MA vs. SHOP
MA (Mastercard Incorporated) and SHOP (Shopify Inc.) are both stocks. MA operates in Credit Services (Financial Services), while SHOP operates in Software - Application (Technology). Over the past 10 years, MA returned 18.40%/yr vs 44.31%/yr for SHOP. At a 0.42 correlation, their price movements are largely independent.
Performance
MA vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, MA achieves a -14.65% return, which is significantly higher than SHOP's -31.18% return. Over the past 10 years, MA has underperformed SHOP with an annualized return of 18.40%, while SHOP has yielded a comparatively higher 44.31% annualized return.
MA
- 1D
- -1.10%
- 1M
- -1.98%
- YTD
- -14.65%
- 6M
- -9.84%
- 1Y
- -17.21%
- 3Y*
- 10.21%
- 5Y*
- 6.59%
- 10Y*
- 18.40%
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%
MA vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | -14.65% | 9.04% | 24.17% | 23.40% | -2.66% | 1.16% | 20.19% | 59.16% | 25.31% | 47.69% |
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 MA and SHOP is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since May 22, 2015 | 0.42 |
Fundamentals
MA:
$433.70B
SHOP:
$144.39B
MA:
$17.28
SHOP:
$1.02
MA:
28.11
SHOP:
108.75
MA:
1.64
SHOP:
0.21
MA:
12.90
SHOP:
15.75
MA:
64.52
SHOP:
11.55
MA:
$33.94B
SHOP:
$9.20B
MA:
$26.70B
SHOP:
$5.93B
MA:
$21.23B
SHOP:
$1.60B
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Return for Risk
MA vs. SHOP — Risk / Return Rank
MA
SHOP
MA vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mastercard Incorporated (MA) 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.
| MA | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.05 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | -0.01 | -0.81 |
| Martin ratioReturn relative to average drawdown | -1.68 | -0.03 | -1.65 |
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
| MA | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.78 | -0.01 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | -0.03 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.75 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.69 | +0.14 |
Drawdowns
MA vs. SHOP - Drawdown Comparison
The maximum MA drawdown since its inception was -62.67%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for MA and SHOP.
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Drawdown Indicators
| MA | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.67% | -84.82% | +22.15% |
Max Drawdown (1Y)Largest decline over 1 year | -20.91% | -46.71% | +25.80% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -46.71% | +25.80% |
Max Drawdown (5Y)Largest decline over 5 years | -28.25% | -84.82% | +56.57% |
Max Drawdown (10Y)Largest decline over 10 years | -41.00% | -84.82% | +43.82% |
Current DrawdownCurrent decline from peak | -18.55% | -38.12% | +19.57% |
Average DrawdownAverage peak-to-trough decline | -9.82% | -28.22% | +18.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.26% | 21.74% | -11.48% |
Volatility
MA vs. SHOP - Volatility Comparison
The current volatility for Mastercard Incorporated (MA) is 6.33%, while Shopify Inc. (SHOP) has a volatility of 17.86%. This indicates that MA 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
| MA | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.33% | 17.86% | -11.53% |
Volatility (6M)Calculated over the trailing 6-month period | 17.37% | 43.67% | -26.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.28% | 57.27% | -34.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.99% | 65.57% | -41.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.93% | 59.09% | -32.16% |
Dividends
MA vs. SHOP - Dividend Comparison
MA's dividend yield for the trailing twelve months is around 0.67%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | 0.67% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
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
MA vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Mastercard Incorporated 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
MA and SHOP have a correlation of 0.37, 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 MA (6.33%). In terms of maximum drawdown, MA dropped -62.67% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.01 vs -0.78), 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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