TOST vs. STNE

Last updated Jun 3, 2026

TOST (Toast, Inc.) and STNE (StoneCo Ltd.) are both stocks. Both are in the Technology sector — TOST in Software - Infrastructure, STNE in Software - Application. Over the past 3 years, TOST returned 7.74%/yr vs 1.56%/yr for STNE. At a 0.41 correlation, their price movements are largely independent.

Performance

TOST vs. STNE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Toast, Inc. (TOST) and StoneCo Ltd. (STNE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOST achieves a -25.80% return, which is significantly lower than STNE's -8.01% return.

TOST

• 1D: -5.01%
• 1M: -9.48%
• YTD: -25.80%
• 6M: -22.11%
• 1Y: -38.71%
• 3Y*: 7.74%
• 5Y*: —
• 10Y*: —

STNE

• 1D: -3.85%
• 1M: 1.35%
• YTD: -8.01%
• 6M: -21.98%
• 1Y: -3.78%
• 3Y*: 1.56%
• 5Y*: -26.59%
• 10Y*: —

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

TOST vs. STNE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TOST Toast, Inc.	-25.80%	-2.58%	99.62%	1.28%	-48.06%	-44.47%
STNE StoneCo Ltd.	-8.01%	85.57%	-55.80%	91.00%	-44.01%	-58.10%

Correlation

The correlation between TOST and STNE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.41

The correlation between TOST and STNE shifts across timeframes, from 0.23 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TOST : $15.86B STNE : $2.85B
EPS TOST : $0.68 STNE : $12.96
PE Ratio TOST : 38.74 STNE : 0.87
PEG Ratio TOST : 0.02 STNE : 0.01
PS Ratio TOST : 2.48 STNE : 0.26
PB Ratio TOST : 7.97 STNE : 0.24
Total Revenue (TTM) TOST : $6.45B STNE : $11.69B
Gross Profit (TTM) TOST : $1.69B STNE : $8.11B
EBITDA (TTM) TOST : $430.00M STNE : $3.75B

Return for Risk

TOST vs. STNE — Risk / Return Rank

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

TOST

TOST Risk / Return Rank: 11
TOST Sharpe Ratio Rank: 7
TOST Sortino Ratio Rank: 10
TOST Omega Ratio Rank: 10
TOST Calmar Ratio Rank: 15
TOST Martin Ratio Rank: 14

STNE

STNE Risk / Return Rank: 37
STNE Sharpe Ratio Rank: 37
STNE Sortino Ratio Rank: 36
STNE Omega Ratio Rank: 35
STNE Calmar Ratio Rank: 39
STNE Martin Ratio Rank: 39

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.

TOST vs. STNE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Toast, Inc. (TOST) and StoneCo Ltd. (STNE). 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.

	TOST	STNE	Difference
Sharpe ratio Return per unit of total volatility	-0.85	-0.07	-0.77
Sortino ratio Return per unit of downside risk	-1.09	0.25	-1.34
Omega ratio Gain probability vs. loss probability	0.87	1.03	-0.16
Calmar ratio Return relative to maximum drawdown	-0.69	-0.01	-0.68
Martin ratio Return relative to average drawdown	-1.19	-0.02	-1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TOST vs. STNE - Sharpe Ratio Comparison

The current TOST Sharpe Ratio is -0.85, which is lower than the STNE Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of TOST and STNE, 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

	TOST	STNE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.85	-0.07	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	-0.15	-0.12

Drawdowns

TOST vs. STNE - Drawdown Comparison

The maximum TOST drawdown since its inception was -80.56%, smaller than the maximum STNE drawdown of -92.31%. Use the drawdown chart below to compare losses from any high point for TOST and STNE.

Drawdown Indicators

	TOST	STNE	Difference
Max Drawdown Largest peak-to-trough decline	-80.56%	-92.31%	+11.75%
Max Drawdown (1Y) Largest decline over 1 year	-54.71%	-40.22%	-14.49%
Max Drawdown (3Y) Largest decline over 3 years	-54.71%	-57.64%	+2.93%
Max Drawdown (5Y) Largest decline over 5 years	—	-89.72%	—
Current Drawdown Current decline from peak	-59.60%	-85.54%	+25.94%
Average Drawdown Average peak-to-trough decline	-57.91%	-61.09%	+3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.43%	19.23%	+12.20%

Volatility

TOST vs. STNE - Volatility Comparison

Toast, Inc. (TOST) has a higher volatility of 21.81% compared to StoneCo Ltd. (STNE) at 14.77%. This indicates that TOST's price experiences larger fluctuations and is considered to be riskier than STNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOST	STNE	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.81%	14.77%	+7.04%
Volatility (6M) Calculated over the trailing 6-month period	36.36%	40.30%	-3.94%
Volatility (1Y) Calculated over the trailing 1-year period	45.83%	51.09%	-5.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.36%	64.86%	-3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.36%	67.47%	-6.11%

Dividends

TOST vs. STNE - Dividend Comparison

TOST has not paid dividends to shareholders, while STNE's dividend yield for the trailing twelve months is around 22.51%.

Position	TTM
STNE StoneCo Ltd.	22.51%
TOST Toast, Inc.	0.00%

Financials

Frequently Asked Questions

Can I hold both TOST and STNE in my portfolio?

TOST and STNE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOST or STNE?

TOST has higher volatility (21.81%) compared to STNE (14.77%). In terms of maximum drawdown, TOST dropped -80.56% vs STNE's -92.31%.

Which has better risk-adjusted returns?

STNE currently has the higher Sharpe Ratio (-0.07 vs -0.85), 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.