RDFN vs. SHOP
Compare and contrast key facts about Redfin Corporation (RDFN) and Shopify Inc. (SHOP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RDFN or SHOP.
Correlation
The correlation between RDFN and SHOP is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RDFN vs. SHOP - Performance Comparison
Key characteristics
RDFN:
-0.21
SHOP:
0.80
RDFN:
0.26
SHOP:
1.42
RDFN:
1.03
SHOP:
1.20
RDFN:
-0.18
SHOP:
0.61
RDFN:
-0.53
SHOP:
2.12
RDFN:
32.37%
SHOP:
19.93%
RDFN:
81.20%
SHOP:
53.00%
RDFN:
-96.61%
SHOP:
-84.82%
RDFN:
-91.72%
SHOP:
-35.11%
Fundamentals
RDFN:
$1.13B
SHOP:
$141.30B
RDFN:
-$1.27
SHOP:
$0.99
RDFN:
0.00
SHOP:
1.12
RDFN:
$1.02B
SHOP:
$8.21B
RDFN:
$341.01M
SHOP:
$4.18B
RDFN:
-$116.96M
SHOP:
$1.22B
Returns By Period
In the year-to-date period, RDFN achieves a -22.48% return, which is significantly lower than SHOP's 40.82% return.
RDFN
-22.48%
0.00%
30.93%
-20.08%
-17.92%
N/A
SHOP
40.82%
3.61%
70.74%
40.01%
23.05%
N/A
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Risk-Adjusted Performance
RDFN vs. SHOP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Redfin Corporation (RDFN) 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.
Dividends
RDFN vs. SHOP - Dividend Comparison
Neither RDFN nor SHOP has paid dividends to shareholders.
Drawdowns
RDFN vs. SHOP - Drawdown Comparison
The maximum RDFN drawdown since its inception was -96.61%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for RDFN and SHOP. For additional features, visit the drawdowns tool.
Volatility
RDFN vs. SHOP - Volatility Comparison
Redfin Corporation (RDFN) has a higher volatility of 18.44% compared to Shopify Inc. (SHOP) at 12.94%. This indicates that RDFN'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.
Financials
RDFN vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Redfin Corporation 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