SHOP vs. SE

Last updated Apr 1, 2026

Compare and contrast key facts about Shopify Inc. (SHOP) and Sea Limited (SE).

Performance

SHOP vs. SE - Performance Comparison

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

SHOP vs. SE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHOP Shopify Inc.	-26.31%	51.39%	36.50%	124.43%	-74.80%	21.68%	184.71%	187.17%	37.08%	-1.08%
SE Sea Limited	-35.09%	20.24%	161.98%	-22.16%	-76.74%	12.39%	394.90%	255.30%	-15.08%	-18.02%

Fundamentals

EPS SHOP : $1.41 SE : $2.55
PE Ratio SHOP : 84.21 SE : 32.49
PEG Ratio SHOP : 0.16 SE : 0.15
PS Ratio SHOP : 13.15 SE : 2.25
Total Revenue (TTM) SHOP : $7.88B SE : $22.94B
Gross Profit (TTM) SHOP : $5.56B SE : $10.24B
EBITDA (TTM) SHOP : $1.61B SE : $2.21B

Returns By Period

In the year-to-date period, SHOP achieves a -26.31% return, which is significantly higher than SE's -35.09% return.

SHOP

• 1D: 6.13%
• 1M: -1.75%
• YTD: -26.31%
• 6M: -20.18%
• 1Y: 24.24%
• 3Y*: 35.25%
• 5Y*: 0.53%
• 10Y*: 45.21%

SE

• 1D: 5.75%
• 1M: -23.64%
• YTD: -35.09%
• 6M: -53.67%
• 1Y: -36.54%
• 3Y*: -1.46%
• 5Y*: -18.93%
• 10Y*: —

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

Return for Risk

SHOP vs. SE — Risk / Return Rank

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

SHOP

SHOP Risk / Return Rank: 57
SHOP Sharpe Ratio Rank: 57
SHOP Sortino Ratio Rank: 57
SHOP Omega Ratio Rank: 56
SHOP Calmar Ratio Rank: 56
SHOP Martin Ratio Rank: 58

SE

SE Risk / Return Rank: 15
SE Sharpe Ratio Rank: 12
SE Sortino Ratio Rank: 14
SE Omega Ratio Rank: 14
SE Calmar Ratio Rank: 22
SE Martin Ratio Rank: 15

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. SE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and Sea Limited (SE). 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.

	SHOP	SE	Difference
Sharpe ratio Return per unit of total volatility	0.40	-0.70	+1.10
Sortino ratio Return per unit of downside risk	1.01	-0.83	+1.85
Omega ratio Gain probability vs. loss probability	1.13	0.89	+0.24
Calmar ratio Return relative to maximum drawdown	0.59	-0.61	+1.20
Martin ratio Return relative to average drawdown	1.44	-1.35	+2.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHOP vs. SE - Sharpe Ratio Comparison

The current SHOP Sharpe Ratio is 0.40, which is higher than the SE Sharpe Ratio of -0.70. The chart below compares the historical Sharpe Ratios of SHOP and SE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SHOP	SE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	-0.70	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	-0.30	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.34	+0.38

Correlation

The correlation between SHOP and SE is 0.50, 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.

Dividends

SHOP vs. SE - Dividend Comparison

Neither SHOP nor SE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SHOP vs. SE - Drawdown Comparison

The maximum SHOP drawdown since its inception was -84.82%, smaller than the maximum SE drawdown of -90.51%. Use the drawdown chart below to compare losses from any high point for SHOP and SE.

Drawdown Indicators

	SHOP	SE	Difference
Max Drawdown Largest peak-to-trough decline	-84.82%	-90.51%	+5.69%
Max Drawdown (1Y) Largest decline over 1 year	-38.18%	-60.22%	+22.04%
Max Drawdown (5Y) Largest decline over 5 years	-84.82%	-90.51%	+5.69%
Max Drawdown (10Y) Largest decline over 10 years	-84.82%	—	—
Current Drawdown Current decline from peak	-33.74%	-77.44%	+43.70%
Average Drawdown Average peak-to-trough decline	-28.09%	-43.35%	+15.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.78%	27.06%	-11.28%

Volatility

SHOP vs. SE - Volatility Comparison

The current volatility for Shopify Inc. (SHOP) is 15.49%, while Sea Limited (SE) has a volatility of 23.22%. This indicates that SHOP experiences smaller price fluctuations and is considered to be less risky than SE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHOP	SE	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.49%	23.22%	-7.73%
Volatility (6M) Calculated over the trailing 6-month period	38.93%	36.92%	+2.01%
Volatility (1Y) Calculated over the trailing 1-year period	60.86%	52.29%	+8.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.06%	64.23%	+0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.59%	62.84%	-4.25%

Financials