PDD vs. ATMP
PDD (Pinduoduo Inc.) is a stock, while ATMP (Barclays ETN+ Select MLP ETN) is MLPs fund tracking the CIBC Atlas Select MLP VWAP. Over the past 5 years, PDD returned -7.73%/yr vs 15.05%/yr for ATMP. At a 0.14 correlation, their price movements are largely independent.
Performance
PDD vs. ATMP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PDD achieves a -28.07% return, which is significantly lower than ATMP's 20.60% return.
PDD
- 1D
- 0.32%
- 1M
- -14.67%
- YTD
- -28.07%
- 6M
- -27.15%
- 1Y
- -18.91%
- 3Y*
- 1.73%
- 5Y*
- -7.73%
- 10Y*
- —
ATMP
- 1D
- 0.46%
- 1M
- -3.30%
- YTD
- 20.60%
- 6M
- 20.43%
- 1Y
- 18.09%
- 3Y*
- 21.55%
- 5Y*
- 15.05%
- 10Y*
- 5.20%
PDD vs. ATMP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PDD Pinduoduo Inc. | -28.07% | 16.91% | -33.71% | 79.41% | 39.88% | -67.19% | 369.78% | 68.54% | -15.32% |
ATMP Barclays ETN+ Select MLP ETN | 20.60% | 1.73% | 31.66% | 14.51% | 20.71% | 33.06% | -34.39% | 0.39% | -15.97% |
Correlation
The correlation between PDD and ATMP 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 | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018 | 0.14 |
The correlation between PDD and ATMP shifts across timeframes, from -0.10 (1 year) to 0.15 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PDD vs. ATMP — Risk / Return Rank
PDD
ATMP
PDD vs. ATMP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pinduoduo Inc. (PDD) and Barclays ETN+ Select MLP ETN (ATMP). 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.
| PDD | ATMP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.62 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.23 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 2.53 | -3.05 |
| Martin ratioReturn relative to average drawdown | -1.08 | 5.89 | -6.97 |
Loading charts...
Drawdowns
PDD vs. ATMP - Drawdown Comparison
The maximum PDD drawdown since its inception was -87.41%, which is greater than ATMP's maximum drawdown of -80.86%. Use the drawdown chart below to compare losses from any high point for PDD and ATMP.
Loading charts...
Drawdown Indicators
| PDD | ATMP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.41% | -80.86% | -6.55% |
Max Drawdown (1Y)Largest decline over 1 year | -41.14% | -7.30% | -33.84% |
Max Drawdown (3Y)Largest decline over 3 years | -48.40% | -16.48% | -31.92% |
Max Drawdown (5Y)Largest decline over 5 years | -80.88% | -22.98% | -57.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.66% | — |
Current DrawdownCurrent decline from peak | -59.79% | -5.61% | -54.18% |
Average DrawdownAverage peak-to-trough decline | -39.32% | -31.08% | -8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.55% | 3.13% | +16.42% |
Volatility
PDD vs. ATMP - Volatility Comparison
Pinduoduo Inc. (PDD) has a higher volatility of 14.35% compared to Barclays ETN+ Select MLP ETN (ATMP) at 5.64%. This indicates that PDD's price experiences larger fluctuations and is considered to be riskier than ATMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PDD | ATMP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.35% | 5.64% | +8.71% |
Volatility (6M)Calculated over the trailing 6-month period | 25.50% | 10.99% | +14.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.48% | 14.18% | +18.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.09% | 22.25% | +45.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.37% | 27.67% | +41.70% |
Dividends
PDD vs. ATMP - Dividend Comparison
Neither PDD nor ATMP has paid dividends to shareholders.
Frequently Asked Questions
PDD and ATMP 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.
PDD has higher volatility (14.35%) compared to ATMP (5.64%). In terms of maximum drawdown, PDD dropped -87.41% vs ATMP's -80.86%.
ATMP currently has the higher Sharpe Ratio (1.30 vs -0.65), 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.
Find the right allocation for PDD and ATMP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer