COST vs. CP.TO
COST (Costco Wholesale Corporation) and CP.TO (Canadian Pacific Railway Limited) are both stocks. COST operates in Discount Stores (Consumer Defensive), while CP.TO operates in Railroads (Industrials). Over the past 10 years, COST returned 22.27%/yr vs 16.86%/yr for CP.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
COST vs. CP.TO - Performance Comparison
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Different Trading Currencies
COST is traded in USD, while CP.TO is traded in CAD. To make them comparable, the CP.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, COST achieves a 14.24% return, which is significantly lower than CP.TO's 22.22% return. Over the past 10 years, COST has outperformed CP.TO with an annualized return of 22.27%, while CP.TO has yielded a comparatively lower 16.86% annualized return.
COST
- 1D
- 0.68%
- 1M
- -4.91%
- YTD
- 14.24%
- 6M
- 11.38%
- 1Y
- -1.48%
- 3Y*
- 25.12%
- 5Y*
- 22.12%
- 10Y*
- 22.27%
CP.TO
- 1D
- 0.66%
- 1M
- 5.02%
- YTD
- 22.22%
- 6M
- 20.47%
- 1Y
- 12.33%
- 3Y*
- 6.28%
- 5Y*
- 2.97%
- 10Y*
- 16.86%
COST vs. CP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 14.24% | -5.39% | 39.62% | 49.00% | -19.05% | 51.82% | 32.67% | 45.70% | 10.60% | 22.37% |
CP.TO Canadian Pacific Railway Limited | 22.22% | 2.59% | -7.85% | 7.17% | 5.17% | 4.84% | 43.50% | 50.20% | 2.51% | 35.44% |
Correlation
The correlation between COST and CP.TO is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.27 |
Over the past year, the correlation between COST and CP.TO has dropped to 0.06 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
COST:
$26.51
CP.TO:
CA$4.49
COST:
37.06
CP.TO:
28.03
COST:
2.90
CP.TO:
11.78
COST:
1.12
CP.TO:
7.63
COST:
$293.59B
CP.TO:
CA$14.98B
COST:
$11.12B
CP.TO:
CA$6.94B
COST:
$12.48B
CP.TO:
CA$8.23B
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Return for Risk
COST vs. CP.TO — Risk / Return Rank
COST
CP.TO
COST vs. CP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Costco Wholesale Corporation (COST) and Canadian Pacific Railway Limited (CP.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.
| COST | CP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.11 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 0.77 | -0.87 |
| Martin ratioReturn relative to average drawdown | -0.22 | 1.46 | -1.69 |
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Drawdowns
COST vs. CP.TO - Drawdown Comparison
The maximum COST drawdown since its inception was -53.39%, smaller than the maximum CP.TO drawdown of -66.07%. Use the drawdown chart below to compare losses from any high point for COST and CP.TO.
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Drawdown Indicators
| COST | CP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.39% | -66.07% | +12.68% |
Max Drawdown (1Y)Largest decline over 1 year | -15.14% | -16.04% | +0.90% |
Max Drawdown (3Y)Largest decline over 3 years | -20.74% | -25.70% | +4.96% |
Max Drawdown (5Y)Largest decline over 5 years | -31.40% | -25.70% | -5.70% |
Max Drawdown (10Y)Largest decline over 10 years | -31.40% | -33.22% | +1.82% |
Current DrawdownCurrent decline from peak | -10.23% | -1.56% | -8.67% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -12.84% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.67% | 8.44% | -1.77% |
Volatility
COST vs. CP.TO - Volatility Comparison
Costco Wholesale Corporation (COST) has a higher volatility of 7.44% compared to Canadian Pacific Railway Limited (CP.TO) at 5.22%. This indicates that COST's price experiences larger fluctuations and is considered to be riskier than CP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COST | CP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.44% | 5.22% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 14.53% | 17.42% | -2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 22.53% | -3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.72% | 23.54% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.95% | 24.69% | -2.74% |
Dividends
COST vs. CP.TO - Dividend Comparison
COST's dividend yield for the trailing twelve months is around 0.55%, less than CP.TO's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.55% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
CP.TO Canadian Pacific Railway Limited | 0.72% | 0.86% | 0.73% | 0.72% | 0.75% | 1.67% | 4.03% | 4.74% | 5.19% | 4.76% | 4.83% | 3.96% |
Financials
COST vs. CP.TO - Financials Comparison
This section allows you to compare key financial metrics between Costco Wholesale Corporation and Canadian Pacific Railway Limited. 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
COST vs. CP.TO - Profitability Comparison
COST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported a gross profit of -17.68B and revenue of 70.53B. Therefore, the gross margin over that period was -25.1%.
CP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Railway Limited reported a gross profit of 1.36B and revenue of 3.70B. Therefore, the gross margin over that period was 36.8%.
COST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported an operating income of 2.82B and revenue of 70.53B, resulting in an operating margin of 4.0%.
CP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Railway Limited reported an operating income of 1.27B and revenue of 3.70B, resulting in an operating margin of 34.2%.
COST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported a net income of 2.19B and revenue of 70.53B, resulting in a net margin of 3.1%.
CP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Railway Limited reported a net income of 846.00M and revenue of 3.70B, resulting in a net margin of 22.9%.
Frequently Asked Questions
COST and CP.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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