SHOP vs. TTD
SHOP (Shopify Inc.) and TTD (The Trade Desk, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, SHOP returned -3.10%/yr vs -25.80%/yr for TTD. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
SHOP vs. TTD - Performance Comparison
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Returns By Period
In the year-to-date period, SHOP achieves a -19.07% return, which is significantly higher than TTD's -50.18% return.
SHOP
- 1D
- 2.68%
- 1M
- 11.48%
- 6M
- -5.25%
- YTD
- -19.07%
- 1Y
- 2.71%
- 3Y*
- 25.42%
- 5Y*
- -3.10%
- 10Y*
- 43.88%
- ALL TIME*
- 40.95%
TTD
- 1D
- 5.76%
- 1M
- 2.94%
- 6M
- -41.26%
- YTD
- -50.18%
- 1Y
- -78.62%
- 3Y*
- -40.65%
- 5Y*
- -25.80%
- 10Y*
- —
- ALL TIME*
- 21.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
SHOP Shopify Inc. | $1.03B | $942.68M | $1.17B |
| $252.10M | $259.11M | $386.65M |
SHOP vs. TTD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHOP Shopify Inc. | -19.07% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
TTD The Trade Desk, Inc. | -50.18% | -67.70% | 63.33% | 60.52% | -51.08% | 14.41% | 208.34% | 123.83% | 153.79% | 65.27% |
Correlation
The correlation between SHOP and TTD is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2016 | 0.57 |
The correlation between SHOP and TTD shifts across timeframes, from 0.40 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SHOP:
$169.06B
TTD:
$8.89B
SHOP:
$1.02
TTD:
$0.89
SHOP:
127.84
TTD:
21.16
SHOP:
0.25
TTD:
0.28
SHOP:
18.52
TTD:
3.08
SHOP:
13.58
TTD:
3.68
SHOP:
$9.20B
TTD:
$2.97B
SHOP:
$5.93B
TTD:
$2.31B
SHOP:
$1.60B
TTD:
$725.01M
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Return for Risk
SHOP vs. TTD — Risk / Return Rank
SHOP
TTD
SHOP vs. TTD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and The Trade Desk, Inc. (TTD). 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 | TTD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +2.90 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.67 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | -0.97 | +1.03 |
| Martin ratioReturn relative to average drawdown | 0.11 | -1.25 | +1.35 |
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Drawdowns
SHOP vs. TTD - Drawdown Comparison
The maximum SHOP drawdown since its inception was -84.82%, roughly equal to the maximum TTD drawdown of -87.97%. Use the drawdown chart below to compare losses from any high point for SHOP and TTD.
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Drawdown Indicators
| SHOP | TTD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.82% | -87.97% | +3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -46.71% | -81.29% | +34.58% |
Max Drawdown (3Y)Largest decline over 3 years | -46.71% | -87.97% | +41.26% |
Max Drawdown (5Y)Largest decline over 5 years | -84.82% | -87.97% | +3.15% |
Max Drawdown (10Y)Largest decline over 10 years | -84.82% | — | — |
Current DrawdownCurrent decline from peak | -27.22% | -86.45% | +59.23% |
Average DrawdownAverage peak-to-trough decline | -28.29% | -27.99% | -0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.17% | 63.08% | -37.91% |
Volatility
SHOP vs. TTD - Volatility Comparison
Shopify Inc. (SHOP) has a higher volatility of 16.10% compared to The Trade Desk, Inc. (TTD) at 14.00%. This indicates that SHOP's price experiences larger fluctuations and is considered to be riskier than TTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHOP | TTD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.10% | 14.00% | +2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 45.21% | 41.83% | +3.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.50% | 64.71% | -6.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.86% | 67.01% | -1.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.20% | 68.21% | -9.01% |
Dividends
SHOP vs. TTD - Dividend Comparison
Neither SHOP nor TTD has paid dividends to shareholders.
Financials
SHOP vs. TTD - Financials Comparison
This section allows you to compare key financial metrics between Shopify Inc. and The Trade Desk, 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 TTD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (16.10%) compared to TTD (14.00%). In terms of maximum drawdown, SHOP dropped -84.82% vs TTD's -87.97%.
SHOP currently has the higher Sharpe Ratio (0.05 vs -1.22), 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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