PONY vs. FSLR
PONY (Pony AI Inc) and FSLR (First Solar, Inc.) are both stocks. Both are in the Technology sector — PONY in Information Technology Services, FSLR in Solar. Over the past year, PONY returned -35.56% vs 72.28% for FSLR. At a 0.26 correlation, their price movements are largely independent.
Performance
PONY vs. FSLR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PONY achieves a -49.52% return, which is significantly lower than FSLR's -4.59% return.
PONY
- 1D
- -6.87%
- 1M
- -17.94%
- YTD
- -49.52%
- 6M
- -53.64%
- 1Y
- -35.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FSLR
- 1D
- -5.27%
- 1M
- -3.34%
- YTD
- -4.59%
- 6M
- -7.48%
- 1Y
- 72.28%
- 3Y*
- 10.54%
- 5Y*
- 24.15%
- 10Y*
- 18.40%
PONY vs. FSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PONY Pony AI Inc | -49.52% | 1.05% | -4.33% |
FSLR First Solar, Inc. | -4.59% | 48.22% | -8.36% |
Correlation
The correlation between PONY and FSLR is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2024 | 0.26 |
Fundamentals
PONY:
$3.17B
FSLR:
$26.82B
PONY:
-$0.35
FSLR:
$15.48
PONY:
26.65
FSLR:
4.95
PONY:
1.97
FSLR:
2.72
PONY:
$110.40M
FSLR:
$5.42B
PONY:
$17.42M
FSLR:
$2.26B
PONY:
-$247.35M
FSLR:
$2.15B
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
PONY vs. FSLR — Risk / Return Rank
PONY
FSLR
PONY vs. FSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pony AI Inc (PONY) and First Solar, Inc. (FSLR). 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.
| PONY | FSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.25 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 2.07 | -2.58 |
| Martin ratioReturn relative to average drawdown | -0.89 | 4.36 | -5.24 |
Loading charts...
Drawdowns
PONY vs. FSLR - Drawdown Comparison
The maximum PONY drawdown since its inception was -82.38%, smaller than the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for PONY and FSLR.
Loading charts...
Drawdown Indicators
| PONY | FSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.38% | -96.22% | +13.84% |
Max Drawdown (1Y)Largest decline over 1 year | -69.58% | -35.10% | -34.48% |
Max Drawdown (3Y)Largest decline over 3 years | — | -59.97% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -59.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.26% | — |
Current DrawdownCurrent decline from peak | -69.58% | -21.68% | -47.90% |
Average DrawdownAverage peak-to-trough decline | -38.26% | -63.14% | +24.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.17% | 16.64% | +23.53% |
Volatility
PONY vs. FSLR - Volatility Comparison
Pony AI Inc (PONY) and First Solar, Inc. (FSLR) have volatilities of 22.20% and 22.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PONY | FSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.20% | 22.78% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 50.91% | 41.85% | +9.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.44% | 55.76% | +20.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 119.59% | 54.18% | +65.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 119.59% | 50.90% | +68.69% |
Dividends
PONY vs. FSLR - Dividend Comparison
Neither PONY nor FSLR has paid dividends to shareholders.
Financials
PONY vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Pony AI Inc and First Solar, 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
Frequently Asked Questions
PONY and FSLR have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSLR has higher volatility (22.78%) compared to PONY (22.20%). In terms of maximum drawdown, PONY dropped -82.38% vs FSLR's -96.22%.
FSLR currently has the higher Sharpe Ratio (1.30 vs -0.47), 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 PONY and FSLR
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