SHOP vs. ENV

Last updated Jun 13, 2026

SHOP (Shopify Inc.) and ENV (Envestnet, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. At a 0.30 correlation, their price movements are largely independent.

Performance

SHOP vs. ENV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shopify Inc. (SHOP) and Envestnet, Inc. (ENV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

ENV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SHOP vs. ENV - 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%
ENV Envestnet, Inc.	0.00%	0.00%	27.50%	-19.74%	-22.23%	-3.58%	18.18%	41.55%	-1.32%	41.42%

Correlation

The correlation between SHOP and ENV is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since May 21, 2015	0.30

The correlation between SHOP and ENV shifts across timeframes, from 0.15 (3 years) to 0.32 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) SHOP : $9.20B ENV : $1.34B
Gross Profit (TTM) SHOP : $5.93B ENV : $911.20M
EBITDA (TTM) SHOP : $1.60B ENV : -$92.97M

Return for Risk

SHOP vs. ENV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SHOP

SHOP Risk / Return Rank: 42
SHOP Sharpe Ratio Rank: 42
SHOP Sortino Ratio Rank: 41
SHOP Omega Ratio Rank: 41
SHOP Calmar Ratio Rank: 42
SHOP Martin Ratio Rank: 42

ENV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SHOP vs. ENV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and Envestnet, Inc. (ENV). 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	ENV	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	—	—
Sortino ratio: Return per unit of downside risk	0.39	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	-0.02	—	—
Martin ratio: Return relative to average drawdown	-0.04	—	—

Drawdowns

Drawdown Indicators

	SHOP	ENV	Difference
Max Drawdown Largest peak-to-trough decline	-84.82%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-46.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-46.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-84.82%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-84.82%	—	—
Current Drawdown Current decline from peak	-39.53%	—	—
Average Drawdown Average peak-to-trough decline	-28.23%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	22.27%	—	—

Volatility

Volatility by Period

	SHOP	ENV	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	43.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.55%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.07%	—	—

Dividends

SHOP vs. ENV - Dividend Comparison

Neither SHOP nor ENV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SHOP and ENV in my portfolio?

SHOP and ENV have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.