AMZN vs. GOVT
AMZN (Amazon.com, Inc) is a stock, while GOVT (iShares U.S. Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury Core Bond Index. Over the past 10 years, AMZN returned 21.19%/yr vs 0.79%/yr for GOVT. At a correlation of -0.07, they often move in opposite directions.
Performance
AMZN vs. GOVT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMZN achieves a 6.24% return, which is significantly higher than GOVT's -0.44% return. Over the past 10 years, AMZN has outperformed GOVT with an annualized return of 21.19%, while GOVT has yielded a comparatively lower 0.79% annualized return.
AMZN
- 1D
- -0.33%
- 1M
- -10.07%
- YTD
- 6.24%
- 6M
- 8.08%
- 1Y
- 14.82%
- 3Y*
- 25.71%
- 5Y*
- 8.37%
- 10Y*
- 21.19%
GOVT
- 1D
- -0.11%
- 1M
- -0.70%
- YTD
- -0.44%
- 6M
- -0.15%
- 1Y
- 3.62%
- 3Y*
- 2.77%
- 5Y*
- -0.59%
- 10Y*
- 0.79%
AMZN vs. GOVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 6.24% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 76.26% | 23.03% | 28.43% | 55.96% |
GOVT iShares U.S. Treasury Bond ETF | -0.44% | 3.77% | 2.95% | 4.17% | -13.39% | -1.11% | 7.28% | 7.36% | 0.26% | 2.19% |
Correlation
The correlation between AMZN and GOVT is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2012 | -0.07 |
The correlation between AMZN and GOVT shifts across timeframes, from -0.07 (all time) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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 vs. GOVT — Risk / Return Rank
AMZN
GOVT
AMZN vs. GOVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) and iShares U.S. Treasury Bond ETF (GOVT). 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 | GOVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.17 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 1.27 | -0.59 |
| Martin ratioReturn relative to average drawdown | 1.64 | 3.66 | -2.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AMZN | GOVT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | 1.02 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | -0.10 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.15 | +0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.25 | +0.31 |
Drawdowns
AMZN vs. GOVT - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than GOVT's maximum drawdown of -19.07%. Use the drawdown chart below to compare losses from any high point for AMZN and GOVT.
Loading charts...
Drawdown Indicators
| AMZN | GOVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -19.07% | -75.33% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -2.85% | -18.89% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -5.43% | -25.45% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -16.60% | -39.55% |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | -19.07% | -37.08% |
Current DrawdownCurrent decline from peak | -10.83% | -7.48% | -3.35% |
Average DrawdownAverage peak-to-trough decline | -28.12% | -5.25% | -22.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.08% | 0.99% | +8.09% |
Volatility
AMZN vs. GOVT - Volatility Comparison
Amazon.com, Inc (AMZN) has a higher volatility of 7.80% compared to iShares U.S. Treasury Bond ETF (GOVT) at 1.05%. This indicates that AMZN's price experiences larger fluctuations and is considered to be riskier than GOVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMZN | GOVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 1.05% | +6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 20.58% | 2.53% | +18.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 3.56% | +26.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 6.04% | +29.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 5.23% | +27.25% |
Dividends
AMZN vs. GOVT - Dividend Comparison
AMZN has not paid dividends to shareholders, while GOVT's dividend yield for the trailing twelve months is around 3.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GOVT iShares U.S. Treasury Bond ETF | 3.60% | 3.49% | 3.14% | 2.65% | 1.77% | 0.96% | 2.17% | 1.98% | 1.97% | 1.57% | 1.40% | 1.25% |
Frequently Asked Questions
AMZN and GOVT have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZN has higher volatility (7.80%) compared to GOVT (1.05%). In terms of maximum drawdown, AMZN dropped -94.40% vs GOVT's -19.07%.
GOVT currently has the higher Sharpe Ratio (1.02 vs 0.49), 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.
Find the right allocation for AMZN and GOVT
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