IDR vs. SHOP
IDR (Idaho Strategic Resources, Inc.) and SHOP (Shopify Inc.) are both stocks. IDR operates in Gold (Basic Materials), while SHOP operates in Software - Application (Technology). Over the past 10 years, IDR returned 33.74%/yr vs 43.76%/yr for SHOP. At a 0.04 correlation, their price movements are largely independent.
Performance
IDR vs. SHOP - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IDR having a -23.67% return and SHOP slightly lower at -23.87%. Over the past 10 years, IDR has underperformed SHOP with an annualized return of 33.74%, while SHOP has yielded a comparatively higher 43.76% annualized return.
IDR
- 1D
- -0.55%
- 1M
- -10.87%
- 6M
- -37.07%
- YTD
- -23.67%
- 1Y
- 83.53%
- 3Y*
- 75.61%
- 5Y*
- 44.40%
- 10Y*
- 33.74%
SHOP
- 1D
- -0.51%
- 1M
- 10.93%
- 6M
- -25.50%
- YTD
- -23.87%
- 1Y
- 9.30%
- 3Y*
- 24.73%
- 5Y*
- -3.90%
- 10Y*
- 43.76%
IDR vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDR Idaho Strategic Resources, Inc. | -23.67% | 295.49% | 60.95% | 11.07% | -23.39% | 102.06% | 93.38% | -15.00% | 5.26% | 26.67% |
SHOP Shopify Inc. | -23.87% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between IDR and SHOP is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.04 |
The correlation between IDR and SHOP shifts across timeframes, from 0.04 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IDR:
$486.31M
SHOP:
$159.01B
IDR:
$1.41
SHOP:
$1.02
IDR:
21.82
SHOP:
120.25
IDR:
0.03
SHOP:
0.23
IDR:
9.42
SHOP:
17.42
IDR:
4.21
SHOP:
12.78
IDR:
$49.61M
SHOP:
$9.20B
IDR:
$23.05M
SHOP:
$5.93B
IDR:
$24.61M
SHOP:
$1.60B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDR vs. SHOP — Risk / Return Rank
IDR
SHOP
IDR vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Idaho Strategic Resources, Inc. (IDR) 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.
| IDR | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.07 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 0.14 | +1.68 |
| Martin ratioReturn relative to average drawdown | 3.58 | 0.27 | +3.31 |
Loading charts...
Drawdowns
IDR vs. SHOP - Drawdown Comparison
The maximum IDR drawdown since its inception was -93.44%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for IDR and SHOP.
Loading charts...
Drawdown Indicators
| IDR | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.44% | -84.82% | -8.62% |
Max Drawdown (1Y)Largest decline over 1 year | -49.96% | -46.71% | -3.25% |
Max Drawdown (3Y)Largest decline over 3 years | -49.96% | -46.71% | -3.25% |
Max Drawdown (5Y)Largest decline over 5 years | -62.42% | -84.82% | +22.40% |
Max Drawdown (10Y)Largest decline over 10 years | -62.42% | -84.82% | +22.40% |
Current DrawdownCurrent decline from peak | -41.59% | -31.55% | -10.04% |
Average DrawdownAverage peak-to-trough decline | -47.21% | -28.27% | -18.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.27% | 24.21% | +1.06% |
Volatility
IDR vs. SHOP - Volatility Comparison
Idaho Strategic Resources, Inc. (IDR) has a higher volatility of 19.21% compared to Shopify Inc. (SHOP) at 13.46%. This indicates that IDR'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.
Loading charts...
Volatility by Period
| IDR | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.21% | 13.46% | +5.75% |
Volatility (6M)Calculated over the trailing 6-month period | 60.99% | 44.46% | +16.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.84% | 57.63% | +32.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.07% | 65.64% | +7.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.79% | 59.04% | +26.75% |
Dividends
IDR vs. SHOP - Dividend Comparison
Neither IDR nor SHOP has paid dividends to shareholders.
Financials
IDR vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Idaho Strategic Resources, 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
IDR and SHOP have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDR has higher volatility (19.21%) compared to SHOP (13.46%). In terms of maximum drawdown, IDR dropped -93.44% vs SHOP's -84.82%.
IDR currently has the higher Sharpe Ratio (1.04 vs 0.11), 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.
Find the right allocation for IDR and SHOP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer