Short answer: the Moondrop Rays. Both are rated 4.1/5 for sound quality (#313 and #350 of 1291 in-ear headphones), and the Moondrop Rays costs $99.99 against $109 for the Tin HiFi P1 Max II, and with sound quality even, the cheaper one is the better buy.
Why pick the Moondrop Rays: A hybrid of a 10mm dynamic driver and a 6mm planar magnetic driver with an inline microphone, scoring 75 on the preference scale in squig.link hobbyist measurements. Watch for: Treble from 6 to 10 kHz sits about 3 dB low with a 5.7 dB dip near 10.5 kHz, so cymbals and detail sound dull and distant.
What the Tin HiFi P1 Max II does well: A planar IEM that measures well across fourteen measurements (score 75), with bass on target down to 20 Hz. The catch: At 98 dB sensitivity it needs more power than most IEMs, so a dongle DAC helps, and treble sits about 3.1 dB below target.
Buy the Moondrop Rays. Both are rated the same for sound quality, and it costs $9.01 less than the Tin HiFi P1 Max II.
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A hybrid of a 10mm dynamic driver and a 6mm planar magnetic driver with an inline microphone, scoring 75 on the preference scale in squig.link hobbyist measurements.
Amazon $99.99 eBay
A planar IEM that measures well across fourteen measurements (score 75), with bass on target down to 20 Hz.
Amazon $109.00 eBayPrices on this page were last checked October 16, 2026 at 5:46 PM UTC. Product prices and availability are accurate as of that date/time and are subject to change; the price and availability shown on Amazon at the time of purchase will apply to the purchase of this product.
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Specifications Side By Side
| Moondrop Rays | Tin HiFi P1 Max II | |
|---|---|---|
| Price | $99.99 | $109.00 |
| Ranked | #313 of 1291 in In-Ear Headphones | #350 of 1291 in In-Ear Headphones |
| Form Factor | In-ear | In-ear |
| Back | Closed | Closed |
| Harman Preference Score | 75 (median of 17 squig.link measurements, calibrated to AutoEQ) | 75 (median of 14 squig.link measurements, calibrated to AutoEQ) |
| Deviation From Target | 1.95 dB standard deviation | 1.92 dB standard deviation |
| Tonal Tilt | -0.05 (negative is warmer, positive brighter) | -0.28 (negative is warmer, positive brighter) |
| Sub-bass Extension | Within 6 dB of target down to 20 Hz (-4.6 dB at 30 Hz) | Within 6 dB of target down to 20 Hz (-1.5 dB at 30 Hz) |
| Connection | Wired | Wired |
| Driver Type | Hybrid (1 dynamic + 1 planar magnetic) | Planar magnetic |
| Drivers | 1 x 10mm dynamic + 1 x 6mm planar magnetic | 1 x 14.2mm planar |
| Impedance | 30 ohms | 16 ohms |
| Sensitivity | 120 dB SPL/Vrms | 98 dB at 1 kHz |
| Frequency Response | 7Hz - 39kHz (Manufacturer specified) | - |
| Built-in Microphone | Yes | - |
Frequency Response Compared
Both headphones’ measurements overlaid on the Harman target. Above the target sounds louder in that range, below it quieter. Each curve is the median of several independent measurements, shifted so its 500 Hz to 2 kHz average sits at 0 dB, so only the tuning is compared.
Measurement data: the Moondrop Rays from aden, aftersound, audioamigo, bassaudio, bedrock, boizoff, csi-zone, fahryst, fernandagunsan, hu-fi, koi, practiphile, pw, soundignity, superreview, suporsalad and timmyv; the Tin HiFi P1 Max II from arn, audioamigo, csi-zone, dl, hobbytalk, hu-fi, jaytiss, kuping-sensi, mmagtech, pw, samreviews, soundcheck39, soundignity and vortexreviews, all via squig.link.
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