VIPS vs. CROX

Last updated Apr 1, 2026

Compare and contrast key facts about Vipshop Holdings Limited (VIPS) and Crocs, Inc. (CROX).

Performance

VIPS vs. CROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vipshop Holdings Limited (VIPS) and Crocs, Inc. (CROX). The values are adjusted to include any dividend payments, if applicable.

VIPS vs. CROX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIPS Vipshop Holdings Limited	-11.14%	36.31%	-22.25%	30.21%	62.38%	-70.12%	98.38%	159.52%	-53.41%	6.45%
CROX Crocs, Inc.	-2.92%	-21.92%	17.26%	-13.85%	-15.43%	104.63%	49.58%	61.24%	105.54%	84.26%

Fundamentals

Market Cap VIPS : $7.94B CROX : $4.30B
EPS VIPS : $14.28 CROX : -$1.50
PS Ratio VIPS : 0.08 CROX : 1.12
PB Ratio VIPS : 0.19 CROX : 3.32
Total Revenue (TTM) VIPS : $105.81B CROX : $4.04B
Gross Profit (TTM) VIPS : $24.49B CROX : $2.36B
EBITDA (TTM) VIPS : $9.24B CROX : $342.44M

Returns By Period

In the year-to-date period, VIPS achieves a -11.14% return, which is significantly lower than CROX's -2.92% return. Over the past 10 years, VIPS has underperformed CROX with an annualized return of 2.49%, while CROX has yielded a comparatively higher 24.34% annualized return.

VIPS

• 1D: -1.75%
• 1M: -9.76%
• YTD: -11.14%
• 6M: -19.96%
• 1Y: 4.06%
• 3Y*: 3.29%
• 5Y*: -11.11%
• 10Y*: 2.49%

CROX

• 1D: 3.77%
• 1M: -8.48%
• YTD: -2.92%
• 6M: -0.63%
• 1Y: -21.83%
• 3Y*: -13.08%
• 5Y*: 0.86%
• 10Y*: 24.34%

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

Return for Risk

VIPS vs. CROX — Risk / Return Rank

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

VIPS

VIPS Risk / Return Rank: 43
VIPS Sharpe Ratio Rank: 46
VIPS Sortino Ratio Rank: 41
VIPS Omega Ratio Rank: 40
VIPS Calmar Ratio Rank: 43
VIPS Martin Ratio Rank: 43

CROX

CROX Risk / Return Rank: 26
CROX Sharpe Ratio Rank: 24
CROX Sortino Ratio Rank: 26
CROX Omega Ratio Rank: 26
CROX Calmar Ratio Rank: 24
CROX 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.

VIPS vs. CROX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vipshop Holdings Limited (VIPS) and Crocs, Inc. (CROX). 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.

	VIPS	CROX	Difference
Sharpe ratio Return per unit of total volatility	0.12	-0.39	+0.50
Sortino ratio Return per unit of downside risk	0.40	-0.19	+0.59
Omega ratio Gain probability vs. loss probability	1.05	0.97	+0.08
Calmar ratio Return relative to maximum drawdown	0.05	-0.56	+0.60
Martin ratio Return relative to average drawdown	0.10	-0.84	+0.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIPS vs. CROX - Sharpe Ratio Comparison

The current VIPS Sharpe Ratio is 0.12, which is higher than the CROX Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of VIPS and CROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VIPS	CROX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	-0.39	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	0.02	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.43	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.14	+0.33

Correlation

The correlation between VIPS and CROX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VIPS vs. CROX - Dividend Comparison

VIPS's dividend yield for the trailing twelve months is around 3.05%, while CROX has not paid dividends to shareholders.

	TTM	2025	2024
VIPS Vipshop Holdings Limited	3.05%	2.71%	3.19%
CROX Crocs, Inc.	0.00%	0.00%	0.00%

Drawdowns

VIPS vs. CROX - Drawdown Comparison

The maximum VIPS drawdown since its inception was -86.75%, smaller than the maximum CROX drawdown of -98.74%. Use the drawdown chart below to compare losses from any high point for VIPS and CROX.

Drawdown Indicators

	VIPS	CROX	Difference
Max Drawdown Largest peak-to-trough decline	-86.75%	-98.74%	+11.99%
Max Drawdown (1Y) Largest decline over 1 year	-25.58%	-38.97%	+13.39%
Max Drawdown (5Y) Largest decline over 5 years	-81.75%	-73.86%	-7.89%
Max Drawdown (10Y) Largest decline over 10 years	-86.75%	-75.18%	-11.57%
Current Drawdown Current decline from peak	-63.30%	-54.02%	-9.28%
Average Drawdown Average peak-to-trough decline	-48.13%	-61.45%	+13.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.08%	25.73%	-14.65%

Volatility

VIPS vs. CROX - Volatility Comparison

Vipshop Holdings Limited (VIPS) and Crocs, Inc. (CROX) have volatilities of 10.40% and 10.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIPS	CROX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.40%	10.70%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	25.99%	31.87%	-5.88%
Volatility (1Y) Calculated over the trailing 1-year period	35.30%	56.30%	-21.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.05%	55.50%	-1.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.61%	56.93%	-1.32%

Financials

VIPS vs. CROX - Profitability Comparison

The chart below illustrates the profitability comparison between Vipshop Holdings Limited and Crocs, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VIPS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Vipshop Holdings Limited reported a gross profit of 7.44B and revenue of 32.47B. Therefore, the gross margin over that period was 22.9%.

CROX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Crocs, Inc. reported a gross profit of 523.66M and revenue of 957.64M. Therefore, the gross margin over that period was 54.7%.

VIPS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Vipshop Holdings Limited reported an operating income of 2.90B and revenue of 32.47B, resulting in an operating margin of 8.9%.

CROX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Crocs, Inc. reported an operating income of 146.40M and revenue of 957.64M, resulting in an operating margin of 15.3%.

VIPS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Vipshop Holdings Limited reported a net income of 2.59B and revenue of 32.47B, resulting in a net margin of 8.0%.

CROX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Crocs, Inc. reported a net income of 105.17M and revenue of 957.64M, resulting in a net margin of 11.0%.