SE vs. SHOP

Last updated Apr 1, 2026

Compare and contrast key facts about Sea Limited (SE) and Shopify Inc. (SHOP).

Performance

SE vs. SHOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sea Limited (SE) and Shopify Inc. (SHOP). The values are adjusted to include any dividend payments, if applicable.

SE vs. SHOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SE Sea Limited	-35.09%	20.24%	161.98%	-22.16%	-76.74%	12.39%	394.90%	255.30%	-15.08%	-18.02%
SHOP Shopify Inc.	-26.31%	51.39%	36.50%	124.43%	-74.80%	21.68%	184.71%	187.17%	37.08%	-1.08%

Fundamentals

EPS SE : $2.55 SHOP : $1.41
PE Ratio SE : 32.49 SHOP : 84.21
PEG Ratio SE : 0.15 SHOP : 0.16
PS Ratio SE : 2.25 SHOP : 13.15
Total Revenue (TTM) SE : $22.94B SHOP : $7.88B
Gross Profit (TTM) SE : $10.24B SHOP : $5.56B
EBITDA (TTM) SE : $2.21B SHOP : $1.61B

Returns By Period

In the year-to-date period, SE achieves a -35.09% return, which is significantly lower than SHOP's -26.31% return.

SE

• 1D: 5.75%
• 1M: -23.64%
• YTD: -35.09%
• 6M: -53.67%
• 1Y: -36.54%
• 3Y*: -1.46%
• 5Y*: -18.93%
• 10Y*: —

SHOP

• 1D: 6.13%
• 1M: -1.75%
• YTD: -26.31%
• 6M: -20.18%
• 1Y: 24.24%
• 3Y*: 35.25%
• 5Y*: 0.53%
• 10Y*: 45.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SE vs. SHOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SE

SE Risk / Return Rank: 15
SE Sharpe Ratio Rank: 12
SE Sortino Ratio Rank: 14
SE Omega Ratio Rank: 14
SE Calmar Ratio Rank: 22
SE Martin Ratio Rank: 15

SHOP

SHOP Risk / Return Rank: 57
SHOP Sharpe Ratio Rank: 57
SHOP Sortino Ratio Rank: 57
SHOP Omega Ratio Rank: 56
SHOP Calmar Ratio Rank: 56
SHOP Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SE vs. SHOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sea Limited (SE) 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.

	SE	SHOP	Difference
Sharpe ratio Return per unit of total volatility	-0.70	0.40	-1.10
Sortino ratio Return per unit of downside risk	-0.83	1.01	-1.85
Omega ratio Gain probability vs. loss probability	0.89	1.13	-0.24
Calmar ratio Return relative to maximum drawdown	-0.61	0.59	-1.20
Martin ratio Return relative to average drawdown	-1.35	1.44	-2.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SE vs. SHOP - Sharpe Ratio Comparison

The current SE Sharpe Ratio is -0.70, which is lower than the SHOP Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of SE and SHOP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SE	SHOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	0.40	-1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	0.01	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.72	-0.38

Correlation

The correlation between SE and SHOP is 0.50, 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.

Dividends

SE vs. SHOP - Dividend Comparison

Neither SE nor SHOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SE vs. SHOP - Drawdown Comparison

The maximum SE drawdown since its inception was -90.51%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for SE and SHOP.

Drawdown Indicators

	SE	SHOP	Difference
Max Drawdown Largest peak-to-trough decline	-90.51%	-84.82%	-5.69%
Max Drawdown (1Y) Largest decline over 1 year	-60.22%	-38.18%	-22.04%
Max Drawdown (5Y) Largest decline over 5 years	-90.51%	-84.82%	-5.69%
Max Drawdown (10Y) Largest decline over 10 years	—	-84.82%	—
Current Drawdown Current decline from peak	-77.44%	-33.74%	-43.70%
Average Drawdown Average peak-to-trough decline	-43.35%	-28.09%	-15.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.06%	15.78%	+11.28%

Volatility

SE vs. SHOP - Volatility Comparison

Sea Limited (SE) has a higher volatility of 23.22% compared to Shopify Inc. (SHOP) at 15.49%. This indicates that SE'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.

Volatility by Period

	SE	SHOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.22%	15.49%	+7.73%
Volatility (6M) Calculated over the trailing 6-month period	36.92%	38.93%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	52.29%	60.86%	-8.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.23%	65.06%	-0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.84%	58.59%	+4.25%

Financials