AEM vs. WDO.TO
AEM (Agnico Eagle Mines Limited) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, AEM returned 14.51%/yr vs 30.09%/yr for WDO.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
AEM vs. WDO.TO - Performance Comparison
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Different Trading Currencies
AEM is traded in USD, while WDO.TO is traded in CAD. To make them comparable, the WDO.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 -3.97% return, which is significantly lower than WDO.TO's 9.05% return. Over the past 10 years, AEM has underperformed WDO.TO with an annualized return of 14.51%, while WDO.TO has yielded a comparatively higher 30.09% 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%
WDO.TO
- 1D
- 2.57%
- 1M
- -11.94%
- YTD
- 9.05%
- 6M
- 16.14%
- 1Y
- 26.00%
- 3Y*
- 49.23%
- 5Y*
- 12.30%
- 10Y*
- 30.09%
AEM vs. WDO.TO - 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% |
WDO.TO Wesdome Gold Mines Ltd. | 9.05% | 84.57% | 54.37% | 5.59% | -38.89% | 8.43% | 6.96% | 139.44% | 93.67% | 8.29% |
Correlation
The correlation between AEM and WDO.TO is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.43 |
Over the past year, AEM and WDO.TO have become more correlated (0.64) than their long-term average of 0.43, meaning their price movements have been converging.
Fundamentals
AEM:
$81.34B
WDO.TO:
CA$3.83B
AEM:
$10.60
WDO.TO:
CA$2.68
AEM:
15.30
WDO.TO:
9.42
AEM:
0.24
WDO.TO:
0.11
AEM:
6.04
WDO.TO:
3.72
AEM:
3.10
WDO.TO:
3.75
AEM:
$13.51B
WDO.TO:
CA$1.03B
AEM:
$8.28B
WDO.TO:
CA$636.67M
AEM:
$9.72B
WDO.TO:
CA$694.56M
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Return for Risk
AEM vs. WDO.TO — Risk / Return Rank
AEM
WDO.TO
AEM vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM) and Wesdome Gold Mines Ltd. (WDO.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.
| AEM | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.13 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.19 | -0.10 |
| Martin ratioReturn relative to average drawdown | 2.96 | 2.35 | +0.61 |
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 | WDO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.51 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.26 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.57 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.20 | -0.04 |
Drawdowns
AEM vs. WDO.TO - Drawdown Comparison
The maximum AEM drawdown since its inception was -90.49%, roughly equal to the maximum WDO.TO drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for AEM and WDO.TO.
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Drawdown Indicators
| AEM | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -89.89% | -0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -35.56% | -21.89% | -13.67% |
Max Drawdown (3Y)Largest decline over 3 years | -35.56% | -24.45% | -11.11% |
Max Drawdown (5Y)Largest decline over 5 years | -46.22% | -64.89% | +18.67% |
Max Drawdown (10Y)Largest decline over 10 years | -53.86% | -64.89% | +11.03% |
Current DrawdownCurrent decline from peak | -35.56% | -19.89% | -15.67% |
Average DrawdownAverage peak-to-trough decline | -46.66% | -37.00% | -9.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.12% | 11.11% | +2.01% |
Volatility
AEM vs. WDO.TO - Volatility Comparison
The current volatility for Agnico Eagle Mines Limited (AEM) is 14.34%, while Wesdome Gold Mines Ltd. (WDO.TO) has a volatility of 19.64%. This indicates that AEM experiences smaller price fluctuations and is considered to be less risky than WDO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEM | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.34% | 19.64% | -5.30% |
Volatility (6M)Calculated over the trailing 6-month period | 35.53% | 40.28% | -4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.68% | 50.96% | -7.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.98% | 48.06% | -11.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.31% | 53.50% | -16.19% |
Dividends
AEM vs. WDO.TO - Dividend Comparison
AEM's dividend yield for the trailing twelve months is around 1.05%, while WDO.TO has not paid dividends to shareholders.
| 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% |
WDO.TO Wesdome Gold Mines Ltd. | 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 vs. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and Wesdome Gold Mines Ltd.. 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. WDO.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%.
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a gross profit of 188.53M and revenue of 299.79M. Therefore, the gross margin over that period was 62.9%.
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%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported an operating income of 177.51M and revenue of 299.79M, resulting in an operating margin of 59.2%.
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%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a net income of 118.88M and revenue of 299.79M, resulting in a net margin of 39.7%.
Frequently Asked Questions
AEM and WDO.TO have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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