AMZN vs. TRP.TO
AMZN (Amazon.com, Inc) and TRP.TO (TC Energy Corporation) are both stocks. AMZN operates in Internet Retail (Consumer Cyclical), while TRP.TO operates in Oil & Gas Midstream (Energy). Over the past 10 years, AMZN returned 20.83%/yr vs 10.57%/yr for TRP.TO. At a 0.17 correlation, their price movements are largely independent.
Performance
AMZN vs. TRP.TO - Performance Comparison
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Different Trading Currencies
AMZN is traded in USD, while TRP.TO is traded in CAD. To make them comparable, the TRP.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 TRP.TO's 26.98% return. Over the past 10 years, AMZN has outperformed TRP.TO with an annualized return of 20.83%, while TRP.TO has yielded a comparatively lower 10.57% 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%
TRP.TO
- 1D
- -0.09%
- 1M
- 3.32%
- YTD
- 26.98%
- 6M
- 29.69%
- 1Y
- 45.76%
- 3Y*
- 26.39%
- 5Y*
- 11.55%
- 10Y*
- 10.57%
AMZN vs. TRP.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% |
TRP.TO TC Energy Corporation | 26.98% | 24.01% | 26.92% | 5.02% | -8.57% | 20.40% | -18.81% | 54.87% | -22.52% | 12.87% |
Correlation
The correlation between AMZN and TRP.TO is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.17 |
The correlation between AMZN and TRP.TO shifts across timeframes, from -0.12 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AMZN:
$2.59T
TRP.TO:
CA$101.12B
AMZN:
$8.37
TRP.TO:
CA$3.31
AMZN:
28.50
TRP.TO:
29.36
AMZN:
0.69
TRP.TO:
0.39
AMZN:
3.48
TRP.TO:
6.41
AMZN:
5.87
TRP.TO:
4.00
AMZN:
$742.78B
TRP.TO:
CA$15.76B
AMZN:
$348.59B
TRP.TO:
CA$8.07B
AMZN:
$152.71B
TRP.TO:
CA$10.90B
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Return for Risk
AMZN vs. TRP.TO — Risk / Return Rank
AMZN
TRP.TO
AMZN vs. TRP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) and TC Energy Corporation (TRP.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 | TRP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.23 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.42 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 4.91 | -4.36 |
| Martin ratioReturn relative to average drawdown | 1.29 | 14.69 | -13.40 |
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Drawdowns
AMZN vs. TRP.TO - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than TRP.TO's maximum drawdown of -45.94%. Use the drawdown chart below to compare losses from any high point for AMZN and TRP.TO.
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Drawdown Indicators
| AMZN | TRP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -45.94% | -48.46% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -9.37% | -12.37% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -16.90% | -13.98% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -38.51% | -17.64% |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | -41.76% | -14.39% |
Current DrawdownCurrent decline from peak | -13.25% | -2.37% | -10.88% |
Average DrawdownAverage peak-to-trough decline | -28.19% | -12.29% | -15.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 3.19% | +6.02% |
Volatility
AMZN vs. TRP.TO - Volatility Comparison
Amazon.com, Inc (AMZN) has a higher volatility of 7.92% compared to TC Energy Corporation (TRP.TO) at 5.24%. This indicates that AMZN's price experiences larger fluctuations and is considered to be riskier than TRP.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 | TRP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 5.24% | +2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 20.73% | 12.92% | +7.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 17.48% | +12.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 20.80% | +14.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 24.25% | +8.23% |
Dividends
AMZN vs. TRP.TO - Dividend Comparison
AMZN has not paid dividends to shareholders, while TRP.TO's dividend yield for the trailing twelve months is around 3.53%.
| 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% |
TRP.TO TC Energy Corporation | 3.53% | 4.50% | 5.40% | 6.71% | 6.67% | 5.92% | 6.26% | 4.34% | 5.66% | 4.09% | 3.73% | 4.60% |
Financials
AMZN vs. TRP.TO - Financials Comparison
This section allows you to compare key financial metrics between Amazon.com, Inc and TC Energy Corporation. 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. TRP.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%.
TRP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a gross profit of 2.40B and revenue of 4.23B. Therefore, the gross margin over that period was 56.7%.
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%.
TRP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported an operating income of 2.21B and revenue of 4.23B, resulting in an operating margin of 52.1%.
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%.
TRP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a net income of 927.00M and revenue of 4.23B, resulting in a net margin of 21.9%.
Frequently Asked Questions
AMZN and TRP.TO have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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