SII.TO vs. WPM.TO
SII.TO (Sprott Inc) and WPM.TO (Wheaton Precious Metals Corp.) are both stocks. SII.TO operates in Asset Management (Financial Services), while WPM.TO operates in Gold (Basic Materials). Over the past 10 years, SII.TO returned 22.17%/yr vs 20.97%/yr for WPM.TO. At a 0.34 correlation, their price movements are largely independent.
Performance
SII.TO vs. WPM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SII.TO achieves a 26.56% return, which is significantly higher than WPM.TO's -0.44% return. Over the past 10 years, SII.TO has outperformed WPM.TO with an annualized return of 22.17%, while WPM.TO has yielded a comparatively lower 20.97% annualized return.
SII.TO
- 1D
- -1.07%
- 1M
- -12.04%
- YTD
- 26.56%
- 6M
- 32.58%
- 1Y
- 102.46%
- 3Y*
- 59.40%
- 5Y*
- 29.10%
- 10Y*
- 22.17%
WPM.TO
- 1D
- -1.07%
- 1M
- -15.56%
- YTD
- -0.44%
- 6M
- 10.42%
- 1Y
- 32.64%
- 3Y*
- 40.12%
- 5Y*
- 24.15%
- 10Y*
- 20.97%
SII.TO vs. WPM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SII.TO Sprott Inc | 26.56% | 126.73% | 38.44% | 2.73% | -18.97% | 57.52% | 25.86% | 16.40% | 5.75% | -2.27% |
WPM.TO Wheaton Precious Metals Corp. | -0.44% | 100.91% | 25.13% | 25.20% | -1.07% | 3.20% | 39.06% | 47.18% | -2.24% | 8.88% |
Correlation
The correlation between SII.TO and WPM.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 | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2008 | 0.34 |
Over the past year, SII.TO and WPM.TO have become more correlated (0.59) than their long-term average of 0.34, meaning their price movements have been converging.
Fundamentals
SII.TO:
CA$4.37B
WPM.TO:
CA$72.86B
SII.TO:
CA$4.14
WPM.TO:
CA$3.96
SII.TO:
40.88
WPM.TO:
40.49
SII.TO:
0.84
WPM.TO:
1.09
SII.TO:
9.16
WPM.TO:
26.54
SII.TO:
8.23
WPM.TO:
7.88
SII.TO:
CA$476.63M
WPM.TO:
CA$2.74B
SII.TO:
CA$369.54M
WPM.TO:
CA$2.12B
SII.TO:
CA$151.96M
WPM.TO:
CA$2.37B
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Return for Risk
SII.TO vs. WPM.TO — Risk / Return Rank
SII.TO
WPM.TO
SII.TO vs. WPM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Inc (SII.TO) 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.
| SII.TO | WPM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.16 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 4.14 | 1.07 | +3.07 |
| Martin ratioReturn relative to average drawdown | 9.95 | 2.91 | +7.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SII.TO | WPM.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 0.74 | +1.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.73 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.60 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.35 | -0.22 |
Drawdowns
SII.TO vs. WPM.TO - Drawdown Comparison
The maximum SII.TO drawdown since its inception was -81.85%, roughly equal to the maximum WPM.TO drawdown of -83.21%. Use the drawdown chart below to compare losses from any high point for SII.TO and WPM.TO.
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Drawdown Indicators
| SII.TO | WPM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.85% | -83.21% | +1.36% |
Max Drawdown (1Y)Largest decline over 1 year | -24.88% | -30.69% | +5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -24.88% | -30.69% | +5.81% |
Max Drawdown (5Y)Largest decline over 5 years | -43.38% | -39.04% | -4.34% |
Max Drawdown (10Y)Largest decline over 10 years | -48.06% | -47.50% | -0.56% |
Current DrawdownCurrent decline from peak | -24.88% | -29.12% | +4.24% |
Average DrawdownAverage peak-to-trough decline | -50.55% | -25.70% | -24.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.33% | 11.25% | -0.92% |
Volatility
SII.TO vs. WPM.TO - Volatility Comparison
The current volatility for Sprott Inc (SII.TO) is 11.66%, while Wheaton Precious Metals Corp. (WPM.TO) has a volatility of 17.73%. This indicates that SII.TO 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.
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Volatility by Period
| SII.TO | WPM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.66% | 17.73% | -6.07% |
Volatility (6M)Calculated over the trailing 6-month period | 38.65% | 37.89% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.30% | 44.43% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.75% | 33.33% | +2.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.12% | 35.20% | +1.92% |
Dividends
SII.TO vs. WPM.TO - Dividend Comparison
SII.TO's dividend yield for the trailing twelve months is around 1.23%, more than WPM.TO's 0.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SII.TO Sprott Inc | 1.23% | 1.36% | 2.38% | 3.04% | 2.89% | 1.75% | 1.67% | 0.40% | 0.47% | 0.49% | 0.48% | 0.50% |
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
SII.TO vs. WPM.TO - Financials Comparison
This section allows you to compare key financial metrics between Sprott Inc 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
SII.TO vs. WPM.TO - Profitability Comparison
SII.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sprott Inc reported a gross profit of 182.55M and revenue of 199.39M. Therefore, the gross margin over that period was 91.6%.
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%.
SII.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sprott Inc reported an operating income of 57.39M and revenue of 199.39M, resulting in an operating margin of 28.8%.
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%.
SII.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sprott Inc reported a net income of 40.08M and revenue of 199.39M, resulting in a net margin of 20.1%.
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
SII.TO and WPM.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.
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