WPM.TO vs. TD.TO
WPM.TO (Wheaton Precious Metals Corp.) and TD.TO (The Toronto-Dominion Bank) are both stocks. WPM.TO operates in Gold (Basic Materials), while TD.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, WPM.TO returned 20.97%/yr vs 15.57%/yr for TD.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
WPM.TO vs. TD.TO - Performance Comparison
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Returns By Period
In the year-to-date period, WPM.TO achieves a -0.44% return, which is significantly lower than TD.TO's 25.29% return. Over the past 10 years, WPM.TO has outperformed TD.TO with an annualized return of 20.97%, while TD.TO has yielded a comparatively lower 15.57% annualized return.
WPM.TO
- 1D
- -1.07%
- 1M
- -15.56%
- YTD
- -0.44%
- 6M
- 10.42%
- 1Y
- 32.64%
- 3Y*
- 40.12%
- 5Y*
- 24.15%
- 10Y*
- 20.97%
TD.TO
- 1D
- 1.10%
- 1M
- 8.52%
- YTD
- 25.29%
- 6M
- 32.68%
- 1Y
- 71.58%
- 3Y*
- 32.19%
- 5Y*
- 17.78%
- 10Y*
- 15.57%
WPM.TO vs. TD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WPM.TO Wheaton Precious Metals Corp. | -0.44% | 100.91% | 25.13% | 25.20% | -1.07% | 3.20% | 39.06% | 47.18% | -2.24% | 8.88% |
TD.TO The Toronto-Dominion Bank | 25.29% | 77.06% | -6.05% | 2.34% | -6.01% | 40.15% | 3.72% | 11.66% | -4.57% | 15.15% |
Correlation
The correlation between WPM.TO and TD.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.09 |
The correlation between WPM.TO and TD.TO shifts across timeframes, from 0.06 (10 years) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
WPM.TO:
CA$72.86B
TD.TO:
CA$265.60B
WPM.TO:
CA$3.96
TD.TO:
CA$8.81
WPM.TO:
40.49
TD.TO:
18.10
WPM.TO:
1.09
TD.TO:
0.65
WPM.TO:
26.54
TD.TO:
2.40
WPM.TO:
7.88
TD.TO:
2.36
WPM.TO:
CA$2.74B
TD.TO:
CA$112.59B
WPM.TO:
CA$2.12B
TD.TO:
CA$59.48B
WPM.TO:
CA$2.37B
TD.TO:
CA$19.98B
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Return for Risk
WPM.TO vs. TD.TO — Risk / Return Rank
WPM.TO
TD.TO
WPM.TO vs. TD.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM.TO) and The Toronto-Dominion Bank (TD.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.
| WPM.TO | TD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.02 | ||
| Sortino ratioReturn per unit of downside risk | -4.63 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.83 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 10.77 | -9.70 |
| Martin ratioReturn relative to average drawdown | 2.91 | 45.21 | -42.30 |
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
| WPM.TO | TD.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 4.75 | -4.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 1.04 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.81 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.61 | -0.26 |
Drawdowns
WPM.TO vs. TD.TO - Drawdown Comparison
The maximum WPM.TO drawdown since its inception was -83.21%, which is greater than TD.TO's maximum drawdown of -52.42%. Use the drawdown chart below to compare losses from any high point for WPM.TO and TD.TO.
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Drawdown Indicators
| WPM.TO | TD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.21% | -52.42% | -30.79% |
Max Drawdown (1Y)Largest decline over 1 year | -30.69% | -6.68% | -24.01% |
Max Drawdown (3Y)Largest decline over 3 years | -30.69% | -15.04% | -15.65% |
Max Drawdown (5Y)Largest decline over 5 years | -39.04% | -26.06% | -12.98% |
Max Drawdown (10Y)Largest decline over 10 years | -47.50% | -35.80% | -11.70% |
Current DrawdownCurrent decline from peak | -29.12% | 0.00% | -29.12% |
Average DrawdownAverage peak-to-trough decline | -25.70% | -7.29% | -18.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.25% | 1.59% | +9.66% |
Volatility
WPM.TO vs. TD.TO - Volatility Comparison
Wheaton Precious Metals Corp. (WPM.TO) has a higher volatility of 17.73% compared to The Toronto-Dominion Bank (TD.TO) at 5.24%. This indicates that WPM.TO's price experiences larger fluctuations and is considered to be riskier than TD.TO 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 | TD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.73% | 5.24% | +12.49% |
Volatility (6M)Calculated over the trailing 6-month period | 37.89% | 11.86% | +26.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.43% | 15.16% | +29.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.33% | 17.16% | +16.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.20% | 19.29% | +15.91% |
Dividends
WPM.TO vs. TD.TO - Dividend Comparison
WPM.TO's dividend yield for the trailing twelve months is around 0.63%, less than TD.TO's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TD.TO The Toronto-Dominion Bank | 2.67% | 3.25% | 5.33% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% |
WPM.TO Wheaton Precious Metals Corp. | 0.63% | 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. TD.TO - Financials Comparison
This section allows you to compare key financial metrics between Wheaton Precious Metals Corp. and The Toronto-Dominion Bank. 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. TD.TO - 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%.
TD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a gross profit of 14.91B and revenue of 27.03B. Therefore, the gross margin over that period was 55.2%.
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%.
TD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported an operating income of 5.03B and revenue of 27.03B, resulting in an operating margin of 18.6%.
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%.
TD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a net income of 4.25B and revenue of 27.03B, resulting in a net margin of 15.7%.
Frequently Asked Questions
WPM.TO and TD.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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