Overview Performance Metrics Financials ETFs Industry Splits Correlations

8 Stock and 92 ETF Shopify (SHOP) alternatives

The most close Shopify (SHOP) alternative is ETF SHPU (DIREXION DAILY SHOP BULL 2X ETF). The correlation is 0.902.

Stocks that highly correlated with SHOP

Symbol	Name	Market cap	Sector	Industry	Correlation
CAI	Caris Life Sciences Inc - Class A	$4.94B	Healthcare	Biotechnology	0.79
DASH	DoorDash Inc - Class A	$83B	Consumer Cyclical	Internet Retail	0.75
JUGG	Jaws Juggernaut Acquisition Corp - Class A	$285M	N/A	N/A	0.75
BMAQU	Blockchain Moon Acquisition Corp - Units (1 Ord 1 War & 1 Rts)	$34M	N/A	N/A	0.71
TWCB	Bilander Acquisition Corp - Class A	$230M	N/A	N/A	0.68
EOCW	Elliott Opportunity II Corp - Class A	$789M	N/A	N/A	0.67
DT	Dynatrace Inc	$13B	Technology	Software - Application	0.67
ETH	Grayscale Investments LLC	$1.66B	N/A	N/A	0.67

ETFs that highly correlated with SHOP

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SHPU	DIREXION DAILY SHOP BULL 2X ETF	$15M	N/A	Aug 5, 2025	0.90
BUYZ	FRANKLIN DISRUPTIVE COMMERCE ETF	$5.10M	0.50%	Feb 25, 2020	0.83
ROBN	T-REX 2X LONG HOOD DAILY TARGET ETF	$126M	N/A	Jan 29, 2025	0.78
HOOW	ROUNDHILL HOOD WEEKLYPAY ETF	$146M	N/A	Jun 17, 2025	0.78
PLTG	LEVERAGE SHARES 2X LONG PLTR DAILY ETF	$23M	N/A	Apr 24, 2025	0.78
PLTY	YieldMax PLTR Option Income Strategy ETF	$317M	1.07%	Oct 7, 2024	0.78
PTIR	GRANITESHARES 2X LONG PLTR DAILY ETF	$297M	N/A	Sep 4, 2024	0.77
WEBL	DIREXION DAILY DOW JONES INTERNET BULL 3X SHARES	$90M	N/A	Nov 7, 2019	0.76
SXQG	ETC 6 MERIDIAN QUALITY GROWTH ETF	$63M	0.55%	May 10, 2021	0.76
PNQI	INVESCO NASDAQ INTERNET ETF	$504M	0.60%	Jun 12, 2008	0.75
HOOG	LEVERAGE SHARES 2X LONG HOOD DAILY ETF	$81M	N/A	Mar 20, 2025	0.75
WCLD	WISDOMTREE CLOUD COMPUTING FUND	$245M	0.45%	Sep 6, 2019	0.74
HOOX	DEFIANCE DAILY TARGET 2X LONG HOOD ETF	$17M	N/A	Mar 18, 2025	0.74
OGIG	ALPS \| O'SHARES GLOBAL INTERNET GIANTS ETF SHARES	$101M	0.48%	Jun 5, 2018	0.74
TOGA	TREMBLANT GLOBAL ETF	$180M	0.69%	Apr 30, 2024	0.73
XDAT	FRANKLIN EXPONENTIAL DATA ETF	$3.70M	0.50%	Jan 12, 2021	0.73
OND	PROSHARES ON-DEMAND ETF PROSHARE ON-DEMAND ETF	$3.50M	0.58%	Oct 26, 2021	0.73
AFGR	First Trust Multi-Manager Large Growth ETF	$92M	0.65%	Jul 21, 2020	0.73
PLTW	ROUNDHILL PLTR WEEKLYPAY ETF	$102M	N/A	Feb 18, 2025	0.73
ARKF	ARK BLOCKCHAIN & FINTECH INNOVATION ETF	$724M	0.75%	Feb 1, 2019	0.73
GINN	GOLDMAN SACHS INNOVATE EQUITY ETF	$209M	0.50%	Nov 9, 2020	0.73
ANEW	PROSHARES MSCI TRANSFORMATIONAL CHANGES ETF	$7.70M	0.45%	Oct 14, 2020	0.72
