AEM vs. MRK
AEM (Agnico Eagle Mines Limited) and MRK (Merck & Co., Inc.) are both stocks. AEM operates in Gold (Basic Materials), while MRK operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, AEM returned 14.51%/yr vs 11.61%/yr for MRK. At a 0.02 correlation, their price movements are largely independent.
Performance
AEM vs. MRK - Performance Comparison
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Returns By Period
In the year-to-date period, AEM achieves a -3.97% return, which is significantly lower than MRK's 14.39% return. Over the past 10 years, AEM has outperformed MRK with an annualized return of 14.51%, while MRK has yielded a comparatively lower 11.61% annualized return.
AEM
- 1D
- -0.95%
- 1M
- -15.89%
- YTD
- -3.97%
- 6M
- -1.17%
- 1Y
- 38.70%
- 3Y*
- 49.86%
- 5Y*
- 20.89%
- 10Y*
- 14.51%
MRK
- 1D
- -1.05%
- 1M
- 7.31%
- YTD
- 14.39%
- 6M
- 22.75%
- 1Y
- 56.85%
- 3Y*
- 5.78%
- 5Y*
- 13.57%
- 10Y*
- 11.61%
AEM vs. MRK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | -3.97% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 54.18% | -11.51% | 10.92% |
MRK Merck & Co., Inc. | 14.39% | 9.79% | -6.26% | 1.01% | 49.42% | 1.75% | -7.20% | 22.27% | 39.95% | -1.49% |
Correlation
The correlation between AEM and MRK is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 1984 | 0.02 |
Fundamentals
AEM:
$81.34B
MRK:
$295.45B
AEM:
$10.60
MRK:
$3.58
AEM:
15.30
MRK:
33.34
AEM:
0.24
MRK:
0.03
AEM:
6.04
MRK:
4.54
AEM:
3.10
MRK:
6.44
AEM:
$13.51B
MRK:
$65.59B
AEM:
$8.28B
MRK:
$49.79B
AEM:
$9.72B
MRK:
$22.69B
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Return for Risk
AEM vs. MRK — Risk / Return Rank
AEM
MRK
AEM vs. MRK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM) and Merck & Co., Inc. (MRK). 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 | MRK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.36 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 5.03 | -3.93 |
| Martin ratioReturn relative to average drawdown | 2.96 | 12.59 | -9.63 |
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 | MRK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 2.10 | -1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.58 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.51 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.48 | -0.32 |
Drawdowns
AEM vs. MRK - Drawdown Comparison
The maximum AEM drawdown since its inception was -90.49%, which is greater than MRK's maximum drawdown of -68.61%. Use the drawdown chart below to compare losses from any high point for AEM and MRK.
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Drawdown Indicators
| AEM | MRK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -68.61% | -21.88% |
Max Drawdown (1Y)Largest decline over 1 year | -35.56% | -11.37% | -24.19% |
Max Drawdown (3Y)Largest decline over 3 years | -35.56% | -43.44% | +7.88% |
Max Drawdown (5Y)Largest decline over 5 years | -46.22% | -43.44% | -2.78% |
Max Drawdown (10Y)Largest decline over 10 years | -53.86% | -43.44% | -10.42% |
Current DrawdownCurrent decline from peak | -35.56% | -4.65% | -30.91% |
Average DrawdownAverage peak-to-trough decline | -46.66% | -18.84% | -27.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.12% | 4.53% | +8.59% |
Volatility
AEM vs. MRK - Volatility Comparison
Agnico Eagle Mines Limited (AEM) has a higher volatility of 14.34% compared to Merck & Co., Inc. (MRK) at 9.44%. This indicates that AEM's price experiences larger fluctuations and is considered to be riskier than MRK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEM | MRK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.34% | 9.44% | +4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 35.53% | 18.14% | +17.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.68% | 27.30% | +16.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.98% | 23.71% | +13.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.31% | 22.96% | +14.35% |
Dividends
AEM vs. MRK - Dividend Comparison
AEM's dividend yield for the trailing twelve months is around 1.05%, less than MRK's 2.78% 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% |
MRK Merck & Co., Inc. | 2.78% | 3.12% | 3.14% | 2.72% | 2.52% | 3.41% | 3.03% | 2.48% | 2.60% | 3.36% | 3.14% | 3.43% |
Financials
AEM vs. MRK - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and Merck & Co., 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. MRK - 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%.
MRK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported a gross profit of 13.34B and revenue of 16.29B. Therefore, the gross margin over that period was 81.9%.
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%.
MRK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported an operating income of -1.88B and revenue of 16.29B, resulting in an operating margin of -11.6%.
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%.
MRK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported a net income of -4.24B and revenue of 16.29B, resulting in a net margin of -26.0%.
Frequently Asked Questions
AEM and MRK have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEM has higher volatility (14.34%) compared to MRK (9.44%). In terms of maximum drawdown, AEM dropped -90.49% vs MRK's -68.61%.
MRK currently has the higher Sharpe Ratio (2.10 vs 0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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