AGI vs. AEM
AGI (Alamos Gold Inc.) and AEM (Agnico Eagle Mines Limited) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, AGI returned 18.83%/yr vs 15.27%/yr for AEM. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
AGI vs. AEM - Performance Comparison
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Returns By Period
In the year-to-date period, AGI achieves a -1.94% return, which is significantly lower than AEM's 1.68% return. Over the past 10 years, AGI has outperformed AEM with an annualized return of 18.83%, while AEM has yielded a comparatively lower 15.27% annualized return.
AGI
- 1D
- -4.57%
- 1M
- -3.23%
- YTD
- -1.94%
- 6M
- 5.72%
- 1Y
- 40.92%
- 3Y*
- 46.25%
- 5Y*
- 34.47%
- 10Y*
- 18.83%
AEM
- 1D
- -4.07%
- 1M
- -4.37%
- YTD
- 1.68%
- 6M
- 1.89%
- 1Y
- 41.42%
- 3Y*
- 51.78%
- 5Y*
- 22.28%
- 10Y*
- 15.27%
AGI vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGI Alamos Gold Inc. | -1.94% | 109.93% | 37.72% | 34.33% | 33.11% | -11.00% | 46.75% | 68.42% | -44.49% | -4.57% |
AEM Agnico Eagle Mines Limited | 1.68% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 54.18% | -11.51% | 10.92% |
Correlation
The correlation between AGI and AEM is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2003 | 0.60 |
Over the past year, AGI and AEM have become more correlated (0.83) than their long-term average of 0.60, meaning their price movements have been converging.
Fundamentals
AGI:
$15.94B
AEM:
$86.12B
AGI:
$2.52
AEM:
$10.60
AGI:
15.03
AEM:
16.20
AGI:
0.10
AEM:
0.25
AGI:
7.72
AEM:
6.39
AGI:
3.45
AEM:
3.28
AGI:
$2.07B
AEM:
$13.51B
AGI:
$1.22B
AEM:
$8.28B
AGI:
$1.43B
AEM:
$9.72B
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Return for Risk
AGI vs. AEM — Risk / Return Rank
AGI
AEM
AGI vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alamos Gold Inc. (AGI) and Agnico Eagle Mines Limited (AEM). 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.
| AGI | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.19 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 1.31 | -0.01 |
| Martin ratioReturn relative to average drawdown | 3.23 | 3.29 | -0.06 |
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
| AGI | AEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.97 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.61 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.41 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.17 | +0.15 |
Drawdowns
AGI vs. AEM - Drawdown Comparison
The maximum AGI drawdown since its inception was -88.13%, roughly equal to the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for AGI and AEM.
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Drawdown Indicators
| AGI | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.13% | -90.49% | +2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -31.63% | -31.77% | +0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -31.63% | -31.77% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -31.63% | -46.22% | +14.59% |
Max Drawdown (10Y)Largest decline over 10 years | -71.13% | -53.86% | -17.27% |
Current DrawdownCurrent decline from peak | -31.63% | -31.77% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -37.74% | -46.66% | +8.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.70% | 12.61% | +0.09% |
Volatility
AGI vs. AEM - Volatility Comparison
Alamos Gold Inc. (AGI) has a higher volatility of 16.39% compared to Agnico Eagle Mines Limited (AEM) at 13.70%. This indicates that AGI's price experiences larger fluctuations and is considered to be riskier than AEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGI | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.39% | 13.70% | +2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 41.61% | 34.59% | +7.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.44% | 43.02% | +7.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.12% | 36.80% | +4.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.37% | 37.22% | +11.15% |
Dividends
AGI vs. AEM - Dividend Comparison
AGI's dividend yield for the trailing twelve months is around 0.30%, less than AEM's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 0.99% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
AGI Alamos Gold Inc. | 0.30% | 0.26% | 0.54% | 0.74% | 0.99% | 1.30% | 0.74% | 0.66% | 0.56% | 0.31% | 0.29% | 1.22% |
Financials
AGI vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between Alamos Gold Inc. and Agnico Eagle Mines Limited. 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
AGI vs. AEM - Profitability Comparison
AGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alamos Gold Inc. reported a gross profit of 376.02M and revenue of 588.43M. Therefore, the gross margin over that period was 63.9%.
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%.
AGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alamos Gold Inc. reported an operating income of 337.66M and revenue of 588.43M, resulting in an operating margin of 57.4%.
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%.
AGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alamos Gold Inc. reported a net income of 188.75M and revenue of 588.43M, resulting in a net margin of 32.1%.
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%.
Frequently Asked Questions
AGI and AEM have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGI has higher volatility (16.39%) compared to AEM (13.70%). In terms of maximum drawdown, AGI dropped -88.13% vs AEM's -90.49%.
AEM currently has the higher Sharpe Ratio (0.97 vs 0.82), 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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