WPM vs. OPRA
WPM (Wheaton Precious Metals Corp.) and OPRA (Opera Limited) are both stocks. WPM operates in Gold (Basic Materials), while OPRA operates in Internet Content & Information (Communication Services). Over the past 5 years, WPM returned 20.12%/yr vs 21.03%/yr for OPRA. Their 0.12 correlation means their historical movements had little consistent relationship.
Performance
WPM vs. OPRA - Performance Comparison
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Returns By Period
In the year-to-date period, WPM achieves a -6.94% return, which is significantly lower than OPRA's 39.94% return.
WPM
- 1D
- -3.84%
- 1M
- -2.16%
- 6M
- -17.07%
- YTD
- -6.94%
- 1Y
- 19.91%
- 3Y*
- 36.80%
- 5Y*
- 20.12%
- 10Y*
- 15.55%
- ALL TIME*
- 24.12%
OPRA
- 1D
- 1.23%
- 1M
- -3.86%
- 6M
- 55.20%
- YTD
- 39.94%
- 1Y
- 19.59%
- 3Y*
- 7.11%
- 5Y*
- 21.03%
- 10Y*
- —
- ALL TIME*
- 7.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
OPRA Opera Limited | $6.13M | $6.32M | $6.70M |
| $176.53M | $177.75M | $238.45M |
WPM vs. OPRA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WPM Wheaton Precious Metals Corp. | -6.94% | 110.52% | 15.24% | 27.91% | -7.53% | 4.22% | 41.82% | 54.62% | -6.80% |
OPRA Opera Limited | 39.94% | -22.08% | 52.02% | 140.60% | -10.91% | -22.67% | -1.30% | 66.37% | -61.23% |
Correlation
The correlation between WPM and OPRA is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2018 | 0.12 |
Fundamentals
WPM:
$49.51B
OPRA:
$1.69B
WPM:
$3.96
OPRA:
$1.26
WPM:
27.55
OPRA:
14.99
WPM:
0.74
OPRA:
0.06
WPM:
18.06
OPRA:
2.66
WPM:
5.35
OPRA:
1.74
WPM:
$2.75B
OPRA:
$647.66M
WPM:
$2.12B
OPRA:
$378.92M
WPM:
$2.38B
OPRA:
$154.47M
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Return for Risk
WPM vs. OPRA — Risk / Return Rank
WPM
OPRA
WPM vs. OPRA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM) and Opera Limited (OPRA). 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 | OPRA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.11 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | 0.48 | +0.06 |
| Martin ratioReturn relative to average drawdown | 1.19 | 0.87 | +0.32 |
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Drawdowns
WPM vs. OPRA - Drawdown Comparison
The maximum WPM drawdown since its inception was -48.64%, smaller than the maximum OPRA drawdown of -72.85%. Use the drawdown chart below to compare losses from any high point for WPM and OPRA.
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Drawdown Indicators
| WPM | OPRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.64% | -72.85% | +24.21% |
Max Drawdown (1Y)Largest decline over 1 year | -37.38% | -41.28% | +3.90% |
Max Drawdown (3Y)Largest decline over 3 years | -37.38% | -43.39% | +6.01% |
Max Drawdown (5Y)Largest decline over 5 years | -43.29% | -61.86% | +18.57% |
Max Drawdown (10Y)Largest decline over 10 years | -48.64% | — | — |
Current DrawdownCurrent decline from peak | -34.01% | -21.19% | -12.82% |
Average DrawdownAverage peak-to-trough decline | -19.03% | -40.75% | +21.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.81% | 22.64% | -5.83% |
Volatility
WPM vs. OPRA - Volatility Comparison
Wheaton Precious Metals Corp. (WPM) and Opera Limited (OPRA) have volatilities of 12.22% and 12.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPM | OPRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.22% | 12.05% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 39.66% | 39.42% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.09% | 52.38% | -5.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.92% | 60.59% | -24.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.82% | 63.99% | -27.17% |
Dividends
WPM vs. OPRA - Dividend Comparison
WPM's dividend yield for the trailing twelve months is around 0.66%, less than OPRA's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
OPRA Opera Limited | 4.23% | 5.65% | 4.22% | 8.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WPM Wheaton Precious Metals Corp. | 0.66% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% |
Financials
WPM vs. OPRA - Financials Comparison
This section allows you to compare key financial metrics between Wheaton Precious Metals Corp. and Opera Limited. 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. OPRA - Profitability Comparison
WPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
OPRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Opera Limited reported a gross profit of 111.02M and revenue of 175.77M. Therefore, the gross margin over that period was 63.2%.
WPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
OPRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Opera Limited reported an operating income of 30.43M and revenue of 175.77M, resulting in an operating margin of 17.3%.
WPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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%.
OPRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Opera Limited reported a net income of 24.79M and revenue of 175.77M, resulting in a net margin of 14.1%.
Frequently Asked Questions
WPM and OPRA have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WPM has higher volatility (12.22%) compared to OPRA (12.05%). In terms of maximum drawdown, WPM dropped -48.64% vs OPRA's -72.85%.
WPM currently has the higher Sharpe Ratio (0.42 vs 0.38), 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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