KXS.TO vs. SHOP
KXS.TO (Kinaxis Inc.) and SHOP (Shopify Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 10 years, KXS.TO returned 11.19%/yr vs 44.83%/yr for SHOP. At a 0.40 correlation, their price movements are largely independent.
Performance
KXS.TO vs. SHOP - Performance Comparison
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Different Trading Currencies
KXS.TO is traded in CAD, while SHOP is traded in USD. To make them comparable, the SHOP values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, KXS.TO achieves a -10.60% return, which is significantly higher than SHOP's -20.84% return. Over the past 10 years, KXS.TO has underperformed SHOP with an annualized return of 11.19%, while SHOP has yielded a comparatively higher 44.83% annualized return.
KXS.TO
- 1D
- 0.13%
- 1M
- 5.65%
- 6M
- -4.46%
- YTD
- -10.60%
- 1Y
- -23.11%
- 3Y*
- -6.05%
- 5Y*
- -1.13%
- 10Y*
- 11.19%
- ALL TIME*
- 22.70%
SHOP
- 1D
- 0.62%
- 1M
- 13.70%
- 6M
- -19.36%
- YTD
- -20.84%
- 1Y
- -0.02%
- 3Y*
- 26.41%
- 5Y*
- -2.58%
- 10Y*
- 44.83%
- ALL TIME*
- 42.23%
KXS.TO vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KXS.TO Kinaxis Inc. | -10.60% | -0.03% | 16.43% | -2.11% | -14.33% | -1.67% | 80.30% | 51.78% | -14.18% | 22.86% |
SHOP Shopify Inc. | -20.84% | 44.48% | 48.05% | 119.09% | -73.20% | 21.62% | 177.95% | 175.33% | 48.60% | 119.64% |
Correlation
The correlation between KXS.TO and SHOP is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.40 |
Fundamentals
KXS.TO:
CA$4.23B
SHOP:
$161.53B
KXS.TO:
$2.93
SHOP:
$1.02
KXS.TO:
37.71
SHOP:
122.15
KXS.TO:
0.00
SHOP:
0.23
KXS.TO:
5.46
SHOP:
17.69
KXS.TO:
7.97
SHOP:
12.98
KXS.TO:
$578.63M
SHOP:
$9.20B
KXS.TO:
$363.09M
SHOP:
$5.93B
KXS.TO:
$133.29M
SHOP:
$1.60B
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Return for Risk
KXS.TO vs. SHOP — Risk / Return Rank
KXS.TO
SHOP
KXS.TO vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinaxis Inc. (KXS.TO) 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.
| KXS.TO | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.05 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | -0.00 | -0.54 |
| Martin ratioReturn relative to average drawdown | -0.95 | -0.00 | -0.95 |
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Drawdowns
KXS.TO vs. SHOP - Drawdown Comparison
The maximum KXS.TO drawdown since its inception was -48.17%, smaller than the maximum SHOP drawdown of -83.40%. Use the drawdown chart below to compare losses from any high point for KXS.TO and SHOP.
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Drawdown Indicators
| KXS.TO | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.17% | -83.40% | +35.23% |
Max Drawdown (1Y)Largest decline over 1 year | -43.04% | -47.81% | +4.77% |
Max Drawdown (3Y)Largest decline over 3 years | -43.04% | -47.81% | +4.77% |
Max Drawdown (5Y)Largest decline over 5 years | -48.17% | -83.40% | +35.23% |
Max Drawdown (10Y)Largest decline over 10 years | -48.17% | -83.40% | +35.23% |
Current DrawdownCurrent decline from peak | -32.46% | -30.30% | -2.16% |
Average DrawdownAverage peak-to-trough decline | -18.36% | -27.13% | +8.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.39% | 25.25% | -0.86% |
Volatility
KXS.TO vs. SHOP - Volatility Comparison
The current volatility for Kinaxis Inc. (KXS.TO) is 8.68%, while Shopify Inc. (SHOP) has a volatility of 11.76%. This indicates that KXS.TO 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
| KXS.TO | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.68% | 11.76% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 31.16% | 43.86% | -12.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.50% | 57.04% | -21.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.74% | 65.60% | -30.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.39% | 59.30% | -22.91% |
Dividends
KXS.TO vs. SHOP - Dividend Comparison
Neither KXS.TO nor SHOP has paid dividends to shareholders.
Financials
KXS.TO vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Kinaxis 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
KXS.TO and SHOP have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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