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AEM vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AEM and IVV is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

AEM vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Agnico Eagle Mines Limited (AEM) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

500.00%1,000.00%1,500.00%2,000.00%JulyAugustSeptemberOctoberNovemberDecember
1,613.58%
563.23%
AEM
IVV

Key characteristics

Sharpe Ratio

AEM:

1.59

IVV:

2.25

Sortino Ratio

AEM:

2.09

IVV:

2.98

Omega Ratio

AEM:

1.26

IVV:

1.42

Calmar Ratio

AEM:

1.12

IVV:

3.32

Martin Ratio

AEM:

7.33

IVV:

14.68

Ulcer Index

AEM:

6.56%

IVV:

1.90%

Daily Std Dev

AEM:

30.21%

IVV:

12.43%

Max Drawdown

AEM:

-90.33%

IVV:

-55.25%

Current Drawdown

AEM:

-11.61%

IVV:

-2.52%

Returns By Period

In the year-to-date period, AEM achieves a 45.94% return, which is significantly higher than IVV's 25.92% return. Over the past 10 years, AEM has outperformed IVV with an annualized return of 15.11%, while IVV has yielded a comparatively lower 13.05% annualized return.


AEM

YTD

45.94%

1M

-5.15%

6M

20.99%

1Y

46.53%

5Y*

8.92%

10Y*

15.11%

IVV

YTD

25.92%

1M

0.33%

6M

9.27%

1Y

26.64%

5Y*

14.77%

10Y*

13.05%

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Risk-Adjusted Performance

AEM vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM) and iShares Core S&P 500 ETF (IVV). 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.


Sharpe ratio
The chart of Sharpe ratio for AEM, currently valued at 1.59, compared to the broader market-4.00-2.000.002.001.592.25
The chart of Sortino ratio for AEM, currently valued at 2.09, compared to the broader market-4.00-2.000.002.004.002.092.98
The chart of Omega ratio for AEM, currently valued at 1.26, compared to the broader market0.501.001.502.001.261.42
The chart of Calmar ratio for AEM, currently valued at 1.12, compared to the broader market0.002.004.006.001.123.32
The chart of Martin ratio for AEM, currently valued at 7.33, compared to the broader market-5.000.005.0010.0015.0020.0025.007.3314.68
AEM
IVV

The current AEM Sharpe Ratio is 1.59, which is comparable to the IVV Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of AEM and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.59
2.25
AEM
IVV

Dividends

AEM vs. IVV - Dividend Comparison

AEM's dividend yield for the trailing twelve months is around 2.05%, more than IVV's 1.29% yield.


TTM20232022202120202019201820172016201520142013
AEM
Agnico Eagle Mines Limited
2.05%2.92%3.08%2.63%1.35%1.10%1.09%0.89%0.86%1.22%1.29%3.34%
IVV
iShares Core S&P 500 ETF
1.29%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

AEM vs. IVV - Drawdown Comparison

The maximum AEM drawdown since its inception was -90.33%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for AEM and IVV. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.61%
-2.52%
AEM
IVV

Volatility

AEM vs. IVV - Volatility Comparison

Agnico Eagle Mines Limited (AEM) has a higher volatility of 9.92% compared to iShares Core S&P 500 ETF (IVV) at 3.75%. This indicates that AEM's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
9.92%
3.75%
AEM
IVV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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