PTC vs. WPM.TO

Last updated Jun 9, 2026

PTC (PTC Inc.) and WPM.TO (Wheaton Precious Metals Corp.) are both stocks. PTC operates in Software - Application (Technology), while WPM.TO operates in Gold (Basic Materials). Over the past 10 years, PTC returned 13.90%/yr vs 19.88%/yr for WPM.TO. At a 0.15 correlation, their price movements are largely independent.

Performance

PTC vs. WPM.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PTC Inc. (PTC) and Wheaton Precious Metals Corp. (WPM.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PTC is traded in USD, while WPM.TO is traded in CAD. To make them comparable, the WPM.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PTC achieves a -21.89% return, which is significantly lower than WPM.TO's -2.23% return. Over the past 10 years, PTC has underperformed WPM.TO with an annualized return of 13.90%, while WPM.TO has yielded a comparatively higher 19.88% annualized return.

PTC

• 1D: -0.68%
• 1M: -7.21%
• YTD: -21.89%
• 6M: -21.98%
• 1Y: -20.12%
• 3Y*: -0.61%
• 5Y*: 0.20%
• 10Y*: 13.90%

WPM.TO

• 1D: -1.35%
• 1M: -17.28%
• YTD: -2.23%
• 6M: 9.55%
• 1Y: 30.00%
• 3Y*: 38.15%
• 5Y*: 20.70%
• 10Y*: 19.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PTC vs. WPM.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PTC PTC Inc.	-21.89%	-5.25%	5.09%	45.75%	-0.92%	1.29%	59.71%	-9.66%	36.42%	31.34%
WPM.TO Wheaton Precious Metals Corp.	-2.23%	110.53%	15.36%	28.25%	-6.96%	3.25%	42.44%	53.50%	-9.83%	16.79%

Correlation

The correlation between PTC and WPM.TO is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.09
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006	0.15

The correlation between PTC and WPM.TO shifts across timeframes, from 0.02 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PTC : $864.04K WPM.TO : CA$72.86B
EPS PTC : $13.81 WPM.TO : CA$3.96
PE Ratio PTC : 9.86 WPM.TO : 40.49
PEG Ratio PTC : 0.44 WPM.TO : 1.09
PS Ratio PTC : 4.10 WPM.TO : 26.54
Total Revenue (TTM) PTC : $3.00B WPM.TO : CA$2.74B
Gross Profit (TTM) PTC : $2.54B WPM.TO : CA$2.12B
EBITDA (TTM) PTC : $1.67B WPM.TO : CA$2.37B

Return for Risk

PTC vs. WPM.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PTC

PTC Risk / Return Rank: 19
PTC Sharpe Ratio Rank: 16
PTC Sortino Ratio Rank: 16
PTC Omega Ratio Rank: 15
PTC Calmar Ratio Rank: 24
PTC Martin Ratio Rank: 24

WPM.TO

WPM.TO Risk / Return Rank: 63
WPM.TO Sharpe Ratio Rank: 66
WPM.TO Sortino Ratio Rank: 59
WPM.TO Omega Ratio Rank: 60
WPM.TO Calmar Ratio Rank: 64
WPM.TO Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PTC vs. WPM.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PTC Inc. (PTC) 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.

	PTC	WPM.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.60	0.67	-1.27
Sortino ratio: Return per unit of downside risk	-0.77	1.09	-1.86
Omega ratio: Gain probability vs. loss probability	0.90	1.15	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.53	0.97	-1.50
Martin ratio: Return relative to average drawdown	-0.92	2.62	-3.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTC vs. WPM.TO - Sharpe Ratio Comparison

The current PTC Sharpe Ratio is -0.60, which is lower than the WPM.TO Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of PTC and WPM.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PTC	WPM.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.60	0.67	-1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.61	-0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.56	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.31	-0.08

Drawdowns

PTC vs. WPM.TO - Drawdown Comparison

The maximum PTC drawdown since its inception was -95.28%, which is greater than WPM.TO's maximum drawdown of -86.62%. Use the drawdown chart below to compare losses from any high point for PTC and WPM.TO.

Drawdown Indicators

	PTC	WPM.TO	Difference
Max Drawdown Largest peak-to-trough decline	-95.28%	-86.62%	-8.66%
Max Drawdown (1Y) Largest decline over 1 year	-38.37%	-31.03%	-7.34%
Max Drawdown (3Y) Largest decline over 3 years	-38.37%	-31.03%	-7.34%
Max Drawdown (5Y) Largest decline over 5 years	-38.37%	-42.43%	+4.06%
Max Drawdown (10Y) Largest decline over 10 years	-54.37%	-48.37%	-6.00%
Current Drawdown Current decline from peak	-37.16%	-30.52%	-6.64%
Average Drawdown Average peak-to-trough decline	-45.13%	-31.37%	-13.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.82%	11.47%	+10.35%

Volatility

PTC vs. WPM.TO - Volatility Comparison

The current volatility for PTC Inc. (PTC) is 8.12%, while Wheaton Precious Metals Corp. (WPM.TO) has a volatility of 17.69%. This indicates that PTC 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.

Volatility by Period

	PTC	WPM.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.12%	17.69%	-9.57%
Volatility (6M) Calculated over the trailing 6-month period	21.45%	38.14%	-16.69%
Volatility (1Y) Calculated over the trailing 1-year period	33.54%	44.96%	-11.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.22%	33.98%	-3.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.87%	35.67%	-2.80%

Dividends

PTC vs. WPM.TO - Dividend Comparison

PTC has not paid dividends to shareholders, while WPM.TO's dividend yield for the trailing twelve months is around 0.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PTC PTC Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WPM.TO Wheaton Precious Metals Corp.	0.63%	0.57%	1.05%	1.25%	1.40%	1.05%	1.08%	1.24%	1.75%	1.54%	1.06%	1.48%

Financials

PTC vs. WPM.TO - Profitability Comparison

The chart below illustrates the profitability comparison between PTC Inc. and Wheaton Precious Metals Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PTC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PTC Inc. reported a gross profit of 660.69M and revenue of 774.30M. Therefore, the gross margin over that period was 85.3%.

WPM.TO - 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 687.49M and revenue of 886.69M. Therefore, the gross margin over that period was 77.5%.

PTC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PTC Inc. reported an operating income of 295.80M and revenue of 774.30M, resulting in an operating margin of 38.2%.

WPM.TO - 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 665.21M and revenue of 886.69M, resulting in an operating margin of 75.0%.

PTC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PTC Inc. reported a net income of 590.72M and revenue of 774.30M, resulting in a net margin of 76.3%.

WPM.TO - 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 572.50M and revenue of 886.69M, resulting in a net margin of 64.6%.

Frequently Asked Questions

Can I hold both PTC and WPM.TO in my portfolio?

PTC and WPM.TO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.