CCIX vs XNET

Comparison between Churchill Capital Corp IX (CCIX, Company) and Xunlei Ltd (XNET, Company).

CCIX is from the Financial Services sector, while XNET is from the Technology sector.

CCIX vs XNET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CCIX(COMPANY)	XNET(COMPANY)
Market Cap	$311M	$311M
Max Drawdown	8.71%	96.03%
Sharpe Ratio	-0.37	0.39
5Y Beta	0.05	1.34
Industry	Shell Companies	Software - Infrastructure
P/E Ratio	47.21	0.30
Forward P/E	N/A	49.02
PEG Ratio	N/A	0.00
Debt to Equity	0.17%	3.06%
Free Cash Flow Yield	-1.10%	8.74%
P/S Ratio	N/A	0.63
P/B Ratio	1.32	0.26

Market Cap

CCIX

$311M

Winner

XNET

$311M

Max Drawdown

Winner

CCIX

8.71%

XNET

96.03%

Sharpe Ratio

CCIX

-0.37

Winner

XNET

0.39

5Y Beta

Winner

CCIX

0.05

XNET

1.34

Industry

CCIX

Shell Companies

XNET

Software - Infrastructure

P/E Ratio

CCIX

47.21

Winner

XNET

0.30

Forward P/E

CCIX

N/A

XNET

49.02

PEG Ratio

CCIX

N/A

XNET

0.00

Debt to Equity

Winner

CCIX

0.17%

XNET

3.06%

Free Cash Flow Yield

CCIX

-1.10%

Winner

XNET

8.74%

P/S Ratio

CCIX

N/A

XNET

0.63

P/B Ratio

CCIX

1.32

Winner

XNET

0.26

CCIX vs XNET - Historical Returns

Returns include dividend reinvestment.

Period	CCIX	XNET
1 month	+0.46%	-9.37%
3 months	+1.88%	-17.65%
6 months	+2.46%	-20.24%
1 year	+2.17%	+2.90%
5 years(CAGR)	N/A	+0.30%
10 years(CAGR)	N/A	-0.26%
Max(CAGR)	+3.95%	-8.24%

Winner

CCIX

+0.46%

XNET

-9.37%

Winner

CCIX

+1.88%

XNET

-17.65%

Winner

CCIX

+2.46%

XNET

-20.24%

CCIX

+2.17%

Winner

XNET

+2.90%

5Y(CAGR)

CCIX

N/A

XNET

+0.30%

10Y(CAGR)

CCIX

N/A

XNET

-0.26%

Max(CAGR)

Winner

CCIX

+3.95%

XNET

-8.24%

CCIX vs XNET - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	CCIX	XNET
2026	+2.07%	-26.72%
2025	+3.20%	+237.62%
2024	+2.69%	+23.60%
2023	N/A	-13.83%
2022	N/A	-11.22%
2021	N/A	-33.22%
2020	N/A	-40.90%
2019	N/A	+33.15%
2018	N/A	-79.76%
2017	N/A	+289.62%
2016	N/A	-49.34%
2015	N/A	-5.50%
2014	N/A	-51.01%

CCIX vs XNET Drawdown Comparison

The maximum drawdown for CCIX was -8.71%, occurring on Sep 30, 2025. This drawdown has not yet recovered.

The maximum drawdown for XNET was -96.03%, occurring on Nov 3, 2022. This drawdown has not yet recovered.

The current CCIX drawdown is -5.66%. The current XNET drawdown is -78.64%.

Rank	CCIX	XNET
#1	-8.71% May 14, 2025 - Sep 30, 2025	-96.03% Nov 24, 2017 - Nov 3, 2022
#2	-2.52% Dec 18, 2024 - Jan 6, 2025	-79.36% Jun 25, 2014 - Nov 20, 2017
#3	-2.25% Apr 7, 2025 - Apr 29, 2025	N/A
#4	-2.18% Jan 6, 2025 - Feb 21, 2025	N/A
#5	-1.74% May 2, 2025 - May 12, 2025	N/A
#6	-1.67% Apr 2, 2025 - Apr 7, 2025	N/A
#7	-1.58% Mar 31, 2025 - Apr 2, 2025	N/A
#8	-1.29% May 12, 2025 - May 14, 2025	N/A
#9	-1.24% Dec 12, 2024 - Dec 18, 2024	N/A
#10	-0.47% Feb 27, 2025 - Mar 4, 2025	N/A
#11	-0.45% Jun 25, 2024 - Oct 18, 2024	N/A
#12	-0.38% Nov 29, 2024 - Dec 5, 2024	N/A
#13	-0.38% Mar 10, 2025 - Mar 14, 2025	N/A
#14	-0.37% Mar 18, 2025 - Mar 26, 2025	N/A
#15	-0.29% Dec 5, 2024 - Dec 11, 2024	N/A