AMPX vs. SHOP

Last updated Apr 2, 2026

Compare and contrast key facts about Amprius Technologies Inc. (AMPX) and Shopify Inc. (SHOP).

Performance

AMPX vs. SHOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amprius Technologies Inc. (AMPX) and Shopify Inc. (SHOP). The values are adjusted to include any dividend payments, if applicable.

AMPX vs. SHOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMPX Amprius Technologies Inc.	96.70%	181.79%	-47.07%	-33.29%	-20.70%
SHOP Shopify Inc.	-26.37%	51.39%	36.50%	124.43%	2.54%

Fundamentals

EPS AMPX : -$0.35 SHOP : $1.41
PS Ratio AMPX : 26.96 SHOP : 13.14
Total Revenue (TTM) AMPX : $73.01M SHOP : $7.88B
Gross Profit (TTM) AMPX : $8.26M SHOP : $5.56B
EBITDA (TTM) AMPX : -$18.66M SHOP : $1.61B

Returns By Period

In the year-to-date period, AMPX achieves a 96.70% return, which is significantly higher than SHOP's -26.37% return.

AMPX

• 1D: -7.95%
• 1M: 33.91%
• YTD: 96.70%
• 6M: 28.90%
• 1Y: 501.55%
• 3Y*: 21.23%
• 5Y*: —
• 10Y*: —

SHOP

• 1D: -0.08%
• 1M: -0.72%
• YTD: -26.37%
• 6M: -20.76%
• 1Y: 21.38%
• 3Y*: 35.22%
• 5Y*: 0.51%
• 10Y*: 45.20%

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

Return for Risk

AMPX vs. SHOP — Risk / Return Rank

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

AMPX

AMPX Risk / Return Rank: 96
AMPX Sharpe Ratio Rank: 99
AMPX Sortino Ratio Rank: 96
AMPX Omega Ratio Rank: 91
AMPX Calmar Ratio Rank: 98
AMPX Martin Ratio Rank: 98

SHOP

SHOP Risk / Return Rank: 54
SHOP Sharpe Ratio Rank: 53
SHOP Sortino Ratio Rank: 53
SHOP Omega Ratio Rank: 52
SHOP Calmar Ratio Rank: 56
SHOP Martin Ratio Rank: 56

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.

AMPX vs. SHOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amprius Technologies Inc. (AMPX) 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.

	AMPX	SHOP	Difference
Sharpe ratio Return per unit of total volatility	4.78	0.35	+4.43
Sortino ratio Return per unit of downside risk	3.70	0.95	+2.75
Omega ratio Gain probability vs. loss probability	1.42	1.12	+0.30
Calmar ratio Return relative to maximum drawdown	10.32	0.63	+9.69
Martin ratio Return relative to average drawdown	26.08	1.52	+24.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMPX vs. SHOP - Sharpe Ratio Comparison

The current AMPX Sharpe Ratio is 4.78, which is higher than the SHOP Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of AMPX and SHOP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMPX	SHOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.78	0.35	+4.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.72	-0.62

Correlation

The correlation between AMPX and SHOP is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AMPX vs. SHOP - Dividend Comparison

Neither AMPX nor SHOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

AMPX vs. SHOP - Drawdown Comparison

The maximum AMPX drawdown since its inception was -94.49%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for AMPX and SHOP.

Drawdown Indicators

	AMPX	SHOP	Difference
Max Drawdown Largest peak-to-trough decline	-94.49%	-84.82%	-9.67%
Max Drawdown (1Y) Largest decline over 1 year	-46.41%	-38.18%	-8.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-84.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.82%	—
Current Drawdown Current decline from peak	-19.92%	-33.79%	+13.87%
Average Drawdown Average peak-to-trough decline	-57.30%	-28.09%	-29.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.37%	15.92%	+2.45%

Volatility

AMPX vs. SHOP - Volatility Comparison

Amprius Technologies Inc. (AMPX) has a higher volatility of 31.90% compared to Shopify Inc. (SHOP) at 15.33%. This indicates that AMPX's price experiences larger fluctuations and is considered to be riskier than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMPX	SHOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.90%	15.33%	+16.57%
Volatility (6M) Calculated over the trailing 6-month period	77.35%	38.93%	+38.42%
Volatility (1Y) Calculated over the trailing 1-year period	105.85%	60.84%	+45.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	129.41%	65.03%	+64.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	129.41%	58.57%	+70.84%

Financials