ONLN vs. SHOP.TO
Compare and contrast key facts about ProShares Online Retail ETF (ONLN) and Shopify Inc. (SHOP.TO).
ONLN is a passively managed fund by ProShares that tracks the performance of the ProShares Online Retail Index. It was launched on Jul 13, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONLN or SHOP.TO.
Key characteristics
| ONLN | SHOP.TO | |
|---|---|---|
| YTD Return | 26.68% | 56.26% |
| 1Y Return | 45.84% | 79.57% |
| 3Y Return (Ann) | -13.86% | -8.40% |
| 5Y Return (Ann) | 5.97% | 31.49% |
| Sharpe Ratio | 2.26 | 1.71 |
| Sortino Ratio | 3.06 | 2.37 |
| Omega Ratio | 1.36 | 1.36 |
| Calmar Ratio | 0.77 | 1.34 |
| Martin Ratio | 11.83 | 4.63 |
| Ulcer Index | 4.30% | 18.87% |
| Daily Std Dev | 22.56% | 51.09% |
| Max Drawdown | -71.77% | -83.47% |
| Current Drawdown | -50.61% | -24.67% |
Correlation
The correlation between ONLN and SHOP.TO is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ONLN vs. SHOP.TO - Performance Comparison
In the year-to-date period, ONLN achieves a 26.68% return, which is significantly lower than SHOP.TO's 56.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ONLN vs. SHOP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Online Retail ETF (ONLN) and Shopify Inc. (SHOP.TO). 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.
Dividends
ONLN vs. SHOP.TO - Dividend Comparison
ONLN's dividend yield for the trailing twelve months is around 0.20%, while SHOP.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
ONLN ProShares Online Retail ETF | 0.20% | 0.00% | 0.00% | 0.00% | 1.24% |
SHOP.TO Shopify Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ONLN vs. SHOP.TO - Drawdown Comparison
The maximum ONLN drawdown since its inception was -71.77%, smaller than the maximum SHOP.TO drawdown of -83.47%. Use the drawdown chart below to compare losses from any high point for ONLN and SHOP.TO. For additional features, visit the drawdowns tool.
Volatility
ONLN vs. SHOP.TO - Volatility Comparison
The current volatility for ProShares Online Retail ETF (ONLN) is 5.17%, while Shopify Inc. (SHOP.TO) has a volatility of 20.71%. This indicates that ONLN experiences smaller price fluctuations and is considered to be less risky than SHOP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.