WPK.TO vs. FNV.TO
WPK.TO (Winpak Ltd.) and FNV.TO (Franco-Nevada Corporation) are both stocks. WPK.TO operates in Packaging & Containers (Consumer Cyclical), while FNV.TO operates in Gold (Basic Materials). Over the past 10 years, WPK.TO returned -0.52%/yr vs 15.22%/yr for FNV.TO. At a 0.04 correlation, their price movements are largely independent.
Performance
WPK.TO vs. FNV.TO - Performance Comparison
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Returns By Period
In the year-to-date period, WPK.TO achieves a -9.37% return, which is significantly lower than FNV.TO's 15.57% return. Over the past 10 years, WPK.TO has underperformed FNV.TO with an annualized return of -0.52%, while FNV.TO has yielded a comparatively higher 15.22% annualized return.
WPK.TO
- 1D
- -0.84%
- 1M
- 0.95%
- YTD
- -9.37%
- 6M
- -6.54%
- 1Y
- -10.97%
- 3Y*
- -0.55%
- 5Y*
- 3.28%
- 10Y*
- -0.52%
FNV.TO
- 1D
- 2.95%
- 1M
- 2.55%
- YTD
- 15.57%
- 6M
- 16.95%
- 1Y
- 40.32%
- 3Y*
- 19.45%
- 5Y*
- 13.40%
- 10Y*
- 15.22%
WPK.TO vs. FNV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WPK.TO Winpak Ltd. | -9.37% | 0.21% | 17.07% | -2.54% | 13.48% | -6.22% | -8.60% | -1.35% | 2.29% | 3.28% |
FNV.TO Franco-Nevada Corporation | 15.57% | 69.90% | 16.50% | -19.65% | 6.49% | 10.56% | 19.99% | 41.69% | -3.12% | 26.63% |
Correlation
The correlation between WPK.TO and FNV.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2007 | 0.04 |
The correlation between WPK.TO and FNV.TO shifts across timeframes, from 0.04 (all time) to 0.16 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
WPK.TO:
CA$2.37B
FNV.TO:
CA$63.42B
WPK.TO:
CA$2.21
FNV.TO:
CA$7.09
WPK.TO:
18.22
FNV.TO:
46.28
WPK.TO:
1.85
FNV.TO:
0.96
WPK.TO:
2.17
FNV.TO:
30.15
WPK.TO:
1.81
FNV.TO:
7.82
WPK.TO:
CA$1.12B
FNV.TO:
CA$2.10B
WPK.TO:
CA$336.04M
FNV.TO:
CA$1.61B
WPK.TO:
CA$235.05M
FNV.TO:
CA$1.96B
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Return for Risk
WPK.TO vs. FNV.TO — Risk / Return Rank
WPK.TO
FNV.TO
WPK.TO vs. FNV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Winpak Ltd. (WPK.TO) and Franco-Nevada Corporation (FNV.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.
| WPK.TO | FNV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.21 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 1.79 | -2.21 |
| Martin ratioReturn relative to average drawdown | -0.93 | 3.92 | -4.85 |
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
| WPK.TO | FNV.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.49 | 1.06 | -1.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.48 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.53 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.55 | -0.12 |
Drawdowns
WPK.TO vs. FNV.TO - Drawdown Comparison
The maximum WPK.TO drawdown since its inception was -68.10%, which is greater than FNV.TO's maximum drawdown of -47.77%. Use the drawdown chart below to compare losses from any high point for WPK.TO and FNV.TO.
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Drawdown Indicators
| WPK.TO | FNV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.10% | -47.77% | -20.33% |
Max Drawdown (1Y)Largest decline over 1 year | -24.00% | -20.43% | -3.57% |
Max Drawdown (3Y)Largest decline over 3 years | -24.00% | -27.68% | +3.68% |
Max Drawdown (5Y)Largest decline over 5 years | -24.00% | -33.81% | +9.81% |
Max Drawdown (10Y)Largest decline over 10 years | -43.94% | -38.28% | -5.66% |
Current DrawdownCurrent decline from peak | -22.38% | -14.32% | -8.06% |
Average DrawdownAverage peak-to-trough decline | -17.95% | -12.19% | -5.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.91% | 9.61% | +1.30% |
Volatility
WPK.TO vs. FNV.TO - Volatility Comparison
The current volatility for Winpak Ltd. (WPK.TO) is 4.42%, while Franco-Nevada Corporation (FNV.TO) has a volatility of 11.16%. This indicates that WPK.TO experiences smaller price fluctuations and is considered to be less risky than FNV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPK.TO | FNV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 11.16% | -6.74% |
Volatility (6M)Calculated over the trailing 6-month period | 15.72% | 28.19% | -12.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.71% | 34.51% | -13.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.36% | 28.21% | -6.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.31% | 28.71% | -6.40% |
Dividends
WPK.TO vs. FNV.TO - Dividend Comparison
WPK.TO's dividend yield for the trailing twelve months is around 0.50%, less than FNV.TO's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV.TO Franco-Nevada Corporation | 0.66% | 0.75% | 1.17% | 1.25% | 0.91% | 0.83% | 0.86% | 0.98% | 1.55% | 1.12% | 1.42% | 1.53% |
WPK.TO Winpak Ltd. | 0.50% | 7.17% | 0.29% | 0.22% | 0.29% | 8.39% | 0.28% | 0.26% | 0.25% | 0.26% | 0.26% | 3.61% |
Financials
WPK.TO vs. FNV.TO - Financials Comparison
This section allows you to compare key financial metrics between Winpak Ltd. and Franco-Nevada Corporation. 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
WPK.TO vs. FNV.TO - Profitability Comparison
WPK.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Winpak Ltd. reported a gross profit of 82.86M and revenue of 280.03M. Therefore, the gross margin over that period was 29.6%.
FNV.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported a gross profit of 517.08M and revenue of 639.45M. Therefore, the gross margin over that period was 80.9%.
WPK.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Winpak Ltd. reported an operating income of 39.51M and revenue of 280.03M, resulting in an operating margin of 14.1%.
FNV.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported an operating income of 501.94M and revenue of 639.45M, resulting in an operating margin of 78.5%.
WPK.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Winpak Ltd. reported a net income of 30.97M and revenue of 280.03M, resulting in a net margin of 11.1%.
FNV.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported a net income of 460.92M and revenue of 639.45M, resulting in a net margin of 72.1%.
Frequently Asked Questions
WPK.TO and FNV.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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