OLPX vs. FOUR

Last updated Jun 4, 2026

OLPX (Olaplex Holdings, Inc.) and FOUR (Shift4 Payments, Inc.) are both stocks. OLPX operates in Specialty Retail (Consumer Cyclical), while FOUR operates in Software - Infrastructure (Technology). Over the past 3 years, OLPX returned -16.36%/yr vs -15.09%/yr for FOUR. At a 0.33 correlation, their price movements are largely independent.

Performance

OLPX vs. FOUR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Olaplex Holdings, Inc. (OLPX) and Shift4 Payments, Inc. (FOUR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OLPX achieves a 51.49% return, which is significantly higher than FOUR's -36.13% return.

OLPX

• 1D: -0.98%
• 1M: -0.00%
• YTD: 51.49%
• 6M: 70.59%
• 1Y: 49.26%
• 3Y*: -16.36%
• 5Y*: —
• 10Y*: —

FOUR

• 1D: -7.09%
• 1M: -8.57%
• YTD: -36.13%
• 6M: -42.62%
• 1Y: -57.74%
• 3Y*: -15.09%
• 5Y*: -15.79%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OLPX vs. FOUR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OLPX Olaplex Holdings, Inc.	51.49%	-22.54%	-31.89%	-51.25%	-82.11%	18.90%
FOUR Shift4 Payments, Inc.	-36.13%	-39.32%	39.60%	32.92%	-3.45%	-25.27%

Correlation

The correlation between OLPX and FOUR is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.33

The correlation between OLPX and FOUR shifts across timeframes, from 0.21 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap OLPX : $1.36B FOUR : $2.96B
EPS OLPX : -$0.02 FOUR : $1.07
PS Ratio OLPX : 3.19 FOUR : 0.97
PB Ratio OLPX : 1.55 FOUR : 4.57
Total Revenue (TTM) OLPX : $425.35M FOUR : $3.33B
Gross Profit (TTM) OLPX : $276.19M FOUR : $1.17B
EBITDA (TTM) OLPX : $50.63M FOUR : $503.40M

Return for Risk

OLPX vs. FOUR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OLPX

OLPX Risk / Return Rank: 66
OLPX Sharpe Ratio Rank: 61
OLPX Sortino Ratio Rank: 69
OLPX Omega Ratio Rank: 69
OLPX Calmar Ratio Rank: 65
OLPX Martin Ratio Rank: 64

FOUR

FOUR Risk / Return Rank: 4
FOUR Sharpe Ratio Rank: 3
FOUR Sortino Ratio Rank: 4
FOUR Omega Ratio Rank: 4
FOUR Calmar Ratio Rank: 4
FOUR Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OLPX vs. FOUR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Olaplex Holdings, Inc. (OLPX) and Shift4 Payments, Inc. (FOUR). 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.

	OLPX	FOUR	Difference
Sharpe ratio Return per unit of total volatility	0.61	-1.08	+1.69
Sortino ratio Return per unit of downside risk	1.69	-1.76	+3.45
Omega ratio Gain probability vs. loss probability	1.22	0.78	+0.44
Calmar ratio Return relative to maximum drawdown	1.24	-0.93	+2.17
Martin ratio Return relative to average drawdown	2.68	-1.47	+4.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OLPX vs. FOUR - Sharpe Ratio Comparison

The current OLPX Sharpe Ratio is 0.61, which is higher than the FOUR Sharpe Ratio of -1.08. The chart below compares the historical Sharpe Ratios of OLPX and FOUR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OLPX	FOUR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	-1.08	+1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	0.05	-0.59

Drawdowns

OLPX vs. FOUR - Drawdown Comparison

The maximum OLPX drawdown since its inception was -96.57%, which is greater than FOUR's maximum drawdown of -69.95%. Use the drawdown chart below to compare losses from any high point for OLPX and FOUR.

Drawdown Indicators

	OLPX	FOUR	Difference
Max Drawdown Largest peak-to-trough decline	-96.57%	-69.95%	-26.62%
Max Drawdown (1Y) Largest decline over 1 year	-39.88%	-62.34%	+22.46%
Max Drawdown (3Y) Largest decline over 3 years	-76.12%	-67.99%	-8.13%
Max Drawdown (5Y) Largest decline over 5 years	—	-69.68%	—
Current Drawdown Current decline from peak	-93.10%	-67.99%	-25.11%
Average Drawdown Average peak-to-trough decline	-79.60%	-31.53%	-48.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.46%	39.22%	-20.76%

Volatility

OLPX vs. FOUR - Volatility Comparison

The current volatility for Olaplex Holdings, Inc. (OLPX) is 2.01%, while Shift4 Payments, Inc. (FOUR) has a volatility of 19.73%. This indicates that OLPX experiences smaller price fluctuations and is considered to be less risky than FOUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OLPX	FOUR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.01%	19.73%	-17.72%
Volatility (6M) Calculated over the trailing 6-month period	62.55%	45.74%	+16.81%
Volatility (1Y) Calculated over the trailing 1-year period	81.42%	53.60%	+27.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.39%	56.20%	+21.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.39%	57.44%	+19.95%

Dividends

OLPX vs. FOUR - Dividend Comparison

Neither OLPX nor FOUR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both OLPX and FOUR in my portfolio?

OLPX and FOUR have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OLPX or FOUR?

FOUR has higher volatility (19.73%) compared to OLPX (2.01%). In terms of maximum drawdown, OLPX dropped -96.57% vs FOUR's -69.95%.

Which has better risk-adjusted returns?

OLPX currently has the higher Sharpe Ratio (0.61 vs -1.08), 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.