TIGR vs. CAN

Last updated Jun 9, 2026

TIGR (UP Fintech Holding Limited) and CAN (Canaan Inc.) are both stocks. TIGR operates in Capital Markets (Financial Services), while CAN operates in Computer Hardware (Technology). Over the past 5 years, TIGR returned -29.56%/yr vs -48.54%/yr for CAN. At a 0.37 correlation, their price movements are largely independent.

Performance

TIGR vs. CAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UP Fintech Holding Limited (TIGR) and Canaan Inc. (CAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with TIGR having a -51.15% return and CAN slightly higher at -48.65%.

TIGR

• 1D: 4.24%
• 1M: -27.71%
• YTD: -51.15%
• 6M: -49.84%
• 1Y: -44.67%
• 3Y*: 13.55%
• 5Y*: -29.56%
• 10Y*: —

CAN

• 1D: -1.06%
• 1M: -30.46%
• YTD: -48.65%
• 6M: -62.18%
• 1Y: -40.84%
• 3Y*: -44.92%
• 5Y*: -48.54%
• 10Y*: —

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

TIGR vs. CAN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TIGR UP Fintech Holding Limited	-51.15%	47.99%	46.15%	29.62%	-30.55%	-38.16%	123.66%	-1.93%
CAN Canaan Inc.	-48.65%	-66.34%	-11.26%	12.14%	-60.00%	-13.15%	-2.79%	-32.22%

Correlation

The correlation between TIGR and CAN is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Nov 21, 2019	0.37

The correlation between TIGR and CAN shifts across timeframes, from 0.33 (3 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TIGR : $831.15M CAN : $244.97M
EPS TIGR : $0.62 CAN : -$0.38
PS Ratio TIGR : 1.34 CAN : 0.39
PB Ratio TIGR : 0.99 CAN : 0.64
Total Revenue (TTM) TIGR : $645.56M CAN : $510.04M
Gross Profit (TTM) TIGR : $533.82M CAN : $17.56M
EBITDA (TTM) TIGR : $236.90M CAN : -$144.51M

Return for Risk

TIGR vs. CAN — Risk / Return Rank

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

TIGR

TIGR Risk / Return Rank: 14
TIGR Sharpe Ratio Rank: 13
TIGR Sortino Ratio Rank: 15
TIGR Omega Ratio Rank: 16
TIGR Calmar Ratio Rank: 17
TIGR Martin Ratio Rank: 10

CAN

CAN Risk / Return Rank: 31
CAN Sharpe Ratio Rank: 28
CAN Sortino Ratio Rank: 37
CAN Omega Ratio Rank: 35
CAN Calmar Ratio Rank: 25
CAN Martin Ratio Rank: 28

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.

TIGR vs. CAN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UP Fintech Holding Limited (TIGR) and Canaan Inc. (CAN). 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.

	TIGR	CAN	Difference
Sharpe ratio: Return per unit of total volatility	-0.67	-0.34	-0.33
Sortino ratio: Return per unit of downside risk	-0.77	0.22	-0.98
Omega ratio: Gain probability vs. loss probability	0.91	1.02	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.67	-0.50	-0.18
Martin ratio: Return relative to average drawdown	-1.35	-0.75	-0.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIGR vs. CAN - Sharpe Ratio Comparison

The current TIGR Sharpe Ratio is -0.67, which is lower than the CAN Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of TIGR and CAN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TIGR	CAN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.67	-0.34	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	-0.44	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	-0.31	+0.19

Drawdowns

TIGR vs. CAN - Drawdown Comparison

The maximum TIGR drawdown since its inception was -93.65%, smaller than the maximum CAN drawdown of -99.03%. Use the drawdown chart below to compare losses from any high point for TIGR and CAN.

Drawdown Indicators

	TIGR	CAN	Difference
Max Drawdown Largest peak-to-trough decline	-93.65%	-99.03%	+5.38%
Max Drawdown (1Y) Largest decline over 1 year	-66.44%	-82.72%	+16.28%
Max Drawdown (3Y) Largest decline over 3 years	-66.44%	-88.89%	+22.45%
Max Drawdown (5Y) Largest decline over 5 years	-92.04%	-96.69%	+4.65%
Current Drawdown Current decline from peak	-87.28%	-99.03%	+11.75%
Average Drawdown Average peak-to-trough decline	-77.94%	-83.78%	+5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.03%	54.77%	-21.74%

Volatility

TIGR vs. CAN - Volatility Comparison

UP Fintech Holding Limited (TIGR) has a higher volatility of 35.71% compared to Canaan Inc. (CAN) at 21.07%. This indicates that TIGR's price experiences larger fluctuations and is considered to be riskier than CAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIGR	CAN	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.71%	21.07%	+14.64%
Volatility (6M) Calculated over the trailing 6-month period	48.46%	60.03%	-11.57%
Volatility (1Y) Calculated over the trailing 1-year period	67.34%	120.30%	-52.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.00%	111.48%	-28.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.75%	126.47%	-36.72%

Dividends

TIGR vs. CAN - Dividend Comparison

Neither TIGR nor CAN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TIGR and CAN in my portfolio?

TIGR and CAN have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIGR or CAN?

TIGR has higher volatility (35.71%) compared to CAN (21.07%). In terms of maximum drawdown, TIGR dropped -93.65% vs CAN's -99.03%.

Which has better risk-adjusted returns?

CAN currently has the higher Sharpe Ratio (-0.34 vs -0.67), 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.