AMZN.TO vs. AMZN
AMZN.TO (Amazon.com CDR (CAD Hedged)) and AMZN (Amazon.com, Inc) are both stocks. Both operate in the Internet Retail industry within the Consumer Cyclical sector. Over the past 3 years, AMZN.TO returned 22.81%/yr vs 27.58%/yr for AMZN. Their correlation of 0.95 suggests significant overlap in exposure.
Performance
AMZN.TO vs. AMZN - Performance Comparison
Loading charts...
Different Trading Currencies
AMZN.TO is traded in CAD, while AMZN is traded in USD. To make them comparable, the AMZN values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AMZN.TO achieves a 5.86% return, which is significantly lower than AMZN's 9.01% return.
AMZN.TO
- 1D
- 3.88%
- 1M
- -7.98%
- YTD
- 5.86%
- 6M
- 7.42%
- 1Y
- 15.04%
- 3Y*
- 22.81%
- 5Y*
- —
- 10Y*
- —
AMZN
- 1D
- 3.67%
- 1M
- -5.41%
- YTD
- 9.01%
- 6M
- 10.01%
- 1Y
- 18.49%
- 3Y*
- 27.58%
- 5Y*
- 9.87%
- 10Y*
- 22.34%
AMZN.TO vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMZN.TO Amazon.com CDR (CAD Hedged) | 5.86% | 2.80% | 41.82% | 78.72% | -28.29% |
AMZN Amazon.com, Inc | 9.01% | 0.41% | 56.62% | 76.58% | -27.29% |
Correlation
The correlation between AMZN.TO and AMZN is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022 | 0.95 |
The correlation between AMZN.TO and AMZN has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.
Fundamentals
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMZN.TO vs. AMZN — Risk / Return Rank
AMZN.TO
AMZN
AMZN.TO vs. AMZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com CDR (CAD Hedged) (AMZN.TO) and Amazon.com, Inc (AMZN). 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.
| AMZN.TO | AMZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.13 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | 0.77 | -0.13 |
| Martin ratioReturn relative to average drawdown | 1.48 | 1.85 | -0.37 |
Loading charts...
Drawdowns
AMZN.TO vs. AMZN - Drawdown Comparison
The maximum AMZN.TO drawdown since its inception was -43.97%, smaller than the maximum AMZN drawdown of -63.03%. Use the drawdown chart below to compare losses from any high point for AMZN.TO and AMZN.
Loading charts...
Drawdown Indicators
| AMZN.TO | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.97% | -63.03% | +19.06% |
Max Drawdown (1Y)Largest decline over 1 year | -22.10% | -24.00% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -31.29% | -31.53% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -52.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.52% | — |
Current DrawdownCurrent decline from peak | -10.30% | -9.15% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -12.20% | -15.66% | +3.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.60% | 10.01% | -0.41% |
Volatility
AMZN.TO vs. AMZN - Volatility Comparison
Amazon.com CDR (CAD Hedged) (AMZN.TO) and Amazon.com, Inc (AMZN) have volatilities of 10.11% and 9.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMZN.TO | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.11% | 9.91% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 21.20% | 21.56% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.15% | 30.62% | -0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.55% | 36.04% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.55% | 33.16% | +0.39% |
Dividends
AMZN.TO vs. AMZN - Dividend Comparison
Neither AMZN.TO nor AMZN has paid dividends to shareholders.
Financials
AMZN.TO vs. AMZN - Financials Comparison
This section allows you to compare key financial metrics between Amazon.com CDR (CAD Hedged) and Amazon.com, Inc. 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
Frequently Asked Questions
With a correlation of 0.95, AMZN.TO and AMZN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Find the right allocation for AMZN.TO and AMZN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer