WDO.TO vs. ^TNX
Compare and contrast key facts about Wesdome Gold Mines Ltd. (WDO.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WDO.TO or ^TNX.
Correlation
The correlation between WDO.TO and ^TNX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
WDO.TO vs. ^TNX - Performance Comparison
Key characteristics
WDO.TO:
1.33
^TNX:
0.16
WDO.TO:
1.99
^TNX:
0.39
WDO.TO:
1.24
^TNX:
1.04
WDO.TO:
1.17
^TNX:
0.06
WDO.TO:
6.55
^TNX:
0.32
WDO.TO:
8.11%
^TNX:
10.45%
WDO.TO:
40.11%
^TNX:
21.12%
WDO.TO:
-94.92%
^TNX:
-93.78%
WDO.TO:
-14.73%
^TNX:
-44.91%
Returns By Period
In the year-to-date period, WDO.TO achieves a 7.59% return, which is significantly higher than ^TNX's -3.35% return. Over the past 10 years, WDO.TO has outperformed ^TNX with an annualized return of 27.51%, while ^TNX has yielded a comparatively lower 8.35% annualized return.
WDO.TO
7.59%
3.58%
3.89%
55.20%
5.30%
27.51%
^TNX
-3.35%
-3.89%
16.10%
2.15%
24.68%
8.35%
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Risk-Adjusted Performance
WDO.TO vs. ^TNX — Risk-Adjusted Performance Rank
WDO.TO
^TNX
WDO.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wesdome Gold Mines Ltd. (WDO.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
WDO.TO vs. ^TNX - Drawdown Comparison
The maximum WDO.TO drawdown since its inception was -94.92%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for WDO.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
WDO.TO vs. ^TNX - Volatility Comparison
Wesdome Gold Mines Ltd. (WDO.TO) has a higher volatility of 10.78% compared to Treasury Yield 10 Years (^TNX) at 5.89%. This indicates that WDO.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.