WM vs. III.L
WM (Waste Management, Inc.) and III.L (3I Group plc) are both stocks. WM operates in Waste Management (Industrials), while III.L operates in Investment Banking & Investment Services (Financial Services). Over the past 10 years, WM returned 15.28%/yr vs 18.63%/yr for III.L. At a 0.25 correlation, their price movements are largely independent.
Performance
WM vs. III.L - Performance Comparison
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Different Trading Currencies
WM is traded in USD, while III.L is traded in GBp. To make them comparable, the III.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WM achieves a -0.44% return, which is significantly higher than III.L's -30.19% return. Over the past 10 years, WM has underperformed III.L with an annualized return of 15.28%, while III.L has yielded a comparatively higher 18.63% annualized return.
WM
- 1D
- -1.14%
- 1M
- -0.88%
- YTD
- -0.44%
- 6M
- 0.20%
- 1Y
- -6.80%
- 3Y*
- 11.24%
- 5Y*
- 10.90%
- 10Y*
- 15.28%
III.L
- 1D
- -0.90%
- 1M
- 4.13%
- YTD
- -30.19%
- 6M
- -27.35%
- 1Y
- -43.98%
- 3Y*
- 8.77%
- 5Y*
- 14.94%
- 10Y*
- 18.63%
WM vs. III.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | -0.44% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
III.L 3I Group plc | -30.19% | 0.62% | 47.61% | 95.24% | -13.78% | 27.82% | 12.71% | 53.02% | -16.76% | 46.43% |
Correlation
The correlation between WM and III.L 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 | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.25 |
Over the past year, the correlation between WM and III.L has dropped to 0.02 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
WM:
$87.73B
III.L:
£23.26B
WM:
$6.91
III.L:
£10.41
WM:
31.40
III.L:
2.20
WM:
2.57
III.L:
0.27
WM:
3.45
III.L:
10.70
WM:
8.75
III.L:
0.75
WM:
$25.41B
III.L:
£2.12B
WM:
$5.61B
III.L:
£5.57B
WM:
$6.96B
III.L:
£9.82B
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Return for Risk
WM vs. III.L — Risk / Return Rank
WM
III.L
WM vs. III.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and 3I Group plc (III.L). 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.
| WM | III.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.81 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | -0.83 | +0.43 |
| Martin ratioReturn relative to average drawdown | -0.90 | -1.64 | +0.73 |
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Drawdowns
WM vs. III.L - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, smaller than the maximum III.L drawdown of -88.62%. Use the drawdown chart below to compare losses from any high point for WM and III.L.
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Drawdown Indicators
| WM | III.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -88.62% | +10.77% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -52.57% | +35.87% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -52.57% | +34.43% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -52.57% | +34.43% |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | -54.36% | +24.29% |
Current DrawdownCurrent decline from peak | -11.26% | -48.02% | +36.76% |
Average DrawdownAverage peak-to-trough decline | -17.68% | -27.22% | +9.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.59% | 26.86% | -19.27% |
Volatility
WM vs. III.L - Volatility Comparison
The current volatility for Waste Management, Inc. (WM) is 6.15%, while 3I Group plc (III.L) has a volatility of 11.99%. This indicates that WM experiences smaller price fluctuations and is considered to be less risky than III.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WM | III.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.15% | 11.99% | -5.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.06% | 37.87% | -23.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.06% | 44.04% | -24.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.63% | 33.15% | -14.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 33.05% | -13.51% |
Dividends
WM vs. III.L - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.63%, less than III.L's 3.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
III.L 3I Group plc | 3.46% | 2.42% | 1.82% | 2.32% | 3.76% | 2.78% | 3.02% | 3.42% | 4.78% | 2.90% | 3.41% | 2.37% |
WM Waste Management, Inc. | 1.63% | 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. III.L - Financials Comparison
This section allows you to compare key financial metrics between Waste Management, Inc. and 3I Group plc. 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
Frequently Asked Questions
WM and III.L 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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