WRD vs. PONY

Last updated Apr 1, 2026

Compare and contrast key facts about WeRide Inc (WRD) and Pony AI Inc (PONY).

Performance

WRD vs. PONY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WeRide Inc (WRD) and Pony AI Inc (PONY). The values are adjusted to include any dividend payments, if applicable.

WRD vs. PONY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WRD WeRide Inc	-6.80%	-38.79%	-17.37%
PONY Pony AI Inc	-34.90%	1.05%	19.58%

Fundamentals

Market Cap WRD : $2.63B PONY : $3.98B
EPS WRD : -$5.52 PONY : -$0.34
PS Ratio WRD : 3.54 PONY : 40.99
PB Ratio WRD : 0.33 PONY : 2.41
Total Revenue (TTM) WRD : $680.25M PONY : $90.13M
Gross Profit (TTM) WRD : $205.29M PONY : $14.18M
EBITDA (TTM) WRD : -$1.84B PONY : -$242.96M

Returns By Period

In the year-to-date period, WRD achieves a -6.80% return, which is significantly higher than PONY's -34.90% return.

WRD

• 1D: 13.78%
• 1M: 15.74%
• YTD: -6.80%
• 6M: -18.28%
• 1Y: -40.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PONY

• 1D: 10.54%
• 1M: -34.17%
• YTD: -34.90%
• 6M: -58.03%
• 1Y: 7.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

WRD vs. PONY — Risk / Return Rank

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

WRD

WRD Risk / Return Rank: 21
WRD Sharpe Ratio Rank: 22
WRD Sortino Ratio Rank: 25
WRD Omega Ratio Rank: 26
WRD Calmar Ratio Rank: 13
WRD Martin Ratio Rank: 20

PONY

PONY Risk / Return Rank: 50
PONY Sharpe Ratio Rank: 44
PONY Sortino Ratio Rank: 62
PONY Omega Ratio Rank: 56
PONY Calmar Ratio Rank: 43
PONY Martin Ratio Rank: 44

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.

WRD vs. PONY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WeRide Inc (WRD) and Pony AI Inc (PONY). 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.

	WRD	PONY	Difference
Sharpe ratio Return per unit of total volatility	-0.44	0.06	-0.50
Sortino ratio Return per unit of downside risk	-0.22	1.23	-1.45
Omega ratio Gain probability vs. loss probability	0.98	1.13	-0.16
Calmar ratio Return relative to maximum drawdown	-0.80	0.08	-0.88
Martin ratio Return relative to average drawdown	-1.18	0.15	-1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WRD vs. PONY - Sharpe Ratio Comparison

The current WRD Sharpe Ratio is -0.44, which is lower than the PONY Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of WRD and PONY, 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

	WRD	PONY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	0.06	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	-0.32	-0.13	-0.18

Correlation

The correlation between WRD and PONY is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

WRD vs. PONY - Dividend Comparison

Neither WRD nor PONY has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

WRD vs. PONY - Drawdown Comparison

The maximum WRD drawdown since its inception was -84.58%, roughly equal to the maximum PONY drawdown of -82.38%. Use the drawdown chart below to compare losses from any high point for WRD and PONY.

Drawdown Indicators

	WRD	PONY	Difference
Max Drawdown Largest peak-to-trough decline	-84.58%	-82.38%	-2.20%
Max Drawdown (1Y) Largest decline over 1 year	-55.24%	-64.51%	+9.27%
Current Drawdown Current decline from peak	-79.98%	-60.76%	-19.22%
Average Drawdown Average peak-to-trough decline	-65.19%	-34.18%	-31.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.53%	35.01%	+2.52%

Volatility

WRD vs. PONY - Volatility Comparison

The current volatility for WeRide Inc (WRD) is 23.74%, while Pony AI Inc (PONY) has a volatility of 26.46%. This indicates that WRD experiences smaller price fluctuations and is considered to be less risky than PONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WRD	PONY	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.74%	26.46%	-2.72%
Volatility (6M) Calculated over the trailing 6-month period	51.50%	54.74%	-3.24%
Volatility (1Y) Calculated over the trailing 1-year period	91.27%	128.43%	-37.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	125.51%	125.23%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.51%	125.23%	+0.28%

Financials