WMG vs. VT

Last updated Jun 23, 2026

WMG (Warner Music Group Corp.) is a stock, while VT (Vanguard Total World Stock ETF) is Global Equities fund tracking the FTSE Global All Cap Index. Over the past 5 years, WMG returned -2.60%/yr vs 11.13%/yr for VT. At a 0.38 correlation, their price movements are largely independent.

Performance

WMG vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Warner Music Group Corp. (WMG) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WMG achieves a -9.36% return, which is significantly lower than VT's 12.36% return.

WMG

• 1D: -2.48%
• 1M: -20.45%
• YTD: -9.36%
• 6M: -7.12%
• 1Y: 6.32%
• 3Y*: 4.11%
• 5Y*: -2.60%
• 10Y*: —

VT

• 1D: -0.06%
• 1M: 1.64%
• YTD: 12.36%
• 6M: 12.14%
• 1Y: 29.57%
• 3Y*: 20.75%
• 5Y*: 11.13%
• 10Y*: 13.20%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WMG vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WMG Warner Music Group Corp.	-9.36%	1.36%	-11.48%	4.44%	-17.21%	15.31%	41.85%
VT Vanguard Total World Stock ETF	12.36%	22.43%	16.49%	22.02%	-18.00%	18.27%	25.94%

Correlation

The correlation between WMG and VT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020	0.38

The correlation between WMG and VT shifts across timeframes, from 0.24 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

WMG vs. VT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WMG

WMG Risk / Return Rank: 46
WMG Sharpe Ratio Rank: 49
WMG Sortino Ratio Rank: 43
WMG Omega Ratio Rank: 43
WMG Calmar Ratio Rank: 47
WMG Martin Ratio Rank: 48

VT

VT Risk / Return Rank: 70
VT Sharpe Ratio Rank: 71
VT Sortino Ratio Rank: 70
VT Omega Ratio Rank: 71
VT Calmar Ratio Rank: 64
VT Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WMG vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Warner Music Group Corp. (WMG) and Vanguard Total World Stock ETF (VT). 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.

	WMG	VT	Difference
Sharpe ratio: Return per unit of total volatility	0.20	2.21	-2.01
Sortino ratio: Return per unit of downside risk	0.50	3.03	-2.53
Omega ratio: Gain probability vs. loss probability	1.06	1.40	-0.34
Calmar ratio: Return relative to maximum drawdown	0.21	3.07	-2.86
Martin ratio: Return relative to average drawdown	0.51	13.35	-12.84

WMG vs. VT - Sharpe Ratio Comparison

The current WMG Sharpe Ratio is 0.20, which is lower than the VT Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of WMG and VT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WMG vs. VT - Drawdown Comparison

The maximum WMG drawdown since its inception was -54.04%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for WMG and VT.

Drawdown Indicators

	WMG	VT	Difference
Max Drawdown Largest peak-to-trough decline	-54.04%	-50.27%	-3.77%
Max Drawdown (1Y) Largest decline over 1 year	-30.04%	-9.67%	-20.37%
Max Drawdown (3Y) Largest decline over 3 years	-33.06%	-16.51%	-16.55%
Max Drawdown (5Y) Largest decline over 5 years	-54.04%	-26.38%	-27.66%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.24%	—
Current Drawdown Current decline from peak	-38.48%	-0.77%	-37.71%
Average Drawdown Average peak-to-trough decline	-27.06%	-7.00%	-20.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.43%	2.22%	+10.21%

Volatility

WMG vs. VT - Volatility Comparison

Warner Music Group Corp. (WMG) has a higher volatility of 7.99% compared to Vanguard Total World Stock ETF (VT) at 5.23%. This indicates that WMG's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WMG	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	5.23%	+2.76%
Volatility (6M) Calculated over the trailing 6-month period	25.74%	11.12%	+14.62%
Volatility (1Y) Calculated over the trailing 1-year period	31.40%	13.44%	+17.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.76%	16.16%	+18.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.17%	17.27%	+17.90%

Dividends

WMG vs. VT - Dividend Comparison

WMG's dividend yield for the trailing twelve months is around 2.77%, more than VT's 1.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VT Vanguard Total World Stock ETF	1.58%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%
WMG Warner Music Group Corp.	2.77%	2.41%	2.26%	1.84%	1.77%	1.25%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WMG and VT in my portfolio?

WMG and VT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WMG or VT?

WMG has higher volatility (7.99%) compared to VT (5.23%). In terms of maximum drawdown, WMG dropped -54.04% vs VT's -50.27%.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (2.21 vs 0.20), 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.