RGA vs. WPM
RGA (Reinsurance Group of America, Incorporated) and WPM (Wheaton Precious Metals Corp.) are both stocks. RGA operates in Insurance - Reinsurance (Financial Services), while WPM operates in Gold (Basic Materials). Over the past 10 years, RGA returned 11.40%/yr vs 17.29%/yr for WPM. At a 0.04 correlation, their price movements are largely independent.
Performance
RGA vs. WPM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RGA achieves a 14.83% return, which is significantly higher than WPM's -6.07% return. Over the past 10 years, RGA has underperformed WPM with an annualized return of 11.40%, while WPM has yielded a comparatively higher 17.29% annualized return.
RGA
- 1D
- 0.29%
- 1M
- 12.35%
- 6M
- 15.97%
- YTD
- 14.83%
- 1Y
- 21.33%
- 3Y*
- 19.97%
- 5Y*
- 17.91%
- 10Y*
- 11.40%
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%
RGA vs. WPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RGA Reinsurance Group of America, Incorporated | 14.83% | -2.97% | 34.38% | 16.39% | 33.04% | -3.21% | -27.02% | 18.29% | -8.71% | 25.59% |
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 RGA and WPM is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.04 |
Fundamentals
RGA:
$15.14B
WPM:
$49.98B
RGA:
$20.15
WPM:
$3.96
RGA:
11.47
WPM:
27.80
RGA:
0.43
WPM:
0.74
RGA:
0.57
WPM:
18.23
RGA:
$18.13B
WPM:
$2.75B
RGA:
$3.15B
WPM:
$2.12B
RGA:
$1.46B
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
RGA vs. WPM — Risk / Return Rank
RGA
WPM
RGA vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Reinsurance Group of America, Incorporated (RGA) 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.
| RGA | WPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.12 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 0.67 | +0.92 |
| Martin ratioReturn relative to average drawdown | 3.78 | 1.59 | +2.19 |
Loading charts...
Drawdowns
RGA vs. WPM - Drawdown Comparison
The maximum RGA drawdown since its inception was -65.75%, which is greater than WPM's maximum drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for RGA and WPM.
Loading charts...
Drawdown Indicators
| RGA | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.75% | -48.64% | -17.11% |
Max Drawdown (1Y)Largest decline over 1 year | -12.68% | -34.92% | +22.24% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -34.92% | +7.81% |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | -43.29% | +16.18% |
Max Drawdown (10Y)Largest decline over 10 years | -65.75% | -48.64% | -17.11% |
Current DrawdownCurrent decline from peak | 0.00% | -33.39% | +33.39% |
Average DrawdownAverage peak-to-trough decline | -11.64% | -18.94% | +7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.30% | 14.61% | -9.31% |
Volatility
RGA vs. WPM - Volatility Comparison
The current volatility for Reinsurance Group of America, Incorporated (RGA) is 6.22%, while Wheaton Precious Metals Corp. (WPM) has a volatility of 14.50%. This indicates that RGA experiences smaller price fluctuations and is considered to be less risky than WPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RGA | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.22% | 14.50% | -8.28% |
Volatility (6M)Calculated over the trailing 6-month period | 17.21% | 39.79% | -22.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.85% | 46.66% | -22.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.67% | 35.74% | -8.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.90% | 36.80% | -3.90% |
Dividends
RGA vs. WPM - Dividend Comparison
RGA's dividend yield for the trailing twelve months is around 1.80%, more than WPM's 0.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGA Reinsurance Group of America, Incorporated | 1.80% | 1.79% | 1.63% | 2.04% | 2.15% | 2.61% | 2.42% | 1.59% | 1.57% | 1.17% | 1.24% | 1.64% |
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% | 0.00% |
Financials
RGA vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between Reinsurance Group of America, Incorporated 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
RGA vs. WPM - Profitability Comparison
RGA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Reinsurance Group of America, Incorporated reported a gross profit of 0.00 and revenue of 6.49M. Therefore, the gross margin over that period was 0.0%.
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%.
RGA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Reinsurance Group of America, Incorporated reported an operating income of 441.00K and revenue of 6.49M, resulting in an operating margin of 6.8%.
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%.
RGA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Reinsurance Group of America, Incorporated reported a net income of 331.00K and revenue of 6.49M, resulting in a net margin of 5.1%.
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
RGA and WPM have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WPM has higher volatility (14.50%) compared to RGA (6.22%). In terms of maximum drawdown, RGA dropped -65.75% vs WPM's -48.64%.
RGA currently has the higher Sharpe Ratio (0.84 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 RGA 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