VLTO vs. SHOP

Last updated Jun 4, 2026

VLTO (Veralto Corporation) and SHOP (Shopify Inc.) are both stocks. VLTO operates in Pollution & Treatment Controls (Industrials), while SHOP operates in Software - Application (Technology). At a 0.00 correlation, their price movements are largely independent.

Performance

VLTO vs. SHOP - Performance Comparison

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

Returns By Period

VLTO

• 1D: 2.72%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SHOP

• 1D: -3.48%
• 1M: -11.45%
• YTD: -29.84%
• 6M: -29.41%
• 1Y: 7.45%
• 3Y*: 24.67%
• 5Y*: -1.30%
• 10Y*: 43.94%

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

VLTO vs. SHOP - Yearly Performance Comparison

	2026 (YTD)
VLTO Veralto Corporation	1.43%
SHOP Shopify Inc.	-1.82%

Correlation

The correlation between VLTO and SHOP is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.00

Fundamentals

Market Cap VLTO : $21.10B SHOP : $147.20B
EPS VLTO : $3.88 SHOP : $1.02
PE Ratio VLTO : 21.85 SHOP : 110.87
PEG Ratio VLTO : 10.04 SHOP : 0.21
PS Ratio VLTO : 3.79 SHOP : 16.06
PB Ratio VLTO : 7.02 SHOP : 11.78
Total Revenue (TTM) VLTO : $5.59B SHOP : $9.20B
Gross Profit (TTM) VLTO : $3.35B SHOP : $5.93B
EBITDA (TTM) VLTO : $1.37B SHOP : $1.60B

Return for Risk

VLTO vs. SHOP — Risk / Return Rank

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

SHOP

SHOP Risk / Return Rank: 44
SHOP Sharpe Ratio Rank: 45
SHOP Sortino Ratio Rank: 44
SHOP Omega Ratio Rank: 43
SHOP Calmar Ratio Rank: 44
SHOP Martin Ratio Rank: 44

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.

VLTO vs. SHOP - Risk-Adjusted Trends 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VLTO	SHOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.13	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.88	0.69	+4.19

Drawdowns

VLTO vs. SHOP - Drawdown Comparison

The maximum VLTO drawdown since its inception was -1.50%, 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.

Drawdown Indicators

	VLTO	SHOP	Difference
Max Drawdown Largest peak-to-trough decline	-1.50%	-84.82%	+83.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-46.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-46.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-84.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.82%	—
Current Drawdown Current decline from peak	0.00%	-36.91%	+36.91%
Average Drawdown Average peak-to-trough decline	-0.72%	-28.21%	+27.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.36%	—

Volatility

Volatility by Period

	VLTO	SHOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	43.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.06%	57.17%	-23.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.06%	65.51%	-31.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.06%	59.05%	-24.99%

Dividends

VLTO vs. SHOP - Dividend Comparison

Neither VLTO nor SHOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both VLTO and SHOP in my portfolio?

VLTO and SHOP have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.