WPM.TO vs. NFLX
WPM.TO (Wheaton Precious Metals Corp.) and NFLX (Netflix, Inc.) are both stocks. WPM.TO operates in Gold (Basic Materials), while NFLX operates in Entertainment (Communication Services). Over the past 10 years, WPM.TO returned 21.58%/yr vs 24.98%/yr for NFLX. At a 0.09 correlation, their price movements are largely independent.
Performance
WPM.TO vs. NFLX - Performance Comparison
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Different Trading Currencies
WPM.TO is traded in CAD, while NFLX is traded in USD. To make them comparable, the NFLX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WPM.TO achieves a 0.91% return, which is significantly higher than NFLX's -12.58% return. Over the past 10 years, WPM.TO has underperformed NFLX with an annualized return of 21.58%, while NFLX has yielded a comparatively higher 24.98% annualized return.
WPM.TO
- 1D
- 3.30%
- 1M
- -14.91%
- YTD
- 0.91%
- 6M
- 0.67%
- 1Y
- 31.15%
- 3Y*
- 40.83%
- 5Y*
- 24.07%
- 10Y*
- 21.58%
NFLX
- 1D
- -0.96%
- 1M
- -5.79%
- YTD
- -12.58%
- 6M
- -14.40%
- 1Y
- -31.89%
- 3Y*
- 24.46%
- 5Y*
- 13.69%
- 10Y*
- 24.98%
WPM.TO vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WPM.TO Wheaton Precious Metals Corp. | 0.91% | 100.91% | 25.13% | 25.20% | -1.07% | 3.20% | 39.06% | 47.18% | -2.24% | 8.88% |
NFLX Netflix, Inc. | -12.58% | 0.39% | 98.57% | 61.18% | -47.95% | 11.36% | 63.15% | 15.91% | 51.16% | 44.56% |
Correlation
The correlation between WPM.TO and NFLX 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.09 |
The correlation between WPM.TO and NFLX shifts across timeframes, from 0.03 (1 year) to 0.13 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WPM.TO:
CA$73.85B
NFLX:
$345.34B
WPM.TO:
$3.96
NFLX:
$3.09
WPM.TO:
29.36
NFLX:
25.99
WPM.TO:
0.79
NFLX:
1.03
WPM.TO:
19.24
NFLX:
7.41
WPM.TO:
5.71
NFLX:
11.09
WPM.TO:
$2.74B
NFLX:
$46.89B
WPM.TO:
$2.12B
NFLX:
$22.99B
WPM.TO:
$2.37B
NFLX:
$26.91B
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Return for Risk
WPM.TO vs. NFLX — Risk / Return Rank
WPM.TO
NFLX
WPM.TO vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM.TO) and Netflix, Inc. (NFLX). 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.
| WPM.TO | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.83 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | -0.74 | +1.72 |
| Martin ratioReturn relative to average drawdown | 2.77 | -1.31 | +4.08 |
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Drawdowns
WPM.TO vs. NFLX - Drawdown Comparison
The maximum WPM.TO drawdown since its inception was -83.21%, roughly equal to the maximum NFLX drawdown of -81.76%. Use the drawdown chart below to compare losses from any high point for WPM.TO and NFLX.
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Drawdown Indicators
| WPM.TO | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.21% | -81.76% | -1.45% |
Max Drawdown (1Y)Largest decline over 1 year | -33.62% | -43.79% | +10.17% |
Max Drawdown (3Y)Largest decline over 3 years | -33.62% | -43.79% | +10.17% |
Max Drawdown (5Y)Largest decline over 5 years | -39.04% | -75.15% | +36.11% |
Max Drawdown (10Y)Largest decline over 10 years | -47.50% | -75.15% | +27.65% |
Current DrawdownCurrent decline from peak | -28.16% | -38.73% | +10.57% |
Average DrawdownAverage peak-to-trough decline | -25.72% | -26.28% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.90% | 24.73% | -12.83% |
Volatility
WPM.TO vs. NFLX - Volatility Comparison
Wheaton Precious Metals Corp. (WPM.TO) has a higher volatility of 17.82% compared to Netflix, Inc. (NFLX) at 5.91%. This indicates that WPM.TO's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPM.TO | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.82% | 5.91% | +11.91% |
Volatility (6M)Calculated over the trailing 6-month period | 38.20% | 24.68% | +13.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.95% | 33.23% | +11.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.46% | 43.68% | -10.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.26% | 42.01% | -6.75% |
Dividends
WPM.TO vs. NFLX - Dividend Comparison
WPM.TO's dividend yield for the trailing twelve months is around 0.62%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WPM.TO Wheaton Precious Metals Corp. | 0.62% | 0.57% | 1.05% | 1.25% | 1.40% | 1.05% | 1.08% | 1.24% | 1.75% | 1.54% | 1.06% | 1.48% |
Financials
WPM.TO vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Wheaton Precious Metals Corp. and Netflix, Inc.. 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
WPM.TO vs. NFLX - Profitability Comparison
WPM.TO - 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 687.49M and revenue of 886.69M. Therefore, the gross margin over that period was 77.5%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
WPM.TO - 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 665.21M and revenue of 886.69M, resulting in an operating margin of 75.0%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
WPM.TO - 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 572.50M and revenue of 886.69M, resulting in a net margin of 64.6%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
WPM.TO and NFLX 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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