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SHOP vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

SHOP vs. USD=X - Performance Comparison

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

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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%

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SHOP vs. USD=X - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SHOP
Shopify Inc.
-32.76%51.39%36.50%124.43%-74.80%21.68%184.71%187.17%37.08%135.60%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

SHOP vs. USD=X — Risk / Return Rank

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

SHOP
SHOP Risk / Return Rank: 4242
Overall Rank
SHOP Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
SHOP Sortino Ratio Rank: 4141
Sortino Ratio Rank
SHOP Omega Ratio Rank: 4141
Omega Ratio Rank
SHOP Calmar Ratio Rank: 4242
Calmar Ratio Rank
SHOP Martin Ratio Rank: 4242
Martin Ratio Rank

USD=X

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. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and USD Cash (USD=X). 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.


SHOPUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.05

Calmar ratioReturn relative to maximum drawdown

-0.02

Martin ratioReturn relative to average drawdown

-0.04

SHOP vs. USD=X - Sharpe Ratio Comparison


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Drawdowns

SHOP vs. USD=X - Drawdown Comparison

The maximum SHOP drawdown since its inception was -84.82%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SHOP and USD=X.


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Drawdown Indicators


SHOPUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-84.82%

0.00%

-84.82%

Max Drawdown (1Y)

Largest decline over 1 year

-46.71%

0.00%

-46.71%

Max Drawdown (3Y)

Largest decline over 3 years

-46.71%

0.00%

-46.71%

Max Drawdown (5Y)

Largest decline over 5 years

-84.82%

0.00%

-84.82%

Max Drawdown (10Y)

Largest decline over 10 years

-84.82%

0.00%

-84.82%

Current Drawdown

Current decline from peak

-39.53%

0.00%

-39.53%

Average Drawdown

Average peak-to-trough decline

-28.23%

0.00%

-28.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.27%

0.00%

+22.27%

Volatility

SHOP vs. USD=X - Volatility Comparison

Shopify Inc. (SHOP) has a higher volatility of 15.38% compared to USD Cash (USD=X) at 0.00%. This indicates that SHOP's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SHOPUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.38%

0.00%

+15.38%

Volatility (6M)

Calculated over the trailing 6-month period

43.41%

0.00%

+43.41%

Volatility (1Y)

Calculated over the trailing 1-year period

57.03%

0.00%

+57.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

65.55%

0.00%

+65.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

59.07%

0.00%

+59.07%

Frequently Asked Questions


SHOP has higher volatility (15.38%) compared to USD=X (0.00%). In terms of maximum drawdown, SHOP dropped -84.82% vs USD=X's 0.00%.

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Find the right allocation for SHOP and USD=X

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