WM vs. UNP
WM (Waste Management, Inc.) and UNP (Union Pacific Corporation) are both stocks. Both are in the Industrials sector — WM in Waste Management, UNP in Railroads. Over the past 10 years, WM returned 15.16%/yr vs 14.84%/yr for UNP. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
WM vs. UNP - Performance Comparison
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Returns By Period
In the year-to-date period, WM achieves a 3.97% return, which is significantly lower than UNP's 27.61% return. Both investments have delivered pretty close results over the past 10 years, with WM having a 15.16% annualized return and UNP not far behind at 14.84%.
WM
- 1D
- 0.10%
- 1M
- -1.67%
- 6M
- 2.79%
- YTD
- 3.97%
- 1Y
- 0.57%
- 3Y*
- 13.43%
- 5Y*
- 10.57%
- 10Y*
- 15.16%
- ALL TIME*
- 10.50%
UNP
- 1D
- 0.92%
- 1M
- 3.50%
- 6M
- 25.56%
- YTD
- 27.61%
- 1Y
- 36.17%
- 3Y*
- 10.51%
- 5Y*
- 8.38%
- 10Y*
- 14.84%
- ALL TIME*
- 12.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.15B | $928.45M | $827.36M | |
| $446.41M | $426.54M | $482.07M |
WM vs. UNP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | 3.97% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
UNP Union Pacific Corporation | 27.61% | 3.86% | -5.10% | 21.61% | -15.93% | 23.31% | 17.64% | 33.70% | 5.26% | 32.30% |
Correlation
The correlation between WM and UNP is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1991 | 0.29 |
Fundamentals
WM:
$90.56B
UNP:
$173.55B
WM:
$7.06
UNP:
$8.99
WM:
32.09
UNP:
32.48
WM:
2.62
UNP:
6.50
WM:
3.57
UNP:
9.35
WM:
9.20
UNP:
8.39K
WM:
$25.67B
UNP:
$18.55B
WM:
$3.73B
UNP:
$8.44B
WM:
$6.62B
UNP:
$9.81B
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Return for Risk
WM vs. UNP — Risk / Return Rank
WM
UNP
WM vs. UNP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and Union Pacific Corporation (UNP). 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 | UNP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.29 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 2.83 | -2.80 |
| Martin ratioReturn relative to average drawdown | 0.06 | 7.61 | -7.56 |
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Drawdowns
WM vs. UNP - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, which is greater than UNP's maximum drawdown of -67.49%. Use the drawdown chart below to compare losses from any high point for WM and UNP.
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Drawdown Indicators
| WM | UNP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -67.49% | -10.36% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -12.28% | -4.42% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -17.75% | -0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -31.83% | +13.69% |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | -38.72% | +8.65% |
Current DrawdownCurrent decline from peak | -7.33% | -4.94% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -17.64% | -17.03% | -0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.86% | 4.56% | +3.30% |
Volatility
WM vs. UNP - Volatility Comparison
Waste Management, Inc. (WM) has a higher volatility of 8.87% compared to Union Pacific Corporation (UNP) at 7.46%. This indicates that WM's price experiences larger fluctuations and is considered to be riskier than UNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WM | UNP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.87% | 7.46% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 15.76% | 17.76% | -2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.33% | 22.24% | -1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.01% | 22.99% | -3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.73% | 25.35% | -5.62% |
Dividends
WM vs. UNP - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.56%, less than UNP's 1.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNP Union Pacific Corporation | 1.89% | 2.35% | 2.32% | 2.12% | 2.45% | 1.70% | 1.86% | 2.05% | 2.21% | 1.85% | 2.17% | 2.81% |
WM Waste Management, Inc. | 1.56% | 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. UNP - Financials Comparison
This section allows you to compare key financial metrics between Waste Management, Inc. and Union Pacific 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
Frequently Asked Questions
WM and UNP have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WM has higher volatility (8.87%) compared to UNP (7.46%). In terms of maximum drawdown, WM dropped -77.85% vs UNP's -67.49%.
UNP currently has the higher Sharpe Ratio (1.57 vs 0.02), 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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