ARGX vs. WM
ARGX (argenx SE) and WM (Waste Management, Inc.) are both stocks. ARGX operates in Biotechnology (Healthcare), while WM operates in Waste Management (Industrials). Over the past 5 years, ARGX returned 22.91%/yr vs 10.57%/yr for WM. Their 0.12 correlation means their historical movements had little consistent relationship.
Performance
ARGX vs. WM - Performance Comparison
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Returns By Period
In the year-to-date period, ARGX achieves a 1.53% return, which is significantly lower than WM's 3.97% return.
ARGX
- 1D
- -2.15%
- 1M
- -9.14%
- 6M
- 1.58%
- YTD
- 1.53%
- 1Y
- 26.72%
- 3Y*
- 19.21%
- 5Y*
- 22.91%
- 10Y*
- —
- ALL TIME*
- 52.20%
WM
- 1D
- 0.10%
- 1M
- -1.67%
- 6M
- 2.79%
- YTD
- 3.97%
- 1Y
- 0.57%
- 3Y*
- 13.43%
- 5Y*
- 10.57%
- 10Y*
- 15.16%
- ALL TIME*
- 10.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ARGX argenx SE | $264.18M | $262.07M | $293.40M |
| $446.41M | $426.54M | $482.07M |
ARGX vs. WM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARGX argenx SE | 1.53% | 36.74% | 61.66% | 0.42% | 8.18% | 19.08% | 83.21% | 67.09% | 52.15% | 252.74% |
WM Waste Management, Inc. | 3.97% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.05% |
Correlation
The correlation between ARGX and WM is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (All Time) Calculated using the full available price history since May 18, 2017 | 0.12 |
The correlation between ARGX and WM shifts across timeframes, from -0.12 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ARGX:
$53.10B
WM:
$90.56B
ARGX:
$35.23
WM:
$7.06
ARGX:
24.24
WM:
32.09
ARGX:
0.47
WM:
2.62
ARGX:
8.63
WM:
3.57
ARGX:
6.53
WM:
9.20
ARGX:
$6.46B
WM:
$25.67B
ARGX:
$6.96B
WM:
$3.73B
ARGX:
$2.01B
WM:
$6.62B
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Return for Risk
ARGX vs. WM — Risk / Return Rank
ARGX
WM
ARGX vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for argenx SE (ARGX) and Waste Management, Inc. (WM). 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.
| ARGX | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.02 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 0.03 | +0.94 |
| Martin ratioReturn relative to average drawdown | 2.53 | 0.06 | +2.47 |
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Drawdowns
ARGX vs. WM - Drawdown Comparison
The maximum ARGX drawdown since its inception was -38.20%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for ARGX and WM.
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Drawdown Indicators
| ARGX | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.20% | -77.85% | +39.65% |
Max Drawdown (1Y)Largest decline over 1 year | -28.58% | -16.70% | -11.88% |
Max Drawdown (3Y)Largest decline over 3 years | -35.81% | -18.14% | -17.67% |
Max Drawdown (5Y)Largest decline over 5 years | -38.20% | -18.14% | -20.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.07% | — |
Current DrawdownCurrent decline from peak | -9.14% | -7.33% | -1.81% |
Average DrawdownAverage peak-to-trough decline | -11.00% | -17.64% | +6.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.86% | 7.86% | +3.00% |
Volatility
ARGX vs. WM - Volatility Comparison
argenx SE (ARGX) has a higher volatility of 12.26% compared to Waste Management, Inc. (WM) at 8.87%. This indicates that ARGX's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARGX | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.26% | 8.87% | +3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 25.05% | 15.76% | +9.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.75% | 20.33% | +12.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.85% | 19.01% | +19.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.40% | 19.73% | +31.67% |
Dividends
ARGX vs. WM - Dividend Comparison
ARGX has not paid dividends to shareholders, while WM's dividend yield for the trailing twelve months is around 1.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGX argenx SE | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WM Waste Management, Inc. | 1.56% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
ARGX vs. WM - Financials Comparison
This section allows you to compare key financial metrics between argenx SE and Waste Management, 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
Frequently Asked Questions
ARGX and WM 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.
ARGX has higher volatility (12.26%) compared to WM (8.87%). In terms of maximum drawdown, ARGX dropped -38.20% vs WM's -77.85%.
ARGX currently has the higher Sharpe Ratio (0.90 vs 0.02), 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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