ADI vs. SHOP
ADI (Analog Devices, Inc.) and SHOP (Shopify Inc.) are both stocks. Both are in the Technology sector — ADI in Semiconductors, SHOP in Software - Application. Over the past 10 years, ADI returned 24.34%/yr vs 43.59%/yr for SHOP. At a 0.40 correlation, their price movements are largely independent.
Performance
ADI vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, ADI achieves a 54.96% return, which is significantly higher than SHOP's -32.76% return. Over the past 10 years, ADI has underperformed SHOP with an annualized return of 24.34%, while SHOP has yielded a comparatively higher 43.59% annualized return.
ADI
- 1D
- 1.37%
- 1M
- 0.35%
- YTD
- 54.96%
- 6M
- 50.45%
- 1Y
- 88.15%
- 3Y*
- 31.61%
- 5Y*
- 22.09%
- 10Y*
- 24.34%
SHOP
- 1D
- -2.02%
- 1M
- 7.94%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- 2.75%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
ADI vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 54.96% | 29.75% | 8.82% | 23.36% | -4.91% | 20.96% | 26.87% | 41.31% | -1.64% | 25.30% |
SHOP Shopify Inc. | -32.76% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between ADI and SHOP is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.40 |
The correlation between ADI and SHOP shifts across timeframes, from 0.21 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ADI:
$204.91B
SHOP:
$141.08B
ADI:
$6.72
SHOP:
$1.02
ADI:
62.16
SHOP:
106.25
ADI:
3.83
SHOP:
0.20
ADI:
16.17
SHOP:
15.39
ADI:
6.07
SHOP:
11.29
ADI:
$12.74B
SHOP:
$9.20B
ADI:
$8.22B
SHOP:
$5.93B
ADI:
$6.19B
SHOP:
$1.60B
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Return for Risk
ADI vs. SHOP — Risk / Return Rank
ADI
SHOP
ADI vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Analog Devices, Inc. (ADI) and Shopify Inc. (SHOP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADI | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.99 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.05 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 5.27 | -0.02 | +5.29 |
| Martin ratioReturn relative to average drawdown | 14.52 | -0.04 | +14.56 |
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Drawdowns
ADI vs. SHOP - Drawdown Comparison
The maximum ADI drawdown since its inception was -82.88%, roughly equal to the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for ADI and SHOP.
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Drawdown Indicators
| ADI | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.88% | -84.82% | +1.94% |
Max Drawdown (1Y)Largest decline over 1 year | -15.73% | -46.71% | +30.98% |
Max Drawdown (3Y)Largest decline over 3 years | -32.20% | -46.71% | +14.51% |
Max Drawdown (5Y)Largest decline over 5 years | -32.20% | -84.82% | +52.62% |
Max Drawdown (10Y)Largest decline over 10 years | -33.62% | -84.82% | +51.20% |
Current DrawdownCurrent decline from peak | -4.54% | -39.53% | +34.99% |
Average DrawdownAverage peak-to-trough decline | -33.91% | -28.23% | -5.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 22.27% | -16.57% |
Volatility
ADI vs. SHOP - Volatility Comparison
Analog Devices, Inc. (ADI) and Shopify Inc. (SHOP) have volatilities of 14.81% and 15.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADI | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | 15.38% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 25.30% | 43.41% | -18.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.01% | 57.03% | -25.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.13% | 65.55% | -32.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.78% | 59.07% | -26.29% |
Dividends
ADI vs. SHOP - Dividend Comparison
ADI's dividend yield for the trailing twelve months is around 1.00%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 1.00% | 1.46% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% |
SHOP Shopify Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ADI vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Analog Devices, Inc. and Shopify Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
ADI and SHOP have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (15.38%) compared to ADI (14.81%). In terms of maximum drawdown, ADI dropped -82.88% vs SHOP's -84.82%.
ADI currently has the higher Sharpe Ratio (2.59 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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