GLBE vs. SHOP

Last updated Apr 1, 2026

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

GLBE vs. SHOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GLBE Global-e Online Ltd.	-21.52%	-27.91%	37.60%	92.01%	-67.44%	148.59%
SHOP Shopify Inc.	-26.31%	51.39%	36.50%	124.43%	-74.80%	27.08%

Fundamentals

EPS GLBE : $0.39 SHOP : $1.41
PE Ratio GLBE : 78.60 SHOP : 84.21
PEG Ratio GLBE : 0.01 SHOP : 0.16
PS Ratio GLBE : 5.58 SHOP : 13.15
Total Revenue (TTM) GLBE : $962.20M SHOP : $7.88B
Gross Profit (TTM) GLBE : $436.25M SHOP : $5.56B
EBITDA (TTM) GLBE : $129.67M SHOP : $1.61B

Returns By Period

In the year-to-date period, GLBE achieves a -21.52% return, which is significantly higher than SHOP's -26.31% return.

GLBE

• 1D: 7.72%
• 1M: -11.78%
• YTD: -21.52%
• 6M: -13.73%
• 1Y: -13.46%
• 3Y*: -1.45%
• 5Y*: —
• 10Y*: —

SHOP

• 1D: 6.13%
• 1M: -1.75%
• YTD: -26.31%
• 6M: -20.18%
• 1Y: 24.24%
• 3Y*: 35.25%
• 5Y*: 0.53%
• 10Y*: 45.21%

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

Return for Risk

GLBE vs. SHOP — Risk / Return Rank

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

GLBE

GLBE Risk / Return Rank: 30
GLBE Sharpe Ratio Rank: 31
GLBE Sortino Ratio Rank: 30
GLBE Omega Ratio Rank: 30
GLBE Calmar Ratio Rank: 29
GLBE Martin Ratio Rank: 29

SHOP

SHOP Risk / Return Rank: 57
SHOP Sharpe Ratio Rank: 57
SHOP Sortino Ratio Rank: 57
SHOP Omega Ratio Rank: 56
SHOP Calmar Ratio Rank: 56
SHOP Martin Ratio Rank: 58

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. SHOP - Risk-Adjusted Trends 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.

	GLBE	SHOP	Difference
Sharpe ratio Return per unit of total volatility	-0.24	0.40	-0.64
Sortino ratio Return per unit of downside risk	0.02	1.01	-0.99
Omega ratio Gain probability vs. loss probability	1.00	1.13	-0.13
Calmar ratio Return relative to maximum drawdown	-0.42	0.59	-1.01
Martin ratio Return relative to average drawdown	-0.77	1.44	-2.21
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. SHOP - Sharpe Ratio Comparison

The current GLBE Sharpe Ratio is -0.24, which is lower than the SHOP Sharpe Ratio of 0.40. 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.

Sharpe Ratios by Period

	GLBE	SHOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	0.40	-0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.72	-0.66

Correlation

The correlation between GLBE and SHOP is 0.61, 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.

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.

Drawdown Indicators

	GLBE	SHOP	Difference
Max Drawdown Largest peak-to-trough decline	-79.10%	-84.82%	+5.72%
Max Drawdown (1Y) Largest decline over 1 year	-32.44%	-38.18%	+5.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-84.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.82%	—
Current Drawdown Current decline from peak	-62.24%	-33.74%	-28.50%
Average Drawdown Average peak-to-trough decline	-51.93%	-28.09%	-23.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.64%	15.78%	+1.86%

Volatility

GLBE vs. SHOP - Volatility Comparison

The current volatility for Global-e Online Ltd. (GLBE) is 13.78%, while Shopify Inc. (SHOP) has a volatility of 15.49%. 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.

Volatility by Period

	GLBE	SHOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.78%	15.49%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	33.69%	38.93%	-5.24%
Volatility (1Y) Calculated over the trailing 1-year period	55.63%	60.86%	-5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.77%	65.06%	+3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.77%	58.59%	+10.18%

Financials