RDDT vs. SHOP
RDDT (Reddit, Inc.) and SHOP (Shopify Inc.) are both stocks. RDDT operates in Internet Content & Information (Communication Services), while SHOP operates in Software - Application (Technology). Over the past year, RDDT returned 39.50% vs -0.89% for SHOP. At a 0.41 correlation, their price movements are largely independent.
Performance
RDDT vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, RDDT achieves a -29.48% return, which is significantly higher than SHOP's -32.76% return.
RDDT
- 1D
- -6.44%
- 1M
- 5.18%
- YTD
- -29.48%
- 6M
- -27.89%
- 1Y
- 39.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHOP
- 1D
- -2.02%
- 1M
- 13.46%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- -0.89%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
RDDT vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RDDT Reddit, Inc. | -29.48% | 40.64% | 247.74% |
SHOP Shopify Inc. | -32.76% | 51.39% | 30.74% |
Correlation
The correlation between RDDT and SHOP 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 (All Time) Calculated using the full available price history since Mar 21, 2024 | 0.41 |
Fundamentals
RDDT:
$32.83B
SHOP:
$141.08B
RDDT:
$3.56
SHOP:
$1.02
RDDT:
45.55
SHOP:
106.25
RDDT:
13.03
SHOP:
15.39
RDDT:
10.32
SHOP:
11.29
RDDT:
$2.47B
SHOP:
$9.20B
RDDT:
$2.26B
SHOP:
$5.93B
RDDT:
$655.01M
SHOP:
$1.60B
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Return for Risk
RDDT vs. SHOP — Risk / Return Rank
RDDT
SHOP
RDDT vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Reddit, Inc. (RDDT) 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.
| RDDT | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.05 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | -0.02 | +0.74 |
| Martin ratioReturn relative to average drawdown | 1.32 | -0.04 | +1.36 |
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Drawdowns
RDDT vs. SHOP - Drawdown Comparison
The maximum RDDT drawdown since its inception was -61.41%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for RDDT and SHOP.
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Drawdown Indicators
| RDDT | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.41% | -84.82% | +23.41% |
Max Drawdown (1Y)Largest decline over 1 year | -54.99% | -46.71% | -8.28% |
Max Drawdown (3Y)Largest decline over 3 years | — | -46.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -40.12% | -39.53% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -24.49% | -28.23% | +3.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.98% | 22.27% | +7.71% |
Volatility
RDDT vs. SHOP - Volatility Comparison
Reddit, Inc. (RDDT) has a higher volatility of 20.93% compared to Shopify Inc. (SHOP) at 15.38%. This indicates that RDDT's price experiences larger fluctuations and is considered to be riskier 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
| RDDT | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.93% | 15.38% | +5.55% |
Volatility (6M)Calculated over the trailing 6-month period | 46.09% | 43.41% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.69% | 57.03% | +8.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.25% | 65.55% | +15.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.25% | 59.07% | +22.18% |
Dividends
RDDT vs. SHOP - Dividend Comparison
Neither RDDT nor SHOP has paid dividends to shareholders.
Financials
RDDT vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Reddit, 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
RDDT and SHOP 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.
RDDT has higher volatility (20.93%) compared to SHOP (15.38%). In terms of maximum drawdown, RDDT dropped -61.41% vs SHOP's -84.82%.
RDDT currently has the higher Sharpe Ratio (0.60 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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