SNOW vs. AMZN
SNOW (Snowflake Inc.) and AMZN (Amazon.com, Inc) are both stocks. SNOW operates in Software - Application (Technology), while AMZN operates in Internet Retail (Consumer Cyclical). Over the past 5 years, SNOW returned 1.84%/yr vs 9.99%/yr for AMZN. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
SNOW vs. AMZN - Performance Comparison
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Returns By Period
In the year-to-date period, SNOW achieves a 19.05% return, which is significantly higher than AMZN's 11.13% return.
SNOW
- 1D
- -6.79%
- 1M
- 85.21%
- YTD
- 19.05%
- 6M
- 0.56%
- 1Y
- 24.25%
- 3Y*
- 14.23%
- 5Y*
- 1.84%
- 10Y*
- —
AMZN
- 1D
- -1.81%
- 1M
- -4.38%
- YTD
- 11.13%
- 6M
- 9.43%
- 1Y
- 24.13%
- 3Y*
- 27.33%
- 5Y*
- 9.99%
- 10Y*
- 21.60%
SNOW vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNOW Snowflake Inc. | 19.05% | 42.06% | -22.41% | 38.64% | -57.63% | 20.38% | 10.82% |
AMZN Amazon.com, Inc | 11.13% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 5.81% |
Correlation
The correlation between SNOW and AMZN is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | 0.51 |
Over the past year, the correlation between SNOW and AMZN has dropped to 0.19 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
Fundamentals
SNOW:
$90.20B
AMZN:
$2.79T
SNOW:
-$3.53
AMZN:
$8.37
SNOW:
17.61
AMZN:
3.75
SNOW:
43.77
AMZN:
6.31
SNOW:
$5.03B
AMZN:
$742.78B
SNOW:
$3.38B
AMZN:
$348.59B
SNOW:
-$1.21B
AMZN:
$152.71B
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Return for Risk
SNOW vs. AMZN — Risk / Return Rank
SNOW
AMZN
SNOW vs. AMZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snowflake Inc. (SNOW) and Amazon.com, Inc (AMZN). 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.
| SNOW | AMZN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 0.81 | -0.44 |
Sortino ratioReturn per unit of downside risk | 1.12 | 1.29 | -0.17 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.16 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.48 | 1.16 | -0.68 |
Martin ratioReturn relative to average drawdown | 1.05 | 2.79 | -1.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SNOW | AMZN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.81 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.28 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.57 | -0.56 |
Drawdowns
SNOW vs. AMZN - Drawdown Comparison
The maximum SNOW drawdown since its inception was -72.99%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for SNOW and AMZN.
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Drawdown Indicators
| SNOW | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.99% | -94.40% | +21.41% |
Max Drawdown (1Y)Largest decline over 1 year | -56.30% | -21.74% | -34.56% |
Max Drawdown (3Y)Largest decline over 3 years | -56.30% | -30.88% | -25.42% |
Max Drawdown (5Y)Largest decline over 5 years | -72.99% | -56.15% | -16.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.15% | — |
Current DrawdownCurrent decline from peak | -35.02% | -6.72% | -28.30% |
Average DrawdownAverage peak-to-trough decline | -49.10% | -28.13% | -20.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.80% | 9.00% | +16.80% |
Volatility
SNOW vs. AMZN - Volatility Comparison
Snowflake Inc. (SNOW) has a higher volatility of 34.66% compared to Amazon.com, Inc (AMZN) at 7.08%. This indicates that SNOW's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNOW | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.66% | 7.08% | +27.58% |
Volatility (6M)Calculated over the trailing 6-month period | 53.56% | 20.18% | +33.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.78% | 29.89% | +34.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.83% | 35.49% | +26.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.75% | 32.46% | +30.29% |
Dividends
SNOW vs. AMZN - Dividend Comparison
Neither SNOW nor AMZN has paid dividends to shareholders.
Financials
SNOW vs. AMZN - Financials Comparison
This section allows you to compare key financial metrics between Snowflake Inc. and Amazon.com, Inc. 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
SNOW vs. AMZN - Profitability Comparison
SNOW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Snowflake Inc. reported a gross profit of 926.45M and revenue of 1.39B. Therefore, the gross margin over that period was 66.6%.
AMZN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported a gross profit of 66.77B and revenue of 181.52B. Therefore, the gross margin over that period was 36.8%.
SNOW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Snowflake Inc. reported an operating income of -326.15M and revenue of 1.39B, resulting in an operating margin of -23.5%.
AMZN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported an operating income of 23.85B and revenue of 181.52B, resulting in an operating margin of 13.1%.
SNOW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Snowflake Inc. reported a net income of -295.57M and revenue of 1.39B, resulting in a net margin of -21.3%.
AMZN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported a net income of 30.26B and revenue of 181.52B, resulting in a net margin of 16.7%.
Frequently Asked Questions
SNOW and AMZN have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNOW has higher volatility (34.66%) compared to AMZN (7.08%). In terms of maximum drawdown, SNOW dropped -72.99% vs AMZN's -94.40%.
AMZN currently has the higher Sharpe Ratio (0.81 vs 0.38), 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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