SNAP vs. SHOP
SNAP (Snap Inc.) and SHOP (Shopify Inc.) are both stocks. SNAP operates in Internet Content & Information (Communication Services), while SHOP operates in Software - Application (Technology). Over the past 5 years, SNAP returned -39.35%/yr vs -2.79%/yr for SHOP. At a 0.44 correlation, their price movements are largely independent.
Performance
SNAP vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, SNAP achieves a -34.82% return, which is significantly lower than SHOP's -32.76% return.
SNAP
- 1D
- -1.31%
- 1M
- -4.88%
- YTD
- -34.82%
- 6M
- -28.04%
- 1Y
- -33.75%
- 3Y*
- -20.12%
- 5Y*
- -39.35%
- 10Y*
- —
SHOP
- 1D
- -2.02%
- 1M
- 7.94%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- 2.75%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
SNAP vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNAP Snap Inc. | -34.82% | -25.07% | -36.39% | 89.16% | -80.97% | -6.07% | 206.61% | 196.37% | -62.29% | -39.12% |
SHOP Shopify Inc. | -32.76% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 69.32% |
Correlation
The correlation between SNAP and SHOP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2017 | 0.44 |
The correlation between SNAP and SHOP has been stable across timeframes, ranging from 0.43 to 0.53 - a consistent structural relationship.
Fundamentals
SNAP:
$8.88B
SHOP:
$141.08B
SNAP:
-$0.24
SHOP:
$1.02
SNAP:
1.46
SHOP:
15.39
SNAP:
4.26
SHOP:
11.29
SNAP:
$6.10B
SHOP:
$9.20B
SNAP:
$3.40B
SHOP:
$5.93B
SNAP:
-$173.71M
SHOP:
$1.60B
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Return for Risk
SNAP vs. SHOP — Risk / Return Rank
SNAP
SHOP
SNAP vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snap Inc. (SNAP) and Shopify Inc. (SHOP). 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.
| SNAP | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.05 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | -0.02 | -0.57 |
| Martin ratioReturn relative to average drawdown | -1.06 | -0.04 | -1.02 |
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Drawdowns
SNAP vs. SHOP - Drawdown Comparison
The maximum SNAP drawdown since its inception was -95.27%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for SNAP and SHOP.
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Drawdown Indicators
| SNAP | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.27% | -84.82% | -10.45% |
Max Drawdown (1Y)Largest decline over 1 year | -62.03% | -46.71% | -15.32% |
Max Drawdown (3Y)Largest decline over 3 years | -77.48% | -46.71% | -30.77% |
Max Drawdown (5Y)Largest decline over 5 years | -95.27% | -84.82% | -10.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -93.67% | -39.53% | -54.14% |
Average DrawdownAverage peak-to-trough decline | -60.04% | -28.23% | -31.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.45% | 22.27% | +12.18% |
Volatility
SNAP vs. SHOP - Volatility Comparison
The current volatility for Snap Inc. (SNAP) is 12.67%, while Shopify Inc. (SHOP) has a volatility of 15.38%. This indicates that SNAP experiences smaller price fluctuations and is considered to be less risky than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNAP | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 15.38% | -2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 41.17% | 43.41% | -2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.41% | 57.03% | -1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.96% | 65.55% | +10.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.73% | 59.07% | +12.66% |
Dividends
SNAP vs. SHOP - Dividend Comparison
Neither SNAP nor SHOP has paid dividends to shareholders.
Financials
SNAP vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Snap Inc. and Shopify 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
SNAP and SHOP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (15.38%) compared to SNAP (12.67%). In terms of maximum drawdown, SNAP dropped -95.27% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.02 vs -0.66), 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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