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 42.67%/yr vs 7.19%/yr for ASM. Their 0.15 correlation means their historical movements had little consistent relationship.
Performance
SHOP vs. ASM - Performance Comparison
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Returns By Period
In the year-to-date period, SHOP achieves a -27.22% return, which is significantly lower than ASM's -13.62% return. Over the past 10 years, SHOP has outperformed ASM with an annualized return of 42.67%, while ASM has yielded a comparatively lower 7.19% annualized return.
SHOP
- 1D
- -4.29%
- 1M
- -3.68%
- 6M
- -10.73%
- YTD
- -27.22%
- 1Y
- -4.14%
- 3Y*
- 20.20%
- 5Y*
- -4.82%
- 10Y*
- 42.67%
- ALL TIME*
- 39.59%
ASM
- 1D
- -3.62%
- 1M
- -15.65%
- 6M
- -40.33%
- YTD
- -13.62%
- 1Y
- 68.16%
- 3Y*
- 95.22%
- 5Y*
- 38.05%
- 10Y*
- 7.19%
- ALL TIME*
- 6.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.80M | $17.78M | $25.63M | |
SHOP Shopify Inc. | $1.12B | $980.06M | $1.18B |
SHOP vs. ASM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHOP Shopify Inc. | -27.22% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
ASM Avino Silver & Gold Mines Ltd. | -13.62% | 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 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.15 |
Fundamentals
SHOP:
$152.02B
ASM:
$907.17M
SHOP:
$1.02
ASM:
$0.22
SHOP:
114.96
ASM:
23.85
SHOP:
0.22
ASM:
0.07
SHOP:
16.65
ASM:
7.95
SHOP:
12.21
ASM:
3.35
SHOP:
$9.20B
ASM:
$110.70M
SHOP:
$5.93B
ASM:
$59.09M
SHOP:
$1.60B
ASM:
$55.20M
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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 | 1.04 | 1.19 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 1.30 | -1.39 |
| Martin ratioReturn relative to average drawdown | -0.16 | 2.33 | -2.50 |
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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.
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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% | -52.81% | +6.10% |
Max Drawdown (3Y)Largest decline over 3 years | -46.71% | -52.81% | +6.10% |
Max Drawdown (5Y)Largest decline over 5 years | -84.82% | -60.20% | -24.62% |
Max Drawdown (10Y)Largest decline over 10 years | -84.82% | -90.00% | +5.18% |
Current DrawdownCurrent decline from peak | -34.56% | -52.27% | +17.71% |
Average DrawdownAverage peak-to-trough decline | -28.29% | -63.65% | +35.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.40% | 29.32% | -3.92% |
Volatility
SHOP vs. ASM - Volatility Comparison
The current volatility for Shopify Inc. (SHOP) is 16.38%, while Avino Silver & Gold Mines Ltd. (ASM) has a volatility of 22.56%. 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.
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Volatility by Period
| SHOP | ASM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.38% | 22.56% | -6.18% |
Volatility (6M)Calculated over the trailing 6-month period | 45.57% | 63.44% | -17.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.84% | 82.98% | -24.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.90% | 66.60% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.22% | 69.91% | -10.69% |
Dividends
SHOP vs. ASM - Dividend Comparison
SHOP has not paid dividends to shareholders, while ASM's dividend yield for the trailing twelve months is around 0.68%.
| Position | TTM |
|---|---|
ASM Avino Silver & Gold Mines Ltd. | 0.68% |
SHOP Shopify Inc. | 0.00% |
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 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASM has higher volatility (22.56%) compared to SHOP (16.38%). In terms of maximum drawdown, SHOP dropped -84.82% vs ASM's -94.10%.
ASM currently has the higher Sharpe Ratio (0.83 vs -0.07), 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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