WPM vs. SPY
Compare and contrast key facts about Wheaton Precious Metals Corp. (WPM) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPM or SPY.
Correlation
The correlation between WPM and SPY is 0.27, 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. SPY - Performance Comparison
Key characteristics
WPM:
0.61
SPY:
2.21
WPM:
0.99
SPY:
2.93
WPM:
1.12
SPY:
1.41
WPM:
0.68
SPY:
3.26
WPM:
2.36
SPY:
14.43
WPM:
7.78%
SPY:
1.90%
WPM:
30.33%
SPY:
12.41%
WPM:
-86.74%
SPY:
-55.19%
WPM:
-16.46%
SPY:
-2.74%
Returns By Period
In the year-to-date period, WPM achieves a 17.02% return, which is significantly lower than SPY's 25.54% return. Both investments have delivered pretty close results over the past 10 years, with WPM having a 12.67% annualized return and SPY not far ahead at 12.97%.
WPM
17.02%
-10.03%
8.27%
15.80%
16.44%
12.67%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WPM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wheaton Precious Metals Corp. (WPM) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
WPM's dividend yield for the trailing twelve months is around 1.09%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPM Wheaton Precious Metals Corp. | 1.09% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 1.61% | 1.28% | 2.23% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
WPM vs. SPY - Drawdown Comparison
The maximum WPM drawdown since its inception was -86.74%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WPM and SPY. For additional features, visit the drawdowns tool.
Volatility
WPM vs. SPY - Volatility Comparison
Wheaton Precious Metals Corp. (WPM) has a higher volatility of 9.91% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that WPM's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.