MDB vs. SHOP
MDB (MongoDB, Inc.) and SHOP (Shopify Inc.) are both stocks. Both are in the Technology sector — MDB in Software - Infrastructure, SHOP in Software - Application. Over the past 5 years, MDB returned 1.31%/yr vs -1.84%/yr for SHOP. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
MDB vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, MDB achieves a -16.00% return, which is significantly higher than SHOP's -31.18% return.
MDB
- 1D
- 0.52%
- 1M
- 17.73%
- YTD
- -16.00%
- 6M
- -15.80%
- 1Y
- 60.15%
- 3Y*
- -1.99%
- 5Y*
- 1.31%
- 10Y*
- —
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%
MDB vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDB MongoDB, Inc. | -16.00% | 80.27% | -43.06% | 107.71% | -62.81% | 47.43% | 172.81% | 57.17% | 182.14% | -7.45% |
SHOP Shopify Inc. | -31.18% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 2.80% |
Correlation
The correlation between MDB and SHOP is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2017 | 0.58 |
The correlation between MDB and SHOP shifts across timeframes, from 0.46 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MDB:
$28.76B
SHOP:
$144.39B
MDB:
-$0.35
SHOP:
$1.02
MDB:
11.19
SHOP:
15.75
MDB:
9.80
SHOP:
11.55
MDB:
$2.60B
SHOP:
$9.20B
MDB:
$1.87B
SHOP:
$5.93B
MDB:
-$19.89M
SHOP:
$1.60B
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Return for Risk
MDB vs. SHOP — Risk / Return Rank
MDB
SHOP
MDB vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MongoDB, Inc. (MDB) 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.
| MDB | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.05 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | -0.01 | +1.25 |
| Martin ratioReturn relative to average drawdown | 2.85 | -0.03 | +2.88 |
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
| MDB | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | -0.01 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | -0.03 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.69 | -0.20 |
Drawdowns
MDB vs. SHOP - Drawdown Comparison
The maximum MDB drawdown since its inception was -76.52%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for MDB and SHOP.
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Drawdown Indicators
| MDB | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.52% | -84.82% | +8.30% |
Max Drawdown (1Y)Largest decline over 1 year | -48.72% | -46.71% | -2.01% |
Max Drawdown (3Y)Largest decline over 3 years | -70.88% | -46.71% | -24.17% |
Max Drawdown (5Y)Largest decline over 5 years | -76.52% | -84.82% | +8.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -39.74% | -38.12% | -1.62% |
Average DrawdownAverage peak-to-trough decline | -30.74% | -28.22% | -2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.18% | 21.74% | -0.56% |
Volatility
MDB vs. SHOP - Volatility Comparison
MongoDB, Inc. (MDB) has a higher volatility of 27.63% compared to Shopify Inc. (SHOP) at 17.86%. This indicates that MDB'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.
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Volatility by Period
| MDB | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.63% | 17.86% | +9.77% |
Volatility (6M)Calculated over the trailing 6-month period | 52.17% | 43.67% | +8.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.93% | 57.27% | +15.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.24% | 65.57% | +4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.01% | 59.09% | +6.92% |
Dividends
MDB vs. SHOP - Dividend Comparison
Neither MDB nor SHOP has paid dividends to shareholders.
Financials
MDB vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between MongoDB, 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
MDB and SHOP have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDB has higher volatility (27.63%) compared to SHOP (17.86%). In terms of maximum drawdown, MDB dropped -76.52% vs SHOP's -84.82%.
MDB currently has the higher Sharpe Ratio (0.83 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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