UPS vs. CNI
UPS (United Parcel Service, Inc.) and CNI (Canadian National Railway Company) are both stocks. Both are in the Industrials sector — UPS in Integrated Freight & Logistics, CNI in Railroads. Over the past 10 years, UPS returned 3.61%/yr vs 9.45%/yr for CNI. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
UPS vs. CNI - Performance Comparison
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Returns By Period
In the year-to-date period, UPS achieves a 9.42% return, which is significantly lower than CNI's 30.12% return. Over the past 10 years, UPS has underperformed CNI with an annualized return of 3.61%, while CNI has yielded a comparatively higher 9.45% annualized return.
UPS
- 1D
- 0.68%
- 1M
- -2.07%
- 6M
- 2.40%
- YTD
- 9.42%
- 1Y
- 29.05%
- 3Y*
- -12.79%
- 5Y*
- -7.16%
- 10Y*
- 3.61%
- ALL TIME*
- 4.78%
CNI
- 1D
- -2.09%
- 1M
- 6.62%
- 6M
- 27.32%
- YTD
- 30.12%
- 1Y
- 38.32%
- 3Y*
- 3.93%
- 5Y*
- 5.28%
- 10Y*
- 9.45%
- ALL TIME*
- 15.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $242.82M | $205.59M | $185.38M | |
| $700.91M | $567.93M | $599.18M |
UPS vs. CNI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UPS United Parcel Service, Inc. | 9.42% | -15.93% | -15.93% | -5.96% | -16.21% | 30.02% | 48.64% | 24.24% | -15.48% | 7.14% |
CNI Canadian National Railway Company | 30.12% | -0.10% | -17.51% | 7.84% | -1.86% | 13.70% | 23.66% | 24.26% | -8.49% | 25.03% |
Correlation
The correlation between UPS and CNI is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 1999 | 0.46 |
The correlation between UPS and CNI shifts across timeframes, from 0.39 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
UPS:
$89.40B
CNI:
$76.90B
UPS:
$5.37
CNI:
CA$7.79
UPS:
19.59
CNI:
22.93
UPS:
1.00
CNI:
6.17
UPS:
5.95
CNI:
4.95
UPS:
$89.93B
CNI:
CA$17.78B
UPS:
$8.57B
CNI:
CA$7.90B
UPS:
$7.78B
CNI:
CA$9.04B
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Return for Risk
UPS vs. CNI — Risk / Return Rank
UPS
CNI
UPS vs. CNI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for United Parcel Service, Inc. (UPS) and Canadian National Railway Company (CNI). 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.
| UPS | CNI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 3.11 | -1.65 |
| Martin ratioReturn relative to average drawdown | 3.60 | 11.82 | -8.21 |
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Drawdowns
UPS vs. CNI - Drawdown Comparison
The maximum UPS drawdown since its inception was -57.92%, which is greater than CNI's maximum drawdown of -46.66%. Use the drawdown chart below to compare losses from any high point for UPS and CNI.
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Drawdown Indicators
| UPS | CNI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.92% | -46.66% | -11.26% |
Max Drawdown (1Y)Largest decline over 1 year | -19.90% | -12.37% | -7.53% |
Max Drawdown (3Y)Largest decline over 3 years | -49.96% | -29.14% | -20.82% |
Max Drawdown (5Y)Largest decline over 5 years | -57.92% | -29.14% | -28.78% |
Max Drawdown (10Y)Largest decline over 10 years | -57.92% | -29.15% | -28.77% |
Current DrawdownCurrent decline from peak | -43.73% | -2.64% | -41.09% |
Average DrawdownAverage peak-to-trough decline | -15.45% | -9.47% | -5.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.08% | 3.25% | +4.83% |
Volatility
UPS vs. CNI - Volatility Comparison
United Parcel Service, Inc. (UPS) has a higher volatility of 10.51% compared to Canadian National Railway Company (CNI) at 5.57%. This indicates that UPS's price experiences larger fluctuations and is considered to be riskier than CNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UPS | CNI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 5.57% | +4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 23.87% | 17.11% | +6.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.22% | 21.70% | +7.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.71% | 22.45% | +6.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.83% | 22.70% | +5.13% |
Dividends
UPS vs. CNI - Dividend Comparison
UPS's dividend yield for the trailing twelve months is around 6.23%, more than CNI's 2.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNI Canadian National Railway Company | 2.06% | 2.58% | 2.43% | 1.85% | 1.41% | 1.61% | 1.59% | 1.79% | 2.01% | 2.00% | 2.23% | 2.24% |
UPS United Parcel Service, Inc. | 6.23% | 6.61% | 5.17% | 4.12% | 3.50% | 1.90% | 2.40% | 3.28% | 3.73% | 2.79% | 2.72% | 3.03% |
Financials
UPS vs. CNI - Financials Comparison
This section allows you to compare key financial metrics between United Parcel Service, Inc. and Canadian National Railway Company. 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
UPS vs. CNI - Profitability Comparison
UPS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, United Parcel Service, Inc. reported a gross profit of -3.36B and revenue of 22.83B. Therefore, the gross margin over that period was -14.7%.
CNI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Canadian National Railway Company reported a gross profit of 2.08B and revenue of 4.76B. Therefore, the gross margin over that period was 43.7%.
UPS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, United Parcel Service, Inc. reported an operating income of 930.00M and revenue of 22.83B, resulting in an operating margin of 4.1%.
CNI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Canadian National Railway Company reported an operating income of 1.78B and revenue of 4.76B, resulting in an operating margin of 37.5%.
UPS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, United Parcel Service, Inc. reported a net income of 604.00M and revenue of 22.83B, resulting in a net margin of 2.7%.
CNI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Canadian National Railway Company reported a net income of 1.25B and revenue of 4.76B, resulting in a net margin of 26.3%.
Frequently Asked Questions
UPS and CNI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UPS has higher volatility (10.51%) compared to CNI (5.57%). In terms of maximum drawdown, UPS dropped -57.92% vs CNI's -46.66%.
CNI currently has the higher Sharpe Ratio (1.78 vs 1.01), 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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