JD vs. DQ

Last updated Apr 1, 2026

Compare and contrast key facts about JD.com, Inc. (JD) and Daqo New Energy Corp. (DQ).

Performance

JD vs. DQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JD.com, Inc. (JD) and Daqo New Energy Corp. (DQ). The values are adjusted to include any dividend payments, if applicable.

JD vs. DQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JD JD.com, Inc.	3.03%	-14.78%	23.45%	-47.76%	-17.87%	-20.28%	149.50%	68.32%	-49.47%	62.81%
DQ Daqo New Energy Corp.	-27.90%	51.75%	-26.92%	-31.11%	-4.24%	-29.71%	460.16%	118.80%	-60.63%	207.98%

Fundamentals

EPS JD : $13.49 DQ : -$3.80
PS Ratio JD : 0.03 DQ : 1.43
Total Revenue (TTM) JD : $1.30T DQ : $666.00M
Gross Profit (TTM) JD : $187.00B DQ : -$138.12M
EBITDA (TTM) JD : $30.61B DQ : -$20.16M

Returns By Period

In the year-to-date period, JD achieves a 3.03% return, which is significantly higher than DQ's -27.90% return. Over the past 10 years, JD has underperformed DQ with an annualized return of 1.99%, while DQ has yielded a comparatively higher 19.05% annualized return.

JD

• 1D: 2.18%
• 1M: 11.46%
• YTD: 3.03%
• 6M: -15.47%
• 1Y: -25.97%
• 3Y*: -10.20%
• 5Y*: -17.31%
• 10Y*: 1.99%

DQ

• 1D: 2.85%
• 1M: -11.82%
• YTD: -27.90%
• 6M: -24.39%
• 1Y: 17.45%
• 3Y*: -23.14%
• 5Y*: -22.32%
• 10Y*: 19.05%

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

Return for Risk

JD vs. DQ — Risk / Return Rank

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

JD

JD Risk / Return Rank: 14
JD Sharpe Ratio Rank: 10
JD Sortino Ratio Rank: 11
JD Omega Ratio Rank: 13
JD Calmar Ratio Rank: 17
JD Martin Ratio Rank: 19

DQ

DQ Risk / Return Rank: 51
DQ Sharpe Ratio Rank: 52
DQ Sortino Ratio Rank: 52
DQ Omega Ratio Rank: 52
DQ Calmar Ratio Rank: 51
DQ Martin Ratio Rank: 50

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.

JD vs. DQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JD.com, Inc. (JD) and Daqo New Energy Corp. (DQ). 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.

	JD	DQ	Difference
Sharpe ratio Return per unit of total volatility	-0.76	0.25	-1.01
Sortino ratio Return per unit of downside risk	-1.03	0.89	-1.92
Omega ratio Gain probability vs. loss probability	0.89	1.11	-0.22
Calmar ratio Return relative to maximum drawdown	-0.73	0.36	-1.09
Martin ratio Return relative to average drawdown	-1.20	0.73	-1.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JD vs. DQ - Sharpe Ratio Comparison

The current JD Sharpe Ratio is -0.76, which is lower than the DQ Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of JD and DQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JD	DQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.76	0.25	-1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	-0.32	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.26	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.06	+0.02

Correlation

The correlation between JD and DQ is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JD vs. DQ - Dividend Comparison

JD's dividend yield for the trailing twelve months is around 3.38%, while DQ has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
JD JD.com, Inc.	3.38%	3.48%	2.19%	2.15%	2.24%
DQ Daqo New Energy Corp.	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JD vs. DQ - Drawdown Comparison

The maximum JD drawdown since its inception was -79.12%, smaller than the maximum DQ drawdown of -94.98%. Use the drawdown chart below to compare losses from any high point for JD and DQ.

Drawdown Indicators

	JD	DQ	Difference
Max Drawdown Largest peak-to-trough decline	-79.12%	-94.98%	+15.86%
Max Drawdown (1Y) Largest decline over 1 year	-36.72%	-42.06%	+5.34%
Max Drawdown (5Y) Largest decline over 5 years	-75.63%	-86.15%	+10.52%
Max Drawdown (10Y) Largest decline over 10 years	-79.12%	-89.74%	+10.62%
Current Drawdown Current decline from peak	-69.51%	-82.86%	+13.35%
Average Drawdown Average peak-to-trough decline	-37.11%	-60.62%	+23.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.39%	20.67%	+1.72%

Volatility

JD vs. DQ - Volatility Comparison

The current volatility for JD.com, Inc. (JD) is 11.73%, while Daqo New Energy Corp. (DQ) has a volatility of 13.11%. This indicates that JD experiences smaller price fluctuations and is considered to be less risky than DQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JD	DQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.73%	13.11%	-1.38%
Volatility (6M) Calculated over the trailing 6-month period	21.30%	44.07%	-22.77%
Volatility (1Y) Calculated over the trailing 1-year period	34.35%	69.39%	-35.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.69%	70.94%	-17.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.93%	73.84%	-25.91%

Financials

JD vs. DQ - Profitability Comparison

The chart below illustrates the profitability comparison between JD.com, Inc. and Daqo New Energy Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

JD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, JD.com, Inc. reported a gross profit of 54.04B and revenue of 347.42B. Therefore, the gross margin over that period was 15.6%.

DQ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Daqo New Energy Corp. reported a gross profit of 15.44M and revenue of 221.71M. Therefore, the gross margin over that period was 7.0%.

JD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, JD.com, Inc. reported an operating income of -4.48B and revenue of 347.42B, resulting in an operating margin of -1.3%.

DQ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Daqo New Energy Corp. reported an operating income of -20.89M and revenue of 221.71M, resulting in an operating margin of -9.4%.

JD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, JD.com, Inc. reported a net income of -2.68B and revenue of 347.42B, resulting in a net margin of -0.8%.

DQ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Daqo New Energy Corp. reported a net income of -7.28M and revenue of 221.71M, resulting in a net margin of -3.3%.