KNX vs. CP
KNX (Knight-Swift Transportation Holdings Inc.) and CP (Canadian Pacific Kansas City Limited) are both stocks. Both are in the Industrials sector — KNX in Trucking, CP in Railroads. Over the past 10 years, KNX returned 10.32%/yr vs 12.76%/yr for CP. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
KNX vs. CP - Performance Comparison
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Returns By Period
In the year-to-date period, KNX achieves a 33.77% return, which is significantly higher than CP's 21.24% return. Over the past 10 years, KNX has underperformed CP with an annualized return of 10.32%, while CP has yielded a comparatively higher 12.76% annualized return.
KNX
- 1D
- -0.39%
- 1M
- -8.93%
- 6M
- 26.93%
- YTD
- 33.77%
- 1Y
- 70.68%
- 3Y*
- 6.56%
- 5Y*
- 8.16%
- 10Y*
- 10.32%
- ALL TIME*
- 13.24%
CP
- 1D
- 0.83%
- 1M
- 1.25%
- 6M
- 20.08%
- YTD
- 21.24%
- 1Y
- 23.04%
- 3Y*
- 3.86%
- 5Y*
- 4.52%
- 10Y*
- 12.76%
- ALL TIME*
- 10.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $233.07M | $226.64M | $247.01M | |
| $348.85M | $312.95M | $336.68M |
KNX vs. CP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KNX Knight-Swift Transportation Holdings Inc. | 33.77% | 0.09% | -6.86% | 11.11% | -13.20% | 46.82% | 17.64% | 44.01% | -42.30% | 33.16% |
CP Canadian Pacific Kansas City Limited | 21.24% | 2.60% | -7.84% | 6.85% | 4.71% | 4.64% | 37.33% | 45.04% | -1.81% | 29.32% |
Correlation
The correlation between KNX and CP is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 1994 | 0.32 |
The correlation between KNX and CP shifts across timeframes, from 0.32 (all time) to 0.44 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
KNX:
$11.30B
CP:
$78.14B
KNX:
$0.26
CP:
$4.85
KNX:
263.94
CP:
18.31
KNX:
1.47
CP:
4.91
KNX:
$7.73B
CP:
$16.44B
KNX:
$2.43B
CP:
$7.68B
KNX:
$928.50M
CP:
$9.05B
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Return for Risk
KNX vs. CP — Risk / Return Rank
KNX
CP
KNX vs. CP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Knight-Swift Transportation Holdings Inc. (KNX) and Canadian Pacific Kansas City Limited (CP). 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.
| KNX | CP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.18 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 1.68 | +2.00 |
| Martin ratioReturn relative to average drawdown | 9.96 | 3.99 | +5.98 |
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Drawdowns
KNX vs. CP - Drawdown Comparison
The maximum KNX drawdown since its inception was -67.93%, roughly equal to the maximum CP drawdown of -69.17%. Use the drawdown chart below to compare losses from any high point for KNX and CP.
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Drawdown Indicators
| KNX | CP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.93% | -69.17% | +1.24% |
Max Drawdown (1Y)Largest decline over 1 year | -17.95% | -13.10% | -4.85% |
Max Drawdown (3Y)Largest decline over 3 years | -35.71% | -25.88% | -9.83% |
Max Drawdown (5Y)Largest decline over 5 years | -38.04% | -25.88% | -12.16% |
Max Drawdown (10Y)Largest decline over 10 years | -51.57% | -33.70% | -17.87% |
Current DrawdownCurrent decline from peak | -15.67% | -5.14% | -10.53% |
Average DrawdownAverage peak-to-trough decline | -16.23% | -20.24% | +4.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 5.51% | +1.12% |
Volatility
KNX vs. CP - Volatility Comparison
Knight-Swift Transportation Holdings Inc. (KNX) has a higher volatility of 9.77% compared to Canadian Pacific Kansas City Limited (CP) at 6.30%. This indicates that KNX's price experiences larger fluctuations and is considered to be riskier than CP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KNX | CP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.77% | 6.30% | +3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 29.40% | 16.47% | +12.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.98% | 22.84% | +17.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.61% | 24.38% | +9.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.97% | 25.49% | +8.48% |
Dividends
KNX vs. CP - Dividend Comparison
KNX's dividend yield for the trailing twelve months is around 1.09%, more than CP's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CP Canadian Pacific Kansas City Limited | 0.77% | 0.86% | 0.76% | 0.78% | 0.96% | 0.84% | 0.76% | 0.93% | 1.07% | 0.92% | 0.98% | 0.98% |
KNX Knight-Swift Transportation Holdings Inc. | 1.09% | 1.38% | 1.21% | 0.97% | 0.92% | 0.62% | 0.77% | 0.67% | 0.96% | 0.55% | 0.73% | 0.99% |
Financials
KNX vs. CP - Financials Comparison
This section allows you to compare key financial metrics between Knight-Swift Transportation Holdings Inc. and Canadian Pacific Kansas City 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
KNX vs. CP - Profitability Comparison
KNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Knight-Swift Transportation Holdings Inc. reported a gross profit of 697.39M and revenue of 2.10B. Therefore, the gross margin over that period was 33.3%.
CP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Canadian Pacific Kansas City Limited reported a gross profit of 1.75B and revenue of 5.16B. Therefore, the gross margin over that period was 34.0%.
KNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Knight-Swift Transportation Holdings Inc. reported an operating income of 104.85M and revenue of 2.10B, resulting in an operating margin of 5.0%.
CP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Canadian Pacific Kansas City Limited reported an operating income of 1.75B and revenue of 5.16B, resulting in an operating margin of 34.0%.
KNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Knight-Swift Transportation Holdings Inc. reported a net income of 43.19M and revenue of 2.10B, resulting in a net margin of 2.1%.
CP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Canadian Pacific Kansas City Limited reported a net income of 1.18B and revenue of 5.16B, resulting in a net margin of 22.9%.
Frequently Asked Questions
KNX and CP have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KNX has higher volatility (9.77%) compared to CP (6.30%). In terms of maximum drawdown, KNX dropped -67.93% vs CP's -69.17%.
KNX currently has the higher Sharpe Ratio (1.65 vs 0.97), 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.
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