UP vs. CD

Last updated Aug 1, 2026

UP (Wheels Up Experience Inc.) and CD (Chaince Digital Holdings Inc) are both stocks. UP operates in Airports & Air Services (Industrials), while CD operates in Capital Markets (Financial Services). Over the past 5 years, UP returned -67.56%/yr vs -6.85%/yr for CD. Their 0.08 correlation means their historical movements had little consistent relationship.

Performance

UP vs. CD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wheels Up Experience Inc. (UP) and Chaince Digital Holdings Inc (CD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UP achieves a -56.19% return, which is significantly lower than CD's -43.86% return.

UP

• 1D: -3.85%
• 1M: -35.25%
• 6M: -54.37%
• YTD: -56.19%
• 1Y: -78.70%
• 3Y*: -50.07%
• 5Y*: -67.56%
• 10Y*: —
• ALL TIME*: -63.88%

CD

• 1D: -1.41%
• 1M: -34.97%
• 6M: -51.39%
• YTD: -43.86%
• 1Y: -32.36%
• 3Y*: 12.68%
• 5Y*: -6.85%
• 10Y*: -28.29%
• ALL TIME*: -32.69%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CD Chaince Digital Holdings Inc	$404.92K	$565.42K	$1.34M
UP Wheels Up Experience Inc.	$461.00K	$593.41K	$1.15M

UP vs. CD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UP Wheels Up Experience Inc.	-56.19%	-60.22%	-51.90%	-66.70%	-77.80%	-53.46%	3.32%
CD Chaince Digital Holdings Inc	-43.86%	-27.23%	162.69%	109.41%	-64.75%	3.93%	37.39%

Correlation

The correlation between UP and CD is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.18
Correlation (3Y) Balances recent behavior with more history.	0.13
Correlation (5Y) Shows whether the relationship held over a longer period.	0.07
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020	0.08

The correlation between UP and CD shifts across timeframes, from 0.07 (5 years) to 0.18 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap UP : $208.50M CD : $221.65M
Total Revenue (TTM) UP : $727.89M CD : $1.67M
Gross Profit (TTM) UP : $27.38M CD : -$1.10M
EBITDA (TTM) UP : -$176.99M CD : -$10.65M

Return for Risk

UP vs. CD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UP

UP Risk / Return Rank: 16
UP Sharpe Ratio Rank: 17
UP Sortino Ratio Rank: 15
UP Omega Ratio Rank: 17
UP Calmar Ratio Rank: 10
UP Martin Ratio Rank: 20

CD

CD Risk / Return Rank: 43
CD Sharpe Ratio Rank: 35
CD Sortino Ratio Rank: 57
CD Omega Ratio Rank: 55
CD Calmar Ratio Rank: 32
CD Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

UP vs. CD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wheels Up Experience Inc. (UP) and Chaince Digital Holdings Inc (CD). 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.

	UP	CD	Difference
Sharpe ratio: Return per unit of total volatility	-0.60	-0.20	-0.40
Sortino ratio: Return per unit of downside risk	-0.84	0.88	-1.72
Omega ratio: Gain probability vs. loss probability	0.91	1.11	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.86	-0.35	-0.51
Martin ratio: Return relative to average drawdown	-1.08	-0.44	-0.64

UP vs. CD - Sharpe Ratio Comparison

The current UP Sharpe Ratio is -0.60, which is lower than the CD Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of UP and CD, 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

UP vs. CD - Drawdown Comparison

The maximum UP drawdown since its inception was -99.78%, roughly equal to the maximum CD drawdown of -99.79%. Use the drawdown chart below to compare losses from any high point for UP and CD.

Drawdown Indicators

	UP	CD	Difference
Max Drawdown Largest peak-to-trough decline	-99.78%	-99.79%	+0.01%
Max Drawdown (1Y) Largest decline over 1 year	-92.39%	-92.20%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-95.63%	-92.20%	-3.43%
Max Drawdown (5Y) Largest decline over 5 years	-99.71%	-92.20%	-7.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-99.58%	—
Current Drawdown Current decline from peak	-99.75%	-98.95%	-0.80%
Average Drawdown Average peak-to-trough decline	-79.39%	-90.10%	+10.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	73.65%	73.99%	-0.34%

Volatility

UP vs. CD - Volatility Comparison

The current volatility for Wheels Up Experience Inc. (UP) is 19.99%, while Chaince Digital Holdings Inc (CD) has a volatility of 23.11%. This indicates that UP experiences smaller price fluctuations and is considered to be less risky than CD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UP	CD	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.99%	23.11%	-3.12%
Volatility (6M) Calculated over the trailing 6-month period	88.26%	97.70%	-9.44%
Volatility (1Y) Calculated over the trailing 1-year period	132.82%	164.49%	-31.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	121.54%	151.93%	-30.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.49%	146.17%	-31.68%

Dividends

UP vs. CD - Dividend Comparison

Neither UP nor CD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both UP and CD in my portfolio?

UP and CD have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UP or CD?

CD has higher volatility (23.11%) compared to UP (19.99%). In terms of maximum drawdown, UP dropped -99.78% vs CD's -99.79%.

Which has better risk-adjusted returns?

CD currently has the higher Sharpe Ratio (-0.20 vs -0.60), 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.