Figures as of the Nov 13, 2026 close. Updated after each trading day. Not a recommendation or a forecast.
From Nov 13, 2025 to the Nov 13, 2026 close, $1,000 in Amazon (AMZN) became $1,122 and $1,000 in Walmart (WMT) became $1,260, with dividends reinvested.
From Nov 13, 2025 to Nov 13, 2026, Amazon grew 12.2% a year and Walmart grew 26.0%. The higher rate, Walmart's, came with narrower daily swings. Volatility was 33.9% for Amazon and 26.9% for Walmart. The Sharpe ratio is the yearly return above a fixed 5% risk-free rate, per unit of volatility.
Sharpe ratios were 0.21 for Amazon and 0.78 for Walmart. Over the same dates, the price record shows deepest falls of 19.6% for Amazon and 23.3% for Walmart. From Nov 14, 2025 to Nov 13, 2026, betas to the S&P 500 were 1.32 for Amazon and −0.07 for Walmart.
The $1,000 in Amazon and the $1,000 in Walmart swapped places 4 times at month ends. The latest swap came at the end of Oct 2026. Since then, the $1,000 in Walmart has been worth more at every month end. Across all 13 month ends, Amazon's value was the higher one at 4 and Walmart's at 9.
At the end of Feb 2026, $1,000 had become $884 in Amazon and $1,250 in Walmart. In relative terms, that was the widest gap between them at any month end. Neither the $1,000 in Amazon nor the $1,000 in Walmart reached $2,000 at a month end.
The highest month-end values were $1,143 for Amazon (Jul 2026) and $1,292 for Walmart (Apr 2026).
Every row ends at the Nov 13, 2026 close. The "a year" columns give the yearly rate from each start date. The yearly rates were furthest apart over the full span since May 1997. Over that span, Amazon grew 30.7% a year and Walmart grew 13.3%.
The rates were closest over the last 10 years: 22.2% for Amazon and 20.5% for Walmart.
Amazon's rate over the last year, 12.2%, was below its 10-year rate of 22.2%. Walmart's last-year rate, 26.0%, was above its 10-year rate of 20.5%. In every row, $1,000 in Amazon and $1,000 in Walmart both ended above $1,000.
| Period | $1,000 in Amazon | $1,000 in Walmart | Amazon a year | Walmart a year |
|---|---|---|---|---|
| Since both startedfrom May 15, 1997 | $2,723,327 | $40,329 | 30.7% | 13.3% |
| Last 20 yearsfrom Nov 13, 2006 | $133,363 | $12,382 | 27.7% | 13.4% |
| Last 10 yearsfrom Nov 14, 2016 | $7,417 | $6,442 | 22.2% | 20.5% |
| Last 5 yearsfrom Nov 12, 2021 | $1,513 | $2,768 | 8.6% | 22.6% |
| Last yearfrom Nov 13, 2025 | $1,122 | $1,260 | 12.2% | 26.0% |
At the Nov 13, 2026 close, Amazon was 1.8% below its Jul 2026 month-end high. At the same close, Walmart was 2.5% below its Apr 2026 month-end high. On daily closes, the deepest falls of Amazon and Walmart came in the same stretch. Amazon fell 19.6% from Jan 9, 2026 to Feb 13, 2026.
Walmart fell 23.3% from May 19, 2026 to Aug 27, 2026. Amazon closed back at its old high on Apr 14, 2026, 2 months after the low. Walmart had not closed back at its old high by Nov 13, 2026, 2 months after the low. Amazon was 20% or more below its high at 0 of 13 month ends.
Walmart was 20% or more below its high at 2.
This page tracks four S&P 500 falls: dot-com, 2008, COVID and 2022. All four lie outside the Amazon and Walmart dates, from Nov 13, 2025 to Nov 13, 2026.
No full calendar year lies from Nov 13, 2025 to Nov 13, 2026, so there are no yearly bars yet for Amazon and Walmart.
These counts cover 11 full months, Dec 2025 to Oct 2026. Amazon rose in 4 of them and Walmart in 5. Both rose in 2, both fell in 4, and in 5 one rose while the other fell, more than one month in three. Amazon's largest monthly fall was −12.2% in Feb 2026, and Walmart's −12.1% in May 2026.
Amazon's largest monthly rise was +27.3% in Apr 2026, and Walmart's +18.9% in Oct 2026. Amazon's longest run of falling months was 3, ending in Oct 2026. Walmart's longest run of falling months was 5, ending in Sep 2026.
The latest cell is a part month, from the Oct 30, 2026 close to the Nov 13, 2026 close. Over those days, Amazon changed +10.9% and Walmart +3.7%.
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.7 | −12.2 | −0.8 | +27.3 | +2.1 | −11.9 | +13.9 | −4.3 | −4.1 | −3.5 | +10.9 | |
| 2025 | −1.0 |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.9 | +7.4 | −2.7 | +6.2 | −12.1 | −2.2 | −1.8 | −5.5 | −0.9 | +18.9 | +3.7 | |
| 2025 | +1.0 |
The rolling 1-year return is the change over the 12 months to each month end. From Nov 2026 to Nov 2026, Amazon's rolling 1-year return ran from +14.3% (12 months to Nov 2026) to +14.3% (to Nov 2026). Over the same months, Walmart's ran from +16.9% (12 months to Nov 2026) to +16.9% (to Nov 2026).
Neither Amazon nor Walmart had a 12-month loss at any of those 1 month ends. Walmart's 12-month change was the higher of the two at every one of those 1 month ends.
