WCN vs. AMZN
WCN (Waste Connections, Inc.) and AMZN (Amazon.com, Inc) are both stocks. WCN operates in Waste Management (Industrials), while AMZN operates in Internet Retail (Consumer Cyclical). Over the past 10 years, WCN returned 13.46%/yr vs 21.42%/yr for AMZN. At a 0.24 correlation, their price movements are largely independent.
Performance
WCN vs. AMZN - Performance Comparison
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Returns By Period
In the year-to-date period, WCN achieves a -11.24% return, which is significantly lower than AMZN's 6.59% return. Over the past 10 years, WCN has underperformed AMZN with an annualized return of 13.46%, while AMZN has yielded a comparatively higher 21.42% annualized return.
WCN
- 1D
- -0.72%
- 1M
- -1.04%
- YTD
- -11.24%
- 6M
- -11.80%
- 1Y
- -18.06%
- 3Y*
- 4.83%
- 5Y*
- 5.91%
- 10Y*
- 13.46%
AMZN
- 1D
- 3.13%
- 1M
- -6.86%
- YTD
- 6.59%
- 6M
- 10.55%
- 1Y
- 15.99%
- 3Y*
- 25.16%
- 5Y*
- 7.58%
- 10Y*
- 21.42%
WCN vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WCN Waste Connections, Inc. | -11.24% | 2.92% | 15.72% | 13.47% | -2.02% | 33.80% | 13.86% | 23.19% | 5.47% | 36.47% |
AMZN Amazon.com, Inc | 6.59% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 76.26% | 23.03% | 28.43% | 55.96% |
Correlation
The correlation between WCN and AMZN is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 22, 1998 | 0.24 |
The correlation between WCN and AMZN shifts across timeframes, from -0.12 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
WCN:
$5.48
AMZN:
$8.37
WCN:
28.30
AMZN:
29.39
WCN:
1.34
AMZN:
0.71
WCN:
3.11
AMZN:
3.59
WCN:
$9.65B
AMZN:
$742.78B
WCN:
$2.77B
AMZN:
$348.59B
WCN:
$2.68B
AMZN:
$152.71B
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Return for Risk
WCN vs. AMZN — Risk / Return Rank
WCN
AMZN
WCN vs. AMZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Connections, Inc. (WCN) 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.
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.
| WCN | AMZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.12 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 0.74 | -1.57 |
| Martin ratioReturn relative to average drawdown | -1.56 | 1.74 | -3.29 |
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Drawdowns
WCN vs. AMZN - Drawdown Comparison
The maximum WCN drawdown since its inception was -68.85%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for WCN and AMZN.
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Drawdown Indicators
| WCN | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.85% | -94.40% | +25.55% |
Max Drawdown (1Y)Largest decline over 1 year | -21.69% | -21.74% | +0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -24.75% | -30.88% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -24.75% | -56.15% | +31.40% |
Max Drawdown (10Y)Largest decline over 10 years | -31.59% | -56.15% | +24.56% |
Current DrawdownCurrent decline from peak | -21.74% | -10.53% | -11.21% |
Average DrawdownAverage peak-to-trough decline | -8.40% | -28.18% | +19.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.64% | 9.23% | +2.41% |
Volatility
WCN vs. AMZN - Volatility Comparison
The current volatility for Waste Connections, Inc. (WCN) is 5.68%, while Amazon.com, Inc (AMZN) has a volatility of 8.70%. This indicates that WCN experiences smaller price fluctuations and is considered to be less risky 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
| WCN | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 8.70% | -3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 18.01% | 20.94% | -2.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.77% | 30.34% | -8.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.36% | 35.57% | -16.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.71% | 32.51% | -12.80% |
Dividends
WCN vs. AMZN - Dividend Comparison
WCN's dividend yield for the trailing twelve months is around 0.88%, while AMZN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WCN Waste Connections, Inc. | 0.88% | 0.74% | 0.68% | 0.70% | 0.71% | 0.62% | 0.74% | 0.73% | 0.78% | 0.70% | 1.20% | 1.86% |
Financials
WCN vs. AMZN - Financials Comparison
This section allows you to compare key financial metrics between Waste Connections, 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
WCN vs. AMZN - Profitability Comparison
WCN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Waste Connections, Inc. reported a gross profit of 0.00 and revenue of 2.37B. Therefore, the gross margin over that period was 0.0%.
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%.
WCN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Waste Connections, Inc. reported an operating income of 364.08M and revenue of 2.37B, resulting in an operating margin of 15.4%.
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%.
WCN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Waste Connections, Inc. reported a net income of 219.34M and revenue of 2.37B, resulting in a net margin of 9.3%.
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
WCN and AMZN have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZN has higher volatility (8.70%) compared to WCN (5.68%). In terms of maximum drawdown, WCN dropped -68.85% vs AMZN's -94.40%.
AMZN currently has the higher Sharpe Ratio (0.53 vs -0.83), 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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