GMED vs. WPM
GMED (Globus Medical, Inc.) and WPM (Wheaton Precious Metals Corp.) are both stocks. GMED operates in Medical Devices (Healthcare), while WPM operates in Gold (Basic Materials). Over the past 10 years, GMED returned 12.86%/yr vs 15.55%/yr for WPM. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
GMED vs. WPM - Performance Comparison
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Returns By Period
In the year-to-date period, GMED achieves a -9.76% return, which is significantly lower than WPM's -6.94% return. Over the past 10 years, GMED has underperformed WPM with an annualized return of 12.86%, while WPM has yielded a comparatively higher 15.55% annualized return.
GMED
- 1D
- -1.83%
- 1M
- 3.73%
- 6M
- -13.11%
- YTD
- -9.76%
- 1Y
- 49.71%
- 3Y*
- 10.13%
- 5Y*
- -1.08%
- 10Y*
- 12.86%
- ALL TIME*
- 13.68%
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) |
|---|---|---|---|
| $96.46M | $126.87M | $149.45M | |
| $176.53M | $177.75M | $238.45M |
GMED vs. WPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMED Globus Medical, Inc. | -9.76% | 5.56% | 55.21% | -28.25% | 2.87% | 10.70% | 10.77% | 36.04% | 5.30% | 65.66% |
WPM Wheaton Precious Metals Corp. | -6.94% | 110.52% | 15.24% | 27.91% | -7.53% | 4.22% | 41.82% | 54.62% | -10.04% | 16.41% |
Correlation
The correlation between GMED and WPM is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.10 |
Fundamentals
GMED:
$10.63B
WPM:
$49.51B
GMED:
$4.28
WPM:
$3.96
GMED:
18.39
WPM:
27.55
GMED:
0.19
WPM:
0.74
GMED:
3.48
WPM:
18.06
GMED:
2.30
WPM:
5.35
GMED:
$3.10B
WPM:
$2.75B
GMED:
$1.58B
WPM:
$2.12B
GMED:
$803.34M
WPM:
$2.38B
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Return for Risk
GMED vs. WPM — Risk / Return Rank
GMED
WPM
GMED vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) 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.
| GMED | WPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.11 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 0.54 | +1.72 |
| Martin ratioReturn relative to average drawdown | 4.92 | 1.19 | +3.73 |
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Drawdowns
GMED vs. WPM - Drawdown Comparison
The maximum GMED drawdown since its inception was -47.91%, roughly equal to the maximum WPM drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for GMED and WPM.
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Drawdown Indicators
| GMED | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.91% | -48.64% | +0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -22.10% | -37.38% | +15.28% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -37.38% | -7.02% |
Max Drawdown (5Y)Largest decline over 5 years | -47.91% | -43.29% | -4.62% |
Max Drawdown (10Y)Largest decline over 10 years | -47.91% | -48.64% | +0.73% |
Current DrawdownCurrent decline from peak | -18.62% | -34.01% | +15.39% |
Average DrawdownAverage peak-to-trough decline | -15.35% | -19.03% | +3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.13% | 16.81% | -6.68% |
Volatility
GMED vs. WPM - Volatility Comparison
Globus Medical, Inc. (GMED) and Wheaton Precious Metals Corp. (WPM) have volatilities of 12.47% and 12.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMED | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.47% | 12.22% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 26.28% | 39.66% | -13.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.44% | 47.09% | +2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.45% | 35.92% | +2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.41% | 36.82% | -1.41% |
Dividends
GMED vs. WPM - Dividend Comparison
GMED has not paid dividends to shareholders, while WPM's dividend yield for the trailing twelve months is around 0.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GMED Globus Medical, Inc. | 0.00% | 0.00% | 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
GMED vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between Globus Medical, Inc. 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
GMED vs. WPM - Profitability Comparison
GMED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Globus Medical, Inc. reported a gross profit of 0.00 and revenue of 759.85M. Therefore, the gross margin over that period was 0.0%.
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%.
GMED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Globus Medical, Inc. reported an operating income of 150.39M and revenue of 759.85M, resulting in an operating margin of 19.8%.
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%.
GMED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Globus Medical, Inc. reported a net income of 124.30M and revenue of 759.85M, resulting in a net margin of 16.4%.
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
GMED and WPM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GMED has higher volatility (12.47%) compared to WPM (12.22%). In terms of maximum drawdown, GMED dropped -47.91% vs WPM's -48.64%.
GMED currently has the higher Sharpe Ratio (1.01 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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