AGI vs. PAAS
AGI (Alamos Gold Inc.) and PAAS (Pan American Silver Corp.) are both stocks. Both are in the Basic Materials sector — AGI in Gold, PAAS in Silver. Over the past 10 years, AGI returned 12.25%/yr vs 9.52%/yr for PAAS. Their 0.60 correlation means they have sometimes moved together and sometimes differently.
Performance
AGI vs. PAAS - Performance Comparison
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Returns By Period
In the year-to-date period, AGI achieves a -27.72% return, which is significantly lower than PAAS's -16.30% return. Over the past 10 years, AGI has outperformed PAAS with an annualized return of 12.25%, while PAAS has yielded a comparatively lower 9.52% annualized return.
AGI
- 1D
- -2.01%
- 1M
- -8.18%
- 6M
- -24.43%
- YTD
- -27.72%
- 1Y
- 14.93%
- 3Y*
- 33.49%
- 5Y*
- 28.93%
- 10Y*
- 12.25%
- ALL TIME*
- 16.33%
PAAS
- 1D
- -2.09%
- 1M
- -2.75%
- 6M
- -20.58%
- YTD
- -16.30%
- 1Y
- 61.72%
- 3Y*
- 40.98%
- 5Y*
- 11.18%
- 10Y*
- 9.52%
- ALL TIME*
- 8.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $133.64M | $126.71M | $144.32M | |
| $152.76M | $168.96M | $235.64M |
AGI vs. PAAS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGI Alamos Gold Inc. | -27.72% | 109.93% | 37.72% | 34.33% | 33.11% | -11.00% | 46.75% | 68.42% | -44.49% | -4.57% |
PAAS Pan American Silver Corp. | -16.30% | 160.40% | 26.61% | 2.50% | -33.00% | -26.78% | 46.88% | 63.86% | -5.30% | 3.86% |
Correlation
The correlation between AGI and PAAS is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2003 | 0.60 |
Over the past year, AGI and PAAS have become more correlated (0.85) than their long-term average of 0.60, meaning their price movements have been converging.
Fundamentals
AGI:
$11.69B
PAAS:
$18.16B
AGI:
$2.76
PAAS:
$3.12
AGI:
10.07
PAAS:
13.80
AGI:
0.07
PAAS:
0.08
AGI:
5.32
PAAS:
4.37
AGI:
2.44
PAAS:
2.47
AGI:
$2.21B
PAAS:
$4.02B
AGI:
$1.33B
PAAS:
$1.76B
AGI:
$1.75B
PAAS:
$2.14B
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Return for Risk
AGI vs. PAAS — Risk / Return Rank
AGI
PAAS
AGI vs. PAAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alamos Gold Inc. (AGI) and Pan American Silver Corp. (PAAS). 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.
| AGI | PAAS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.21 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.60 | -1.29 |
| Martin ratioReturn relative to average drawdown | 0.70 | 3.51 | -2.80 |
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Drawdowns
AGI vs. PAAS - Drawdown Comparison
The maximum AGI drawdown since its inception was -88.13%, roughly equal to the maximum PAAS drawdown of -85.10%. Use the drawdown chart below to compare losses from any high point for AGI and PAAS.
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Drawdown Indicators
| AGI | PAAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.13% | -85.10% | -3.03% |
Max Drawdown (1Y)Largest decline over 1 year | -49.60% | -38.84% | -10.76% |
Max Drawdown (3Y)Largest decline over 3 years | -49.60% | -38.84% | -10.76% |
Max Drawdown (5Y)Largest decline over 5 years | -49.60% | -57.39% | +7.79% |
Max Drawdown (10Y)Largest decline over 10 years | -67.81% | -66.74% | -1.07% |
Current DrawdownCurrent decline from peak | -49.60% | -36.88% | -12.72% |
Average DrawdownAverage peak-to-trough decline | -37.77% | -41.61% | +3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.26% | 17.65% | +3.61% |
Volatility
AGI vs. PAAS - Volatility Comparison
Alamos Gold Inc. (AGI) and Pan American Silver Corp. (PAAS) have volatilities of 11.71% and 12.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGI | PAAS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.71% | 12.10% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 44.49% | 43.93% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.01% | 56.24% | -2.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.86% | 48.23% | -6.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.43% | 49.55% | -1.12% |
Dividends
AGI vs. PAAS - Dividend Comparison
AGI's dividend yield for the trailing twelve months is around 0.47%, less than PAAS's 1.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGI Alamos Gold Inc. | 0.47% | 0.26% | 0.54% | 0.74% | 0.99% | 1.30% | 0.74% | 0.66% | 0.56% | 0.31% | 0.29% | 1.22% |
PAAS Pan American Silver Corp. | 1.44% | 0.89% | 1.98% | 2.45% | 2.75% | 1.36% | 0.64% | 0.59% | 0.96% | 0.64% | 0.33% | 4.23% |
Financials
AGI vs. PAAS - Financials Comparison
This section allows you to compare key financial metrics between Alamos Gold Inc. and Pan American Silver Corp.. 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. PAAS - Profitability Comparison
AGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alamos Gold Inc. reported a gross profit of 342.96M and revenue of 579.01M. Therefore, the gross margin over that period was 59.2%.
PAAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Pan American Silver Corp. reported a gross profit of 608.00M and revenue of 1.15B. Therefore, the gross margin over that period was 52.7%.
AGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alamos Gold Inc. reported an operating income of 345.99M and revenue of 579.01M, resulting in an operating margin of 59.8%.
PAAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Pan American Silver Corp. reported an operating income of 560.00M and revenue of 1.15B, resulting in an operating margin of 48.5%.
AGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alamos Gold Inc. reported a net income of 263.53M and revenue of 579.01M, resulting in a net margin of 45.5%.
PAAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Pan American Silver Corp. reported a net income of 457.00M and revenue of 1.15B, resulting in a net margin of 39.6%.
Frequently Asked Questions
AGI and PAAS have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAAS has higher volatility (12.10%) compared to AGI (11.71%). In terms of maximum drawdown, AGI dropped -88.13% vs PAAS's -85.10%.
PAAS currently has the higher Sharpe Ratio (1.10 vs 0.28), 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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