WMT vs. SMIN
WMT (Walmart Inc.) is a stock, while SMIN (iShares MSCI India Small-Cap ETF) is Asia Pacific Equities fund tracking the MSCI India Small Cap Index. Over the past 10 years, WMT returned 19.77%/yr vs 9.73%/yr for SMIN. At a 0.16 correlation, their price movements are largely independent.
Performance
WMT vs. SMIN - Performance Comparison
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Returns By Period
In the year-to-date period, WMT achieves a 9.07% return, which is significantly higher than SMIN's -4.03% return. Over the past 10 years, WMT has outperformed SMIN with an annualized return of 19.77%, while SMIN has yielded a comparatively lower 9.73% annualized return.
WMT
- 1D
- 0.45%
- 1M
- -8.62%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 29.24%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
SMIN
- 1D
- 1.44%
- 1M
- 0.72%
- YTD
- -4.03%
- 6M
- -1.54%
- 1Y
- -8.33%
- 3Y*
- 8.94%
- 5Y*
- 6.19%
- 10Y*
- 9.73%
WMT vs. SMIN - 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% |
SMIN iShares MSCI India Small-Cap ETF | -4.03% | -6.68% | 16.78% | 35.41% | -14.23% | 44.43% | 19.59% | -5.21% | -25.55% | 62.36% |
Correlation
The correlation between WMT and SMIN 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 | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2012 | 0.16 |
The correlation between WMT and SMIN shifts across timeframes, from -0.02 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WMT vs. SMIN — Risk / Return Rank
WMT
SMIN
WMT vs. SMIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) and iShares MSCI India Small-Cap ETF (SMIN). 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 | SMIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.73 | ||
| Sortino ratioReturn per unit of downside risk | +2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.93 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | -0.39 | +2.22 |
| Martin ratioReturn relative to average drawdown | 5.82 | -0.87 | +6.69 |
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Drawdowns
WMT vs. SMIN - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, which is greater than SMIN's maximum drawdown of -60.50%. Use the drawdown chart below to compare losses from any high point for WMT and SMIN.
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Drawdown Indicators
| WMT | SMIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -60.50% | -16.64% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -24.54% | +8.79% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -27.58% | +5.65% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -27.58% | +1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | -60.50% | +34.76% |
Current DrawdownCurrent decline from peak | -9.81% | -16.07% | +6.26% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -14.62% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 11.01% | -6.07% |
Volatility
WMT vs. SMIN - Volatility Comparison
Walmart Inc. (WMT) has a higher volatility of 9.86% compared to iShares MSCI India Small-Cap ETF (SMIN) at 4.86%. This indicates that WMT's price experiences larger fluctuations and is considered to be riskier than SMIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMT | SMIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 4.86% | +5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 15.58% | +2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.67% | 18.67% | +5.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 18.88% | +2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 22.83% | -1.10% |
Dividends
WMT vs. SMIN - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.80%, less than SMIN's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMIN iShares MSCI India Small-Cap ETF | 2.10% | 2.01% | 6.84% | 0.41% | 0.01% | 1.27% | 1.06% | 1.75% | 1.68% | 0.89% | 2.30% | 0.93% |
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 SMIN 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.
WMT has higher volatility (9.86%) compared to SMIN (4.86%). In terms of maximum drawdown, WMT dropped -77.14% vs SMIN's -60.50%.
WMT currently has the higher Sharpe Ratio (1.22 vs -0.51), 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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