SE vs. SHOP
SE (Sea Limited) and SHOP (Shopify Inc.) are both stocks. SE operates in Electronic Gaming & Multimedia (Communication Services), while SHOP operates in Software - Application (Technology). Over the past 5 years, SE returned -17.31%/yr vs -4.82%/yr for SHOP. Their 0.49 correlation means their historical movements had little consistent relationship.
Performance
SE vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, SE achieves a -16.33% return, which is significantly higher than SHOP's -27.22% return.
SE
- 1D
- 0.47%
- 1M
- 3.33%
- 6M
- -8.37%
- YTD
- -16.33%
- 1Y
- -30.78%
- 3Y*
- 17.43%
- 5Y*
- -17.31%
- 10Y*
- —
- ALL TIME*
- 23.92%
SHOP
- 1D
- -4.29%
- 1M
- -1.93%
- 6M
- -10.73%
- YTD
- -27.22%
- 1Y
- -1.22%
- 3Y*
- 20.20%
- 5Y*
- -4.82%
- 10Y*
- 42.67%
- ALL TIME*
- 39.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $416.43M | $503.28M | $427.19M | |
SHOP Shopify Inc. | $1.12B | $980.06M | $1.18B |
SE vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SE Sea Limited | -16.33% | 20.24% | 161.98% | -22.16% | -76.74% | 12.39% | 394.90% | 255.30% | -15.08% | -17.97% |
SHOP Shopify Inc. | -27.22% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 2.80% |
Correlation
The correlation between SE and SHOP is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2017 | 0.49 |
The correlation between SE and SHOP shifts across timeframes, from 0.39 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SE:
$64.08B
SHOP:
$152.02B
SE:
$2.53
SHOP:
$1.02
SE:
42.20
SHOP:
114.96
SE:
0.20
SHOP:
0.22
SE:
2.70
SHOP:
16.65
SE:
5.28
SHOP:
12.21
SE:
$25.19B
SHOP:
$9.20B
SE:
$11.15B
SHOP:
$5.93B
SE:
$2.33B
SHOP:
$1.60B
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Return for Risk
SE vs. SHOP — Risk / Return Rank
SE
SHOP
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.
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.
| SE | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.04 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.09 | -0.44 |
| Martin ratioReturn relative to average drawdown | -0.79 | -0.16 | -0.62 |
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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.
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Drawdown Indicators
| SE | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.51% | -84.82% | -5.69% |
Max Drawdown (1Y)Largest decline over 1 year | -60.22% | -46.71% | -13.51% |
Max Drawdown (3Y)Largest decline over 3 years | -60.22% | -46.71% | -13.51% |
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 DrawdownCurrent decline from peak | -70.91% | -34.56% | -36.35% |
Average DrawdownAverage peak-to-trough decline | -44.53% | -28.29% | -16.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.54% | 25.40% | +15.14% |
Volatility
SE vs. SHOP - Volatility Comparison
The current volatility for Sea Limited (SE) is 11.04%, while Shopify Inc. (SHOP) has a volatility of 16.38%. This indicates that SE experiences smaller price fluctuations and is considered to be less risky 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
| SE | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.04% | 16.38% | -5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 39.24% | 45.57% | -6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.46% | 58.84% | -7.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.24% | 65.90% | -1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.35% | 59.22% | +3.13% |
Dividends
SE vs. SHOP - Dividend Comparison
Neither SE nor SHOP has paid dividends to shareholders.
Financials
SE vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Sea Limited 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
SE and SHOP 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.
SHOP has higher volatility (16.38%) compared to SE (11.04%). In terms of maximum drawdown, SE dropped -90.51% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.07 vs -0.62), 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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