LI vs. ULTA
LI (Li Auto Inc.) and ULTA (Ulta Beauty, Inc.) are both stocks. Both are in the Consumer Cyclical sector — LI in Auto Manufacturers, ULTA in Specialty Retail. Over the past 5 years, LI returned -12.64%/yr vs 6.68%/yr for ULTA. At a 0.18 correlation, their price movements are largely independent.
Performance
LI vs. ULTA - Performance Comparison
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Returns By Period
In the year-to-date period, LI achieves a -15.53% return, which is significantly higher than ULTA's -22.69% return.
LI
- 1D
- 3.77%
- 1M
- -25.79%
- YTD
- -15.53%
- 6M
- -16.28%
- 1Y
- -48.49%
- 3Y*
- -23.14%
- 5Y*
- -12.64%
- 10Y*
- —
ULTA
- 1D
- -1.82%
- 1M
- -6.13%
- YTD
- -22.69%
- 6M
- -22.25%
- 1Y
- 1.87%
- 3Y*
- 1.77%
- 5Y*
- 6.68%
- 10Y*
- 7.00%
LI vs. ULTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LI Li Auto Inc. | -15.53% | -29.43% | -35.91% | 83.48% | -36.45% | 11.34% | 86.00% |
ULTA Ulta Beauty, Inc. | -22.69% | 39.11% | -11.24% | 4.46% | 13.76% | 43.59% | 41.44% |
Correlation
The correlation between LI and ULTA is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.18 |
Fundamentals
LI:
$14.50B
ULTA:
$20.56B
LI:
-CN¥1.74
ULTA:
$26.57
LI:
0.92
ULTA:
1.65
LI:
1.41
ULTA:
7.97
LI:
CN¥108.98B
ULTA:
$12.71B
LI:
CN¥17.42B
ULTA:
$5.00B
LI:
-CN¥2.83B
ULTA:
$1.81B
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Return for Risk
LI vs. ULTA — Risk / Return Rank
LI
ULTA
LI vs. ULTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Li Auto Inc. (LI) and Ulta Beauty, Inc. (ULTA). 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.
| LI | ULTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.36 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.04 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 0.03 | -0.92 |
| Martin ratioReturn relative to average drawdown | -1.35 | 0.08 | -1.43 |
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Drawdowns
LI vs. ULTA - Drawdown Comparison
The maximum LI drawdown since its inception was -70.65%, smaller than the maximum ULTA drawdown of -87.89%. Use the drawdown chart below to compare losses from any high point for LI and ULTA.
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Drawdown Indicators
| LI | ULTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.65% | -87.89% | +17.24% |
Max Drawdown (1Y)Largest decline over 1 year | -56.95% | -34.56% | -22.39% |
Max Drawdown (3Y)Largest decline over 3 years | -70.65% | -44.56% | -26.09% |
Max Drawdown (5Y)Largest decline over 5 years | -70.65% | -44.56% | -26.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.92% | — |
Current DrawdownCurrent decline from peak | -69.35% | -33.82% | -35.53% |
Average DrawdownAverage peak-to-trough decline | -39.93% | -20.81% | -19.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.41% | 14.13% | +23.28% |
Volatility
LI vs. ULTA - Volatility Comparison
Li Auto Inc. (LI) has a higher volatility of 15.12% compared to Ulta Beauty, Inc. (ULTA) at 9.69%. This indicates that LI's price experiences larger fluctuations and is considered to be riskier than ULTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LI | ULTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.12% | 9.69% | +5.43% |
Volatility (6M)Calculated over the trailing 6-month period | 28.81% | 25.04% | +3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.30% | 33.39% | +6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.52% | 34.26% | +29.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.32% | 38.32% | +30.00% |
Dividends
LI vs. ULTA - Dividend Comparison
Neither LI nor ULTA has paid dividends to shareholders.
Financials
LI vs. ULTA - Financials Comparison
This section allows you to compare key financial metrics between Li Auto Inc. and Ulta Beauty, 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
LI vs. ULTA - Profitability Comparison
LI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Li Auto Inc. reported a gross profit of 1.80B and revenue of 22.84B. Therefore, the gross margin over that period was 7.9%.
ULTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported a gross profit of 1.27B and revenue of 3.16B. Therefore, the gross margin over that period was 40.1%.
LI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Li Auto Inc. reported an operating income of -2.95B and revenue of 22.84B, resulting in an operating margin of -12.9%.
ULTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported an operating income of 448.26M and revenue of 3.16B, resulting in an operating margin of 14.2%.
LI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Li Auto Inc. reported a net income of -2.28B and revenue of 22.84B, resulting in a net margin of -10.0%.
ULTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported a net income of 340.47M and revenue of 3.16B, resulting in a net margin of 10.8%.
Frequently Asked Questions
LI and ULTA have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LI has higher volatility (15.12%) compared to ULTA (9.69%). In terms of maximum drawdown, LI dropped -70.65% vs ULTA's -87.89%.
ULTA currently has the higher Sharpe Ratio (0.03 vs -1.26), 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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