WDO.TO vs. RGLD
WDO.TO (Wesdome Gold Mines Ltd.) and RGLD (Royal Gold, Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, WDO.TO returned 30.81%/yr vs 14.59%/yr for RGLD. At a 0.38 correlation, their price movements are largely independent.
Performance
WDO.TO vs. RGLD - Performance Comparison
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Different Trading Currencies
WDO.TO is traded in CAD, while RGLD is traded in USD. To make them comparable, the RGLD 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 11.61% return, which is significantly higher than RGLD's -4.35% return. Over the past 10 years, WDO.TO has outperformed RGLD with an annualized return of 30.81%, while RGLD has yielded a comparatively lower 14.59% annualized return.
WDO.TO
- 1D
- 3.21%
- 1M
- -6.48%
- YTD
- 11.61%
- 6M
- 12.50%
- 1Y
- 26.33%
- 3Y*
- 51.49%
- 5Y*
- 15.05%
- 10Y*
- 30.81%
RGLD
- 1D
- 1.65%
- 1M
- -7.44%
- YTD
- -4.35%
- 6M
- -3.38%
- 1Y
- 18.04%
- 3Y*
- 23.56%
- 5Y*
- 15.66%
- 10Y*
- 14.59%
WDO.TO vs. RGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDO.TO Wesdome Gold Mines Ltd. | 11.61% | 76.14% | 67.44% | 3.07% | -35.01% | 8.38% | 4.42% | 129.57% | 109.95% | 0.96% |
RGLD Royal Gold, Inc. | -4.35% | 62.65% | 19.73% | 6.11% | 15.38% | -0.01% | -14.21% | 38.32% | 14.41% | 22.43% |
Correlation
The correlation between WDO.TO and RGLD is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.38 |
Over the past year, WDO.TO and RGLD have become more correlated (0.58) than their long-term average of 0.38, meaning their price movements have been converging.
Fundamentals
WDO.TO:
CA$3.84B
RGLD:
$17.65B
WDO.TO:
CA$2.68
RGLD:
$8.53
WDO.TO:
9.47
RGLD:
24.34
WDO.TO:
0.11
RGLD:
1.66
WDO.TO:
3.74
RGLD:
11.81
WDO.TO:
3.77
RGLD:
2.38
WDO.TO:
CA$1.03B
RGLD:
$1.31B
WDO.TO:
CA$636.67M
RGLD:
$579.68M
WDO.TO:
CA$694.56M
RGLD:
$949.59M
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Return for Risk
WDO.TO vs. RGLD — Risk / Return Rank
WDO.TO
RGLD
WDO.TO vs. RGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wesdome Gold Mines Ltd. (WDO.TO) and Royal Gold, Inc. (RGLD). 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 | RGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 0.58 | +0.54 |
| Martin ratioReturn relative to average drawdown | 2.51 | 1.50 | +1.02 |
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Drawdowns
WDO.TO vs. RGLD - Drawdown Comparison
The maximum WDO.TO drawdown since its inception was -89.14%, which is greater than RGLD's maximum drawdown of -60.72%. Use the drawdown chart below to compare losses from any high point for WDO.TO and RGLD.
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Drawdown Indicators
| WDO.TO | RGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.14% | -60.72% | -28.42% |
Max Drawdown (1Y)Largest decline over 1 year | -25.42% | -33.76% | +8.34% |
Max Drawdown (3Y)Largest decline over 3 years | -25.42% | -33.76% | +8.34% |
Max Drawdown (5Y)Largest decline over 5 years | -62.68% | -35.82% | -26.86% |
Max Drawdown (10Y)Largest decline over 10 years | -62.68% | -46.14% | -16.54% |
Current DrawdownCurrent decline from peak | -18.02% | -30.14% | +12.12% |
Average DrawdownAverage peak-to-trough decline | -35.24% | -19.17% | -16.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.33% | 13.13% | -1.80% |
Volatility
WDO.TO vs. RGLD - Volatility Comparison
Wesdome Gold Mines Ltd. (WDO.TO) has a higher volatility of 21.04% compared to Royal Gold, Inc. (RGLD) at 12.48%. This indicates that WDO.TO's price experiences larger fluctuations and is considered to be riskier than RGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDO.TO | RGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.04% | 12.48% | +8.56% |
Volatility (6M)Calculated over the trailing 6-month period | 41.78% | 32.11% | +9.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.05% | 39.35% | +12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.93% | 32.00% | +15.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.26% | 34.16% | +19.10% |
Dividends
WDO.TO vs. RGLD - Dividend Comparison
WDO.TO has not paid dividends to shareholders, while RGLD's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGLD Royal Gold, Inc. | 0.89% | 0.81% | 1.21% | 1.24% | 1.24% | 1.14% | 1.05% | 0.87% | 1.17% | 1.17% | 1.45% | 1.81% |
WDO.TO Wesdome Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WDO.TO vs. RGLD - Financials Comparison
This section allows you to compare key financial metrics between Wesdome Gold Mines Ltd. and Royal Gold, 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. RGLD - 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%.
RGLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a gross profit of 0.00 and revenue of 469.13M. 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%.
RGLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported an operating income of 297.09M and revenue of 469.13M, resulting in an operating margin of 63.3%.
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%.
RGLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a net income of 281.13M and revenue of 469.13M, resulting in a net margin of 59.9%.
Frequently Asked Questions
WDO.TO and RGLD have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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