CPNG vs. SHOP
CPNG (Coupang, Inc.) and SHOP (Shopify Inc.) are both stocks. CPNG operates in Internet Retail (Consumer Cyclical), while SHOP operates in Software - Application (Technology). Over the past 5 years, CPNG returned -15.84%/yr vs -1.30%/yr for SHOP. At a 0.45 correlation, their price movements are largely independent.
Performance
CPNG vs. SHOP - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with CPNG having a -30.39% return and SHOP slightly higher at -29.84%.
CPNG
- 1D
- -1.85%
- 1M
- -18.95%
- YTD
- -30.39%
- 6M
- -38.18%
- 1Y
- -41.81%
- 3Y*
- -0.22%
- 5Y*
- -15.84%
- 10Y*
- —
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%
CPNG vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CPNG Coupang, Inc. | -30.39% | 7.32% | 35.76% | 10.06% | -49.93% | -40.35% |
SHOP Shopify Inc. | -29.84% | 51.39% | 36.50% | 124.43% | -74.80% | 20.59% |
Correlation
The correlation between CPNG and SHOP is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2021 | 0.45 |
The correlation between CPNG and SHOP shifts across timeframes, from 0.33 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CPNG:
$29.97B
SHOP:
$147.20B
CPNG:
-$0.09
SHOP:
$1.02
CPNG:
1.06
SHOP:
16.06
CPNG:
7.63
SHOP:
11.78
CPNG:
$28.65B
SHOP:
$9.20B
CPNG:
$3.65B
SHOP:
$5.93B
CPNG:
$80.00M
SHOP:
$1.60B
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Return for Risk
CPNG vs. SHOP — Risk / Return Rank
CPNG
SHOP
CPNG vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coupang, Inc. (CPNG) 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.
| CPNG | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -2.08 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.07 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 0.16 | -0.93 |
| Martin ratioReturn relative to average drawdown | -1.41 | 0.35 | -1.76 |
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
| CPNG | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.04 | 0.13 | -1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | -0.02 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 0.69 | -1.06 |
Drawdowns
CPNG vs. SHOP - Drawdown Comparison
The maximum CPNG drawdown since its inception was -81.47%, roughly equal to the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for CPNG and SHOP.
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Drawdown Indicators
| CPNG | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.47% | -84.82% | +3.35% |
Max Drawdown (1Y)Largest decline over 1 year | -54.49% | -46.71% | -7.78% |
Max Drawdown (3Y)Largest decline over 3 years | -54.49% | -46.71% | -7.78% |
Max Drawdown (5Y)Largest decline over 5 years | -79.01% | -84.82% | +5.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -67.45% | -36.91% | -30.54% |
Average DrawdownAverage peak-to-trough decline | -54.90% | -28.21% | -26.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.59% | 21.36% | +8.23% |
Volatility
CPNG vs. SHOP - Volatility Comparison
The current volatility for Coupang, Inc. (CPNG) is 19.70%, while Shopify Inc. (SHOP) has a volatility of 24.71%. This indicates that CPNG 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
| CPNG | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.70% | 24.71% | -5.01% |
Volatility (6M)Calculated over the trailing 6-month period | 35.67% | 43.60% | -7.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.31% | 57.17% | -16.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.91% | 65.51% | -13.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.41% | 59.05% | -6.64% |
Dividends
CPNG vs. SHOP - Dividend Comparison
Neither CPNG nor SHOP has paid dividends to shareholders.
Financials
CPNG vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Coupang, 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
CPNG and SHOP have a correlation of 0.33, 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 CPNG (19.70%). In terms of maximum drawdown, CPNG dropped -81.47% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (0.13 vs -1.04), 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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