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GLBE vs. SHOP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GLBE and SHOP is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

GLBE vs. SHOP

Last updated Jun 1, 2025

Compare and contrast key facts about Global-e Online Ltd. (GLBE) and Shopify Inc. (SHOP).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLBE or SHOP.

Performance

GLBE vs. SHOP - Performance Comparison

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

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Key characteristics

Sharpe Ratio

GLBE:

0.00

SHOP:

1.39

Sortino Ratio

GLBE:

0.49

SHOP:

2.18

Omega Ratio

GLBE:

1.07

SHOP:

1.29

Calmar Ratio

GLBE:

0.07

SHOP:

1.22

Martin Ratio

GLBE:

0.18

SHOP:

5.89

Ulcer Index

GLBE:

22.93%

SHOP:

14.31%

Daily Std Dev

GLBE:

55.07%

SHOP:

60.46%

Max Drawdown

GLBE:

-79.10%

SHOP:

-84.82%

Current Drawdown

GLBE:

-60.99%

SHOP:

-36.58%

Fundamentals

Market Cap

GLBE:

$5.41B

SHOP:

$137.79B

EPS

GLBE:

-$0.37

SHOP:

$1.23

PS Ratio

GLBE:

6.79

SHOP:

14.69

PB Ratio

GLBE:

6.12

SHOP:

12.59

Total Revenue (TTM)

GLBE:

$796.77M

SHOP:

$9.38B

Gross Profit (TTM)

GLBE:

$360.23M

SHOP:

$4.68B

EBITDA (TTM)

GLBE:

$14.20M

SHOP:

$1.23B

Returns By Period

In the year-to-date period, GLBE achieves a -41.56% return, which is significantly lower than SHOP's 0.84% return.

GLBE

YTD

-41.56%

1M

-11.74%

6M

-39.04%

1Y

2.08%

3Y*

18.26%

5Y*

N/A

10Y*

N/A

SHOP

YTD

0.84%

1M

10.52%

6M

-7.25%

1Y

81.27%

3Y*

41.92%

5Y*

7.19%

10Y*

44.53%

*Annualized

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Global-e Online Ltd.

Shopify Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

GLBE vs. SHOP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLBE
The Risk-Adjusted Performance Rank of GLBE is 5252
Overall Rank
The Sharpe Ratio Rank of GLBE is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of GLBE is 5151
Sortino Ratio Rank
The Omega Ratio Rank of GLBE is 5252
Omega Ratio Rank
The Calmar Ratio Rank of GLBE is 5454
Calmar Ratio Rank
The Martin Ratio Rank of GLBE is 5353
Martin Ratio Rank
SHOP
The Risk-Adjusted Performance Rank of SHOP is 8787
Overall Rank
The Sharpe Ratio Rank of SHOP is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of SHOP is 8888
Sortino Ratio Rank
The Omega Ratio Rank of SHOP is 8686
Omega Ratio Rank
The Calmar Ratio Rank of SHOP is 8686
Calmar Ratio Rank
The Martin Ratio Rank of SHOP is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GLBE vs. SHOP - Risk-Adjusted Performance Comparison

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

The current GLBE Sharpe Ratio is 0.00, which is lower than the SHOP Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of GLBE and SHOP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

GLBE vs. SHOP - Dividend Comparison

Neither GLBE nor SHOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GLBE vs. SHOP - Drawdown Comparison

The maximum GLBE drawdown since its inception was -79.10%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for GLBE and SHOP.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

GLBE vs. SHOP - Volatility Comparison

Global-e Online Ltd. (GLBE) has a higher volatility of 24.79% compared to Shopify Inc. (SHOP) at 16.96%. This indicates that GLBE's price experiences larger fluctuations and is considered to be riskier than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Financials

GLBE vs. SHOP - Financials Comparison

This section allows you to compare key financial metrics between Global-e Online Ltd. 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.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

0.00500.00M1.00B1.50B2.00B2.50B3.00B20212022202320242025
189.88M
2.36B
(GLBE) Total Revenue
(SHOP) Total Revenue
Values in USD except per share items

GLBE vs. SHOP - Profitability Comparison

The chart below illustrates the profitability comparison between Global-e Online Ltd. and Shopify Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.
Gross Margin
Operating Margin
Net Margin
Quarterly
Annual
30.0%35.0%40.0%45.0%50.0%55.0%20212022202320242025
44.3%
49.5%
(GLBE) Gross Margin
(SHOP) Gross Margin
GLBE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Global-e Online Ltd. reported a gross profit of 84.08M and revenue of 189.88M. Therefore, the gross margin over that period was 44.3%.

SHOP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Shopify Inc. reported a gross profit of 1.17B and revenue of 2.36B. Therefore, the gross margin over that period was 49.5%.

GLBE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Global-e Online Ltd. reported an operating income of -19.19M and revenue of 189.88M, resulting in an operating margin of -10.1%.

SHOP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Shopify Inc. reported an operating income of 203.00M and revenue of 2.36B, resulting in an operating margin of 8.6%.

GLBE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Global-e Online Ltd. reported a net income of -17.86M and revenue of 189.88M, resulting in a net margin of -9.4%.

SHOP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Shopify Inc. reported a net income of -682.00M and revenue of 2.36B, resulting in a net margin of -28.9%.