Responses ofUlva proliferaandUlva linzato Cd2+stress were studied. We found that the relative growth rate (RGR), Fv/Fm, and actual photochemical efficiency of PSII (Yield) of twoUlvaspecies were decreased under Cd2+treatments, and these reductions were greater inU. proliferathan inU. linza.U. proliferaaccumulated more cadmium thanU. linzaunder Cd2+stress. WhileU. linzashowed positive osmotic adjustment ability (OAA) at a wider Cd2+range thanU. prolifera.U. linzahad greater contents of N, P, Na+, K+, and amino acids thanU. prolifera. A range of parameters (concentrations of cadmium, Ca2+, N, P, K+, Cl−, free amino acids (FAAs), proline, organic acids and soluble protein, Fv/Fm, Yield, OAA, and K+/Na+) could be used to evaluate cadmium resistance inUlvaby correlation analysis. In accordance with the order of the absolute values of correlation coefficient, contents of Cd2+and K+, Yield, proline content, Fv/Fm, FAA content, and OAA value ofUlvawere more highly related to their adaptation to Cd2+than the other eight indices. Thus,U. linzahas a better adaptation to Cd2+thanU. prolifera, which was due mainly to higher nutrient content and stronger OAA and photosynthesis inU. linza.