WDO.TO vs. BYRN
WDO.TO (Wesdome Gold Mines Ltd.) and BYRN (Byrna Technologies Inc.) are both stocks. WDO.TO operates in Gold (Basic Materials), while BYRN operates in Aerospace & Defense (Industrials). Over the past 10 years, WDO.TO returned 29.18%/yr vs 5.68%/yr for BYRN. At a 0.02 correlation, their price movements are largely independent.
Performance
WDO.TO vs. BYRN - Performance Comparison
Loading charts...
Different Trading Currencies
WDO.TO is traded in CAD, while BYRN is traded in USD. To make them comparable, the BYRN values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDO.TO achieves a 15.52% return, which is significantly higher than BYRN's -76.19% return. Over the past 10 years, WDO.TO has outperformed BYRN with an annualized return of 29.18%, while BYRN has yielded a comparatively lower 5.68% annualized return.
WDO.TO
- 1D
- -2.45%
- 1M
- 6.83%
- 6M
- 6.83%
- YTD
- 15.52%
- 1Y
- 44.42%
- 3Y*
- 57.61%
- 5Y*
- 16.54%
- 10Y*
- 29.18%
BYRN
- 1D
- -1.94%
- 1M
- -39.15%
- 6M
- -77.31%
- YTD
- -76.19%
- 1Y
- -82.55%
- 3Y*
- 0.52%
- 5Y*
- -27.19%
- 10Y*
- 5.68%
WDO.TO vs. BYRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDO.TO Wesdome Gold Mines Ltd. | 15.52% | 76.14% | 67.44% | 3.07% | -35.01% | 8.38% | 4.42% | 129.57% | 109.95% | 0.96% |
BYRN Byrna Technologies Inc. | -76.19% | -44.38% | 389.04% | -20.43% | -37.55% | -7.98% | 645.05% | 21.45% | 16.15% | -34.74% |
Correlation
The correlation between WDO.TO and BYRN is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2011 | 0.02 |
Fundamentals
WDO.TO:
CA$3.90B
BYRN:
$87.68M
WDO.TO:
CA$2.68
BYRN:
-$0.16
WDO.TO:
3.87
BYRN:
0.84
WDO.TO:
3.90
BYRN:
1.54
WDO.TO:
CA$1.03B
BYRN:
$108.86M
WDO.TO:
CA$636.67M
BYRN:
$57.17M
WDO.TO:
CA$694.56M
BYRN:
-$3.55M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WDO.TO vs. BYRN — Risk / Return Rank
WDO.TO
BYRN
WDO.TO vs. BYRN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wesdome Gold Mines Ltd. (WDO.TO) and Byrna Technologies Inc. (BYRN). 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.
| WDO.TO | BYRN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.65 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.70 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | -0.98 | +2.80 |
| Martin ratioReturn relative to average drawdown | 4.16 | -1.64 | +5.79 |
Loading charts...
Drawdowns
WDO.TO vs. BYRN - Drawdown Comparison
The maximum WDO.TO drawdown since its inception was -89.14%, roughly equal to the maximum BYRN drawdown of -91.97%. Use the drawdown chart below to compare losses from any high point for WDO.TO and BYRN.
Loading charts...
Drawdown Indicators
| WDO.TO | BYRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.14% | -91.97% | +2.83% |
Max Drawdown (1Y)Largest decline over 1 year | -25.42% | -85.80% | +60.38% |
Max Drawdown (3Y)Largest decline over 3 years | -25.42% | -88.83% | +63.41% |
Max Drawdown (5Y)Largest decline over 5 years | -62.68% | -91.97% | +29.29% |
Max Drawdown (10Y)Largest decline over 10 years | -62.68% | -91.97% | +29.29% |
Current DrawdownCurrent decline from peak | -15.15% | -88.83% | +73.68% |
Average DrawdownAverage peak-to-trough decline | -35.24% | -48.32% | +13.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.10% | 51.84% | -40.74% |
Volatility
WDO.TO vs. BYRN - Volatility Comparison
The current volatility for Wesdome Gold Mines Ltd. (WDO.TO) is 19.24%, while Byrna Technologies Inc. (BYRN) has a volatility of 46.74%. This indicates that WDO.TO experiences smaller price fluctuations and is considered to be less risky than BYRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WDO.TO | BYRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.24% | 46.74% | -27.50% |
Volatility (6M)Calculated over the trailing 6-month period | 44.00% | 74.92% | -30.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.51% | 82.96% | -28.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.49% | 75.59% | -27.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.24% | 96.37% | -43.13% |
Dividends
WDO.TO vs. BYRN - Dividend Comparison
Neither WDO.TO nor BYRN has paid dividends to shareholders.
Financials
WDO.TO vs. BYRN - Financials Comparison
This section allows you to compare key financial metrics between Wesdome Gold Mines Ltd. and Byrna Technologies 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
WDO.TO vs. BYRN - Profitability Comparison
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
BYRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported a gross profit of 1.78M and revenue of 16.39M. Therefore, the gross margin over that period was 10.9%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
BYRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported an operating income of -12.85M and revenue of 16.39M, resulting in an operating margin of -78.4%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
BYRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported a net income of -10.09M and revenue of 16.39M, resulting in a net margin of -61.6%.
Frequently Asked Questions
WDO.TO and BYRN have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for WDO.TO and BYRN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer