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WCN vs. NDAQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between WCN and NDAQ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

WCN vs. NDAQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Waste Connections, Inc. (WCN) and Nasdaq, Inc. (NDAQ). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
0.37%
29.77%
WCN
NDAQ

Key characteristics

Sharpe Ratio

WCN:

1.41

NDAQ:

2.31

Sortino Ratio

WCN:

2.10

NDAQ:

3.21

Omega Ratio

WCN:

1.26

NDAQ:

1.41

Calmar Ratio

WCN:

2.03

NDAQ:

2.22

Martin Ratio

WCN:

7.01

NDAQ:

13.10

Ulcer Index

WCN:

2.87%

NDAQ:

3.27%

Daily Std Dev

WCN:

14.31%

NDAQ:

18.58%

Max Drawdown

WCN:

-31.59%

NDAQ:

-68.48%

Current Drawdown

WCN:

-9.61%

NDAQ:

-6.16%

Fundamentals

Market Cap

WCN:

$45.48B

NDAQ:

$45.76B

EPS

WCN:

$3.65

NDAQ:

$1.66

PE Ratio

WCN:

48.29

NDAQ:

47.96

PEG Ratio

WCN:

2.09

NDAQ:

4.30

Total Revenue (TTM)

WCN:

$8.74B

NDAQ:

$7.02B

Gross Profit (TTM)

WCN:

$2.84B

NDAQ:

$4.02B

EBITDA (TTM)

WCN:

$2.61B

NDAQ:

$2.51B

Returns By Period

In the year-to-date period, WCN achieves a 17.81% return, which is significantly lower than NDAQ's 35.53% return. Over the past 10 years, WCN has underperformed NDAQ with an annualized return of 16.70%, while NDAQ has yielded a comparatively higher 18.84% annualized return.


WCN

YTD

17.81%

1M

-6.84%

6M

0.78%

1Y

20.12%

5Y*

14.85%

10Y*

16.70%

NDAQ

YTD

35.53%

1M

-2.68%

6M

29.77%

1Y

40.48%

5Y*

18.45%

10Y*

18.84%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

WCN vs. NDAQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Waste Connections, Inc. (WCN) and Nasdaq, Inc. (NDAQ). 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.


Sharpe ratio
The chart of Sharpe ratio for WCN, currently valued at 1.41, compared to the broader market-4.00-2.000.002.001.412.31
The chart of Sortino ratio for WCN, currently valued at 2.10, compared to the broader market-4.00-2.000.002.004.002.103.21
The chart of Omega ratio for WCN, currently valued at 1.26, compared to the broader market0.501.001.502.001.261.41
The chart of Calmar ratio for WCN, currently valued at 2.03, compared to the broader market0.002.004.006.002.032.22
The chart of Martin ratio for WCN, currently valued at 7.01, compared to the broader market-5.000.005.0010.0015.0020.0025.007.0113.10
WCN
NDAQ

The current WCN Sharpe Ratio is 1.41, which is lower than the NDAQ Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of WCN and NDAQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.41
2.31
WCN
NDAQ

Dividends

WCN vs. NDAQ - Dividend Comparison

WCN's dividend yield for the trailing twelve months is around 0.67%, less than NDAQ's 1.21% yield.


TTM20232022202120202019201820172016201520142013
WCN
Waste Connections, Inc.
0.67%0.70%0.71%0.62%0.74%0.73%0.78%0.70%1.64%3.25%2.61%3.06%
NDAQ
Nasdaq, Inc.
1.21%1.48%1.27%1.00%1.46%1.73%2.08%1.90%1.80%1.55%1.21%1.31%

Drawdowns

WCN vs. NDAQ - Drawdown Comparison

The maximum WCN drawdown since its inception was -31.59%, smaller than the maximum NDAQ drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for WCN and NDAQ. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.61%
-6.16%
WCN
NDAQ

Volatility

WCN vs. NDAQ - Volatility Comparison

The current volatility for Waste Connections, Inc. (WCN) is 4.27%, while Nasdaq, Inc. (NDAQ) has a volatility of 4.82%. This indicates that WCN experiences smaller price fluctuations and is considered to be less risky than NDAQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.27%
4.82%
WCN
NDAQ

Financials

WCN vs. NDAQ - Financials Comparison

This section allows you to compare key financial metrics between Waste Connections, Inc. and Nasdaq, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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