AMZN.TO vs. VFIAX

Last updated Jul 4, 2026

AMZN.TO (Amazon.com CDR (CAD Hedged)) is a stock, while VFIAX (Vanguard 500 Index Fund Admiral Shares) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, AMZN.TO returned 20.76%/yr vs 23.29%/yr for VFIAX. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

AMZN.TO vs. VFIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Amazon.com CDR (CAD Hedged) (AMZN.TO) and Vanguard 500 Index Fund Admiral Shares (VFIAX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AMZN.TO is traded in CAD, while VFIAX is traded in USD. To make them comparable, the VFIAX 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 4.10% return, which is significantly lower than VFIAX's 14.15% return.

AMZN.TO

• 1D: 0.04%
• 1M: -2.99%
• 6M: 6.12%
• YTD: 4.10%
• 1Y: 6.45%
• 3Y*: 20.76%
• 5Y*: —
• 10Y*: —

VFIAX

• 1D: 0.09%
• 1M: 1.84%
• 6M: 13.73%
• YTD: 14.15%
• 1Y: 26.13%
• 3Y*: 23.29%
• 5Y*: 16.07%
• 10Y*: 16.48%

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

AMZN.TO vs. VFIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMZN.TO Amazon.com CDR (CAD Hedged)	4.10%	2.80%	41.82%	78.72%	-28.29%
VFIAX Vanguard 500 Index Fund Admiral Shares	14.15%	12.45%	35.55%	23.24%	2.27%

Correlation

The correlation between AMZN.TO and VFIAX is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022	0.61

The correlation between AMZN.TO and VFIAX has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.

Return for Risk

AMZN.TO vs. VFIAX — 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: 49
AMZN.TO Sharpe Ratio Rank: 52
AMZN.TO Sortino Ratio Rank: 46
AMZN.TO Omega Ratio Rank: 45
AMZN.TO Calmar Ratio Rank: 52
AMZN.TO Martin Ratio Rank: 52

VFIAX

VFIAX Risk / Return Rank: 60
VFIAX Sharpe Ratio Rank: 58
VFIAX Sortino Ratio Rank: 54
VFIAX Omega Ratio Rank: 55
VFIAX Calmar Ratio Rank: 61
VFIAX Martin Ratio Rank: 72

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. VFIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amazon.com CDR (CAD Hedged) (AMZN.TO) and Vanguard 500 Index Fund Admiral Shares (VFIAX). 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	VFIAX	Difference
Sharpe ratio: Return per unit of total volatility	0.21	2.08	-1.87
Sortino ratio: Return per unit of downside risk	0.51	2.88	-2.37
Omega ratio: Gain probability vs. loss probability	1.06	1.37	-0.30
Calmar ratio: Return relative to maximum drawdown	0.29	2.99	-2.70
Martin ratio: Return relative to average drawdown	0.65	11.21	-10.56

AMZN.TO vs. VFIAX - Sharpe Ratio Comparison

The current AMZN.TO Sharpe Ratio is 0.21, which is lower than the VFIAX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of AMZN.TO and VFIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMZN.TO vs. VFIAX - Drawdown Comparison

The maximum AMZN.TO drawdown since its inception was -43.97%, smaller than the maximum VFIAX drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for AMZN.TO and VFIAX.

Drawdown Indicators

	AMZN.TO	VFIAX	Difference
Max Drawdown Largest peak-to-trough decline	-43.97%	-46.35%	+2.38%
Max Drawdown (1Y) Largest decline over 1 year	-22.10%	-8.95%	-13.15%
Max Drawdown (3Y) Largest decline over 3 years	-31.29%	-19.38%	-11.91%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.81%	—
Current Drawdown Current decline from peak	-11.79%	-0.15%	-11.64%
Average Drawdown Average peak-to-trough decline	-12.22%	-7.88%	-4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.00%	2.39%	+7.61%

Volatility

AMZN.TO vs. VFIAX - Volatility Comparison

Amazon.com CDR (CAD Hedged) (AMZN.TO) has a higher volatility of 11.42% compared to Vanguard 500 Index Fund Admiral Shares (VFIAX) at 5.25%. This indicates that AMZN.TO's price experiences larger fluctuations and is considered to be riskier than VFIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMZN.TO	VFIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.42%	5.25%	+6.17%
Volatility (6M) Calculated over the trailing 6-month period	22.38%	10.38%	+12.00%
Volatility (1Y) Calculated over the trailing 1-year period	30.75%	12.89%	+17.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.61%	17.97%	+15.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.61%	19.14%	+14.47%

Dividends

AMZN.TO vs. VFIAX - Dividend Comparison

AMZN.TO has not paid dividends to shareholders, while VFIAX's dividend yield for the trailing twelve months is around 1.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMZN.TO Amazon.com CDR (CAD Hedged)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VFIAX Vanguard 500 Index Fund Admiral Shares	1.06%	1.12%	1.24%	1.45%	1.68%	1.24%	1.53%	1.87%	2.05%	1.78%	2.02%	2.10%

Frequently Asked Questions

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

AMZN.TO and VFIAX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.