JFU vs. API

Last updated Jun 4, 2026

JFU (9F Inc.) and API (Agora, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, JFU returned -39.83%/yr vs -35.44%/yr for API. At a 0.11 correlation, their price movements are largely independent.

Performance

JFU vs. API - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 9F Inc. (JFU) and Agora, Inc. (API). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JFU achieves a -52.11% return, which is significantly lower than API's 19.66% return.

JFU

• 1D: 0.00%
• 1M: -3.16%
• YTD: -52.11%
• 6M: -31.85%
• 1Y: 124.64%
• 3Y*: -15.21%
• 5Y*: -39.83%
• 10Y*: —

API

• 1D: -7.41%
• 1M: 26.82%
• YTD: 19.66%
• 6M: 29.18%
• 1Y: 31.62%
• 3Y*: 17.66%
• 5Y*: -35.44%
• 10Y*: —

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

JFU vs. API - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JFU 9F Inc.	-52.11%	323.18%	-55.98%	-2.00%	-84.09%	5.77%	-72.99%
API Agora, Inc.	19.66%	-2.16%	58.17%	-32.74%	-75.88%	-59.02%	-21.66%

Correlation

The correlation between JFU and API is 0.01, 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	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Jun 29, 2020	0.11

The correlation between JFU and API shifts across timeframes, from 0.01 (1 year) to 0.11 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) JFU : $309.97M API : $145.65M
Gross Profit (TTM) JFU : $202.13M API : $95.03M
EBITDA (TTM) JFU : -$28.96M API : $12.66M

Return for Risk

JFU vs. API — Risk / Return Rank

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

JFU

JFU Risk / Return Rank: 74
JFU Sharpe Ratio Rank: 71
JFU Sortino Ratio Rank: 79
JFU Omega Ratio Rank: 77
JFU Calmar Ratio Rank: 73
JFU Martin Ratio Rank: 69

API

API Risk / Return Rank: 60
API Sharpe Ratio Rank: 61
API Sortino Ratio Rank: 60
API Omega Ratio Rank: 57
API Calmar Ratio Rank: 63
API Martin Ratio Rank: 62

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.

JFU vs. API - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 9F Inc. (JFU) and Agora, Inc. (API). 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.

	JFU	API	Difference
Sharpe ratio: Return per unit of total volatility	0.98	0.60	+0.38
Sortino ratio: Return per unit of downside risk	2.26	1.26	+1.00
Omega ratio: Gain probability vs. loss probability	1.28	1.15	+0.13
Calmar ratio: Return relative to maximum drawdown	1.86	1.10	+0.76
Martin ratio: Return relative to average drawdown	3.65	2.31	+1.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JFU vs. API - Sharpe Ratio Comparison

The current JFU Sharpe Ratio is 0.98, which is higher than the API Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of JFU and API, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JFU	API	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.60	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	-0.39	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	-0.35	-0.05

Drawdowns

JFU vs. API - Drawdown Comparison

The maximum JFU drawdown since its inception was -99.62%, roughly equal to the maximum API drawdown of -98.28%. Use the drawdown chart below to compare losses from any high point for JFU and API.

Drawdown Indicators

	JFU	API	Difference
Max Drawdown Largest peak-to-trough decline	-99.62%	-98.28%	-1.34%
Max Drawdown (1Y) Largest decline over 1 year	-67.40%	-28.96%	-38.44%
Max Drawdown (3Y) Largest decline over 3 years	-80.39%	-60.75%	-19.64%
Max Drawdown (5Y) Largest decline over 5 years	-98.22%	-95.90%	-2.32%
Current Drawdown Current decline from peak	-98.85%	-95.41%	-3.44%
Average Drawdown Average peak-to-trough decline	-87.01%	-83.61%	-3.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.26%	13.70%	+20.56%

Volatility

JFU vs. API - Volatility Comparison

9F Inc. (JFU) has a higher volatility of 28.47% compared to Agora, Inc. (API) at 26.73%. This indicates that JFU's price experiences larger fluctuations and is considered to be riskier than API based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JFU	API	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.47%	26.73%	+1.74%
Volatility (6M) Calculated over the trailing 6-month period	88.82%	38.10%	+50.72%
Volatility (1Y) Calculated over the trailing 1-year period	127.49%	53.35%	+74.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	115.00%	92.24%	+22.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.30%	92.77%	+22.53%

Dividends

JFU vs. API - Dividend Comparison

Neither JFU nor API has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both JFU and API in my portfolio?

JFU and API have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JFU or API?

JFU has higher volatility (28.47%) compared to API (26.73%). In terms of maximum drawdown, JFU dropped -99.62% vs API's -98.28%.

Which has better risk-adjusted returns?

JFU currently has the higher Sharpe Ratio (0.98 vs 0.60), 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.