RGLD vs. WDO.TO
RGLD (Royal Gold, Inc.) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, RGLD returned 13.61%/yr vs 29.68%/yr for WDO.TO. At a 0.40 correlation, their price movements are largely independent.
Performance
RGLD vs. WDO.TO - Performance Comparison
Loading charts...
Different Trading Currencies
RGLD is traded in USD, while WDO.TO is traded in CAD. To make them comparable, the WDO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RGLD achieves a -6.25% return, which is significantly lower than WDO.TO's 9.28% return. Over the past 10 years, RGLD has underperformed WDO.TO with an annualized return of 13.61%, while WDO.TO has yielded a comparatively higher 29.68% annualized return.
RGLD
- 1D
- 1.47%
- 1M
- -15.27%
- YTD
- -6.25%
- 6M
- -4.74%
- 1Y
- 16.96%
- 3Y*
- 21.73%
- 5Y*
- 12.37%
- 10Y*
- 13.61%
WDO.TO
- 1D
- 2.92%
- 1M
- -19.72%
- YTD
- 9.28%
- 6M
- 10.80%
- 1Y
- 25.43%
- 3Y*
- 49.20%
- 5Y*
- 11.75%
- 10Y*
- 29.68%
RGLD vs. WDO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RGLD Royal Gold, Inc. | -6.25% | 70.43% | 10.39% | 8.70% | 8.51% | 0.04% | -12.13% | 44.27% | 5.53% | 31.32% |
WDO.TO Wesdome Gold Mines Ltd. | 9.28% | 84.57% | 54.37% | 5.59% | -38.89% | 8.43% | 6.96% | 139.44% | 93.67% | 8.29% |
Correlation
The correlation between RGLD and WDO.TO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.40 |
The correlation between RGLD and WDO.TO shifts across timeframes, from 0.40 (all time) to 0.59 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
RGLD:
$17.65B
WDO.TO:
CA$3.84B
RGLD:
$8.53
WDO.TO:
CA$2.68
RGLD:
24.34
WDO.TO:
9.47
RGLD:
1.66
WDO.TO:
0.11
RGLD:
11.81
WDO.TO:
3.74
RGLD:
2.38
WDO.TO:
3.77
RGLD:
$1.31B
WDO.TO:
CA$1.03B
RGLD:
$579.68M
WDO.TO:
CA$636.67M
RGLD:
$949.59M
WDO.TO:
CA$694.56M
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
RGLD vs. WDO.TO — Risk / Return Rank
RGLD
WDO.TO
RGLD vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Gold, Inc. (RGLD) and Wesdome Gold Mines Ltd. (WDO.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.
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.
| RGLD | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.12 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 0.95 | -0.47 |
| Martin ratioReturn relative to average drawdown | 1.27 | 2.22 | -0.95 |
Loading charts...
Drawdowns
RGLD vs. WDO.TO - Drawdown Comparison
The maximum RGLD drawdown since its inception was -98.29%, which is greater than WDO.TO's maximum drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for RGLD and WDO.TO.
Loading charts...
Drawdown Indicators
| RGLD | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.29% | -89.89% | -8.40% |
Max Drawdown (1Y)Largest decline over 1 year | -35.12% | -26.79% | -8.33% |
Max Drawdown (3Y)Largest decline over 3 years | -35.12% | -26.79% | -8.33% |
Max Drawdown (5Y)Largest decline over 5 years | -40.73% | -64.89% | +24.16% |
Max Drawdown (10Y)Largest decline over 10 years | -49.55% | -64.89% | +15.34% |
Current DrawdownCurrent decline from peak | -31.66% | -19.72% | -11.94% |
Average DrawdownAverage peak-to-trough decline | -29.82% | -37.01% | +7.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.34% | 11.46% | +1.88% |
Volatility
RGLD vs. WDO.TO - Volatility Comparison
The current volatility for Royal Gold, Inc. (RGLD) is 12.33%, while Wesdome Gold Mines Ltd. (WDO.TO) has a volatility of 21.13%. This indicates that RGLD experiences smaller price fluctuations and is considered to be less risky than WDO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RGLD | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.33% | 21.13% | -8.80% |
Volatility (6M)Calculated over the trailing 6-month period | 32.22% | 41.61% | -9.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.34% | 52.06% | -12.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.58% | 48.28% | -16.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.66% | 53.57% | -19.91% |
Dividends
RGLD vs. WDO.TO - Dividend Comparison
RGLD's dividend yield for the trailing twelve months is around 0.89%, while WDO.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGLD Royal Gold, Inc. | 0.89% | 0.81% | 1.21% | 1.24% | 1.24% | 1.14% | 1.05% | 0.87% | 1.17% | 1.17% | 1.45% | 1.81% |
WDO.TO Wesdome Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RGLD vs. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between Royal Gold, Inc. and Wesdome Gold Mines Ltd.. 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
RGLD vs. WDO.TO - Profitability Comparison
RGLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a gross profit of 0.00 and revenue of 469.13M. Therefore, the gross margin over that period was 0.0%.
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a gross profit of 188.53M and revenue of 299.79M. Therefore, the gross margin over that period was 62.9%.
RGLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported an operating income of 297.09M and revenue of 469.13M, resulting in an operating margin of 63.3%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported an operating income of 177.51M and revenue of 299.79M, resulting in an operating margin of 59.2%.
RGLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a net income of 281.13M and revenue of 469.13M, resulting in a net margin of 59.9%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a net income of 118.88M and revenue of 299.79M, resulting in a net margin of 39.7%.
Frequently Asked Questions
RGLD and WDO.TO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for RGLD and WDO.TO
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