AG vs. AXGN
AG (First Majestic Silver Corp.) and AXGN (AxoGen, Inc.) are both stocks. AG operates in Silver (Basic Materials), while AXGN operates in Medical Devices (Healthcare). Over the past 10 years, AG returned 2.23%/yr vs 21.80%/yr for AXGN. At a 0.12 correlation, their price movements are largely independent.
Performance
AG vs. AXGN - Performance Comparison
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Returns By Period
In the year-to-date period, AG achieves a -3.49% return, which is significantly lower than AXGN's 36.54% return. Over the past 10 years, AG has underperformed AXGN with an annualized return of 2.23%, while AXGN has yielded a comparatively higher 21.80% annualized return.
AG
- 1D
- -2.67%
- 1M
- -17.43%
- YTD
- -3.49%
- 6M
- -6.57%
- 1Y
- 99.68%
- 3Y*
- 44.86%
- 5Y*
- 0.66%
- 10Y*
- 2.23%
AXGN
- 1D
- -0.58%
- 1M
- 9.27%
- YTD
- 36.54%
- 6M
- 36.08%
- 1Y
- 356.49%
- 3Y*
- 70.67%
- 5Y*
- 15.08%
- 10Y*
- 21.80%
AG vs. AXGN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | -3.49% | 204.32% | -10.47% | -25.99% | -24.73% | -17.24% | 9.62% | 108.15% | -12.61% | -11.66% |
AXGN AxoGen, Inc. | 36.54% | 98.60% | 141.29% | -31.56% | 6.51% | -47.65% | 0.06% | -12.43% | -27.81% | 214.44% |
Correlation
The correlation between AG and AXGN is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2010 | 0.12 |
Fundamentals
AG:
$8.06B
AXGN:
$2.31B
AG:
$0.60
AXGN:
-$0.66
AG:
5.31
AXGN:
8.92
AG:
2.77
AXGN:
9.42
AG:
$1.49B
AXGN:
$238.11M
AG:
$646.49M
AXGN:
$178.61M
AG:
$824.25M
AXGN:
$5.69M
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Return for Risk
AG vs. AXGN — Risk / Return Rank
AG
AXGN
AG vs. AXGN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Majestic Silver Corp. (AG) and AxoGen, Inc. (AXGN). 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.
| AG | AXGN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.36 | ||
| Sortino ratioReturn per unit of downside risk | -4.01 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.75 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 18.61 | -16.64 |
| Martin ratioReturn relative to average drawdown | 4.55 | 64.69 | -60.14 |
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Drawdowns
AG vs. AXGN - Drawdown Comparison
The maximum AG drawdown since its inception was -90.20%, smaller than the maximum AXGN drawdown of -98.49%. Use the drawdown chart below to compare losses from any high point for AG and AXGN.
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Drawdown Indicators
| AG | AXGN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.20% | -98.49% | +8.29% |
Max Drawdown (1Y)Largest decline over 1 year | -50.88% | -19.30% | -31.58% |
Max Drawdown (3Y)Largest decline over 3 years | -50.88% | -61.02% | +10.14% |
Max Drawdown (5Y)Largest decline over 5 years | -73.18% | -83.67% | +10.49% |
Max Drawdown (10Y)Largest decline over 10 years | -80.82% | -93.54% | +12.72% |
Current DrawdownCurrent decline from peak | -49.78% | -20.05% | -29.73% |
Average DrawdownAverage peak-to-trough decline | -59.15% | -64.83% | +5.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.97% | 5.54% | +16.43% |
Volatility
AG vs. AXGN - Volatility Comparison
First Majestic Silver Corp. (AG) has a higher volatility of 24.30% compared to AxoGen, Inc. (AXGN) at 10.81%. This indicates that AG's price experiences larger fluctuations and is considered to be riskier than AXGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AG | AXGN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.30% | 10.81% | +13.49% |
Volatility (6M)Calculated over the trailing 6-month period | 58.67% | 33.36% | +25.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.60% | 53.61% | +20.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.92% | 64.07% | -2.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.08% | 62.09% | -0.01% |
Dividends
AG vs. AXGN - Dividend Comparison
AG's dividend yield for the trailing twelve months is around 0.22%, while AXGN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | 0.22% | 0.12% | 0.33% | 0.34% | 0.31% | 0.14% |
AXGN AxoGen, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AG vs. AXGN - Financials Comparison
This section allows you to compare key financial metrics between First Majestic Silver Corp. and AxoGen, 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
AG vs. AXGN - Profitability Comparison
AG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Majestic Silver Corp. reported a gross profit of 259.78M and revenue of 470.07M. Therefore, the gross margin over that period was 55.3%.
AXGN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AxoGen, Inc. reported a gross profit of 46.19M and revenue of 61.46M. Therefore, the gross margin over that period was 75.2%.
AG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Majestic Silver Corp. reported an operating income of 232.71M and revenue of 470.07M, resulting in an operating margin of 49.5%.
AXGN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AxoGen, Inc. reported an operating income of -2.83M and revenue of 61.46M, resulting in an operating margin of -4.6%.
AG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Majestic Silver Corp. reported a net income of 126.32M and revenue of 470.07M, resulting in a net margin of 26.9%.
AXGN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AxoGen, Inc. reported a net income of -19.58M and revenue of 61.46M, resulting in a net margin of -31.9%.
Frequently Asked Questions
AG and AXGN have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AG has higher volatility (24.30%) compared to AXGN (10.81%). In terms of maximum drawdown, AG dropped -90.20% vs AXGN's -98.49%.
AXGN currently has the higher Sharpe Ratio (6.70 vs 1.34), 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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