WETH vs REED
Comparison between Wetouch Technology Inc (WETH, Company) and Reeds Inc (REED, Company).
WETH is from the Technology sector, while REED is from the Consumer Defensive sector.
5-Year PerformanceWETH has outperformed REED, delivering a return of -9.2% compared to -84.7%
WETH vs REED - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
WETH vs REED - Historical Returns
Returns include dividend reinvestment.
WETH vs REED - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | WETH | REED |
|---|---|---|
| 2026 | -10.07% | -35.71% |
| 2025 | -24.72% | -50.70% |
| 2024 | -65.29% | -66.34% |
| 2023 | +1940.00% | -99.05% |
| 2022 | -74.04% | -82.10% |
| 2021 | -81.65% | -41.00% |
| 2020 | +574.04% | -34.33% |
| 2019 | +44.00% | -58.64% |
| 2018 | -53.33% | +29.37% |
| 2017 | -62.03% | -61.25% |
| 2016 | N/A | -23.51% |
| 2015 | N/A | -8.81% |
| 2014 | N/A | -25.19% |
| 2013 | N/A | +35.25% |
| 2012 | N/A | +411.71% |
| 2011 | N/A | -45.59% |
| 2010 | N/A | +41.55% |
| 2009 | N/A | +18.93% |
| 2008 | N/A | -81.64% |
| 2007 | N/A | -27.00% |
WETH vs REED Drawdown Comparison
The maximum drawdown for WETH was -98.16%, occurring on Mar 13, 2023. Recovery took 672 trading sessions.
The maximum drawdown for REED was -100.00%, occurring on Jun 18, 2026. This drawdown has not yet recovered.
The current WETH drawdown is -91.62%. The current REED drawdown is -100.00%.
| Rank | WETH | REED |
|---|---|---|
| #1 | -98.16% Jan 20, 2021 - Sep 28, 2023 | -100.00% Aug 2, 2007 - Jun 18, 2026 |
| #2 | -95.24% Oct 12, 2017 - Mar 4, 2019 | -19.64% May 3, 2007 - Jul 17, 2007 |
| #3 | -95.03% Oct 4, 2023 - Aug 5, 2025 | -11.11% Jul 18, 2007 - Aug 1, 2007 |
| #4 | -78.33% Jun 24, 2020 - Oct 6, 2020 | N/A |
| #5 | -74.75% Oct 6, 2020 - Jan 14, 2021 | N/A |
| #6 | -74.68% Sep 25, 2017 - Oct 12, 2017 | N/A |
| #7 | -66.10% Jun 20, 2019 - Jun 5, 2020 | N/A |
| #8 | -59.65% Mar 4, 2019 - Jun 20, 2019 | N/A |
| #9 | -54.07% Jun 5, 2020 - Jun 24, 2020 | N/A |
| #10 | -3.39% Jan 14, 2021 - Jan 20, 2021 | N/A |
Correlation
Correlation between WETH and REED is -0.30 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
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