SOHU vs. NTES
SOHU (Sohu.com Limited) and NTES (NetEase, Inc.) are both stocks. Both operate in the Internet Content & Information industry within the Communication Services sector. Over the past 10 years, SOHU returned -10.56%/yr vs 15.24%/yr for NTES. At a 0.44 correlation, their price movements are largely independent.
Performance
SOHU vs. NTES - Performance Comparison
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Returns By Period
In the year-to-date period, SOHU achieves a -24.94% return, which is significantly lower than NTES's -15.24% return. Over the past 10 years, SOHU has underperformed NTES with an annualized return of -10.56%, while NTES has yielded a comparatively higher 15.24% annualized return.
SOHU
- 1D
- -3.14%
- 1M
- -15.60%
- YTD
- -24.94%
- 6M
- -24.94%
- 1Y
- -10.45%
- 3Y*
- 2.26%
- 5Y*
- -8.70%
- 10Y*
- -10.56%
NTES
- 1D
- -2.40%
- 1M
- -6.36%
- YTD
- -15.24%
- 6M
- -14.95%
- 1Y
- -11.67%
- 3Y*
- 10.26%
- 5Y*
- 3.67%
- 10Y*
- 15.24%
SOHU vs. NTES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOHU Sohu.com Limited | -24.94% | 18.66% | 32.73% | -27.57% | -15.79% | 2.13% | 42.58% | -35.82% | -59.82% | 27.91% |
NTES NetEase, Inc. | -15.24% | 58.28% | -1.73% | 30.59% | -27.35% | 7.11% | 57.88% | 34.66% | -31.31% | 62.21% |
Correlation
The correlation between SOHU and NTES is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2000 | 0.44 |
Fundamentals
SOHU:
$305.92M
NTES:
$74.11B
SOHU:
$7.61
NTES:
CN¥52.95
SOHU:
1.54
NTES:
14.75
SOHU:
0.01
NTES:
0.69
SOHU:
0.54
NTES:
4.40
SOHU:
0.24
NTES:
3.06
SOHU:
$591.08M
NTES:
CN¥114.39B
SOHU:
$462.69M
NTES:
CN¥75.14B
SOHU:
-$20.98M
NTES:
CN¥40.24B
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Return for Risk
SOHU vs. NTES — Risk / Return Rank
SOHU
NTES
SOHU vs. NTES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sohu.com Limited (SOHU) and NetEase, Inc. (NTES). 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.
| SOHU | NTES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.95 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | -0.38 | +0.05 |
| Martin ratioReturn relative to average drawdown | -1.06 | -0.66 | -0.40 |
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Drawdowns
SOHU vs. NTES - Drawdown Comparison
The maximum SOHU drawdown since its inception was -95.43%, roughly equal to the maximum NTES drawdown of -96.54%. Use the drawdown chart below to compare losses from any high point for SOHU and NTES.
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Drawdown Indicators
| SOHU | NTES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.43% | -96.54% | +1.11% |
Max Drawdown (1Y)Largest decline over 1 year | -31.82% | -30.46% | -1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -53.61% | -33.97% | -19.64% |
Max Drawdown (5Y)Largest decline over 5 years | -67.70% | -51.38% | -16.32% |
Max Drawdown (10Y)Largest decline over 10 years | -92.15% | -57.34% | -34.81% |
Current DrawdownCurrent decline from peak | -88.95% | -26.49% | -62.46% |
Average DrawdownAverage peak-to-trough decline | -60.35% | -24.65% | -35.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.85% | 17.66% | -7.81% |
Volatility
SOHU vs. NTES - Volatility Comparison
Sohu.com Limited (SOHU) has a higher volatility of 8.62% compared to NetEase, Inc. (NTES) at 7.22%. This indicates that SOHU's price experiences larger fluctuations and is considered to be riskier than NTES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOHU | NTES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.62% | 7.22% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 24.18% | 21.09% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.60% | 29.35% | +5.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.96% | 43.69% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.55% | 41.82% | +10.73% |
Dividends
SOHU vs. NTES - Dividend Comparison
SOHU has not paid dividends to shareholders, while NTES's dividend yield for the trailing twelve months is around 2.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NTES NetEase, Inc. | 2.63% | 2.21% | 2.74% | 1.88% | 2.10% | 0.80% | 0.97% | 3.19% | 0.71% | 1.05% | 1.36% | 0.98% |
SOHU Sohu.com Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SOHU vs. NTES - Financials Comparison
This section allows you to compare key financial metrics between Sohu.com Limited and NetEase, 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
SOHU vs. NTES - Profitability Comparison
SOHU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sohu.com Limited reported a gross profit of 111.81M and revenue of 141.71M. Therefore, the gross margin over that period was 78.9%.
NTES - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NetEase, Inc. reported a gross profit of 21.22B and revenue of 30.59B. Therefore, the gross margin over that period was 69.4%.
SOHU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sohu.com Limited reported an operating income of -6.75M and revenue of 141.71M, resulting in an operating margin of -4.8%.
NTES - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NetEase, Inc. reported an operating income of 12.66B and revenue of 30.59B, resulting in an operating margin of 41.4%.
SOHU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sohu.com Limited reported a net income of -4.33M and revenue of 141.71M, resulting in a net margin of -3.1%.
NTES - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NetEase, Inc. reported a net income of 10.67B and revenue of 30.59B, resulting in a net margin of 34.9%.
Frequently Asked Questions
SOHU and NTES have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOHU has higher volatility (8.62%) compared to NTES (7.22%). In terms of maximum drawdown, SOHU dropped -95.43% vs NTES's -96.54%.
SOHU currently has the higher Sharpe Ratio (-0.31 vs -0.40), 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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