WPM vs. SCHB
Compare and contrast key facts about Wheaton Precious Metals Corp. (WPM) and Schwab U.S. Broad Market ETF (SCHB).
SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPM or SCHB.
Key characteristics
| WPM | SCHB | |
|---|---|---|
| YTD Return | 32.49% | 28.85% |
| 1Y Return | 52.76% | 44.58% |
| 3Y Return (Ann) | 17.04% | 10.95% |
| 5Y Return (Ann) | 21.38% | 17.92% |
| 10Y Return (Ann) | 14.84% | 15.22% |
| Sharpe Ratio | 1.88 | 3.41 |
| Sortino Ratio | 2.46 | 4.50 |
| Omega Ratio | 1.31 | 1.64 |
| Calmar Ratio | 2.03 | 5.08 |
| Martin Ratio | 7.98 | 22.40 |
| Ulcer Index | 6.85% | 1.94% |
| Daily Std Dev | 29.01% | 12.72% |
| Max Drawdown | -86.74% | -35.27% |
| Current Drawdown | -5.41% | 0.00% |
Correlation
The correlation between WPM and SCHB is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WPM vs. SCHB - Performance Comparison
In the year-to-date period, WPM achieves a 32.49% return, which is significantly higher than SCHB's 28.85% return. Both investments have delivered pretty close results over the past 10 years, with WPM having a 14.84% annualized return and SCHB not far ahead at 15.22%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WPM vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM) and Schwab U.S. Broad Market ETF (SCHB). 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.
Dividends
WPM vs. SCHB - Dividend Comparison
WPM's dividend yield for the trailing twelve months is around 0.95%, less than SCHB's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPM Wheaton Precious Metals Corp. | 0.95% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 1.61% | 1.28% | 2.23% |
SCHB Schwab U.S. Broad Market ETF | 1.18% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 1.86% | 2.00% | 1.72% | 1.63% |
Drawdowns
WPM vs. SCHB - Drawdown Comparison
The maximum WPM drawdown since its inception was -86.74%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for WPM and SCHB. For additional features, visit the drawdowns tool.
Volatility
WPM vs. SCHB - Volatility Comparison
Wheaton Precious Metals Corp. (WPM) has a higher volatility of 8.92% compared to Schwab U.S. Broad Market ETF (SCHB) at 4.09%. This indicates that WPM's price experiences larger fluctuations and is considered to be riskier than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.