.
Find the right allocation for HSAI and BIDU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer