PAGS vs. SHOP
PAGS (PagSeguro Digital Ltd.) and SHOP (Shopify Inc.) are both stocks. Both are in the Technology sector — PAGS in Software - Infrastructure, SHOP in Software - Application. Over the past 5 years, PAGS returned -28.70%/yr vs -2.79%/yr for SHOP. At a 0.46 correlation, their price movements are largely independent.
Performance
PAGS vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, PAGS achieves a -3.85% return, which is significantly higher than SHOP's -32.76% return.
PAGS
- 1D
- 0.22%
- 1M
- 1.13%
- YTD
- -3.85%
- 6M
- -9.66%
- 1Y
- 13.91%
- 3Y*
- -2.35%
- 5Y*
- -28.70%
- 10Y*
- —
SHOP
- 1D
- -2.02%
- 1M
- 7.94%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- 2.75%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
PAGS vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PAGS PagSeguro Digital Ltd. | -3.85% | 60.75% | -49.80% | 42.68% | -66.67% | -53.90% | 66.51% | 82.38% | -33.58% |
SHOP Shopify Inc. | -32.76% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 16.65% |
Correlation
The correlation between PAGS and SHOP is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2018 | 0.46 |
Fundamentals
PAGS:
$2.53B
SHOP:
$141.08B
PAGS:
R$7.31
SHOP:
$1.02
PAGS:
6.25
SHOP:
106.25
PAGS:
0.32
SHOP:
0.20
PAGS:
0.67
SHOP:
15.39
PAGS:
0.90
SHOP:
11.29
PAGS:
R$19.80B
SHOP:
$9.20B
PAGS:
R$10.13B
SHOP:
$5.93B
PAGS:
R$9.32B
SHOP:
$1.60B
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Return for Risk
PAGS vs. SHOP — Risk / Return Rank
PAGS
SHOP
PAGS vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PagSeguro Digital Ltd. (PAGS) and Shopify Inc. (SHOP). 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 | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.05 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | -0.02 | +0.45 |
| Martin ratioReturn relative to average drawdown | 0.90 | -0.04 | +0.94 |
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Drawdowns
PAGS vs. SHOP - Drawdown Comparison
The maximum PAGS drawdown since its inception was -90.00%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for PAGS and SHOP.
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Drawdown Indicators
| PAGS | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.00% | -84.82% | -5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -27.21% | -46.71% | +19.50% |
Max Drawdown (3Y)Largest decline over 3 years | -57.60% | -46.71% | -10.89% |
Max Drawdown (5Y)Largest decline over 5 years | -89.84% | -84.82% | -5.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -84.37% | -39.53% | -44.84% |
Average DrawdownAverage peak-to-trough decline | -55.47% | -28.23% | -27.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.03% | 22.27% | -9.24% |
Volatility
PAGS vs. SHOP - Volatility Comparison
The current volatility for PagSeguro Digital Ltd. (PAGS) is 11.85%, while Shopify Inc. (SHOP) has a volatility of 15.38%. This indicates that PAGS experiences smaller price fluctuations and is considered to be less risky than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAGS | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 15.38% | -3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 33.74% | 43.41% | -9.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.06% | 57.03% | -7.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.40% | 65.55% | -4.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.08% | 59.07% | +2.01% |
Dividends
PAGS vs. SHOP - Dividend Comparison
PAGS's dividend yield for the trailing twelve months is around 6.92%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
PAGS PagSeguro Digital Ltd. | 6.92% | 3.94% |
SHOP Shopify Inc. | 0.00% | 0.00% |
Financials
PAGS vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between PagSeguro Digital Ltd. and Shopify 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
Frequently Asked Questions
PAGS and SHOP have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (15.38%) compared to PAGS (11.85%). In terms of maximum drawdown, PAGS dropped -90.00% vs SHOP's -84.82%.
PAGS currently has the higher Sharpe Ratio (0.24 vs -0.02), 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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