ENV vs. SHOP

Last updated Jun 13, 2026

ENV (Envestnet, Inc.) and SHOP (Shopify Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. At a 0.30 correlation, their price movements are largely independent.

Performance

ENV vs. SHOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Envestnet, Inc. (ENV) and Shopify Inc. (SHOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ENV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ENV vs. SHOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENV Envestnet, Inc.	0.00%	0.00%	27.50%	-19.74%	-22.23%	-3.58%	18.18%	41.55%	-1.32%	41.42%
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 ENV and SHOP is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since May 21, 2015	0.30

The correlation between ENV and SHOP shifts across timeframes, from 0.15 (3 years) to 0.32 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) ENV : $1.34B SHOP : $9.20B
Gross Profit (TTM) ENV : $911.20M SHOP : $5.93B
EBITDA (TTM) ENV : -$92.97M SHOP : $1.60B

Return for Risk

ENV vs. SHOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SHOP

SHOP Risk / Return Rank: 42
SHOP Sharpe Ratio Rank: 42
SHOP Sortino Ratio Rank: 41
SHOP Omega Ratio Rank: 41
SHOP Calmar Ratio Rank: 42
SHOP Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENV vs. SHOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envestnet, Inc. (ENV) 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.

	ENV	SHOP	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.02	—
Sortino ratio: Return per unit of downside risk	—	0.39	—
Omega ratio: Gain probability vs. loss probability	—	1.05	—
Calmar ratio: Return relative to maximum drawdown	—	-0.02	—
Martin ratio: Return relative to average drawdown	—	-0.04	—

Drawdowns

Drawdown Indicators

	ENV	SHOP	Difference
Max Drawdown Largest peak-to-trough decline	—	-84.82%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-46.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-46.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-84.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.82%	—
Current Drawdown Current decline from peak	—	-39.53%	—
Average Drawdown Average peak-to-trough decline	—	-28.23%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	22.27%	—

Volatility

Volatility by Period

	ENV	SHOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	43.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	57.03%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	65.55%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	59.07%	—

Dividends

ENV vs. SHOP - Dividend Comparison

Neither ENV nor SHOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ENV and SHOP in my portfolio?

ENV and SHOP have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.