WRN vs. FMST
WRN (Western Copper and Gold Corporation) and FMST (Foremost Lithium Resource & Technology Ltd. Common stock) are both stocks. Both are in the Basic Materials sector — WRN in Other Industrial Metals & Mining, FMST in Chemicals. Over the past year, WRN returned 66.17% vs -31.01% for FMST. At a 0.21 correlation, their price movements are largely independent.
Performance
WRN vs. FMST - Performance Comparison
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Returns By Period
In the year-to-date period, WRN achieves a -17.23% return, which is significantly lower than FMST's -16.04% return.
WRN
- 1D
- 0.45%
- 1M
- -8.68%
- 6M
- -31.37%
- YTD
- -17.23%
- 1Y
- 66.17%
- 3Y*
- 13.54%
- 5Y*
- 1.81%
- 10Y*
- 8.42%
FMST
- 1D
- 6.59%
- 1M
- 14.10%
- 6M
- -19.09%
- YTD
- -16.04%
- 1Y
- -31.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WRN vs. FMST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WRN Western Copper and Gold Corporation | -17.23% | 159.22% |
FMST Foremost Lithium Resource & Technology Ltd. Common stock | -16.04% | 37.66% |
Correlation
The correlation between WRN and FMST is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025 | 0.21 |
The correlation between WRN and FMST shifts across timeframes, from 0.21 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
WRN:
$498.65M
FMST:
$22.16M
WRN:
-CA$0.02
FMST:
-CA$0.50
WRN:
2.35
FMST:
1.03
WRN:
CA$0.00
FMST:
CA$0.00
WRN:
-CA$113.39K
FMST:
CA$0.00
WRN:
-CA$8.21M
FMST:
-CA$6.08M
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Return for Risk
WRN vs. FMST — Risk / Return Rank
WRN
FMST
WRN vs. FMST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Copper and Gold Corporation (WRN) and Foremost Lithium Resource & Technology Ltd. Common stock (FMST). 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.
| WRN | FMST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.00 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | -0.55 | +1.95 |
| Martin ratioReturn relative to average drawdown | 3.00 | -0.85 | +3.85 |
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Drawdowns
WRN vs. FMST - Drawdown Comparison
The maximum WRN drawdown since its inception was -95.24%, which is greater than FMST's maximum drawdown of -74.54%. Use the drawdown chart below to compare losses from any high point for WRN and FMST.
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Drawdown Indicators
| WRN | FMST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.24% | -74.54% | -20.70% |
Max Drawdown (1Y)Largest decline over 1 year | -48.40% | -67.91% | +19.51% |
Max Drawdown (3Y)Largest decline over 3 years | -48.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.92% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.12% | — | — |
Current DrawdownCurrent decline from peak | -47.89% | -67.16% | +19.27% |
Average DrawdownAverage peak-to-trough decline | -64.32% | -49.95% | -14.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.56% | 44.17% | -21.61% |
Volatility
WRN vs. FMST - Volatility Comparison
The current volatility for Western Copper and Gold Corporation (WRN) is 16.32%, while Foremost Lithium Resource & Technology Ltd. Common stock (FMST) has a volatility of 21.82%. This indicates that WRN experiences smaller price fluctuations and is considered to be less risky than FMST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WRN | FMST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.32% | 21.82% | -5.50% |
Volatility (6M)Calculated over the trailing 6-month period | 54.82% | 59.75% | -4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.49% | 95.68% | -27.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.98% | 118.95% | -61.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.84% | 118.95% | -57.11% |
Dividends
WRN vs. FMST - Dividend Comparison
Neither WRN nor FMST has paid dividends to shareholders.
Financials
WRN vs. FMST - Financials Comparison
This section allows you to compare key financial metrics between Western Copper and Gold Corporation and Foremost Lithium Resource & Technology Ltd. Common stock. 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
Frequently Asked Questions
WRN and FMST have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMST has higher volatility (21.82%) compared to WRN (16.32%). In terms of maximum drawdown, WRN dropped -95.24% vs FMST's -74.54%.
WRN currently has the higher Sharpe Ratio (0.99 vs -0.39), 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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