ABT vs. CNI
ABT (Abbott Laboratories) and CNI (Canadian National Railway Company) are both stocks. ABT operates in Medical Devices (Healthcare), while CNI operates in Railroads (Industrials). Over the past 10 years, ABT returned 10.94%/yr vs 9.51%/yr for CNI. At a 0.29 correlation, their price movements are largely independent.
Performance
ABT vs. CNI - Performance Comparison
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Returns By Period
In the year-to-date period, ABT achieves a -28.82% return, which is significantly lower than CNI's 21.78% return. Over the past 10 years, ABT has outperformed CNI with an annualized return of 10.94%, while CNI has yielded a comparatively lower 9.51% annualized return.
ABT
- 1D
- -1.64%
- 1M
- 5.19%
- YTD
- -28.82%
- 6M
- -28.92%
- 1Y
- -34.06%
- 3Y*
- -2.76%
- 5Y*
- -2.50%
- 10Y*
- 10.94%
CNI
- 1D
- 0.60%
- 1M
- 6.94%
- YTD
- 21.78%
- 6M
- 22.98%
- 1Y
- 15.90%
- 3Y*
- 3.44%
- 5Y*
- 3.57%
- 10Y*
- 9.51%
ABT vs. CNI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABT Abbott Laboratories | -28.82% | 12.87% | 4.81% | 2.26% | -20.68% | 30.53% | 28.04% | 22.08% | 29.06% | 52.03% |
CNI Canadian National Railway Company | 21.78% | -0.10% | -17.51% | 7.84% | -1.86% | 13.70% | 23.66% | 24.26% | -8.49% | 25.03% |
Correlation
The correlation between ABT and CNI is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 26, 1996 | 0.29 |
The correlation between ABT and CNI shifts across timeframes, from 0.14 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ABT:
$154.05B
CNI:
$72.80B
ABT:
$3.59
CNI:
CA$7.60
ABT:
24.57
CNI:
21.89
ABT:
3.42
CNI:
5.96
ABT:
2.33
CNI:
4.73
ABT:
$45.13B
CNI:
CA$17.29B
ABT:
$25.45B
CNI:
CA$7.64B
ABT:
$10.80B
CNI:
CA$8.60B
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Return for Risk
ABT vs. CNI — Risk / Return Rank
ABT
CNI
ABT vs. CNI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abbott Laboratories (ABT) and Canadian National Railway Company (CNI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABT | CNI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -3.01 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 1.14 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 1.13 | -2.00 |
| Martin ratioReturn relative to average drawdown | -1.92 | 2.08 | -4.00 |
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Drawdowns
ABT vs. CNI - Drawdown Comparison
The maximum ABT drawdown since its inception was -45.66%, roughly equal to the maximum CNI drawdown of -46.66%. Use the drawdown chart below to compare losses from any high point for ABT and CNI.
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Drawdown Indicators
| ABT | CNI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.66% | -46.66% | +1.00% |
Max Drawdown (1Y)Largest decline over 1 year | -38.99% | -14.15% | -24.84% |
Max Drawdown (3Y)Largest decline over 3 years | -39.64% | -29.14% | -10.50% |
Max Drawdown (5Y)Largest decline over 5 years | -39.64% | -29.14% | -10.50% |
Max Drawdown (10Y)Largest decline over 10 years | -39.64% | -29.15% | -10.49% |
Current DrawdownCurrent decline from peak | -35.53% | -5.55% | -29.98% |
Average DrawdownAverage peak-to-trough decline | -10.84% | -9.49% | -1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.75% | 7.68% | +10.07% |
Volatility
ABT vs. CNI - Volatility Comparison
Abbott Laboratories (ABT) has a higher volatility of 7.71% compared to Canadian National Railway Company (CNI) at 4.12%. This indicates that ABT's price experiences larger fluctuations and is considered to be riskier than CNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABT | CNI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.71% | 4.12% | +3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 19.48% | 17.30% | +2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.51% | 21.90% | +2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.06% | 22.38% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.67% | 22.67% | +1.00% |
Dividends
ABT vs. CNI - Dividend Comparison
ABT's dividend yield for the trailing twelve months is around 2.77%, more than CNI's 2.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABT Abbott Laboratories | 2.77% | 1.88% | 1.95% | 1.85% | 1.71% | 1.28% | 1.32% | 1.47% | 1.55% | 1.86% | 2.71% | 2.14% |
CNI Canadian National Railway Company | 2.20% | 2.58% | 2.43% | 1.85% | 1.41% | 1.61% | 1.59% | 1.79% | 2.01% | 2.00% | 2.23% | 2.24% |
Financials
ABT vs. CNI - Financials Comparison
This section allows you to compare key financial metrics between Abbott Laboratories and Canadian National Railway Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ABT vs. CNI - Profitability Comparison
ABT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Abbott Laboratories reported a gross profit of 6.28B and revenue of 11.16B. Therefore, the gross margin over that period was 56.3%.
CNI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported a gross profit of 1.88B and revenue of 4.39B. Therefore, the gross margin over that period was 42.8%.
ABT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Abbott Laboratories reported an operating income of 1.84B and revenue of 11.16B, resulting in an operating margin of 16.5%.
CNI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported an operating income of 1.55B and revenue of 4.39B, resulting in an operating margin of 35.4%.
ABT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Abbott Laboratories reported a net income of 1.08B and revenue of 11.16B, resulting in a net margin of 9.7%.
CNI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported a net income of 1.15B and revenue of 4.39B, resulting in a net margin of 26.2%.
Frequently Asked Questions
ABT and CNI have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABT has higher volatility (7.71%) compared to CNI (4.12%). In terms of maximum drawdown, ABT dropped -45.66% vs CNI's -46.66%.
CNI currently has the higher Sharpe Ratio (0.73 vs -1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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