WMB vs. SHOP
WMB (The Williams Companies, Inc.) and SHOP (Shopify Inc.) are both stocks. WMB operates in Oil & Gas Midstream (Energy), while SHOP operates in Software - Application (Technology). Over the past 10 years, WMB returned 19.28%/yr vs 43.59%/yr for SHOP. At a 0.16 correlation, their price movements are largely independent.
Performance
WMB vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, WMB achieves a 21.67% return, which is significantly higher than SHOP's -32.76% return. Over the past 10 years, WMB has underperformed SHOP with an annualized return of 19.28%, while SHOP has yielded a comparatively higher 43.59% annualized return.
WMB
- 1D
- 1.39%
- 1M
- -6.54%
- YTD
- 21.67%
- 6M
- 22.42%
- 1Y
- 24.40%
- 3Y*
- 38.58%
- 5Y*
- 26.67%
- 10Y*
- 19.28%
SHOP
- 1D
- -2.02%
- 1M
- 11.11%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- 2.75%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
WMB vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMB The Williams Companies, Inc. | 21.67% | 14.91% | 62.35% | 11.86% | 32.83% | 38.36% | -8.20% | 14.18% | -23.88% | 2.02% |
SHOP Shopify Inc. | -32.76% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between WMB and SHOP is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.16 |
The correlation between WMB and SHOP shifts across timeframes, from -0.14 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WMB:
$88.15B
SHOP:
$141.08B
WMB:
$2.28
SHOP:
$1.02
WMB:
31.55
SHOP:
106.25
WMB:
1.64
SHOP:
0.20
WMB:
7.39
SHOP:
15.39
WMB:
6.80
SHOP:
11.29
WMB:
$11.92B
SHOP:
$9.20B
WMB:
$7.49B
SHOP:
$5.93B
WMB:
$6.88B
SHOP:
$1.60B
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Return for Risk
WMB vs. SHOP — Risk / Return Rank
WMB
SHOP
WMB vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Williams Companies, Inc. (WMB) 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.
| WMB | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.05 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | -0.02 | +2.04 |
| Martin ratioReturn relative to average drawdown | 4.27 | -0.04 | +4.31 |
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Drawdowns
WMB vs. SHOP - Drawdown Comparison
The maximum WMB drawdown since its inception was -98.03%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for WMB and SHOP.
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Drawdown Indicators
| WMB | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.03% | -84.82% | -13.21% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -46.71% | +34.35% |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | -46.71% | +34.35% |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | -84.82% | +61.81% |
Max Drawdown (10Y)Largest decline over 10 years | -68.08% | -84.82% | +16.74% |
Current DrawdownCurrent decline from peak | -8.55% | -39.53% | +30.98% |
Average DrawdownAverage peak-to-trough decline | -27.07% | -28.23% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | 22.27% | -16.45% |
Volatility
WMB vs. SHOP - Volatility Comparison
The current volatility for The Williams Companies, Inc. (WMB) is 7.36%, while Shopify Inc. (SHOP) has a volatility of 15.38%. This indicates that WMB 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
| WMB | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.36% | 15.38% | -8.02% |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | 43.41% | -27.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.00% | 57.03% | -34.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 65.55% | -41.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.95% | 59.07% | -28.12% |
Dividends
WMB vs. SHOP - Dividend Comparison
WMB's dividend yield for the trailing twelve months is around 3.54%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHOP Shopify Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WMB The Williams Companies, Inc. | 2.84% | 3.33% | 3.51% | 5.14% | 5.17% | 6.30% | 7.98% | 6.41% | 6.17% | 3.94% | 5.39% | 9.53% |
Financials
WMB vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between The Williams Companies, 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
WMB and SHOP have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (15.38%) compared to WMB (7.36%). In terms of maximum drawdown, WMB dropped -98.03% vs SHOP's -84.82%.
WMB currently has the higher Sharpe Ratio (1.08 vs -0.02), 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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