GLBE vs. CHWY

Last updated Jun 3, 2026

GLBE (Global-e Online Ltd.) and CHWY (Chewy, Inc.) are both stocks. Both operate in the Internet Retail industry within the Consumer Cyclical sector. Over the past 5 years, GLBE returned -0.99%/yr vs -22.16%/yr for CHWY. At a 0.38 correlation, their price movements are largely independent.

Performance

GLBE vs. CHWY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global-e Online Ltd. (GLBE) and Chewy, Inc. (CHWY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLBE achieves a -15.29% return, which is significantly higher than CHWY's -35.04% return.

GLBE

• 1D: -1.33%
• 1M: 5.85%
• YTD: -15.29%
• 6M: -19.19%
• 1Y: 3.42%
• 3Y*: -1.39%
• 5Y*: -0.99%
• 10Y*: —

CHWY

• 1D: -3.64%
• 1M: -15.94%
• YTD: -35.04%
• 6M: -35.85%
• 1Y: -54.76%
• 3Y*: -15.44%
• 5Y*: -22.16%
• 10Y*: —

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

GLBE vs. CHWY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GLBE Global-e Online Ltd.	-15.29%	-27.91%	37.60%	92.01%	-67.44%	148.59%
CHWY Chewy, Inc.	-35.04%	-1.31%	41.73%	-36.27%	-37.12%	-13.28%

Correlation

The correlation between GLBE and CHWY is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since May 13, 2021	0.38

Over the past year, the correlation between GLBE and CHWY has dropped to 0.13 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Fundamentals

Market Cap GLBE : $5.79B CHWY : $9.11B
EPS GLBE : $0.67 CHWY : $0.00
PE Ratio GLBE : 49.73 CHWY : 41.05K
PEG Ratio GLBE : 0.01 CHWY : 146.18
PS Ratio GLBE : 5.65 CHWY : 0.98
PB Ratio GLBE : 6.36 CHWY : 18.29K
Total Revenue (TTM) GLBE : $1.02B CHWY : $9.34B
Gross Profit (TTM) GLBE : $467.05M CHWY : $2.80B
EBITDA (TTM) GLBE : $146.46M CHWY : $189.94M

Return for Risk

GLBE vs. CHWY — Risk / Return Rank

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

GLBE

GLBE Risk / Return Rank: 42
GLBE Sharpe Ratio Rank: 42
GLBE Sortino Ratio Rank: 40
GLBE Omega Ratio Rank: 39
GLBE Calmar Ratio Rank: 44
GLBE Martin Ratio Rank: 44

CHWY

CHWY Risk / Return Rank: 4
CHWY Sharpe Ratio Rank: 2
CHWY Sortino Ratio Rank: 2
CHWY Omega Ratio Rank: 3
CHWY Calmar Ratio Rank: 6
CHWY Martin Ratio Rank: 4

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.

GLBE vs. CHWY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global-e Online Ltd. (GLBE) and Chewy, Inc. (CHWY). 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.

	GLBE	CHWY	Difference
Sharpe ratio Return per unit of total volatility	0.07	-1.19	+1.26
Sortino ratio Return per unit of downside risk	0.45	-1.93	+2.38
Omega ratio Gain probability vs. loss probability	1.06	0.77	+0.28
Calmar ratio Return relative to maximum drawdown	0.13	-0.89	+1.02
Martin ratio Return relative to average drawdown	0.32	-1.53	+1.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLBE vs. CHWY - Sharpe Ratio Comparison

The current GLBE Sharpe Ratio is 0.07, which is higher than the CHWY Sharpe Ratio of -1.19. The chart below compares the historical Sharpe Ratios of GLBE and CHWY, 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

	GLBE	CHWY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	-1.19	+1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	-0.37	+0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	-0.11	+0.19

Drawdowns

GLBE vs. CHWY - Drawdown Comparison

The maximum GLBE drawdown since its inception was -79.10%, smaller than the maximum CHWY drawdown of -87.37%. Use the drawdown chart below to compare losses from any high point for GLBE and CHWY.

Drawdown Indicators

	GLBE	CHWY	Difference
Max Drawdown Largest peak-to-trough decline	-79.10%	-87.37%	+8.27%
Max Drawdown (1Y) Largest decline over 1 year	-33.78%	-59.22%	+25.44%
Max Drawdown (3Y) Largest decline over 3 years	-56.17%	-63.01%	+6.84%
Max Drawdown (5Y) Largest decline over 5 years	-79.10%	-84.34%	+5.24%
Current Drawdown Current decline from peak	-59.24%	-81.91%	+22.67%
Average Drawdown Average peak-to-trough decline	-52.28%	-54.07%	+1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.16%	34.45%	-20.29%

Volatility

GLBE vs. CHWY - Volatility Comparison

Global-e Online Ltd. (GLBE) has a higher volatility of 19.12% compared to Chewy, Inc. (CHWY) at 15.63%. This indicates that GLBE's price experiences larger fluctuations and is considered to be riskier than CHWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLBE	CHWY	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.12%	15.63%	+3.49%
Volatility (6M) Calculated over the trailing 6-month period	36.34%	34.27%	+2.07%
Volatility (1Y) Calculated over the trailing 1-year period	46.37%	46.53%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.37%	60.59%	+7.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.26%	61.23%	+7.03%

Dividends

GLBE vs. CHWY - Dividend Comparison

Neither GLBE nor CHWY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both GLBE and CHWY in my portfolio?

GLBE and CHWY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLBE or CHWY?

GLBE has higher volatility (19.12%) compared to CHWY (15.63%). In terms of maximum drawdown, GLBE dropped -79.10% vs CHWY's -87.37%.

Which has better risk-adjusted returns?

GLBE currently has the higher Sharpe Ratio (0.07 vs -1.19), 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.