ERO vs. WDO.TO
ERO (Ero Copper Corp) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. Both are in the Basic Materials sector — ERO in Copper, WDO.TO in Gold. Over the past 5 years, ERO returned 4.57%/yr vs 11.75%/yr for WDO.TO. At a 0.24 correlation, their price movements are largely independent.
Performance
ERO vs. WDO.TO - Performance Comparison
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Different Trading Currencies
ERO 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, ERO achieves a 3.89% return, which is significantly lower than WDO.TO's 9.28% return.
ERO
- 1D
- 6.10%
- 1M
- -5.13%
- YTD
- 3.89%
- 6M
- 16.30%
- 1Y
- 87.56%
- 3Y*
- 14.46%
- 5Y*
- 4.57%
- 10Y*
- —
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%
ERO vs. WDO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ERO Ero Copper Corp | 3.89% | 109.87% | -14.63% | 14.84% | -10.07% | -5.73% | -10.97% | 151.68% | 21.41% | 52.76% |
WDO.TO Wesdome Gold Mines Ltd. | 9.28% | 84.57% | 54.37% | 5.59% | -38.89% | 8.43% | 6.96% | 139.44% | 93.67% | 3.24% |
Correlation
The correlation between ERO and WDO.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017 | 0.24 |
The correlation between ERO and WDO.TO shifts across timeframes, from 0.24 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ERO:
$3.09B
WDO.TO:
CA$3.84B
ERO:
$2.80
WDO.TO:
CA$2.68
ERO:
10.51
WDO.TO:
9.47
ERO:
0.11
WDO.TO:
0.11
ERO:
3.32
WDO.TO:
3.74
ERO:
2.80
WDO.TO:
3.77
ERO:
$925.20M
WDO.TO:
CA$1.03B
ERO:
$394.67M
WDO.TO:
CA$636.67M
ERO:
$528.87M
WDO.TO:
CA$694.56M
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Return for Risk
ERO vs. WDO.TO — Risk / Return Rank
ERO
WDO.TO
ERO vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ero Copper Corp (ERO) 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.
| ERO | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.12 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 0.95 | +1.36 |
| Martin ratioReturn relative to average drawdown | 4.95 | 2.22 | +2.72 |
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Drawdowns
ERO vs. WDO.TO - Drawdown Comparison
The maximum ERO drawdown since its inception was -67.17%, smaller than the maximum WDO.TO drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for ERO and WDO.TO.
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Drawdown Indicators
| ERO | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.17% | -89.89% | +22.72% |
Max Drawdown (1Y)Largest decline over 1 year | -37.97% | -26.79% | -11.18% |
Max Drawdown (3Y)Largest decline over 3 years | -59.84% | -26.79% | -33.05% |
Max Drawdown (5Y)Largest decline over 5 years | -63.89% | -64.89% | +1.00% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.89% | — |
Current DrawdownCurrent decline from peak | -22.72% | -19.72% | -3.00% |
Average DrawdownAverage peak-to-trough decline | -27.04% | -37.01% | +9.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.75% | 11.46% | +6.29% |
Volatility
ERO vs. WDO.TO - Volatility Comparison
Ero Copper Corp (ERO) has a higher volatility of 26.23% compared to Wesdome Gold Mines Ltd. (WDO.TO) at 21.13%. This indicates that ERO's price experiences larger fluctuations and is considered to be riskier 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
| ERO | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.23% | 21.13% | +5.10% |
Volatility (6M)Calculated over the trailing 6-month period | 47.36% | 41.61% | +5.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.06% | 52.06% | +6.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.03% | 48.28% | +6.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.38% | 53.57% | +5.81% |
Dividends
ERO vs. WDO.TO - Dividend Comparison
Neither ERO nor WDO.TO has paid dividends to shareholders.
Financials
ERO vs. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between Ero Copper Corp 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
ERO vs. WDO.TO - Profitability Comparison
ERO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ero Copper Corp reported a gross profit of 103.33M and revenue of 259.52M. Therefore, the gross margin over that period was 39.8%.
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%.
ERO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ero Copper Corp reported an operating income of 90.17M and revenue of 259.52M, resulting in an operating margin of 34.7%.
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%.
ERO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ero Copper Corp reported a net income of 107.26M and revenue of 259.52M, resulting in a net margin of 41.3%.
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
ERO and WDO.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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