FNV.TO vs. WPM.TO
Compare and contrast key facts about Franco-Nevada Corporation (FNV.TO) and Wheaton Precious Metals Corp. (WPM.TO).
Performance
FNV.TO vs. WPM.TO - Performance Comparison
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FNV.TO vs. WPM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNV.TO Franco-Nevada Corporation | 21.27% | 69.90% | 16.50% | -19.65% | 6.49% | 10.56% | 19.99% | 41.69% | -3.12% | 26.63% |
WPM.TO Wheaton Precious Metals Corp. | 13.16% | 100.92% | 25.13% | 25.20% | -0.53% | 3.47% | 39.06% | 47.18% | -2.24% | 8.88% |
Fundamentals
FNV.TO:
CA$66.41B
WPM.TO:
CA$83.05B
FNV.TO:
CA$5.79
WPM.TO:
CA$3.26
FNV.TO:
59.45
WPM.TO:
56.10
FNV.TO:
1.24
WPM.TO:
1.51
FNV.TO:
36.31
WPM.TO:
35.67
FNV.TO:
8.71
WPM.TO:
9.57
FNV.TO:
CA$1.83B
WPM.TO:
CA$2.33B
FNV.TO:
CA$1.35B
WPM.TO:
CA$1.75B
FNV.TO:
CA$1.72B
WPM.TO:
CA$1.93B
Returns By Period
In the year-to-date period, FNV.TO achieves a 21.27% return, which is significantly higher than WPM.TO's 13.16% return. Over the past 10 years, FNV.TO has underperformed WPM.TO with an annualized return of 17.08%, while WPM.TO has yielded a comparatively higher 25.58% annualized return.
FNV.TO
- 1D
- 6.00%
- 1M
- -9.50%
- YTD
- 21.27%
- 6M
- 11.59%
- 1Y
- 53.37%
- 3Y*
- 21.67%
- 5Y*
- 17.27%
- 10Y*
- 17.08%
WPM.TO
- 1D
- 5.98%
- 1M
- -17.85%
- YTD
- 13.16%
- 6M
- 17.43%
- 1Y
- 64.73%
- 3Y*
- 42.36%
- 5Y*
- 31.15%
- 10Y*
- 25.58%
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Return for Risk
FNV.TO vs. WPM.TO — Risk / Return Rank
FNV.TO
WPM.TO
FNV.TO vs. WPM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franco-Nevada Corporation (FNV.TO) and Wheaton Precious Metals Corp. (WPM.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.
| FNV.TO | WPM.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.53 | -0.02 |
Sortino ratioReturn per unit of downside risk | 1.94 | 1.87 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.28 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.76 | 2.19 | +0.57 |
Martin ratioReturn relative to average drawdown | 7.31 | 8.38 | -1.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FNV.TO | WPM.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.53 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.97 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.73 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.35 | +0.21 |
Correlation
The correlation between FNV.TO and WPM.TO is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FNV.TO vs. WPM.TO - Dividend Comparison
FNV.TO's dividend yield for the trailing twelve months is around 0.63%, more than WPM.TO's 0.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV.TO Franco-Nevada Corporation | 0.63% | 0.75% | 1.17% | 1.25% | 0.91% | 0.83% | 0.86% | 0.98% | 1.55% | 1.12% | 1.42% | 1.53% |
WPM.TO Wheaton Precious Metals Corp. | 0.51% | 0.57% | 1.05% | 1.25% | 1.83% | 1.31% | 1.08% | 1.24% | 1.75% | 1.54% | 1.06% | 1.77% |
Drawdowns
FNV.TO vs. WPM.TO - Drawdown Comparison
The maximum FNV.TO drawdown since its inception was -47.77%, smaller than the maximum WPM.TO drawdown of -83.21%. Use the drawdown chart below to compare losses from any high point for FNV.TO and WPM.TO.
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Drawdown Indicators
| FNV.TO | WPM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.77% | -83.21% | +35.44% |
Max Drawdown (1Y)Largest decline over 1 year | -20.31% | -30.69% | +10.38% |
Max Drawdown (5Y)Largest decline over 5 years | -33.81% | -39.04% | +5.23% |
Max Drawdown (10Y)Largest decline over 10 years | -38.28% | -47.50% | +9.22% |
Current DrawdownCurrent decline from peak | -10.09% | -19.43% | +9.34% |
Average DrawdownAverage peak-to-trough decline | -12.18% | -24.72% | +12.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 8.01% | -0.35% |
Volatility
FNV.TO vs. WPM.TO - Volatility Comparison
The current volatility for Franco-Nevada Corporation (FNV.TO) is 13.54%, while Wheaton Precious Metals Corp. (WPM.TO) has a volatility of 17.67%. This indicates that FNV.TO experiences smaller price fluctuations and is considered to be less risky than WPM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNV.TO | WPM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.54% | 17.67% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 28.73% | 35.49% | -6.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.38% | 42.43% | -7.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.79% | 32.27% | -4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.93% | 35.13% | -6.20% |
Financials
FNV.TO vs. WPM.TO - Financials Comparison
This section allows you to compare key financial metrics between Franco-Nevada Corporation 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
FNV.TO vs. WPM.TO - Profitability Comparison
FNV.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Franco-Nevada Corporation reported a gross profit of 465.85M and revenue of 604.86M. Therefore, the gross margin over that period was 77.0%.
WPM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Wheaton Precious Metals Corp. reported a gross profit of 673.37M and revenue of 878.01M. Therefore, the gross margin over that period was 76.7%.
FNV.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Franco-Nevada Corporation reported an operating income of 457.32M and revenue of 604.86M, resulting in an operating margin of 75.6%.
WPM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Wheaton Precious Metals Corp. reported an operating income of 660.02M and revenue of 878.01M, resulting in an operating margin of 75.2%.
FNV.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Franco-Nevada Corporation reported a net income of 373.35M and revenue of 604.86M, resulting in a net margin of 61.7%.
WPM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Wheaton Precious Metals Corp. reported a net income of 566.83M and revenue of 878.01M, resulting in a net margin of 64.6%.