PPLI vs. FSLR
PPLI (People Incorporated) and FSLR (First Solar, Inc.) are both stocks. PPLI operates in Internet Content & Information (Communication Services), while FSLR operates in Solar (Technology). Over the past 10 years, PPLI returned 18.64%/yr vs 18.85%/yr for FSLR. At a 0.31 correlation, their price movements are largely independent.
Performance
PPLI vs. FSLR - Performance Comparison
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Returns By Period
In the year-to-date period, PPLI achieves a 8.26% return, which is significantly higher than FSLR's -4.82% return. Both investments have delivered pretty close results over the past 10 years, with PPLI having a 18.64% annualized return and FSLR not far ahead at 18.85%.
PPLI
- 1D
- -0.59%
- 1M
- -0.31%
- YTD
- 8.26%
- 6M
- 6.44%
- 1Y
- 16.32%
- 3Y*
- 1.04%
- 5Y*
- -16.22%
- 10Y*
- 18.64%
FSLR
- 1D
- 0.11%
- 1M
- -7.89%
- YTD
- -4.82%
- 6M
- -8.66%
- 1Y
- 62.83%
- 3Y*
- 11.67%
- 5Y*
- 23.12%
- 10Y*
- 18.85%
PPLI vs. FSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPLI People Incorporated | 8.26% | 34.76% | -17.64% | 17.97% | -66.03% | 3.75% | 132.14% | 36.10% | 49.69% | 88.73% |
FSLR First Solar, Inc. | -4.82% | 48.22% | 2.30% | 15.01% | 71.86% | -11.89% | 76.77% | 31.81% | -37.12% | 110.41% |
Correlation
The correlation between PPLI and FSLR is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2006 | 0.31 |
Over the past year, the correlation between PPLI and FSLR has dropped to 0.08 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
PPLI:
$3.25B
FSLR:
$26.76B
PPLI:
$0.52
FSLR:
$15.48
PPLI:
82.19
FSLR:
16.06
PPLI:
1.50
FSLR:
4.94
PPLI:
0.71
FSLR:
2.71
PPLI:
$2.25B
FSLR:
$5.42B
PPLI:
$1.48B
FSLR:
$2.26B
PPLI:
$450.27M
FSLR:
$2.15B
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Return for Risk
PPLI vs. FSLR — Risk / Return Rank
PPLI
FSLR
PPLI vs. FSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for People Incorporated (PPLI) 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.
| PPLI | FSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.23 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 1.80 | -1.13 |
| Martin ratioReturn relative to average drawdown | 1.38 | 3.76 | -2.38 |
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Drawdowns
PPLI vs. FSLR - Drawdown Comparison
The maximum PPLI drawdown since its inception was -76.60%, smaller than the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for PPLI and FSLR.
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Drawdown Indicators
| PPLI | FSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.60% | -96.22% | +19.62% |
Max Drawdown (1Y)Largest decline over 1 year | -24.36% | -35.10% | +10.74% |
Max Drawdown (3Y)Largest decline over 3 years | -41.11% | -59.97% | +18.86% |
Max Drawdown (5Y)Largest decline over 5 years | -73.88% | -59.97% | -13.91% |
Max Drawdown (10Y)Largest decline over 10 years | -76.60% | -61.26% | -15.34% |
Current DrawdownCurrent decline from peak | -64.07% | -21.87% | -42.20% |
Average DrawdownAverage peak-to-trough decline | -27.56% | -63.13% | +35.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.85% | 16.75% | -4.90% |
Volatility
PPLI vs. FSLR - Volatility Comparison
The current volatility for People Incorporated (PPLI) is 10.28%, while First Solar, Inc. (FSLR) has a volatility of 21.92%. This indicates that PPLI experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPLI | FSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 21.92% | -11.64% |
Volatility (6M)Calculated over the trailing 6-month period | 23.18% | 41.30% | -18.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.57% | 55.60% | -23.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.30% | 54.11% | -12.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.85% | 50.88% | -11.03% |
Dividends
PPLI vs. FSLR - Dividend Comparison
Neither PPLI nor FSLR has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLR First Solar, 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% |
PPLI People Incorporated | 0.00% | 21.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.26% |
Financials
PPLI vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between People Incorporated 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
PPLI vs. FSLR - Profitability Comparison
PPLI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, People Incorporated reported a gross profit of 263.12M and revenue of 422.89M. Therefore, the gross margin over that period was 62.2%.
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a gross profit of 486.13M and revenue of 1.04B. Therefore, the gross margin over that period was 46.6%.
PPLI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, People Incorporated reported an operating income of -40.07M and revenue of 422.89M, resulting in an operating margin of -9.5%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported an operating income of 345.30M and revenue of 1.04B, resulting in an operating margin of 33.1%.
PPLI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, People Incorporated reported a net income of -71.88M and revenue of 422.89M, resulting in a net margin of -17.0%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a net income of 346.62M and revenue of 1.04B, resulting in a net margin of 33.2%.
Frequently Asked Questions
PPLI and FSLR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSLR has higher volatility (21.92%) compared to PPLI (10.28%). In terms of maximum drawdown, PPLI dropped -76.60% vs FSLR's -96.22%.
FSLR currently has the higher Sharpe Ratio (1.14 vs 0.50), 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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