SHOP vs. SMCI
SHOP (Shopify Inc.) and SMCI (Super Micro Computer, Inc.) are both stocks. Both are in the Technology sector — SHOP in Software - Application, SMCI in Computer Hardware. Over the past 10 years, SHOP returned 44.31%/yr vs 32.81%/yr for SMCI. At a 0.29 correlation, their price movements are largely independent.
Performance
SHOP vs. SMCI - Performance Comparison
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Returns By Period
In the year-to-date period, SHOP achieves a -31.18% return, which is significantly lower than SMCI's 50.29% return. Over the past 10 years, SHOP has outperformed SMCI with an annualized return of 44.31%, while SMCI has yielded a comparatively lower 32.81% annualized return.
SHOP
- 1D
- 1.13%
- 1M
- 0.34%
- YTD
- -31.18%
- 6M
- -30.07%
- 1Y
- -0.57%
- 3Y*
- 21.77%
- 5Y*
- -1.84%
- 10Y*
- 44.31%
SMCI
- 1D
- 5.64%
- 1M
- 24.37%
- YTD
- 50.29%
- 6M
- 24.37%
- 1Y
- 5.87%
- 3Y*
- 18.91%
- 5Y*
- 64.69%
- 10Y*
- 32.81%
SHOP vs. SMCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHOP Shopify Inc. | -31.18% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
SMCI Super Micro Computer, Inc. | 50.29% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 31.81% | 74.06% | -34.07% | -25.38% |
Correlation
The correlation between SHOP and SMCI is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 22, 2015 | 0.29 |
Fundamentals
SHOP:
$144.39B
SMCI:
$29.63B
SHOP:
$1.02
SMCI:
$2.70
SHOP:
108.75
SMCI:
16.27
SHOP:
0.21
SMCI:
0.36
SHOP:
15.75
SMCI:
0.86
SHOP:
11.55
SMCI:
3.91
SHOP:
$9.20B
SMCI:
$33.70B
SHOP:
$5.93B
SMCI:
$2.83B
SHOP:
$1.60B
SMCI:
$1.47B
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Return for Risk
SHOP vs. SMCI — Risk / Return Rank
SHOP
SMCI
SHOP vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and Super Micro Computer, Inc. (SMCI). 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 | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.09 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.09 | -0.10 |
| Martin ratioReturn relative to average drawdown | -0.03 | 0.15 | -0.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHOP | SMCI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.07 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.76 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.47 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.36 | +0.32 |
Drawdowns
SHOP vs. SMCI - Drawdown Comparison
The maximum SHOP drawdown since its inception was -84.82%, roughly equal to the maximum SMCI drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for SHOP and SMCI.
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Drawdown Indicators
| SHOP | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.82% | -84.84% | +0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -46.71% | -66.18% | +19.47% |
Max Drawdown (3Y)Largest decline over 3 years | -46.71% | -84.84% | +38.13% |
Max Drawdown (5Y)Largest decline over 5 years | -84.82% | -84.84% | +0.02% |
Max Drawdown (10Y)Largest decline over 10 years | -84.82% | -84.84% | +0.02% |
Current DrawdownCurrent decline from peak | -38.12% | -62.97% | +24.85% |
Average DrawdownAverage peak-to-trough decline | -28.22% | -31.96% | +3.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.74% | 38.91% | -17.17% |
Volatility
SHOP vs. SMCI - Volatility Comparison
The current volatility for Shopify Inc. (SHOP) is 17.86%, while Super Micro Computer, Inc. (SMCI) has a volatility of 26.36%. This indicates that SHOP experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHOP | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.86% | 26.36% | -8.50% |
Volatility (6M)Calculated over the trailing 6-month period | 43.67% | 67.65% | -23.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.27% | 79.63% | -22.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.57% | 85.44% | -19.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.09% | 70.55% | -11.46% |
Dividends
SHOP vs. SMCI - Dividend Comparison
Neither SHOP nor SMCI has paid dividends to shareholders.
Financials
SHOP vs. SMCI - Financials Comparison
This section allows you to compare key financial metrics between Shopify Inc. and Super Micro Computer, 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 SMCI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (26.36%) compared to SHOP (17.86%). In terms of maximum drawdown, SHOP dropped -84.82% vs SMCI's -84.84%.
SMCI currently has the higher Sharpe Ratio (0.07 vs -0.01), 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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