ASR vs. SHOP
ASR (Grupo Aeroportuario del Sureste, S. A. B. de C. V.) and SHOP (Shopify Inc.) are both stocks. ASR operates in Airports & Air Services (Industrials), while SHOP operates in Software - Application (Technology). Over the past 10 years, ASR returned 10.32%/yr vs 43.59%/yr for SHOP. At a 0.23 correlation, their price movements are largely independent.
Performance
ASR vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, ASR achieves a -9.55% return, which is significantly higher than SHOP's -32.76% return. Over the past 10 years, ASR has underperformed SHOP with an annualized return of 10.32%, while SHOP has yielded a comparatively higher 43.59% annualized return.
ASR
- 1D
- 1.07%
- 1M
- -4.15%
- YTD
- -9.55%
- 6M
- -8.65%
- 1Y
- -3.36%
- 3Y*
- 6.19%
- 5Y*
- 14.67%
- 10Y*
- 10.32%
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%
ASR vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASR Grupo Aeroportuario del Sureste, S. A. B. de C. V. | -9.55% | 42.19% | -9.20% | 32.09% | 16.98% | 27.81% | -11.99% | 28.79% | -15.64% | 26.89% |
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 ASR and SHOP is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.23 |
Fundamentals
ASR:
$8.61B
SHOP:
$141.08B
ASR:
MX$327.81
SHOP:
$1.02
ASR:
15.10
SHOP:
106.25
ASR:
0.76
SHOP:
0.20
ASR:
3.96
SHOP:
15.39
ASR:
3.54
SHOP:
11.29
ASR:
MX$37.47B
SHOP:
$9.20B
ASR:
MX$21.16B
SHOP:
$5.93B
ASR:
MX$18.53B
SHOP:
$1.60B
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Return for Risk
ASR vs. SHOP — Risk / Return Rank
ASR
SHOP
ASR vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) 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.
| ASR | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.05 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | -0.02 | -0.11 |
| Martin ratioReturn relative to average drawdown | -0.33 | -0.04 | -0.29 |
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Drawdowns
ASR vs. SHOP - Drawdown Comparison
The maximum ASR drawdown since its inception was -61.33%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for ASR and SHOP.
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Drawdown Indicators
| ASR | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.33% | -84.82% | +23.49% |
Max Drawdown (1Y)Largest decline over 1 year | -26.13% | -46.71% | +20.58% |
Max Drawdown (3Y)Largest decline over 3 years | -33.81% | -46.71% | +12.90% |
Max Drawdown (5Y)Largest decline over 5 years | -35.28% | -84.82% | +49.54% |
Max Drawdown (10Y)Largest decline over 10 years | -61.33% | -84.82% | +23.49% |
Current DrawdownCurrent decline from peak | -23.25% | -39.53% | +16.28% |
Average DrawdownAverage peak-to-trough decline | -14.45% | -28.23% | +13.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.30% | 22.27% | -11.97% |
Volatility
ASR vs. SHOP - Volatility Comparison
The current volatility for Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) is 8.54%, while Shopify Inc. (SHOP) has a volatility of 15.38%. This indicates that ASR 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
| ASR | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.54% | 15.38% | -6.84% |
Volatility (6M)Calculated over the trailing 6-month period | 21.56% | 43.41% | -21.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.10% | 57.03% | -30.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.53% | 65.55% | -33.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.82% | 59.07% | -24.25% |
Dividends
ASR vs. SHOP - Dividend Comparison
ASR's dividend yield for the trailing twelve months is around 7.64%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASR Grupo Aeroportuario del Sureste, S. A. B. de C. V. | 7.64% | 12.61% | 4.68% | 3.86% | 3.18% | 2.00% | 0.00% | 2.80% | 2.29% | 0.05% | 0.05% | 0.52% |
SHOP Shopify Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ASR vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Grupo Aeroportuario del Sureste, S. A. B. de C. V. 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
ASR and SHOP have a correlation of 0.19, 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 ASR (8.54%). In terms of maximum drawdown, ASR dropped -61.33% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.02 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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