CRMD vs. WDO.TO
CRMD (CorMedix Inc.) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. CRMD operates in Biotechnology (Healthcare), while WDO.TO operates in Gold (Basic Materials). Over the past 10 years, CRMD returned -1.91%/yr vs 29.68%/yr for WDO.TO. At a 0.04 correlation, their price movements are largely independent.
Performance
CRMD vs. WDO.TO - Performance Comparison
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Different Trading Currencies
CRMD is traded in USD, while WDO.TO is traded in CAD. To make them comparable, the WDO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CRMD achieves a -24.85% return, which is significantly lower than WDO.TO's 9.28% return. Over the past 10 years, CRMD has underperformed WDO.TO with an annualized return of -1.91%, while WDO.TO has yielded a comparatively higher 29.68% annualized return.
CRMD
- 1D
- -2.46%
- 1M
- 16.53%
- YTD
- -24.85%
- 6M
- -23.93%
- 1Y
- -41.18%
- 3Y*
- 15.11%
- 5Y*
- 1.21%
- 10Y*
- -1.91%
WDO.TO
- 1D
- 2.92%
- 1M
- -19.72%
- YTD
- 9.28%
- 6M
- 10.80%
- 1Y
- 25.43%
- 3Y*
- 49.20%
- 5Y*
- 11.75%
- 10Y*
- 29.68%
CRMD vs. WDO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRMD CorMedix Inc. | -24.85% | 43.58% | 115.43% | -10.90% | -7.25% | -38.76% | 2.06% | 12.87% | 158.00% | -67.32% |
WDO.TO Wesdome Gold Mines Ltd. | 9.28% | 84.57% | 54.37% | 5.59% | -38.89% | 8.43% | 6.96% | 139.44% | 93.67% | 8.29% |
Correlation
The correlation between CRMD and WDO.TO is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 13, 2010 | 0.04 |
Fundamentals
CRMD:
$812.69M
WDO.TO:
CA$3.84B
CRMD:
$2.10
WDO.TO:
CA$2.68
CRMD:
4.16
WDO.TO:
9.47
CRMD:
1.88
WDO.TO:
3.74
CRMD:
1.86
WDO.TO:
3.77
CRMD:
$400.05M
WDO.TO:
CA$1.03B
CRMD:
$343.39M
WDO.TO:
CA$636.67M
CRMD:
$207.97M
WDO.TO:
CA$694.56M
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Return for Risk
CRMD vs. WDO.TO — Risk / Return Rank
CRMD
WDO.TO
CRMD vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CorMedix Inc. (CRMD) and Wesdome Gold Mines Ltd. (WDO.TO). 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.
| CRMD | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.12 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.66 | 0.95 | -1.62 |
| Martin ratioReturn relative to average drawdown | -0.97 | 2.22 | -3.19 |
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Drawdowns
CRMD vs. WDO.TO - Drawdown Comparison
The maximum CRMD drawdown since its inception was -98.28%, which is greater than WDO.TO's maximum drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for CRMD and WDO.TO.
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Drawdown Indicators
| CRMD | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.28% | -89.89% | -8.39% |
Max Drawdown (1Y)Largest decline over 1 year | -62.26% | -26.79% | -35.47% |
Max Drawdown (3Y)Largest decline over 3 years | -62.26% | -26.79% | -35.47% |
Max Drawdown (5Y)Largest decline over 5 years | -66.91% | -64.89% | -2.02% |
Max Drawdown (10Y)Largest decline over 10 years | -94.77% | -64.89% | -29.88% |
Current DrawdownCurrent decline from peak | -82.29% | -19.72% | -62.57% |
Average DrawdownAverage peak-to-trough decline | -77.55% | -37.01% | -40.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.56% | 11.46% | +31.10% |
Volatility
CRMD vs. WDO.TO - Volatility Comparison
The current volatility for CorMedix Inc. (CRMD) is 12.12%, while Wesdome Gold Mines Ltd. (WDO.TO) has a volatility of 21.13%. This indicates that CRMD experiences smaller price fluctuations and is considered to be less risky than WDO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRMD | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.12% | 21.13% | -9.01% |
Volatility (6M)Calculated over the trailing 6-month period | 51.58% | 41.61% | +9.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.31% | 52.06% | +16.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.11% | 48.28% | +28.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.70% | 53.57% | +38.13% |
Dividends
CRMD vs. WDO.TO - Dividend Comparison
Neither CRMD nor WDO.TO has paid dividends to shareholders.
Financials
CRMD vs. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between CorMedix Inc. and Wesdome Gold Mines Ltd.. 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
CRMD vs. WDO.TO - Profitability Comparison
CRMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CorMedix Inc. reported a gross profit of 105.12M and revenue of 127.43M. Therefore, the gross margin over that period was 82.5%.
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a gross profit of 188.53M and revenue of 299.79M. Therefore, the gross margin over that period was 62.9%.
CRMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CorMedix Inc. reported an operating income of 63.66M and revenue of 127.43M, resulting in an operating margin of 50.0%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported an operating income of 177.51M and revenue of 299.79M, resulting in an operating margin of 59.2%.
CRMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CorMedix Inc. reported a net income of 38.60M and revenue of 127.43M, resulting in a net margin of 30.3%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a net income of 118.88M and revenue of 299.79M, resulting in a net margin of 39.7%.
Frequently Asked Questions
CRMD and WDO.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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