OPEN vs. SPGI
OPEN (Opendoor Technologies Inc.) and SPGI (S&P Global Inc.) are both stocks. OPEN operates in Real Estate - Services (Real Estate), while SPGI operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, OPEN returned -23.23%/yr vs 2.16%/yr for SPGI. At a 0.33 correlation, their price movements are largely independent.
Performance
OPEN vs. SPGI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OPEN achieves a -23.84% return, which is significantly lower than SPGI's -19.47% return.
OPEN
- 1D
- -0.67%
- 1M
- -3.06%
- YTD
- -23.84%
- 6M
- -32.32%
- 1Y
- 662.89%
- 3Y*
- 16.12%
- 5Y*
- -23.23%
- 10Y*
- —
SPGI
- 1D
- 1.35%
- 1M
- 3.28%
- YTD
- -19.47%
- 6M
- -16.00%
- 1Y
- -16.50%
- 3Y*
- 3.19%
- 5Y*
- 2.16%
- 10Y*
- 15.70%
OPEN vs. SPGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
OPEN Opendoor Technologies Inc. | -23.84% | 276.52% | -64.29% | 286.21% | -92.06% | -35.72% | 107.58% |
SPGI S&P Global Inc. | -19.47% | 5.71% | 13.94% | 32.79% | -28.38% | 44.68% | 1.13% |
Correlation
The correlation between OPEN and SPGI is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2020 | 0.33 |
The correlation between OPEN and SPGI shifts across timeframes, from 0.13 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OPEN:
$4.26B
SPGI:
$124.67B
OPEN:
-$1.74
SPGI:
$15.79
OPEN:
0.90
SPGI:
8.06
OPEN:
4.46
SPGI:
3.98
OPEN:
$3.94B
SPGI:
$15.73B
OPEN:
$312.00M
SPGI:
$8.15B
OPEN:
-$1.25B
SPGI:
$7.83B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OPEN vs. SPGI — Risk / Return Rank
OPEN
SPGI
OPEN vs. SPGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Opendoor Technologies Inc. (OPEN) and S&P Global Inc. (SPGI). 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 | SPGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.79 | ||
| Sortino ratioReturn per unit of downside risk | +4.96 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 0.91 | +0.59 |
| Calmar ratioReturn relative to maximum drawdown | 11.54 | -0.54 | +12.09 |
| Martin ratioReturn relative to average drawdown | 17.65 | -1.03 | +18.68 |
Loading charts...
Drawdowns
OPEN vs. SPGI - Drawdown Comparison
The maximum OPEN drawdown since its inception was -98.57%, which is greater than SPGI's maximum drawdown of -74.67%. Use the drawdown chart below to compare losses from any high point for OPEN and SPGI.
Loading charts...
Drawdown Indicators
| OPEN | SPGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.57% | -74.67% | -23.90% |
Max Drawdown (1Y)Largest decline over 1 year | -57.96% | -30.48% | -27.48% |
Max Drawdown (3Y)Largest decline over 3 years | -90.28% | -30.48% | -59.80% |
Max Drawdown (5Y)Largest decline over 5 years | -97.93% | -39.76% | -58.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.76% | — |
Current DrawdownCurrent decline from peak | -87.21% | -25.12% | -62.09% |
Average DrawdownAverage peak-to-trough decline | -74.58% | -15.23% | -59.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.86% | 16.07% | +21.79% |
Volatility
OPEN vs. SPGI - Volatility Comparison
Opendoor Technologies Inc. (OPEN) has a higher volatility of 20.58% compared to S&P Global Inc. (SPGI) at 7.62%. This indicates that OPEN's price experiences larger fluctuations and is considered to be riskier than SPGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OPEN | SPGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.58% | 7.62% | +12.96% |
Volatility (6M)Calculated over the trailing 6-month period | 52.03% | 24.13% | +27.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 159.72% | 27.63% | +132.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 113.46% | 24.51% | +88.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 110.28% | 26.03% | +84.25% |
Dividends
OPEN vs. SPGI - Dividend Comparison
OPEN has not paid dividends to shareholders, while SPGI's dividend yield for the trailing twelve months is around 0.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPEN Opendoor Technologies 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% |
SPGI S&P Global Inc. | 0.92% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Financials
OPEN vs. SPGI - Financials Comparison
This section allows you to compare key financial metrics between Opendoor Technologies Inc. and S&P 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. SPGI - 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%.
SPGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. 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%.
SPGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.
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%.
SPGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.
Frequently Asked Questions
OPEN and SPGI have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPEN has higher volatility (20.58%) compared to SPGI (7.62%). In terms of maximum drawdown, OPEN dropped -98.57% vs SPGI's -74.67%.
OPEN currently has the higher Sharpe Ratio (4.19 vs -0.60), 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.
Find the right allocation for OPEN and SPGI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer