JD vs. CARL-B.CO
JD (JD.com, Inc.) and CARL-B.CO (Carlsberg A/S) are both stocks. JD operates in Internet Retail (Consumer Cyclical), while CARL-B.CO operates in Beverages - Brewers (Consumer Defensive). Over the past 10 years, JD returned 4.54%/yr vs 6.33%/yr for CARL-B.CO. At a 0.15 correlation, their price movements are largely independent.
Performance
JD vs. CARL-B.CO - Performance Comparison
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Different Trading Currencies
JD is traded in USD, while CARL-B.CO is traded in DKK. To make them comparable, the CARL-B.CO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, JD achieves a 3.06% return, which is significantly higher than CARL-B.CO's 2.74% return. Over the past 10 years, JD has underperformed CARL-B.CO with an annualized return of 4.54%, while CARL-B.CO has yielded a comparatively higher 6.33% annualized return.
JD
- 1D
- 1.78%
- 1M
- -10.78%
- YTD
- 3.06%
- 6M
- 0.47%
- 1Y
- -9.71%
- 3Y*
- -6.23%
- 5Y*
- -14.46%
- 10Y*
- 4.54%
CARL-B.CO
- 1D
- -1.16%
- 1M
- 0.25%
- YTD
- 2.74%
- 6M
- 2.90%
- 1Y
- -6.54%
- 3Y*
- -2.45%
- 5Y*
- -3.89%
- 10Y*
- 6.33%
JD vs. CARL-B.CO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JD JD.com, Inc. | 3.06% | -14.78% | 23.45% | -47.76% | -17.87% | -20.28% | 149.50% | 68.32% | -49.47% | 62.81% |
CARL-B.CO Carlsberg A/S | 2.74% | 40.69% | -21.16% | -2.77% | -20.64% | 9.36% | 11.41% | 43.14% | -9.48% | 41.27% |
Correlation
The correlation between JD and CARL-B.CO 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 | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since May 22, 2014 | 0.15 |
The correlation between JD and CARL-B.CO shifts across timeframes, from 0.06 (1 year) to 0.18 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
JD vs. CARL-B.CO — Risk / Return Rank
JD
CARL-B.CO
JD vs. CARL-B.CO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JD.com, Inc. (JD) and Carlsberg A/S (CARL-B.CO). 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.
| JD | CARL-B.CO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.97 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | -0.33 | -0.07 |
| Martin ratioReturn relative to average drawdown | -0.80 | -0.53 | -0.26 |
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Drawdowns
JD vs. CARL-B.CO - Drawdown Comparison
The maximum JD drawdown since its inception was -79.12%, roughly equal to the maximum CARL-B.CO drawdown of -77.22%. Use the drawdown chart below to compare losses from any high point for JD and CARL-B.CO.
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Drawdown Indicators
| JD | CARL-B.CO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.12% | -77.22% | -1.90% |
Max Drawdown (1Y)Largest decline over 1 year | -29.78% | -21.81% | -7.97% |
Max Drawdown (3Y)Largest decline over 3 years | -48.10% | -40.58% | -7.52% |
Max Drawdown (5Y)Largest decline over 5 years | -75.63% | -47.25% | -28.38% |
Max Drawdown (10Y)Largest decline over 10 years | -79.12% | -47.25% | -31.87% |
Current DrawdownCurrent decline from peak | -69.50% | -20.42% | -49.08% |
Average DrawdownAverage peak-to-trough decline | -37.62% | -20.02% | -17.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.06% | 13.63% | +1.43% |
Volatility
JD vs. CARL-B.CO - Volatility Comparison
JD.com, Inc. (JD) has a higher volatility of 8.35% compared to Carlsberg A/S (CARL-B.CO) at 7.56%. This indicates that JD's price experiences larger fluctuations and is considered to be riskier than CARL-B.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JD | CARL-B.CO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.35% | 7.56% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 22.73% | 18.00% | +4.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.27% | 23.82% | +8.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.75% | 25.35% | +28.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.77% | 23.67% | +24.10% |
Dividends
JD vs. CARL-B.CO - Dividend Comparison
JD's dividend yield for the trailing twelve months is around 3.50%, more than CARL-B.CO's 3.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARL-B.CO Carlsberg A/S | 3.44% | 3.23% | 3.91% | 3.19% | 2.60% | 1.95% | 2.15% | 1.81% | 2.31% | 1.34% | 1.48% | 1.47% |
JD JD.com, Inc. | 3.50% | 3.48% | 2.19% | 2.15% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
JD vs. CARL-B.CO - Financials Comparison
This section allows you to compare key financial metrics between JD.com, Inc. and Carlsberg A/S. 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
Frequently Asked Questions
JD and CARL-B.CO 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.
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