TECB	ISHARES U.S. TECH BREAKTHROUGH MULTISECTOR ETF	$478M	0.30%	Jan 8, 2020	0.72
TMFE	MOTLEY FOOL CAPITAL EFFICIENCY 100 INDEX ETF	$80M	0.50%	Dec 30, 2021	0.71
FDG	AMERICAN CENTURY FOCUSED DYNAMIC GROWTH ETF	$408M	0.45%	Mar 31, 2020	0.71
FDN	FIRST TRUST DOW JONES INTERNET INDEX FUND	$5B	0.49%	Jun 19, 2006	0.71
ETU	T-REX 2X LONG ETHER DAILY TARGET ETF	$6.80M	N/A	Oct 22, 2024	0.71
IBUY	AMPLIFY ONLINE RETAIL ETF	$107M	0.65%	Apr 19, 2016	0.71
CLOU	GLOBAL X CLOUD COMPUTING ETF	$228M	0.68%	Apr 12, 2019	0.70
BNGE	FIRST TRUST S-NETWORK STREAMING & GAMING ETF	$4.60M	0.70%	Jan 25, 2022	0.70
TGRW	T. ROWE PRICE GROWTH STOCK ETF	$1B	0.52%	Aug 4, 2020	0.70
METV	ROUNDHILL BALL METAVERSE ETF	$211M	0.59%	Jun 29, 2021	0.70
ARKK	ARK INNOVATION ETF	$6.50B	0.75%	Oct 31, 2014	0.70
TMFX	MOTLEY FOOL NEXT INDEX ETF	$34M	0.50%	Dec 30, 2021	0.70
HFGO	HARTFORD LARGE CAP GROWTH ETF	$211M	0.59%	Nov 9, 2021	0.70
XDQQ	Innovator Growth Accelerated ETF - Quarterly	$55M	0.79%	Mar 31, 2021	0.70
QTJL	Innovator Growth Accelerated Plus ETF - July	$22M	0.79%	Jun 30, 2021	0.70
TMFG	MOTLEY FOOL GLOBAL OPPORTUNITIES ETF	$350M	0.85%	Jun 17, 2014	0.70
XOVR	ERSHARES PRIVATE-PUBLIC CROSSOVER ETF	$2.20B	0.75%	Nov 7, 2017	0.70
QGRO	AMERICAN CENTURY U.S. QUALITY GROWTH ETF	$2.10B	0.29%	Sep 10, 2018	0.70
IGV	ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF	$14B	0.39%	Jul 10, 2001	0.70
DRUP	Graniteshares Nasdaq Select Disruptors ETF	$47M	0.60%	Oct 7, 2019	0.69
HOOY	YIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF	$133M	0.99%	May 7, 2025	0.69
GFGF	GURU FAVORITE STOCKS ETF	$37M	0.66%	Dec 15, 2021	0.69
HTEC	ROBO GLOBAL(R) HEALTHCARE TECHNOLOGY AND INNOVATION ETF	$60M	0.68%	Jun 24, 2019	0.69
TCHP	T. ROWE PRICE BLUE CHIP GROWTH ETF	$2.20B	0.57%	Aug 4, 2020	0.69
PLTU	T-REX 2X LONG PLTR DAILY TARGET ETF	$384M	N/A	Dec 10, 2024	0.69
PCGG	Polen Capital Global Growth ETF	$5.70M	0.85%	Aug 29, 2023	0.69
GGRW	GABELLI GROWTH INNOVATORS ETF	$8.80M	N/A	Feb 16, 2021	0.69
SKYU	PROSHARES ULTRA NASDAQ CLOUD COMPUTING	$3.40M	N/A	Jan 19, 2021	0.69
TMAT	MAIN THEMATIC INNOVATION ETF	$255M	0.82%	Jan 28, 2021	0.69
ARKW	ARK NEXT GENERATION INTERNET ETF	$1.70B	0.76%	Sep 30, 2014	0.69
FDND	FT VEST DOW JONES INTERNET & TARGET INCOME ETF	$9.40M	0.75%	Mar 20, 2024	0.68
XDSQ	Innovator U.S. Equity Accelerated ETF - Quarterly	$70M	0.79%	Mar 31, 2021	0.68
EBIZ	GLOBAL X E-COMMERCE ETF	$26M	0.50%	Nov 27, 2018	0.68
DAT	PROSHARES BIG DATA REFINERS ETF	$5.30M	0.58%	Sep 29, 2021	0.68
XTJL	Innovator U.S. Equity Accelerated Plus ETF - July	$13M	0.79%	Jun 30, 2021	0.68
