WMT vs. CGL.TO
WMT (Walmart Inc.) is a stock, while CGL.TO (iShares Gold Bullion ETF (CAD-Hedged)) is Gold fund tracking the Gold Bullion. Over the past 10 years, WMT returned 19.77%/yr vs 10.05%/yr for CGL.TO. At a 0.01 correlation, their price movements are largely independent.
Performance
WMT vs. CGL.TO - Performance Comparison
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Different Trading Currencies
WMT is traded in USD, while CGL.TO is traded in CAD. To make them comparable, the CGL.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WMT achieves a 9.07% return, which is significantly higher than CGL.TO's -5.12% return. Over the past 10 years, WMT has outperformed CGL.TO with an annualized return of 19.77%, while CGL.TO has yielded a comparatively lower 10.05% annualized return.
WMT
- 1D
- 0.45%
- 1M
- -7.92%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 29.24%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
CGL.TO
- 1D
- 0.07%
- 1M
- -11.35%
- YTD
- -5.12%
- 6M
- -4.61%
- 1Y
- 16.70%
- 3Y*
- 25.29%
- 5Y*
- 12.44%
- 10Y*
- 10.05%
WMT vs. CGL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
CGL.TO iShares Gold Bullion ETF (CAD-Hedged) | -5.12% | 67.73% | 15.88% | 13.97% | -6.96% | -4.54% | 26.41% | 21.59% | -10.70% | 19.79% |
Correlation
The correlation between WMT and CGL.TO is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2010 | 0.01 |
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Return for Risk
WMT vs. CGL.TO — Risk / Return Rank
WMT
CGL.TO
WMT vs. CGL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) and iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO). 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.
| WMT | CGL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.14 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 0.70 | +1.13 |
| Martin ratioReturn relative to average drawdown | 5.82 | 2.00 | +3.82 |
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Drawdowns
WMT vs. CGL.TO - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, which is greater than CGL.TO's maximum drawdown of -62.05%. Use the drawdown chart below to compare losses from any high point for WMT and CGL.TO.
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Drawdown Indicators
| WMT | CGL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -62.05% | -15.09% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -27.17% | +11.42% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -27.17% | +5.24% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -27.17% | +1.43% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | -27.17% | +1.43% |
Current DrawdownCurrent decline from peak | -9.81% | -24.91% | +15.10% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -32.74% | +18.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 9.43% | -4.49% |
Volatility
WMT vs. CGL.TO - Volatility Comparison
Walmart Inc. (WMT) has a higher volatility of 9.86% compared to iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) at 7.69%. This indicates that WMT's price experiences larger fluctuations and is considered to be riskier than CGL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMT | CGL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 7.69% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 24.50% | -6.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.67% | 28.25% | -4.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 19.70% | +1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 17.92% | +3.81% |
Dividends
WMT vs. CGL.TO - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.80%, while CGL.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGL.TO iShares Gold Bullion ETF (CAD-Hedged) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
WMT and CGL.TO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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