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PAGS vs. OPEN
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

PAGS vs. OPEN - Performance Comparison

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

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Returns By Period

In the year-to-date period, PAGS achieves a -3.85% return, which is significantly higher than OPEN's -23.84% return.


PAGS

1D
0.22%
1M
1.13%
YTD
-3.85%
6M
-9.66%
1Y
13.91%
3Y*
-2.35%
5Y*
-28.70%
10Y*

OPEN

1D
-0.67%
1M
1.37%
YTD
-23.84%
6M
-32.32%
1Y
697.91%
3Y*
16.12%
5Y*
-23.23%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

PAGS vs. OPEN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
PAGS
PagSeguro Digital Ltd.
-3.85%60.75%-49.80%42.68%-66.67%-53.90%53.90%
OPEN
Opendoor Technologies Inc.
-23.84%276.52%-64.29%286.21%-92.06%-35.72%107.58%

Correlation

The correlation between PAGS and OPEN is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.26

Correlation (3Y)
Calculated over the trailing 3-year period

0.33

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Jun 18, 2020

0.38

The correlation between PAGS and OPEN shifts across timeframes, from 0.26 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

PAGS:

$2.53B

OPEN:

$4.26B

EPS

PAGS:

R$7.31

OPEN:

-$1.74

PS Ratio

PAGS:

0.67

OPEN:

0.90

PB Ratio

PAGS:

0.90

OPEN:

4.46

Total Revenue (TTM)

PAGS:

R$19.80B

OPEN:

$3.94B

Gross Profit (TTM)

PAGS:

R$10.13B

OPEN:

$312.00M

EBITDA (TTM)

PAGS:

R$9.32B

OPEN:

-$1.25B

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Return for Risk

PAGS vs. OPEN — Risk / Return Rank

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

PAGS
PAGS Risk / Return Rank: 5151
Overall Rank
PAGS Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
PAGS Sortino Ratio Rank: 4848
Sortino Ratio Rank
PAGS Omega Ratio Rank: 4747
Omega Ratio Rank
PAGS Calmar Ratio Rank: 5353
Calmar Ratio Rank
PAGS Martin Ratio Rank: 5353
Martin Ratio Rank

OPEN
OPEN Risk / Return Rank: 9696
Overall Rank
OPEN Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
OPEN Sortino Ratio Rank: 9797
Sortino Ratio Rank
OPEN Omega Ratio Rank: 9494
Omega Ratio Rank
OPEN Calmar Ratio Rank: 9898
Calmar Ratio Rank
OPEN Martin Ratio Rank: 9595
Martin Ratio Rank
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. OPEN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PagSeguro Digital Ltd. (PAGS) and Opendoor Technologies Inc. (OPEN). 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.


PAGSOPENDifference
Sharpe ratioReturn per unit of total volatility

-3.95

Sortino ratioReturn per unit of downside risk

-3.64

Omega ratioGain probability vs. loss probability

1.08

1.50

-0.42

Calmar ratioReturn relative to maximum drawdown

0.43

11.54

-11.11

Martin ratioReturn relative to average drawdown

0.90

17.65

-16.75

PAGS vs. OPEN - Sharpe Ratio Comparison

The current PAGS Sharpe Ratio is 0.24, which is lower than the OPEN Sharpe Ratio of 4.19. The chart below compares the historical Sharpe Ratios of PAGS and OPEN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

PAGS vs. OPEN - Drawdown Comparison

The maximum PAGS drawdown since its inception was -90.00%, smaller than the maximum OPEN drawdown of -98.57%. Use the drawdown chart below to compare losses from any high point for PAGS and OPEN.


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Drawdown Indicators


PAGSOPENDifference

Max Drawdown

Largest peak-to-trough decline

-90.00%

-98.57%

+8.57%

Max Drawdown (1Y)

Largest decline over 1 year

-27.21%

-57.96%

+30.75%

Max Drawdown (3Y)

Largest decline over 3 years

-57.60%

-90.28%

+32.68%

Max Drawdown (5Y)

Largest decline over 5 years

-89.84%

-97.93%

+8.09%

Current Drawdown

Current decline from peak

-84.37%

-87.21%

+2.84%

Average Drawdown

Average peak-to-trough decline

-55.47%

-74.58%

+19.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.03%

37.86%

-24.83%

Volatility

PAGS vs. OPEN - Volatility Comparison

The current volatility for PagSeguro Digital Ltd. (PAGS) is 11.85%, while Opendoor Technologies Inc. (OPEN) has a volatility of 20.58%. This indicates that PAGS experiences smaller price fluctuations and is considered to be less risky than OPEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PAGSOPENDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.85%

20.58%

-8.73%

Volatility (6M)

Calculated over the trailing 6-month period

33.74%

52.03%

-18.29%

Volatility (1Y)

Calculated over the trailing 1-year period

49.06%

159.72%

-110.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

61.40%

113.46%

-52.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

61.08%

110.28%

-49.20%

Dividends

PAGS vs. OPEN - Dividend Comparison

PAGS's dividend yield for the trailing twelve months is around 6.92%, while OPEN has not paid dividends to shareholders.


PositionTTM2025
OPEN
Opendoor Technologies Inc.
0.00%0.00%
PAGS
PagSeguro Digital Ltd.
6.92%3.94%

Financials

PAGS vs. OPEN - Financials Comparison

This section allows you to compare key financial metrics between PagSeguro Digital Ltd. and Opendoor Technologies 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


1.00B2.00B3.00B4.00B5.00B20222023202420252026
4.69B
720.00M
(PAGS) Total Revenue
(OPEN) Total Revenue
Please note, different currencies. PAGS values in BRL, OPEN values in USD

PAGS vs. OPEN - Profitability Comparison

The chart below illustrates the profitability comparison between PagSeguro Digital Ltd. and Opendoor Technologies Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-10.0%0.0%10.0%20.0%30.0%40.0%50.0%20222023202420252026
51.2%
10.0%
Portfolio components
PAGS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PagSeguro Digital Ltd. reported a gross profit of 2.40B and revenue of 4.69B. Therefore, the gross margin over that period was 51.2%.

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%.

PAGS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PagSeguro Digital Ltd. reported an operating income of 1.75B and revenue of 4.69B, resulting in an operating margin of 37.3%.

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%.

PAGS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PagSeguro Digital Ltd. reported a net income of 535.32M and revenue of 4.69B, resulting in a net margin of 11.4%.

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%.


Frequently Asked Questions


PAGS and OPEN have a correlation of 0.26, 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 PAGS (11.85%). In terms of maximum drawdown, PAGS dropped -90.00% vs OPEN's -98.57%.

OPEN currently has the higher Sharpe Ratio (4.19 vs 0.24), 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.

Portfolio Optimizer

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