PYPL vs. COIN
PYPL (PayPal Holdings, Inc.) and COIN (Coinbase Global, Inc.) are both stocks. Both are in the Financial Services sector — PYPL in Credit Services, COIN in Financial Data & Stock Exchanges. Over the past 5 years, PYPL returned -31.18%/yr vs -6.53%/yr for COIN. At a 0.48 correlation, their price movements are largely independent.
Performance
PYPL vs. COIN - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PYPL having a -28.41% return and COIN slightly lower at -29.34%.
PYPL
- 1D
- 0.70%
- 1M
- -7.88%
- YTD
- -28.41%
- 6M
- -32.22%
- 1Y
- -44.01%
- 3Y*
- -12.98%
- 5Y*
- -31.18%
- 10Y*
- 1.21%
COIN
- 1D
- -0.41%
- 1M
- -20.82%
- YTD
- -29.34%
- 6M
- -40.26%
- 1Y
- -33.71%
- 3Y*
- 45.01%
- 5Y*
- -6.53%
- 10Y*
- —
PYPL vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PYPL PayPal Holdings, Inc. | -28.41% | -31.44% | 38.98% | -13.77% | -62.23% | -31.53% |
COIN Coinbase Global, Inc. | -29.34% | -8.92% | 42.77% | 391.44% | -85.98% | -33.76% |
Correlation
The correlation between PYPL and COIN is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
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 Apr 14, 2021 | 0.48 |
Fundamentals
PYPL:
$38.21B
COIN:
$42.31B
PYPL:
$5.31
COIN:
$2.90
PYPL:
7.83
COIN:
55.08
PYPL:
0.38
COIN:
0.04
PYPL:
1.17
COIN:
7.59
PYPL:
1.91
COIN:
3.14
PYPL:
$33.73B
COIN:
$5.81B
PYPL:
$15.56B
COIN:
$4.65B
PYPL:
$7.23B
COIN:
$1.68B
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Return for Risk
PYPL vs. COIN — Risk / Return Rank
PYPL
COIN
PYPL vs. COIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) and Coinbase Global, Inc. (COIN). 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.
| PYPL | COIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.96 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | -0.51 | -0.37 |
| Martin ratioReturn relative to average drawdown | -1.54 | -0.82 | -0.72 |
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Drawdowns
PYPL vs. COIN - Drawdown Comparison
The maximum PYPL drawdown since its inception was -87.30%, roughly equal to the maximum COIN drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for PYPL and COIN.
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Drawdown Indicators
| PYPL | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.30% | -91.46% | +4.16% |
Max Drawdown (1Y)Largest decline over 1 year | -49.92% | -66.39% | +16.47% |
Max Drawdown (3Y)Largest decline over 3 years | -57.34% | -66.39% | +9.05% |
Max Drawdown (5Y)Largest decline over 5 years | -87.30% | -90.90% | +3.60% |
Max Drawdown (10Y)Largest decline over 10 years | -87.30% | — | — |
Current DrawdownCurrent decline from peak | -86.42% | -61.94% | -24.48% |
Average DrawdownAverage peak-to-trough decline | -35.90% | -52.60% | +16.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.60% | 41.01% | -12.41% |
Volatility
PYPL vs. COIN - Volatility Comparison
The current volatility for PayPal Holdings, Inc. (PYPL) is 7.01%, while Coinbase Global, Inc. (COIN) has a volatility of 19.52%. This indicates that PYPL experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PYPL | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 19.52% | -12.51% |
Volatility (6M)Calculated over the trailing 6-month period | 31.72% | 51.84% | -20.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.10% | 70.66% | -31.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.08% | 85.93% | -43.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.77% | 85.49% | -46.72% |
Dividends
PYPL vs. COIN - Dividend Comparison
PYPL's dividend yield for the trailing twelve months is around 1.01%, while COIN has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
COIN Coinbase Global, Inc. | 0.00% | 0.00% |
PYPL PayPal Holdings, Inc. | 1.01% | 0.24% |
Financials
PYPL vs. COIN - Financials Comparison
This section allows you to compare key financial metrics between PayPal Holdings, Inc. and Coinbase 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
PYPL vs. COIN - Profitability Comparison
PYPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a gross profit of 3.81B and revenue of 8.35B. Therefore, the gross margin over that period was 45.6%.
COIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a gross profit of 1.22B and revenue of 1.41B. Therefore, the gross margin over that period was 86.1%.
PYPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported an operating income of 1.49B and revenue of 8.35B, resulting in an operating margin of 17.8%.
COIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported an operating income of 35.15M and revenue of 1.41B, resulting in an operating margin of 2.5%.
PYPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a net income of 1.11B and revenue of 8.35B, resulting in a net margin of 13.3%.
COIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a net income of -394.12M and revenue of 1.41B, resulting in a net margin of -27.9%.
Frequently Asked Questions
PYPL and COIN have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (19.52%) compared to PYPL (7.01%). In terms of maximum drawdown, PYPL dropped -87.30% vs COIN's -91.46%.
COIN currently has the higher Sharpe Ratio (-0.48 vs -1.13), 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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