TCOM vs. FSLR
TCOM (Trip.com Group Limited) and FSLR (First Solar, Inc.) are both stocks. TCOM operates in Travel Services (Consumer Cyclical), while FSLR operates in Solar (Technology). Over the past 10 years, TCOM returned 0.25%/yr vs 17.10%/yr for FSLR. At a 0.30 correlation, their price movements are largely independent.
Performance
TCOM vs. FSLR - Performance Comparison
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Returns By Period
In the year-to-date period, TCOM achieves a -40.48% return, which is significantly lower than FSLR's -12.79% return. Over the past 10 years, TCOM has underperformed FSLR with an annualized return of 0.25%, while FSLR has yielded a comparatively higher 17.10% annualized return.
TCOM
- 1D
- 3.31%
- 1M
- -9.69%
- 6M
- -43.43%
- YTD
- -40.48%
- 1Y
- -30.88%
- 3Y*
- 6.23%
- 5Y*
- 5.97%
- 10Y*
- 0.25%
FSLR
- 1D
- -0.29%
- 1M
- -15.98%
- 6M
- -4.54%
- YTD
- -12.79%
- 1Y
- 40.25%
- 3Y*
- 6.31%
- 5Y*
- 19.74%
- 10Y*
- 17.10%
TCOM vs. FSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TCOM Trip.com Group Limited | -40.48% | 5.24% | 90.67% | 4.68% | 39.72% | -27.01% | 0.57% | 23.95% | -38.64% | 10.25% |
FSLR First Solar, Inc. | -12.79% | 48.22% | 2.30% | 15.01% | 71.86% | -11.89% | 76.77% | 31.81% | -37.12% | 110.41% |
Correlation
The correlation between TCOM and FSLR is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2006 | 0.30 |
Over the past year, the correlation between TCOM and FSLR has dropped to 0.09 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
TCOM:
$26.95B
FSLR:
$24.48B
TCOM:
CN¥45.41
FSLR:
$15.48
TCOM:
6.39
FSLR:
14.72
TCOM:
0.04
FSLR:
0.35
TCOM:
3.12
FSLR:
4.52
TCOM:
1.20
FSLR:
2.48
TCOM:
CN¥64.48B
FSLR:
$5.42B
TCOM:
CN¥51.79B
FSLR:
$2.26B
TCOM:
CN¥39.20B
FSLR:
$2.15B
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Return for Risk
TCOM vs. FSLR — Risk / Return Rank
TCOM
FSLR
TCOM vs. FSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trip.com Group Limited (TCOM) 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.
| TCOM | FSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -2.34 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.17 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 1.09 | -1.71 |
| Martin ratioReturn relative to average drawdown | -1.24 | 2.17 | -3.41 |
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Drawdowns
TCOM vs. FSLR - Drawdown Comparison
The maximum TCOM drawdown since its inception was -76.34%, smaller than the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for TCOM and FSLR.
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Drawdown Indicators
| TCOM | FSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.34% | -96.22% | +19.88% |
Max Drawdown (1Y)Largest decline over 1 year | -49.54% | -35.10% | -14.44% |
Max Drawdown (3Y)Largest decline over 3 years | -49.54% | -59.97% | +10.43% |
Max Drawdown (5Y)Largest decline over 5 years | -49.54% | -59.97% | +10.43% |
Max Drawdown (10Y)Largest decline over 10 years | -71.96% | -61.26% | -10.70% |
Current DrawdownCurrent decline from peak | -45.80% | -28.41% | -17.39% |
Average DrawdownAverage peak-to-trough decline | -27.89% | -63.05% | +35.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.98% | 17.53% | +7.45% |
Volatility
TCOM vs. FSLR - Volatility Comparison
Trip.com Group Limited (TCOM) has a higher volatility of 16.28% compared to First Solar, Inc. (FSLR) at 15.11%. This indicates that TCOM's price experiences larger fluctuations and is considered to be riskier 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
| TCOM | FSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.28% | 15.11% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 31.02% | 39.86% | -8.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.00% | 54.00% | -16.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.47% | 54.12% | -4.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.42% | 50.78% | -6.36% |
Dividends
TCOM vs. FSLR - Dividend Comparison
Neither TCOM nor FSLR has paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
FSLR First Solar, Inc. | 0.00% | 0.00% |
TCOM Trip.com Group Limited | 0.00% | 0.42% |
Financials
TCOM vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Trip.com Group Limited 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
TCOM vs. FSLR - Profitability Comparison
TCOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Trip.com Group Limited reported a gross profit of 12.80B and revenue of 16.11B. Therefore, the gross margin over that period was 79.5%.
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
TCOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Trip.com Group Limited reported an operating income of 3.92B and revenue of 16.11B, resulting in an operating margin of 24.3%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, First Solar, Inc. reported an operating income of 345.30M and revenue of 1.04B, resulting in an operating margin of 33.1%.
TCOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Trip.com Group Limited reported a net income of 2.48B and revenue of 16.11B, resulting in a net margin of 15.4%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
TCOM and FSLR have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TCOM has higher volatility (16.28%) compared to FSLR (15.11%). In terms of maximum drawdown, TCOM dropped -76.34% vs FSLR's -96.22%.
FSLR currently has the higher Sharpe Ratio (0.71 vs -0.81), 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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