META.TO vs. META

Last updated Jun 5, 2026

META.TO (Meta CDR (CAD Hedged)) and META (Meta Platforms, Inc.) are both stocks. Both operate in the Internet Content & Information industry within the Communication Services sector. Over the past 3 years, META.TO returned 29.70%/yr vs 31.85%/yr for META. Their correlation of 0.95 suggests significant overlap in exposure.

Performance

META.TO vs. META - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Meta CDR (CAD Hedged) (META.TO) and Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

META.TO is traded in CAD, while META is traded in USD. To make them comparable, the META values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, META.TO achieves a -5.93% return, which is significantly higher than META's -8.67% return.

META.TO

• 1D: 0.93%
• 1M: 2.10%
• YTD: -5.93%
• 6M: -7.90%
• 1Y: -10.61%
• 3Y*: 29.70%
• 5Y*: —
• 10Y*: —

META

• 1D: -5.31%
• 1M: -1.08%
• YTD: -8.67%
• 6M: -11.01%
• 1Y: -11.43%
• 3Y*: 31.85%
• 5Y*: 15.88%
• 10Y*: 18.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

META.TO vs. META - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
META.TO Meta CDR (CAD Hedged)	-5.93%	9.98%	63.59%	188.42%	-64.96%	0.82%
META Meta Platforms, Inc.	-8.67%	7.91%	80.31%	187.65%	-61.67%	1.50%

Correlation

The correlation between META.TO and META is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (All Time) Calculated using the full available price history since Oct 6, 2021	0.95

The correlation between META.TO and META has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

META.TO vs. META — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

META.TO

META.TO Risk / Return Rank: 28
META.TO Sharpe Ratio Rank: 28
META.TO Sortino Ratio Rank: 25
META.TO Omega Ratio Rank: 25
META.TO Calmar Ratio Rank: 31
META.TO Martin Ratio Rank: 29

META

META Risk / Return Rank: 25
META Sharpe Ratio Rank: 25
META Sortino Ratio Rank: 24
META Omega Ratio Rank: 24
META Calmar Ratio Rank: 28
META Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

META.TO vs. META - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meta CDR (CAD Hedged) (META.TO) and Meta Platforms, Inc. (META). 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.

	META.TO	META	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	-0.33	0.00
Sortino ratio: Return per unit of downside risk	-0.25	-0.25	0.00
Omega ratio: Gain probability vs. loss probability	0.97	0.97	0.00
Calmar ratio: Return relative to maximum drawdown	-0.33	-0.35	+0.03
Martin ratio: Return relative to average drawdown	-0.68	-0.74	+0.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

META.TO vs. META - Sharpe Ratio Comparison

The current META.TO Sharpe Ratio is -0.33, which is comparable to the META Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of META.TO and META, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	META.TO	META	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.33	-0.33	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.62	-0.35

Drawdowns

META.TO vs. META - Drawdown Comparison

The maximum META.TO drawdown since its inception was -74.98%, roughly equal to the maximum META drawdown of -74.71%. Use the drawdown chart below to compare losses from any high point for META.TO and META.

Drawdown Indicators

	META.TO	META	Difference
Max Drawdown Largest peak-to-trough decline	-74.98%	-74.71%	-0.27%
Max Drawdown (1Y) Largest decline over 1 year	-34.36%	-32.72%	-1.64%
Max Drawdown (3Y) Largest decline over 3 years	-34.50%	-35.73%	+1.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-74.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-74.71%	—
Current Drawdown Current decline from peak	-22.25%	-23.86%	+1.61%
Average Drawdown Average peak-to-trough decline	-21.75%	-14.89%	-6.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.49%	15.44%	+1.05%

Volatility

META.TO vs. META - Volatility Comparison

The current volatility for Meta CDR (CAD Hedged) (META.TO) is 8.94%, while Meta Platforms, Inc. (META) has a volatility of 10.49%. This indicates that META.TO experiences smaller price fluctuations and is considered to be less risky than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	META.TO	META	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.94%	10.49%	-1.55%
Volatility (6M) Calculated over the trailing 6-month period	26.03%	26.62%	-0.59%
Volatility (1Y) Calculated over the trailing 1-year period	34.50%	34.98%	-0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.92%	43.10%	+1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.92%	37.81%	+7.11%

Dividends

META.TO vs. META - Dividend Comparison

META.TO's dividend yield for the trailing twelve months is around 0.34%, less than META's 0.35% yield.

Position	TTM	2025	2024
META Meta Platforms, Inc.	0.35%	0.32%	0.34%
META.TO Meta CDR (CAD Hedged)	0.34%	0.32%	0.34%

Financials

Frequently Asked Questions

Can I hold both META.TO and META in my portfolio?

With a correlation of 0.93, META.TO and META move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.