WDO.TO vs. WPM
WDO.TO (Wesdome Gold Mines Ltd.) and WPM (Wheaton Precious Metals Corp.) 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 21.62%/yr for WPM. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
WDO.TO vs. WPM - Performance Comparison
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Different Trading Currencies
WDO.TO is traded in CAD, while WPM is traded in USD. To make them comparable, the WPM 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 WPM's 1.11% return. Over the past 10 years, WDO.TO has outperformed WPM with an annualized return of 30.81%, while WPM has yielded a comparatively lower 21.62% 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%
WPM
- 1D
- 3.24%
- 1M
- -14.87%
- YTD
- 1.11%
- 6M
- 0.50%
- 1Y
- 30.95%
- 3Y*
- 40.60%
- 5Y*
- 24.25%
- 10Y*
- 21.62%
WDO.TO vs. WPM - 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% |
WPM Wheaton Precious Metals Corp. | 1.11% | 100.91% | 25.00% | 24.86% | -1.67% | 4.17% | 38.45% | 48.25% | -2.47% | 8.53% |
Correlation
The correlation between WDO.TO and WPM is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.54 |
The correlation between WDO.TO and WPM has been stable across timeframes, ranging from 0.54 to 0.62 - a consistent structural relationship.
Fundamentals
WDO.TO:
CA$3.84B
WPM:
$52.82B
WDO.TO:
CA$2.68
WPM:
$3.96
WDO.TO:
9.47
WPM:
29.33
WDO.TO:
0.11
WPM:
0.78
WDO.TO:
3.74
WPM:
19.23
WDO.TO:
3.77
WPM:
5.70
WDO.TO:
CA$1.03B
WPM:
$2.75B
WDO.TO:
CA$636.67M
WPM:
$2.12B
WDO.TO:
CA$694.56M
WPM:
$2.38B
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Return for Risk
WDO.TO vs. WPM — Risk / Return Rank
WDO.TO
WPM
WDO.TO vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wesdome Gold Mines Ltd. (WDO.TO) and Wheaton Precious Metals Corp. (WPM). 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 | WPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.15 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 0.96 | +0.16 |
| Martin ratioReturn relative to average drawdown | 2.51 | 2.70 | -0.19 |
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Drawdowns
WDO.TO vs. WPM - Drawdown Comparison
The maximum WDO.TO drawdown since its inception was -89.14%, which is greater than WPM's maximum drawdown of -47.50%. Use the drawdown chart below to compare losses from any high point for WDO.TO and WPM.
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Drawdown Indicators
| WDO.TO | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.14% | -47.50% | -41.64% |
Max Drawdown (1Y)Largest decline over 1 year | -25.42% | -33.56% | +8.14% |
Max Drawdown (3Y)Largest decline over 3 years | -25.42% | -33.56% | +8.14% |
Max Drawdown (5Y)Largest decline over 5 years | -62.68% | -39.49% | -23.19% |
Max Drawdown (10Y)Largest decline over 10 years | -62.68% | -47.50% | -15.18% |
Current DrawdownCurrent decline from peak | -18.02% | -28.16% | +10.14% |
Average DrawdownAverage peak-to-trough decline | -35.24% | -19.28% | -15.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.33% | 11.95% | -0.62% |
Volatility
WDO.TO vs. WPM - Volatility Comparison
Wesdome Gold Mines Ltd. (WDO.TO) has a higher volatility of 21.04% compared to Wheaton Precious Metals Corp. (WPM) at 16.88%. This indicates that WDO.TO's price experiences larger fluctuations and is considered to be riskier than WPM 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 | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.04% | 16.88% | +4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 41.78% | 39.11% | +2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.05% | 45.82% | +6.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.93% | 35.85% | +12.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.26% | 37.34% | +15.92% |
Dividends
WDO.TO vs. WPM - Dividend Comparison
WDO.TO has not paid dividends to shareholders, while WPM's dividend yield for the trailing twelve months is around 0.62%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WPM Wheaton Precious Metals Corp. | 0.62% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% |
Financials
WDO.TO vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between Wesdome Gold Mines Ltd. and Wheaton Precious Metals Corp.. 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. WPM - 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%.
WPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wheaton Precious Metals Corp. reported a gross profit of 689.26M and revenue of 888.98M. Therefore, the gross margin over that period was 77.5%.
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%.
WPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wheaton Precious Metals Corp. reported an operating income of 666.92M and revenue of 888.98M, resulting in an operating margin of 75.0%.
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%.
WPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wheaton Precious Metals Corp. reported a net income of 573.98M and revenue of 888.98M, resulting in a net margin of 64.6%.
Frequently Asked Questions
WDO.TO and WPM have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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