WDAY vs. PHSP.L
WDAY (Workday, Inc.) is a stock, while PHSP.L (WisdomTree Physical Silver) is Silver fund tracking the LBMA Silver Price. Over the past 10 years, WDAY returned 4.93%/yr vs 13.98%/yr for PHSP.L. At a 0.06 correlation, their price movements are largely independent.
Performance
WDAY vs. PHSP.L - Performance Comparison
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Different Trading Currencies
WDAY is traded in USD, while PHSP.L is traded in GBp. To make them comparable, the PHSP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDAY achieves a -39.10% return, which is significantly lower than PHSP.L's -5.94% return. Over the past 10 years, WDAY has underperformed PHSP.L with an annualized return of 4.93%, while PHSP.L has yielded a comparatively higher 13.98% annualized return.
WDAY
- 1D
- 0.21%
- 1M
- 12.27%
- YTD
- -39.10%
- 6M
- -41.73%
- 1Y
- -47.82%
- 3Y*
- -15.14%
- 5Y*
- -10.68%
- 10Y*
- 4.93%
PHSP.L
- 1D
- 4.98%
- 1M
- -23.79%
- YTD
- -5.94%
- 6M
- 9.23%
- 1Y
- 84.71%
- 3Y*
- 40.82%
- 5Y*
- 18.64%
- 10Y*
- 13.98%
WDAY vs. PHSP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDAY Workday, Inc. | -39.10% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | 2.99% | 56.95% | 53.94% |
PHSP.L WisdomTree Physical Silver | -5.94% | 147.01% | 20.80% | -1.58% | 3.15% | -12.90% | 45.17% | 17.09% | -9.01% | 3.31% |
Correlation
The correlation between WDAY and PHSP.L is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2012 | 0.06 |
The correlation between WDAY and PHSP.L shifts across timeframes, from -0.11 (1 year) to 0.08 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
WDAY vs. PHSP.L — Risk / Return Rank
WDAY
PHSP.L
WDAY vs. PHSP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Workday, Inc. (WDAY) and WisdomTree Physical Silver (PHSP.L). 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.
| WDAY | PHSP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.60 | ||
| Sortino ratioReturn per unit of downside risk | -3.65 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.29 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 1.92 | -2.80 |
| Martin ratioReturn relative to average drawdown | -1.64 | 4.25 | -5.89 |
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Drawdowns
WDAY vs. PHSP.L - Drawdown Comparison
The maximum WDAY drawdown since its inception was -63.38%, smaller than the maximum PHSP.L drawdown of -77.00%. Use the drawdown chart below to compare losses from any high point for WDAY and PHSP.L.
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Drawdown Indicators
| WDAY | PHSP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.38% | -77.00% | +13.62% |
Max Drawdown (1Y)Largest decline over 1 year | -54.58% | -43.79% | -10.79% |
Max Drawdown (3Y)Largest decline over 3 years | -63.38% | -43.79% | -19.59% |
Max Drawdown (5Y)Largest decline over 5 years | -63.38% | -43.79% | -19.59% |
Max Drawdown (10Y)Largest decline over 10 years | -63.38% | -43.79% | -19.59% |
Current DrawdownCurrent decline from peak | -57.42% | -40.99% | -16.43% |
Average DrawdownAverage peak-to-trough decline | -20.96% | -52.73% | +31.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.79% | 19.87% | +9.92% |
Volatility
WDAY vs. PHSP.L - Volatility Comparison
Workday, Inc. (WDAY) has a higher volatility of 19.79% compared to WisdomTree Physical Silver (PHSP.L) at 15.36%. This indicates that WDAY's price experiences larger fluctuations and is considered to be riskier than PHSP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDAY | PHSP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.79% | 15.36% | +4.43% |
Volatility (6M)Calculated over the trailing 6-month period | 37.67% | 53.31% | -15.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.77% | 56.19% | -12.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.00% | 38.04% | +0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.93% | 32.28% | +6.65% |
Dividends
WDAY vs. PHSP.L - Dividend Comparison
Neither WDAY nor PHSP.L has paid dividends to shareholders.
Frequently Asked Questions
WDAY and PHSP.L have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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