WISE.L vs. TPL
WISE.L (Wise plc) and TPL (Texas Pacific Land Corporation) are both stocks. WISE.L operates in Information Technology Services (Technology), while TPL operates in Oil & Gas E&P (Energy). Over the past 3 years, WISE.L returned 8.93%/yr vs 35.28%/yr for TPL. At a 0.04 correlation, their price movements are largely independent.
Performance
WISE.L vs. TPL - Performance Comparison
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Different Trading Currencies
WISE.L is traded in GBp, while TPL is traded in USD. To make them comparable, the TPL values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WISE.L achieves a -9.76% return, which is significantly lower than TPL's 32.95% return.
WISE.L
- 1D
- 2.29%
- 1M
- -20.40%
- YTD
- -9.76%
- 6M
- -6.84%
- 1Y
- -23.43%
- 3Y*
- 8.93%
- 5Y*
- —
- 10Y*
- —
TPL
- 1D
- 2.62%
- 1M
- -0.95%
- YTD
- 32.95%
- 6M
- 35.57%
- 1Y
- 5.88%
- 3Y*
- 35.28%
- 5Y*
- 20.04%
- 10Y*
- 37.28%
WISE.L vs. TPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WISE.L Wise plc | -9.76% | -16.42% | 21.97% | 55.29% | -25.61% | -5.43% |
TPL Texas Pacific Land Corporation | 32.95% | -27.20% | 119.08% | -35.78% | 114.04% | -17.46% |
Correlation
The correlation between WISE.L and TPL is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2021 | 0.04 |
Fundamentals
WISE.L:
£8.37B
TPL:
$26.15B
WISE.L:
£0.79
TPL:
$7.30
WISE.L:
10.23
TPL:
51.93
WISE.L:
0.09
TPL:
2.75
WISE.L:
2.41
TPL:
31.17
WISE.L:
5.84
TPL:
16.81
WISE.L:
£3.48B
TPL:
$839.03M
WISE.L:
£1.26B
TPL:
$625.27M
WISE.L:
£1.13B
TPL:
$690.06M
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Return for Risk
WISE.L vs. TPL — Risk / Return Rank
WISE.L
TPL
WISE.L vs. TPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wise plc (WISE.L) and Texas Pacific Land Corporation (TPL). 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.
| WISE.L | TPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.07 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 0.19 | -0.91 |
| Martin ratioReturn relative to average drawdown | -1.33 | 0.36 | -1.68 |
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Drawdowns
WISE.L vs. TPL - Drawdown Comparison
The maximum WISE.L drawdown since its inception was -74.14%, which is greater than TPL's maximum drawdown of -61.16%. Use the drawdown chart below to compare losses from any high point for WISE.L and TPL.
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Drawdown Indicators
| WISE.L | TPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.14% | -61.16% | -12.98% |
Max Drawdown (1Y)Largest decline over 1 year | -32.06% | -31.88% | -0.18% |
Max Drawdown (3Y)Largest decline over 3 years | -35.68% | -55.39% | +19.71% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.16% | — |
Current DrawdownCurrent decline from peak | -30.69% | -37.97% | +7.28% |
Average DrawdownAverage peak-to-trough decline | -31.98% | -22.00% | -9.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.60% | 16.57% | +1.03% |
Volatility
WISE.L vs. TPL - Volatility Comparison
Wise plc (WISE.L) and Texas Pacific Land Corporation (TPL) have volatilities of 14.53% and 14.50%, 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.
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Volatility by Period
| WISE.L | TPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.53% | 14.50% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 28.11% | 38.53% | -10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.28% | 47.11% | -12.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.55% | 45.84% | -4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.55% | 46.93% | -5.38% |
Dividends
WISE.L vs. TPL - Dividend Comparison
WISE.L has not paid dividends to shareholders, while TPL's dividend yield for the trailing twelve months is around 0.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPL Texas Pacific Land Corporation | 0.60% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 2.20% | 0.22% | 0.55% | 0.30% | 0.10% | 0.22% |
WISE.L Wise plc | 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
WISE.L vs. TPL - Financials Comparison
This section allows you to compare key financial metrics between Wise plc and Texas Pacific Land Corporation. 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
WISE.L vs. TPL - Profitability Comparison
WISE.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wise plc reported a gross profit of 0.00 and revenue of 959.20M. Therefore, the gross margin over that period was 0.0%.
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a gross profit of 0.00 and revenue of 236.82M. Therefore, the gross margin over that period was 0.0%.
WISE.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wise plc reported an operating income of 231.70M and revenue of 959.20M, resulting in an operating margin of 24.2%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported an operating income of 182.33M and revenue of 236.82M, resulting in an operating margin of 77.0%.
WISE.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wise plc reported a net income of 187.20M and revenue of 959.20M, resulting in a net margin of 19.5%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a net income of 142.90M and revenue of 236.82M, resulting in a net margin of 60.3%.
Frequently Asked Questions
WISE.L and TPL have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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