RELY vs. PAGS
RELY (Remitly Global, Inc.) and PAGS (PagSeguro Digital Ltd.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 3 years, RELY returned -1.56%/yr vs -2.35%/yr for PAGS. At a 0.38 correlation, their price movements are largely independent.
Performance
RELY vs. PAGS - Performance Comparison
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Returns By Period
In the year-to-date period, RELY achieves a 38.26% return, which is significantly higher than PAGS's -3.85% return.
RELY
- 1D
- 1.54%
- 1M
- -19.66%
- YTD
- 38.26%
- 6M
- 30.24%
- 1Y
- -4.22%
- 3Y*
- -1.56%
- 5Y*
- —
- 10Y*
- —
PAGS
- 1D
- 0.22%
- 1M
- 3.82%
- YTD
- -3.85%
- 6M
- -9.66%
- 1Y
- 11.77%
- 3Y*
- -2.35%
- 5Y*
- -28.70%
- 10Y*
- —
RELY vs. PAGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RELY Remitly Global, Inc. | 38.26% | -38.86% | 16.22% | 69.61% | -44.47% | -61.02% |
PAGS PagSeguro Digital Ltd. | -3.85% | 60.75% | -49.80% | 42.68% | -66.67% | -53.78% |
Correlation
The correlation between RELY and PAGS is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.38 |
Fundamentals
RELY:
$4.14B
PAGS:
$2.53B
RELY:
$0.49
PAGS:
R$7.31
RELY:
39.23
PAGS:
6.25
RELY:
0.21
PAGS:
0.32
RELY:
2.40
PAGS:
0.67
RELY:
4.56
PAGS:
0.90
RELY:
$1.73B
PAGS:
R$19.80B
RELY:
$753.03M
PAGS:
R$10.13B
RELY:
$142.85M
PAGS:
R$9.32B
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Return for Risk
RELY vs. PAGS — Risk / Return Rank
RELY
PAGS
RELY vs. PAGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) and PagSeguro Digital Ltd. (PAGS). 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.
| RELY | PAGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.08 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 0.43 | -0.54 |
| Martin ratioReturn relative to average drawdown | -0.18 | 0.90 | -1.09 |
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Drawdowns
RELY vs. PAGS - Drawdown Comparison
The maximum RELY drawdown since its inception was -86.99%, roughly equal to the maximum PAGS drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for RELY and PAGS.
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Drawdown Indicators
| RELY | PAGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.99% | -90.00% | +3.01% |
Max Drawdown (1Y)Largest decline over 1 year | -40.89% | -27.21% | -13.68% |
Max Drawdown (3Y)Largest decline over 3 years | -57.92% | -57.60% | -0.32% |
Max Drawdown (5Y)Largest decline over 5 years | — | -89.84% | — |
Current DrawdownCurrent decline from peak | -63.93% | -84.37% | +20.44% |
Average DrawdownAverage peak-to-trough decline | -67.42% | -55.47% | -11.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.14% | 13.03% | +10.11% |
Volatility
RELY vs. PAGS - Volatility Comparison
Remitly Global, Inc. (RELY) has a higher volatility of 13.52% compared to PagSeguro Digital Ltd. (PAGS) at 11.85%. This indicates that RELY's price experiences larger fluctuations and is considered to be riskier than PAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RELY | PAGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.52% | 11.85% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 37.83% | 33.74% | +4.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.58% | 49.06% | +6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.12% | 61.40% | -2.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.12% | 61.08% | -1.96% |
Dividends
RELY vs. PAGS - Dividend Comparison
RELY has not paid dividends to shareholders, while PAGS's dividend yield for the trailing twelve months is around 6.92%.
| Position | TTM | 2025 |
|---|---|---|
PAGS PagSeguro Digital Ltd. | 6.92% | 3.94% |
RELY Remitly Global, Inc. | 0.00% | 0.00% |
Financials
RELY vs. PAGS - Financials Comparison
This section allows you to compare key financial metrics between Remitly Global, Inc. and PagSeguro Digital Ltd.. 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
RELY vs. PAGS - Profitability Comparison
RELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a gross profit of 0.00 and revenue of 452.80M. Therefore, the gross margin over that period was 0.0%.
PAGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PagSeguro Digital Ltd. reported a gross profit of 2.40B and revenue of 4.69B. Therefore, the gross margin over that period was 51.2%.
RELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.
PAGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PagSeguro Digital Ltd. reported an operating income of 1.75B and revenue of 4.69B, resulting in an operating margin of 37.3%.
RELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.
PAGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PagSeguro Digital Ltd. reported a net income of 535.32M and revenue of 4.69B, resulting in a net margin of 11.4%.
Frequently Asked Questions
RELY and PAGS have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RELY has higher volatility (13.52%) compared to PAGS (11.85%). In terms of maximum drawdown, RELY dropped -86.99% vs PAGS's -90.00%.
PAGS currently has the higher Sharpe Ratio (0.24 vs -0.08), 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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