DT vs. SHOP
DT (Dynatrace, Inc.) and SHOP (Shopify Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, DT returned -7.05%/yr vs -4.82%/yr for SHOP. Their 0.55 correlation means they have sometimes moved together and sometimes differently.
Performance
DT vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, DT achieves a 2.26% return, which is significantly higher than SHOP's -27.22% return.
DT
- 1D
- 0.50%
- 1M
- -2.34%
- 6M
- 16.36%
- YTD
- 2.26%
- 1Y
- -15.76%
- 3Y*
- -7.05%
- 5Y*
- -7.05%
- 10Y*
- —
- ALL TIME*
- 8.22%
SHOP
- 1D
- -4.29%
- 1M
- -3.68%
- 6M
- -10.73%
- YTD
- -27.22%
- 1Y
- -4.14%
- 3Y*
- 20.20%
- 5Y*
- -4.82%
- 10Y*
- 42.67%
- ALL TIME*
- 39.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $181.38M | $180.50M | $231.39M | |
SHOP Shopify Inc. | $1.12B | $980.06M | $1.18B |
DT vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DT Dynatrace, Inc. | 2.26% | -20.26% | -0.62% | 42.79% | -36.54% | 39.47% | 71.03% | -0.78% |
SHOP Shopify Inc. | -27.22% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 25.07% |
Correlation
The correlation between DT and SHOP is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.36 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2019 | 0.55 |
The correlation between DT and SHOP shifts across timeframes, from 0.36 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DT:
$12.92B
SHOP:
$152.02B
DT:
$0.73
SHOP:
$1.02
DT:
60.47
SHOP:
114.96
DT:
0.84
SHOP:
0.22
DT:
6.63
SHOP:
16.65
DT:
5.07
SHOP:
12.21
DT:
$2.02B
SHOP:
$9.20B
DT:
$1.65B
SHOP:
$5.93B
DT:
$289.14M
SHOP:
$1.60B
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Return for Risk
DT vs. SHOP — Risk / Return Rank
DT
SHOP
DT vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynatrace, Inc. (DT) 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.
| DT | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.04 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.09 | -0.33 |
| Martin ratioReturn relative to average drawdown | -0.81 | -0.16 | -0.65 |
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Drawdowns
DT vs. SHOP - Drawdown Comparison
The maximum DT drawdown since its inception was -61.77%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for DT and SHOP.
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Drawdown Indicators
| DT | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.77% | -84.82% | +23.05% |
Max Drawdown (1Y)Largest decline over 1 year | -37.30% | -46.71% | +9.41% |
Max Drawdown (3Y)Largest decline over 3 years | -48.16% | -46.71% | -1.45% |
Max Drawdown (5Y)Largest decline over 5 years | -61.77% | -84.82% | +23.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -43.73% | -34.56% | -9.17% |
Average DrawdownAverage peak-to-trough decline | -31.01% | -28.29% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.77% | 25.40% | -4.63% |
Volatility
DT vs. SHOP - Volatility Comparison
The current volatility for Dynatrace, Inc. (DT) is 10.57%, while Shopify Inc. (SHOP) has a volatility of 16.38%. This indicates that DT 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
| DT | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.57% | 16.38% | -5.81% |
Volatility (6M)Calculated over the trailing 6-month period | 34.04% | 45.57% | -11.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.56% | 58.84% | -18.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.99% | 65.90% | -24.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.41% | 59.22% | -12.81% |
Dividends
DT vs. SHOP - Dividend Comparison
Neither DT nor SHOP has paid dividends to shareholders.
Financials
DT vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Dynatrace, 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
DT and SHOP have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (16.38%) compared to DT (10.57%). In terms of maximum drawdown, DT dropped -61.77% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.07 vs -0.39), 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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