PAGS vs. STNE

Last updated Jun 4, 2026

PAGS (PagSeguro Digital Ltd.) and STNE (StoneCo Ltd.) are both stocks. Both are in the Technology sector — PAGS in Software - Infrastructure, STNE in Software - Application. Over the past 5 years, PAGS returned -28.84%/yr vs -27.46%/yr for STNE. A 0.75 correlation means they provide meaningful diversification when combined.

Performance

PAGS vs. STNE - Performance Comparison

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

Returns By Period

In the year-to-date period, PAGS achieves a -5.89% return, which is significantly higher than STNE's -12.92% return.

PAGS

• 1D: -4.88%
• 1M: -10.05%
• YTD: -5.89%
• 6M: -12.09%
• 1Y: 2.09%
• 3Y*: -2.32%
• 5Y*: -28.84%
• 10Y*: —

STNE

• 1D: -5.34%
• 1M: -1.85%
• YTD: -12.92%
• 6M: -18.17%
• 1Y: -9.04%
• 3Y*: -0.28%
• 5Y*: -27.46%
• 10Y*: —

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

PAGS vs. STNE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PAGS PagSeguro Digital Ltd.	-5.89%	60.75%	-49.80%	42.68%	-66.67%	-53.90%	66.51%	82.38%	-35.99%
STNE StoneCo Ltd.	-12.92%	85.57%	-55.80%	91.00%	-44.01%	-79.91%	110.38%	116.32%	-41.18%

Correlation

The correlation between PAGS and STNE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Oct 26, 2018	0.75

The correlation between PAGS and STNE has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

Fundamentals

Market Cap PAGS : $2.48B STNE : $2.70B
EPS PAGS : $7.31 STNE : $12.96
PE Ratio PAGS : 1.20 STNE : 0.82
PEG Ratio PAGS : 0.06 STNE : 0.01
PS Ratio PAGS : 0.13 STNE : 0.24
PB Ratio PAGS : 0.17 STNE : 0.22
Total Revenue (TTM) PAGS : $19.80B STNE : $11.69B
Gross Profit (TTM) PAGS : $10.13B STNE : $8.11B
EBITDA (TTM) PAGS : $9.32B STNE : $3.75B

Return for Risk

PAGS vs. STNE — Risk / Return Rank

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

PAGS

PAGS Risk / Return Rank: 41
PAGS Sharpe Ratio Rank: 42
PAGS Sortino Ratio Rank: 40
PAGS Omega Ratio Rank: 39
PAGS Calmar Ratio Rank: 42
PAGS Martin Ratio Rank: 42

STNE

STNE Risk / Return Rank: 33
STNE Sharpe Ratio Rank: 33
STNE Sortino Ratio Rank: 32
STNE Omega Ratio Rank: 32
STNE Calmar Ratio Rank: 33
STNE Martin Ratio Rank: 32

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. STNE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PagSeguro Digital Ltd. (PAGS) and StoneCo Ltd. (STNE). 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.

	PAGS	STNE	Difference
Sharpe ratio: Return per unit of total volatility	0.04	-0.18	+0.22
Sortino ratio: Return per unit of downside risk	0.42	0.10	+0.32
Omega ratio: Gain probability vs. loss probability	1.05	1.01	+0.04
Calmar ratio: Return relative to maximum drawdown	0.08	-0.23	+0.31
Martin ratio: Return relative to average drawdown	0.17	-0.47	+0.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAGS vs. STNE - Sharpe Ratio Comparison

The current PAGS Sharpe Ratio is 0.04, which is higher than the STNE Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of PAGS and STNE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PAGS	STNE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.04	-0.18	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.47	-0.42	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	-0.16	-0.04

Drawdowns

PAGS vs. STNE - Drawdown Comparison

The maximum PAGS drawdown since its inception was -90.00%, roughly equal to the maximum STNE drawdown of -92.31%. Use the drawdown chart below to compare losses from any high point for PAGS and STNE.

Drawdown Indicators

	PAGS	STNE	Difference
Max Drawdown Largest peak-to-trough decline	-90.00%	-92.31%	+2.31%
Max Drawdown (1Y) Largest decline over 1 year	-26.36%	-40.22%	+13.86%
Max Drawdown (3Y) Largest decline over 3 years	-57.60%	-57.64%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-89.84%	-89.72%	-0.12%
Current Drawdown Current decline from peak	-84.71%	-86.31%	+1.60%
Average Drawdown Average peak-to-trough decline	-55.40%	-61.10%	+5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.35%	19.35%	-7.00%

Volatility

PAGS vs. STNE - Volatility Comparison

PagSeguro Digital Ltd. (PAGS) has a higher volatility of 17.52% compared to StoneCo Ltd. (STNE) at 15.62%. This indicates that PAGS's price experiences larger fluctuations and is considered to be riskier than STNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAGS	STNE	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.52%	15.62%	+1.90%
Volatility (6M) Calculated over the trailing 6-month period	34.55%	40.65%	-6.10%
Volatility (1Y) Calculated over the trailing 1-year period	49.21%	51.25%	-2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.37%	64.89%	-3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.14%	67.48%	-6.34%

Dividends

PAGS vs. STNE - Dividend Comparison

PAGS's dividend yield for the trailing twelve months is around 7.07%, less than STNE's 23.78% yield.

Position	TTM	2025
PAGS PagSeguro Digital Ltd.	7.07%	3.94%
STNE StoneCo Ltd.	23.78%	0.00%

Financials

Frequently Asked Questions

Can I hold both PAGS and STNE in my portfolio?

PAGS and STNE have a correlation of 0.81, 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 STNE?

PAGS has higher volatility (17.52%) compared to STNE (15.62%). In terms of maximum drawdown, PAGS dropped -90.00% vs STNE's -92.31%.

Which has better risk-adjusted returns?

PAGS currently has the higher Sharpe Ratio (0.04 vs -0.18), 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.