AMZN.TO vs. BABA

Last updated Jun 4, 2026

AMZN.TO (Amazon.com CDR (CAD Hedged)) and BABA (Alibaba Group Holding Limited) are both stocks. Both operate in the Internet Retail industry within the Consumer Cyclical sector. Over the past year, AMZN.TO returned 18.64% vs 16.73% for BABA. At a 0.22 correlation, their price movements are largely independent.

Performance

AMZN.TO vs. BABA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Amazon.com CDR (CAD Hedged) (AMZN.TO) and Alibaba Group Holding Limited (BABA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AMZN.TO is traded in CAD, while BABA is traded in USD. To make them comparable, the BABA 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 7.31% return, which is significantly higher than BABA's -9.98% return.

AMZN.TO

• 1D: -2.77%
• 1M: -8.08%
• YTD: 7.31%
• 6M: 6.48%
• 1Y: 18.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BABA

• 1D: 0.00%
• 1M: -0.28%
• YTD: -9.98%
• 6M: -17.90%
• 1Y: 16.73%
• 3Y*: 19.01%
• 5Y*: -6.33%
• 10Y*: 6.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMZN.TO vs. BABA - Yearly Performance Comparison

	2026 (YTD)	2025
AMZN.TO Amazon.com CDR (CAD Hedged)	7.31%	-4.32%
BABA Alibaba Group Holding Limited	-12.11%	44.01%

Correlation

The correlation between AMZN.TO and BABA is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025	0.22

Return for Risk

AMZN.TO vs. BABA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMZN.TO

AMZN.TO Risk / Return Rank: 57
AMZN.TO Sharpe Ratio Rank: 61
AMZN.TO Sortino Ratio Rank: 55
AMZN.TO Omega Ratio Rank: 54
AMZN.TO Calmar Ratio Rank: 58
AMZN.TO Martin Ratio Rank: 59

BABA

BABA Risk / Return Rank: 48
BABA Sharpe Ratio Rank: 50
BABA Sortino Ratio Rank: 49
BABA Omega Ratio Rank: 45
BABA Calmar Ratio Rank: 48
BABA Martin Ratio Rank: 48

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMZN.TO vs. BABA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amazon.com CDR (CAD Hedged) (AMZN.TO) and Alibaba Group Holding Limited (BABA). 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.

	AMZN.TO	BABA	Difference
Sharpe ratio Return per unit of total volatility	0.64	0.39	+0.25
Sortino ratio Return per unit of downside risk	1.08	0.96	+0.11
Omega ratio Gain probability vs. loss probability	1.13	1.10	+0.03
Calmar ratio Return relative to maximum drawdown	0.85	0.45	+0.39
Martin ratio Return relative to average drawdown	2.01	0.87	+1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMZN.TO vs. BABA - Sharpe Ratio Comparison

The current AMZN.TO Sharpe Ratio is 0.64, which is higher than the BABA Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of AMZN.TO and BABA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AMZN.TO	BABA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	0.39	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.13	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.13	-0.07

Drawdowns

AMZN.TO vs. BABA - Drawdown Comparison

The maximum AMZN.TO drawdown since its inception was -30.30%, smaller than the maximum BABA drawdown of -79.43%. Use the drawdown chart below to compare losses from any high point for AMZN.TO and BABA.

Drawdown Indicators

	AMZN.TO	BABA	Difference
Max Drawdown Largest peak-to-trough decline	-30.30%	-79.43%	+49.13%
Max Drawdown (1Y) Largest decline over 1 year	-22.10%	-37.15%	+15.05%
Max Drawdown (3Y) Largest decline over 3 years	—	-37.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-69.77%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-79.43%	—
Current Drawdown Current decline from peak	-9.07%	-54.41%	+45.34%
Average Drawdown Average peak-to-trough decline	-10.71%	-35.33%	+24.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.30%	19.34%	-10.04%

Volatility

AMZN.TO vs. BABA - Volatility Comparison

The current volatility for Amazon.com CDR (CAD Hedged) (AMZN.TO) is 7.41%, while Alibaba Group Holding Limited (BABA) has a volatility of 14.47%. This indicates that AMZN.TO experiences smaller price fluctuations and is considered to be less risky than BABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMZN.TO	BABA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.41%	14.47%	-7.06%
Volatility (6M) Calculated over the trailing 6-month period	19.99%	28.32%	-8.33%
Volatility (1Y) Calculated over the trailing 1-year period	29.36%	43.24%	-13.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.28%	49.85%	-16.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.28%	42.00%	-8.72%

Dividends

AMZN.TO vs. BABA - Dividend Comparison

AMZN.TO has not paid dividends to shareholders, while BABA's dividend yield for the trailing twelve months is around 1.57%.

Position	TTM	2025	2024	2023
AMZN.TO Amazon.com CDR (CAD Hedged)	0.00%	0.00%	0.00%	0.00%
BABA Alibaba Group Holding Limited	1.57%	1.36%	1.96%	1.29%

Financials

Frequently Asked Questions

Can I hold both AMZN.TO and BABA in my portfolio?

AMZN.TO and BABA have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.