WDO.TO vs. INOD
WDO.TO (Wesdome Gold Mines Ltd.) and INOD (Innodata Inc.) are both stocks. WDO.TO operates in Gold (Basic Materials), while INOD operates in Information Technology Services (Technology). Over the past 10 years, WDO.TO returned 31.29%/yr vs 47.50%/yr for INOD. At a 0.05 correlation, their price movements are largely independent.
Performance
WDO.TO vs. INOD - Performance Comparison
Loading charts...
Different Trading Currencies
WDO.TO is traded in CAD, while INOD is traded in USD. To make them comparable, the INOD 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 11.04% return, which is significantly lower than INOD's 105.43% return. Over the past 10 years, WDO.TO has underperformed INOD with an annualized return of 31.29%, while INOD has yielded a comparatively higher 47.50% annualized return.
WDO.TO
- 1D
- 2.85%
- 1M
- -10.11%
- YTD
- 11.04%
- 6M
- 17.06%
- 1Y
- 28.56%
- 3Y*
- 51.37%
- 5Y*
- 15.51%
- 10Y*
- 31.29%
INOD
- 1D
- 1.08%
- 1M
- 23.60%
- YTD
- 105.43%
- 6M
- 79.96%
- 1Y
- 104.72%
- 3Y*
- 117.12%
- 5Y*
- 75.49%
- 10Y*
- 47.50%
WDO.TO vs. INOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDO.TO Wesdome Gold Mines Ltd. | 11.04% | 76.14% | 67.44% | 3.07% | -35.01% | 8.38% | 4.42% | 129.57% | 109.95% | 0.96% |
INOD Innodata Inc. | 105.43% | 23.04% | 426.61% | 168.01% | -46.74% | 11.64% | 353.88% | -27.13% | 19.57% | -48.25% |
Correlation
The correlation between WDO.TO and INOD is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.05 |
Fundamentals
WDO.TO:
CA$3.83B
INOD:
$3.66B
WDO.TO:
CA$2.68
INOD:
$1.11
WDO.TO:
9.42
INOD:
92.61
WDO.TO:
0.11
INOD:
0.02
WDO.TO:
3.72
INOD:
12.84
WDO.TO:
3.75
INOD:
28.53
WDO.TO:
CA$1.03B
INOD:
$283.42M
WDO.TO:
CA$636.67M
INOD:
$76.88M
WDO.TO:
CA$694.56M
INOD:
$37.35M
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. INOD — Risk / Return Rank
WDO.TO
INOD
WDO.TO vs. INOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wesdome Gold Mines Ltd. (WDO.TO) and Innodata Inc. (INOD). 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.
| WDO.TO | INOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.28 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.67 | -0.38 |
| Martin ratioReturn relative to average drawdown | 2.60 | 2.98 | -0.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WDO.TO | INOD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.86 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.71 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.53 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.25 | -0.02 |
Drawdowns
WDO.TO vs. INOD - Drawdown Comparison
The maximum WDO.TO drawdown since its inception was -89.14%, roughly equal to the maximum INOD drawdown of -90.71%. Use the drawdown chart below to compare losses from any high point for WDO.TO and INOD.
Loading charts...
Drawdown Indicators
| WDO.TO | INOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.14% | -90.71% | +1.57% |
Max Drawdown (1Y)Largest decline over 1 year | -22.22% | -63.17% | +40.95% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -63.17% | +40.95% |
Max Drawdown (5Y)Largest decline over 5 years | -62.68% | -72.08% | +9.40% |
Max Drawdown (10Y)Largest decline over 10 years | -62.68% | -72.08% | +9.40% |
Current DrawdownCurrent decline from peak | -18.44% | -15.09% | -3.35% |
Average DrawdownAverage peak-to-trough decline | -35.23% | -59.99% | +24.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.02% | 35.32% | -24.30% |
Volatility
WDO.TO vs. INOD - Volatility Comparison
The current volatility for Wesdome Gold Mines Ltd. (WDO.TO) is 19.53%, while Innodata Inc. (INOD) has a volatility of 72.82%. This indicates that WDO.TO experiences smaller price fluctuations and is considered to be less risky than INOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WDO.TO | INOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.53% | 72.82% | -53.29% |
Volatility (6M)Calculated over the trailing 6-month period | 40.42% | 89.43% | -49.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.92% | 123.25% | -72.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.70% | 106.66% | -58.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.20% | 89.32% | -36.12% |
Dividends
WDO.TO vs. INOD - Dividend Comparison
Neither WDO.TO nor INOD has paid dividends to shareholders.
Financials
WDO.TO vs. INOD - Financials Comparison
This section allows you to compare key financial metrics between Wesdome Gold Mines Ltd. and Innodata 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. INOD - Profitability Comparison
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
INOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a gross profit of 0.00 and revenue of 90.10M. Therefore, the gross margin over that period was 0.0%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
INOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported an operating income of 0.00 and revenue of 90.10M, resulting in an operating margin of 0.0%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
INOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a net income of 14.90M and revenue of 90.10M, resulting in a net margin of 16.5%.
Frequently Asked Questions
WDO.TO and INOD have a correlation of 0.15, 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 INOD
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