SPOT vs. PINS
SPOT (Spotify Technology S.A.) and PINS (Pinterest, Inc.) are both stocks. Both operate in the Internet Content & Information industry within the Communication Services sector. Over the past 5 years, SPOT returned 14.60%/yr vs -21.08%/yr for PINS. At a 0.45 correlation, their price movements are largely independent.
Performance
SPOT vs. PINS - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SPOT having a -17.37% return and PINS slightly lower at -17.61%.
SPOT
- 1D
- -0.45%
- 1M
- 9.82%
- YTD
- -17.37%
- 6M
- -16.86%
- 1Y
- -32.50%
- 3Y*
- 44.21%
- 5Y*
- 14.60%
- 10Y*
- —
PINS
- 1D
- 5.54%
- 1M
- 9.55%
- YTD
- -17.61%
- 6M
- -17.20%
- 1Y
- -36.97%
- 3Y*
- -5.61%
- 5Y*
- -21.08%
- 10Y*
- —
SPOT vs. PINS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPOT Spotify Technology S.A. | -17.37% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 8.61% |
PINS Pinterest, Inc. | -17.61% | -10.72% | -21.71% | 52.55% | -33.20% | -44.84% | 253.54% | -21.52% |
Correlation
The correlation between SPOT and PINS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2019 | 0.45 |
Over the past year, the correlation between SPOT and PINS has dropped to 0.24 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
Fundamentals
SPOT:
$100.42B
PINS:
$13.58B
SPOT:
€12.94
PINS:
$0.50
SPOT:
31.97
PINS:
43.04
SPOT:
0.36
PINS:
0.23
SPOT:
4.94
PINS:
3.29
SPOT:
10.79
PINS:
4.76
SPOT:
€17.60B
PINS:
$4.37B
SPOT:
€5.68B
PINS:
$3.49B
SPOT:
€2.75B
PINS:
$351.59M
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Return for Risk
SPOT vs. PINS — Risk / Return Rank
SPOT
PINS
SPOT vs. PINS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology S.A. (SPOT) and Pinterest, Inc. (PINS). 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.
| SPOT | PINS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.88 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | -0.61 | -0.08 |
| Martin ratioReturn relative to average drawdown | -1.19 | -1.05 | -0.15 |
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Drawdowns
SPOT vs. PINS - Drawdown Comparison
The maximum SPOT drawdown since its inception was -80.51%, roughly equal to the maximum PINS drawdown of -82.70%. Use the drawdown chart below to compare losses from any high point for SPOT and PINS.
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Drawdown Indicators
| SPOT | PINS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.51% | -82.70% | +2.19% |
Max Drawdown (1Y)Largest decline over 1 year | -46.80% | -60.63% | +13.83% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -65.72% | +18.92% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -80.79% | +4.40% |
Current DrawdownCurrent decline from peak | -38.16% | -76.07% | +37.91% |
Average DrawdownAverage peak-to-trough decline | -30.87% | -52.36% | +21.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.26% | 35.41% | -8.15% |
Volatility
SPOT vs. PINS - Volatility Comparison
Spotify Technology S.A. (SPOT) has a higher volatility of 16.26% compared to Pinterest, Inc. (PINS) at 14.98%. This indicates that SPOT's price experiences larger fluctuations and is considered to be riskier than PINS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPOT | PINS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.26% | 14.98% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 37.24% | 38.33% | -1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.34% | 49.99% | -4.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.55% | 55.89% | -8.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.35% | 61.18% | -13.83% |
Dividends
SPOT vs. PINS - Dividend Comparison
Neither SPOT nor PINS has paid dividends to shareholders.
Financials
SPOT vs. PINS - Financials Comparison
This section allows you to compare key financial metrics between Spotify Technology S.A. and Pinterest, 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
SPOT vs. PINS - Profitability Comparison
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a gross profit of 1.51B and revenue of 4.61B. Therefore, the gross margin over that period was 32.9%.
PINS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pinterest, Inc. reported a gross profit of 768.96M and revenue of 1.01B. Therefore, the gross margin over that period was 76.3%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported an operating income of 726.76M and revenue of 4.61B, resulting in an operating margin of 15.8%.
PINS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pinterest, Inc. reported an operating income of -80.29M and revenue of 1.01B, resulting in an operating margin of -8.0%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a net income of 732.86M and revenue of 4.61B, resulting in a net margin of 15.9%.
PINS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pinterest, Inc. reported a net income of -73.59M and revenue of 1.01B, resulting in a net margin of -7.3%.
Frequently Asked Questions
SPOT and PINS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPOT has higher volatility (16.26%) compared to PINS (14.98%). In terms of maximum drawdown, SPOT dropped -80.51% vs PINS's -82.70%.
SPOT currently has the higher Sharpe Ratio (-0.72 vs -0.74), 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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