PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
SHOP vs. NOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SHOP and NOW is 0.61, 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.

SHOP vs. NOW

Last updated May 29, 2025

Compare and contrast key facts about Shopify Inc. (SHOP) and ServiceNow, Inc. (NOW).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHOP or NOW.

Performance

SHOP vs. NOW - Performance Comparison

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

Loading data...

Key characteristics

Sharpe Ratio

SHOP:

1.40

NOW:

0.93

Sortino Ratio

SHOP:

2.20

NOW:

1.37

Omega Ratio

SHOP:

1.29

NOW:

1.19

Calmar Ratio

SHOP:

1.24

NOW:

0.91

Martin Ratio

SHOP:

6.03

NOW:

2.49

Ulcer Index

SHOP:

14.23%

NOW:

13.92%

Daily Std Dev

SHOP:

60.48%

NOW:

43.60%

Max Drawdown

SHOP:

-84.82%

NOW:

-51.30%

Current Drawdown

SHOP:

-36.64%

NOW:

-12.74%

Fundamentals

Market Cap

SHOP:

$139.31B

NOW:

$212.65B

EPS

SHOP:

$1.23

NOW:

$7.50

PE Ratio

SHOP:

86.78

NOW:

136.99

PEG Ratio

SHOP:

1.12

NOW:

2.29

PS Ratio

SHOP:

14.85

NOW:

18.54

PB Ratio

SHOP:

12.53

NOW:

20.97

Total Revenue (TTM)

SHOP:

$9.38B

NOW:

$11.47B

Gross Profit (TTM)

SHOP:

$4.68B

NOW:

$9.05B

EBITDA (TTM)

SHOP:

$1.23B

NOW:

$2.34B

Returns By Period

In the year-to-date period, SHOP achieves a 0.73% return, which is significantly higher than NOW's -3.66% return. Over the past 10 years, SHOP has outperformed NOW with an annualized return of 44.39%, while NOW has yielded a comparatively lower 29.56% annualized return.

SHOP

YTD

0.73%

1M

8.66%

6M

-4.82%

1Y

84.07%

3Y*

42.64%

5Y*

7.17%

10Y*

44.39%

NOW

YTD

-3.66%

1M

8.95%

6M

-1.93%

1Y

40.12%

3Y*

28.95%

5Y*

21.36%

10Y*

29.56%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Shopify Inc.

ServiceNow, Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

SHOP vs. NOW — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SHOP
The Risk-Adjusted Performance Rank of SHOP is 8888
Overall Rank
The Sharpe Ratio Rank of SHOP is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of SHOP is 8888
Sortino Ratio Rank
The Omega Ratio Rank of SHOP is 8787
Omega Ratio Rank
The Calmar Ratio Rank of SHOP is 8686
Calmar Ratio Rank
The Martin Ratio Rank of SHOP is 8888
Martin Ratio Rank
NOW
The Risk-Adjusted Performance Rank of NOW is 7777
Overall Rank
The Sharpe Ratio Rank of NOW is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of NOW is 7474
Sortino Ratio Rank
The Omega Ratio Rank of NOW is 7575
Omega Ratio Rank
The Calmar Ratio Rank of NOW is 8282
Calmar Ratio Rank
The Martin Ratio Rank of NOW is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SHOP vs. NOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and ServiceNow, Inc. (NOW). 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.

The current SHOP Sharpe Ratio is 1.40, which is higher than the NOW Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of SHOP and NOW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

SHOP vs. NOW - Dividend Comparison

Neither SHOP nor NOW has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SHOP vs. NOW - Drawdown Comparison

The maximum SHOP drawdown since its inception was -84.82%, which is greater than NOW's maximum drawdown of -51.30%. Use the drawdown chart below to compare losses from any high point for SHOP and NOW.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

SHOP vs. NOW - Volatility Comparison

Shopify Inc. (SHOP) has a higher volatility of 17.56% compared to ServiceNow, Inc. (NOW) at 6.23%. This indicates that SHOP's price experiences larger fluctuations and is considered to be riskier than NOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading data...

Financials

SHOP vs. NOW - Financials Comparison

This section allows you to compare key financial metrics between Shopify Inc. and ServiceNow, 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.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

500.00M1.00B1.50B2.00B2.50B3.00B20212022202320242025
2.36B
3.09B
(SHOP) Total Revenue
(NOW) Total Revenue
Values in USD except per share items

SHOP vs. NOW - Profitability Comparison

The chart below illustrates the profitability comparison between Shopify Inc. and ServiceNow, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.
Gross Margin
Operating Margin
Net Margin
Quarterly
Annual
50.0%60.0%70.0%80.0%20212022202320242025
49.5%
78.9%
(SHOP) Gross Margin
(NOW) Gross Margin
SHOP - 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%.

NOW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ServiceNow, Inc. reported a gross profit of 2.44B and revenue of 3.09B. Therefore, the gross margin over that period was 78.9%.

SHOP - 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%.

NOW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ServiceNow, Inc. reported an operating income of 451.00M and revenue of 3.09B, resulting in an operating margin of 14.6%.

SHOP - 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%.

NOW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ServiceNow, Inc. reported a net income of 460.00M and revenue of 3.09B, resulting in a net margin of 14.9%.