AMZN vs. SHOP
AMZN (Amazon.com, Inc) and SHOP (Shopify Inc.) are both stocks. AMZN operates in Internet Retail (Consumer Cyclical), while SHOP operates in Software - Application (Technology). Over the past 10 years, AMZN returned 21.29%/yr vs 43.94%/yr for SHOP. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
AMZN vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, AMZN achieves a 8.32% return, which is significantly higher than SHOP's -29.84% return. Over the past 10 years, AMZN has underperformed SHOP with an annualized return of 21.29%, while SHOP has yielded a comparatively higher 43.94% annualized return.
AMZN
- 1D
- -2.53%
- 1M
- -8.10%
- YTD
- 8.32%
- 6M
- 7.59%
- 1Y
- 21.54%
- 3Y*
- 26.25%
- 5Y*
- 9.30%
- 10Y*
- 21.29%
SHOP
- 1D
- -3.48%
- 1M
- -11.45%
- YTD
- -29.84%
- 6M
- -29.41%
- 1Y
- 7.45%
- 3Y*
- 24.67%
- 5Y*
- -1.30%
- 10Y*
- 43.94%
AMZN vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 8.32% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 76.26% | 23.03% | 28.43% | 55.96% |
SHOP Shopify Inc. | -29.84% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between AMZN and SHOP is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since May 22, 2015 | 0.51 |
The correlation between AMZN and SHOP shifts across timeframes, from 0.39 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AMZN:
$2.72T
SHOP:
$147.20B
AMZN:
$8.37
SHOP:
$1.02
AMZN:
29.87
SHOP:
110.87
AMZN:
0.72
SHOP:
0.21
AMZN:
3.65
SHOP:
16.06
AMZN:
6.15
SHOP:
11.78
AMZN:
$742.78B
SHOP:
$9.20B
AMZN:
$348.59B
SHOP:
$5.93B
AMZN:
$152.71B
SHOP:
$1.60B
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Return for Risk
AMZN vs. SHOP — Risk / Return Rank
AMZN
SHOP
AMZN vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) 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.
| AMZN | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.07 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 0.16 | +0.84 |
| Martin ratioReturn relative to average drawdown | 2.39 | 0.35 | +2.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMZN | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 0.13 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | -0.02 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.75 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.69 | -0.13 |
Drawdowns
AMZN vs. SHOP - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for AMZN and SHOP.
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Drawdown Indicators
| AMZN | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -84.82% | -9.58% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -46.71% | +24.97% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -46.71% | +15.83% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -84.82% | +28.67% |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | -84.82% | +28.67% |
Current DrawdownCurrent decline from peak | -9.08% | -36.91% | +27.83% |
Average DrawdownAverage peak-to-trough decline | -28.12% | -28.21% | +0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.02% | 21.36% | -12.34% |
Volatility
AMZN vs. SHOP - Volatility Comparison
The current volatility for Amazon.com, Inc (AMZN) is 7.24%, while Shopify Inc. (SHOP) has a volatility of 24.71%. This indicates that AMZN 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
| AMZN | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 24.71% | -17.47% |
Volatility (6M)Calculated over the trailing 6-month period | 20.35% | 43.60% | -23.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.00% | 57.17% | -27.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.50% | 65.51% | -30.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.46% | 59.05% | -26.59% |
Dividends
AMZN vs. SHOP - Dividend Comparison
Neither AMZN nor SHOP has paid dividends to shareholders.
Financials
AMZN vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Amazon.com, 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
AMZN and SHOP have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (24.71%) compared to AMZN (7.24%). In terms of maximum drawdown, AMZN dropped -94.40% vs SHOP's -84.82%.
AMZN currently has the higher Sharpe Ratio (0.72 vs 0.13), 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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