TTD vs. SHOP
TTD (The Trade Desk, Inc.) and SHOP (Shopify Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, TTD returned -26.11%/yr vs -4.82%/yr for SHOP. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
TTD vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, TTD achieves a -52.48% return, which is significantly lower than SHOP's -27.22% return.
TTD
- 1D
- -1.31%
- 1M
- -5.55%
- 6M
- -40.52%
- YTD
- -52.48%
- 1Y
- -79.04%
- 3Y*
- -41.49%
- 5Y*
- -26.11%
- 10Y*
- —
- ALL TIME*
- 20.48%
SHOP
- 1D
- -4.29%
- 1M
- -1.93%
- 6M
- -10.73%
- YTD
- -27.22%
- 1Y
- -1.22%
- 3Y*
- 20.20%
- 5Y*
- -4.82%
- 10Y*
- 42.67%
- ALL TIME*
- 39.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
SHOP Shopify Inc. | $1.12B | $980.06M | $1.18B |
| $291.19M | $250.89M | $384.43M |
TTD vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TTD The Trade Desk, Inc. | -52.48% | -67.70% | 63.33% | 60.52% | -51.08% | 14.41% | 208.34% | 123.83% | 153.79% | 65.27% |
SHOP Shopify Inc. | -27.22% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between TTD and SHOP is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2016 | 0.57 |
The correlation between TTD and SHOP shifts across timeframes, from 0.41 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TTD:
$8.48B
SHOP:
$152.02B
TTD:
$0.89
SHOP:
$1.02
TTD:
20.19
SHOP:
114.96
TTD:
0.26
SHOP:
0.22
TTD:
2.94
SHOP:
16.65
TTD:
3.51
SHOP:
12.21
TTD:
$2.97B
SHOP:
$9.20B
TTD:
$2.31B
SHOP:
$5.93B
TTD:
$725.01M
SHOP:
$1.60B
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Return for Risk
TTD vs. SHOP — Risk / Return Rank
TTD
SHOP
TTD vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Trade Desk, Inc. (TTD) 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.
| TTD | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.78 | ||
| Omega ratioGain probability vs. loss probability | 0.66 | 1.04 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | -0.09 | -0.89 |
| Martin ratioReturn relative to average drawdown | -1.24 | -0.16 | -1.08 |
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Drawdowns
TTD vs. SHOP - Drawdown Comparison
The maximum TTD drawdown since its inception was -87.97%, roughly equal to the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for TTD and SHOP.
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Drawdown Indicators
| TTD | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.97% | -84.82% | -3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -81.29% | -46.71% | -34.58% |
Max Drawdown (3Y)Largest decline over 3 years | -87.97% | -46.71% | -41.26% |
Max Drawdown (5Y)Largest decline over 5 years | -87.97% | -84.82% | -3.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.82% | — |
Current DrawdownCurrent decline from peak | -87.07% | -34.56% | -52.51% |
Average DrawdownAverage peak-to-trough decline | -28.06% | -28.29% | +0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 63.67% | 25.40% | +38.27% |
Volatility
TTD vs. SHOP - Volatility Comparison
The current volatility for The Trade Desk, Inc. (TTD) is 13.04%, while Shopify Inc. (SHOP) has a volatility of 16.38%. This indicates that TTD 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
| TTD | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 16.38% | -3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 41.78% | 45.57% | -3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.58% | 58.84% | +5.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.00% | 65.90% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.19% | 59.22% | +8.97% |
Dividends
TTD vs. SHOP - Dividend Comparison
Neither TTD nor SHOP has paid dividends to shareholders.
Financials
TTD vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between The Trade Desk, 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
TTD and SHOP have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (16.38%) compared to TTD (13.04%). In terms of maximum drawdown, TTD dropped -87.97% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.07 vs -1.23), 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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