WVE vs. TIGR
WVE (Wave Life Sciences Ltd.) and TIGR (UP Fintech Holding Limited) are both stocks. WVE operates in Biotechnology (Healthcare), while TIGR operates in Capital Markets (Financial Services). Over the past 5 years, WVE returned -2.60%/yr vs -29.16%/yr for TIGR. At a 0.19 correlation, their price movements are largely independent.
Performance
WVE vs. TIGR - Performance Comparison
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Returns By Period
In the year-to-date period, WVE achieves a -63.71% return, which is significantly lower than TIGR's -50.31% return.
WVE
- 1D
- 0.16%
- 1M
- -3.29%
- YTD
- -63.71%
- 6M
- -65.66%
- 1Y
- -6.09%
- 3Y*
- 18.16%
- 5Y*
- -2.60%
- 10Y*
- -11.21%
TIGR
- 1D
- 0.85%
- 1M
- 8.94%
- YTD
- -50.31%
- 6M
- -47.40%
- 1Y
- -41.07%
- 3Y*
- 19.84%
- 5Y*
- -29.16%
- 10Y*
- —
WVE vs. TIGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WVE Wave Life Sciences Ltd. | -63.71% | 37.43% | 144.95% | -27.86% | 122.93% | -60.10% | -1.81% | -82.60% |
TIGR UP Fintech Holding Limited | -50.31% | 47.99% | 46.15% | 29.62% | -30.55% | -38.16% | 123.66% | -56.23% |
Correlation
The correlation between WVE and TIGR is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2019 | 0.19 |
Fundamentals
WVE:
$1.24B
TIGR:
$845.39M
WVE:
-$1.03
TIGR:
$0.62
WVE:
15.30
TIGR:
1.36
WVE:
2.41
TIGR:
1.00
WVE:
$71.80M
TIGR:
$645.56M
WVE:
$29.09M
TIGR:
$533.82M
WVE:
-$184.40M
TIGR:
$236.90M
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Return for Risk
WVE vs. TIGR — Risk / Return Rank
WVE
TIGR
WVE vs. TIGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wave Life Sciences Ltd. (WVE) and UP Fintech Holding Limited (TIGR). 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.
| WVE | TIGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.92 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | -0.62 | +0.54 |
| Martin ratioReturn relative to average drawdown | -0.15 | -1.17 | +1.02 |
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Drawdowns
WVE vs. TIGR - Drawdown Comparison
The maximum WVE drawdown since its inception was -97.77%, roughly equal to the maximum TIGR drawdown of -93.65%. Use the drawdown chart below to compare losses from any high point for WVE and TIGR.
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Drawdown Indicators
| WVE | TIGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.77% | -93.65% | -4.12% |
Max Drawdown (1Y)Largest decline over 1 year | -73.44% | -66.44% | -7.00% |
Max Drawdown (3Y)Largest decline over 3 years | -73.44% | -66.44% | -7.00% |
Max Drawdown (5Y)Largest decline over 5 years | -82.89% | -92.04% | +9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -97.77% | — | — |
Current DrawdownCurrent decline from peak | -88.82% | -87.06% | -1.76% |
Average DrawdownAverage peak-to-trough decline | -64.87% | -77.95% | +13.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.69% | 35.13% | +5.56% |
Volatility
WVE vs. TIGR - Volatility Comparison
The current volatility for Wave Life Sciences Ltd. (WVE) is 16.86%, while UP Fintech Holding Limited (TIGR) has a volatility of 34.97%. This indicates that WVE experiences smaller price fluctuations and is considered to be less risky than TIGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WVE | TIGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.86% | 34.97% | -18.11% |
Volatility (6M)Calculated over the trailing 6-month period | 79.30% | 48.23% | +31.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 169.02% | 66.83% | +102.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.68% | 82.37% | +32.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 98.97% | 90.43% | +8.54% |
Dividends
WVE vs. TIGR - Dividend Comparison
Neither WVE nor TIGR has paid dividends to shareholders.
Financials
WVE vs. TIGR - Financials Comparison
This section allows you to compare key financial metrics between Wave Life Sciences Ltd. and UP Fintech Holding Limited. 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
WVE vs. TIGR - Profitability Comparison
WVE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wave Life Sciences Ltd. reported a gross profit of 0.00 and revenue of 38.25M. Therefore, the gross margin over that period was 0.0%.
TIGR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UP Fintech Holding Limited reported a gross profit of 147.59M and revenue of 155.34M. Therefore, the gross margin over that period was 95.0%.
WVE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wave Life Sciences Ltd. reported an operating income of -31.30M and revenue of 38.25M, resulting in an operating margin of -81.8%.
TIGR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UP Fintech Holding Limited reported an operating income of 65.89M and revenue of 155.34M, resulting in an operating margin of 42.4%.
WVE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wave Life Sciences Ltd. reported a net income of -26.09M and revenue of 38.25M, resulting in a net margin of -68.2%.
TIGR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UP Fintech Holding Limited reported a net income of -26.92M and revenue of 155.34M, resulting in a net margin of -17.3%.
Frequently Asked Questions
WVE and TIGR have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TIGR has higher volatility (34.97%) compared to WVE (16.86%). In terms of maximum drawdown, WVE dropped -97.77% vs TIGR's -93.65%.
WVE currently has the higher Sharpe Ratio (-0.04 vs -0.62), 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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