AEM vs. RHM.DE
AEM (Agnico Eagle Mines Limited) and RHM.DE (Rheinmetall AG) are both stocks. AEM operates in Gold (Basic Materials), while RHM.DE operates in Aerospace & Defense (Industrials). Over the past 10 years, AEM returned 14.70%/yr vs 38.99%/yr for RHM.DE. At a 0.14 correlation, their price movements are largely independent.
Performance
AEM vs. RHM.DE - Performance Comparison
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Different Trading Currencies
AEM is traded in USD, while RHM.DE is traded in EUR. To make them comparable, the RHM.DE 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 higher than RHM.DE's -23.20% return. Over the past 10 years, AEM has underperformed RHM.DE with an annualized return of 14.70%, while RHM.DE has yielded a comparatively higher 38.99% 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%
RHM.DE
- 1D
- -1.29%
- 1M
- 6.14%
- YTD
- -23.20%
- 6M
- -25.88%
- 1Y
- -30.42%
- 3Y*
- 74.89%
- 5Y*
- 70.12%
- 10Y*
- 38.99%
AEM vs. RHM.DE - 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% |
RHM.DE Rheinmetall AG | -23.20% | 188.18% | 104.13% | 61.77% | 115.57% | -9.52% | -3.88% | 32.69% | -29.51% | 92.32% |
Correlation
The correlation between AEM and RHM.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.14 |
The correlation between AEM and RHM.DE shifts across timeframes, from 0.12 (10 years) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AEM vs. RHM.DE — Risk / Return Rank
AEM
RHM.DE
AEM vs. RHM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM) and Rheinmetall AG (RHM.DE). 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 | RHM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.91 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | -0.70 | +1.57 |
| Martin ratioReturn relative to average drawdown | 2.48 | -1.51 | +3.99 |
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Drawdowns
AEM vs. RHM.DE - Drawdown Comparison
The maximum AEM drawdown since its inception was -90.49%, which is greater than RHM.DE's maximum drawdown of -78.19%. Use the drawdown chart below to compare losses from any high point for AEM and RHM.DE.
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Drawdown Indicators
| AEM | RHM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -78.19% | -12.30% |
Max Drawdown (1Y)Largest decline over 1 year | -39.39% | -43.61% | +4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -39.39% | -43.61% | +4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -45.03% | -43.61% | -1.42% |
Max Drawdown (10Y)Largest decline over 10 years | -53.86% | -66.25% | +12.39% |
Current DrawdownCurrent decline from peak | -35.35% | -39.60% | +4.25% |
Average DrawdownAverage peak-to-trough decline | -46.65% | -23.94% | -22.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.93% | 20.10% | -6.17% |
Volatility
AEM vs. RHM.DE - Volatility Comparison
Agnico Eagle Mines Limited (AEM) has a higher volatility of 15.31% compared to Rheinmetall AG (RHM.DE) at 11.77%. This indicates that AEM's price experiences larger fluctuations and is considered to be riskier than RHM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEM | RHM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.31% | 11.77% | +3.54% |
Volatility (6M)Calculated over the trailing 6-month period | 36.02% | 34.25% | +1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.06% | 45.54% | -1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.06% | 42.88% | -5.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.35% | 38.75% | -1.40% |
Dividends
AEM vs. RHM.DE - Dividend Comparison
AEM's dividend yield for the trailing twelve months is around 1.05%, more than RHM.DE's 0.95% 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% |
RHM.DE Rheinmetall AG | 0.95% | 0.52% | 0.93% | 1.50% | 1.77% | 2.41% | 2.77% | 2.05% | 2.20% | 1.37% | 1.72% | 0.49% |
Financials
AEM vs. RHM.DE - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and Rheinmetall AG. 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 and RHM.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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