MNSO vs. GLBE
MNSO (MINISO Group Holding Limited) and GLBE (Global-e Online Ltd.) are both stocks. Both are in the Consumer Cyclical sector — MNSO in Specialty Retail, GLBE in Internet Retail. Over the past 5 years, MNSO returned -2.40%/yr vs -10.81%/yr for GLBE. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
MNSO vs. GLBE - Performance Comparison
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Returns By Period
MNSO
- 1D
- -0.69%
- 1M
- 6.73%
- 6M
- -27.88%
- YTD
- -29.00%
- 1Y
- -29.50%
- 3Y*
- -11.73%
- 5Y*
- -2.40%
- 10Y*
- —
- ALL TIME*
- -8.10%
GLBE
- 1D
- -1.40%
- 1M
- 9.71%
- 6M
- 7.55%
- YTD
- 0.00%
- 1Y
- 18.58%
- 3Y*
- -4.37%
- 5Y*
- -10.81%
- 10Y*
- —
- ALL TIME*
- 9.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $66.86M | $52.38M | $58.11M | |
| $8.35M | $8.46M | $8.33M |
MNSO vs. GLBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MNSO MINISO Group Holding Limited | -29.00% | -18.93% | 20.92% | 93.11% | 6.38% | -56.42% |
GLBE Global-e Online Ltd. | -0.00% | -27.91% | 37.60% | 92.01% | -67.44% | 161.40% |
Correlation
The correlation between MNSO and GLBE is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 12, 2021 | 0.26 |
The correlation between MNSO and GLBE shifts across timeframes, from 0.13 (3 years) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MNSO:
$3.97B
GLBE:
$6.60B
MNSO:
CN¥6.68
GLBE:
$0.66
MNSO:
13.13
GLBE:
59.18
MNSO:
0.08
GLBE:
0.01
MNSO:
1.18
GLBE:
6.73
MNSO:
2.46
GLBE:
7.51
MNSO:
CN¥22.58B
GLBE:
$1.02B
MNSO:
CN¥10.10B
GLBE:
$467.05M
MNSO:
CN¥3.73B
GLBE:
$146.46M
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Return for Risk
MNSO vs. GLBE — Risk / Return Rank
MNSO
GLBE
MNSO vs. GLBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MINISO Group Holding Limited (MNSO) and Global-e Online Ltd. (GLBE). 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.
| MNSO | GLBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.11 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 0.55 | -1.08 |
| Martin ratioReturn relative to average drawdown | -0.89 | 1.21 | -2.09 |
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Drawdowns
MNSO vs. GLBE - Drawdown Comparison
The maximum MNSO drawdown since its inception was -86.58%, which is greater than GLBE's maximum drawdown of -79.10%. Use the drawdown chart below to compare losses from any high point for MNSO and GLBE.
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Drawdown Indicators
| MNSO | GLBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.58% | -79.10% | -7.48% |
Max Drawdown (1Y)Largest decline over 1 year | -56.02% | -33.78% | -22.24% |
Max Drawdown (3Y)Largest decline over 3 years | -58.36% | -56.17% | -2.19% |
Max Drawdown (5Y)Largest decline over 5 years | -72.77% | -79.10% | +6.33% |
Current DrawdownCurrent decline from peak | -56.97% | -51.88% | -5.09% |
Average DrawdownAverage peak-to-trough decline | -45.85% | -52.37% | +6.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.33% | 15.42% | +17.91% |
Volatility
MNSO vs. GLBE - Volatility Comparison
MINISO Group Holding Limited (MNSO) has a higher volatility of 13.29% compared to Global-e Online Ltd. (GLBE) at 12.17%. This indicates that MNSO's price experiences larger fluctuations and is considered to be riskier than GLBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MNSO | GLBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.29% | 12.17% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 25.55% | 37.76% | -12.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.99% | 48.48% | -7.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.48% | 67.18% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.12% | 67.66% | +0.46% |
Dividends
MNSO vs. GLBE - Dividend Comparison
MNSO's dividend yield for the trailing twelve months is around 5.12%, while GLBE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GLBE Global-e Online Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MNSO MINISO Group Holding Limited | 5.12% | 3.29% | 2.36% | 2.02% | 1.60% | 1.51% |
Financials
MNSO vs. GLBE - Financials Comparison
This section allows you to compare key financial metrics between MINISO Group Holding Limited and Global-e Online Ltd.. 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
MNSO vs. GLBE - Profitability Comparison
MNSO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, MINISO Group Holding Limited reported a gross profit of 2.45B and revenue of 5.65B. Therefore, the gross margin over that period was 43.3%.
GLBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Global-e Online Ltd. reported a gross profit of 114.88M and revenue of 252.09M. Therefore, the gross margin over that period was 45.6%.
MNSO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, MINISO Group Holding Limited reported an operating income of 689.46M and revenue of 5.65B, resulting in an operating margin of 12.2%.
GLBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Global-e Online Ltd. reported an operating income of 32.97M and revenue of 252.09M, resulting in an operating margin of 13.1%.
MNSO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, MINISO Group Holding Limited reported a net income of 1.24B and revenue of 5.65B, resulting in a net margin of 22.0%.
GLBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Global-e Online Ltd. reported a net income of 30.36M and revenue of 252.09M, resulting in a net margin of 12.0%.
Frequently Asked Questions
MNSO and GLBE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNSO has higher volatility (13.29%) compared to GLBE (12.17%). In terms of maximum drawdown, MNSO dropped -86.58% vs GLBE's -79.10%.
GLBE currently has the higher Sharpe Ratio (0.39 vs -0.73), 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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