TDUP vs BACQU

Comparison between ThredUp Inc - Class A (TDUP, Company) and Merlin Inc - Units (1Ord Class A & 1 Rights) (BACQU, Company).

TDUP is from the Consumer Cyclical sector, while BACQU is from the Financial Services sector.

TDUP vs BACQU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TDUP(COMPANY)	BACQU(COMPANY)
Market Cap	$779M	$781M
Max Drawdown	98.32%	26.63%
Sharpe Ratio	-0.31	0.17
5Y Beta	1.44	0.05
Industry	Internet Retail	Shell Companies
P/E Ratio	-35.51	N/A
Debt to Equity	29.87%	0.00%
Free Cash Flow Yield	-2.36%	-3.45%
P/S Ratio	2.43	N/A
P/B Ratio	13.95	N/A

Market Cap

TDUP

$779M

Winner

BACQU

$781M

Max Drawdown

TDUP

98.32%

Winner

BACQU

26.63%

Sharpe Ratio

TDUP

-0.31

Winner

BACQU

0.17

5Y Beta

TDUP

1.44

Winner

BACQU

0.05

Industry

TDUP

Internet Retail

BACQU

Shell Companies

P/E Ratio

TDUP

-35.51

BACQU

N/A

Debt to Equity

TDUP

29.87%

Winner

BACQU

0.00%

Free Cash Flow Yield

Winner

TDUP

-2.36%

BACQU

-3.45%

P/S Ratio

TDUP

2.43

BACQU

N/A

P/B Ratio

TDUP

13.95

BACQU

N/A

TDUP vs BACQU - Historical Returns

Returns include dividend reinvestment.

Period	TDUP	BACQU
1 month	-12.84%	+0.00%
3 months	+35.39%	+0.00%
6 months	+9.83%	-8.86%
1 year	-28.75%	+3.87%
5 years(CAGR)	-27.01%	N/A
Max(CAGR)	-20.99%	+5.77%

TDUP

-12.84%

Winner

BACQU

+0.00%

Winner

TDUP

+35.39%

BACQU

+0.00%

Winner

TDUP

+9.83%

BACQU

-8.86%

TDUP

-28.75%

Winner

BACQU

+3.87%

5Y(CAGR)

TDUP

-27.01%

BACQU

N/A

Max(CAGR)

TDUP

-20.99%

Winner

BACQU

+5.77%

TDUP vs BACQU - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	TDUP	BACQU
2026	-6.10%	-6.78%
2025	+353.19%	+17.65%
2024	-38.77%	+0.67%
2023	+90.68%	N/A
2022	-90.42%	N/A
2021	-36.20%	N/A

TDUP vs BACQU Drawdown Comparison

The maximum drawdown for TDUP was -98.32%, occurring on Nov 4, 2024. This drawdown has not yet recovered.

The maximum drawdown for BACQU was -26.63%, occurring on Feb 13, 2026. This drawdown has not yet recovered.

The current TDUP drawdown is -81.85%. The current BACQU drawdown is -21.26%.

Rank	TDUP	BACQU
#1	-98.32% Mar 29, 2021 - Nov 4, 2024	-26.63% Oct 24, 2025 - Feb 13, 2026
#2	N/A	-2.67% Apr 25, 2025 - May 29, 2025
#3	N/A	-1.40% Jun 10, 2025 - Jul 2, 2025
#4	N/A	-1.21% Jul 2, 2025 - Aug 14, 2025
#5	N/A	-0.85% May 29, 2025 - Jun 10, 2025
#6	N/A	-0.59% Feb 24, 2025 - Apr 1, 2025
#7	N/A	-0.49% Feb 12, 2025 - Feb 24, 2025
#8	N/A	-0.34% Apr 1, 2025 - Apr 24, 2025
#9	N/A	-0.30% Jan 10, 2025 - Jan 17, 2025
#10	N/A	-0.30% Feb 3, 2025 - Feb 12, 2025
#11	N/A	-0.21% Dec 23, 2024 - Jan 10, 2025
#12	N/A	-0.20% Nov 20, 2024 - Dec 2, 2024
#13	N/A	-0.15% Dec 2, 2024 - Dec 23, 2024
#14	N/A	-0.14% Jan 17, 2025 - Jan 28, 2025
#15	N/A	-0.12% Nov 7, 2024 - Nov 15, 2024