AEM vs. DPM.TO
AEM (Agnico Eagle Mines Limited) and DPM.TO (Dundee Precious Metals Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, AEM returned 14.70%/yr vs 30.27%/yr for DPM.TO. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
AEM vs. DPM.TO - Performance Comparison
Loading charts...
Different Trading Currencies
AEM is traded in USD, while DPM.TO is traded in CAD. To make them comparable, the DPM.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AEM achieves a -3.66% return, which is significantly lower than DPM.TO's 3.16% return. Over the past 10 years, AEM has underperformed DPM.TO with an annualized return of 14.70%, while DPM.TO has yielded a comparatively higher 30.27% annualized return.
AEM
- 1D
- 3.09%
- 1M
- -16.80%
- YTD
- -3.66%
- 6M
- -2.93%
- 1Y
- 34.46%
- 3Y*
- 50.92%
- 5Y*
- 20.78%
- 10Y*
- 14.70%
DPM.TO
- 1D
- 0.84%
- 1M
- -8.93%
- YTD
- 3.16%
- 6M
- 8.99%
- 1Y
- 114.01%
- 3Y*
- 68.55%
- 5Y*
- 38.11%
- 10Y*
- 30.27%
AEM vs. DPM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | -3.66% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 54.18% | -11.51% | 10.92% |
DPM.TO Dundee Precious Metals Inc. | 3.16% | 243.85% | 44.46% | 36.71% | -19.36% | -13.14% | 70.61% | 61.66% | 10.69% | 43.02% |
Correlation
The correlation between AEM and DPM.TO is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.52 |
The correlation between AEM and DPM.TO shifts across timeframes, from 0.52 (all time) to 0.67 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AEM:
$81.60B
DPM.TO:
CA$9.88B
AEM:
$10.60
DPM.TO:
$2.55
AEM:
15.35
DPM.TO:
12.50
AEM:
0.24
DPM.TO:
0.13
AEM:
6.06
DPM.TO:
5.89
AEM:
3.11
DPM.TO:
2.61
AEM:
$13.51B
DPM.TO:
$1.07B
AEM:
$8.28B
DPM.TO:
$647.81M
AEM:
$9.72B
DPM.TO:
$688.93M
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 vs. DPM.TO — Risk / Return Rank
AEM
DPM.TO
AEM vs. DPM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM) and Dundee Precious Metals Inc. (DPM.TO). 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 | DPM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.64 | ||
| Sortino ratioReturn per unit of downside risk | -1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.38 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 3.49 | -2.61 |
| Martin ratioReturn relative to average drawdown | 2.48 | 9.81 | -7.33 |
Loading charts...
Drawdowns
AEM vs. DPM.TO - Drawdown Comparison
The maximum AEM drawdown since its inception was -90.49%, roughly equal to the maximum DPM.TO drawdown of -94.71%. Use the drawdown chart below to compare losses from any high point for AEM and DPM.TO.
Loading charts...
Drawdown Indicators
| AEM | DPM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -94.71% | +4.22% |
Max Drawdown (1Y)Largest decline over 1 year | -39.39% | -32.84% | -6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -39.39% | -32.84% | -6.55% |
Max Drawdown (5Y)Largest decline over 5 years | -45.03% | -46.66% | +1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -53.86% | -52.99% | -0.87% |
Current DrawdownCurrent decline from peak | -35.35% | -26.45% | -8.90% |
Average DrawdownAverage peak-to-trough decline | -46.65% | -48.55% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.93% | 11.66% | +2.27% |
Volatility
AEM vs. DPM.TO - Volatility Comparison
The current volatility for Agnico Eagle Mines Limited (AEM) is 15.31%, while Dundee Precious Metals Inc. (DPM.TO) has a volatility of 19.26%. This indicates that AEM experiences smaller price fluctuations and is considered to be less risky than DPM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AEM | DPM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.31% | 19.26% | -3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 36.02% | 39.86% | -3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.06% | 47.19% | -3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.06% | 39.27% | -2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.35% | 47.64% | -10.29% |
Dividends
AEM vs. DPM.TO - Dividend Comparison
AEM's dividend yield for the trailing twelve months is around 1.05%, more than DPM.TO's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 1.05% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
DPM.TO Dundee Precious Metals Inc. | 0.49% | 0.52% | 1.69% | 2.52% | 2.90% | 1.53% | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AEM vs. DPM.TO - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and Dundee Precious Metals 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
AEM vs. DPM.TO - Profitability Comparison
AEM - 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%.
DPM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a gross profit of 223.10M and revenue of 310.36M. Therefore, the gross margin over that period was 71.9%.
AEM - 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%.
DPM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported an operating income of 183.99M and revenue of 310.36M, resulting in an operating margin of 59.3%.
AEM - 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%.
DPM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a net income of 165.91M and revenue of 310.36M, resulting in a net margin of 53.5%.
Frequently Asked Questions
AEM and DPM.TO have a correlation of 0.67, 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 and DPM.TO
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