PAF.L vs. WT
PAF.L (Pan African Resources plc) and WT (WisdomTree Inc.) are both stocks. PAF.L operates in Gold (Basic Materials), while WT operates in Asset Management (Financial Services). Over the past 10 years, PAF.L returned 24.42%/yr vs 8.63%/yr for WT. At a 0.05 correlation, their price movements are largely independent.
Performance
PAF.L vs. WT - Performance Comparison
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Different Trading Currencies
PAF.L is traded in GBp, while WT is traded in USD. To make them comparable, the WT values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PAF.L achieves a -9.60% return, which is significantly lower than WT's 48.68% return. Over the past 10 years, PAF.L has outperformed WT with an annualized return of 24.42%, while WT has yielded a comparatively lower 8.63% annualized return.
PAF.L
- 1D
- 5.62%
- 1M
- -26.94%
- YTD
- -9.60%
- 6M
- -1.63%
- 1Y
- 129.47%
- 3Y*
- 108.56%
- 5Y*
- 46.75%
- 10Y*
- 24.42%
WT
- 1D
- 4.08%
- 1M
- -9.31%
- YTD
- 48.68%
- 6M
- 52.05%
- 1Y
- 82.34%
- 3Y*
- 33.46%
- 5Y*
- 23.99%
- 10Y*
- 8.63%
PAF.L vs. WT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAF.L Pan African Resources plc | -9.60% | 258.03% | 109.32% | 6.38% | 4.14% | -25.77% | 102.96% | 40.81% | -34.94% | -11.75% |
WT WisdomTree Inc. | 48.68% | 9.01% | 56.23% | 23.09% | 1.88% | 17.68% | 10.78% | -28.58% | -43.13% | 6.40% |
Correlation
The correlation between PAF.L and WT is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.05 |
The correlation between PAF.L and WT shifts across timeframes, from 0.04 (10 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PAF.L:
£2.21B
WT:
$2.48B
PAF.L:
$0.29
WT:
$0.43
PAF.L:
4.95
WT:
42.03
PAF.L:
0.01
WT:
0.87
PAF.L:
1.51
WT:
4.73
PAF.L:
4.29
WT:
5.22
PAF.L:
$1.03B
WT:
$545.14M
PAF.L:
$489.97M
WT:
$383.12M
PAF.L:
$528.52M
WT:
$136.90M
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Return for Risk
PAF.L vs. WT — Risk / Return Rank
PAF.L
WT
PAF.L vs. WT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pan African Resources plc (PAF.L) and WisdomTree Inc. (WT). 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.
| PAF.L | WT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.33 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 3.28 | -0.34 |
| Martin ratioReturn relative to average drawdown | 9.67 | 7.51 | +2.16 |
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Drawdowns
PAF.L vs. WT - Drawdown Comparison
The maximum PAF.L drawdown since its inception was -80.73%, smaller than the maximum WT drawdown of -88.06%. Use the drawdown chart below to compare losses from any high point for PAF.L and WT.
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Drawdown Indicators
| PAF.L | WT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.73% | -88.06% | +7.33% |
Max Drawdown (1Y)Largest decline over 1 year | -44.73% | -24.42% | -20.31% |
Max Drawdown (3Y)Largest decline over 3 years | -44.73% | -37.94% | -6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -47.34% | -37.94% | -9.40% |
Max Drawdown (10Y)Largest decline over 10 years | -70.68% | -81.57% | +10.89% |
Current DrawdownCurrent decline from peak | -40.36% | -9.31% | -31.05% |
Average DrawdownAverage peak-to-trough decline | -29.27% | -44.23% | +14.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.65% | 10.65% | +3.00% |
Volatility
PAF.L vs. WT - Volatility Comparison
Pan African Resources plc (PAF.L) has a higher volatility of 21.97% compared to WisdomTree Inc. (WT) at 10.73%. This indicates that PAF.L's price experiences larger fluctuations and is considered to be riskier than WT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAF.L | WT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.97% | 10.73% | +11.24% |
Volatility (6M)Calculated over the trailing 6-month period | 44.78% | 30.12% | +14.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.10% | 36.55% | +17.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.00% | 31.49% | +16.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.54% | 42.72% | +10.82% |
Dividends
PAF.L vs. WT - Dividend Comparison
PAF.L's dividend yield for the trailing twelve months is around 2.00%, more than WT's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAF.L Pan African Resources plc | 2.00% | 1.35% | 2.79% | 4.52% | 5.25% | 5.09% | 2.92% | 0.98% | 0.00% | 3.38% | 5.67% | 6.83% |
WT WisdomTree Inc. | 0.67% | 0.98% | 1.14% | 1.73% | 2.20% | 1.96% | 2.24% | 2.48% | 1.80% | 2.55% | 2.87% | 3.64% |
Financials
PAF.L vs. WT - Financials Comparison
This section allows you to compare key financial metrics between Pan African Resources plc and WisdomTree Inc.. 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
PAF.L vs. WT - Profitability Comparison
PAF.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported a gross profit of 264.90M and revenue of 489.40M. Therefore, the gross margin over that period was 54.1%.
WT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, WisdomTree Inc. reported a gross profit of 123.69M and revenue of 159.47M. Therefore, the gross margin over that period was 77.6%.
PAF.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported an operating income of 257.33M and revenue of 489.40M, resulting in an operating margin of 52.6%.
WT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, WisdomTree Inc. reported an operating income of 61.28M and revenue of 159.47M, resulting in an operating margin of 38.4%.
PAF.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported a net income of 148.68M and revenue of 489.40M, resulting in a net margin of 30.4%.
WT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, WisdomTree Inc. reported a net income of -23.13M and revenue of 159.47M, resulting in a net margin of -14.5%.
Frequently Asked Questions
PAF.L and WT have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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