QTWO vs. PYPL
QTWO (Q2 Holdings, Inc.) and PYPL (PayPal Holdings, Inc.) are both stocks. QTWO operates in Software - Application (Technology), while PYPL operates in Credit Services (Financial Services). Over the past 10 years, QTWO returned 5.15%/yr vs 1.25%/yr for PYPL. At a 0.50 correlation, their price movements are largely independent.
Performance
QTWO vs. PYPL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QTWO achieves a -37.89% return, which is significantly lower than PYPL's -28.88% return. Over the past 10 years, QTWO has outperformed PYPL with an annualized return of 5.15%, while PYPL has yielded a comparatively lower 1.25% annualized return.
QTWO
- 1D
- -1.95%
- 1M
- -10.59%
- YTD
- -37.89%
- 6M
- -39.02%
- 1Y
- -50.89%
- 3Y*
- 17.10%
- 5Y*
- -13.94%
- 10Y*
- 5.15%
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%
QTWO vs. PYPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QTWO Q2 Holdings, Inc. | -37.89% | -28.31% | 131.86% | 61.56% | -66.18% | -37.22% | 56.06% | 63.63% | 34.46% | 27.73% |
PYPL PayPal Holdings, Inc. | -28.88% | -31.44% | 38.98% | -13.77% | -62.23% | -19.48% | 116.51% | 28.64% | 14.22% | 86.52% |
Correlation
The correlation between QTWO and PYPL is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2015 | 0.50 |
The correlation between QTWO and PYPL shifts across timeframes, from 0.39 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
QTWO:
$3.03B
PYPL:
$37.96B
QTWO:
$1.07
PYPL:
$5.31
QTWO:
41.78
PYPL:
7.78
QTWO:
3.76
PYPL:
1.17
QTWO:
4.96
PYPL:
1.90
QTWO:
$821.58M
PYPL:
$33.73B
QTWO:
$456.61M
PYPL:
$15.56B
QTWO:
$105.55M
PYPL:
$7.23B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QTWO vs. PYPL — Risk / Return Rank
QTWO
PYPL
QTWO vs. PYPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Q2 Holdings, Inc. (QTWO) and PayPal Holdings, Inc. (PYPL). 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.
| QTWO | PYPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 0.79 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.87 | -0.09 |
| Martin ratioReturn relative to average drawdown | -1.51 | -1.55 | +0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QTWO | PYPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.16 | -1.11 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | -0.74 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.03 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.01 | +0.20 |
Drawdowns
QTWO vs. PYPL - Drawdown Comparison
The maximum QTWO drawdown since its inception was -85.77%, roughly equal to the maximum PYPL drawdown of -87.30%. Use the drawdown chart below to compare losses from any high point for QTWO and PYPL.
Loading charts...
Drawdown Indicators
| QTWO | PYPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.77% | -87.30% | +1.53% |
Max Drawdown (1Y)Largest decline over 1 year | -53.08% | -49.92% | -3.16% |
Max Drawdown (3Y)Largest decline over 3 years | -59.68% | -57.34% | -2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -80.69% | -87.30% | +6.61% |
Max Drawdown (10Y)Largest decline over 10 years | -85.77% | -87.30% | +1.53% |
Current DrawdownCurrent decline from peak | -69.45% | -86.51% | +17.06% |
Average DrawdownAverage peak-to-trough decline | -30.20% | -35.69% | +5.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.84% | 27.99% | +5.85% |
Volatility
QTWO vs. PYPL - Volatility Comparison
Q2 Holdings, Inc. (QTWO) has a higher volatility of 18.44% compared to PayPal Holdings, Inc. (PYPL) at 6.73%. This indicates that QTWO's price experiences larger fluctuations and is considered to be riskier than PYPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QTWO | PYPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.44% | 6.73% | +11.71% |
Volatility (6M)Calculated over the trailing 6-month period | 32.97% | 31.69% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.22% | 39.14% | +5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.12% | 42.09% | +8.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.29% | 38.78% | +5.51% |
Dividends
QTWO vs. PYPL - Dividend Comparison
QTWO has not paid dividends to shareholders, while PYPL's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 |
|---|---|---|
PYPL PayPal Holdings, Inc. | 1.02% | 0.24% |
QTWO Q2 Holdings, Inc. | 0.00% | 0.00% |
Financials
QTWO vs. PYPL - Financials Comparison
This section allows you to compare key financial metrics between Q2 Holdings, Inc. and PayPal Holdings, 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
QTWO vs. PYPL - Profitability Comparison
QTWO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported a gross profit of 127.91M and revenue of 216.51M. Therefore, the gross margin over that period was 59.1%.
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%.
QTWO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported an operating income of 27.69M and revenue of 216.51M, resulting in an operating margin of 12.8%.
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%.
QTWO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported a net income of 26.64M and revenue of 216.51M, resulting in a net margin of 12.3%.
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%.
Frequently Asked Questions
QTWO and PYPL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QTWO has higher volatility (18.44%) compared to PYPL (6.73%). In terms of maximum drawdown, QTWO dropped -85.77% vs PYPL's -87.30%.
PYPL currently has the higher Sharpe Ratio (-1.11 vs -1.16), 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.
Find the right allocation for QTWO and PYPL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer