Shopify Inc. (SHOP) vs State Street SPDR S&P 500 ETF Trust (SPY)

Over the past 10 years, SHOP outperformed SPY — 43.95% vs 15.31% annualized total return (price plus dividends).

A side-by-side comparison of Shopify Inc. and State Street SPDR S&P 500 ETF Trust across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — SHOP vs SPY

growth of $100 · last 11y
SHOP +4115.0%SPY +247.4%SHOP compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020172019202120232025$4,215$347
SHOP SPY

Did SHOP beat SPY?

Over the past 10 years, SHOP outperformed SPY — 43.95% vs 15.31% annualized total return (price plus dividends).

Total return (annualized)

MetricSHOPSPY
Total return (1Y)-0.89%24.28%
Total return CAGR (3Y)18.52%21.12%
Total return CAGR (5Y)-2.79%13.36%
Total return CAGR (10Y)43.95%15.31%

SPY is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has SHOP beaten SPY?
Over the past 10 years, SHOP outperformed SPY — 43.95% vs 15.31% annualized total return (price plus dividends).

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.