IDCC vs. SHOP
IDCC (InterDigital, Inc.) and SHOP (Shopify Inc.) are both stocks. IDCC operates in Telecom Services (Communication Services), while SHOP operates in Software - Application (Technology). Over the past 10 years, IDCC returned 19.88%/yr vs 42.67%/yr for SHOP. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
IDCC vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, IDCC achieves a -3.59% return, which is significantly higher than SHOP's -27.22% return. Over the past 10 years, IDCC has underperformed SHOP with an annualized return of 19.88%, while SHOP has yielded a comparatively higher 42.67% annualized return.
IDCC
- 1D
- 0.49%
- 1M
- 8.60%
- 6M
- -6.18%
- YTD
- -3.59%
- 1Y
- 21.68%
- 3Y*
- 50.69%
- 5Y*
- 38.04%
- 10Y*
- 19.88%
- ALL TIME*
- 12.24%
SHOP
- 1D
- -4.29%
- 1M
- -1.93%
- 6M
- -10.73%
- YTD
- -27.22%
- 1Y
- -1.22%
- 3Y*
- 20.20%
- 5Y*
- -4.82%
- 10Y*
- 42.67%
- ALL TIME*
- 39.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $77.97M | $73.83M | $99.53M | |
SHOP Shopify Inc. | $1.12B | $980.06M | $1.18B |
IDCC vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | -3.59% | 66.05% | 81.06% | 123.67% | -29.25% | 20.49% | 14.28% | -16.11% | -11.23% | -15.34% |
SHOP Shopify Inc. | -27.22% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between IDCC and SHOP is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.32 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.31 |
The correlation between IDCC and SHOP shifts across timeframes, from 0.22 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IDCC:
$7.88B
SHOP:
$152.02B
IDCC:
$8.62
SHOP:
$1.02
IDCC:
35.36
SHOP:
114.96
IDCC:
0.44
SHOP:
0.22
IDCC:
13.55
SHOP:
16.65
IDCC:
8.69
SHOP:
12.21
IDCC:
$788.50M
SHOP:
$9.20B
IDCC:
$674.42M
SHOP:
$5.93B
IDCC:
$433.16M
SHOP:
$1.60B
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Return for Risk
IDCC vs. SHOP — Risk / Return Rank
IDCC
SHOP
IDCC vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for InterDigital, Inc. (IDCC) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IDCC | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.04 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | -0.09 | +0.62 |
| Martin ratioReturn relative to average drawdown | 1.02 | -0.16 | +1.19 |
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Drawdowns
IDCC vs. SHOP - Drawdown Comparison
The maximum IDCC drawdown since its inception was -93.83%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for IDCC and SHOP.
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Drawdown Indicators
| IDCC | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.83% | -84.82% | -9.01% |
Max Drawdown (1Y)Largest decline over 1 year | -36.48% | -46.71% | +10.23% |
Max Drawdown (3Y)Largest decline over 3 years | -36.48% | -46.71% | +10.23% |
Max Drawdown (5Y)Largest decline over 5 years | -44.99% | -84.82% | +39.83% |
Max Drawdown (10Y)Largest decline over 10 years | -64.94% | -84.82% | +19.88% |
Current DrawdownCurrent decline from peak | -22.59% | -34.56% | +11.97% |
Average DrawdownAverage peak-to-trough decline | -45.22% | -28.29% | -16.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.74% | 25.40% | -6.66% |
Volatility
IDCC vs. SHOP - Volatility Comparison
InterDigital, Inc. (IDCC) and Shopify Inc. (SHOP) have volatilities of 16.62% and 16.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDCC | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.62% | 16.38% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 38.73% | 45.57% | -6.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.19% | 58.84% | -9.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.62% | 65.90% | -29.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.98% | 59.22% | -23.24% |
Dividends
IDCC vs. SHOP - Dividend Comparison
IDCC's dividend yield for the trailing twelve months is around 0.92%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | 0.92% | 0.74% | 0.85% | 1.34% | 2.83% | 1.95% | 2.31% | 2.57% | 2.11% | 1.64% | 0.99% | 1.63% |
SHOP Shopify Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IDCC vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between InterDigital, 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
Frequently Asked Questions
IDCC and SHOP have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDCC has higher volatility (16.62%) compared to SHOP (16.38%). In terms of maximum drawdown, IDCC dropped -93.83% vs SHOP's -84.82%.
IDCC currently has the higher Sharpe Ratio (0.39 vs -0.07), 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.
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