SN vs. AFRM

Last updated Jun 3, 2026

SN (SharkNinja Inc.) and AFRM (Affirm Holdings, Inc.) are both stocks. SN operates in Furnishings, Fixtures & Appliances (Consumer Cyclical), while AFRM operates in Information Technology Services (Technology). Over the past year, SN returned 32.48% vs 34.23% for AFRM. At a 0.32 correlation, their price movements are largely independent.

Performance

SN vs. AFRM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SharkNinja Inc. (SN) and Affirm Holdings, Inc. (AFRM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SN achieves a 9.28% return, which is significantly higher than AFRM's -4.59% return.

SN

• 1D: -0.31%
• 1M: 6.66%
• YTD: 9.28%
• 6M: 20.56%
• 1Y: 32.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AFRM

• 1D: -2.61%
• 1M: 5.14%
• YTD: -4.59%
• 6M: 5.95%
• 1Y: 34.23%
• 3Y*: 65.38%
• 5Y*: 2.34%
• 10Y*: —

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

SN vs. AFRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SN SharkNinja Inc.	9.28%	14.93%	90.27%	23.82%
AFRM Affirm Holdings, Inc.	-4.59%	22.22%	23.93%	153.43%

Correlation

The correlation between SN and AFRM is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.32

Fundamentals

Market Cap SN : $17.41B AFRM : $24.72B
EPS SN : $4.96 AFRM : $1.10
PE Ratio SN : 24.65 AFRM : 64.45
PS Ratio SN : 3.36 AFRM : 7.70
PB Ratio SN : 6.30 AFRM : 6.53
Total Revenue (TTM) SN : $5.18B AFRM : $3.20B
Gross Profit (TTM) SN : $3.22B AFRM : $2.00B
EBITDA (TTM) SN : $1.06B AFRM : $908.84M

Return for Risk

SN vs. AFRM — Risk / Return Rank

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

SN

SN Risk / Return Rank: 62
SN Sharpe Ratio Rank: 66
SN Sortino Ratio Rank: 62
SN Omega Ratio Rank: 58
SN Calmar Ratio Rank: 62
SN Martin Ratio Rank: 62

AFRM

AFRM Risk / Return Rank: 56
AFRM Sharpe Ratio Rank: 59
AFRM Sortino Ratio Rank: 57
AFRM Omega Ratio Rank: 55
AFRM Calmar Ratio Rank: 56
AFRM Martin Ratio Rank: 55

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.

SN vs. AFRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SharkNinja Inc. (SN) and Affirm Holdings, Inc. (AFRM). 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.

	SN	AFRM	Difference
Sharpe ratio Return per unit of total volatility	0.79	0.57	+0.22
Sortino ratio Return per unit of downside risk	1.37	1.18	+0.18
Omega ratio Gain probability vs. loss probability	1.16	1.14	+0.02
Calmar ratio Return relative to maximum drawdown	1.09	0.68	+0.41
Martin ratio Return relative to average drawdown	2.42	1.39	+1.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SN vs. AFRM - Sharpe Ratio Comparison

The current SN Sharpe Ratio is 0.79, which is higher than the AFRM Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of SN and AFRM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SN	AFRM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	0.57	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	-0.06	+1.02

Drawdowns

SN vs. AFRM - Drawdown Comparison

The maximum SN drawdown since its inception was -42.64%, smaller than the maximum AFRM drawdown of -94.71%. Use the drawdown chart below to compare losses from any high point for SN and AFRM.

Drawdown Indicators

	SN	AFRM	Difference
Max Drawdown Largest peak-to-trough decline	-42.64%	-94.71%	+52.07%
Max Drawdown (1Y) Largest decline over 1 year	-30.23%	-53.86%	+23.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-55.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-94.71%	—
Current Drawdown Current decline from peak	-6.98%	-57.86%	+50.88%
Average Drawdown Average peak-to-trough decline	-9.38%	-68.74%	+59.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.61%	26.56%	-12.95%

Volatility

SN vs. AFRM - Volatility Comparison

The current volatility for SharkNinja Inc. (SN) is 12.75%, while Affirm Holdings, Inc. (AFRM) has a volatility of 14.11%. This indicates that SN experiences smaller price fluctuations and is considered to be less risky than AFRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SN	AFRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.75%	14.11%	-1.36%
Volatility (6M) Calculated over the trailing 6-month period	30.28%	42.34%	-12.06%
Volatility (1Y) Calculated over the trailing 1-year period	41.23%	60.17%	-18.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.82%	96.25%	-47.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.82%	95.57%	-46.75%

Dividends

SN vs. AFRM - Dividend Comparison

Neither SN nor AFRM has paid dividends to shareholders.

Position	TTM	2025	2024	2023
AFRM Affirm Holdings, Inc.	0.00%	0.00%	0.00%	0.00%
SN SharkNinja Inc.	0.00%	0.00%	0.00%	2.11%

Financials

Frequently Asked Questions

Can I hold both SN and AFRM in my portfolio?

SN and AFRM have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SN or AFRM?

AFRM has higher volatility (14.11%) compared to SN (12.75%). In terms of maximum drawdown, SN dropped -42.64% vs AFRM's -94.71%.

Which has better risk-adjusted returns?

SN currently has the higher Sharpe Ratio (0.79 vs 0.57), 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.