YY vs. CAN

Last updated Jun 3, 2026

YY (YY Inc.) and CAN (Canaan Inc.) are both stocks. YY operates in Internet Content & Information (Communication Services), while CAN operates in Computer Hardware (Technology). Over the past 5 years, YY returned 3.56%/yr vs -48.50%/yr for CAN. At a 0.27 correlation, their price movements are largely independent.

Performance

YY vs. CAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YY Inc. (YY) and Canaan Inc. (CAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YY achieves a 10.22% return, which is significantly higher than CAN's -42.84% return.

YY

• 1D: 0.51%
• 1M: 16.75%
• YTD: 10.22%
• 6M: 14.78%
• 1Y: 54.93%
• 3Y*: 39.01%
• 5Y*: 3.56%
• 10Y*: 7.36%

CAN

• 1D: -3.36%
• 1M: -23.80%
• YTD: -42.84%
• 6M: -59.22%
• 1Y: -34.24%
• 3Y*: -42.18%
• 5Y*: -48.50%
• 10Y*: —

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

YY vs. CAN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
YY YY Inc.	10.22%	63.93%	5.42%	30.70%	-25.95%	-41.43%	52.97%	-13.69%
CAN Canaan Inc.	-42.84%	-66.34%	-11.26%	12.14%	-60.00%	-13.15%	-2.79%	-32.22%

Correlation

The correlation between YY and CAN is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since Nov 21, 2019	0.27

The correlation between YY and CAN shifts across timeframes, from 0.18 (3 years) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) YY : $549.45M CAN : $510.04M
Gross Profit (TTM) YY : $382.40M CAN : $17.56M
EBITDA (TTM) YY : $57.07M CAN : -$144.51M

Return for Risk

YY vs. CAN — Risk / Return Rank

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

YY

YY Risk / Return Rank: 81
YY Sharpe Ratio Rank: 83
YY Sortino Ratio Rank: 84
YY Omega Ratio Rank: 81
YY Calmar Ratio Rank: 79
YY Martin Ratio Rank: 78

CAN

CAN Risk / Return Rank: 31
CAN Sharpe Ratio Rank: 28
CAN Sortino Ratio Rank: 38
CAN Omega Ratio Rank: 36
CAN Calmar Ratio Rank: 26
CAN 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.

YY vs. CAN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YY Inc. (YY) and Canaan Inc. (CAN). 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.

	YY	CAN	Difference
Sharpe ratio Return per unit of total volatility	1.62	-0.29	+1.91
Sortino ratio Return per unit of downside risk	2.66	0.37	+2.29
Omega ratio Gain probability vs. loss probability	1.33	1.04	+0.29
Calmar ratio Return relative to maximum drawdown	2.59	-0.43	+3.02
Martin ratio Return relative to average drawdown	6.06	-0.65	+6.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YY vs. CAN - Sharpe Ratio Comparison

The current YY Sharpe Ratio is 1.62, which is higher than the CAN Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of YY and CAN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YY	CAN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	-0.29	+1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	-0.44	+0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	-0.30	+0.58

Drawdowns

YY vs. CAN - Drawdown Comparison

The maximum YY drawdown since its inception was -83.52%, smaller than the maximum CAN drawdown of -98.94%. Use the drawdown chart below to compare losses from any high point for YY and CAN.

Drawdown Indicators

	YY	CAN	Difference
Max Drawdown Largest peak-to-trough decline	-83.52%	-98.94%	+15.42%
Max Drawdown (1Y) Largest decline over 1 year	-20.97%	-81.17%	+60.20%
Max Drawdown (3Y) Largest decline over 3 years	-33.72%	-87.90%	+54.18%
Max Drawdown (5Y) Largest decline over 5 years	-67.31%	-96.48%	+29.17%
Max Drawdown (10Y) Largest decline over 10 years	-83.52%	—	—
Current Drawdown Current decline from peak	-41.57%	-98.92%	+57.35%
Average Drawdown Average peak-to-trough decline	-46.21%	-83.74%	+37.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.95%	53.79%	-44.84%

Volatility

YY vs. CAN - Volatility Comparison

The current volatility for YY Inc. (YY) is 18.30%, while Canaan Inc. (CAN) has a volatility of 21.08%. This indicates that YY experiences smaller price fluctuations and is considered to be less risky than CAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YY	CAN	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.30%	21.08%	-2.78%
Volatility (6M) Calculated over the trailing 6-month period	25.85%	59.70%	-33.85%
Volatility (1Y) Calculated over the trailing 1-year period	33.99%	119.96%	-85.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.61%	111.55%	-51.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.13%	126.56%	-69.43%

Dividends

YY vs. CAN - Dividend Comparison

YY's dividend yield for the trailing twelve months is around 6.17%, while CAN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
CAN Canaan Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YY YY Inc.	6.17%	4.35%	0.00%	3.07%	6.46%	4.48%	1.02%

Financials

Frequently Asked Questions

Can I hold both YY and CAN in my portfolio?

YY and CAN have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YY or CAN?

CAN has higher volatility (21.08%) compared to YY (18.30%). In terms of maximum drawdown, YY dropped -83.52% vs CAN's -98.94%.

Which has better risk-adjusted returns?

YY currently has the higher Sharpe Ratio (1.62 vs -0.29), 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.