PONY vs. WRD

Last updated Apr 1, 2026

Compare and contrast key facts about Pony AI Inc (PONY) and WeRide Inc (WRD).

Performance

PONY vs. WRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pony AI Inc (PONY) and WeRide Inc (WRD). The values are adjusted to include any dividend payments, if applicable.

PONY vs. WRD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PONY Pony AI Inc	-34.90%	1.05%	19.58%
WRD WeRide Inc	-6.80%	-38.79%	-17.37%

Fundamentals

Market Cap PONY : $3.98B WRD : $2.63B
EPS PONY : -$0.34 WRD : -$5.52
PS Ratio PONY : 40.99 WRD : 3.54
PB Ratio PONY : 2.41 WRD : 0.33
Total Revenue (TTM) PONY : $90.13M WRD : $680.25M
Gross Profit (TTM) PONY : $14.18M WRD : $205.29M
EBITDA (TTM) PONY : -$242.96M WRD : -$1.84B

Returns By Period

In the year-to-date period, PONY achieves a -34.90% return, which is significantly lower than WRD's -6.80% return.

PONY

• 1D: 10.54%
• 1M: -34.17%
• YTD: -34.90%
• 6M: -58.03%
• 1Y: 7.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WRD

• 1D: 13.78%
• 1M: 15.74%
• YTD: -6.80%
• 6M: -18.28%
• 1Y: -40.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

PONY vs. WRD — Risk / Return Rank

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

PONY

PONY Risk / Return Rank: 50
PONY Sharpe Ratio Rank: 44
PONY Sortino Ratio Rank: 62
PONY Omega Ratio Rank: 56
PONY Calmar Ratio Rank: 43
PONY Martin Ratio Rank: 44

WRD

WRD Risk / Return Rank: 21
WRD Sharpe Ratio Rank: 22
WRD Sortino Ratio Rank: 25
WRD Omega Ratio Rank: 26
WRD Calmar Ratio Rank: 13
WRD Martin Ratio Rank: 20

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.

PONY vs. WRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pony AI Inc (PONY) and WeRide Inc (WRD). 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.

	PONY	WRD	Difference
Sharpe ratio Return per unit of total volatility	0.06	-0.44	+0.50
Sortino ratio Return per unit of downside risk	1.23	-0.22	+1.45
Omega ratio Gain probability vs. loss probability	1.13	0.98	+0.16
Calmar ratio Return relative to maximum drawdown	0.08	-0.80	+0.88
Martin ratio Return relative to average drawdown	0.15	-1.18	+1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PONY vs. WRD - Sharpe Ratio Comparison

The current PONY Sharpe Ratio is 0.06, which is higher than the WRD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of PONY and WRD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PONY	WRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	-0.44	+0.50
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	-0.32	+0.18

Correlation

The correlation between PONY and WRD is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PONY vs. WRD - Dividend Comparison

Neither PONY nor WRD has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PONY vs. WRD - Drawdown Comparison

The maximum PONY drawdown since its inception was -82.38%, roughly equal to the maximum WRD drawdown of -84.58%. Use the drawdown chart below to compare losses from any high point for PONY and WRD.

Drawdown Indicators

	PONY	WRD	Difference
Max Drawdown Largest peak-to-trough decline	-82.38%	-84.58%	+2.20%
Max Drawdown (1Y) Largest decline over 1 year	-64.51%	-55.24%	-9.27%
Current Drawdown Current decline from peak	-60.76%	-79.98%	+19.22%
Average Drawdown Average peak-to-trough decline	-34.18%	-65.19%	+31.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.01%	37.53%	-2.52%

Volatility

PONY vs. WRD - Volatility Comparison

Pony AI Inc (PONY) has a higher volatility of 26.46% compared to WeRide Inc (WRD) at 23.74%. This indicates that PONY's price experiences larger fluctuations and is considered to be riskier than WRD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PONY	WRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.46%	23.74%	+2.72%
Volatility (6M) Calculated over the trailing 6-month period	54.74%	51.50%	+3.24%
Volatility (1Y) Calculated over the trailing 1-year period	128.43%	91.27%	+37.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	125.23%	125.51%	-0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.23%	125.51%	-0.28%

Financials