WYNN vs. LVS

Last updated Jun 3, 2026

WYNN (Wynn Resorts, Limited) and LVS (Las Vegas Sands Corp.) are both stocks. Both operate in the Resorts & Casinos industry within the Consumer Cyclical sector. Over the past 10 years, WYNN returned 1.82%/yr vs 3.57%/yr for LVS. A 0.75 correlation means they provide meaningful diversification when combined.

Performance

WYNN vs. LVS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wynn Resorts, Limited (WYNN) and Las Vegas Sands Corp. (LVS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WYNN achieves a -12.64% return, which is significantly higher than LVS's -20.45% return. Over the past 10 years, WYNN has underperformed LVS with an annualized return of 1.82%, while LVS has yielded a comparatively higher 3.57% annualized return.

WYNN

• 1D: -1.79%
• 1M: -1.02%
• YTD: -12.64%
• 6M: -21.01%
• 1Y: 20.25%
• 3Y*: 2.45%
• 5Y*: -3.48%
• 10Y*: 1.82%

LVS

• 1D: -3.87%
• 1M: -4.24%
• YTD: -20.45%
• 6M: -24.42%
• 1Y: 27.07%
• 3Y*: -2.74%
• 5Y*: -0.91%
• 10Y*: 3.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WYNN vs. LVS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WYNN Wynn Resorts, Limited	-12.64%	41.02%	-4.40%	11.34%	-3.02%	-24.63%	-18.07%	44.99%	-40.18%	98.09%
LVS Las Vegas Sands Corp.	-20.45%	29.45%	6.21%	3.15%	27.71%	-36.85%	-11.95%	39.54%	-21.62%	36.16%

Correlation

The correlation between WYNN and LVS is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 16, 2004	0.75

The correlation between WYNN and LVS shifts across timeframes, from 0.69 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap WYNN : $10.86B LVS : $34.36B
EPS WYNN : $4.10 LVS : $2.70
PE Ratio WYNN : 25.52 LVS : 18.97
PEG Ratio WYNN : 6.76 LVS : 35.55
PS Ratio WYNN : 1.49 LVS : 2.54
Total Revenue (TTM) WYNN : $7.29B LVS : $13.74B
Gross Profit (TTM) WYNN : $2.08B LVS : $3.67B
EBITDA (TTM) WYNN : $1.52B LVS : $4.76B

Return for Risk

WYNN vs. LVS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WYNN

WYNN Risk / Return Rank: 54
WYNN Sharpe Ratio Rank: 60
WYNN Sortino Ratio Rank: 55
WYNN Omega Ratio Rank: 51
WYNN Calmar Ratio Rank: 53
WYNN Martin Ratio Rank: 53

LVS

LVS Risk / Return Rank: 60
LVS Sharpe Ratio Rank: 64
LVS Sortino Ratio Rank: 58
LVS Omega Ratio Rank: 61
LVS Calmar Ratio Rank: 60
LVS Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WYNN vs. LVS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wynn Resorts, Limited (WYNN) and Las Vegas Sands Corp. (LVS). 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.

	WYNN	LVS	Difference
Sharpe ratio Return per unit of total volatility	0.57	0.74	-0.17
Sortino ratio Return per unit of downside risk	1.05	1.20	-0.14
Omega ratio Gain probability vs. loss probability	1.12	1.18	-0.05
Calmar ratio Return relative to maximum drawdown	0.58	0.96	-0.37
Martin ratio Return relative to average drawdown	1.21	1.95	-0.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WYNN vs. LVS - Sharpe Ratio Comparison

The current WYNN Sharpe Ratio is 0.57, which is comparable to the LVS Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of WYNN and LVS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WYNN	LVS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.57	0.74	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	-0.02	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.09	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.05	+0.20

Drawdowns

WYNN vs. LVS - Drawdown Comparison

The maximum WYNN drawdown since its inception was -90.66%, smaller than the maximum LVS drawdown of -99.02%. Use the drawdown chart below to compare losses from any high point for WYNN and LVS.

Drawdown Indicators

	WYNN	LVS	Difference
Max Drawdown Largest peak-to-trough decline	-90.66%	-99.02%	+8.36%
Max Drawdown (1Y) Largest decline over 1 year	-28.44%	-28.08%	-0.36%
Max Drawdown (3Y) Largest decline over 3 years	-38.54%	-48.04%	+9.50%
Max Drawdown (5Y) Largest decline over 5 years	-59.71%	-51.18%	-8.53%
Max Drawdown (10Y) Largest decline over 10 years	-77.40%	-58.77%	-18.63%
Current Drawdown Current decline from peak	-49.24%	-43.75%	-5.49%
Average Drawdown Average peak-to-trough decline	-37.18%	-49.96%	+12.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.71%	13.81%	-0.10%

Volatility

WYNN vs. LVS - Volatility Comparison

Wynn Resorts, Limited (WYNN) has a higher volatility of 10.46% compared to Las Vegas Sands Corp. (LVS) at 9.35%. This indicates that WYNN's price experiences larger fluctuations and is considered to be riskier than LVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WYNN	LVS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.46%	9.35%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	24.08%	25.64%	-1.56%
Volatility (1Y) Calculated over the trailing 1-year period	35.53%	36.52%	-0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.68%	40.85%	+0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.98%	38.88%	+8.10%

Dividends

WYNN vs. LVS - Dividend Comparison

WYNN's dividend yield for the trailing twelve months is around 0.96%, less than LVS's 2.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LVS Las Vegas Sands Corp.	2.15%	1.54%	1.56%	0.81%	0.00%	0.00%	1.33%	4.46%	5.76%	4.20%	5.39%	5.93%
WYNN Wynn Resorts, Limited	0.96%	0.83%	1.16%	0.82%	0.00%	0.00%	0.89%	2.70%	2.78%	1.19%	2.31%	4.34%

Financials

WYNN vs. LVS - Profitability Comparison

The chart below illustrates the profitability comparison between Wynn Resorts, Limited and Las Vegas Sands Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WYNN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wynn Resorts, Limited reported a gross profit of 0.00 and revenue of 1.86B. Therefore, the gross margin over that period was 0.0%.

LVS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Las Vegas Sands Corp. reported a gross profit of 1.04B and revenue of 3.59B. Therefore, the gross margin over that period was 29.0%.

WYNN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wynn Resorts, Limited reported an operating income of 282.60M and revenue of 1.86B, resulting in an operating margin of 15.2%.

LVS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Las Vegas Sands Corp. reported an operating income of 916.00M and revenue of 3.59B, resulting in an operating margin of 25.6%.

WYNN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wynn Resorts, Limited reported a net income of 170.80M and revenue of 1.86B, resulting in a net margin of 9.2%.

LVS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Las Vegas Sands Corp. reported a net income of 567.00M and revenue of 3.59B, resulting in a net margin of 15.8%.

Frequently Asked Questions

Can I hold both WYNN and LVS in my portfolio?

WYNN and LVS have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WYNN or LVS?

WYNN has higher volatility (10.46%) compared to LVS (9.35%). In terms of maximum drawdown, WYNN dropped -90.66% vs LVS's -99.02%.

Which has better risk-adjusted returns?

LVS currently has the higher Sharpe Ratio (0.74 vs 0.57), 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.