GLBE vs. SHOP
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.
Correlation
The correlation between GLBE and SHOP is 0.63, 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.
Performance
GLBE vs. SHOP - Performance Comparison
Key characteristics
GLBE:
0.95
SHOP:
0.84
GLBE:
1.48
SHOP:
1.46
GLBE:
1.20
SHOP:
1.21
GLBE:
0.63
SHOP:
0.64
GLBE:
2.54
SHOP:
2.23
GLBE:
16.32%
SHOP:
19.95%
GLBE:
43.71%
SHOP:
52.92%
GLBE:
-79.10%
SHOP:
-84.82%
GLBE:
-32.94%
SHOP:
-35.56%
Fundamentals
GLBE:
$9.49B
SHOP:
$141.30B
GLBE:
-$0.59
SHOP:
$0.99
GLBE:
$657.86M
SHOP:
$8.21B
GLBE:
$293.79M
SHOP:
$4.18B
GLBE:
-$74.40M
SHOP:
$1.22B
Returns By Period
The year-to-date returns for both investments are quite close, with GLBE having a 38.23% return and SHOP slightly higher at 39.86%.
GLBE
38.23%
14.46%
75.52%
35.66%
N/A
N/A
SHOP
39.86%
2.32%
67.54%
41.81%
22.92%
N/A
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Risk-Adjusted Performance
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.
Dividends
GLBE vs. SHOP - Dividend Comparison
Neither GLBE nor SHOP has paid dividends to shareholders.
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. For additional features, visit the drawdowns tool.
Volatility
GLBE vs. SHOP - Volatility Comparison
The current volatility for Global-e Online Ltd. (GLBE) is 8.98%, while Shopify Inc. (SHOP) has a volatility of 13.20%. This indicates that GLBE 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.
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.
Total Revenue: Total amount of money received from sales and other business activities