SOFI vs. SHOP

Last updated Jun 9, 2026

SOFI (SoFi Technologies, Inc.) and SHOP (Shopify Inc.) are both stocks. SOFI operates in Credit Services (Financial Services), while SHOP operates in Software - Application (Technology). Over the past 5 years, SOFI returned -6.19%/yr vs -1.84%/yr for SHOP. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

SOFI vs. SHOP - Performance Comparison

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

Returns By Period

In the year-to-date period, SOFI achieves a -36.97% return, which is significantly lower than SHOP's -31.18% return.

SOFI

• 1D: 2.93%
• 1M: 4.76%
• YTD: -36.97%
• 6M: -40.24%
• 1Y: 15.87%
• 3Y*: 26.35%
• 5Y*: -6.19%
• 10Y*: —

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%

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

SOFI vs. SHOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SOFI SoFi Technologies, Inc.	-36.97%	70.00%	54.77%	115.84%	-70.84%	27.09%	18.70%
SHOP Shopify Inc.	-31.18%	51.39%	36.50%	124.43%	-74.80%	21.68%	3.81%

Correlation

The correlation between SOFI and SHOP is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since Dec 1, 2020	0.56

The correlation between SOFI and SHOP has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.

Fundamentals

Market Cap SOFI : $22.74B SHOP : $144.39B
EPS SOFI : $0.44 SHOP : $1.02
PE Ratio SOFI : 37.17 SHOP : 108.75
PS Ratio SOFI : 4.53 SHOP : 15.75
PB Ratio SOFI : 2.10 SHOP : 11.55
Total Revenue (TTM) SOFI : $4.73B SHOP : $9.20B
Gross Profit (TTM) SOFI : $3.39B SHOP : $5.93B
EBITDA (TTM) SOFI : $1.40B SHOP : $1.60B

Return for Risk

SOFI vs. SHOP — Risk / Return Rank

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

SOFI

SOFI Risk / Return Rank: 50
SOFI Sharpe Ratio Rank: 52
SOFI Sortino Ratio Rank: 50
SOFI Omega Ratio Rank: 48
SOFI Calmar Ratio Rank: 50
SOFI Martin Ratio Rank: 49

SHOP

SHOP Risk / Return Rank: 41
SHOP Sharpe Ratio Rank: 42
SHOP Sortino Ratio Rank: 40
SHOP Omega Ratio Rank: 40
SHOP Calmar Ratio Rank: 42
SHOP Martin Ratio Rank: 41

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.

SOFI vs. SHOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Technologies, Inc. (SOFI) 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.

	SOFI	SHOP	Difference
Sharpe ratio: Return per unit of total volatility	0.28	-0.01	+0.29
Sortino ratio: Return per unit of downside risk	0.76	0.40	+0.36
Omega ratio: Gain probability vs. loss probability	1.09	1.05	+0.04
Calmar ratio: Return relative to maximum drawdown	0.30	-0.01	+0.31
Martin ratio: Return relative to average drawdown	0.56	-0.03	+0.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOFI vs. SHOP - Sharpe Ratio Comparison

The current SOFI Sharpe Ratio is 0.28, which is higher than the SHOP Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of SOFI and SHOP, 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

	SOFI	SHOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	-0.01	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	-0.03	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.69	-0.57

Drawdowns

SOFI vs. SHOP - Drawdown Comparison

The maximum SOFI drawdown since its inception was -83.32%, roughly equal to the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for SOFI and SHOP.

Drawdown Indicators

	SOFI	SHOP	Difference
Max Drawdown Largest peak-to-trough decline	-83.32%	-84.82%	+1.50%
Max Drawdown (1Y) Largest decline over 1 year	-52.96%	-46.71%	-6.25%
Max Drawdown (3Y) Largest decline over 3 years	-52.96%	-46.71%	-6.25%
Max Drawdown (5Y) Largest decline over 5 years	-81.54%	-84.82%	+3.28%
Max Drawdown (10Y) Largest decline over 10 years	—	-84.82%	—
Current Drawdown Current decline from peak	-48.77%	-38.12%	-10.65%
Average Drawdown Average peak-to-trough decline	-51.23%	-28.22%	-23.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.21%	21.74%	+6.47%

Volatility

SOFI vs. SHOP - Volatility Comparison

SoFi Technologies, Inc. (SOFI) and Shopify Inc. (SHOP) have volatilities of 17.24% and 17.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOFI	SHOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.24%	17.86%	-0.62%
Volatility (6M) Calculated over the trailing 6-month period	38.62%	43.67%	-5.05%
Volatility (1Y) Calculated over the trailing 1-year period	56.53%	57.27%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.71%	65.57%	+1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.97%	59.09%	+12.88%

Dividends

SOFI vs. SHOP - Dividend Comparison

Neither SOFI nor SHOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SOFI and SHOP in my portfolio?

SOFI and SHOP have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOFI or SHOP?

SHOP has higher volatility (17.86%) compared to SOFI (17.24%). In terms of maximum drawdown, SOFI dropped -83.32% vs SHOP's -84.82%.

Which has better risk-adjusted returns?

SOFI currently has the higher Sharpe Ratio (0.28 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.