These measures cover Nov 13, 2025 to Nov 13, 2026. Over those dates, volatility was 33.9% for Amazon and 26.9% for Walmart. The Sortino ratio counts only falling days as risk. Against the same 5% rate, Sortino ratios were 0.35 for Amazon and 1.11 for Walmart. The Calmar ratio is the yearly return divided by the deepest fall.
Calmar ratios were 0.62 for Amazon and 1.11 for Walmart.
Beta shows how much Amazon and Walmart tended to move on the days the S&P 500 (SPY) moved. A beta of 1 means moving by the same amount as the index. From Nov 14, 2025 to Nov 13, 2026, Amazon's beta was 1.32, so it tended to move more than the index.
Over the same dates, Walmart's beta was −0.07, so it tended to move against the index on the same day. The correlation of Amazon's and Walmart's daily moves was −0.06, little link. A correlation of 1 would mean they always moved together, 0 no link and −1 always opposite.
| Measure | Amazon | Walmart |
|---|---|---|
| Volatility, a year | 33.9% | 26.9% |
| Sharpe ratio | 0.21 | 0.78 |
| Sortino ratio | 0.35 | 1.11 |
| Calmar ratio | 0.62 | 1.11 |
| Deepest fall | 19.6% | 23.3% |
| Beta to the S&P 500from Nov 14, 2025 | 1.32 | −0.07 |
| Upside capturemonths from Dec 2016 | 144% | 78% |
| Downside capturemonths from Dec 2016 | 125% | 15% |
| Biggest one-day rise | +15.32%Jul 31, 2026 | +6.46%Nov 20, 2025 |
| Biggest one-day fall | −5.55%Feb 6, 2026 | −9.15%Aug 20, 2026 |
| Price against its 50-day average | +4.6% | +11.8% |
| Price against its 200-day average | +9.0% | +8.0% |
| Correlation of daily movesfrom Nov 14, 2025 | −0.06 | |
What Amazon and Walmart do, from each company's latest annual report filed with the US Securities and Exchange Commission.
Amazon.com, Inc. sells consumer products, advertising and subscription services through online and physical stores, and sells cloud computing services through Amazon Web Services (AWS). It reports three segments. North America and International cover retail sales of consumer products, including from sellers, plus advertising and subscription services, through stores focused on each region.
AWS covers global sales of compute, storage, database and other services to start-ups, enterprises, government agencies and academic institutions. The company owns and leases corporate headquarters in Washington's Puget Sound region and in Arlington, Virginia. Its principal executive offices are in Seattle, Washington. Its fiscal year ends on December 31.
Source: 10-K (fiscal 2025, ended December 31, 2025), filed Feb 6, 2026 (SEC EDGAR)
Walmart Inc. operates retail and wholesale stores and clubs, as well as eCommerce websites and mobile applications. Its operations are located throughout the U.S., Africa, Canada, Central America, Chile, China, India and Mexico. The company describes itself as an omnichannel retailer, offering shopping in stores and through eCommerce along with other services.
It reports three segments: Walmart U.S., Walmart International and Sam's Club U.S. Its principal offices are in Bentonville, Arkansas, and its common stock trades on the Nasdaq Global Select Market. Its fiscal year ends on January 31 for its U.S. and Canadian operations. Other operations are generally consolidated with a one-month lag on a calendar-year basis.
Source: 10-K (fiscal 2026, ended January 31, 2026), filed Mar 13, 2026 (SEC EDGAR)
It depends on the period. Amazon had the higher total return over the full span since May 1997 and the last 20 and 10 years. Walmart had the higher total return over the last 5 years and the last year. From May 15, 1997 to the Nov 13, 2026 close, Amazon returned +272,233% in total and Walmart +3,933%.
Both include reinvested dividends, before taxes and fees. Over the last 10 years, Amazon returned +642% and Walmart +544%. Over the last 5 years, Amazon returned +51.3% and Walmart +177%. Over the last year, Amazon returned +12.2% and Walmart +26.0%. None of these Amazon and Walmart figures is a forecast.
SmartFin does not say which to buy. This page reports what Amazon and Walmart prices did. From Nov 13, 2025 to Nov 13, 2026, Amazon grew 12.2% a year and Walmart grew 26.0%. The record shows deepest falls of 19.6% for Amazon and 23.3% for Walmart. Past returns for Amazon and Walmart do not show what either will do next.
Yes. Every AMZN and WMT figure here uses closing prices adjusted for stock splits and dividends, so dividends count as reinvested. Taxes, fees and trading costs are left out of the Amazon and Walmart figures.
At the Nov 13, 2026 close, Amazon was 1.8% below its highest month-end value, set in Jul 2026. At the same close, Walmart was 2.5% below its highest month-end value, set in Apr 2026. Amazon's deepest fall on daily closes was 19.6%, from Jan 2026 to Feb 2026. Walmart's deepest fall was 23.3%, from May 2026 to Aug 2026.
Compare Amazon and Walmart with your own amount and dates in Compare Two Stocks
Daily closing prices adjusted for stock splits, with dividends reinvested, before taxes and fees. Both amounts are invested at the same close and valued at the Nov 13, 2026 close. See also: What if you invested in Amazon · What if you invested in Walmart.
This page presents historical market data and calculated results for a defined period. It is not a recommendation to buy, sell, or hold the security, fund, or index shown. Past performance is not indicative of future results.