IDR vs. WPM
IDR (Idaho Strategic Resources, Inc.) and WPM (Wheaton Precious Metals Corp.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, IDR returned 33.74%/yr vs 17.29%/yr for WPM. At a 0.21 correlation, their price movements are largely independent.
Performance
IDR vs. WPM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDR achieves a -23.67% return, which is significantly lower than WPM's -6.07% return. Over the past 10 years, IDR has outperformed WPM with an annualized return of 33.74%, while WPM has yielded a comparatively lower 17.29% annualized return.
IDR
- 1D
- -0.55%
- 1M
- -10.87%
- 6M
- -37.07%
- YTD
- -23.67%
- 1Y
- 83.53%
- 3Y*
- 75.61%
- 5Y*
- 44.40%
- 10Y*
- 33.74%
WPM
- 1D
- -0.54%
- 1M
- -2.32%
- 6M
- -11.50%
- YTD
- -6.07%
- 1Y
- 21.69%
- 3Y*
- 39.08%
- 5Y*
- 21.25%
- 10Y*
- 17.29%
IDR vs. WPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDR Idaho Strategic Resources, Inc. | -23.67% | 295.49% | 60.95% | 11.07% | -23.39% | 102.06% | 93.38% | -15.00% | 5.26% | 26.67% |
WPM Wheaton Precious Metals Corp. | -6.07% | 110.52% | 15.24% | 27.91% | -7.53% | 4.22% | 41.82% | 54.62% | -10.04% | 16.41% |
Correlation
The correlation between IDR and WPM is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.21 |
Over the past year, IDR and WPM have become more correlated (0.53) than their long-term average of 0.21, meaning their price movements have been converging.
Fundamentals
IDR:
$486.31M
WPM:
$49.98B
IDR:
$1.41
WPM:
$3.96
IDR:
21.82
WPM:
27.80
IDR:
0.03
WPM:
0.74
IDR:
9.42
WPM:
18.23
IDR:
4.21
WPM:
5.40
IDR:
$49.61M
WPM:
$2.75B
IDR:
$23.05M
WPM:
$2.12B
IDR:
$24.61M
WPM:
$2.38B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDR vs. WPM — Risk / Return Rank
IDR
WPM
IDR vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Idaho Strategic Resources, Inc. (IDR) 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.
| IDR | WPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.12 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 0.67 | +1.15 |
| Martin ratioReturn relative to average drawdown | 3.58 | 1.59 | +1.98 |
Loading charts...
Drawdowns
IDR vs. WPM - Drawdown Comparison
The maximum IDR drawdown since its inception was -93.44%, which is greater than WPM's maximum drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for IDR and WPM.
Loading charts...
Drawdown Indicators
| IDR | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.44% | -48.64% | -44.80% |
Max Drawdown (1Y)Largest decline over 1 year | -49.96% | -34.92% | -15.04% |
Max Drawdown (3Y)Largest decline over 3 years | -49.96% | -34.92% | -15.04% |
Max Drawdown (5Y)Largest decline over 5 years | -62.42% | -43.29% | -19.13% |
Max Drawdown (10Y)Largest decline over 10 years | -62.42% | -48.64% | -13.78% |
Current DrawdownCurrent decline from peak | -41.59% | -33.39% | -8.20% |
Average DrawdownAverage peak-to-trough decline | -47.21% | -18.94% | -28.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.27% | 14.61% | +10.66% |
Volatility
IDR vs. WPM - Volatility Comparison
Idaho Strategic Resources, Inc. (IDR) has a higher volatility of 19.21% compared to Wheaton Precious Metals Corp. (WPM) at 14.50%. This indicates that IDR's price experiences larger fluctuations and is considered to be riskier than WPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IDR | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.21% | 14.50% | +4.71% |
Volatility (6M)Calculated over the trailing 6-month period | 60.99% | 39.79% | +21.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.84% | 46.66% | +43.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.07% | 35.74% | +37.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.79% | 36.80% | +48.99% |
Dividends
IDR vs. WPM - Dividend Comparison
IDR has not paid dividends to shareholders, while WPM's dividend yield for the trailing twelve months is around 0.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IDR Idaho Strategic Resources, 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. | 0.65% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% |
Financials
IDR vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between Idaho Strategic Resources, 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
IDR vs. WPM - Profitability Comparison
IDR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported a gross profit of 8.18M and revenue of 14.48M. Therefore, the gross margin over that period was 56.5%.
WPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
IDR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported an operating income of 7.58M and revenue of 14.48M, resulting in an operating margin of 52.4%.
WPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
IDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported a net income of 6.39M and revenue of 14.48M, resulting in a net margin of 44.1%.
WPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
IDR and WPM have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDR has higher volatility (19.21%) compared to WPM (14.50%). In terms of maximum drawdown, IDR dropped -93.44% vs WPM's -48.64%.
IDR currently has the higher Sharpe Ratio (1.04 vs 0.50), 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.
Find the right allocation for IDR and WPM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer