AEM.TO vs. INCY
AEM.TO (Agnico Eagle Mines Limited) and INCY (Incyte Corporation) are both stocks. AEM.TO operates in Gold (Basic Materials), while INCY operates in Biotechnology (Healthcare). Over the past 10 years, AEM.TO returned 15.41%/yr vs 4.02%/yr for INCY. At a 0.05 correlation, their price movements are largely independent.
Performance
AEM.TO vs. INCY - Performance Comparison
Loading charts...
Different Trading Currencies
AEM.TO is traded in CAD, while INCY is traded in USD. To make them comparable, the INCY 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 INCY's 12.23% return. Over the past 10 years, AEM.TO has outperformed INCY with an annualized return of 15.41%, while INCY has yielded a comparatively lower 4.02% 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%
INCY
- 1D
- 0.94%
- 1M
- 12.15%
- YTD
- 12.23%
- 6M
- 15.50%
- 1Y
- 60.48%
- 3Y*
- 22.40%
- 5Y*
- 8.74%
- 10Y*
- 4.02%
AEM.TO vs. INCY - 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% |
INCY Incyte Corporation | 12.23% | 36.47% | 19.32% | -23.68% | 16.36% | -15.65% | -2.75% | 31.66% | -27.21% | -11.94% |
Correlation
The correlation between AEM.TO and INCY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.05 |
Fundamentals
AEM.TO:
CA$114.10B
INCY:
$22.45B
AEM.TO:
$10.65
INCY:
$7.06
AEM.TO:
15.27
INCY:
15.38
AEM.TO:
0.23
INCY:
0.02
AEM.TO:
6.03
INCY:
4.11
AEM.TO:
3.11
INCY:
3.99
AEM.TO:
$13.56B
INCY:
$5.36B
AEM.TO:
$8.26B
INCY:
$3.76B
AEM.TO:
$9.54B
INCY:
$1.80B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AEM.TO vs. INCY — Risk / Return Rank
AEM.TO
INCY
AEM.TO vs. INCY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM.TO) and Incyte Corporation (INCY). 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 | INCY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.32 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 3.23 | -2.23 |
| Martin ratioReturn relative to average drawdown | 2.79 | 7.02 | -4.23 |
Loading charts...
Drawdowns
AEM.TO vs. INCY - Drawdown Comparison
The maximum AEM.TO drawdown since its inception was -70.33%, smaller than the maximum INCY drawdown of -81.92%. Use the drawdown chart below to compare losses from any high point for AEM.TO and INCY.
Loading charts...
Drawdown Indicators
| AEM.TO | INCY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.33% | -81.92% | +11.59% |
Max Drawdown (1Y)Largest decline over 1 year | -38.24% | -18.82% | -19.42% |
Max Drawdown (3Y)Largest decline over 3 years | -38.24% | -32.72% | -5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -41.38% | -39.05% | -2.33% |
Max Drawdown (10Y)Largest decline over 10 years | -55.07% | -65.90% | +10.83% |
Current DrawdownCurrent decline from peak | -33.88% | -26.19% | -7.69% |
Average DrawdownAverage peak-to-trough decline | -29.18% | -36.43% | +7.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.73% | 8.65% | +5.08% |
Volatility
AEM.TO vs. INCY - Volatility Comparison
Agnico Eagle Mines Limited (AEM.TO) has a higher volatility of 15.84% compared to Incyte Corporation (INCY) at 9.56%. This indicates that AEM.TO's price experiences larger fluctuations and is considered to be riskier than INCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AEM.TO | INCY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.84% | 9.56% | +6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 35.38% | 23.35% | +12.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.51% | 33.96% | +9.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.15% | 30.20% | +4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.00% | 35.04% | +0.96% |
Dividends
AEM.TO vs. INCY - Dividend Comparison
AEM.TO's dividend yield for the trailing twelve months is around 1.03%, while INCY 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 | 1.03% | 0.97% | 1.95% | 2.98% | 2.81% | 2.08% | 1.34% | 0.81% | 0.80% | 0.77% | 0.75% | 0.95% |
INCY Incyte Corporation | 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. INCY - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and Incyte 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. INCY - 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%.
INCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a gross profit of 0.00 and revenue of 1.27B. Therefore, the gross margin over that period was 0.0%.
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%.
INCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported an operating income of 301.12M and revenue of 1.27B, resulting in an operating margin of 23.7%.
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%.
INCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a net income of 303.33M and revenue of 1.27B, resulting in a net margin of 23.8%.
Frequently Asked Questions
AEM.TO and INCY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AEM.TO and INCY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer