WPM.TO vs. GLD
Compare and contrast key facts about Wheaton Precious Metals Corp. (WPM.TO) and SPDR Gold Trust (GLD).
GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPM.TO or GLD.
Key characteristics
| WPM.TO | GLD | |
|---|---|---|
| YTD Return | 37.43% | 30.59% |
| 1Y Return | 53.88% | 38.10% |
| 3Y Return (Ann) | 21.71% | 13.60% |
| 5Y Return (Ann) | 22.17% | 12.72% |
| 10Y Return (Ann) | 17.29% | 8.51% |
| Sharpe Ratio | 1.85 | 2.52 |
| Sortino Ratio | 2.42 | 3.33 |
| Omega Ratio | 1.31 | 1.44 |
| Calmar Ratio | 1.91 | 4.95 |
| Martin Ratio | 8.42 | 16.79 |
| Ulcer Index | 6.05% | 2.19% |
| Daily Std Dev | 27.47% | 14.59% |
| Max Drawdown | -83.21% | -45.56% |
| Current Drawdown | -5.73% | -3.05% |
Correlation
The correlation between WPM.TO and GLD is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WPM.TO vs. GLD - Performance Comparison
In the year-to-date period, WPM.TO achieves a 37.43% return, which is significantly higher than GLD's 30.59% return. Over the past 10 years, WPM.TO has outperformed GLD with an annualized return of 17.29%, while GLD has yielded a comparatively lower 8.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WPM.TO vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM.TO) and SPDR Gold Trust (GLD). 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.
Dividends
WPM.TO vs. GLD - Dividend Comparison
WPM.TO's dividend yield for the trailing twelve months is around 0.69%, while GLD has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPM.TO Wheaton Precious Metals Corp. | 0.69% | 0.92% | 1.50% | 1.05% | 0.79% | 0.93% | 1.35% | 1.19% | 0.81% | 1.51% | 1.42% | 2.10% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WPM.TO vs. GLD - Drawdown Comparison
The maximum WPM.TO drawdown since its inception was -83.21%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for WPM.TO and GLD. For additional features, visit the drawdowns tool.
Volatility
WPM.TO vs. GLD - Volatility Comparison
Wheaton Precious Metals Corp. (WPM.TO) has a higher volatility of 9.07% compared to SPDR Gold Trust (GLD) at 4.86%. This indicates that WPM.TO's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.