MSFT.TO vs. MSFT
MSFT.TO (Microsoft CDR (CAD Hedged)) and MSFT (Microsoft Corporation) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 3 years, MSFT.TO returned 4.06%/yr vs 8.43%/yr for MSFT. Their correlation of 0.92 suggests significant overlap in exposure.
Performance
MSFT.TO vs. MSFT - Performance Comparison
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Different Trading Currencies
MSFT.TO is traded in CAD, while MSFT is traded in USD. To make them comparable, the MSFT 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 -17.82% return, which is significantly lower than MSFT's -14.47% return.
MSFT.TO
- 1D
- 1.95%
- 1M
- 6.66%
- 6M
- -12.83%
- YTD
- -17.82%
- 1Y
- -22.73%
- 3Y*
- 4.06%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.28%
MSFT
- 1D
- 2.02%
- 1M
- 5.43%
- 6M
- -11.30%
- YTD
- -14.47%
- 1Y
- -18.86%
- 3Y*
- 8.43%
- 5Y*
- 10.50%
- 10Y*
- 24.04%
- ALL TIME*
- 14.83%
MSFT.TO vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MSFT.TO Microsoft CDR (CAD Hedged) | -17.82% | 12.65% | 11.26% | 56.34% | -8.31% |
MSFT Microsoft Corporation | -14.47% | 10.31% | 22.49% | 54.43% | -2.37% |
Correlation
The correlation between MSFT.TO and MSFT is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022 | 0.92 |
The correlation between MSFT.TO and MSFT has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
Fundamentals
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Return for Risk
MSFT.TO vs. MSFT — Risk / Return Rank
MSFT.TO
MSFT
MSFT.TO vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft CDR (CAD Hedged) (MSFT.TO) and Microsoft Corporation (MSFT). 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 | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.89 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | -0.55 | -0.09 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.97 | -0.19 |
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Drawdowns
MSFT.TO vs. MSFT - Drawdown Comparison
The maximum MSFT.TO drawdown since its inception was -35.58%, smaller than the maximum MSFT drawdown of -44.28%. Use the drawdown chart below to compare losses from any high point for MSFT.TO and MSFT.
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Drawdown Indicators
| MSFT.TO | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.58% | -44.28% | +8.70% |
Max Drawdown (1Y)Largest decline over 1 year | -35.58% | -34.57% | -1.01% |
Max Drawdown (3Y)Largest decline over 3 years | -35.58% | -34.57% | -1.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.57% | — |
Current DrawdownCurrent decline from peak | -26.97% | -25.17% | -1.80% |
Average DrawdownAverage peak-to-trough decline | -10.05% | -10.56% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.55% | 19.43% | +0.12% |
Volatility
MSFT.TO vs. MSFT - Volatility Comparison
Microsoft CDR (CAD Hedged) (MSFT.TO) and Microsoft Corporation (MSFT) have volatilities of 10.04% and 9.66%, 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.
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Volatility by Period
| MSFT.TO | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 9.66% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 24.42% | 24.12% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.37% | 27.11% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.60% | 27.65% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.60% | 28.06% | -1.46% |
Dividends
MSFT.TO vs. MSFT - Dividend Comparison
MSFT.TO's dividend yield for the trailing twelve months is around 0.90%, more than MSFT's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.88% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
MSFT.TO Microsoft CDR (CAD Hedged) | 0.90% | 0.71% | 0.73% | 0.75% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MSFT.TO vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Microsoft CDR (CAD Hedged) and Microsoft Corporation. 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
Frequently Asked Questions
With a correlation of 0.94, MSFT.TO and MSFT 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.
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