AME vs. FNV.TO
AME (AMETEK, Inc.) and FNV.TO (Franco-Nevada Corporation) are both stocks. AME operates in Specialty Industrial Machinery (Industrials), while FNV.TO operates in Gold (Basic Materials). Over the past 10 years, AME returned 17.87%/yr vs 12.79%/yr for FNV.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
AME vs. FNV.TO - Performance Comparison
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Different Trading Currencies
AME is traded in USD, while FNV.TO is traded in CAD. To make them comparable, the FNV.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AME achieves a 10.80% return, which is significantly higher than FNV.TO's 1.33% return. Over the past 10 years, AME has outperformed FNV.TO with an annualized return of 17.87%, while FNV.TO has yielded a comparatively lower 12.79% annualized return.
AME
- 1D
- 0.40%
- 1M
- -1.86%
- YTD
- 10.80%
- 6M
- 12.76%
- 1Y
- 27.02%
- 3Y*
- 14.64%
- 5Y*
- 11.51%
- 10Y*
- 17.87%
FNV.TO
- 1D
- 0.80%
- 1M
- -12.73%
- YTD
- 1.33%
- 6M
- -1.93%
- 1Y
- 26.58%
- 3Y*
- 14.49%
- 5Y*
- 7.62%
- 10Y*
- 12.79%
AME vs. FNV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AME AMETEK, Inc. | 10.80% | 14.66% | 10.01% | 18.81% | -4.33% | 22.32% | 22.19% | 48.27% | -5.89% | 49.98% |
FNV.TO Franco-Nevada Corporation | 1.33% | 78.02% | 7.40% | -17.69% | 0.04% | 10.43% | 22.91% | 47.36% | -11.07% | 35.64% |
Correlation
The correlation between AME and FNV.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2007 | 0.09 |
Over the past year, AME and FNV.TO have become more correlated (0.32) than their long-term average of 0.09, meaning their price movements have been converging.
Fundamentals
AME:
$52.20B
FNV.TO:
CA$56.67B
AME:
$6.62
FNV.TO:
$7.09
AME:
34.32
FNV.TO:
29.59
AME:
3.20
FNV.TO:
0.62
AME:
6.90
FNV.TO:
19.27
AME:
4.36
FNV.TO:
5.00
AME:
$7.60B
FNV.TO:
$2.10B
AME:
$2.06B
FNV.TO:
$1.61B
AME:
$2.15B
FNV.TO:
$1.96B
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Return for Risk
AME vs. FNV.TO — Risk / Return Rank
AME
FNV.TO
AME vs. FNV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMETEK, Inc. (AME) and Franco-Nevada Corporation (FNV.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.
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.
| AME | FNV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.16 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 1.04 | +0.96 |
| Martin ratioReturn relative to average drawdown | 6.35 | 2.61 | +3.75 |
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Drawdowns
AME vs. FNV.TO - Drawdown Comparison
The maximum AME drawdown since its inception was -53.31%, smaller than the maximum FNV.TO drawdown of -59.13%. Use the drawdown chart below to compare losses from any high point for AME and FNV.TO.
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Drawdown Indicators
| AME | FNV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.31% | -59.13% | +5.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.57% | -25.57% | +12.00% |
Max Drawdown (3Y)Largest decline over 3 years | -23.04% | -29.59% | +6.55% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -36.99% | +9.93% |
Max Drawdown (10Y)Largest decline over 10 years | -42.72% | -36.99% | -5.73% |
Current DrawdownCurrent decline from peak | -5.91% | -24.98% | +19.07% |
Average DrawdownAverage peak-to-trough decline | -11.91% | -13.97% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.27% | 10.22% | -5.95% |
Volatility
AME vs. FNV.TO - Volatility Comparison
The current volatility for AMETEK, Inc. (AME) is 6.77%, while Franco-Nevada Corporation (FNV.TO) has a volatility of 12.23%. This indicates that AME experiences smaller price fluctuations and is considered to be less risky than FNV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AME | FNV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.77% | 12.23% | -5.46% |
Volatility (6M)Calculated over the trailing 6-month period | 16.76% | 29.37% | -12.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.18% | 35.48% | -13.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.73% | 29.06% | -7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.44% | 29.39% | -4.95% |
Dividends
AME vs. FNV.TO - Dividend Comparison
AME's dividend yield for the trailing twelve months is around 0.56%, less than FNV.TO's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AME AMETEK, Inc. | 0.56% | 0.60% | 0.62% | 0.61% | 0.63% | 0.54% | 0.60% | 0.56% | 0.83% | 0.50% | 0.74% | 0.67% |
FNV.TO Franco-Nevada Corporation | 0.77% | 0.74% | 1.17% | 1.25% | 0.81% | 0.66% | 0.86% | 0.74% | 1.07% | 0.98% | 1.08% | 1.42% |
Financials
AME vs. FNV.TO - Financials Comparison
This section allows you to compare key financial metrics between AMETEK, Inc. and Franco-Nevada 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
AME vs. FNV.TO - Profitability Comparison
AME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AMETEK, Inc. reported a gross profit of 0.00 and revenue of 1.93B. Therefore, the gross margin over that period was 0.0%.
FNV.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported a gross profit of 517.08M and revenue of 639.45M. Therefore, the gross margin over that period was 80.9%.
AME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AMETEK, Inc. reported an operating income of 514.94M and revenue of 1.93B, resulting in an operating margin of 26.7%.
FNV.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported an operating income of 501.94M and revenue of 639.45M, resulting in an operating margin of 78.5%.
AME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AMETEK, Inc. reported a net income of 399.36M and revenue of 1.93B, resulting in a net margin of 20.7%.
FNV.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported a net income of 460.92M and revenue of 639.45M, resulting in a net margin of 72.1%.
Frequently Asked Questions
AME and FNV.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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