MSFT.TO vs. META

Last updated Jun 13, 2026

MSFT.TO (Microsoft CDR (CAD Hedged)) and META (Meta Platforms, Inc.) are both stocks. MSFT.TO operates in Software - Infrastructure (Technology), while META operates in Internet Content & Information (Communication Services). Over the past 3 years, MSFT.TO returned 4.21%/yr vs 30.10%/yr for META. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

MSFT.TO vs. META - Performance Comparison

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

Different Trading Currencies

MSFT.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, MSFT.TO achieves a -19.71% return, which is significantly lower than META's -12.29% return.

MSFT.TO

• 1D: 0.07%
• 1M: -4.37%
• YTD: -19.71%
• 6M: -19.03%
• 1Y: -18.96%
• 3Y*: 4.21%
• 5Y*: —
• 10Y*: —

META

• 1D: -0.07%
• 1M: -6.53%
• YTD: -12.29%
• 6M: -10.59%
• 1Y: -14.41%
• 3Y*: 30.10%
• 5Y*: 14.79%
• 10Y*: 18.40%

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

MSFT.TO vs. META - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MSFT.TO Microsoft CDR (CAD Hedged)	-19.71%	12.65%	11.26%	56.34%	-8.31%
META Meta Platforms, Inc.	-12.29%	7.93%	80.11%	187.14%	-24.28%

Correlation

The correlation between MSFT.TO and META is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022	0.53

The correlation between MSFT.TO and META shifts across timeframes, from 0.38 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MSFT.TO vs. META — Risk / Return Rank

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

MSFT.TO

MSFT.TO Risk / Return Rank: 15
MSFT.TO Sharpe Ratio Rank: 10
MSFT.TO Sortino Ratio Rank: 13
MSFT.TO Omega Ratio Rank: 13
MSFT.TO Calmar Ratio Rank: 22
MSFT.TO Martin Ratio Rank: 17

META

META Risk / Return Rank: 21
META Sharpe Ratio Rank: 20
META Sortino Ratio Rank: 20
META Omega Ratio Rank: 20
META Calmar Ratio Rank: 24
META Martin Ratio Rank: 18

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.

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

This table presents a comparison of risk-adjusted performance metrics for Microsoft CDR (CAD Hedged) (MSFT.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.

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.

	MSFT.TO	META	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	-0.46	-0.32
Sortino ratio: Return per unit of downside risk	-0.96	-0.46	-0.50
Omega ratio: Gain probability vs. loss probability	0.88	0.94	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.58	-0.49	-0.08
Martin ratio: Return relative to average drawdown	-1.16	-1.02	-0.14

MSFT.TO vs. META - Sharpe Ratio Comparison

The current MSFT.TO Sharpe Ratio is -0.78, which is lower than the META Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of MSFT.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.

Drawdowns

MSFT.TO vs. META - Drawdown Comparison

The maximum MSFT.TO drawdown since its inception was -34.43%, smaller than the maximum META drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for MSFT.TO and META.

Drawdown Indicators

	MSFT.TO	META	Difference
Max Drawdown Largest peak-to-trough decline	-34.43%	-74.70%	+40.27%
Max Drawdown (1Y) Largest decline over 1 year	-34.43%	-32.92%	-1.51%
Max Drawdown (3Y) Largest decline over 3 years	-34.43%	-33.74%	-0.69%
Max Drawdown (5Y) Largest decline over 5 years	—	-74.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-74.70%	—
Current Drawdown Current decline from peak	-28.66%	-27.02%	-1.64%
Average Drawdown Average peak-to-trough decline	-9.53%	-15.46%	+5.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.07%	15.88%	+1.19%

Volatility

MSFT.TO vs. META - Volatility Comparison

Microsoft CDR (CAD Hedged) (MSFT.TO) and Meta Platforms, Inc. (META) have volatilities of 10.64% and 10.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFT.TO	META	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.64%	10.22%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	22.49%	26.49%	-4.00%
Volatility (1Y) Calculated over the trailing 1-year period	25.46%	35.28%	-9.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.37%	44.33%	-17.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.37%	39.18%	-12.81%

Dividends

MSFT.TO vs. META - Dividend Comparison

MSFT.TO's dividend yield for the trailing twelve months is around 0.92%, more than META's 0.37% yield.

Position	TTM	2025	2024	2023	2022
META Meta Platforms, Inc.	0.37%	0.32%	0.34%	0.00%	0.00%
MSFT.TO Microsoft CDR (CAD Hedged)	0.92%	0.71%	0.73%	0.75%	0.56%

Financials

Frequently Asked Questions

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

MSFT.TO and META have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.