Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
The chart shows the growth of an initial investment of $10,000 in Wheaton Precious Metals Corp. Common Stock, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
Wheaton Precious Metals Corp. Common Stock (WPM) has returned 13.92% so far this year and 97.90% over the past 12 months. Looking at the last ten years, WPM has achieved an annualized return of 20.62%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
WPM
1M-10.23%
6M22.46%
YTD13.92%
1Y97.90%
5Y26.47%
10Y20.62%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Wheaton Precious Metals Corp. Common Stock (WPM) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
10.82%
24.23%
-19.95%
0.69%
2025
9.12%
10.80%
11.14%
7.59%
6.80%
1.29%
0.51%
7.57%
9.44%
-14.58%
14.02%
5.30%
2024
-4.87%
-12.88%
13.57%
7.95%
4.91%
-5.24%
13.83%
3.24%
-0.26%
6.85%
-6.13%
-9.00%
2023
14.64%
-8.48%
14.64%
2.45%
-10.04%
-4.84%
3.51%
-0.89%
-8.26%
5.84%
15.33%
0.69%
2022
-4.79%
7.09%
8.14%
-5.16%
-5.58%
-13.29%
-3.46%
-11.39%
7.83%
-1.00%
16.26%
-1.81%
2021
-5.72%
-22.72%
4.68%
6.28%
14.03%
-9.23%
3.61%
-2.53%
-17.12%
6.31%
3.37%
2.26%
2020
-2.32%
-2.66%
-5.75%
36.76%
15.68%
1.69%
23.37%
-1.13%
-10.13%
-7.52%
-16.63%
3.81%
2019
8.27%
3.62%
10.79%
-9.48%
2.31%
7.47%
11.01%
15.11%
-12.27%
7.71%
-0.93%
8.06%
2018
-2.88%
-11.01%
7.44%
1.46%
5.71%
1.10%
-4.69%
-17.72%
3.43%
-5.90%
-6.90%
22.06%
2017
-1.39%
-2.36%
4.42%
2.82%
-8.83%
8.87%
-0.29%
6.65%
Performance Indicators
The charts below present risk-adjusted performance metrics for Wheaton Precious Metals Corp. Common Stock (WPM) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of WPM compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Wheaton Precious Metals Corp. Common Stock volatility is 3.47%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
While the S&P 500 has declined, Canadian mining stocks Agnico Eagle Mines and Wheaton Precious Metals have surged over 19% and 22% respectively in 2026. Agnico Eagle, the world's second-largest gold producer, benefits from low-risk jurisdictions and strong operational efficiency with record earnings. Wheaton Precious Metals, a streaming company, achieved record profits with an 80% revenue increase, capitalizing on fixed purchase costs as gold prices exceed $5,000 per ounce. Both companies increased dividends by double-digit percentages with room for further hikes.
The Motley Fool•James Halley
AI Insight
Record 2025 results with revenue up 80% to $2.3B, net earnings up 178% to $1.5B, and EPS up 178%. Fixed purchase costs near $400/oz allow company to capture ~90% of gold price increases as profit. 18% dividend increase with low payout ratio (21%) indicates sustainability. Diversified streaming portfolio across major mines provides stable revenue streams.
Wheaton Precious Metals Corp. announced an 18% increase to its first quarterly dividend for 2026, raising it to US$0.195 per share from US$0.165 in Q4 2025. The company declared record dividends of US$0.66 per share in 2025. The dividend will be paid on April 10, 2026, to shareholders of record as of March 31, 2026.
Benzinga•Prnewswire
AI Insight
The company announced an 18% increase in quarterly dividend payments and achieved record dividend declarations in 2025, demonstrating strong financial performance and commitment to returning capital to shareholders. This signals confidence in the company's cash generation and operational performance.
The article advises cautious, small allocations to Bitcoin and gold due to their limitations, but recommends precious metals streaming and royalty companies as a better alternative for long-term investors seeking growth and dividends.
The Motley Fool•Reuben Gregg Brewer
AI Insight
Recommended as a top choice among streaming/royalty companies, offering business growth potential, dividend payments, and better returns than direct gold or crypto investments.
