ADYEY vs. PYPL

Last updated Jun 3, 2026

ADYEY (Adyen NV) and PYPL (PayPal Holdings, Inc.) are both stocks. ADYEY operates in Software - Infrastructure (Technology), while PYPL operates in Credit Services (Financial Services). Over the past 5 years, ADYEY returned -13.87%/yr vs -29.54%/yr for PYPL. At a 0.48 correlation, their price movements are largely independent.

Performance

ADYEY vs. PYPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adyen NV (ADYEY) and PayPal Holdings, Inc. (PYPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADYEY achieves a -35.38% return, which is significantly lower than PYPL's -23.49% return.

ADYEY

• 1D: -2.73%
• 1M: -8.35%
• YTD: -35.38%
• 6M: -35.50%
• 1Y: -45.83%
• 3Y*: -15.29%
• 5Y*: -13.87%
• 10Y*: —

PYPL

• 1D: -1.46%
• 1M: -11.72%
• YTD: -23.49%
• 6M: -28.99%
• 1Y: -36.88%
• 3Y*: -11.21%
• 5Y*: -29.54%
• 10Y*: 1.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADYEY vs. PYPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ADYEY Adyen NV	-35.38%	8.94%	13.82%	-6.67%	-47.57%	13.45%	181.82%	30.36%
PYPL PayPal Holdings, Inc.	-23.49%	-31.44%	38.98%	-13.77%	-62.23%	-19.48%	116.51%	7.07%

Correlation

The correlation between ADYEY and PYPL is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Oct 4, 2019	0.48

The correlation between ADYEY and PYPL shifts across timeframes, from 0.36 (3 years) to 0.48 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ADYEY : $32.62B PYPL : $40.97B
EPS ADYEY : $0.63 PYPL : $5.31
PE Ratio ADYEY : 16.44 PYPL : 8.39
PEG Ratio ADYEY : 0.77 PYPL : 0.41
PS Ratio ADYEY : 6.88 PYPL : 1.26
PB Ratio ADYEY : 6.17 PYPL : 2.05
Total Revenue (TTM) ADYEY : $4.74B PYPL : $33.73B
Gross Profit (TTM) ADYEY : $3.83B PYPL : $15.56B
EBITDA (TTM) ADYEY : $2.71B PYPL : $7.23B

Return for Risk

ADYEY vs. PYPL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADYEY

ADYEY Risk / Return Rank: 4
ADYEY Sharpe Ratio Rank: 2
ADYEY Sortino Ratio Rank: 4
ADYEY Omega Ratio Rank: 4
ADYEY Calmar Ratio Rank: 5
ADYEY Martin Ratio Rank: 3

PYPL

PYPL Risk / Return Rank: 9
PYPL Sharpe Ratio Rank: 5
PYPL Sortino Ratio Rank: 8
PYPL Omega Ratio Rank: 7
PYPL Calmar Ratio Rank: 13
PYPL Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADYEY vs. PYPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adyen NV (ADYEY) and PayPal Holdings, Inc. (PYPL). 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.

	ADYEY	PYPL	Difference
Sharpe ratio Return per unit of total volatility	-1.17	-0.95	-0.21
Sortino ratio Return per unit of downside risk	-1.66	-1.18	-0.48
Omega ratio Gain probability vs. loss probability	0.77	0.83	-0.06
Calmar ratio Return relative to maximum drawdown	-0.90	-0.73	-0.18
Martin ratio Return relative to average drawdown	-1.60	-1.33	-0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADYEY vs. PYPL - Sharpe Ratio Comparison

The current ADYEY Sharpe Ratio is -1.17, which is comparable to the PYPL Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of ADYEY and PYPL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ADYEY	PYPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.17	-0.95	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	-0.71	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.02	+0.13

Drawdowns

ADYEY vs. PYPL - Drawdown Comparison

The maximum ADYEY drawdown since its inception was -79.84%, smaller than the maximum PYPL drawdown of -87.30%. Use the drawdown chart below to compare losses from any high point for ADYEY and PYPL.

Drawdown Indicators

	ADYEY	PYPL	Difference
Max Drawdown Largest peak-to-trough decline	-79.84%	-87.30%	+7.46%
Max Drawdown (1Y) Largest decline over 1 year	-51.00%	-49.92%	-1.08%
Max Drawdown (3Y) Largest decline over 3 years	-64.34%	-57.34%	-7.00%
Max Drawdown (5Y) Largest decline over 5 years	-79.84%	-87.30%	+7.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-87.30%	—
Current Drawdown Current decline from peak	-68.48%	-85.49%	+17.01%
Average Drawdown Average peak-to-trough decline	-38.42%	-35.61%	-2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.90%	27.38%	+1.52%

Volatility

ADYEY vs. PYPL - Volatility Comparison

Adyen NV (ADYEY) has a higher volatility of 9.45% compared to PayPal Holdings, Inc. (PYPL) at 8.86%. This indicates that ADYEY's price experiences larger fluctuations and is considered to be riskier than PYPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADYEY	PYPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.45%	8.86%	+0.59%
Volatility (6M) Calculated over the trailing 6-month period	33.80%	31.36%	+2.44%
Volatility (1Y) Calculated over the trailing 1-year period	39.43%	38.82%	+0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.22%	42.04%	+10.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.53%	38.75%	+11.78%

Dividends

ADYEY vs. PYPL - Dividend Comparison

ADYEY has not paid dividends to shareholders, while PYPL's dividend yield for the trailing twelve months is around 0.63%.

Position	TTM	2025
ADYEY Adyen NV	0.00%	0.00%
PYPL PayPal Holdings, Inc.	0.63%	0.24%

Financials

ADYEY vs. PYPL - Profitability Comparison

The chart below illustrates the profitability comparison between Adyen NV and PayPal Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ADYEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adyen NV reported a gross profit of 1.11B and revenue of 1.41B. Therefore, the gross margin over that period was 78.8%.

PYPL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a gross profit of 3.81B and revenue of 8.35B. Therefore, the gross margin over that period was 45.6%.

ADYEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adyen NV reported an operating income of 622.48M and revenue of 1.41B, resulting in an operating margin of 44.1%.

PYPL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported an operating income of 1.49B and revenue of 8.35B, resulting in an operating margin of 17.8%.

ADYEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adyen NV reported a net income of 577.26M and revenue of 1.41B, resulting in a net margin of 40.9%.

PYPL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a net income of 1.11B and revenue of 8.35B, resulting in a net margin of 13.3%.

Frequently Asked Questions

Can I hold both ADYEY and PYPL in my portfolio?

ADYEY and PYPL have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADYEY or PYPL?

ADYEY has higher volatility (9.45%) compared to PYPL (8.86%). In terms of maximum drawdown, ADYEY dropped -79.84% vs PYPL's -87.30%.

Which has better risk-adjusted returns?

PYPL currently has the higher Sharpe Ratio (-0.95 vs -1.17), 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.