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:
0.88
SPY:
2.20
WPM:
1.33
SPY:
2.91
WPM:
1.17
SPY:
1.41
WPM:
1.00
SPY:
3.35
WPM:
3.44
SPY:
13.99
WPM:
7.81%
SPY:
2.01%
WPM:
30.38%
SPY:
12.79%
WPM:
-86.74%
SPY:
-55.19%
WPM:
-15.49%
SPY:
-1.35%
Returns By Period
In the year-to-date period, WPM achieves a 2.72% return, which is significantly higher than SPY's 1.96% return. Over the past 10 years, WPM has underperformed SPY with an annualized return of 11.18%, while SPY has yielded a comparatively higher 13.29% annualized return.
WPM
2.72%
1.16%
-3.23%
26.45%
16.21%
11.18%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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Risk-Adjusted Performance
WPM vs. SPY — Risk-Adjusted Performance Rank
WPM
SPY
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 1.07%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPM Wheaton Precious Metals Corp. | 1.07% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 1.61% | 1.28% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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 7.84% compared to SPDR S&P 500 ETF (SPY) at 5.10%. 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.