WPM vs. ESLT
WPM (Wheaton Precious Metals Corp.) and ESLT (Elbit Systems Ltd) are both stocks. WPM operates in Gold (Basic Materials), while ESLT operates in Aerospace & Defense (Industrials). Over the past 10 years, WPM returned 20.59%/yr vs 26.53%/yr for ESLT. At a 0.12 correlation, their price movements are largely independent.
Performance
WPM vs. ESLT - Performance Comparison
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Returns By Period
In the year-to-date period, WPM achieves a -0.90% return, which is significantly lower than ESLT's 48.00% return. Over the past 10 years, WPM has underperformed ESLT with an annualized return of 20.59%, while ESLT has yielded a comparatively higher 26.53% annualized return.
WPM
- 1D
- 3.05%
- 1M
- -18.24%
- YTD
- -0.90%
- 6M
- -0.91%
- 1Y
- 29.24%
- 3Y*
- 38.53%
- 5Y*
- 20.71%
- 10Y*
- 20.59%
ESLT
- 1D
- -6.48%
- 1M
- 9.58%
- YTD
- 48.00%
- 6M
- 66.16%
- 1Y
- 98.98%
- 3Y*
- 60.86%
- 5Y*
- 46.38%
- 10Y*
- 26.53%
WPM vs. ESLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WPM Wheaton Precious Metals Corp. | -0.90% | 110.52% | 15.24% | 27.91% | -7.53% | 4.22% | 41.82% | 54.62% | -10.04% | 16.41% |
ESLT Elbit Systems Ltd | 48.00% | 125.14% | 22.17% | 31.30% | -4.82% | 34.77% | -14.56% | 37.62% | -13.22% | 32.65% |
Correlation
The correlation between WPM and ESLT is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.12 |
Fundamentals
WPM:
$52.82B
ESLT:
$41.10B
WPM:
$3.96
ESLT:
$12.36
WPM:
29.33
ESLT:
69.08
WPM:
0.78
ESLT:
3.27
WPM:
19.23
ESLT:
4.93
WPM:
5.70
ESLT:
9.65
WPM:
$2.75B
ESLT:
$8.23B
WPM:
$2.12B
ESLT:
$2.03B
WPM:
$2.38B
ESLT:
$861.06M
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Return for Risk
WPM vs. ESLT — Risk / Return Rank
WPM
ESLT
WPM vs. ESLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM) and Elbit Systems Ltd (ESLT). 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 | ESLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.38 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 3.83 | -2.99 |
| Martin ratioReturn relative to average drawdown | 2.40 | 10.61 | -8.21 |
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Drawdowns
WPM vs. ESLT - Drawdown Comparison
The maximum WPM drawdown since its inception was -48.64%, smaller than the maximum ESLT drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for WPM and ESLT.
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Drawdown Indicators
| WPM | ESLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.64% | -53.79% | +5.15% |
Max Drawdown (1Y)Largest decline over 1 year | -34.92% | -25.98% | -8.94% |
Max Drawdown (3Y)Largest decline over 3 years | -34.92% | -25.98% | -8.94% |
Max Drawdown (5Y)Largest decline over 5 years | -43.29% | -32.89% | -10.40% |
Max Drawdown (10Y)Largest decline over 10 years | -48.64% | -32.89% | -15.75% |
Current DrawdownCurrent decline from peak | -29.73% | -15.71% | -14.02% |
Average DrawdownAverage peak-to-trough decline | -18.87% | -13.91% | -4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.22% | 9.36% | +2.86% |
Volatility
WPM vs. ESLT - Volatility Comparison
The current volatility for Wheaton Precious Metals Corp. (WPM) is 16.76%, while Elbit Systems Ltd (ESLT) has a volatility of 19.89%. This indicates that WPM experiences smaller price fluctuations and is considered to be less risky than ESLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPM | ESLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.76% | 19.89% | -3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 39.19% | 35.93% | +3.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.96% | 44.11% | +1.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.44% | 33.66% | +1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.78% | 29.42% | +7.36% |
Dividends
WPM vs. ESLT - Dividend Comparison
WPM's dividend yield for the trailing twelve months is around 0.62%, more than ESLT's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 0.36% | 0.47% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% |
WPM Wheaton Precious Metals Corp. | 0.62% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 0.00% |
Financials
WPM vs. ESLT - Financials Comparison
This section allows you to compare key financial metrics between Wheaton Precious Metals Corp. and Elbit Systems Ltd. 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 vs. ESLT - Profitability Comparison
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%.
ESLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a gross profit of 552.06M and revenue of 2.19B. Therefore, the gross margin over that period was 25.2%.
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%.
ESLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported an operating income of 205.13M and revenue of 2.19B, resulting in an operating margin of 9.4%.
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%.
ESLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a net income of 160.79M and revenue of 2.19B, resulting in a net margin of 7.4%.
Frequently Asked Questions
WPM and ESLT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESLT has higher volatility (19.89%) compared to WPM (16.76%). In terms of maximum drawdown, WPM dropped -48.64% vs ESLT's -53.79%.
ESLT currently has the higher Sharpe Ratio (2.26 vs 0.64), 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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