FLYW vs. STNE

Last updated Jun 4, 2026

FLYW (Flywire Corporation) and STNE (StoneCo Ltd.) are both stocks. Both are in the Technology sector — FLYW in Information Technology Services, STNE in Software - Application. Over the past 5 years, FLYW returned -14.44%/yr vs -27.46%/yr for STNE. At a 0.45 correlation, their price movements are largely independent.

Performance

FLYW vs. STNE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Flywire Corporation (FLYW) and StoneCo Ltd. (STNE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLYW achieves a 3.18% return, which is significantly higher than STNE's -12.92% return.

FLYW

• 1D: -3.50%
• 1M: 2.74%
• YTD: 3.18%
• 6M: 4.73%
• 1Y: 41.84%
• 3Y*: -22.45%
• 5Y*: -14.44%
• 10Y*: —

STNE

• 1D: -5.34%
• 1M: -1.85%
• YTD: -12.92%
• 6M: -18.17%
• 1Y: -9.04%
• 3Y*: -0.28%
• 5Y*: -27.46%
• 10Y*: —

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

FLYW vs. STNE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FLYW Flywire Corporation	3.18%	-31.33%	-10.93%	-5.39%	-35.71%	8.43%
STNE StoneCo Ltd.	-12.92%	85.57%	-55.80%	91.00%	-44.01%	-74.44%

Correlation

The correlation between FLYW and STNE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since May 27, 2021	0.45

Fundamentals

Market Cap FLYW : $1.87B STNE : $2.70B
EPS FLYW : $99.12 STNE : $12.96
PE Ratio FLYW : 0.15 STNE : 0.82
PEG Ratio FLYW : 0.00 STNE : 0.01
PS Ratio FLYW : 0.01 STNE : 0.24
PB Ratio FLYW : 0.00 STNE : 0.22
Total Revenue (TTM) FLYW : $188.60B STNE : $11.69B
Gross Profit (TTM) FLYW : $299.78M STNE : $8.11B
EBITDA (TTM) FLYW : $11.02B STNE : $3.75B

Return for Risk

FLYW vs. STNE — Risk / Return Rank

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

FLYW

FLYW Risk / Return Rank: 69
FLYW Sharpe Ratio Rank: 69
FLYW Sortino Ratio Rank: 68
FLYW Omega Ratio Rank: 66
FLYW Calmar Ratio Rank: 69
FLYW Martin Ratio Rank: 72

STNE

STNE Risk / Return Rank: 33
STNE Sharpe Ratio Rank: 33
STNE Sortino Ratio Rank: 32
STNE Omega Ratio Rank: 32
STNE Calmar Ratio Rank: 33
STNE Martin Ratio Rank: 32

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.

FLYW vs. STNE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Flywire Corporation (FLYW) and StoneCo Ltd. (STNE). 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.

	FLYW	STNE	Difference
Sharpe ratio Return per unit of total volatility	0.89	-0.18	+1.07
Sortino ratio Return per unit of downside risk	1.63	0.10	+1.53
Omega ratio Gain probability vs. loss probability	1.20	1.01	+0.19
Calmar ratio Return relative to maximum drawdown	1.49	-0.23	+1.72
Martin ratio Return relative to average drawdown	4.08	-0.47	+4.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLYW vs. STNE - Sharpe Ratio Comparison

The current FLYW Sharpe Ratio is 0.89, which is higher than the STNE Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of FLYW and STNE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLYW	STNE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	-0.18	+1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	-0.42	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	-0.16	-0.12

Drawdowns

FLYW vs. STNE - Drawdown Comparison

The maximum FLYW drawdown since its inception was -84.40%, smaller than the maximum STNE drawdown of -92.31%. Use the drawdown chart below to compare losses from any high point for FLYW and STNE.

Drawdown Indicators

	FLYW	STNE	Difference
Max Drawdown Largest peak-to-trough decline	-84.40%	-92.31%	+7.91%
Max Drawdown (1Y) Largest decline over 1 year	-28.16%	-40.22%	+12.06%
Max Drawdown (3Y) Largest decline over 3 years	-75.98%	-57.64%	-18.34%
Max Drawdown (5Y) Largest decline over 5 years	-84.40%	-89.72%	+5.32%
Current Drawdown Current decline from peak	-72.92%	-86.31%	+13.39%
Average Drawdown Average peak-to-trough decline	-56.01%	-61.10%	+5.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.28%	19.35%	-9.07%

Volatility

FLYW vs. STNE - Volatility Comparison

Flywire Corporation (FLYW) has a higher volatility of 23.87% compared to StoneCo Ltd. (STNE) at 15.62%. This indicates that FLYW's price experiences larger fluctuations and is considered to be riskier than STNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLYW	STNE	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.87%	15.62%	+8.25%
Volatility (6M) Calculated over the trailing 6-month period	36.65%	40.65%	-4.00%
Volatility (1Y) Calculated over the trailing 1-year period	47.28%	51.25%	-3.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.39%	64.89%	-7.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.39%	67.48%	-10.09%

Dividends

FLYW vs. STNE - Dividend Comparison

FLYW has not paid dividends to shareholders, while STNE's dividend yield for the trailing twelve months is around 23.78%.

Position	TTM
FLYW Flywire Corporation	0.00%
STNE StoneCo Ltd.	23.78%

Financials

Frequently Asked Questions

Can I hold both FLYW and STNE in my portfolio?

FLYW and STNE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLYW or STNE?

FLYW has higher volatility (23.87%) compared to STNE (15.62%). In terms of maximum drawdown, FLYW dropped -84.40% vs STNE's -92.31%.

Which has better risk-adjusted returns?

FLYW currently has the higher Sharpe Ratio (0.89 vs -0.18), 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.