Correlation
The correlation between VLTO and SHOP is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
VLTO vs. SHOP
Compare and contrast key facts about Veralto Corporation (VLTO) and Shopify Inc. (SHOP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLTO or SHOP.
Performance
VLTO vs. SHOP - Performance Comparison
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Key characteristics
VLTO:
0.10
SHOP:
1.39
VLTO:
0.20
SHOP:
2.18
VLTO:
1.03
SHOP:
1.29
VLTO:
0.03
SHOP:
1.22
VLTO:
0.08
SHOP:
5.89
VLTO:
9.80%
SHOP:
14.31%
VLTO:
21.71%
SHOP:
60.46%
VLTO:
-24.73%
SHOP:
-84.82%
VLTO:
-10.87%
SHOP:
-36.58%
Fundamentals
VLTO:
$25.04B
SHOP:
$137.79B
VLTO:
$3.50
SHOP:
$1.23
VLTO:
28.87
SHOP:
87.17
VLTO:
4.74
SHOP:
14.69
VLTO:
10.88
SHOP:
12.59
VLTO:
$5.28B
SHOP:
$9.38B
VLTO:
$3.15B
SHOP:
$4.68B
VLTO:
$1.31B
SHOP:
$1.23B
Returns By Period
In the year-to-date period, VLTO achieves a -0.69% return, which is significantly lower than SHOP's 0.84% return.
VLTO
-0.69%
7.24%
-6.41%
2.89%
N/A
N/A
N/A
SHOP
0.84%
10.52%
-7.25%
81.27%
41.92%
7.19%
44.53%
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Risk-Adjusted Performance
VLTO vs. SHOP — Risk-Adjusted Performance Rank
VLTO
SHOP
VLTO vs. SHOP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veralto Corporation (VLTO) 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.
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Dividends
VLTO vs. SHOP - Dividend Comparison
VLTO's dividend yield for the trailing twelve months is around 0.40%, while SHOP has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
VLTO Veralto Corporation | 0.40% | 0.37% | 0.11% |
SHOP Shopify Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
VLTO vs. SHOP - Drawdown Comparison
The maximum VLTO drawdown since its inception was -24.73%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for VLTO and SHOP.
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Volatility
VLTO vs. SHOP - Volatility Comparison
The current volatility for Veralto Corporation (VLTO) is 5.16%, while Shopify Inc. (SHOP) has a volatility of 16.96%. This indicates that VLTO 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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Financials
VLTO vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Veralto Corporation 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
VLTO vs. SHOP - Profitability Comparison
VLTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Veralto Corporation reported a gross profit of 805.00M and revenue of 1.33B. Therefore, the gross margin over that period was 60.4%.
SHOP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Shopify Inc. reported a gross profit of 1.17B and revenue of 2.36B. Therefore, the gross margin over that period was 49.5%.
VLTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Veralto Corporation reported an operating income of 322.00M and revenue of 1.33B, resulting in an operating margin of 24.2%.
SHOP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Shopify Inc. reported an operating income of 203.00M and revenue of 2.36B, resulting in an operating margin of 8.6%.
VLTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Veralto Corporation reported a net income of 225.00M and revenue of 1.33B, resulting in a net margin of 16.9%.
SHOP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Shopify Inc. reported a net income of -682.00M and revenue of 2.36B, resulting in a net margin of -28.9%.