XYZ vs. SHOP
XYZ (Block, Inc) and SHOP (Shopify Inc.) are both stocks. Both are in the Technology sector — XYZ in Software - Infrastructure, SHOP in Software - Application. Over the past 10 years, XYZ returned 22.83%/yr vs 43.59%/yr for SHOP. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
XYZ vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, XYZ achieves a 6.81% return, which is significantly higher than SHOP's -32.76% return. Over the past 10 years, XYZ has underperformed SHOP with an annualized return of 22.83%, while SHOP has yielded a comparatively higher 43.59% annualized return.
XYZ
- 1D
- 0.62%
- 1M
- -1.19%
- YTD
- 6.81%
- 6M
- 7.37%
- 1Y
- 12.91%
- 3Y*
- 1.99%
- 5Y*
- -20.53%
- 10Y*
- 22.83%
SHOP
- 1D
- -2.02%
- 1M
- 7.94%
- YTD
- -32.76%
- 6M
- -34.08%
- 1Y
- 2.75%
- 3Y*
- 19.24%
- 5Y*
- -2.79%
- 10Y*
- 43.59%
XYZ vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XYZ Block, Inc | 6.81% | -23.41% | 9.88% | 23.09% | -61.09% | -25.79% | 247.89% | 11.54% | 61.78% | 154.37% |
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 XYZ and SHOP is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2015 | 0.57 |
The correlation between XYZ and SHOP has been stable across timeframes, ranging from 0.56 to 0.64 - a consistent structural relationship.
Fundamentals
XYZ:
$41.54B
SHOP:
$141.08B
XYZ:
$1.31
SHOP:
$1.02
XYZ:
53.09
SHOP:
106.25
XYZ:
0.01
SHOP:
0.20
XYZ:
1.75
SHOP:
15.39
XYZ:
1.91
SHOP:
11.29
XYZ:
$24.48B
SHOP:
$9.20B
XYZ:
$11.01B
SHOP:
$5.93B
XYZ:
$2.42B
SHOP:
$1.60B
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Return for Risk
XYZ vs. SHOP — Risk / Return Rank
XYZ
SHOP
XYZ vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Block, Inc (XYZ) 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.
| XYZ | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.05 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | -0.02 | +0.25 |
| Martin ratioReturn relative to average drawdown | 0.52 | -0.04 | +0.56 |
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Drawdowns
XYZ vs. SHOP - Drawdown Comparison
The maximum XYZ drawdown since its inception was -86.08%, roughly equal to the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for XYZ and SHOP.
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Drawdown Indicators
| XYZ | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.08% | -84.82% | -1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -39.48% | -46.71% | +7.23% |
Max Drawdown (3Y)Largest decline over 3 years | -52.96% | -46.71% | -6.25% |
Max Drawdown (5Y)Largest decline over 5 years | -86.08% | -84.82% | -1.26% |
Max Drawdown (10Y)Largest decline over 10 years | -86.08% | -84.82% | -1.26% |
Current DrawdownCurrent decline from peak | -75.33% | -39.53% | -35.80% |
Average DrawdownAverage peak-to-trough decline | -41.05% | -28.23% | -12.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.15% | 22.27% | -5.12% |
Volatility
XYZ vs. SHOP - Volatility Comparison
The current volatility for Block, Inc (XYZ) is 12.79%, while Shopify Inc. (SHOP) has a volatility of 15.38%. This indicates that XYZ 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
| XYZ | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.79% | 15.38% | -2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 35.49% | 43.41% | -7.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.91% | 57.03% | -10.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.99% | 65.55% | -5.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.70% | 59.07% | -2.37% |
Dividends
XYZ vs. SHOP - Dividend Comparison
Neither XYZ nor SHOP has paid dividends to shareholders.
Financials
XYZ vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Block, 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
XYZ and SHOP have a correlation of 0.62, 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 XYZ (12.79%). In terms of maximum drawdown, XYZ dropped -86.08% vs SHOP's -84.82%.
XYZ currently has the higher Sharpe Ratio (0.19 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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