NEGG vs. UCL

Last updated Jun 3, 2026

NEGG (Newegg Commerce, Inc.) and UCL (uCloudlink Group Inc.) are both stocks. NEGG operates in Internet Retail (Consumer Cyclical), while UCL operates in Telecom Services (Communication Services). Over the past 5 years, NEGG returned -36.63%/yr vs -38.40%/yr for UCL. At a 0.06 correlation, their price movements are largely independent.

Performance

NEGG vs. UCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Newegg Commerce, Inc. (NEGG) and uCloudlink Group Inc. (UCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEGG achieves a -60.62% return, which is significantly lower than UCL's -38.41% return.

NEGG

• 1D: 5.66%
• 1M: -41.40%
• YTD: -60.62%
• 6M: -71.55%
• 1Y: 273.99%
• 3Y*: -3.14%
• 5Y*: -36.63%
• 10Y*: -22.41%

UCL

• 1D: -9.82%
• 1M: -15.83%
• YTD: -38.41%
• 6M: -48.73%
• 1Y: -36.88%
• 3Y*: -33.66%
• 5Y*: -38.40%
• 10Y*: —

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

NEGG vs. UCL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
NEGG Newegg Commerce, Inc.	-60.62%	540.26%	-68.54%	-3.82%	-87.37%	149.88%	-7.37%
UCL uCloudlink Group Inc.	-38.41%	-21.90%	20.00%	-47.60%	-49.32%	-37.48%	-38.86%

Correlation

The correlation between NEGG and UCL is -0.05, 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	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jun 11, 2020	0.06

The correlation between NEGG and UCL shifts across timeframes, from -0.05 (1 year) to 0.06 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS NEGG : -$1.16 UCL : $0.16
PS Ratio NEGG : 0.30 UCL : 0.26
Total Revenue (TTM) NEGG : $1.31B UCL : $79.66M
Gross Profit (TTM) NEGG : $148.16M UCL : $41.32M
EBITDA (TTM) NEGG : -$19.73M UCL : $9.87M

Return for Risk

NEGG vs. UCL — Risk / Return Rank

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

NEGG

NEGG Risk / Return Rank: 83
NEGG Sharpe Ratio Rank: 79
NEGG Sortino Ratio Rank: 89
NEGG Omega Ratio Rank: 84
NEGG Calmar Ratio Rank: 86
NEGG Martin Ratio Rank: 77

UCL

UCL Risk / Return Rank: 23
UCL Sharpe Ratio Rank: 20
UCL Sortino Ratio Rank: 23
UCL Omega Ratio Rank: 23
UCL Calmar Ratio Rank: 22
UCL Martin Ratio Rank: 25

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.

NEGG vs. UCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Newegg Commerce, Inc. (NEGG) and uCloudlink Group Inc. (UCL). 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.

	NEGG	UCL	Difference
Sharpe ratio Return per unit of total volatility	1.40	-0.48	+1.88
Sortino ratio Return per unit of downside risk	3.13	-0.31	+3.44
Omega ratio Gain probability vs. loss probability	1.36	0.96	+0.40
Calmar ratio Return relative to maximum drawdown	3.66	-0.53	+4.19
Martin ratio Return relative to average drawdown	5.58	-0.81	+6.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NEGG vs. UCL - Sharpe Ratio Comparison

The current NEGG Sharpe Ratio is 1.40, which is higher than the UCL Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of NEGG and UCL, 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

	NEGG	UCL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	-0.48	+1.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	-0.36	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	-0.36	+0.17

Drawdowns

NEGG vs. UCL - Drawdown Comparison

The maximum NEGG drawdown since its inception was -99.83%, roughly equal to the maximum UCL drawdown of -97.28%. Use the drawdown chart below to compare losses from any high point for NEGG and UCL.

Drawdown Indicators

	NEGG	UCL	Difference
Max Drawdown Largest peak-to-trough decline	-99.83%	-97.28%	-2.55%
Max Drawdown (1Y) Largest decline over 1 year	-85.50%	-75.01%	-10.49%
Max Drawdown (3Y) Largest decline over 3 years	-90.28%	-76.90%	-13.38%
Max Drawdown (5Y) Largest decline over 5 years	-99.74%	-95.75%	-3.99%
Max Drawdown (10Y) Largest decline over 10 years	-99.74%	—	—
Current Drawdown Current decline from peak	-99.01%	-94.39%	-4.62%
Average Drawdown Average peak-to-trough decline	-85.53%	-77.64%	-7.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	56.14%	49.00%	+7.14%

Volatility

NEGG vs. UCL - Volatility Comparison

Newegg Commerce, Inc. (NEGG) has a higher volatility of 23.16% compared to uCloudlink Group Inc. (UCL) at 18.35%. This indicates that NEGG's price experiences larger fluctuations and is considered to be riskier than UCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEGG	UCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.16%	18.35%	+4.81%
Volatility (6M) Calculated over the trailing 6-month period	63.71%	43.43%	+20.28%
Volatility (1Y) Calculated over the trailing 1-year period	197.29%	77.40%	+119.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	152.35%	108.25%	+44.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.21%	104.77%	+40.44%

Dividends

NEGG vs. UCL - Dividend Comparison

Neither NEGG nor UCL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NEGG and UCL in my portfolio?

NEGG and UCL have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NEGG or UCL?

NEGG has higher volatility (23.16%) compared to UCL (18.35%). In terms of maximum drawdown, NEGG dropped -99.83% vs UCL's -97.28%.

Which has better risk-adjusted returns?

NEGG currently has the higher Sharpe Ratio (1.40 vs -0.48), 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.