WPM vs. GEV
WPM (Wheaton Precious Metals Corp.) and GEV (GE Vernova Inc.) are both stocks. WPM operates in Gold (Basic Materials), while GEV operates in Specialty Industrial Machinery (Industrials). Over the past year, WPM returned 29.24% vs 93.31% for GEV. At a 0.25 correlation, their price movements are largely independent.
Performance
WPM vs. GEV - 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 GEV's 44.12% 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%
GEV
- 1D
- 3.74%
- 1M
- -11.47%
- YTD
- 44.12%
- 6M
- 40.23%
- 1Y
- 93.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WPM vs. GEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WPM Wheaton Precious Metals Corp. | -0.90% | 110.52% | 27.34% |
GEV GE Vernova Inc. | 44.12% | 99.02% | 186.24% |
Correlation
The correlation between WPM and GEV is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.25 |
Fundamentals
WPM:
$52.82B
GEV:
$255.86B
WPM:
$3.96
GEV:
$34.12
WPM:
29.33
GEV:
27.57
WPM:
0.78
GEV:
0.13
WPM:
19.23
GEV:
6.56
WPM:
5.70
GEV:
18.38
WPM:
$2.75B
GEV:
$39.38B
WPM:
$2.12B
GEV:
$7.85B
WPM:
$2.38B
GEV:
$3.32B
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Return for Risk
WPM vs. GEV — Risk / Return Rank
WPM
GEV
WPM vs. GEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM) and GE Vernova Inc. (GEV). 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 | GEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.33 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 3.82 | -2.98 |
| Martin ratioReturn relative to average drawdown | 2.40 | 11.27 | -8.87 |
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Drawdowns
WPM vs. GEV - Drawdown Comparison
The maximum WPM drawdown since its inception was -48.64%, which is greater than GEV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for WPM and GEV.
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Drawdown Indicators
| WPM | GEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.64% | -38.29% | -10.35% |
Max Drawdown (1Y)Largest decline over 1 year | -34.92% | -24.57% | -10.35% |
Max Drawdown (3Y)Largest decline over 3 years | -34.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.64% | — | — |
Current DrawdownCurrent decline from peak | -29.73% | -18.17% | -11.56% |
Average DrawdownAverage peak-to-trough decline | -18.87% | -6.99% | -11.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.22% | 8.31% | +3.91% |
Volatility
WPM vs. GEV - Volatility Comparison
Wheaton Precious Metals Corp. (WPM) has a higher volatility of 16.76% compared to GE Vernova Inc. (GEV) at 13.17%. This indicates that WPM's price experiences larger fluctuations and is considered to be riskier than GEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPM | GEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.76% | 13.17% | +3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 39.19% | 34.45% | +4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.96% | 49.09% | -3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.44% | 53.62% | -18.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.78% | 53.62% | -16.84% |
Dividends
WPM vs. GEV - Dividend Comparison
WPM's dividend yield for the trailing twelve months is around 0.62%, more than GEV's 0.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GEV GE Vernova Inc. | 0.16% | 0.11% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Financials
WPM vs. GEV - Financials Comparison
This section allows you to compare key financial metrics between Wheaton Precious Metals Corp. and GE Vernova 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 vs. GEV - 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%.
GEV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a gross profit of 1.78B and revenue of 9.34B. Therefore, the gross margin over that period was 19.1%.
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%.
GEV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported an operating income of 179.00M and revenue of 9.34B, resulting in an operating margin of 1.9%.
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%.
GEV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a net income of 4.75B and revenue of 9.34B, resulting in a net margin of 50.8%.
Frequently Asked Questions
WPM and GEV have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WPM has higher volatility (16.76%) compared to GEV (13.17%). In terms of maximum drawdown, WPM dropped -48.64% vs GEV's -38.29%.
GEV currently has the higher Sharpe Ratio (1.91 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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