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PDD vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PDD and VOO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

PDD vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pinduoduo Inc. (PDD) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
279.59%
130.02%
PDD
VOO

Key characteristics

Sharpe Ratio

PDD:

-0.58

VOO:

2.04

Sortino Ratio

PDD:

-0.52

VOO:

2.72

Omega Ratio

PDD:

0.92

VOO:

1.38

Calmar Ratio

PDD:

-0.57

VOO:

3.02

Martin Ratio

PDD:

-1.54

VOO:

13.60

Ulcer Index

PDD:

20.60%

VOO:

1.88%

Daily Std Dev

PDD:

55.08%

VOO:

12.52%

Max Drawdown

PDD:

-87.41%

VOO:

-33.99%

Current Drawdown

PDD:

-50.03%

VOO:

-3.52%

Returns By Period

In the year-to-date period, PDD achieves a -30.73% return, which is significantly lower than VOO's 24.65% return.


PDD

YTD

-30.73%

1M

-13.60%

6M

-29.71%

1Y

-32.47%

5Y*

22.17%

10Y*

N/A

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

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Risk-Adjusted Performance

PDD vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pinduoduo Inc. (PDD) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for PDD, currently valued at -0.58, compared to the broader market-4.00-2.000.002.00-0.582.04
The chart of Sortino ratio for PDD, currently valued at -0.52, compared to the broader market-4.00-2.000.002.004.00-0.522.72
The chart of Omega ratio for PDD, currently valued at 0.92, compared to the broader market0.501.001.502.000.921.38
The chart of Calmar ratio for PDD, currently valued at -0.57, compared to the broader market0.002.004.006.00-0.573.02
The chart of Martin ratio for PDD, currently valued at -1.54, compared to the broader market0.0010.0020.00-1.5413.60
PDD
VOO

The current PDD Sharpe Ratio is -0.58, which is lower than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of PDD and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.58
2.04
PDD
VOO

Dividends

PDD vs. VOO - Dividend Comparison

PDD has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.26%.


TTM20232022202120202019201820172016201520142013
PDD
Pinduoduo Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

PDD vs. VOO - Drawdown Comparison

The maximum PDD drawdown since its inception was -87.41%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PDD and VOO. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-50.03%
-3.52%
PDD
VOO

Volatility

PDD vs. VOO - Volatility Comparison

Pinduoduo Inc. (PDD) has a higher volatility of 17.76% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that PDD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
17.76%
3.58%
PDD
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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