OPEN vs. PAYO
OPEN (Opendoor Technologies Inc.) and PAYO (Payoneer Global Inc.) are both stocks. OPEN operates in Real Estate - Services (Real Estate), while PAYO operates in Software - Infrastructure (Technology). Over the past 3 years, OPEN returned 16.12%/yr vs 13.31%/yr for PAYO. At a 0.39 correlation, their price movements are largely independent.
Performance
OPEN vs. PAYO - Performance Comparison
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Returns By Period
In the year-to-date period, OPEN achieves a -23.84% return, which is significantly lower than PAYO's 20.11% return.
OPEN
- 1D
- -0.67%
- 1M
- -3.06%
- YTD
- -23.84%
- 6M
- -32.32%
- 1Y
- 662.89%
- 3Y*
- 16.12%
- 5Y*
- -23.23%
- 10Y*
- —
PAYO
- 1D
- 0.00%
- 1M
- 36.92%
- YTD
- 20.11%
- 6M
- 13.26%
- 1Y
- -2.17%
- 3Y*
- 13.31%
- 5Y*
- —
- 10Y*
- —
OPEN vs. PAYO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
OPEN Opendoor Technologies Inc. | -23.84% | 276.52% | -64.29% | 286.21% | -92.06% | -14.61% |
PAYO Payoneer Global Inc. | 20.11% | -44.02% | 92.71% | -4.75% | -25.58% | -34.08% |
Correlation
The correlation between OPEN and PAYO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2021 | 0.39 |
The correlation between OPEN and PAYO shifts across timeframes, from 0.27 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.
Fundamentals
OPEN:
$4.26B
PAYO:
$2.37B
OPEN:
-$1.74
PAYO:
$0.20
OPEN:
0.90
PAYO:
2.33
OPEN:
4.46
PAYO:
3.59
OPEN:
$3.94B
PAYO:
$1.07B
OPEN:
$312.00M
PAYO:
$660.73M
OPEN:
-$1.25B
PAYO:
$204.88M
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Return for Risk
OPEN vs. PAYO — Risk / Return Rank
OPEN
PAYO
OPEN vs. PAYO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Opendoor Technologies Inc. (OPEN) and Payoneer Global Inc. (PAYO). 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.
| OPEN | PAYO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.23 | ||
| Sortino ratioReturn per unit of downside risk | +4.00 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.04 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 11.54 | -0.05 | +11.60 |
| Martin ratioReturn relative to average drawdown | 17.65 | -0.09 | +17.74 |
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Drawdowns
OPEN vs. PAYO - Drawdown Comparison
The maximum OPEN drawdown since its inception was -98.57%, which is greater than PAYO's maximum drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for OPEN and PAYO.
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Drawdown Indicators
| OPEN | PAYO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.57% | -69.06% | -29.51% |
Max Drawdown (1Y)Largest decline over 1 year | -57.96% | -42.45% | -15.51% |
Max Drawdown (3Y)Largest decline over 3 years | -90.28% | -61.36% | -28.92% |
Max Drawdown (5Y)Largest decline over 5 years | -97.93% | — | — |
Current DrawdownCurrent decline from peak | -87.21% | -39.46% | -47.75% |
Average DrawdownAverage peak-to-trough decline | -74.58% | -43.06% | -31.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.86% | 23.76% | +14.10% |
Volatility
OPEN vs. PAYO - Volatility Comparison
The current volatility for Opendoor Technologies Inc. (OPEN) is 20.58%, while Payoneer Global Inc. (PAYO) has a volatility of 24.55%. This indicates that OPEN experiences smaller price fluctuations and is considered to be less risky than PAYO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPEN | PAYO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.58% | 24.55% | -3.97% |
Volatility (6M)Calculated over the trailing 6-month period | 52.03% | 43.67% | +8.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 159.72% | 53.15% | +106.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 113.46% | 56.64% | +56.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 110.28% | 56.64% | +53.64% |
Dividends
OPEN vs. PAYO - Dividend Comparison
Neither OPEN nor PAYO has paid dividends to shareholders.
Financials
OPEN vs. PAYO - Financials Comparison
This section allows you to compare key financial metrics between Opendoor Technologies Inc. and Payoneer Global 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
OPEN vs. PAYO - Profitability Comparison
OPEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Opendoor Technologies Inc. reported a gross profit of 72.00M and revenue of 720.00M. Therefore, the gross margin over that period was 10.0%.
PAYO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Payoneer Global Inc. reported a gross profit of 0.00 and revenue of 261.60M. Therefore, the gross margin over that period was 0.0%.
OPEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Opendoor Technologies Inc. reported an operating income of -159.00M and revenue of 720.00M, resulting in an operating margin of -22.1%.
PAYO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Payoneer Global Inc. reported an operating income of 30.02M and revenue of 261.60M, resulting in an operating margin of 11.5%.
OPEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Opendoor Technologies Inc. reported a net income of -173.00M and revenue of 720.00M, resulting in a net margin of -24.0%.
PAYO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Payoneer Global Inc. reported a net income of 19.57M and revenue of 261.60M, resulting in a net margin of 7.5%.
Frequently Asked Questions
OPEN and PAYO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAYO has higher volatility (24.55%) compared to OPEN (20.58%). In terms of maximum drawdown, OPEN dropped -98.57% vs PAYO's -69.06%.
OPEN currently has the higher Sharpe Ratio (4.19 vs -0.04), 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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