AEM.TO vs. CNC.V
AEM.TO (Agnico Eagle Mines Limited) and CNC.V (Canada Nickel Company Inc) are both stocks. Both are in the Basic Materials sector — AEM.TO in Gold, CNC.V in Other Industrial Metals & Mining. Over the past 5 years, AEM.TO returned 24.22%/yr vs -15.98%/yr for CNC.V. At a 0.17 correlation, their price movements are largely independent.
Performance
AEM.TO vs. CNC.V - Performance Comparison
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Returns By Period
In the year-to-date period, AEM.TO achieves a -2.49% return, which is significantly lower than CNC.V's 5.00% return.
AEM.TO
- 1D
- -0.89%
- 1M
- -14.34%
- YTD
- -2.49%
- 6M
- -0.60%
- 1Y
- 41.16%
- 3Y*
- 52.05%
- 5Y*
- 24.22%
- 10Y*
- 15.27%
CNC.V
- 1D
- -2.00%
- 1M
- -12.50%
- YTD
- 5.00%
- 6M
- 20.49%
- 1Y
- 47.00%
- 3Y*
- 4.45%
- 5Y*
- -15.98%
- 10Y*
- —
AEM.TO vs. CNC.V - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AEM.TO Agnico Eagle Mines Limited | -2.49% | 109.63% | 58.54% | 6.65% | 8.01% | -23.56% | 35.37% |
CNC.V Canada Nickel Company Inc | 5.00% | 52.17% | -19.30% | -44.39% | -44.74% | 91.24% | 115.56% |
Correlation
The correlation between AEM.TO and CNC.V is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | 0.17 |
Over the past year, AEM.TO and CNC.V have become more correlated (0.42) than their long-term average of 0.17, meaning their price movements have been converging.
Fundamentals
AEM.TO:
CA$113.39B
CNC.V:
CA$333.53M
AEM.TO:
CA$10.65
CNC.V:
-CA$0.13
AEM.TO:
4.32
CNC.V:
1.39
AEM.TO:
CA$13.56B
CNC.V:
CA$0.00
AEM.TO:
CA$8.26B
CNC.V:
CA$0.00
AEM.TO:
CA$9.54B
CNC.V:
-CA$15.27M
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Return for Risk
AEM.TO vs. CNC.V — Risk / Return Rank
AEM.TO
CNC.V
AEM.TO vs. CNC.V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM.TO) and Canada Nickel Company Inc (CNC.V). 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.
| AEM.TO | CNC.V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.18 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.07 | +0.14 |
| Martin ratioReturn relative to average drawdown | 3.18 | 2.03 | +1.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AEM.TO | CNC.V | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.68 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | -0.27 | +0.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.11 | +0.14 |
Drawdowns
AEM.TO vs. CNC.V - Drawdown Comparison
The maximum AEM.TO drawdown since its inception was -70.33%, smaller than the maximum CNC.V drawdown of -83.14%. Use the drawdown chart below to compare losses from any high point for AEM.TO and CNC.V.
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Drawdown Indicators
| AEM.TO | CNC.V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.33% | -83.14% | +12.81% |
Max Drawdown (1Y)Largest decline over 1 year | -34.29% | -44.09% | +9.80% |
Max Drawdown (3Y)Largest decline over 3 years | -34.29% | -64.25% | +29.96% |
Max Drawdown (5Y)Largest decline over 5 years | -42.35% | -80.68% | +38.33% |
Max Drawdown (10Y)Largest decline over 10 years | -55.07% | — | — |
Current DrawdownCurrent decline from peak | -34.29% | -66.51% | +32.22% |
Average DrawdownAverage peak-to-trough decline | -29.16% | -55.12% | +25.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.96% | 23.20% | -10.24% |
Volatility
AEM.TO vs. CNC.V - Volatility Comparison
Agnico Eagle Mines Limited (AEM.TO) has a higher volatility of 14.83% compared to Canada Nickel Company Inc (CNC.V) at 14.01%. This indicates that AEM.TO's price experiences larger fluctuations and is considered to be riskier than CNC.V 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 | CNC.V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.83% | 14.01% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 34.90% | 49.07% | -14.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.09% | 69.74% | -26.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.05% | 60.42% | -25.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.95% | 76.69% | -40.74% |
Dividends
AEM.TO vs. CNC.V - Dividend Comparison
AEM.TO's dividend yield for the trailing twelve months is around 1.04%, while CNC.V has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM.TO Agnico Eagle Mines Limited | 1.04% | 0.97% | 1.95% | 2.98% | 2.81% | 2.08% | 1.34% | 0.81% | 0.80% | 0.77% | 0.75% | 0.95% |
CNC.V Canada Nickel Company Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AEM.TO vs. CNC.V - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and Canada Nickel Company Inc. 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
Frequently Asked Questions
AEM.TO and CNC.V have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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