WCN vs. WM
Compare and contrast key facts about Waste Connections, Inc. (WCN) and Waste Management, Inc. (WM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCN or WM.
Correlation
The correlation between WCN and WM is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WCN vs. WM - Performance Comparison
Key characteristics
WCN:
1.53
WM:
1.01
WCN:
2.27
WM:
1.42
WCN:
1.28
WM:
1.22
WCN:
1.85
WM:
1.54
WCN:
5.70
WM:
3.60
WCN:
3.91%
WM:
5.09%
WCN:
14.59%
WM:
18.11%
WCN:
-31.59%
WM:
-77.85%
WCN:
-7.77%
WM:
-7.02%
Fundamentals
WCN:
$45.99B
WM:
$84.97B
WCN:
$3.64
WM:
$6.56
WCN:
48.97
WM:
32.27
WCN:
1.45
WM:
2.26
WCN:
$6.65B
WM:
$16.17B
WCN:
$2.24B
WM:
$5.28B
WCN:
$2.12B
WM:
$4.86B
Returns By Period
In the year-to-date period, WCN achieves a 3.88% return, which is significantly lower than WM's 4.92% return. Both investments have delivered pretty close results over the past 10 years, with WCN having a 16.94% annualized return and WM not far ahead at 17.24%.
WCN
3.88%
2.27%
-1.51%
17.90%
13.71%
16.94%
WM
4.92%
2.86%
-4.59%
16.43%
13.89%
17.24%
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Risk-Adjusted Performance
WCN vs. WM — Risk-Adjusted Performance Rank
WCN
WM
WCN vs. WM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Connections, Inc. (WCN) and Waste Management, Inc. (WM). 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.
Dividends
WCN vs. WM - Dividend Comparison
WCN's dividend yield for the trailing twelve months is around 0.66%, less than WM's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WCN Waste Connections, Inc. | 0.66% | 0.68% | 0.70% | 0.71% | 0.62% | 0.92% | 0.73% | 0.78% | 0.87% | 1.64% | 3.25% | 2.61% |
WM Waste Management, Inc. | 1.42% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% | 2.92% |
Drawdowns
WCN vs. WM - Drawdown Comparison
The maximum WCN drawdown since its inception was -31.59%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for WCN and WM. For additional features, visit the drawdowns tool.
Volatility
WCN vs. WM - Volatility Comparison
Waste Connections, Inc. (WCN) has a higher volatility of 4.13% compared to Waste Management, Inc. (WM) at 3.76%. This indicates that WCN's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WCN vs. WM - Financials Comparison
This section allows you to compare key financial metrics between Waste Connections, Inc. and Waste Management, 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.
Total Revenue: Total amount of money received from sales and other business activities