AEM.TO vs. BNY
AEM.TO (Agnico Eagle Mines Limited) and BNY (The Bank of New York Mellon Corporation) are both stocks. AEM.TO operates in Gold (Basic Materials), while BNY operates in Banks - Diversified (Financial Services). Over the past 10 years, AEM.TO returned 15.41%/yr vs 17.58%/yr for BNY. At a 0.01 correlation, their price movements are largely independent.
Performance
AEM.TO vs. BNY - Performance Comparison
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Different Trading Currencies
AEM.TO is traded in CAD, while BNY is traded in USD. To make them comparable, the BNY values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AEM.TO achieves a -1.88% return, which is significantly lower than BNY's 27.74% return. Over the past 10 years, AEM.TO has underperformed BNY with an annualized return of 15.41%, while BNY has yielded a comparatively higher 17.58% annualized return.
AEM.TO
- 1D
- 3.40%
- 1M
- -15.09%
- YTD
- -1.88%
- 6M
- -1.40%
- 1Y
- 38.18%
- 3Y*
- 53.43%
- 5Y*
- 24.09%
- 10Y*
- 15.41%
BNY
- 1D
- 1.62%
- 1M
- 8.92%
- YTD
- 27.74%
- 6M
- 25.97%
- 1Y
- 67.36%
- 3Y*
- 54.56%
- 5Y*
- 30.57%
- 10Y*
- 17.58%
AEM.TO vs. BNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEM.TO Agnico Eagle Mines Limited | -1.88% | 109.63% | 58.54% | 6.65% | 8.01% | -23.56% | 13.64% | 46.58% | -4.22% | 3.57% |
BNY The Bank of New York Mellon Corporation | 27.74% | 47.40% | 64.76% | 15.70% | -14.02% | 40.48% | -14.97% | 5.04% | -3.35% | 7.84% |
Correlation
The correlation between AEM.TO and BNY is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.01 |
The correlation between AEM.TO and BNY shifts across timeframes, from 0.00 (10 years) to 0.18 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AEM.TO:
CA$114.10B
BNY:
$100.52B
AEM.TO:
$10.65
BNY:
$8.43
AEM.TO:
15.27
BNY:
17.07
AEM.TO:
0.23
BNY:
0.84
AEM.TO:
6.03
BNY:
2.50
AEM.TO:
3.11
BNY:
2.55
AEM.TO:
$13.56B
BNY:
$40.65B
AEM.TO:
$8.26B
BNY:
$20.54B
AEM.TO:
$9.54B
BNY:
$8.96B
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Return for Risk
AEM.TO vs. BNY — Risk / Return Rank
AEM.TO
BNY
AEM.TO vs. BNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM.TO) and The Bank of New York Mellon Corporation (BNY). 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.
| AEM.TO | BNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.53 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 6.45 | -5.44 |
| Martin ratioReturn relative to average drawdown | 2.79 | 19.00 | -16.22 |
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Drawdowns
AEM.TO vs. BNY - Drawdown Comparison
The maximum AEM.TO drawdown since its inception was -70.33%, which is greater than BNY's maximum drawdown of -60.17%. Use the drawdown chart below to compare losses from any high point for AEM.TO and BNY.
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Drawdown Indicators
| AEM.TO | BNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.33% | -60.17% | -10.16% |
Max Drawdown (1Y)Largest decline over 1 year | -38.24% | -10.50% | -27.74% |
Max Drawdown (3Y)Largest decline over 3 years | -38.24% | -19.65% | -18.59% |
Max Drawdown (5Y)Largest decline over 5 years | -41.38% | -35.36% | -6.02% |
Max Drawdown (10Y)Largest decline over 10 years | -55.07% | -45.57% | -9.50% |
Current DrawdownCurrent decline from peak | -33.88% | 0.00% | -33.88% |
Average DrawdownAverage peak-to-trough decline | -29.18% | -17.77% | -11.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.73% | 3.56% | +10.17% |
Volatility
AEM.TO vs. BNY - Volatility Comparison
Agnico Eagle Mines Limited (AEM.TO) has a higher volatility of 15.84% compared to The Bank of New York Mellon Corporation (BNY) at 6.06%. This indicates that AEM.TO's price experiences larger fluctuations and is considered to be riskier than BNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEM.TO | BNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.84% | 6.06% | +9.78% |
Volatility (6M)Calculated over the trailing 6-month period | 35.38% | 16.39% | +18.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.51% | 20.38% | +23.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.15% | 25.40% | +9.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.00% | 27.87% | +8.13% |
Dividends
AEM.TO vs. BNY - Dividend Comparison
AEM.TO's dividend yield for the trailing twelve months is around 1.03%, less than BNY's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM.TO Agnico Eagle Mines Limited | 1.03% | 0.97% | 1.95% | 2.98% | 2.81% | 2.08% | 1.34% | 0.81% | 0.80% | 0.77% | 0.75% | 0.95% |
BNY The Bank of New York Mellon Corporation | 1.47% | 1.72% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% |
Financials
AEM.TO vs. BNY - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and The Bank of New York Mellon Corporation. 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
AEM.TO vs. BNY - Profitability Comparison
AEM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Agnico Eagle Mines Limited reported a gross profit of 2.72B and revenue of 4.10B. Therefore, the gross margin over that period was 66.4%.
BNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.42B and revenue of 9.86B. Therefore, the gross margin over that period was 54.9%.
AEM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Agnico Eagle Mines Limited reported an operating income of 2.56B and revenue of 4.10B, resulting in an operating margin of 62.4%.
BNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported an operating income of 2.02B and revenue of 9.86B, resulting in an operating margin of 20.4%.
AEM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Agnico Eagle Mines Limited reported a net income of 1.70B and revenue of 4.10B, resulting in a net margin of 41.4%.
BNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a net income of 1.63B and revenue of 9.86B, resulting in a net margin of 16.6%.
Frequently Asked Questions
AEM.TO and BNY have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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