SHOP vs. ASM
SHOP (Shopify Inc.) and ASM (Avino Silver & Gold Mines Ltd.) are both stocks. SHOP operates in Software - Application (Technology), while ASM operates in Other Precious Metals & Mining (Basic Materials). Over the past 10 years, SHOP returned 43.59%/yr vs 11.05%/yr for ASM. At a 0.15 correlation, their price movements are largely independent.
Performance
SHOP vs. ASM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHOP achieves a -32.76% return, which is significantly lower than ASM's 2.90% return. Over the past 10 years, SHOP has outperformed ASM with an annualized return of 43.59%, while ASM has yielded a comparatively lower 11.05% annualized return.
SHOP
- 1D
- -2.02%
- 1M
- 7.94%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- 2.75%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
ASM
- 1D
- 6.86%
- 1M
- -10.50%
- YTD
- 2.90%
- 6M
- 7.58%
- 1Y
- 79.49%
- 3Y*
- 109.07%
- 5Y*
- 37.29%
- 10Y*
- 11.05%
SHOP vs. ASM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHOP Shopify Inc. | -32.76% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
ASM Avino Silver & Gold Mines Ltd. | 2.90% | 604.88% | 68.13% | -22.95% | -21.01% | -33.77% | 124.14% | -4.92% | -54.48% | -2.19% |
Correlation
The correlation between SHOP and ASM is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.15 |
Fundamentals
SHOP:
$141.08B
ASM:
$1.11B
SHOP:
$1.02
ASM:
$0.23
SHOP:
106.25
ASM:
28.13
SHOP:
0.20
ASM:
0.08
SHOP:
15.39
ASM:
9.37
SHOP:
11.29
ASM:
4.02
SHOP:
$9.20B
ASM:
$110.70M
SHOP:
$5.93B
ASM:
$59.09M
SHOP:
$1.60B
ASM:
$55.20M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SHOP vs. ASM — Risk / Return Rank
SHOP
ASM
SHOP vs. ASM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and Avino Silver & Gold Mines Ltd. (ASM). 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.
| SHOP | ASM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.20 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.39 | -1.40 |
| Martin ratioReturn relative to average drawdown | -0.04 | 2.95 | -2.99 |
Loading charts...
Drawdowns
SHOP vs. ASM - Drawdown Comparison
The maximum SHOP drawdown since its inception was -84.82%, smaller than the maximum ASM drawdown of -94.10%. Use the drawdown chart below to compare losses from any high point for SHOP and ASM.
Loading charts...
Drawdown Indicators
| SHOP | ASM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.82% | -94.10% | +9.28% |
Max Drawdown (1Y)Largest decline over 1 year | -46.71% | -52.40% | +5.69% |
Max Drawdown (3Y)Largest decline over 3 years | -46.71% | -52.40% | +5.69% |
Max Drawdown (5Y)Largest decline over 5 years | -84.82% | -67.29% | -17.53% |
Max Drawdown (10Y)Largest decline over 10 years | -84.82% | -90.91% | +6.09% |
Current DrawdownCurrent decline from peak | -39.53% | -43.15% | +3.62% |
Average DrawdownAverage peak-to-trough decline | -28.23% | -63.76% | +35.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.27% | 24.57% | -2.30% |
Volatility
SHOP vs. ASM - Volatility Comparison
The current volatility for Shopify Inc. (SHOP) is 15.38%, while Avino Silver & Gold Mines Ltd. (ASM) has a volatility of 26.77%. This indicates that SHOP experiences smaller price fluctuations and is considered to be less risky than ASM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SHOP | ASM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.38% | 26.77% | -11.39% |
Volatility (6M)Calculated over the trailing 6-month period | 43.41% | 65.36% | -21.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.03% | 82.16% | -25.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.55% | 66.03% | -0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.07% | 69.72% | -10.65% |
Dividends
SHOP vs. ASM - Dividend Comparison
Neither SHOP nor ASM has paid dividends to shareholders.
Financials
SHOP vs. ASM - Financials Comparison
This section allows you to compare key financial metrics between Shopify Inc. and Avino Silver & Gold Mines 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
Frequently Asked Questions
SHOP and ASM have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASM has higher volatility (26.77%) compared to SHOP (15.38%). In terms of maximum drawdown, SHOP dropped -84.82% vs ASM's -94.10%.
ASM currently has the higher Sharpe Ratio (0.89 vs -0.02), 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.
Find the right allocation for SHOP and ASM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer