TCOM vs. NIO
TCOM (Trip.com Group Limited) and NIO (NIO Inc.) are both stocks. Both are in the Consumer Cyclical sector — TCOM in Travel Services, NIO in Auto Manufacturers. Over the past 5 years, TCOM returned 4.71%/yr vs -33.76%/yr for NIO. At a 0.37 correlation, their price movements are largely independent.
Performance
TCOM vs. NIO - Performance Comparison
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Returns By Period
In the year-to-date period, TCOM achieves a -34.35% return, which is significantly lower than NIO's 6.86% return.
TCOM
- 1D
- -1.01%
- 1M
- -10.38%
- YTD
- -34.35%
- 6M
- -32.70%
- 1Y
- -22.11%
- 3Y*
- 7.88%
- 5Y*
- 4.71%
- 10Y*
- 1.74%
NIO
- 1D
- 1.68%
- 1M
- -6.84%
- YTD
- 6.86%
- 6M
- 6.86%
- 1Y
- 50.14%
- 3Y*
- -11.00%
- 5Y*
- -33.76%
- 10Y*
- —
TCOM vs. NIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TCOM Trip.com Group Limited | -34.35% | 5.24% | 90.67% | 4.68% | 39.72% | -27.01% | 0.57% | 23.95% | -26.63% |
NIO NIO Inc. | 6.86% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 1,112.44% | -36.89% | -3.48% |
Correlation
The correlation between TCOM and NIO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2018 | 0.37 |
The correlation between TCOM and NIO shifts across timeframes, from 0.24 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TCOM:
$33.07B
NIO:
$13.52B
TCOM:
$47.68
NIO:
-$3.74
TCOM:
0.53
NIO:
0.13
TCOM:
0.19
NIO:
3.12
TCOM:
$62.20B
NIO:
$100.51B
TCOM:
$50.12B
NIO:
$15.77B
TCOM:
$34.17B
NIO:
-$7.54B
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Return for Risk
TCOM vs. NIO — Risk / Return Rank
TCOM
NIO
TCOM vs. NIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trip.com Group Limited (TCOM) and NIO Inc. (NIO). 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.
| TCOM | NIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -2.23 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.17 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 1.15 | -1.69 |
| Martin ratioReturn relative to average drawdown | -1.04 | 2.06 | -3.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TCOM | NIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.61 | 0.80 | -1.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | -0.47 | +0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | -0.03 | +0.33 |
Drawdowns
TCOM vs. NIO - Drawdown Comparison
The maximum TCOM drawdown since its inception was -76.34%, smaller than the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for TCOM and NIO.
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Drawdown Indicators
| TCOM | NIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.34% | -95.00% | +18.66% |
Max Drawdown (1Y)Largest decline over 1 year | -41.27% | -43.73% | +2.46% |
Max Drawdown (3Y)Largest decline over 3 years | -41.27% | -79.69% | +38.42% |
Max Drawdown (5Y)Largest decline over 5 years | -55.36% | -94.10% | +38.74% |
Max Drawdown (10Y)Largest decline over 10 years | -71.96% | — | — |
Current DrawdownCurrent decline from peak | -40.21% | -91.33% | +51.12% |
Average DrawdownAverage peak-to-trough decline | -27.83% | -67.89% | +40.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.25% | 24.47% | -3.22% |
Volatility
TCOM vs. NIO - Volatility Comparison
The current volatility for Trip.com Group Limited (TCOM) is 6.70%, while NIO Inc. (NIO) has a volatility of 19.67%. This indicates that TCOM experiences smaller price fluctuations and is considered to be less risky than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TCOM | NIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 19.67% | -12.97% |
Volatility (6M)Calculated over the trailing 6-month period | 27.46% | 40.94% | -13.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.34% | 63.03% | -26.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.09% | 71.70% | -22.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.30% | 86.69% | -42.39% |
Dividends
TCOM vs. NIO - Dividend Comparison
Neither TCOM nor NIO has paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
NIO NIO Inc. | 0.00% | 0.00% |
TCOM Trip.com Group Limited | 0.00% | 0.42% |
Financials
TCOM vs. NIO - Financials Comparison
This section allows you to compare key financial metrics between Trip.com Group Limited and NIO 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. NIO - Profitability Comparison
TCOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trip.com Group Limited reported a gross profit of 11.99B and revenue of 15.19B. Therefore, the gross margin over that period was 79.0%.
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
TCOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trip.com Group Limited reported an operating income of 2.50B and revenue of 15.19B, resulting in an operating margin of 16.5%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
TCOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trip.com Group Limited reported a net income of 4.22B and revenue of 15.19B, resulting in a net margin of 27.8%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
Frequently Asked Questions
TCOM and NIO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIO has higher volatility (19.67%) compared to TCOM (6.70%). In terms of maximum drawdown, TCOM dropped -76.34% vs NIO's -95.00%.
NIO currently has the higher Sharpe Ratio (0.80 vs -0.61), 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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