LRCX vs. WPM
LRCX (Lam Research Corporation) and WPM (Wheaton Precious Metals Corp.) are both stocks. LRCX operates in Semiconductor Equipment & Materials (Technology), while WPM operates in Gold (Basic Materials). Over the past 10 years, LRCX returned 46.35%/yr vs 19.95%/yr for WPM. At a 0.14 correlation, their price movements are largely independent.
Performance
LRCX vs. WPM - Performance Comparison
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Returns By Period
In the year-to-date period, LRCX achieves a 89.76% return, which is significantly higher than WPM's -1.95% return. Over the past 10 years, LRCX has outperformed WPM with an annualized return of 46.35%, while WPM has yielded a comparatively lower 19.95% annualized return.
LRCX
- 1D
- 6.98%
- 1M
- 10.34%
- YTD
- 89.76%
- 6M
- 99.61%
- 1Y
- 278.49%
- 3Y*
- 76.58%
- 5Y*
- 40.10%
- 10Y*
- 46.35%
WPM
- 1D
- -1.17%
- 1M
- -17.15%
- YTD
- -1.95%
- 6M
- 9.78%
- 1Y
- 30.34%
- 3Y*
- 38.10%
- 5Y*
- 20.76%
- 10Y*
- 19.95%
LRCX vs. WPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LRCX Lam Research Corporation | 89.76% | 139.16% | -6.84% | 88.63% | -40.72% | 53.66% | 64.18% | 119.33% | -24.40% | 76.21% |
WPM Wheaton Precious Metals Corp. | -1.95% | 110.52% | 15.24% | 27.91% | -7.53% | 4.22% | 41.82% | 54.62% | -10.04% | 16.41% |
Correlation
The correlation between LRCX and WPM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.14 |
Fundamentals
LRCX:
$409.71B
WPM:
$52.26B
LRCX:
$5.29
WPM:
$3.96
LRCX:
61.36
WPM:
29.02
LRCX:
4.64
WPM:
0.78
LRCX:
18.98
WPM:
19.02
LRCX:
38.71
WPM:
5.64
LRCX:
$21.68B
WPM:
$2.75B
LRCX:
$10.84B
WPM:
$2.12B
LRCX:
$6.10B
WPM:
$2.38B
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Return for Risk
LRCX vs. WPM — Risk / Return Rank
LRCX
WPM
LRCX vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lam Research Corporation (LRCX) 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.
| LRCX | WPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.78 | ||
| Sortino ratioReturn per unit of downside risk | +3.46 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.15 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 14.02 | 0.99 | +13.03 |
| Martin ratioReturn relative to average drawdown | 47.19 | 2.64 | +44.55 |
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
| LRCX | WPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.46 | 0.67 | +4.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.59 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | 0.55 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.68 | -0.25 |
Drawdowns
LRCX vs. WPM - Drawdown Comparison
The maximum LRCX drawdown since its inception was -87.90%, which is greater than WPM's maximum drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for LRCX and WPM.
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Drawdown Indicators
| LRCX | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.90% | -48.64% | -39.26% |
Max Drawdown (1Y)Largest decline over 1 year | -20.01% | -30.84% | +10.83% |
Max Drawdown (3Y)Largest decline over 3 years | -47.10% | -30.84% | -16.26% |
Max Drawdown (5Y)Largest decline over 5 years | -56.39% | -43.29% | -13.10% |
Max Drawdown (10Y)Largest decline over 10 years | -56.39% | -48.64% | -7.75% |
Current DrawdownCurrent decline from peak | -5.60% | -30.47% | +24.87% |
Average DrawdownAverage peak-to-trough decline | -28.18% | -18.85% | -9.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 11.53% | -5.60% |
Volatility
LRCX vs. WPM - Volatility Comparison
Lam Research Corporation (LRCX) has a higher volatility of 18.51% compared to Wheaton Precious Metals Corp. (WPM) at 16.65%. This indicates that LRCX'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.
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Volatility by Period
| LRCX | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.51% | 16.65% | +1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 42.13% | 38.92% | +3.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.52% | 45.46% | +6.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.25% | 35.33% | +10.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.76% | 36.72% | +8.04% |
Dividends
LRCX vs. WPM - Dividend Comparison
LRCX's dividend yield for the trailing twelve months is around 0.31%, less than WPM's 0.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LRCX Lam Research Corporation | 0.31% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
WPM Wheaton Precious Metals Corp. | 0.63% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 0.00% |
Financials
LRCX vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between Lam Research 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
LRCX vs. WPM - Profitability Comparison
LRCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a gross profit of 2.91B and revenue of 5.84B. Therefore, the gross margin over that period was 49.8%.
WPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
LRCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported an operating income of 2.05B and revenue of 5.84B, resulting in an operating margin of 35.0%.
WPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
LRCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a net income of 1.83B and revenue of 5.84B, resulting in a net margin of 31.3%.
WPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
LRCX and WPM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LRCX has higher volatility (18.51%) compared to WPM (16.65%). In terms of maximum drawdown, LRCX dropped -87.90% vs WPM's -48.64%.
LRCX currently has the higher Sharpe Ratio (5.46 vs 0.67), 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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