TTD vs. BUD

Last updated Jun 13, 2026

TTD (The Trade Desk, Inc.) and BUD (Anheuser-Busch InBev SA/NV) are both stocks. TTD operates in Software - Application (Technology), while BUD operates in Beverages - Brewers (Consumer Defensive). Over the past 5 years, TTD returned -20.31%/yr vs 2.63%/yr for BUD. At a 0.19 correlation, their price movements are largely independent.

Performance

TTD vs. BUD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Trade Desk, Inc. (TTD) and Anheuser-Busch InBev SA/NV (BUD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTD achieves a -49.21% return, which is significantly lower than BUD's 31.39% return.

TTD

• 1D: 2.01%
• 1M: -8.84%
• YTD: -49.21%
• 6M: -47.39%
• 1Y: -71.63%
• 3Y*: -37.11%
• 5Y*: -20.31%
• 10Y*: —

BUD

• 1D: 0.78%
• 1M: 2.46%
• YTD: 31.39%
• 6M: 32.01%
• 1Y: 18.48%
• 3Y*: 16.08%
• 5Y*: 2.63%
• 10Y*: -1.70%

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

TTD vs. BUD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTD The Trade Desk, Inc.	-49.21%	-67.70%	63.33%	60.52%	-51.08%	14.41%	208.34%	123.83%	153.79%	65.27%
BUD Anheuser-Busch InBev SA/NV	31.39%	30.33%	-21.37%	9.04%	0.09%	-12.66%	-13.97%	27.69%	-38.79%	9.62%

Correlation

The correlation between TTD and BUD is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Sep 21, 2016	0.19

The correlation between TTD and BUD shifts across timeframes, from -0.01 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TTD : $9.19B BUD : $163.97B
EPS TTD : $0.89 BUD : $6.15
PE Ratio TTD : 21.71 BUD : 13.48
PEG Ratio TTD : 0.28 BUD : 1.19
PS Ratio TTD : 3.16 BUD : 1.37
PB Ratio TTD : 3.75 BUD : 1.88
Total Revenue (TTM) TTD : $2.97B BUD : $120.38B
Gross Profit (TTM) TTD : $2.31B BUD : $67.02B
EBITDA (TTM) TTD : $725.01M BUD : $35.48B

Return for Risk

TTD vs. BUD — Risk / Return Rank

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

TTD

TTD Risk / Return Rank: 5
TTD Sharpe Ratio Rank: 3
TTD Sortino Ratio Rank: 3
TTD Omega Ratio Rank: 2
TTD Calmar Ratio Rank: 6
TTD Martin Ratio Rank: 13

BUD

BUD Risk / Return Rank: 61
BUD Sharpe Ratio Rank: 65
BUD Sortino Ratio Rank: 56
BUD Omega Ratio Rank: 62
BUD Calmar Ratio Rank: 62
BUD Martin Ratio Rank: 60

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.

TTD vs. BUD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Trade Desk, Inc. (TTD) and Anheuser-Busch InBev SA/NV (BUD). 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.

	TTD	BUD	Difference
Sharpe ratio: Return per unit of total volatility	-1.13	0.67	-1.81
Sortino ratio: Return per unit of downside risk	-1.97	1.01	-2.98
Omega ratio: Gain probability vs. loss probability	0.71	1.16	-0.44
Calmar ratio: Return relative to maximum drawdown	-0.92	0.88	-1.81
Martin ratio: Return relative to average drawdown	-1.28	1.66	-2.94

TTD vs. BUD - Sharpe Ratio Comparison

The current TTD Sharpe Ratio is -1.13, which is lower than the BUD Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of TTD and BUD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TTD vs. BUD - Drawdown Comparison

The maximum TTD drawdown since its inception was -86.45%, which is greater than BUD's maximum drawdown of -70.02%. Use the drawdown chart below to compare losses from any high point for TTD and BUD.

Drawdown Indicators

	TTD	BUD	Difference
Max Drawdown Largest peak-to-trough decline	-86.45%	-70.02%	-16.43%
Max Drawdown (1Y) Largest decline over 1 year	-78.94%	-20.12%	-58.82%
Max Drawdown (3Y) Largest decline over 3 years	-86.45%	-31.55%	-54.90%
Max Drawdown (5Y) Largest decline over 5 years	-86.45%	-42.34%	-44.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-70.02%	—
Current Drawdown Current decline from peak	-86.18%	-22.81%	-63.37%
Average Drawdown Average peak-to-trough decline	-27.27%	-23.45%	-3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	56.84%	10.86%	+45.98%

Volatility

TTD vs. BUD - Volatility Comparison

The Trade Desk, Inc. (TTD) has a higher volatility of 18.89% compared to Anheuser-Busch InBev SA/NV (BUD) at 6.20%. This indicates that TTD's price experiences larger fluctuations and is considered to be riskier than BUD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTD	BUD	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.89%	6.20%	+12.69%
Volatility (6M) Calculated over the trailing 6-month period	41.21%	17.97%	+23.24%
Volatility (1Y) Calculated over the trailing 1-year period	64.24%	26.38%	+37.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.34%	24.90%	+42.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.43%	27.65%	+40.78%

Dividends

TTD vs. BUD - Dividend Comparison

TTD has not paid dividends to shareholders, while BUD's dividend yield for the trailing twelve months is around 1.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BUD Anheuser-Busch InBev SA/NV	1.62%	1.91%	1.74%	1.28%	0.88%	0.98%	0.79%	2.45%	5.15%	3.63%	5.41%	3.21%
TTD The Trade Desk, 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%

Financials

TTD vs. BUD - Profitability Comparison

The chart below illustrates the profitability comparison between The Trade Desk, Inc. and Anheuser-Busch InBev SA/NV over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TTD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported a gross profit of 506.89M and revenue of 688.86M. Therefore, the gross margin over that period was 73.6%.

BUD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported a gross profit of 17.10B and revenue of 30.61B. Therefore, the gross margin over that period was 55.9%.

TTD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported an operating income of 66.65M and revenue of 688.86M, resulting in an operating margin of 9.7%.

BUD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported an operating income of 80.56M and revenue of 30.61B, resulting in an operating margin of 0.3%.

TTD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported a net income of 40.00M and revenue of 688.86M, resulting in a net margin of 5.8%.

BUD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported a net income of 3.01B and revenue of 30.61B, resulting in a net margin of 9.8%.

Frequently Asked Questions

Can I hold both TTD and BUD in my portfolio?

TTD and BUD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTD or BUD?

TTD has higher volatility (18.89%) compared to BUD (6.20%). In terms of maximum drawdown, TTD dropped -86.45% vs BUD's -70.02%.

Which has better risk-adjusted returns?

BUD currently has the higher Sharpe Ratio (0.67 vs -1.13), 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.