DSG.TO vs. SHOP.TO
Compare and contrast key facts about The Descartes Systems Group Inc. (DSG.TO) and Shopify Inc. (SHOP.TO).
Performance
DSG.TO vs. SHOP.TO - Performance Comparison
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DSG.TO vs. SHOP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DSG.TO The Descartes Systems Group Inc. | -18.23% | -26.31% | 46.77% | 17.95% | -9.78% | 40.52% | 34.14% | 54.04% | 0.81% | 24.83% |
SHOP.TO Shopify Inc. | -25.48% | 44.45% | 48.30% | 119.44% | -73.01% | 21.18% | 178.39% | 173.48% | 48.52% | 120.29% |
Fundamentals
DSG.TO:
CA$8.62B
SHOP.TO:
CA$214.75B
DSG.TO:
CA$1.88
SHOP.TO:
CA$0.95
DSG.TO:
52.43
SHOP.TO:
173.47
DSG.TO:
2.96
SHOP.TO:
0.34
DSG.TO:
11.78
SHOP.TO:
18.56
DSG.TO:
5.37
SHOP.TO:
15.97
DSG.TO:
CA$732.06M
SHOP.TO:
CA$11.61B
DSG.TO:
CA$543.10M
SHOP.TO:
CA$5.58B
DSG.TO:
CA$310.05M
SHOP.TO:
CA$1.67B
Returns By Period
In the year-to-date period, DSG.TO achieves a -18.23% return, which is significantly higher than SHOP.TO's -25.48% return. Over the past 10 years, DSG.TO has underperformed SHOP.TO with an annualized return of 14.37%, while SHOP.TO has yielded a comparatively higher 46.16% annualized return.
DSG.TO
- 1D
- -1.18%
- 1M
- 6.86%
- YTD
- -18.23%
- 6M
- -22.83%
- 1Y
- -32.45%
- 3Y*
- -3.36%
- 5Y*
- 4.86%
- 10Y*
- 14.37%
SHOP.TO
- 1D
- -0.22%
- 1M
- 0.84%
- YTD
- -25.48%
- 6M
- -21.05%
- 1Y
- 17.88%
- 3Y*
- 36.47%
- 5Y*
- 2.61%
- 10Y*
- 46.16%
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Return for Risk
DSG.TO vs. SHOP.TO — Risk / Return Rank
DSG.TO
SHOP.TO
DSG.TO vs. SHOP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Descartes Systems Group Inc. (DSG.TO) and Shopify Inc. (SHOP.TO). 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.
| DSG.TO | SHOP.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.88 | 0.30 | -1.18 |
Sortino ratioReturn per unit of downside risk | -1.21 | 0.87 | -2.08 |
Omega ratioGain probability vs. loss probability | 0.85 | 1.11 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | -0.69 | 0.51 | -1.20 |
Martin ratioReturn relative to average drawdown | -1.36 | 1.22 | -2.58 |
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
| DSG.TO | SHOP.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.88 | 0.30 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.04 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.81 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.77 | -0.57 |
Correlation
The correlation between DSG.TO and SHOP.TO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DSG.TO vs. SHOP.TO - Dividend Comparison
Neither DSG.TO nor SHOP.TO has paid dividends to shareholders.
Drawdowns
DSG.TO vs. SHOP.TO - Drawdown Comparison
The maximum DSG.TO drawdown since its inception was -99.00%, which is greater than SHOP.TO's maximum drawdown of -83.47%. Use the drawdown chart below to compare losses from any high point for DSG.TO and SHOP.TO.
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Drawdown Indicators
| DSG.TO | SHOP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.00% | -83.47% | -15.53% |
Max Drawdown (1Y)Largest decline over 1 year | -46.77% | -39.71% | -7.06% |
Max Drawdown (5Y)Largest decline over 5 years | -50.94% | -83.47% | +32.53% |
Max Drawdown (10Y)Largest decline over 10 years | -50.94% | -83.47% | +32.53% |
Current DrawdownCurrent decline from peak | -43.85% | -34.04% | -9.81% |
Average DrawdownAverage peak-to-trough decline | -69.92% | -26.68% | -43.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.63% | 16.62% | +7.01% |
Volatility
DSG.TO vs. SHOP.TO - Volatility Comparison
The current volatility for The Descartes Systems Group Inc. (DSG.TO) is 10.43%, while Shopify Inc. (SHOP.TO) has a volatility of 14.96%. This indicates that DSG.TO experiences smaller price fluctuations and is considered to be less risky than SHOP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DSG.TO | SHOP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.43% | 14.96% | -4.53% |
Volatility (6M)Calculated over the trailing 6-month period | 28.23% | 38.15% | -9.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.02% | 60.76% | -23.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.89% | 62.73% | -33.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.36% | 57.13% | -28.77% |
Financials
DSG.TO vs. SHOP.TO - Financials Comparison
This section allows you to compare key financial metrics between The Descartes Systems Group 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
DSG.TO vs. SHOP.TO - Profitability Comparison
DSG.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Descartes Systems Group Inc. reported a gross profit of 130.68M and revenue of 195.83M. Therefore, the gross margin over that period was 66.7%.
SHOP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Shopify Inc. reported a gross profit of 1.71B and revenue of 3.73B. Therefore, the gross margin over that period was 46.0%.
DSG.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Descartes Systems Group Inc. reported an operating income of 66.08M and revenue of 195.83M, resulting in an operating margin of 33.7%.
SHOP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Shopify Inc. reported an operating income of 756.45M and revenue of 3.73B, resulting in an operating margin of 20.3%.
DSG.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Descartes Systems Group Inc. reported a net income of 46.33M and revenue of 195.83M, resulting in a net margin of 23.7%.
SHOP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Shopify Inc. reported a net income of 754.42M and revenue of 3.73B, resulting in a net margin of 20.2%.