TFPM vs. WDO.TO
TFPM (Triple Flag Precious Metals Corp) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. Both are in the Basic Materials sector — TFPM in Other Precious Metals & Mining, WDO.TO in Gold. Over the past 3 years, TFPM returned 28.25%/yr vs 49.20%/yr for WDO.TO. At a 0.47 correlation, their price movements are largely independent.
Performance
TFPM vs. WDO.TO - Performance Comparison
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Different Trading Currencies
TFPM 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, TFPM achieves a -11.94% return, which is significantly lower than WDO.TO's 9.28% return.
TFPM
- 1D
- 4.14%
- 1M
- -17.89%
- YTD
- -11.94%
- 6M
- -15.62%
- 1Y
- 19.91%
- 3Y*
- 28.25%
- 5Y*
- —
- 10Y*
- —
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%
TFPM vs. WDO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TFPM Triple Flag Precious Metals Corp | -11.94% | 123.03% | 14.60% | -1.81% | 14.71% | 32.61% |
WDO.TO Wesdome Gold Mines Ltd. | 9.28% | 84.57% | 54.37% | 5.59% | -38.89% | 13.81% |
Correlation
The correlation between TFPM and WDO.TO is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.47 |
Over the past year, TFPM and WDO.TO have become more correlated (0.67) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
TFPM:
$6.04B
WDO.TO:
CA$3.84B
TFPM:
$1.51
WDO.TO:
CA$2.68
TFPM:
19.28
WDO.TO:
9.47
TFPM:
0.15
WDO.TO:
0.11
TFPM:
13.23
WDO.TO:
3.74
TFPM:
2.80
WDO.TO:
3.77
TFPM:
$453.24M
WDO.TO:
CA$1.03B
TFPM:
$337.23M
WDO.TO:
CA$636.67M
TFPM:
$354.95M
WDO.TO:
CA$694.56M
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Return for Risk
TFPM vs. WDO.TO — Risk / Return Rank
TFPM
WDO.TO
TFPM vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Triple Flag Precious Metals Corp (TFPM) 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.
| TFPM | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.12 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 0.95 | -0.38 |
| Martin ratioReturn relative to average drawdown | 1.64 | 2.22 | -0.59 |
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Drawdowns
TFPM vs. WDO.TO - Drawdown Comparison
The maximum TFPM drawdown since its inception was -36.48%, smaller than the maximum WDO.TO drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for TFPM and WDO.TO.
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Drawdown Indicators
| TFPM | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.48% | -89.89% | +53.41% |
Max Drawdown (1Y)Largest decline over 1 year | -34.87% | -26.79% | -8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -34.87% | -26.79% | -8.08% |
Max Drawdown (5Y)Largest decline over 5 years | — | -64.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.89% | — |
Current DrawdownCurrent decline from peak | -29.27% | -19.72% | -9.55% |
Average DrawdownAverage peak-to-trough decline | -13.43% | -37.01% | +23.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.18% | 11.46% | +0.72% |
Volatility
TFPM vs. WDO.TO - Volatility Comparison
The current volatility for Triple Flag Precious Metals Corp (TFPM) is 15.92%, while Wesdome Gold Mines Ltd. (WDO.TO) has a volatility of 21.13%. This indicates that TFPM 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.
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Volatility by Period
| TFPM | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.92% | 21.13% | -5.21% |
Volatility (6M)Calculated over the trailing 6-month period | 34.29% | 41.61% | -7.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.51% | 52.06% | -8.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.45% | 48.28% | -10.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.45% | 53.57% | -16.12% |
Dividends
TFPM vs. WDO.TO - Dividend Comparison
TFPM's dividend yield for the trailing twelve months is around 0.79%, while WDO.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
TFPM Triple Flag Precious Metals Corp | 0.79% | 0.68% | 1.43% | 1.54% | 1.07% | 0.39% |
WDO.TO Wesdome Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TFPM vs. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between Triple Flag Precious Metals Corp 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
TFPM vs. WDO.TO - Profitability Comparison
TFPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a gross profit of 104.35M and revenue of 144.96M. Therefore, the gross margin over that period was 72.0%.
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%.
TFPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported an operating income of 97.00M and revenue of 144.96M, resulting in an operating margin of 66.9%.
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%.
TFPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a net income of 115.31M and revenue of 144.96M, resulting in a net margin of 79.6%.
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
TFPM and WDO.TO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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