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What if you invested in Shopify in 2015?

SHOP · Technology · Data through 2026-06-01

$

If you invested $1,000 in Shopify in 2015

$45,276today
+4427.6% total return|+39.3% annualized

The same $1,000 in the S&P 500 would be worth $4,581(+358.1%)

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The S&P 500 returned $4,581 on the same $1,000. Shopify beat the market by $40,694.

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What if Shopify keeps this up?

Project forward at Shopify's 39.3% historical growth rate. See 5-30 year scenarios.

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Growth of $1,000

Shopify vs. S&P 500 vs. US Dollar, 2015 to present

Shopify
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Shopify starting January 2015

YearPriceValueAnnual
2015$2.72$1,000-
2016$2.32$854-14.6%
2017$5.08$1,868+118.9%
2018$12.79$4,703+151.7%
2019$16.85$6,194+31.7%
2020$46.57$17,120+176.4%
2021$109.86$40,389+135.9%
2022$96.42$35,450-12.2%
2023$49.27$18,114-48.9%
2024$80.07$29,438+62.5%
2025$116.80$42,941+45.9%
2026$131.23$48,246+12.4%

What this return means

$1,000 in Shopify (SHOP) in 2015 grew to $45,276. That works out to +4427.6%, about 45x the original stake, as of 2026-06-01.

That is a compound rate of about 39.3% a year, an extreme pace that few holdings sustain for 11.5 years. The same $1,000 in an S&P 500 index fund over the same span would be about $4,581, so Shopify beat the index by roughly $40,694. The index compounded at about 14.2% a year over that period.

Getting here meant sitting through real volatility. The best single year was 2020 at +176.4%, and the worst was 2023 at -48.9%. At its lowest point the position was down about 55% from an earlier high. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

This is historical math, not financial advice. Past performance does not guarantee future results.

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For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.