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:
1.83
SPY:
0.51
WPM:
2.34
SPY:
0.86
WPM:
1.31
SPY:
1.13
WPM:
3.10
SPY:
0.55
WPM:
7.81
SPY:
2.26
WPM:
7.32%
SPY:
4.55%
WPM:
31.21%
SPY:
20.08%
WPM:
-86.74%
SPY:
-55.19%
WPM:
-4.10%
SPY:
-9.89%
Returns By Period
In the year-to-date period, WPM achieves a 45.49% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, WPM has outperformed SPY with an annualized return of 16.40%, while SPY has yielded a comparatively lower 12.04% annualized return.
WPM
45.49%
6.79%
24.04%
52.70%
17.02%
16.40%
SPY
-5.76%
-2.90%
-4.30%
9.72%
15.64%
12.04%
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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 0.77%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPM Wheaton Precious Metals Corp. | 0.77% | 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 | 1.30% | 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) and SPDR S&P 500 ETF (SPY) have volatilities of 14.60% and 15.12%, 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.