DLO vs. WPM
DLO (DLocal Limited) and WPM (Wheaton Precious Metals Corp.) are both stocks. DLO operates in Software - Infrastructure (Technology), while WPM operates in Gold (Basic Materials). Over the past 5 years, DLO returned -18.65%/yr vs 20.12%/yr for WPM. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
DLO vs. WPM - Performance Comparison
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Returns By Period
In the year-to-date period, DLO achieves a 8.44% return, which is significantly higher than WPM's -6.94% return.
DLO
- 1D
- 0.73%
- 1M
- 2.79%
- 6M
- 13.92%
- YTD
- 8.44%
- 1Y
- 49.45%
- 3Y*
- 2.15%
- 5Y*
- -18.65%
- 10Y*
- —
- ALL TIME*
- -11.95%
WPM
- 1D
- -3.84%
- 1M
- -2.16%
- 6M
- -17.07%
- YTD
- -6.94%
- 1Y
- 19.91%
- 3Y*
- 36.80%
- 5Y*
- 20.12%
- 10Y*
- 15.55%
- ALL TIME*
- 24.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.36M | $30.89M | $35.54M | |
| $176.53M | $177.75M | $238.45M |
DLO vs. WPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DLO DLocal Limited | 8.44% | 31.72% | -36.35% | 13.62% | -56.37% | 15.13% |
WPM Wheaton Precious Metals Corp. | -6.94% | 110.52% | 15.24% | 27.91% | -7.53% | -11.23% |
Correlation
The correlation between DLO and WPM is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2021 | 0.16 |
The correlation between DLO and WPM shifts across timeframes, from 0.15 (3 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
DLO:
$4.43B
WPM:
$49.51B
DLO:
$0.64
WPM:
$3.96
DLO:
23.53
WPM:
27.55
DLO:
0.73
WPM:
0.74
DLO:
3.73
WPM:
18.06
DLO:
8.17
WPM:
5.35
DLO:
$1.21B
WPM:
$2.75B
DLO:
$436.56M
WPM:
$2.12B
DLO:
$280.42M
WPM:
$2.38B
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Return for Risk
DLO vs. WPM — Risk / Return Rank
DLO
WPM
DLO vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DLocal Limited (DLO) and Wheaton Precious Metals Corp. (WPM). 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.
| DLO | WPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 0.54 | +1.10 |
| Martin ratioReturn relative to average drawdown | 3.25 | 1.19 | +2.06 |
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Drawdowns
DLO vs. WPM - Drawdown Comparison
The maximum DLO drawdown since its inception was -89.99%, which is greater than WPM's maximum drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for DLO and WPM.
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Drawdown Indicators
| DLO | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.99% | -48.64% | -41.35% |
Max Drawdown (1Y)Largest decline over 1 year | -30.45% | -37.38% | +6.93% |
Max Drawdown (3Y)Largest decline over 3 years | -68.59% | -37.38% | -31.21% |
Max Drawdown (5Y)Largest decline over 5 years | -89.99% | -43.29% | -46.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.64% | — |
Current DrawdownCurrent decline from peak | -76.69% | -34.01% | -42.68% |
Average DrawdownAverage peak-to-trough decline | -70.38% | -19.03% | -51.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.28% | 16.81% | -1.53% |
Volatility
DLO vs. WPM - Volatility Comparison
The current volatility for DLocal Limited (DLO) is 9.91%, while Wheaton Precious Metals Corp. (WPM) has a volatility of 12.22%. This indicates that DLO experiences smaller price fluctuations and is considered to be less risky than WPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLO | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.91% | 12.22% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 35.59% | 39.66% | -4.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.97% | 47.09% | +8.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.90% | 35.92% | +36.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.17% | 36.82% | +36.35% |
Dividends
DLO vs. WPM - Dividend Comparison
DLO's dividend yield for the trailing twelve months is around 1.29%, more than WPM's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DLO DLocal Limited | 1.29% | 3.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WPM Wheaton Precious Metals Corp. | 0.66% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% |
Financials
DLO vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between DLocal Limited and Wheaton Precious Metals Corp.. 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
DLO vs. WPM - Profitability Comparison
DLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, DLocal Limited reported a gross profit of 118.68M and revenue of 335.86M. Therefore, the gross margin over that period was 35.3%.
WPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Wheaton Precious Metals Corp. reported a gross profit of 689.26M and revenue of 888.98M. Therefore, the gross margin over that period was 77.5%.
DLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, DLocal Limited reported an operating income of 53.55M and revenue of 335.86M, resulting in an operating margin of 15.9%.
WPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Wheaton Precious Metals Corp. reported an operating income of 666.92M and revenue of 888.98M, resulting in an operating margin of 75.0%.
DLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, DLocal Limited reported a net income of 41.98M and revenue of 335.86M, resulting in a net margin of 12.5%.
WPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Wheaton Precious Metals Corp. reported a net income of 573.98M and revenue of 888.98M, resulting in a net margin of 64.6%.
Frequently Asked Questions
DLO and WPM have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WPM has higher volatility (12.22%) compared to DLO (9.91%). In terms of maximum drawdown, DLO dropped -89.99% vs WPM's -48.64%.
DLO currently has the higher Sharpe Ratio (0.89 vs 0.42), 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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