ASM vs. SHOP
ASM (Avino Silver & Gold Mines Ltd.) and SHOP (Shopify Inc.) are both stocks. ASM operates in Other Precious Metals & Mining (Basic Materials), while SHOP operates in Software - Application (Technology). Over the past 10 years, ASM returned 11.05%/yr vs 43.59%/yr for SHOP. At a 0.15 correlation, their price movements are largely independent.
Performance
ASM vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, ASM achieves a 2.90% return, which is significantly higher than SHOP's -32.76% return. Over the past 10 years, ASM has underperformed SHOP with an annualized return of 11.05%, while SHOP has yielded a comparatively higher 43.59% annualized return.
ASM
- 1D
- 6.86%
- 1M
- -10.50%
- YTD
- 2.90%
- 6M
- 7.58%
- 1Y
- 79.49%
- 3Y*
- 109.07%
- 5Y*
- 37.29%
- 10Y*
- 11.05%
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%
ASM vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASM Avino Silver & Gold Mines Ltd. | 2.90% | 604.88% | 68.13% | -22.95% | -21.01% | -33.77% | 124.14% | -4.92% | -54.48% | -2.19% |
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 ASM and SHOP is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.15 |
Fundamentals
ASM:
$1.11B
SHOP:
$141.08B
ASM:
$0.23
SHOP:
$1.02
ASM:
28.13
SHOP:
106.25
ASM:
0.08
SHOP:
0.20
ASM:
9.37
SHOP:
15.39
ASM:
4.02
SHOP:
11.29
ASM:
$110.70M
SHOP:
$9.20B
ASM:
$59.09M
SHOP:
$5.93B
ASM:
$55.20M
SHOP:
$1.60B
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Return for Risk
ASM vs. SHOP — Risk / Return Rank
ASM
SHOP
ASM vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avino Silver & Gold Mines Ltd. (ASM) 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.
| ASM | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.05 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | -0.02 | +1.40 |
| Martin ratioReturn relative to average drawdown | 2.95 | -0.04 | +2.99 |
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Drawdowns
ASM vs. SHOP - Drawdown Comparison
The maximum ASM drawdown since its inception was -94.10%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for ASM and SHOP.
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Drawdown Indicators
| ASM | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.10% | -84.82% | -9.28% |
Max Drawdown (1Y)Largest decline over 1 year | -52.40% | -46.71% | -5.69% |
Max Drawdown (3Y)Largest decline over 3 years | -52.40% | -46.71% | -5.69% |
Max Drawdown (5Y)Largest decline over 5 years | -67.29% | -84.82% | +17.53% |
Max Drawdown (10Y)Largest decline over 10 years | -90.91% | -84.82% | -6.09% |
Current DrawdownCurrent decline from peak | -43.15% | -39.53% | -3.62% |
Average DrawdownAverage peak-to-trough decline | -63.76% | -28.23% | -35.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.57% | 22.27% | +2.30% |
Volatility
ASM vs. SHOP - Volatility Comparison
Avino Silver & Gold Mines Ltd. (ASM) has a higher volatility of 26.77% compared to Shopify Inc. (SHOP) at 15.38%. This indicates that ASM'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.
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Volatility by Period
| ASM | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.77% | 15.38% | +11.39% |
Volatility (6M)Calculated over the trailing 6-month period | 65.36% | 43.41% | +21.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.16% | 57.03% | +25.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.03% | 65.55% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.72% | 59.07% | +10.65% |
Dividends
ASM vs. SHOP - Dividend Comparison
Neither ASM nor SHOP has paid dividends to shareholders.
Financials
ASM vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Avino Silver & Gold Mines Ltd. 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
ASM and SHOP have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASM has higher volatility (26.77%) compared to SHOP (15.38%). In terms of maximum drawdown, ASM dropped -94.10% vs SHOP's -84.82%.
ASM currently has the higher Sharpe Ratio (0.89 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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