XPND	FIRST TRUST EXPANDED TECHNOLOGY ETF	$42M	0.65%	Jun 14, 2021	0.68
XBJL	Innovator U.S. Equity Accelerated 9 Buffer ETF - July	$74M	0.79%	Jun 30, 2021	0.68
XJUN	FT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - JUNE	$137M	0.85%	Jul 12, 2021	0.68
QPX	ADVISORSHARES Q DYNAMIC GROWTH ETF	$43M	1.74%	Dec 28, 2020	0.68
MILN	GLOBAL X MILLENNIAL CONSUMER ETF	$97M	0.50%	May 4, 2016	0.68
QYLG	GLOBAL X NASDAQ 100 COVERED CALL & GROWTH ETF	$160M	0.35%	Sep 18, 2020	0.68
FMQQ	FMQQ THE NEXT FRONTIER INTERNET ETF	$20M	0.86%	Sep 27, 2021	0.68
FBCG	FIDELITY BLUE CHIP GROWTH ETF	$7B	0.57%	Jun 2, 2020	0.68
FHYS	FEDERATED HERMES SHORT DURATION HIGH YIELD ETF	$51M	0.50%	Dec 16, 2021	0.68
QSPT	FT VEST NASDAQ-100 BUFFER ETF - SEPTEMBER	$625M	0.90%	Sep 17, 2021	0.68
NERD	ROUNDHILL VIDEO GAMES ETF	$14M	0.50%	Jun 3, 2019	0.68
FINX	GLOBAL X FINTECH ETF	$170M	0.68%	Sep 12, 2016	0.67
ODDS	PACER BLUESTAR DIGITAL ENTERTAINMENT ETF	$3.90M	0.49%	Apr 7, 2022	0.67
DEMZ	DEMOCRATIC LARGE CAP CORE ETF	$67M	0.45%	Nov 2, 2020	0.67
EKG	FIRST TRUST NASDAQ LUX DIGITAL HEALTH SOLUTIONS ETF	$2.80M	0.65%	Mar 22, 2022	0.67
ABOT	ABACUS FCF INNOVATION LEADERS ETF	$4.80M	0.39%	Dec 7, 2020	0.67
DTEC	ALPS DISRUPTIVE TECHNOLOGIES ETF	$70M	0.50%	Dec 28, 2017	0.67
QJUN	FT VEST NASDAQ-100 BUFFER ETF - JUNE	$665M	0.90%	Jun 18, 2021	0.67
PGRO	Putnam Focused Large Cap Growth ETF	$114M	0.49%	May 25, 2021	0.67
NUGO	NUVEEN GROWTH OPPORTUNITIES ETF	$2.60B	0.50%	Sep 27, 2021	0.67
QQQH	NEOS NASDAQ-100(R) HEDGED EQUITY INCOME ETF	$389M	0.68%	Dec 19, 2019	0.67
TMFM	MOTLEY FOOL MID-CAP GROWTH ETF	$119M	0.85%	Jun 17, 2014	0.67
MID	AMERICAN CENTURY MID CAP GROWTH IMPACT ETF	$101M	0.45%	Jul 15, 2020	0.67
ETHV	VanEck Ethereum ETF	$77M	0.20%	Jun 25, 2024	0.67
ETHW	Bitwise Ethereum ETF (The)	$168M	N/A	Jul 22, 2024	0.67
FETH	Fidelity Ethereum Fund	$751M	0.25%	Jul 22, 2024	0.67
EZET	Franklin Ethereum Trust	$32M	0.19%	Jul 23, 2024	0.67
ETHA	iShares Ethereum Trust (The)	$4.30B	0.25%	Jun 24, 2024	0.67
TETH	21Shares Core Ethereum ETF	$13M	0.21%	Jul 23, 2024	0.67
QETH	Invesco Galaxy Ethereum ETF	$16M	0.25%	Jul 23, 2024	0.67
ESPO	VANECK VIDEO GAMING AND ESPORTS ETF	$239M	0.55%	Oct 16, 2018	0.67
RBLY	YIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF	$2.40M	0.99%	Jul 28, 2025	0.67
ILDR	FIRST TRUST INNOVATION LEADERS ETF	$302M	0.75%	May 25, 2021	0.67
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	$1.50B	0.15%	Apr 6, 2021	0.67
TSEL	TOUCHSTONE SANDS CAPITAL US SELECT GROWTH ETF	$84M	0.67%	Dec 31, 2024	0.67