AG vs. B
AG (First Majestic Silver Corp.) and B (Barrick Mining Corporation) are both stocks. Both are in the Basic Materials sector — AG in Silver, B in Gold. Over the past 10 years, AG returned 3.24%/yr vs 8.94%/yr for B. A 0.72 correlation means they provide meaningful diversification when combined.
Performance
AG vs. B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AG achieves a 6.49% return, which is significantly higher than B's -6.66% return. Over the past 10 years, AG has underperformed B with an annualized return of 3.24%, while B has yielded a comparatively higher 8.94% annualized return.
AG
- 1D
- -1.56%
- 1M
- -8.89%
- YTD
- 6.49%
- 6M
- 1.26%
- 1Y
- 119.23%
- 3Y*
- 49.69%
- 5Y*
- 2.69%
- 10Y*
- 3.24%
B
- 1D
- -0.50%
- 1M
- -0.91%
- YTD
- -6.66%
- 6M
- -10.84%
- 1Y
- 96.07%
- 3Y*
- 37.72%
- 5Y*
- 16.65%
- 10Y*
- 8.94%
AG vs. B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | 6.49% | 204.32% | -10.47% | -25.99% | -24.73% | -17.24% | 9.62% | 108.15% | -12.61% | -11.66% |
B Barrick Mining Corporation | -6.66% | 186.91% | -12.29% | 7.86% | -6.81% | -14.75% | 24.60% | 38.45% | -5.01% | -8.80% |
Correlation
The correlation between AG and B is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2010 | 0.72 |
The correlation between AG and B has been stable across timeframes, ranging from 0.69 to 0.72 - a consistent structural relationship.
Fundamentals
AG:
$8.89B
B:
$67.23B
AG:
$0.60
B:
$3.59
AG:
29.72
B:
11.17
AG:
0.53
B:
1.13
AG:
5.86
B:
3.58
AG:
3.06
B:
2.45
AG:
$1.49B
B:
$19.00B
AG:
$646.49M
B:
$10.32B
AG:
$824.25M
B:
$12.63B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AG vs. B — Risk / Return Rank
AG
B
AG vs. B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Majestic Silver Corp. (AG) and Barrick Mining Corporation (B). 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 | B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.34 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | 3.30 | -0.94 |
| Martin ratioReturn relative to average drawdown | 5.56 | 7.70 | -2.14 |
Loading charts...
Drawdowns
AG vs. B - Drawdown Comparison
The maximum AG drawdown since its inception was -90.20%, roughly equal to the maximum B drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for AG and B.
Loading charts...
Drawdown Indicators
| AG | B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.20% | -88.51% | -1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -50.88% | -29.31% | -21.57% |
Max Drawdown (3Y)Largest decline over 3 years | -50.88% | -29.31% | -21.57% |
Max Drawdown (5Y)Largest decline over 5 years | -73.31% | -47.96% | -25.35% |
Max Drawdown (10Y)Largest decline over 10 years | -80.82% | -57.13% | -23.69% |
Current DrawdownCurrent decline from peak | -44.59% | -23.28% | -21.31% |
Average DrawdownAverage peak-to-trough decline | -59.15% | -37.27% | -21.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.53% | 12.53% | +9.00% |
Volatility
AG vs. B - Volatility Comparison
First Majestic Silver Corp. (AG) has a higher volatility of 23.37% compared to Barrick Mining Corporation (B) at 14.83%. This indicates that AG's price experiences larger fluctuations and is considered to be riskier than B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AG | B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.37% | 14.83% | +8.54% |
Volatility (6M)Calculated over the trailing 6-month period | 58.28% | 35.53% | +22.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.33% | 45.59% | +28.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.83% | 36.24% | +25.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.07% | 36.87% | +25.20% |
Dividends
AG vs. B - Dividend Comparison
AG's dividend yield for the trailing twelve months is around 0.20%, less than B's 2.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | 0.20% | 0.12% | 0.33% | 0.34% | 0.31% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
B Barrick Mining Corporation | 2.29% | 1.21% | 2.58% | 2.21% | 3.20% | 2.47% | 1.82% | 0.70% | 1.40% | 0.83% | 0.50% | 1.90% |
Financials
AG vs. B - Financials Comparison
This section allows you to compare key financial metrics between First Majestic Silver Corp. and Barrick Mining Corporation. 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. B - 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%.
B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a gross profit of 2.97B and revenue of 5.18B. Therefore, the gross margin over that period was 57.5%.
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%.
B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported an operating income of 2.94B and revenue of 5.18B, resulting in an operating margin of 56.7%.
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%.
B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a net income of 1.58B and revenue of 5.18B, resulting in a net margin of 30.5%.
Frequently Asked Questions
AG and B have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AG has higher volatility (23.37%) compared to B (14.83%). In terms of maximum drawdown, AG dropped -90.20% vs B's -88.51%.
B currently has the higher Sharpe Ratio (2.12 vs 1.62), 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.
Find the right allocation for AG and B
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer