TWLO vs. PDD
TWLO (Twilio Inc.) and PDD (PDD Holdings Inc.) are both stocks. TWLO operates in Internet Content & Information (Communication Services), while PDD operates in Internet Retail (Consumer Cyclical). Over the past 5 years, TWLO returned -11.98%/yr vs -0.67%/yr for PDD. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
TWLO vs. PDD - Performance Comparison
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Returns By Period
In the year-to-date period, TWLO achieves a 38.74% return, which is significantly higher than PDD's -21.90% return.
TWLO
- 1D
- 3.36%
- 1M
- -5.70%
- 6M
- 63.83%
- YTD
- 38.74%
- 1Y
- 52.98%
- 3Y*
- 44.46%
- 5Y*
- -11.98%
- 10Y*
- 17.93%
- ALL TIME*
- 23.19%
PDD
- 1D
- 1.28%
- 1M
- 7.32%
- 6M
- -12.36%
- YTD
- -21.90%
- 1Y
- -21.94%
- 3Y*
- -0.57%
- 5Y*
- -0.67%
- 10Y*
- —
- ALL TIME*
- 16.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $489.49M | $566.14M | $770.02M | |
TWLO Twilio Inc. | $289.05M | $339.55M | $479.98M |
TWLO vs. PDD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TWLO Twilio Inc. | 38.74% | 31.61% | 42.45% | 54.96% | -81.41% | -22.20% | 244.42% | 10.06% | 39.23% |
PDD PDD Holdings Inc. | -21.90% | 16.91% | -33.71% | 79.41% | 39.88% | -67.19% | 369.78% | 68.54% | -15.32% |
Correlation
The correlation between TWLO and PDD is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018 | 0.31 |
The correlation between TWLO and PDD shifts across timeframes, from 0.18 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TWLO:
$29.95B
PDD:
$126.06B
TWLO:
$0.66
PDD:
CN¥64.36
TWLO:
296.98
PDD:
9.29
TWLO:
5.82
PDD:
2.01
TWLO:
4.00
PDD:
2.10
TWLO:
$5.30B
PDD:
CN¥441.76B
TWLO:
$2.59B
PDD:
CN¥247.30B
TWLO:
$304.06M
PDD:
CN¥134.30B
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Return for Risk
TWLO vs. PDD — Risk / Return Rank
TWLO
PDD
TWLO vs. PDD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Twilio Inc. (TWLO) and PDD Holdings Inc. (PDD). 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.
| TWLO | PDD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.53 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.91 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.47 | +2.30 |
| Martin ratioReturn relative to average drawdown | 3.78 | -0.90 | +4.68 |
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Drawdowns
TWLO vs. PDD - Drawdown Comparison
The maximum TWLO drawdown since its inception was -90.36%, roughly equal to the maximum PDD drawdown of -87.41%. Use the drawdown chart below to compare losses from any high point for TWLO and PDD.
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Drawdown Indicators
| TWLO | PDD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.36% | -87.41% | -2.95% |
Max Drawdown (1Y)Largest decline over 1 year | -29.01% | -46.93% | +17.92% |
Max Drawdown (3Y)Largest decline over 3 years | -45.17% | -53.48% | +8.31% |
Max Drawdown (5Y)Largest decline over 5 years | -88.74% | -76.30% | -12.44% |
Max Drawdown (10Y)Largest decline over 10 years | -90.36% | — | — |
Current DrawdownCurrent decline from peak | -55.50% | -56.34% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -49.58% | -39.65% | -9.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.07% | 24.37% | -10.30% |
Volatility
TWLO vs. PDD - Volatility Comparison
Twilio Inc. (TWLO) has a higher volatility of 11.67% compared to PDD Holdings Inc. (PDD) at 7.74%. This indicates that TWLO's price experiences larger fluctuations and is considered to be riskier than PDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TWLO | PDD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.67% | 7.74% | +3.93% |
Volatility (6M)Calculated over the trailing 6-month period | 42.55% | 26.27% | +16.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.49% | 33.67% | +26.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.33% | 67.32% | -7.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.77% | 68.97% | -9.20% |
Dividends
TWLO vs. PDD - Dividend Comparison
Neither TWLO nor PDD has paid dividends to shareholders.
Financials
TWLO vs. PDD - Financials Comparison
This section allows you to compare key financial metrics between Twilio Inc. and PDD Holdings 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
TWLO vs. PDD - Profitability Comparison
TWLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Twilio Inc. reported a gross profit of 684.24M and revenue of 1.41B. Therefore, the gross margin over that period was 48.6%.
PDD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, PDD Holdings Inc. reported a gross profit of 58.98B and revenue of 105.59B. Therefore, the gross margin over that period was 55.9%.
TWLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Twilio Inc. reported an operating income of 107.67M and revenue of 1.41B, resulting in an operating margin of 7.7%.
PDD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, PDD Holdings Inc. reported an operating income of 21.02B and revenue of 105.59B, resulting in an operating margin of 19.9%.
TWLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Twilio Inc. reported a net income of 90.14M and revenue of 1.41B, resulting in a net margin of 6.4%.
PDD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, PDD Holdings Inc. reported a net income of 12.47B and revenue of 105.59B, resulting in a net margin of 11.8%.
Frequently Asked Questions
TWLO and PDD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWLO has higher volatility (11.67%) compared to PDD (7.74%). In terms of maximum drawdown, TWLO dropped -90.36% vs PDD's -87.41%.
TWLO currently has the higher Sharpe Ratio (0.88 vs -0.65), 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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