PAGS vs. IBKR

Last updated Jun 23, 2026

PAGS (PagSeguro Digital Ltd.) and IBKR (Interactive Brokers Group, Inc.) are both stocks. PAGS operates in Software - Infrastructure (Technology), while IBKR operates in Capital Markets (Financial Services). Over the past 5 years, PAGS returned -29.64%/yr vs 43.64%/yr for IBKR. At a 0.33 correlation, their price movements are largely independent.

Performance

PAGS vs. IBKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PagSeguro Digital Ltd. (PAGS) and Interactive Brokers Group, Inc. (IBKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAGS achieves a -5.46% return, which is significantly lower than IBKR's 50.87% return.

PAGS

• 1D: -0.11%
• 1M: -3.61%
• YTD: -5.46%
• 6M: -5.85%
• 1Y: 4.04%
• 3Y*: -1.91%
• 5Y*: -29.64%
• 10Y*: —

IBKR

• 1D: 0.85%
• 1M: 19.14%
• YTD: 50.87%
• 6M: 47.46%
• 1Y: 89.45%
• 3Y*: 70.06%
• 5Y*: 43.64%
• 10Y*: 27.83%

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

PAGS vs. IBKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PAGS PagSeguro Digital Ltd.	-5.46%	60.75%	-49.80%	42.68%	-66.67%	-53.90%	66.51%	82.38%	-33.58%
IBKR Interactive Brokers Group, Inc.	50.87%	46.37%	114.43%	15.14%	-8.35%	31.12%	31.71%	-14.01%	-15.53%

Correlation

The correlation between PAGS and IBKR is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jan 24, 2018	0.33

The correlation between PAGS and IBKR shifts across timeframes, from 0.25 (3 years) to 0.37 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PAGS : $2.49B IBKR : $43.41B
EPS PAGS : R$7.31 IBKR : $3.76
PE Ratio PAGS : 6.21 IBKR : 25.78
PEG Ratio PAGS : 0.32 IBKR : 0.88
PS Ratio PAGS : 0.67 IBKR : 4.97
PB Ratio PAGS : 0.89 IBKR : 2.04
Total Revenue (TTM) PAGS : R$19.80B IBKR : $8.69B
Gross Profit (TTM) PAGS : R$10.13B IBKR : $7.75B
EBITDA (TTM) PAGS : R$9.32B IBKR : $7.07B

Return for Risk

PAGS vs. IBKR — Risk / Return Rank

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

PAGS

PAGS Risk / Return Rank: 44
PAGS Sharpe Ratio Rank: 46
PAGS Sortino Ratio Rank: 42
PAGS Omega Ratio Rank: 41
PAGS Calmar Ratio Rank: 46
PAGS Martin Ratio Rank: 45

IBKR

IBKR Risk / Return Rank: 90
IBKR Sharpe Ratio Rank: 92
IBKR Sortino Ratio Rank: 89
IBKR Omega Ratio Rank: 87
IBKR Calmar Ratio Rank: 92
IBKR Martin Ratio Rank: 91

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.

PAGS vs. IBKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PagSeguro Digital Ltd. (PAGS) and Interactive Brokers Group, Inc. (IBKR). 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.

	PAGS	IBKR	Difference
Sharpe ratio: Return per unit of total volatility	0.09	2.40	-2.31
Sortino ratio: Return per unit of downside risk	0.45	2.94	-2.49
Omega ratio: Gain probability vs. loss probability	1.05	1.37	-0.31
Calmar ratio: Return relative to maximum drawdown	0.15	4.81	-4.66
Martin ratio: Return relative to average drawdown	0.30	12.23	-11.93

PAGS vs. IBKR - Sharpe Ratio Comparison

The current PAGS Sharpe Ratio is 0.09, which is lower than the IBKR Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of PAGS and IBKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PAGS vs. IBKR - Drawdown Comparison

The maximum PAGS drawdown since its inception was -90.00%, which is greater than IBKR's maximum drawdown of -63.66%. Use the drawdown chart below to compare losses from any high point for PAGS and IBKR.

Drawdown Indicators

	PAGS	IBKR	Difference
Max Drawdown Largest peak-to-trough decline	-90.00%	-63.66%	-26.34%
Max Drawdown (1Y) Largest decline over 1 year	-27.21%	-18.70%	-8.51%
Max Drawdown (3Y) Largest decline over 3 years	-57.60%	-38.66%	-18.94%
Max Drawdown (5Y) Largest decline over 5 years	-89.84%	-38.66%	-51.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-55.09%	—
Current Drawdown Current decline from peak	-84.64%	0.00%	-84.64%
Average Drawdown Average peak-to-trough decline	-55.54%	-24.82%	-30.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.47%	7.34%	+6.13%

Volatility

PAGS vs. IBKR - Volatility Comparison

The current volatility for PagSeguro Digital Ltd. (PAGS) is 9.17%, while Interactive Brokers Group, Inc. (IBKR) has a volatility of 10.14%. This indicates that PAGS experiences smaller price fluctuations and is considered to be less risky than IBKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAGS	IBKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.17%	10.14%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	33.32%	27.61%	+5.71%
Volatility (1Y) Calculated over the trailing 1-year period	46.93%	37.54%	+9.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.41%	34.51%	+26.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.01%	33.37%	+27.64%

Dividends

PAGS vs. IBKR - Dividend Comparison

PAGS's dividend yield for the trailing twelve months is around 7.04%, more than IBKR's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBKR Interactive Brokers Group, Inc.	0.34%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%
PAGS PagSeguro Digital Ltd.	7.04%	3.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both PAGS and IBKR in my portfolio?

PAGS and IBKR have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAGS or IBKR?

IBKR has higher volatility (10.14%) compared to PAGS (9.17%). In terms of maximum drawdown, PAGS dropped -90.00% vs IBKR's -63.66%.

Which has better risk-adjusted returns?

IBKR currently has the higher Sharpe Ratio (2.40 vs 0.09), 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.