PYPL vs. SHOP
PYPL (PayPal Holdings, Inc.) and SHOP (Shopify Inc.) are both stocks. PYPL operates in Credit Services (Financial Services), while SHOP operates in Software - Application (Technology). Over the past 10 years, PYPL returned 1.25%/yr vs 44.31%/yr for SHOP. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
PYPL vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, PYPL achieves a -28.88% return, which is significantly higher than SHOP's -31.18% return. Over the past 10 years, PYPL has underperformed SHOP with an annualized return of 1.25%, while SHOP has yielded a comparatively higher 44.31% annualized return.
PYPL
- 1D
- -0.07%
- 1M
- -8.76%
- YTD
- -28.88%
- 6M
- -32.07%
- 1Y
- -43.32%
- 3Y*
- -13.13%
- 5Y*
- -30.87%
- 10Y*
- 1.25%
SHOP
- 1D
- 1.13%
- 1M
- 0.34%
- YTD
- -31.18%
- 6M
- -30.07%
- 1Y
- -0.57%
- 3Y*
- 21.77%
- 5Y*
- -1.84%
- 10Y*
- 44.31%
PYPL vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYPL PayPal Holdings, Inc. | -28.88% | -31.44% | 38.98% | -13.77% | -62.23% | -19.48% | 116.51% | 28.64% | 14.22% | 86.52% |
SHOP Shopify Inc. | -31.18% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between PYPL and SHOP is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2015 | 0.54 |
The correlation between PYPL and SHOP has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.
Fundamentals
PYPL:
$37.96B
SHOP:
$144.39B
PYPL:
$5.31
SHOP:
$1.02
PYPL:
7.78
SHOP:
108.75
PYPL:
0.38
SHOP:
0.21
PYPL:
1.17
SHOP:
15.75
PYPL:
1.90
SHOP:
11.55
PYPL:
$33.73B
SHOP:
$9.20B
PYPL:
$15.56B
SHOP:
$5.93B
PYPL:
$7.23B
SHOP:
$1.60B
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Return for Risk
PYPL vs. SHOP — Risk / Return Rank
PYPL
SHOP
PYPL vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) 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.
| PYPL | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.05 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | -0.01 | -0.86 |
| Martin ratioReturn relative to average drawdown | -1.55 | -0.03 | -1.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PYPL | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.11 | -0.01 | -1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.74 | -0.03 | -0.71 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.75 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.69 | -0.68 |
Drawdowns
PYPL vs. SHOP - Drawdown Comparison
The maximum PYPL drawdown since its inception was -87.30%, roughly equal to the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for PYPL and SHOP.
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Drawdown Indicators
| PYPL | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.30% | -84.82% | -2.48% |
Max Drawdown (1Y)Largest decline over 1 year | -49.92% | -46.71% | -3.21% |
Max Drawdown (3Y)Largest decline over 3 years | -57.34% | -46.71% | -10.63% |
Max Drawdown (5Y)Largest decline over 5 years | -87.30% | -84.82% | -2.48% |
Max Drawdown (10Y)Largest decline over 10 years | -87.30% | -84.82% | -2.48% |
Current DrawdownCurrent decline from peak | -86.51% | -38.12% | -48.39% |
Average DrawdownAverage peak-to-trough decline | -35.69% | -28.22% | -7.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.99% | 21.74% | +6.25% |
Volatility
PYPL vs. SHOP - Volatility Comparison
The current volatility for PayPal Holdings, Inc. (PYPL) is 6.73%, while Shopify Inc. (SHOP) has a volatility of 17.86%. This indicates that PYPL 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
| PYPL | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 17.86% | -11.13% |
Volatility (6M)Calculated over the trailing 6-month period | 31.69% | 43.67% | -11.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.14% | 57.27% | -18.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.09% | 65.57% | -23.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.78% | 59.09% | -20.31% |
Dividends
PYPL vs. SHOP - Dividend Comparison
PYPL's dividend yield for the trailing twelve months is around 1.02%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
PYPL PayPal Holdings, Inc. | 1.02% | 0.24% |
SHOP Shopify Inc. | 0.00% | 0.00% |
Financials
PYPL vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between PayPal Holdings, Inc. 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
PYPL and SHOP have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (17.86%) compared to PYPL (6.73%). In terms of maximum drawdown, PYPL dropped -87.30% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.01 vs -1.11), 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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