WM vs. WCN
Compare and contrast key facts about Waste Management, Inc. (WM) and Waste Connections, Inc. (WCN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WM or WCN.
Correlation
The correlation between WM and WCN is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WM vs. WCN - Performance Comparison
Key characteristics
WM:
1.01
WCN:
1.53
WM:
1.42
WCN:
2.27
WM:
1.22
WCN:
1.28
WM:
1.54
WCN:
1.85
WM:
3.60
WCN:
5.70
WM:
5.09%
WCN:
3.91%
WM:
18.11%
WCN:
14.59%
WM:
-77.85%
WCN:
-31.59%
WM:
-7.02%
WCN:
-7.77%
Fundamentals
WM:
$84.97B
WCN:
$45.99B
WM:
$6.56
WCN:
$3.64
WM:
32.27
WCN:
48.97
WM:
2.26
WCN:
1.45
WM:
$16.17B
WCN:
$6.65B
WM:
$5.28B
WCN:
$2.24B
WM:
$4.86B
WCN:
$2.12B
Returns By Period
In the year-to-date period, WM achieves a 4.92% return, which is significantly higher than WCN's 3.88% return. Both investments have delivered pretty close results over the past 10 years, with WM having a 17.24% annualized return and WCN not far behind at 17.23%.
WM
4.92%
3.06%
-4.31%
17.02%
14.00%
17.24%
WCN
3.88%
2.05%
-0.84%
19.96%
13.53%
17.23%
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Risk-Adjusted Performance
WM vs. WCN — Risk-Adjusted Performance Rank
WM
WCN
WM vs. WCN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and Waste Connections, Inc. (WCN). 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.
Dividends
WM vs. WCN - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.42%, more than WCN's 0.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | 1.42% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% | 2.92% |
WCN Waste Connections, Inc. | 0.66% | 0.68% | 0.70% | 0.71% | 0.62% | 0.74% | 0.73% | 0.78% | 0.70% | 1.64% | 3.25% | 2.61% |
Drawdowns
WM vs. WCN - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, which is greater than WCN's maximum drawdown of -31.59%. Use the drawdown chart below to compare losses from any high point for WM and WCN. For additional features, visit the drawdowns tool.
Volatility
WM vs. WCN - Volatility Comparison
The current volatility for Waste Management, Inc. (WM) is 3.76%, while Waste Connections, Inc. (WCN) has a volatility of 4.13%. This indicates that WM experiences smaller price fluctuations and is considered to be less risky than WCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WM vs. WCN - Financials Comparison
This section allows you to compare key financial metrics between Waste Management, Inc. and Waste Connections, Inc.. 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