ALKT vs. SHOP
ALKT (Alkami Technology, Inc.) and SHOP (Shopify Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, ALKT returned -13.85%/yr vs -2.79%/yr for SHOP. At a 0.47 correlation, their price movements are largely independent.
Performance
ALKT vs. SHOP - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ALKT having a -34.16% return and SHOP slightly higher at -32.76%.
ALKT
- 1D
- 1.88%
- 1M
- -8.33%
- YTD
- -34.16%
- 6M
- -31.85%
- 1Y
- -46.59%
- 3Y*
- -0.61%
- 5Y*
- -13.85%
- 10Y*
- —
SHOP
- 1D
- -2.02%
- 1M
- 13.46%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- -0.89%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
ALKT vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ALKT Alkami Technology, Inc. | -34.16% | -37.10% | 51.26% | 66.21% | -27.27% | -51.38% |
SHOP Shopify Inc. | -32.76% | 51.39% | 36.50% | 124.43% | -74.80% | 10.94% |
Correlation
The correlation between ALKT and SHOP is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.47 |
The correlation between ALKT and SHOP shifts across timeframes, from 0.32 (1 year) to 0.48 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALKT:
$1.62B
SHOP:
$141.08B
ALKT:
-$0.48
SHOP:
$1.02
ALKT:
3.36
SHOP:
15.39
ALKT:
4.36
SHOP:
11.29
ALKT:
$471.94M
SHOP:
$9.20B
ALKT:
$272.71M
SHOP:
$5.93B
ALKT:
-$17.46M
SHOP:
$1.60B
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Return for Risk
ALKT vs. SHOP — Risk / Return Rank
ALKT
SHOP
ALKT vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkami Technology, Inc. (ALKT) 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.
| ALKT | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.05 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.02 | -0.89 |
| Martin ratioReturn relative to average drawdown | -1.38 | -0.04 | -1.34 |
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Drawdowns
ALKT vs. SHOP - Drawdown Comparison
The maximum ALKT drawdown since its inception was -79.03%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for ALKT and SHOP.
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Drawdown Indicators
| ALKT | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.03% | -84.82% | +5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -51.61% | -46.71% | -4.90% |
Max Drawdown (3Y)Largest decline over 3 years | -64.68% | -46.71% | -17.97% |
Max Drawdown (5Y)Largest decline over 5 years | -73.50% | -84.82% | +11.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -68.15% | -39.53% | -28.62% |
Average DrawdownAverage peak-to-trough decline | -52.42% | -28.23% | -24.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.74% | 22.27% | +11.47% |
Volatility
ALKT vs. SHOP - Volatility Comparison
The current volatility for Alkami Technology, Inc. (ALKT) is 13.35%, while Shopify Inc. (SHOP) has a volatility of 15.38%. This indicates that ALKT experiences smaller price fluctuations and is considered to be less risky than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALKT | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.35% | 15.38% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 37.48% | 43.41% | -5.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.61% | 57.03% | -6.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.13% | 65.55% | -17.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.70% | 59.07% | -10.37% |
Dividends
ALKT vs. SHOP - Dividend Comparison
Neither ALKT nor SHOP has paid dividends to shareholders.
Financials
ALKT vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Alkami Technology, 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
ALKT and SHOP have a correlation of 0.32, 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 ALKT (13.35%). In terms of maximum drawdown, ALKT dropped -79.03% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.02 vs -0.92), 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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