PDD vs. CRWD
PDD (PDD Holdings Inc.) and CRWD (CrowdStrike Holdings, Inc.) are both stocks. PDD operates in Internet Retail (Consumer Cyclical), while CRWD operates in Software - Infrastructure (Technology). Over the past 5 years, PDD returned -5.18%/yr vs 23.14%/yr for CRWD. At a 0.27 correlation, their price movements are largely independent.
Performance
PDD vs. CRWD - Performance Comparison
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Returns By Period
In the year-to-date period, PDD achieves a -24.92% return, which is significantly lower than CRWD's 59.72% return.
PDD
- 1D
- -0.87%
- 1M
- 4.71%
- 6M
- -29.38%
- YTD
- -24.92%
- 1Y
- -18.85%
- 3Y*
- 6.22%
- 5Y*
- -5.18%
- 10Y*
- —
CRWD
- 1D
- -5.66%
- 1M
- 8.27%
- 6M
- 59.10%
- YTD
- 59.72%
- 1Y
- 56.49%
- 3Y*
- 70.60%
- 5Y*
- 23.14%
- 10Y*
- —
PDD vs. CRWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PDD PDD Holdings Inc. | -24.92% | 16.91% | -33.71% | 79.41% | 39.88% | -67.19% | 369.78% | 88.63% |
CRWD CrowdStrike Holdings, Inc. | 59.72% | 37.00% | 34.01% | 142.49% | -48.58% | -3.34% | 324.74% | -21.46% |
Correlation
The correlation between PDD and CRWD is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 0.27 |
The correlation between PDD and CRWD shifts across timeframes, from 0.15 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PDD:
$121.17B
CRWD:
$190.60B
PDD:
CN¥64.36
CRWD:
-$0.02
PDD:
1.94
CRWD:
9.34
PDD:
2.03
CRWD:
10.42
PDD:
CN¥441.76B
CRWD:
$5.09B
PDD:
CN¥247.30B
CRWD:
$3.82B
PDD:
CN¥134.30B
CRWD:
$246.78M
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Return for Risk
PDD vs. CRWD — Risk / Return Rank
PDD
CRWD
PDD vs. CRWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PDD Holdings Inc. (PDD) and CrowdStrike Holdings, Inc. (CRWD). 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 | CRWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.22 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 1.45 | -1.86 |
| Martin ratioReturn relative to average drawdown | -0.84 | 3.43 | -4.27 |
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Drawdowns
PDD vs. CRWD - Drawdown Comparison
The maximum PDD drawdown since its inception was -87.41%, which is greater than CRWD's maximum drawdown of -67.69%. Use the drawdown chart below to compare losses from any high point for PDD and CRWD.
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Drawdown Indicators
| PDD | CRWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.41% | -67.69% | -19.72% |
Max Drawdown (1Y)Largest decline over 1 year | -46.93% | -37.18% | -9.75% |
Max Drawdown (3Y)Largest decline over 3 years | -53.48% | -44.44% | -9.04% |
Max Drawdown (5Y)Largest decline over 5 years | -77.22% | -67.69% | -9.53% |
Current DrawdownCurrent decline from peak | -58.03% | -6.12% | -51.91% |
Average DrawdownAverage peak-to-trough decline | -39.51% | -23.45% | -16.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.53% | 15.79% | +6.74% |
Volatility
PDD vs. CRWD - Volatility Comparison
The current volatility for PDD Holdings Inc. (PDD) is 11.70%, while CrowdStrike Holdings, Inc. (CRWD) has a volatility of 13.07%. This indicates that PDD experiences smaller price fluctuations and is considered to be less risky than CRWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDD | CRWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.70% | 13.07% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 26.66% | 38.28% | -11.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.79% | 46.13% | -12.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.03% | 50.80% | +17.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.18% | 55.95% | +13.23% |
Dividends
PDD vs. CRWD - Dividend Comparison
Neither PDD nor CRWD has paid dividends to shareholders.
Financials
PDD vs. CRWD - Financials Comparison
This section allows you to compare key financial metrics between PDD Holdings Inc. and CrowdStrike Holdings, 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
PDD vs. CRWD - Profitability Comparison
PDD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, PDD Holdings Inc. reported a gross profit of 58.98B and revenue of 105.59B. Therefore, the gross margin over that period was 55.9%.
CRWD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, CrowdStrike Holdings, Inc. reported a gross profit of 1.04B and revenue of 1.39B. Therefore, the gross margin over that period was 75.3%.
PDD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, PDD Holdings Inc. reported an operating income of 21.02B and revenue of 105.59B, resulting in an operating margin of 19.9%.
CRWD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, CrowdStrike Holdings, Inc. reported an operating income of -30.60M and revenue of 1.39B, resulting in an operating margin of -2.2%.
PDD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, PDD Holdings Inc. reported a net income of 12.47B and revenue of 105.59B, resulting in a net margin of 11.8%.
CRWD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, CrowdStrike Holdings, Inc. reported a net income of 45.97M and revenue of 1.39B, resulting in a net margin of 3.3%.
Frequently Asked Questions
PDD and CRWD have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRWD has higher volatility (13.07%) compared to PDD (11.70%). In terms of maximum drawdown, PDD dropped -87.41% vs CRWD's -67.69%.
CRWD currently has the higher Sharpe Ratio (1.18 vs -0.56), 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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