CNR.TO vs. AMZN
CNR.TO (Canadian National Railway Company) and AMZN (Amazon.com, Inc) are both stocks. CNR.TO operates in Railroads (Industrials), while AMZN operates in Internet Retail (Consumer Cyclical). Over the past 10 years, CNR.TO returned 10.40%/yr vs 21.87%/yr for AMZN. At a 0.28 correlation, their price movements are largely independent.
Performance
CNR.TO vs. AMZN - Performance Comparison
Loading charts...
Different Trading Currencies
CNR.TO is traded in CAD, while AMZN is traded in USD. To make them comparable, the AMZN values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CNR.TO achieves a 24.07% return, which is significantly higher than AMZN's 5.44% return. Over the past 10 years, CNR.TO has underperformed AMZN with an annualized return of 10.40%, while AMZN has yielded a comparatively higher 21.87% annualized return.
CNR.TO
- 1D
- 0.90%
- 1M
- 8.34%
- YTD
- 24.07%
- 6M
- 25.03%
- 1Y
- 20.96%
- 3Y*
- 5.17%
- 5Y*
- 6.61%
- 10Y*
- 10.40%
AMZN
- 1D
- -1.04%
- 1M
- -8.99%
- YTD
- 5.44%
- 6M
- 6.97%
- 1Y
- 15.58%
- 3Y*
- 25.34%
- 5Y*
- 10.49%
- 10Y*
- 21.87%
CNR.TO vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNR.TO Canadian National Railway Company | 24.07% | -4.60% | -10.53% | 5.67% | 5.47% | 12.88% | 21.30% | 18.29% | -0.77% | 16.60% |
AMZN Amazon.com, Inc | 5.44% | 0.41% | 56.62% | 76.58% | -46.42% | 2.33% | 72.07% | 17.96% | 39.23% | 45.40% |
Correlation
The correlation between CNR.TO and AMZN is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.28 |
Over the past year, the correlation between CNR.TO and AMZN has dropped to 0.04 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
CNR.TO:
CA$101.86B
AMZN:
$2.59T
CNR.TO:
CA$7.59
AMZN:
$8.37
CNR.TO:
21.92
AMZN:
28.50
CNR.TO:
6.93
AMZN:
0.69
CNR.TO:
5.97
AMZN:
3.48
CNR.TO:
4.75
AMZN:
5.87
CNR.TO:
CA$17.28B
AMZN:
$742.78B
CNR.TO:
CA$7.24B
AMZN:
$348.59B
CNR.TO:
CA$8.92B
AMZN:
$152.71B
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
CNR.TO vs. AMZN — Risk / Return Rank
CNR.TO
AMZN
CNR.TO vs. AMZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian National Railway Company (CNR.TO) and Amazon.com, Inc (AMZN). 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.
| CNR.TO | AMZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.11 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 0.60 | +0.96 |
| Martin ratioReturn relative to average drawdown | 3.01 | 1.45 | +1.56 |
Loading charts...
Drawdowns
CNR.TO vs. AMZN - Drawdown Comparison
The maximum CNR.TO drawdown since its inception was -32.54%, smaller than the maximum AMZN drawdown of -63.03%. Use the drawdown chart below to compare losses from any high point for CNR.TO and AMZN.
Loading charts...
Drawdown Indicators
| CNR.TO | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.54% | -63.03% | +30.49% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -24.00% | +11.68% |
Max Drawdown (3Y)Largest decline over 3 years | -27.25% | -31.53% | +4.28% |
Max Drawdown (5Y)Largest decline over 5 years | -27.25% | -52.52% | +25.27% |
Max Drawdown (10Y)Largest decline over 10 years | -27.25% | -52.52% | +25.27% |
Current DrawdownCurrent decline from peak | -2.29% | -12.12% | +9.83% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -15.66% | +8.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.38% | 9.93% | -3.55% |
Volatility
CNR.TO vs. AMZN - Volatility Comparison
The current volatility for Canadian National Railway Company (CNR.TO) is 3.94%, while Amazon.com, Inc (AMZN) has a volatility of 8.08%. This indicates that CNR.TO experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CNR.TO | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.94% | 8.08% | -4.14% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 20.95% | -4.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.12% | 30.13% | -9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.11% | 35.96% | -15.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.76% | 33.12% | -12.36% |
Dividends
CNR.TO vs. AMZN - Dividend Comparison
CNR.TO's dividend yield for the trailing twelve months is around 2.17%, while AMZN has not paid dividends to shareholders.
| 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% |
CNR.TO Canadian National Railway Company | 2.17% | 2.62% | 2.32% | 1.90% | 1.82% | 1.58% | 1.64% | 1.83% | 1.80% | 1.59% | 1.66% | 1.62% |
Financials
CNR.TO vs. AMZN - Financials Comparison
This section allows you to compare key financial metrics between Canadian National Railway Company and Amazon.com, Inc. 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
CNR.TO vs. AMZN - Profitability Comparison
CNR.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported a gross profit of 1.88B and revenue of 4.38B. Therefore, the gross margin over that period was 42.8%.
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%.
CNR.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported an operating income of 1.55B and revenue of 4.38B, resulting in an operating margin of 35.4%.
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%.
CNR.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported a net income of 1.15B and revenue of 4.38B, resulting in a net margin of 26.2%.
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%.
Frequently Asked Questions
CNR.TO and AMZN have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CNR.TO and AMZN
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