WMT vs. WPM
WMT (Walmart Inc.) and WPM (Wheaton Precious Metals Corp.) are both stocks. WMT operates in Discount Stores (Consumer Defensive), while WPM operates in Gold (Basic Materials). Over the past 10 years, WMT returned 19.62%/yr vs 19.95%/yr for WPM. At a 0.10 correlation, their price movements are largely independent.
Performance
WMT vs. WPM - Performance Comparison
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Returns By Period
In the year-to-date period, WMT achieves a 7.98% return, which is significantly higher than WPM's -1.95% return. Both investments have delivered pretty close results over the past 10 years, with WMT having a 19.62% annualized return and WPM not far ahead at 19.95%.
WMT
- 1D
- 0.80%
- 1M
- -8.13%
- YTD
- 7.98%
- 6M
- 6.15%
- 1Y
- 23.97%
- 3Y*
- 34.37%
- 5Y*
- 22.47%
- 10Y*
- 19.62%
WPM
- 1D
- -1.17%
- 1M
- -17.15%
- YTD
- -1.95%
- 6M
- 9.78%
- 1Y
- 30.34%
- 3Y*
- 38.10%
- 5Y*
- 20.76%
- 10Y*
- 19.95%
WMT vs. WPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 7.98% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
WPM Wheaton Precious Metals Corp. | -1.95% | 110.52% | 15.24% | 27.91% | -7.53% | 4.22% | 41.82% | 54.62% | -10.04% | 16.41% |
Correlation
The correlation between WMT and WPM is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.10 |
The correlation between WMT and WPM shifts across timeframes, from 0.05 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WMT:
$958.52B
WPM:
$52.26B
WMT:
$2.88
WPM:
$3.96
WMT:
41.62
WPM:
29.02
WMT:
2.72
WPM:
0.78
WMT:
1.32
WPM:
19.02
WMT:
10.16
WPM:
5.64
WMT:
$725.31B
WPM:
$2.75B
WMT:
$181.16B
WPM:
$2.12B
WMT:
$44.32B
WPM:
$2.38B
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Return for Risk
WMT vs. WPM — Risk / Return Rank
WMT
WPM
WMT vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) and Wheaton Precious Metals Corp. (WPM). 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.
| WMT | WPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.15 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 0.99 | +0.54 |
| Martin ratioReturn relative to average drawdown | 5.02 | 2.64 | +2.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WMT | WPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 0.67 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | 0.59 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.91 | 0.55 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.68 | -0.04 |
Drawdowns
WMT vs. WPM - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, which is greater than WPM's maximum drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for WMT and WPM.
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Drawdown Indicators
| WMT | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -48.64% | -28.50% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -30.84% | +15.09% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -30.84% | +8.91% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -43.29% | +17.55% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | -48.64% | +22.90% |
Current DrawdownCurrent decline from peak | -10.71% | -30.47% | +19.76% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -18.85% | +4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 11.53% | -6.74% |
Volatility
WMT vs. WPM - Volatility Comparison
The current volatility for Walmart Inc. (WMT) is 10.26%, while Wheaton Precious Metals Corp. (WPM) has a volatility of 16.65%. This indicates that WMT experiences smaller price fluctuations and is considered to be less risky than WPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMT | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 16.65% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 18.59% | 38.92% | -20.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 45.46% | -21.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 35.33% | -13.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 36.72% | -14.99% |
Dividends
WMT vs. WPM - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.81%, more than WPM's 0.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 0.81% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
WPM Wheaton Precious Metals Corp. | 0.63% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 0.00% |
Financials
WMT vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between Walmart Inc. and Wheaton Precious Metals Corp.. 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
WMT vs. WPM - Profitability Comparison
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
WPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wheaton Precious Metals Corp. reported a gross profit of 689.26M and revenue of 888.98M. Therefore, the gross margin over that period was 77.5%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
WPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wheaton Precious Metals Corp. reported an operating income of 666.92M and revenue of 888.98M, resulting in an operating margin of 75.0%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
WPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wheaton Precious Metals Corp. reported a net income of 573.98M and revenue of 888.98M, resulting in a net margin of 64.6%.
Frequently Asked Questions
WMT and WPM have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WPM has higher volatility (16.65%) compared to WMT (10.26%). In terms of maximum drawdown, WMT dropped -77.14% vs WPM's -48.64%.
WMT currently has the higher Sharpe Ratio (1.02 vs 0.67), 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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