JNJ vs. SHOP
JNJ (Johnson & Johnson) and SHOP (Shopify Inc.) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while SHOP operates in Software - Application (Technology). Over the past 10 years, JNJ returned 10.06%/yr vs 44.31%/yr for SHOP. At a 0.06 correlation, their price movements are largely independent.
Performance
JNJ vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 13.43% return, which is significantly higher than SHOP's -31.18% return. Over the past 10 years, JNJ has underperformed SHOP with an annualized return of 10.06%, while SHOP has yielded a comparatively higher 44.31% annualized return.
JNJ
- 1D
- -0.26%
- 1M
- 5.50%
- YTD
- 13.43%
- 6M
- 16.43%
- 1Y
- 53.49%
- 3Y*
- 16.56%
- 5Y*
- 10.04%
- 10Y*
- 10.06%
SHOP
- 1D
- 1.13%
- 1M
- 0.34%
- YTD
- -31.18%
- 6M
- -30.07%
- 1Y
- -0.57%
- 3Y*
- 21.77%
- 5Y*
- -1.84%
- 10Y*
- 44.31%
JNJ vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 13.43% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
SHOP Shopify Inc. | -31.18% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between JNJ and SHOP is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
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 | 0.06 |
The correlation between JNJ and SHOP shifts across timeframes, from -0.19 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
Fundamentals
JNJ:
$567.68B
SHOP:
$144.39B
JNJ:
$8.65
SHOP:
$1.02
JNJ:
26.85
SHOP:
108.75
JNJ:
0.89
SHOP:
0.21
JNJ:
5.86
SHOP:
15.75
JNJ:
6.99
SHOP:
11.55
JNJ:
$96.36B
SHOP:
$9.20B
JNJ:
$66.60B
SHOP:
$5.93B
JNJ:
$31.62B
SHOP:
$1.60B
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Return for Risk
JNJ vs. SHOP — Risk / Return Rank
JNJ
SHOP
JNJ vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) 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.
| JNJ | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.20 | ||
| Sortino ratioReturn per unit of downside risk | +4.25 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.05 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 4.91 | -0.01 | +4.92 |
| Martin ratioReturn relative to average drawdown | 14.52 | -0.03 | +14.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JNJ | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.19 | -0.01 | +3.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | -0.03 | +0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.75 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.69 | -0.15 |
Drawdowns
JNJ vs. SHOP - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for JNJ and SHOP.
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Drawdown Indicators
| JNJ | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -84.82% | +34.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -46.71% | +35.75% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -46.71% | +30.76% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -84.82% | +66.41% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -84.82% | +57.45% |
Current DrawdownCurrent decline from peak | -6.06% | -38.12% | +32.06% |
Average DrawdownAverage peak-to-trough decline | -11.88% | -28.22% | +16.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.70% | 21.74% | -18.04% |
Volatility
JNJ vs. SHOP - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 5.80%, while Shopify Inc. (SHOP) has a volatility of 17.86%. This indicates that JNJ 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.
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Volatility by Period
| JNJ | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 17.86% | -12.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.41% | 43.67% | -31.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.87% | 57.27% | -40.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 65.57% | -48.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.47% | 59.09% | -40.62% |
Dividends
JNJ vs. SHOP - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.26%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.26% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
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
JNJ vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson 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
JNJ and SHOP have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (17.86%) compared to JNJ (5.80%). In terms of maximum drawdown, JNJ dropped -50.67% vs SHOP's -84.82%.
JNJ currently has the higher Sharpe Ratio (3.19 vs -0.01), 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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