WDH vs. MPWR
WDH (Waterdrop Inc.) and MPWR (Monolithic Power Systems, Inc.) are both stocks. WDH operates in Insurance - Diversified (Financial Services), while MPWR operates in Semiconductors (Technology). Over the past 5 years, WDH returned -27.99%/yr vs 36.35%/yr for MPWR. At a 0.18 correlation, their price movements are largely independent.
Performance
WDH vs. MPWR - Performance Comparison
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Returns By Period
In the year-to-date period, WDH achieves a -24.98% return, which is significantly lower than MPWR's 74.38% return.
WDH
- 1D
- -0.71%
- 1M
- -11.39%
- YTD
- -24.98%
- 6M
- -20.37%
- 1Y
- 4.96%
- 3Y*
- -14.35%
- 5Y*
- -27.99%
- 10Y*
- —
MPWR
- 1D
- -0.77%
- 1M
- -4.43%
- YTD
- 74.38%
- 6M
- 67.26%
- 1Y
- 121.18%
- 3Y*
- 44.43%
- 5Y*
- 36.35%
- 10Y*
- 37.94%
WDH vs. MPWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WDH Waterdrop Inc. | -24.98% | 66.25% | 19.17% | -68.77% | 141.30% | -86.54% |
MPWR Monolithic Power Systems, Inc. | 74.38% | 54.45% | -5.55% | 79.78% | -27.78% | 48.58% |
Correlation
The correlation between WDH and MPWR is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since May 7, 2021 | 0.18 |
Fundamentals
WDH:
$51.89M
MPWR:
$77.67B
WDH:
CN¥2.18
MPWR:
$13.89
WDH:
4.35
MPWR:
113.54
WDH:
0.01
MPWR:
1.43
WDH:
0.62
MPWR:
25.93
WDH:
0.07
MPWR:
21.12
WDH:
CN¥3.96B
MPWR:
$2.96B
WDH:
CN¥2.02B
MPWR:
$1.63B
WDH:
CN¥369.70M
MPWR:
$861.78M
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Return for Risk
WDH vs. MPWR — Risk / Return Rank
WDH
MPWR
WDH vs. MPWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waterdrop Inc. (WDH) and Monolithic Power Systems, Inc. (MPWR). 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.
| WDH | MPWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.37 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 5.43 | -5.26 |
| Martin ratioReturn relative to average drawdown | 0.36 | 14.45 | -14.09 |
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Drawdowns
WDH vs. MPWR - Drawdown Comparison
The maximum WDH drawdown since its inception was -91.12%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for WDH and MPWR.
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Drawdown Indicators
| WDH | MPWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.12% | -72.27% | -18.85% |
Max Drawdown (1Y)Largest decline over 1 year | -29.00% | -22.45% | -6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -62.60% | -51.65% | -10.95% |
Max Drawdown (5Y)Largest decline over 5 years | -88.67% | -51.65% | -37.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.65% | — |
Current DrawdownCurrent decline from peak | -84.92% | -6.66% | -78.26% |
Average DrawdownAverage peak-to-trough decline | -81.15% | -17.71% | -63.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.81% | 8.44% | +5.37% |
Volatility
WDH vs. MPWR - Volatility Comparison
The current volatility for Waterdrop Inc. (WDH) is 13.33%, while Monolithic Power Systems, Inc. (MPWR) has a volatility of 20.33%. This indicates that WDH experiences smaller price fluctuations and is considered to be less risky than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDH | MPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.33% | 20.33% | -7.00% |
Volatility (6M)Calculated over the trailing 6-month period | 24.40% | 37.42% | -13.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.58% | 48.53% | -3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.87% | 53.53% | +8.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.73% | 47.23% | +15.50% |
Dividends
WDH vs. MPWR - Dividend Comparison
WDH's dividend yield for the trailing twelve months is around 4.29%, more than MPWR's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPWR Monolithic Power Systems, Inc. | 0.42% | 0.69% | 0.85% | 0.63% | 0.85% | 0.49% | 0.55% | 0.90% | 1.03% | 0.71% | 0.98% | 1.26% |
WDH Waterdrop Inc. | 4.29% | 2.63% | 5.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WDH vs. MPWR - Financials Comparison
This section allows you to compare key financial metrics between Waterdrop Inc. and Monolithic Power Systems, 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
WDH vs. MPWR - Profitability Comparison
WDH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Waterdrop Inc. reported a gross profit of 723.78M and revenue of 1.39B. Therefore, the gross margin over that period was 52.0%.
MPWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a gross profit of 445.07M and revenue of 804.19M. Therefore, the gross margin over that period was 55.3%.
WDH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Waterdrop Inc. reported an operating income of 82.71M and revenue of 1.39B, resulting in an operating margin of 5.9%.
MPWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported an operating income of 241.15M and revenue of 804.19M, resulting in an operating margin of 30.0%.
WDH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Waterdrop Inc. reported a net income of 159.88M and revenue of 1.39B, resulting in a net margin of 11.5%.
MPWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a net income of 193.23M and revenue of 804.19M, resulting in a net margin of 24.0%.
Frequently Asked Questions
WDH and MPWR have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPWR has higher volatility (20.33%) compared to WDH (13.33%). In terms of maximum drawdown, WDH dropped -91.12% vs MPWR's -72.27%.
MPWR currently has the higher Sharpe Ratio (2.51 vs 0.11), 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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