HNST vs. SHOP
Compare and contrast key facts about The Honest Company, Inc. (HNST) and Shopify Inc. (SHOP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNST or SHOP.
Correlation
The correlation between HNST and SHOP is 0.41, 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
HNST vs. SHOP - Performance Comparison
Key characteristics
HNST:
0.63
SHOP:
0.36
HNST:
1.41
SHOP:
0.94
HNST:
1.16
SHOP:
1.13
HNST:
0.47
SHOP:
0.32
HNST:
1.82
SHOP:
1.41
HNST:
23.11%
SHOP:
15.38%
HNST:
66.77%
SHOP:
61.17%
HNST:
-95.22%
SHOP:
-84.82%
HNST:
-80.91%
SHOP:
-50.52%
Fundamentals
HNST:
$478.11M
SHOP:
$108.38B
HNST:
-$0.06
SHOP:
$1.55
HNST:
1.26
SHOP:
12.21
HNST:
2.74
SHOP:
9.37
HNST:
$292.12M
SHOP:
$7.02B
HNST:
$112.77M
SHOP:
$3.52B
HNST:
-$4.31M
SHOP:
$1.02B
Returns By Period
In the year-to-date period, HNST achieves a -36.65% return, which is significantly lower than SHOP's -21.33% return.
HNST
-36.65%
-12.55%
15.83%
44.88%
N/A
N/A
SHOP
-21.33%
-17.87%
1.17%
20.07%
5.86%
N/A
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Risk-Adjusted Performance
HNST vs. SHOP — Risk-Adjusted Performance Rank
HNST
SHOP
HNST vs. SHOP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Honest Company, Inc. (HNST) 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
HNST vs. SHOP - Dividend Comparison
Neither HNST nor SHOP has paid dividends to shareholders.
Drawdowns
HNST vs. SHOP - Drawdown Comparison
The maximum HNST drawdown since its inception was -95.22%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for HNST and SHOP. For additional features, visit the drawdowns tool.
Volatility
HNST vs. SHOP - Volatility Comparison
The current volatility for The Honest Company, Inc. (HNST) is 20.61%, while Shopify Inc. (SHOP) has a volatility of 30.85%. This indicates that HNST 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
HNST vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between The Honest Company, Inc. 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