EXE vs. SHOP
EXE (Expand Energy Corp) and SHOP (Shopify Inc.) are both stocks. EXE operates in Oil & Gas E&P (Energy), while SHOP operates in Software - Application (Technology). Over the past 5 years, EXE returned 14.81%/yr vs -2.79%/yr for SHOP. At a 0.15 correlation, their price movements are largely independent.
Performance
EXE vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, EXE achieves a -18.63% return, which is significantly higher than SHOP's -32.76% return.
EXE
- 1D
- 1.95%
- 1M
- -6.62%
- YTD
- -18.63%
- 6M
- -20.38%
- 1Y
- -20.29%
- 3Y*
- 6.27%
- 5Y*
- 14.81%
- 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%
EXE vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EXE Expand Energy Corp | -18.63% | 14.35% | 33.18% | -14.77% | 62.34% | 53.16% |
SHOP Shopify Inc. | -32.76% | 51.39% | 36.50% | 124.43% | -74.80% | -3.88% |
Correlation
The correlation between EXE and SHOP is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2021 | 0.15 |
The correlation between EXE and SHOP shifts across timeframes, from -0.04 (1 year) to 0.15 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EXE:
$21.37M
SHOP:
$141.08B
EXE:
$17.89
SHOP:
$1.02
EXE:
4.96
SHOP:
106.25
EXE:
1.14
SHOP:
15.39
EXE:
0.00
SHOP:
11.29
EXE:
$14.10B
SHOP:
$9.20B
EXE:
$8.89B
SHOP:
$5.93B
EXE:
$7.00B
SHOP:
$1.60B
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Return for Risk
EXE vs. SHOP — Risk / Return Rank
EXE
SHOP
EXE vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expand Energy Corp (EXE) 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.
| EXE | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.05 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.02 | -0.70 |
| Martin ratioReturn relative to average drawdown | -1.31 | -0.04 | -1.27 |
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Drawdowns
EXE vs. SHOP - Drawdown Comparison
The maximum EXE drawdown since its inception was -29.69%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for EXE and SHOP.
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Drawdown Indicators
| EXE | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.69% | -84.82% | +55.13% |
Max Drawdown (1Y)Largest decline over 1 year | -28.32% | -46.71% | +18.39% |
Max Drawdown (3Y)Largest decline over 3 years | -28.32% | -46.71% | +18.39% |
Max Drawdown (5Y)Largest decline over 5 years | -29.69% | -84.82% | +55.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -26.92% | -39.53% | +12.61% |
Average DrawdownAverage peak-to-trough decline | -10.98% | -28.23% | +17.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.50% | 22.27% | -6.77% |
Volatility
EXE vs. SHOP - Volatility Comparison
The current volatility for Expand Energy Corp (EXE) is 7.74%, while Shopify Inc. (SHOP) has a volatility of 15.38%. This indicates that EXE 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
| EXE | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.74% | 15.38% | -7.64% |
Volatility (6M)Calculated over the trailing 6-month period | 22.57% | 43.41% | -20.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.76% | 57.03% | -25.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.13% | 65.55% | -30.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.78% | 59.07% | -24.29% |
Dividends
EXE vs. SHOP - Dividend Comparison
EXE's dividend yield for the trailing twelve months is around 3.59%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
EXE Expand Energy Corp | 3.59% | 2.89% | 2.45% | 4.70% | 10.16% | 1.74% |
SHOP Shopify Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
EXE vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Expand Energy Corp 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
EXE and SHOP have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (15.38%) compared to EXE (7.74%). In terms of maximum drawdown, EXE dropped -29.69% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.02 vs -0.64), 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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