WM vs. AXP
WM (Waste Management, Inc.) and AXP (American Express Company) are both stocks. WM operates in Waste Management (Industrials), while AXP operates in Credit Services (Financial Services). Over the past 10 years, WM returned 15.25%/yr vs 18.65%/yr for AXP. At a 0.29 correlation, their price movements are largely independent.
Performance
WM vs. AXP - Performance Comparison
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Returns By Period
In the year-to-date period, WM achieves a -0.81% return, which is significantly higher than AXP's -15.13% return. Over the past 10 years, WM has underperformed AXP with an annualized return of 15.25%, while AXP has yielded a comparatively higher 18.65% annualized return.
WM
- 1D
- -1.93%
- 1M
- 0.79%
- YTD
- -0.81%
- 6M
- 3.67%
- 1Y
- -7.08%
- 3Y*
- 11.63%
- 5Y*
- 10.86%
- 10Y*
- 15.25%
AXP
- 1D
- 0.53%
- 1M
- -1.18%
- YTD
- -15.13%
- 6M
- -13.33%
- 1Y
- 4.33%
- 3Y*
- 23.52%
- 5Y*
- 15.12%
- 10Y*
- 18.65%
WM vs. AXP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | -0.81% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
AXP American Express Company | -15.13% | 25.99% | 60.32% | 28.67% | -8.52% | 36.88% | -1.14% | 32.52% | -2.62% | 36.22% |
Correlation
The correlation between WM and AXP is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 1991 | 0.29 |
Over the past year, the correlation between WM and AXP has dropped to 0.07 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
WM:
$87.41B
AXP:
$214.24B
WM:
$6.91
AXP:
$16.23
WM:
31.28
AXP:
19.25
WM:
2.56
AXP:
1.64
WM:
3.44
AXP:
2.62
WM:
8.72
AXP:
6.30
WM:
$25.41B
AXP:
$82.41B
WM:
$5.61B
AXP:
$68.81B
WM:
$6.96B
AXP:
$18.41B
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Return for Risk
WM vs. AXP — Risk / Return Rank
WM
AXP
WM vs. AXP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and American Express Company (AXP). 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.
| WM | AXP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.05 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.18 | -0.61 |
| Martin ratioReturn relative to average drawdown | -0.95 | 0.40 | -1.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WM | AXP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | 0.17 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.52 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.59 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.29 | +0.07 |
Drawdowns
WM vs. AXP - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, smaller than the maximum AXP drawdown of -83.91%. Use the drawdown chart below to compare losses from any high point for WM and AXP.
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Drawdown Indicators
| WM | AXP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -83.91% | +6.06% |
Max Drawdown (1Y)Largest decline over 1 year | -16.72% | -23.90% | +7.18% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -28.76% | +10.62% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -31.55% | +13.41% |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | -49.64% | +19.57% |
Current DrawdownCurrent decline from peak | -11.59% | -18.42% | +6.83% |
Average DrawdownAverage peak-to-trough decline | -17.69% | -22.05% | +4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 10.96% | -3.47% |
Volatility
WM vs. AXP - Volatility Comparison
The current volatility for Waste Management, Inc. (WM) is 5.91%, while American Express Company (AXP) has a volatility of 6.27%. This indicates that WM experiences smaller price fluctuations and is considered to be less risky than AXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WM | AXP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.91% | 6.27% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 13.69% | 20.03% | -6.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.73% | 26.27% | -7.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.55% | 29.49% | -10.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.51% | 31.83% | -12.32% |
Dividends
WM vs. AXP - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.64%, more than AXP's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | 1.09% | 0.85% | 0.91% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% |
WM Waste Management, Inc. | 1.64% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
WM vs. AXP - Financials Comparison
This section allows you to compare key financial metrics between Waste Management, Inc. and American Express Company. 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
WM vs. AXP - Profitability Comparison
WM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a gross profit of 0.00 and revenue of 6.23B. Therefore, the gross margin over that period was 0.0%.
AXP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Express Company reported a gross profit of 17.66B and revenue of 20.88B. Therefore, the gross margin over that period was 84.6%.
WM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported an operating income of 1.11B and revenue of 6.23B, resulting in an operating margin of 17.9%.
AXP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Express Company reported an operating income of 6.60B and revenue of 20.88B, resulting in an operating margin of 31.6%.
WM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a net income of 723.00M and revenue of 6.23B, resulting in a net margin of 11.6%.
AXP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Express Company reported a net income of 2.97B and revenue of 20.88B, resulting in a net margin of 14.2%.
Frequently Asked Questions
WM and AXP have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXP has higher volatility (6.27%) compared to WM (5.91%). In terms of maximum drawdown, WM dropped -77.85% vs AXP's -83.91%.
AXP currently has the higher Sharpe Ratio (0.17 vs -0.38), 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.
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