AMX vs. VIV
AMX (América Móvil, S.A.B. de C.V.) and VIV (Telefônica Brasil S.A.) are both stocks. Both operate in the Telecom Services industry within the Communication Services sector. Over the past 10 years, AMX returned 10.60%/yr vs 8.58%/yr for VIV. At a 0.42 correlation, their price movements are largely independent.
Performance
AMX vs. VIV - Performance Comparison
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Returns By Period
In the year-to-date period, AMX achieves a 23.56% return, which is significantly higher than VIV's 16.55% return. Over the past 10 years, AMX has outperformed VIV with an annualized return of 10.60%, while VIV has yielded a comparatively lower 8.58% annualized return.
AMX
- 1D
- -0.66%
- 1M
- -3.66%
- YTD
- 23.56%
- 6M
- 17.86%
- 1Y
- 54.24%
- 3Y*
- 8.36%
- 5Y*
- 14.09%
- 10Y*
- 10.60%
VIV
- 1D
- -2.08%
- 1M
- -12.89%
- YTD
- 16.55%
- 6M
- 7.88%
- 1Y
- 37.38%
- 3Y*
- 24.02%
- 5Y*
- 14.77%
- 10Y*
- 8.58%
AMX vs. VIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMX América Móvil, S.A.B. de C.V. | 23.56% | 48.56% | -20.36% | 4.60% | -9.82% | 48.68% | -6.62% | 15.01% | -15.29% | 39.13% |
VIV Telefônica Brasil S.A. | 16.55% | 67.26% | -27.07% | 64.86% | -13.84% | 4.65% | -32.07% | 27.54% | -11.53% | 23.72% |
Correlation
The correlation between AMX and VIV is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2001 | 0.42 |
The correlation between AMX and VIV shifts across timeframes, from 0.42 (all time) to 0.54 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AMX:
$77.19B
VIV:
$21.11B
AMX:
$29.05
VIV:
$3.99
AMX:
0.88
VIV:
3.31
AMX:
0.02
VIV:
0.99
AMX:
0.08
VIV:
0.35
AMX:
0.18
VIV:
0.31
AMX:
$944.51B
VIV:
$60.61B
AMX:
$453.55B
VIV:
$25.92B
AMX:
$383.46B
VIV:
$24.27B
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Return for Risk
AMX vs. VIV — Risk / Return Rank
AMX
VIV
AMX vs. VIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for América Móvil, S.A.B. de C.V. (AMX) and Telefônica Brasil S.A. (VIV). 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.
| AMX | VIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.23 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | 1.87 | +1.68 |
| Martin ratioReturn relative to average drawdown | 9.72 | 5.63 | +4.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMX | VIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 1.31 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.52 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.28 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.14 | +0.19 |
Drawdowns
AMX vs. VIV - Drawdown Comparison
The maximum AMX drawdown since its inception was -64.34%, smaller than the maximum VIV drawdown of -77.73%. Use the drawdown chart below to compare losses from any high point for AMX and VIV.
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Drawdown Indicators
| AMX | VIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.34% | -77.73% | +13.39% |
Max Drawdown (1Y)Largest decline over 1 year | -15.36% | -20.10% | +4.74% |
Max Drawdown (3Y)Largest decline over 3 years | -36.73% | -30.17% | -6.56% |
Max Drawdown (5Y)Largest decline over 5 years | -38.08% | -40.76% | +2.68% |
Max Drawdown (10Y)Largest decline over 10 years | -44.45% | -47.57% | +3.12% |
Current DrawdownCurrent decline from peak | -6.86% | -19.67% | +12.81% |
Average DrawdownAverage peak-to-trough decline | -24.12% | -32.03% | +7.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 6.65% | -1.05% |
Volatility
AMX vs. VIV - Volatility Comparison
The current volatility for América Móvil, S.A.B. de C.V. (AMX) is 5.52%, while Telefônica Brasil S.A. (VIV) has a volatility of 10.10%. This indicates that AMX experiences smaller price fluctuations and is considered to be less risky than VIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMX | VIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 10.10% | -4.58% |
Volatility (6M)Calculated over the trailing 6-month period | 20.24% | 23.74% | -3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.85% | 28.78% | -2.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.73% | 28.55% | -2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.01% | 31.22% | -2.21% |
Dividends
AMX vs. VIV - Dividend Comparison
AMX's dividend yield for the trailing twelve months is around 2.17%, less than VIV's 6.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMX América Móvil, S.A.B. de C.V. | 2.17% | 2.68% | 3.59% | 2.83% | 4.41% | 1.88% | 2.49% | 2.29% | 2.24% | 1.91% | 2.27% | 8.55% |
VIV Telefônica Brasil S.A. | 6.90% | 5.25% | 6.60% | 5.55% | 5.86% | 6.44% | 10.22% | 5.25% | 9.20% | 10.87% | 4.09% | 10.07% |
Financials
AMX vs. VIV - Financials Comparison
This section allows you to compare key financial metrics between América Móvil, S.A.B. de C.V. and Telefônica Brasil S.A.. 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
AMX vs. VIV - Profitability Comparison
AMX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, América Móvil, S.A.B. de C.V. reported a gross profit of 148.31B and revenue of 236.84B. Therefore, the gross margin over that period was 62.6%.
VIV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Telefônica Brasil S.A. reported a gross profit of 6.17B and revenue of 15.17B. Therefore, the gross margin over that period was 40.7%.
AMX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, América Móvil, S.A.B. de C.V. reported an operating income of 50.52B and revenue of 236.84B, resulting in an operating margin of 21.3%.
VIV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Telefônica Brasil S.A. reported an operating income of 2.24B and revenue of 15.17B, resulting in an operating margin of 14.8%.
AMX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, América Móvil, S.A.B. de C.V. reported a net income of 23.40B and revenue of 236.84B, resulting in a net margin of 9.9%.
VIV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Telefônica Brasil S.A. reported a net income of 1.24B and revenue of 15.17B, resulting in a net margin of 8.2%.
Frequently Asked Questions
AMX and VIV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIV has higher volatility (10.10%) compared to AMX (5.52%). In terms of maximum drawdown, AMX dropped -64.34% vs VIV's -77.73%.
AMX currently has the higher Sharpe Ratio (2.11 vs 1.31), 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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