SAUS.L vs. WPM

Last updated Jun 5, 2026

SAUS.L (iShares MSCI Australia UCITS ETF) is Asia Pacific Equities fund tracking the MSCI Australia NR USD, while WPM (Wheaton Precious Metals Corp.) is a stock. Over the past 10 years, SAUS.L returned 9.11%/yr vs 21.36%/yr for WPM. At a 0.17 correlation, their price movements are largely independent.

Performance

SAUS.L vs. WPM - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Australia UCITS ETF (SAUS.L) and Wheaton Precious Metals Corp. (WPM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SAUS.L is traded in GBp, while WPM is traded in USD. To make them comparable, the WPM values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, SAUS.L achieves a 10.24% return, which is significantly higher than WPM's 0.20% return. Over the past 10 years, SAUS.L has underperformed WPM with an annualized return of 9.11%, while WPM has yielded a comparatively higher 21.36% annualized return.

SAUS.L

• 1D: -0.76%
• 1M: -2.38%
• YTD: 10.24%
• 6M: 11.26%
• 1Y: 14.59%
• 3Y*: 9.70%
• 5Y*: 6.61%
• 10Y*: 9.11%

WPM

• 1D: -8.93%
• 1M: -11.86%
• YTD: 0.20%
• 6M: 7.79%
• 1Y: 29.95%
• 3Y*: 34.16%
• 5Y*: 21.98%
• 10Y*: 21.36%

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

SAUS.L vs. WPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAUS.L iShares MSCI Australia UCITS ETF	10.24%	6.23%	3.26%	7.65%	5.74%	9.68%	5.72%	17.21%	-6.78%	8.05%
WPM Wheaton Precious Metals Corp.	0.20%	95.52%	17.25%	21.51%	3.46%	5.21%	37.65%	48.74%	-4.70%	6.35%

Correlation

The correlation between SAUS.L and WPM is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.17

The correlation between SAUS.L and WPM shifts across timeframes, from 0.17 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SAUS.L vs. WPM — Risk / Return Rank

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

SAUS.L

SAUS.L Risk / Return Rank: 34
SAUS.L Sharpe Ratio Rank: 33
SAUS.L Sortino Ratio Rank: 35
SAUS.L Omega Ratio Rank: 32
SAUS.L Calmar Ratio Rank: 37
SAUS.L Martin Ratio Rank: 32

WPM

WPM Risk / Return Rank: 59
WPM Sharpe Ratio Rank: 62
WPM Sortino Ratio Rank: 55
WPM Omega Ratio Rank: 56
WPM Calmar Ratio Rank: 60
WPM Martin Ratio Rank: 63

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.

SAUS.L vs. WPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Australia UCITS ETF (SAUS.L) 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.

	SAUS.L	WPM	Difference
Sharpe ratio: Return per unit of total volatility	1.18	0.69	+0.49
Sortino ratio: Return per unit of downside risk	1.80	1.09	+0.71
Omega ratio: Gain probability vs. loss probability	1.21	1.15	+0.06
Calmar ratio: Return relative to maximum drawdown	1.76	0.99	+0.78
Martin ratio: Return relative to average drawdown	4.76	2.69	+2.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAUS.L vs. WPM - Sharpe Ratio Comparison

The current SAUS.L Sharpe Ratio is 1.18, which is higher than the WPM Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of SAUS.L and WPM, 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

	SAUS.L	WPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	0.69	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.67	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.61	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.74	-0.35

Drawdowns

SAUS.L vs. WPM - Drawdown Comparison

The maximum SAUS.L drawdown since its inception was -38.14%, smaller than the maximum WPM drawdown of -48.76%. Use the drawdown chart below to compare losses from any high point for SAUS.L and WPM.

Drawdown Indicators

	SAUS.L	WPM	Difference
Max Drawdown Largest peak-to-trough decline	-38.14%	-48.76%	+10.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-30.52%	+22.03%
Max Drawdown (3Y) Largest decline over 3 years	-21.11%	-30.52%	+9.41%
Max Drawdown (5Y) Largest decline over 5 years	-21.11%	-34.30%	+13.19%
Max Drawdown (10Y) Largest decline over 10 years	-38.14%	-48.76%	+10.62%
Current Drawdown Current decline from peak	-3.58%	-29.30%	+25.72%
Average Drawdown Average peak-to-trough decline	-7.77%	-18.89%	+11.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	11.18%	-8.02%

Volatility

SAUS.L vs. WPM - Volatility Comparison

The current volatility for iShares MSCI Australia UCITS ETF (SAUS.L) is 4.46%, while Wheaton Precious Metals Corp. (WPM) has a volatility of 15.65%. This indicates that SAUS.L 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.

Volatility by Period

	SAUS.L	WPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	15.65%	-11.19%
Volatility (6M) Calculated over the trailing 6-month period	10.14%	37.11%	-26.97%
Volatility (1Y) Calculated over the trailing 1-year period	12.72%	43.76%	-31.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.80%	32.69%	-16.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.11%	35.36%	-16.25%

Dividends

SAUS.L vs. WPM - Dividend Comparison

SAUS.L has not paid dividends to shareholders, while WPM's dividend yield for the trailing twelve months is around 0.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SAUS.L iShares MSCI Australia UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WPM Wheaton Precious Metals Corp.	0.62%	0.56%	1.10%	1.22%	1.54%	1.33%	1.01%	1.21%	1.84%	1.49%	1.09%

Frequently Asked Questions

Can I hold both SAUS.L and WPM in my portfolio?

SAUS.L and WPM have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.