AMZN vs. GRT-UN.TO
AMZN (Amazon.com, Inc) and GRT-UN.TO (Granite Real Estate Investment Trust) are both stocks. AMZN operates in Internet Retail (Consumer Cyclical), while GRT-UN.TO operates in REIT - Industrial (Real Estate). Over the past 10 years, AMZN returned 20.83%/yr vs 13.54%/yr for GRT-UN.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
AMZN vs. GRT-UN.TO - Performance Comparison
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Different Trading Currencies
AMZN is traded in USD, while GRT-UN.TO is traded in CAD. To make them comparable, the GRT-UN.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AMZN achieves a 3.35% return, which is significantly lower than GRT-UN.TO's 15.06% return. Over the past 10 years, AMZN has outperformed GRT-UN.TO with an annualized return of 20.83%, while GRT-UN.TO has yielded a comparatively lower 13.54% annualized return.
AMZN
- 1D
- -1.23%
- 1M
- -11.69%
- YTD
- 3.35%
- 6M
- 5.46%
- 1Y
- 11.87%
- 3Y*
- 23.49%
- 5Y*
- 7.35%
- 10Y*
- 20.83%
GRT-UN.TO
- 1D
- -0.14%
- 1M
- 3.57%
- YTD
- 15.06%
- 6M
- 22.11%
- 1Y
- 34.57%
- 3Y*
- 8.16%
- 5Y*
- 4.09%
- 10Y*
- 13.54%
AMZN vs. GRT-UN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 3.35% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 76.26% | 23.03% | 28.43% | 55.96% |
GRT-UN.TO Granite Real Estate Investment Trust | 15.06% | 28.67% | -11.77% | 17.98% | -35.94% | 40.23% | 25.54% | 35.22% | 5.57% | 24.29% |
Correlation
The correlation between AMZN and GRT-UN.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.19 |
Fundamentals
AMZN:
$2.59T
GRT-UN.TO:
CA$5.73B
AMZN:
$8.37
GRT-UN.TO:
CA$6.39
AMZN:
28.50
GRT-UN.TO:
14.79
AMZN:
0.69
GRT-UN.TO:
0.91
AMZN:
3.48
GRT-UN.TO:
9.15
AMZN:
5.87
GRT-UN.TO:
1.02
AMZN:
$742.78B
GRT-UN.TO:
CA$629.87M
AMZN:
$348.59B
GRT-UN.TO:
CA$517.51M
AMZN:
$152.71B
GRT-UN.TO:
CA$513.85M
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Return for Risk
AMZN vs. GRT-UN.TO — Risk / Return Rank
AMZN
GRT-UN.TO
AMZN vs. GRT-UN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) and Granite Real Estate Investment Trust (GRT-UN.TO). 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 | GRT-UN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.31 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 2.61 | -2.07 |
| Martin ratioReturn relative to average drawdown | 1.29 | 8.35 | -7.06 |
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Drawdowns
AMZN vs. GRT-UN.TO - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than GRT-UN.TO's maximum drawdown of -89.30%. Use the drawdown chart below to compare losses from any high point for AMZN and GRT-UN.TO.
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Drawdown Indicators
| AMZN | GRT-UN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -89.30% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -13.29% | -8.45% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -31.60% | +0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -43.95% | -12.20% |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | -49.61% | -6.54% |
Current DrawdownCurrent decline from peak | -13.25% | -3.42% | -9.83% |
Average DrawdownAverage peak-to-trough decline | -28.19% | -18.51% | -9.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 4.19% | +5.02% |
Volatility
AMZN vs. GRT-UN.TO - Volatility Comparison
Amazon.com, Inc (AMZN) has a higher volatility of 7.92% compared to Granite Real Estate Investment Trust (GRT-UN.TO) at 5.65%. This indicates that AMZN's price experiences larger fluctuations and is considered to be riskier than GRT-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZN | GRT-UN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 5.65% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 20.73% | 15.73% | +5.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 19.84% | +10.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 23.11% | +12.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 23.53% | +8.95% |
Dividends
AMZN vs. GRT-UN.TO - Dividend Comparison
AMZN has not paid dividends to shareholders, while GRT-UN.TO's dividend yield for the trailing twelve months is around 3.68%.
| 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% |
GRT-UN.TO Granite Real Estate Investment Trust | 3.68% | 4.18% | 4.74% | 4.21% | 4.50% | 2.86% | 3.43% | 4.25% | 5.69% | 5.31% | 5.42% | 1.62% |
Financials
AMZN vs. GRT-UN.TO - Financials Comparison
This section allows you to compare key financial metrics between Amazon.com, Inc and Granite Real Estate Investment Trust. 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
AMZN vs. GRT-UN.TO - Profitability Comparison
AMZN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported a gross profit of 66.77B and revenue of 181.52B. Therefore, the gross margin over that period was 36.8%.
GRT-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a gross profit of 134.27M and revenue of 165.83M. Therefore, the gross margin over that period was 81.0%.
AMZN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported an operating income of 23.85B and revenue of 181.52B, resulting in an operating margin of 13.1%.
GRT-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported an operating income of 122.29M and revenue of 165.83M, resulting in an operating margin of 73.7%.
AMZN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported a net income of 30.26B and revenue of 181.52B, resulting in a net margin of 16.7%.
GRT-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a net income of 91.25M and revenue of 165.83M, resulting in a net margin of 55.0%.
Frequently Asked Questions
AMZN and GRT-UN.TO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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