YieldMax ETFs launched the YieldMax Strategic Metals & Mining Portfolio Option Income ETF (NYSE: MINY) on February 27, 2026. The fund seeks to generate current income through options-based strategies on strategic metals and mining companies, with Tidal Investments LLC as the investment adviser. The fund's first distribution is expected to be announced on March 10, 2026.
Benzinga•Globe Newswire
AI Insight
Included as a top holding (4.98%) in the MINY portfolio; neutral as it is a portfolio component.
Highlander Silver Corp. has successfully completed its acquisition of Bear Creek Mining Corporation through a plan of arrangement, with Bear Creek becoming a wholly-owned subsidiary. Highlander paid US$6.2 million to Royal Gold and US$1.6 million to Equinox to settle debts, and repaid Wheaton Precious Metals. Bear Creek shares will be delisted from TSX Venture Exchange on or about March 2, 2026. The combined entity will focus on advancing the San Luis gold-silver project in Peru.
Benzinga•Globe Newswire
AI Insight
Received repayment of advance and outstanding interest owed by Bear Creek. Transaction completed as planned with no negative implications.
Tungsten prices have surged fivefold over the past year due to prolonged underinvestment and tightening Chinese exports, with ammonium paratungstate trading at approximately $1,775 per metric tonne unit. Copper prices have jumped above $11,000 per tonne for the first time, with StoneX estimating the copper market deficit will nearly double to 333,000 tonnes in 2026. Major mining companies are advancing critical mineral projects in stable jurisdictions to capitalize on tightening supply fundamentals.
Benzinga•Prnewswire
AI Insight
Acquired additional silver stream on Antamina mine for $4.3 billion, bringing combined share to 67.5% of silver output. Expansion reinforces position as one of the largest silver producers with strong growth profile amid rising demand.
The global precious metals market is projected to grow from USD 640.20 billion in 2026 to USD 1,147.61 billion by 2035, with a CAGR of 6.70%. Asia Pacific dominates with 39.01% volume share, while gold remains the largest segment. Growth is driven by demand in automotive catalysts, electronics, renewable energy, and hydrogen fuel cell technology. Key developments include strategic deals and corporate restructuring among major producers.
GlobeNewswire Inc.•Towards Chemical And Materials
AI Insight
Announced significant silver streaming agreement with BHP in February 2026, doubling exposure to the Antamina mine and positioning the company to benefit from growing industrial demand for silver.
BHP Group reached a record high of $74.27 as copper earnings surpassed iron ore earnings for the first time in the company's 170-year history. This shift reflects growing demand for copper driven by AI data center infrastructure and electrification, supported by the U.S. government's Project Vault strategic minerals reserve. BHP's strong financial position, including a 46% dividend increase and a $4.3 billion silver streaming deal, positions it as a leading play on the copper supercycle.
Investing.com•Jeffrey Neal Johnson
AI Insight
Entered into a $4.3 billion silver streaming deal with BHP, providing upfront cash and demonstrating confidence in BHP's copper expansion projects.
The U.S. launched a $12 billion critical minerals stockpile initiative to secure domestic supply of strategic metals amid geopolitical tensions. Five mining companies are positioned to benefit: GoldHaven Resources announced a $2 million financing for its Magno Polymetallic Project with strong tungsten and silver results; Wheaton Precious Metals secured an expanded $4.3 billion silver stream at Peru's Antamina mine; Capstone Copper guided 2026 production of 200,000-230,000 tonnes; Ivanhoe Mines reported $3.28 billion revenue from its Kamoa-Kakula copper complex; and Taseko Mines commenced production at its Florence Copper operation in Arizona.
Benzinga•Prnewswire
AI Insight
Expanded silver stream agreement worth $4.3 billion securing 67.5% of all silver from Antamina, one of world's largest copper-zinc mines; reinforces position as one of largest silver producers with strong growth profile.
BHP Group reported first-half earnings beating expectations with underlying profit surging 22% to $6.2 billion. For the first time in its 170-year history, copper generated more profit than iron ore, driven by a 32% jump in realized copper prices. This structural shift reflects massive demand from AI infrastructure, electric vehicles, and renewable energy. The company increased its dividend by 46% and is well-positioned to capitalize on forecast higher long-term copper prices.
Investing.com•Jaachi Mbachu, Aci
AI Insight
Signed largest silver streaming agreement ever with BHP worth $4.3 billion, benefits from BHP's monetization strategy and unlocks additional portfolio value
