WT vs. PAF.L
WT (WisdomTree Inc.) and PAF.L (Pan African Resources plc) are both stocks. WT operates in Asset Management (Financial Services), while PAF.L operates in Gold (Basic Materials). Over the past 10 years, WT returned 8.07%/yr vs 23.78%/yr for PAF.L. At a 0.08 correlation, their price movements are largely independent.
Performance
WT vs. PAF.L - Performance Comparison
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Different Trading Currencies
WT is traded in USD, while PAF.L is traded in GBp. To make them comparable, the PAF.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WT achieves a 47.93% return, which is significantly higher than PAF.L's -10.01% return. Over the past 10 years, WT has underperformed PAF.L with an annualized return of 8.07%, while PAF.L has yielded a comparatively higher 23.78% annualized return.
WT
- 1D
- 3.99%
- 1M
- -9.29%
- YTD
- 47.93%
- 6M
- 52.43%
- 1Y
- 80.10%
- 3Y*
- 36.20%
- 5Y*
- 22.72%
- 10Y*
- 8.07%
PAF.L
- 1D
- 5.45%
- 1M
- -27.78%
- YTD
- -10.01%
- 6M
- -1.41%
- 1Y
- 128.87%
- 3Y*
- 112.79%
- 5Y*
- 45.23%
- 10Y*
- 23.78%
WT vs. PAF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WT WisdomTree Inc. | 47.93% | 17.38% | 53.55% | 29.56% | -8.94% | 16.57% | 14.13% | -25.75% | -46.31% | 16.47% |
PAF.L Pan African Resources plc | -10.01% | 285.04% | 105.84% | 11.99% | -6.99% | -26.45% | 109.18% | 46.45% | -38.63% | -3.35% |
Correlation
The correlation between WT and PAF.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.08 |
The correlation between WT and PAF.L shifts across timeframes, from 0.08 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
WT:
$2.48B
PAF.L:
£2.21B
WT:
$0.43
PAF.L:
$0.29
WT:
42.03
PAF.L:
4.95
WT:
0.87
PAF.L:
0.01
WT:
4.73
PAF.L:
1.51
WT:
5.22
PAF.L:
4.29
WT:
$545.14M
PAF.L:
$1.03B
WT:
$383.12M
PAF.L:
$489.97M
WT:
$136.90M
PAF.L:
$528.52M
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Return for Risk
WT vs. PAF.L — Risk / Return Rank
WT
PAF.L
WT vs. PAF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Inc. (WT) and Pan African Resources plc (PAF.L). 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.
| WT | PAF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.34 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 2.85 | +0.05 |
| Martin ratioReturn relative to average drawdown | 6.89 | 9.31 | -2.42 |
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Drawdowns
WT vs. PAF.L - Drawdown Comparison
The maximum WT drawdown since its inception was -99.92%, which is greater than PAF.L's maximum drawdown of -86.42%. Use the drawdown chart below to compare losses from any high point for WT and PAF.L.
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Drawdown Indicators
| WT | PAF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.92% | -86.42% | -13.50% |
Max Drawdown (1Y)Largest decline over 1 year | -26.67% | -44.89% | +18.22% |
Max Drawdown (3Y)Largest decline over 3 years | -36.94% | -44.89% | +7.95% |
Max Drawdown (5Y)Largest decline over 5 years | -36.94% | -49.04% | +12.10% |
Max Drawdown (10Y)Largest decline over 10 years | -83.95% | -70.44% | -13.51% |
Current DrawdownCurrent decline from peak | -12.50% | -40.40% | +27.90% |
Average DrawdownAverage peak-to-trough decline | -60.16% | -32.79% | -27.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.20% | 13.79% | -2.59% |
Volatility
WT vs. PAF.L - Volatility Comparison
The current volatility for WisdomTree Inc. (WT) is 11.00%, while Pan African Resources plc (PAF.L) has a volatility of 22.46%. This indicates that WT experiences smaller price fluctuations and is considered to be less risky than PAF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WT | PAF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.00% | 22.46% | -11.46% |
Volatility (6M)Calculated over the trailing 6-month period | 31.11% | 45.95% | -14.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.43% | 55.63% | -18.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.39% | 50.32% | -17.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.93% | 55.08% | -12.15% |
Dividends
WT vs. PAF.L - Dividend Comparison
WT's dividend yield for the trailing twelve months is around 0.67%, less than PAF.L's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAF.L Pan African Resources plc | 2.00% | 1.35% | 2.79% | 4.52% | 5.25% | 5.09% | 2.92% | 0.98% | 0.00% | 3.38% | 5.67% | 6.83% |
WT WisdomTree Inc. | 0.67% | 0.98% | 1.14% | 1.73% | 2.20% | 1.96% | 2.24% | 2.48% | 1.80% | 2.55% | 2.87% | 3.64% |
Financials
WT vs. PAF.L - Financials Comparison
This section allows you to compare key financial metrics between WisdomTree Inc. and Pan African Resources plc. 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
WT vs. PAF.L - Profitability Comparison
WT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, WisdomTree Inc. reported a gross profit of 123.69M and revenue of 159.47M. Therefore, the gross margin over that period was 77.6%.
PAF.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported a gross profit of 264.90M and revenue of 489.40M. Therefore, the gross margin over that period was 54.1%.
WT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, WisdomTree Inc. reported an operating income of 61.28M and revenue of 159.47M, resulting in an operating margin of 38.4%.
PAF.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported an operating income of 257.33M and revenue of 489.40M, resulting in an operating margin of 52.6%.
WT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, WisdomTree Inc. reported a net income of -23.13M and revenue of 159.47M, resulting in a net margin of -14.5%.
PAF.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported a net income of 148.68M and revenue of 489.40M, resulting in a net margin of 30.4%.
Frequently Asked Questions
WT and PAF.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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