ETSY vs. CPNG

Last updated Jun 24, 2026

ETSY (Etsy, Inc.) and CPNG (Coupang, Inc.) are both stocks. Both operate in the Internet Retail industry within the Consumer Cyclical sector. Over the past 5 years, ETSY returned -16.23%/yr vs -14.43%/yr for CPNG. At a 0.34 correlation, their price movements are largely independent.

Performance

ETSY vs. CPNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Etsy, Inc. (ETSY) and Coupang, Inc. (CPNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETSY achieves a 35.08% return, which is significantly higher than CPNG's -25.77% return.

ETSY

• 1D: 3.24%
• 1M: 20.05%
• YTD: 35.08%
• 6M: 36.06%
• 1Y: 38.89%
• 3Y*: -5.57%
• 5Y*: -16.23%
• 10Y*: 23.25%

CPNG

• 1D: 1.16%
• 1M: 8.62%
• YTD: -25.77%
• 6M: -21.93%
• 1Y: -38.30%
• 3Y*: 1.79%
• 5Y*: -14.43%
• 10Y*: —

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

ETSY vs. CPNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ETSY Etsy, Inc.	35.08%	4.82%	-34.74%	-32.33%	-45.29%	6.32%
CPNG Coupang, Inc.	-25.77%	7.32%	35.76%	10.06%	-49.93%	-53.73%

Correlation

The correlation between ETSY and CPNG is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021	0.34

The correlation between ETSY and CPNG shifts across timeframes, from 0.21 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ETSY : $9.06B CPNG : $31.96B
EPS ETSY : $3.01 CPNG : -$0.09
PS Ratio ETSY : 3.21 CPNG : 1.13
Total Revenue (TTM) ETSY : $2.86B CPNG : $28.65B
Gross Profit (TTM) ETSY : $2.06B CPNG : $3.65B
EBITDA (TTM) ETSY : $489.49M CPNG : $80.00M

Return for Risk

ETSY vs. CPNG — Risk / Return Rank

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

ETSY

ETSY Risk / Return Rank: 62
ETSY Sharpe Ratio Rank: 65
ETSY Sortino Ratio Rank: 62
ETSY Omega Ratio Rank: 61
ETSY Calmar Ratio Rank: 62
ETSY Martin Ratio Rank: 61

CPNG

CPNG Risk / Return Rank: 12
CPNG Sharpe Ratio Rank: 8
CPNG Sortino Ratio Rank: 10
CPNG Omega Ratio Rank: 10
CPNG Calmar Ratio Rank: 16
CPNG Martin Ratio Rank: 15

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.

ETSY vs. CPNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Etsy, Inc. (ETSY) and Coupang, Inc. (CPNG). 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.

	ETSY	CPNG	Difference
Sharpe ratio: Return per unit of total volatility	0.71	-0.85	+1.56
Sortino ratio: Return per unit of downside risk	1.29	-1.15	+2.43
Omega ratio: Gain probability vs. loss probability	1.16	0.85	+0.31
Calmar ratio: Return relative to maximum drawdown	0.94	-0.70	+1.64
Martin ratio: Return relative to average drawdown	1.89	-1.21	+3.10

ETSY vs. CPNG - Sharpe Ratio Comparison

The current ETSY Sharpe Ratio is 0.71, which is higher than the CPNG Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of ETSY and CPNG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ETSY vs. CPNG - Drawdown Comparison

The maximum ETSY drawdown since its inception was -86.26%, roughly equal to the maximum CPNG drawdown of -85.28%. Use the drawdown chart below to compare losses from any high point for ETSY and CPNG.

Drawdown Indicators

	ETSY	CPNG	Difference
Max Drawdown Largest peak-to-trough decline	-86.26%	-85.28%	-0.98%
Max Drawdown (1Y) Largest decline over 1 year	-41.70%	-54.91%	+13.21%
Max Drawdown (3Y) Largest decline over 3 years	-59.86%	-54.91%	-4.95%
Max Drawdown (5Y) Largest decline over 5 years	-86.26%	-79.01%	-7.25%
Max Drawdown (10Y) Largest decline over 10 years	-86.26%	—	—
Current Drawdown Current decline from peak	-74.78%	-72.43%	-2.35%
Average Drawdown Average peak-to-trough decline	-48.70%	-64.23%	+15.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.66%	31.69%	-11.03%

Volatility

ETSY vs. CPNG - Volatility Comparison

The current volatility for Etsy, Inc. (ETSY) is 9.29%, while Coupang, Inc. (CPNG) has a volatility of 21.94%. This indicates that ETSY experiences smaller price fluctuations and is considered to be less risky than CPNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETSY	CPNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.29%	21.94%	-12.65%
Volatility (6M) Calculated over the trailing 6-month period	36.13%	40.07%	-3.94%
Volatility (1Y) Calculated over the trailing 1-year period	55.29%	45.10%	+10.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.39%	52.68%	+2.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.21%	53.77%	+2.44%

Dividends

ETSY vs. CPNG - Dividend Comparison

Neither ETSY nor CPNG has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ETSY and CPNG in my portfolio?

ETSY and CPNG have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETSY or CPNG?

CPNG has higher volatility (21.94%) compared to ETSY (9.29%). In terms of maximum drawdown, ETSY dropped -86.26% vs CPNG's -85.28%.

Which has better risk-adjusted returns?

ETSY currently has the higher Sharpe Ratio (0.71 vs -0.85), 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.