SHOP.TO vs. SPOT
Compare and contrast key facts about Shopify Inc. (SHOP.TO) and Spotify Technology S.A. (SPOT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHOP.TO or SPOT.
Correlation
The correlation between SHOP.TO and SPOT is 0.47, 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
SHOP.TO vs. SPOT - Performance Comparison
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Key characteristics
SHOP.TO:
1.63
SPOT:
2.78
SHOP.TO:
2.33
SPOT:
3.44
SHOP.TO:
1.32
SPOT:
1.45
SHOP.TO:
1.44
SPOT:
4.86
SHOP.TO:
6.75
SPOT:
17.79
SHOP.TO:
13.89%
SPOT:
6.71%
SHOP.TO:
59.60%
SPOT:
43.50%
SHOP.TO:
-83.47%
SPOT:
-80.51%
SHOP.TO:
-27.61%
SPOT:
0.00%
Fundamentals
SHOP.TO:
CA$200.98B
SPOT:
$134.58B
SHOP.TO:
CA$1.72
SPOT:
$6.23
SHOP.TO:
90.06
SPOT:
105.35
SHOP.TO:
1.12
SPOT:
1.61
SHOP.TO:
21.43
SPOT:
8.29
SHOP.TO:
13.01
SPOT:
19.27
SHOP.TO:
CA$9.38B
SPOT:
$16.23B
SHOP.TO:
CA$4.68B
SPOT:
$5.03B
SHOP.TO:
CA$584.00M
SPOT:
$1.62B
Returns By Period
In the year-to-date period, SHOP.TO achieves a 1.25% return, which is significantly lower than SPOT's 48.56% return.
SHOP.TO
1.25%
33.51%
4.32%
94.54%
48.03%
7.42%
N/A
SPOT
48.56%
15.74%
46.28%
119.48%
83.67%
28.49%
N/A
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Risk-Adjusted Performance
SHOP.TO vs. SPOT — Risk-Adjusted Performance Rank
SHOP.TO
SPOT
SHOP.TO vs. SPOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP.TO) and Spotify Technology S.A. (SPOT). 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.
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Dividends
SHOP.TO vs. SPOT - Dividend Comparison
Neither SHOP.TO nor SPOT has paid dividends to shareholders.
Drawdowns
SHOP.TO vs. SPOT - Drawdown Comparison
The maximum SHOP.TO drawdown since its inception was -83.47%, roughly equal to the maximum SPOT drawdown of -80.51%. Use the drawdown chart below to compare losses from any high point for SHOP.TO and SPOT. For additional features, visit the drawdowns tool.
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Volatility
SHOP.TO vs. SPOT - Volatility Comparison
Shopify Inc. (SHOP.TO) has a higher volatility of 18.21% compared to Spotify Technology S.A. (SPOT) at 14.54%. This indicates that SHOP.TO's price experiences larger fluctuations and is considered to be riskier than SPOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
SHOP.TO vs. SPOT - Financials Comparison
This section allows you to compare key financial metrics between Shopify Inc. and Spotify Technology S.A.. 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
SHOP.TO vs. SPOT - Profitability Comparison
SHOP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Shopify Inc. reported a gross profit of 1.17B and revenue of 2.36B. Therefore, the gross margin over that period was 49.5%.
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Spotify Technology S.A. reported a gross profit of 1.33B and revenue of 4.19B. Therefore, the gross margin over that period was 31.7%.
SHOP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Shopify Inc. reported an operating income of 203.00M and revenue of 2.36B, resulting in an operating margin of 8.6%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Spotify Technology S.A. reported an operating income of 509.00M and revenue of 4.19B, resulting in an operating margin of 12.2%.
SHOP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Shopify Inc. reported a net income of -682.00M and revenue of 2.36B, resulting in a net margin of -28.9%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Spotify Technology S.A. reported a net income of 225.00M and revenue of 4.19B, resulting in a net margin of 5.4%.