RELX vs. WCN
RELX (RELX PLC) and WCN (Waste Connections, Inc.) are both stocks. RELX operates in Publishing (Communication Services), while WCN operates in Waste Management (Industrials). Over the past 10 years, RELX returned 8.59%/yr vs 13.90%/yr for WCN. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
RELX vs. WCN - Performance Comparison
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Returns By Period
In the year-to-date period, RELX achieves a -10.65% return, which is significantly lower than WCN's -4.14% return. Over the past 10 years, RELX has underperformed WCN with an annualized return of 8.59%, while WCN has yielded a comparatively higher 13.90% annualized return.
RELX
- 1D
- -3.25%
- 1M
- 10.93%
- 6M
- 0.88%
- YTD
- -10.65%
- 1Y
- -29.62%
- 3Y*
- 4.16%
- 5Y*
- 5.79%
- 10Y*
- 8.59%
- ALL TIME*
- 9.12%
WCN
- 1D
- 0.67%
- 1M
- -0.85%
- 6M
- 0.30%
- YTD
- -4.14%
- 1Y
- -9.56%
- 3Y*
- 6.20%
- 5Y*
- 6.50%
- 10Y*
- 13.90%
- ALL TIME*
- 17.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
RELX RELX PLC | $111.06M | $102.76M | $92.18M |
| $252.66M | $226.08M | $266.58M |
RELX vs. WCN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RELX RELX PLC | -10.65% | -9.60% | 16.59% | 46.09% | -13.06% | 35.47% | 0.27% | 25.28% | -11.20% | 34.97% |
WCN Waste Connections, Inc. | -4.14% | 2.92% | 15.72% | 13.47% | -2.02% | 33.80% | 13.86% | 23.19% | 5.47% | 36.38% |
Correlation
The correlation between RELX and WCN is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 22, 1998 | 0.29 |
The correlation between RELX and WCN shifts across timeframes, from 0.29 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RELX:
$61.87B
WCN:
$42.19B
RELX:
£2.31
WCN:
$7.11
RELX:
11.40
WCN:
23.56
RELX:
1.09
WCN:
1.12
RELX:
2.48
WCN:
3.29
RELX:
£19.26B
WCN:
$9.80B
RELX:
£12.46B
WCN:
$1.75B
RELX:
£7.42B
WCN:
$2.10B
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Return for Risk
RELX vs. WCN — Risk / Return Rank
RELX
WCN
RELX vs. WCN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RELX PLC (RELX) and Waste Connections, Inc. (WCN). 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.
| RELX | WCN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.94 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | -0.45 | -0.20 |
| Martin ratioReturn relative to average drawdown | -1.11 | -0.80 | -0.30 |
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Drawdowns
RELX vs. WCN - Drawdown Comparison
The maximum RELX drawdown since its inception was -49.91%, smaller than the maximum WCN drawdown of -68.85%. Use the drawdown chart below to compare losses from any high point for RELX and WCN.
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Drawdown Indicators
| RELX | WCN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.91% | -68.85% | +18.94% |
Max Drawdown (1Y)Largest decline over 1 year | -46.36% | -21.30% | -25.06% |
Max Drawdown (3Y)Largest decline over 3 years | -49.91% | -24.75% | -25.16% |
Max Drawdown (5Y)Largest decline over 5 years | -49.91% | -24.75% | -25.16% |
Max Drawdown (10Y)Largest decline over 10 years | -49.91% | -31.59% | -18.32% |
Current DrawdownCurrent decline from peak | -34.77% | -15.47% | -19.30% |
Average DrawdownAverage peak-to-trough decline | -12.40% | -8.43% | -3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.20% | 12.01% | +15.19% |
Volatility
RELX vs. WCN - Volatility Comparison
RELX PLC (RELX) has a higher volatility of 12.44% compared to Waste Connections, Inc. (WCN) at 7.24%. This indicates that RELX's price experiences larger fluctuations and is considered to be riskier than WCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RELX | WCN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.44% | 7.24% | +5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 29.41% | 19.30% | +10.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.10% | 22.67% | +10.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.47% | 19.71% | +3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.65% | 19.89% | +2.76% |
Dividends
RELX vs. WCN - Dividend Comparison
RELX's dividend yield for the trailing twelve months is around 2.60%, more than WCN's 0.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RELX RELX PLC | 2.60% | 2.03% | 1.68% | 1.73% | 2.42% | 2.05% | 2.39% | 1.57% | 2.68% | 2.05% | 2.55% | 2.28% |
WCN Waste Connections, Inc. | 0.82% | 0.74% | 0.68% | 0.70% | 0.71% | 0.62% | 0.74% | 0.73% | 0.78% | 0.65% | 1.20% | 1.86% |
Financials
RELX vs. WCN - Financials Comparison
This section allows you to compare key financial metrics between RELX PLC and Waste Connections, 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
RELX vs. WCN - Profitability Comparison
RELX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, RELX PLC reported a gross profit of 3.15B and revenue of 4.91B. Therefore, the gross margin over that period was 64.1%.
WCN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Waste Connections, Inc. reported a gross profit of -1.01B and revenue of 2.56B. Therefore, the gross margin over that period was -39.4%.
RELX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, RELX PLC reported an operating income of 1.59B and revenue of 4.91B, resulting in an operating margin of 32.3%.
WCN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Waste Connections, Inc. reported an operating income of 437.55M and revenue of 2.56B, resulting in an operating margin of 17.1%.
RELX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, RELX PLC reported a net income of 1.18B and revenue of 4.91B, resulting in a net margin of 24.1%.
WCN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Waste Connections, Inc. reported a net income of 599.49M and revenue of 2.56B, resulting in a net margin of 23.4%.
Frequently Asked Questions
RELX and WCN have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RELX has higher volatility (12.44%) compared to WCN (7.24%). In terms of maximum drawdown, RELX dropped -49.91% vs WCN's -68.85%.
WCN currently has the higher Sharpe Ratio (-0.43 vs -0.91), 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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