SHOP vs. AYA.TO
SHOP (Shopify Inc.) and AYA.TO (Aya Gold & Silver Inc.) are both stocks. SHOP operates in Software - Application (Technology), while AYA.TO operates in Other Precious Metals & Mining (Basic Materials). Over the past 10 years, SHOP returned 43.59%/yr vs 45.59%/yr for AYA.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
SHOP vs. AYA.TO - Performance Comparison
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Different Trading Currencies
SHOP is traded in USD, while AYA.TO is traded in CAD. To make them comparable, the AYA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SHOP achieves a -32.76% return, which is significantly lower than AYA.TO's 30.26% return. Both investments have delivered pretty close results over the past 10 years, with SHOP having a 43.59% annualized return and AYA.TO not far ahead at 45.59%.
SHOP
- 1D
- -2.02%
- 1M
- 13.46%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- -0.89%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
AYA.TO
- 1D
- 7.18%
- 1M
- -12.73%
- YTD
- 30.26%
- 6M
- 22.72%
- 1Y
- 94.00%
- 3Y*
- 40.51%
- 5Y*
- 22.08%
- 10Y*
- 45.59%
SHOP vs. AYA.TO - 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% |
AYA.TO Aya Gold & Silver Inc. | 30.26% | 91.62% | 1.97% | 10.27% | -11.18% | 148.17% | 102.23% | 6.48% | 7.43% | 214.13% |
Correlation
The correlation between SHOP and AYA.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.10 |
The correlation between SHOP and AYA.TO shifts across timeframes, from 0.10 (10 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SHOP:
$141.08B
AYA.TO:
CA$3.88B
SHOP:
$1.02
AYA.TO:
$0.60
SHOP:
106.25
AYA.TO:
31.07
SHOP:
0.20
AYA.TO:
0.06
SHOP:
15.39
AYA.TO:
9.44
SHOP:
11.29
AYA.TO:
6.06
SHOP:
$9.20B
AYA.TO:
$283.62M
SHOP:
$5.93B
AYA.TO:
$155.19M
SHOP:
$1.60B
AYA.TO:
$167.72M
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Return for Risk
SHOP vs. AYA.TO — Risk / Return Rank
SHOP
AYA.TO
SHOP vs. AYA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and Aya Gold & Silver Inc. (AYA.TO). 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 | AYA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.23 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 2.27 | -2.29 |
| Martin ratioReturn relative to average drawdown | -0.04 | 6.06 | -6.10 |
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Drawdowns
SHOP vs. AYA.TO - Drawdown Comparison
The maximum SHOP drawdown since its inception was -84.82%, roughly equal to the maximum AYA.TO drawdown of -87.28%. Use the drawdown chart below to compare losses from any high point for SHOP and AYA.TO.
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Drawdown Indicators
| SHOP | AYA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.82% | -87.28% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -46.71% | -41.64% | -5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -46.71% | -55.59% | +8.88% |
Max Drawdown (5Y)Largest decline over 5 years | -84.82% | -56.77% | -28.05% |
Max Drawdown (10Y)Largest decline over 10 years | -84.82% | -74.18% | -10.64% |
Current DrawdownCurrent decline from peak | -39.53% | -13.48% | -26.05% |
Average DrawdownAverage peak-to-trough decline | -28.23% | -40.11% | +11.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.27% | 15.57% | +6.70% |
Volatility
SHOP vs. AYA.TO - Volatility Comparison
The current volatility for Shopify Inc. (SHOP) is 15.38%, while Aya Gold & Silver Inc. (AYA.TO) has a volatility of 30.52%. This indicates that SHOP experiences smaller price fluctuations and is considered to be less risky than AYA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHOP | AYA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.38% | 30.52% | -15.14% |
Volatility (6M)Calculated over the trailing 6-month period | 43.41% | 58.49% | -15.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.03% | 78.41% | -21.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.55% | 67.96% | -2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.07% | 78.18% | -19.11% |
Dividends
SHOP vs. AYA.TO - Dividend Comparison
Neither SHOP nor AYA.TO has paid dividends to shareholders.
Financials
SHOP vs. AYA.TO - Financials Comparison
This section allows you to compare key financial metrics between Shopify Inc. and Aya Gold & Silver 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
SHOP and AYA.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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