# If you had invested $1,000 in Shopify Inc (SHOP)

Source: https://www.equity-rank.com/if-you-invested/SHOP

10 years ago (Mon, Nov 7, 2016), $1,000 in SHOP grew to **$37,088** by Fri, Nov 6, 2026 with dividends reinvested ($37,088 on price alone). The same $1,000 in SPY grew to $4,042. Along the way SHOP fell as much as -84.8% from a high. Past results do not tell you what happens next.

| Invested | SHOP, dividends reinvested | Per year | Worst fall | SPY | SPY per year |
| --- | --- | --- | --- | --- | --- |
| 1 year ago | $954 | -4.6% | -44.2% | $1,109 | +10.9% |
| 3 years ago | $2,464 | +35.1% | -46.7% | $1,750 | +20.5% |
| 5 years ago | $971 | -0.6% | -84.8% | $1,677 | +10.9% |
| 10 years ago | $37,088 | +43.5% | -84.8% | $4,042 | +15.0% |

Today: model fair value $68.85 against a $148.91 price (gap -53.8%).

Split-adjusted closes; 0 cash dividends reinvested on their ex-dividend dates, before taxes and costs. SPY on its total-return price. Data as of Fri, Nov 6, 2026.

[Full SHOP valuation](https://www.equity-rank.com/stocks/SHOP) · [Other companies](https://www.equity-rank.com/if-you-invested)

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Fair value is a model estimate under stated assumptions — not a price target, not a prediction, and not a recommendation. This page is research information, not investment advice. Equity Rank is not a registered investment adviser.