WEYS vs. TIGO

Last updated Jun 3, 2026

WEYS (Weyco Group, Inc.) and TIGO (Millicom International Cellular S.A.) are both stocks. WEYS operates in Footwear & Accessories (Consumer Cyclical), while TIGO operates in Telecom Services (Communication Services). Over the past 10 years, WEYS returned 7.51%/yr vs 7.76%/yr for TIGO. At a 0.16 correlation, their price movements are largely independent.

Performance

WEYS vs. TIGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weyco Group, Inc. (WEYS) and Millicom International Cellular S.A. (TIGO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEYS achieves a 18.54% return, which is significantly lower than TIGO's 66.81% return. Both investments have delivered pretty close results over the past 10 years, with WEYS having a 7.51% annualized return and TIGO not far ahead at 7.76%.

WEYS

• 1D: -0.11%
• 1M: 8.86%
• YTD: 18.54%
• 6M: 20.23%
• 1Y: 23.72%
• 3Y*: 17.09%
• 5Y*: 17.66%
• 10Y*: 7.51%

TIGO

• 1D: 3.57%
• 1M: 5.41%
• YTD: 66.81%
• 6M: 75.85%
• 1Y: 163.45%
• 3Y*: 82.43%
• 5Y*: 19.08%
• 10Y*: 7.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WEYS vs. TIGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WEYS Weyco Group, Inc.	18.54%	-10.53%	30.36%	53.99%	-8.27%	57.52%	-36.88%	-5.99%	0.80%	-1.96%
TIGO Millicom International Cellular S.A.	66.81%	152.35%	38.94%	42.52%	-55.61%	-26.64%	-19.59%	-20.28%	-1.32%	66.94%

Correlation

The correlation between WEYS and TIGO is 0.00, 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	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011	0.16

The correlation between WEYS and TIGO shifts across timeframes, from 0.00 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap WEYS : $339.28M TIGO : $14.89B
EPS WEYS : $2.48 TIGO : $7.34
PE Ratio WEYS : 14.39 TIGO : 12.11
PEG Ratio WEYS : 2.31 TIGO : 0.04
PS Ratio WEYS : 1.23 TIGO : 2.32
PB Ratio WEYS : 1.39 TIGO : 4.75
Total Revenue (TTM) WEYS : $276.14M TIGO : $6.43B
Gross Profit (TTM) WEYS : $88.85M TIGO : $4.49B
EBITDA (TTM) WEYS : $32.84M TIGO : $3.52B

Return for Risk

WEYS vs. TIGO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WEYS

WEYS Risk / Return Rank: 61
WEYS Sharpe Ratio Rank: 61
WEYS Sortino Ratio Rank: 57
WEYS Omega Ratio Rank: 54
WEYS Calmar Ratio Rank: 67
WEYS Martin Ratio Rank: 66

TIGO

TIGO Risk / Return Rank: 97
TIGO Sharpe Ratio Rank: 98
TIGO Sortino Ratio Rank: 96
TIGO Omega Ratio Rank: 96
TIGO Calmar Ratio Rank: 99
TIGO Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WEYS vs. TIGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weyco Group, Inc. (WEYS) and Millicom International Cellular S.A. (TIGO). 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.

	WEYS	TIGO	Difference
Sharpe ratio Return per unit of total volatility	0.63	4.62	-3.99
Sortino ratio Return per unit of downside risk	1.17	4.52	-3.36
Omega ratio Gain probability vs. loss probability	1.14	1.62	-0.48
Calmar ratio Return relative to maximum drawdown	1.46	14.68	-13.22
Martin ratio Return relative to average drawdown	3.04	41.52	-38.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WEYS vs. TIGO - Sharpe Ratio Comparison

The current WEYS Sharpe Ratio is 0.63, which is lower than the TIGO Sharpe Ratio of 4.62. The chart below compares the historical Sharpe Ratios of WEYS and TIGO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WEYS	TIGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	4.62	-3.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.48	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.20	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.04	+0.21

Drawdowns

WEYS vs. TIGO - Drawdown Comparison

The maximum WEYS drawdown since its inception was -57.92%, smaller than the maximum TIGO drawdown of -88.26%. Use the drawdown chart below to compare losses from any high point for WEYS and TIGO.

Drawdown Indicators

	WEYS	TIGO	Difference
Max Drawdown Largest peak-to-trough decline	-57.92%	-88.26%	+30.34%
Max Drawdown (1Y) Largest decline over 1 year	-16.99%	-11.05%	-5.94%
Max Drawdown (3Y) Largest decline over 3 years	-29.01%	-17.69%	-11.32%
Max Drawdown (5Y) Largest decline over 5 years	-35.46%	-75.92%	+40.46%
Max Drawdown (10Y) Largest decline over 10 years	-57.92%	-84.51%	+26.59%
Current Drawdown Current decline from peak	-1.03%	0.00%	-1.03%
Average Drawdown Average peak-to-trough decline	-17.54%	-45.77%	+28.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.19%	3.91%	+4.28%

Volatility

WEYS vs. TIGO - Volatility Comparison

Weyco Group, Inc. (WEYS) and Millicom International Cellular S.A. (TIGO) have volatilities of 10.68% and 10.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEYS	TIGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.68%	10.89%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	24.80%	27.04%	-2.24%
Volatility (1Y) Calculated over the trailing 1-year period	37.80%	35.59%	+2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.20%	39.62%	-3.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.40%	38.33%	+1.07%

Dividends

WEYS vs. TIGO - Dividend Comparison

WEYS's dividend yield for the trailing twelve months is around 8.66%, more than TIGO's 6.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TIGO Millicom International Cellular S.A.	6.19%	8.12%	0.00%	0.00%	0.00%	0.00%	0.00%	5.47%	4.15%	3.92%	6.23%	0.00%
WEYS Weyco Group, Inc.	8.66%	10.04%	8.07%	3.16%	4.54%	4.01%	6.06%	3.59%	3.12%	2.93%	2.65%	2.95%

Financials

WEYS vs. TIGO - Profitability Comparison

The chart below illustrates the profitability comparison between Weyco Group, Inc. and Millicom International Cellular S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WEYS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Weyco Group, Inc. reported a gross profit of 0.00 and revenue of 68.01M. Therefore, the gross margin over that period was 0.0%.

TIGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Millicom International Cellular S.A. reported a gross profit of 1.04B and revenue of 1.98B. Therefore, the gross margin over that period was 52.3%.

WEYS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Weyco Group, Inc. reported an operating income of 7.50M and revenue of 68.01M, resulting in an operating margin of 11.0%.

TIGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Millicom International Cellular S.A. reported an operating income of 389.00M and revenue of 1.98B, resulting in an operating margin of 19.6%.

WEYS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Weyco Group, Inc. reported a net income of 6.12M and revenue of 68.01M, resulting in a net margin of 9.0%.

TIGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Millicom International Cellular S.A. reported a net income of 109.00M and revenue of 1.98B, resulting in a net margin of 5.5%.

Frequently Asked Questions

Can I hold both WEYS and TIGO in my portfolio?

WEYS and TIGO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEYS or TIGO?

TIGO has higher volatility (10.89%) compared to WEYS (10.68%). In terms of maximum drawdown, WEYS dropped -57.92% vs TIGO's -88.26%.

Which has better risk-adjusted returns?

TIGO currently has the higher Sharpe Ratio (4.62 vs 0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.