XPEV vs. NIO
XPEV (XPeng Inc.) and NIO (NIO Inc.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 5 years, XPEV returned -13.03%/yr vs -31.86%/yr for NIO. A 0.73 correlation means they provide meaningful diversification when combined.
Performance
XPEV vs. NIO - Performance Comparison
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Returns By Period
In the year-to-date period, XPEV achieves a -11.79% return, which is significantly lower than NIO's 17.84% return.
XPEV
- 1D
- 4.01%
- 1M
- 13.01%
- YTD
- -11.79%
- 6M
- -9.00%
- 1Y
- -7.11%
- 3Y*
- 28.46%
- 5Y*
- -13.03%
- 10Y*
- —
NIO
- 1D
- 0.50%
- 1M
- 1.69%
- YTD
- 17.84%
- 6M
- 19.48%
- 1Y
- 70.74%
- 3Y*
- -7.36%
- 5Y*
- -31.86%
- 10Y*
- —
XPEV vs. NIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XPEV XPeng Inc. | -11.79% | 71.57% | -18.99% | 46.78% | -80.25% | 17.51% | 101.84% |
NIO NIO Inc. | 17.84% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 145.17% |
Correlation
The correlation between XPEV and NIO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2020 | 0.73 |
The correlation between XPEV and NIO shifts across timeframes, from 0.61 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
XPEV:
$8.55B
NIO:
$14.91B
XPEV:
-$3.15
NIO:
-$3.74
XPEV:
0.17
NIO:
0.14
XPEV:
0.30
NIO:
3.44
XPEV:
$73.56B
NIO:
$100.51B
XPEV:
$14.61B
NIO:
$15.77B
XPEV:
-$3.76B
NIO:
-$7.54B
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Return for Risk
XPEV vs. NIO — Risk / Return Rank
XPEV
NIO
XPEV vs. NIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for XPeng Inc. (XPEV) and NIO Inc. (NIO). 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.
| XPEV | NIO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.13 | 1.13 | -1.26 |
Sortino ratioReturn per unit of downside risk | 0.21 | 1.90 | -1.69 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.21 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | -0.16 | 1.60 | -1.75 |
Martin ratioReturn relative to average drawdown | -0.28 | 2.89 | -3.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XPEV | NIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.13 | 1.13 | -1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | -0.45 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | -0.01 | -0.02 |
Drawdowns
XPEV vs. NIO - Drawdown Comparison
The maximum XPEV drawdown since its inception was -91.12%, roughly equal to the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for XPEV and NIO.
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Drawdown Indicators
| XPEV | NIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.12% | -95.00% | +3.88% |
Max Drawdown (1Y)Largest decline over 1 year | -46.78% | -43.73% | -3.05% |
Max Drawdown (3Y)Largest decline over 3 years | -71.65% | -79.69% | +8.04% |
Max Drawdown (5Y)Largest decline over 5 years | -88.35% | -94.10% | +5.75% |
Current DrawdownCurrent decline from peak | -75.21% | -90.44% | +15.23% |
Average DrawdownAverage peak-to-trough decline | -67.84% | -67.84% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.69% | 24.19% | +2.50% |
Volatility
XPEV vs. NIO - Volatility Comparison
The current volatility for XPeng Inc. (XPEV) is 12.19%, while NIO Inc. (NIO) has a volatility of 18.54%. This indicates that XPEV experiences smaller price fluctuations and is considered to be less risky than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XPEV | NIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.19% | 18.54% | -6.35% |
Volatility (6M)Calculated over the trailing 6-month period | 36.36% | 41.30% | -4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.19% | 62.81% | -7.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.75% | 71.65% | +7.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.50% | 86.73% | -3.23% |
Dividends
XPEV vs. NIO - Dividend Comparison
Neither XPEV nor NIO has paid dividends to shareholders.
Financials
XPEV vs. NIO - Financials Comparison
This section allows you to compare key financial metrics between XPeng Inc. and NIO 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
XPEV vs. NIO - Profitability Comparison
XPEV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, XPeng Inc. reported a gross profit of 2.67B and revenue of 12.95B. Therefore, the gross margin over that period was 20.6%.
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
XPEV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, XPeng Inc. reported an operating income of -2.10B and revenue of 12.95B, resulting in an operating margin of -16.2%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
XPEV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, XPeng Inc. reported a net income of -1.77B and revenue of 12.95B, resulting in a net margin of -13.7%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
Frequently Asked Questions
XPEV and NIO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIO has higher volatility (18.54%) compared to XPEV (12.19%). In terms of maximum drawdown, XPEV dropped -91.12% vs NIO's -95.00%.
NIO currently has the higher Sharpe Ratio (1.13 vs -0.13), 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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