OLPX vs. BIDU

Last updated Jun 4, 2026

OLPX (Olaplex Holdings, Inc.) and BIDU (Baidu, Inc.) are both stocks. OLPX operates in Specialty Retail (Consumer Cyclical), while BIDU operates in Internet Content & Information (Communication Services). Over the past 3 years, OLPX returned -16.36%/yr vs -0.19%/yr for BIDU. At a 0.26 correlation, their price movements are largely independent.

Performance

OLPX vs. BIDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Olaplex Holdings, Inc. (OLPX) and Baidu, Inc. (BIDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OLPX achieves a 51.49% return, which is significantly higher than BIDU's 1.55% return.

OLPX

• 1D: -0.98%
• 1M: -0.00%
• YTD: 51.49%
• 6M: 70.59%
• 1Y: 49.26%
• 3Y*: -16.36%
• 5Y*: —
• 10Y*: —

BIDU

• 1D: -2.95%
• 1M: 4.08%
• YTD: 1.55%
• 6M: 13.13%
• 1Y: 58.42%
• 3Y*: -0.19%
• 5Y*: -7.22%
• 10Y*: -2.66%

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

OLPX vs. BIDU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OLPX Olaplex Holdings, Inc.	51.49%	-22.54%	-31.89%	-51.25%	-82.11%	18.90%
BIDU Baidu, Inc.	1.55%	54.98%	-29.20%	4.12%	-23.13%	-3.23%

Correlation

The correlation between OLPX and BIDU 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	0.18
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.26

Over the past year, the correlation between OLPX and BIDU has dropped to 0.05 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.

Fundamentals

Market Cap OLPX : $1.36B BIDU : $45.84B
EPS OLPX : -$0.02 BIDU : $3.78
PS Ratio OLPX : 3.19 BIDU : 0.35
PB Ratio OLPX : 1.55 BIDU : 0.17
Total Revenue (TTM) OLPX : $425.35M BIDU : $128.51B
Gross Profit (TTM) OLPX : $276.19M BIDU : $54.09B
EBITDA (TTM) OLPX : $50.63M BIDU : $23.17B

Return for Risk

OLPX vs. BIDU — Risk / Return Rank

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

OLPX

OLPX Risk / Return Rank: 66
OLPX Sharpe Ratio Rank: 61
OLPX Sortino Ratio Rank: 69
OLPX Omega Ratio Rank: 69
OLPX Calmar Ratio Rank: 65
OLPX Martin Ratio Rank: 64

BIDU

BIDU Risk / Return Rank: 72
BIDU Sharpe Ratio Rank: 75
BIDU Sortino Ratio Rank: 73
BIDU Omega Ratio Rank: 70
BIDU Calmar Ratio Rank: 71
BIDU Martin Ratio Rank: 70

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.

OLPX vs. BIDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Olaplex Holdings, Inc. (OLPX) and Baidu, Inc. (BIDU). 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.

	OLPX	BIDU	Difference
Sharpe ratio Return per unit of total volatility	0.61	1.19	-0.58
Sortino ratio Return per unit of downside risk	1.69	1.95	-0.26
Omega ratio Gain probability vs. loss probability	1.22	1.23	-0.01
Calmar ratio Return relative to maximum drawdown	1.24	1.71	-0.47
Martin ratio Return relative to average drawdown	2.68	3.81	-1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OLPX vs. BIDU - Sharpe Ratio Comparison

The current OLPX Sharpe Ratio is 0.61, which is lower than the BIDU Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of OLPX and BIDU, 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

	OLPX	BIDU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	1.19	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	0.24	-0.78

Drawdowns

OLPX vs. BIDU - Drawdown Comparison

The maximum OLPX drawdown since its inception was -96.57%, which is greater than BIDU's maximum drawdown of -77.47%. Use the drawdown chart below to compare losses from any high point for OLPX and BIDU.

Drawdown Indicators

	OLPX	BIDU	Difference
Max Drawdown Largest peak-to-trough decline	-96.57%	-77.47%	-19.10%
Max Drawdown (1Y) Largest decline over 1 year	-39.88%	-34.41%	-5.47%
Max Drawdown (3Y) Largest decline over 3 years	-76.12%	-50.73%	-25.39%
Max Drawdown (5Y) Largest decline over 5 years	—	-63.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-77.47%	—
Current Drawdown Current decline from peak	-93.10%	-60.97%	-32.13%
Average Drawdown Average peak-to-trough decline	-79.60%	-35.53%	-44.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.46%	15.37%	+3.09%

Volatility

OLPX vs. BIDU - Volatility Comparison

The current volatility for Olaplex Holdings, Inc. (OLPX) is 2.01%, while Baidu, Inc. (BIDU) has a volatility of 18.21%. This indicates that OLPX experiences smaller price fluctuations and is considered to be less risky than BIDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OLPX	BIDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.01%	18.21%	-16.20%
Volatility (6M) Calculated over the trailing 6-month period	62.55%	35.18%	+27.37%
Volatility (1Y) Calculated over the trailing 1-year period	81.42%	49.46%	+31.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.39%	51.75%	+25.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.39%	46.20%	+31.19%

Dividends

OLPX vs. BIDU - Dividend Comparison

Neither OLPX nor BIDU has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

OLPX vs. BIDU - Profitability Comparison

The chart below illustrates the profitability comparison between Olaplex Holdings, Inc. and Baidu, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OLPX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Olaplex Holdings, Inc. reported a gross profit of 71.66M and revenue of 99.37M. Therefore, the gross margin over that period was 72.1%.

BIDU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Baidu, Inc. reported a gross profit of 12.41B and revenue of 31.88B. Therefore, the gross margin over that period was 38.9%.

OLPX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Olaplex Holdings, Inc. reported an operating income of -5.11M and revenue of 99.37M, resulting in an operating margin of -5.1%.

BIDU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Baidu, Inc. reported an operating income of 3.17B and revenue of 31.88B, resulting in an operating margin of 10.0%.

OLPX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Olaplex Holdings, Inc. reported a net income of -5.29M and revenue of 99.37M, resulting in a net margin of -5.3%.

BIDU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Baidu, Inc. reported a net income of 3.42B and revenue of 31.88B, resulting in a net margin of 10.7%.

Frequently Asked Questions

Can I hold both OLPX and BIDU in my portfolio?

OLPX and BIDU 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, OLPX or BIDU?

BIDU has higher volatility (18.21%) compared to OLPX (2.01%). In terms of maximum drawdown, OLPX dropped -96.57% vs BIDU's -77.47%.

Which has better risk-adjusted returns?

BIDU currently has the higher Sharpe Ratio (1.19 vs 0.61), 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.