DDOG vs. SHOP
DDOG (Datadog, Inc.) and SHOP (Shopify Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, DDOG returned 18.96%/yr vs -3.90%/yr for SHOP. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
DDOG vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, DDOG achieves a 89.38% return, which is significantly higher than SHOP's -23.87% return.
DDOG
- 1D
- -4.26%
- 1M
- 9.95%
- 6M
- 105.23%
- YTD
- 89.38%
- 1Y
- 87.48%
- 3Y*
- 34.87%
- 5Y*
- 18.96%
- 10Y*
- —
SHOP
- 1D
- -0.51%
- 1M
- 10.93%
- 6M
- -25.50%
- YTD
- -23.87%
- 1Y
- 9.30%
- 3Y*
- 24.73%
- 5Y*
- -3.90%
- 10Y*
- 43.76%
DDOG vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DDOG Datadog, Inc. | 89.38% | -4.83% | 17.72% | 65.14% | -58.73% | 80.93% | 160.56% | -6.37% |
SHOP Shopify Inc. | -23.87% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 22.01% |
Correlation
The correlation between DDOG and SHOP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2019 | 0.56 |
The correlation between DDOG and SHOP shifts across timeframes, from 0.43 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DDOG:
$91.67B
SHOP:
$159.01B
DDOG:
$0.37
SHOP:
$1.02
DDOG:
691.12
SHOP:
120.25
DDOG:
6.20
SHOP:
0.23
DDOG:
25.54
SHOP:
17.42
DDOG:
23.55
SHOP:
12.78
DDOG:
$3.67B
SHOP:
$9.20B
DDOG:
$2.93B
SHOP:
$5.93B
DDOG:
$173.48M
SHOP:
$1.60B
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Return for Risk
DDOG vs. SHOP — Risk / Return Rank
DDOG
SHOP
DDOG vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Datadog, Inc. (DDOG) 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.
| DDOG | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.07 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 0.14 | +1.67 |
| Martin ratioReturn relative to average drawdown | 3.52 | 0.27 | +3.26 |
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Drawdowns
DDOG vs. SHOP - Drawdown Comparison
The maximum DDOG drawdown since its inception was -68.11%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for DDOG and SHOP.
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Drawdown Indicators
| DDOG | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.11% | -84.82% | +16.71% |
Max Drawdown (1Y)Largest decline over 1 year | -48.62% | -46.71% | -1.91% |
Max Drawdown (3Y)Largest decline over 3 years | -48.62% | -46.71% | -1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -68.11% | -84.82% | +16.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -7.19% | -31.55% | +24.36% |
Average DrawdownAverage peak-to-trough decline | -30.77% | -28.27% | -2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.86% | 24.21% | +0.65% |
Volatility
DDOG vs. SHOP - Volatility Comparison
Datadog, Inc. (DDOG) and Shopify Inc. (SHOP) have volatilities of 12.82% and 13.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DDOG | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.82% | 13.46% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 51.36% | 44.46% | +6.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.53% | 57.63% | +6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.45% | 65.64% | -7.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.93% | 59.04% | +0.89% |
Dividends
DDOG vs. SHOP - Dividend Comparison
Neither DDOG nor SHOP has paid dividends to shareholders.
Financials
DDOG vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Datadog, 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
DDOG and SHOP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (13.46%) compared to DDOG (12.82%). In terms of maximum drawdown, DDOG dropped -68.11% vs SHOP's -84.82%.
DDOG currently has the higher Sharpe Ratio (1.36 vs 0.11), 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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