All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

SHOP: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

SHOP real return snapshot: after CPI-U inflation, SHOP returned −15.08% over the past year and −22.07% YTD, with dividends reinvested. Since May 21, 2015, SHOP is up +3,479.16% in real purchasing-power return, or +37.17%/yr, and is currently −36.47% below its real total-return high on Nov. 19, 2021.

Data ending Tue Sep. 15, 2026

Growth of $10,000

Thu 2015-05-21💬 to Tue 2026-09-15 Overall
Return 		Exponential
Trendline
SHOP × 		+3,479.16%
+37.17%/yr 		+36.60%/yr
R2=0.711
Shopify Inc NASDAQ Common Stock

Growth of $10,000 Summary

Thu 2015-05-21💬 to Tue 2026-09-15 Start
Value 		End
Value
SHOP × 		$10,000.00
2015-05-21 		$357,915.98
2026-09-15

This Year’s Performance

through 2026-09-15

  YTD YoY
SHOP × 		−22.07% −15.08%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SHOP × 		−36.47%
on 2026-09-15
from 2021-11-19 peak 		−85.83%
on 2022-10-11
from 2021-11-19 peak

Rolling Returns

Period ending Tue 2026-09-15 1 yr 2 yr 3 yr 5 yr 10 yr
SHOP × 		−15.08% +68.33%
+29.74%/yr 		+90.78%
+24.03%/yr 		−28.10%
−6.38%/yr 		+2,134.94%
+36.44%/yr

Annual Returns

Year SHOP
2026 (YTD) −22.07%
2025 +47.44%
2024 +32.67%
2023 +117.16%
2022 −76.33%
2021 +13.68%
2020 +180.88%
2019 +180.75%
2018 +34.51%
2017 +130.72%
2016 +62.79%
2015 +0.84%