TW vs. WSE: Tradeweb Markets vs. Wise Stock Comparison

Company Profile

Tradeweb Markets (TW) and Wise (WSE) both fall under the Financial Services industry group, but TW is classified in Capital Markets while WSE is classified in Financial Services.

Tradeweb Markets (TW) has been public since April 4, 2019 with a meaningfully longer listed history, while Wise (WSE) only listed on May 11, 2026 — long-window metrics on the WSE side should be interpreted with caution.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Wise (WSE) has an aggressive beta of 1.56, indicating higher sensitivity to broad-market moves, while Tradeweb Markets (TW) is defensive at 0.54 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk-Adjusted Performance

Risk-Return Positioning

Both TW and WSE need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Wise (WSE) at 27.23% sits in the top ROE quartile, while Tradeweb Markets (TW) at 14.46% is closer to the peer norm — stronger capital efficiency for WSE.

Tradeweb Markets (TW) at 39.86% retains a top-quartile share of revenue as profit, ahead of Wise (WSE) at 19.93%, which keeps about the industry-typical share.

Wise (WSE) at 59.77% operates in the top operating margin quartile, ahead of Tradeweb Markets (TW) at 43.30%, which runs around its industry’s norm.

Profitability Metrics

Growth

Both Tradeweb Markets (TW) at 18.92% and Wise (WSE) at 17.14% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Tradeweb Markets (TW) at 62.23% sits in the top EPS growth quartile, while Wise (WSE) at -5.78% is closer to the peer norm — faster per-share earnings growth for TW.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Tradeweb Markets (TW) in Financial Services and Wise (WSE) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Tradeweb Markets (TW) in Financial Services and Wise (WSE) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Wise (WSE) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Tradeweb Markets (TW) reports a yield of 0.42%, ranking against industry peers normally.

Wise (WSE) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Tradeweb Markets (TW) reports a payout of 12.68%, ranking against industry peers normally.

Dividend Metrics

Valuation

Wise (WSE) at 23.23 is near its industry’s usual P/E ratio, while Tradeweb Markets (TW) at 29.98 sits in the richer quartile — TW needs stronger growth or earnings quality to justify the premium.

Wise (WSE) at 4.30 prices around its industry’s typical P/S ratio, while Tradeweb Markets (TW) at 12.10 clears its benchmark range — TW looks notably rich on sales.

Both Tradeweb Markets (TW) at 4.03 and Wise (WSE) at 5.94 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

Valuation Metrics