BVN vs. ASM
BVN (Compañía de Minas Buenaventura S.A.A.) and ASM (Avino Silver & Gold Mines Ltd.) are both stocks. Both operate in the Other Precious Metals & Mining industry within the Basic Materials sector. Over the past 10 years, BVN returned 13.54%/yr vs 11.05%/yr for ASM. At a 0.34 correlation, their price movements are largely independent.
Performance
BVN vs. ASM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BVN achieves a 23.58% return, which is significantly higher than ASM's 2.90% return. Over the past 10 years, BVN has outperformed ASM with an annualized return of 13.54%, while ASM has yielded a comparatively lower 11.05% annualized return.
BVN
- 1D
- 2.01%
- 1M
- -2.54%
- YTD
- 23.58%
- 6M
- 22.13%
- 1Y
- 104.90%
- 3Y*
- 70.14%
- 5Y*
- 27.27%
- 10Y*
- 13.54%
ASM
- 1D
- 6.86%
- 1M
- -10.50%
- YTD
- 2.90%
- 6M
- 7.58%
- 1Y
- 79.49%
- 3Y*
- 109.07%
- 5Y*
- 37.29%
- 10Y*
- 11.05%
BVN vs. ASM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BVN Compañía de Minas Buenaventura S.A.A. | 23.58% | 147.96% | -24.06% | 106.47% | 2.47% | -39.95% | -19.27% | -6.40% | 15.91% | 25.66% |
ASM Avino Silver & Gold Mines Ltd. | 2.90% | 604.88% | 68.13% | -22.95% | -21.01% | -33.77% | 124.14% | -4.92% | -54.48% | -2.19% |
Correlation
The correlation between BVN and ASM is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2005 | 0.34 |
Over the past year, BVN and ASM have become more correlated (0.57) than their long-term average of 0.34, meaning their price movements have been converging.
Fundamentals
BVN:
$8.49B
ASM:
$1.11B
BVN:
$3.84
ASM:
$0.23
BVN:
8.69
ASM:
28.13
BVN:
0.02
ASM:
0.08
BVN:
4.15
ASM:
9.37
BVN:
2.05
ASM:
4.02
BVN:
$2.05B
ASM:
$110.70M
BVN:
$1.06B
ASM:
$59.09M
BVN:
$1.18B
ASM:
$55.20M
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
BVN vs. ASM — Risk / Return Rank
BVN
ASM
BVN vs. ASM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Compañía de Minas Buenaventura S.A.A. (BVN) and Avino Silver & Gold Mines Ltd. (ASM). 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.
| BVN | ASM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.20 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 1.39 | +2.09 |
| Martin ratioReturn relative to average drawdown | 8.76 | 2.95 | +5.81 |
Loading charts...
Drawdowns
BVN vs. ASM - Drawdown Comparison
The maximum BVN drawdown since its inception was -93.68%, roughly equal to the maximum ASM drawdown of -94.10%. Use the drawdown chart below to compare losses from any high point for BVN and ASM.
Loading charts...
Drawdown Indicators
| BVN | ASM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.68% | -94.10% | +0.42% |
Max Drawdown (1Y)Largest decline over 1 year | -30.64% | -52.40% | +21.76% |
Max Drawdown (3Y)Largest decline over 3 years | -38.30% | -52.40% | +14.10% |
Max Drawdown (5Y)Largest decline over 5 years | -53.67% | -67.29% | +13.62% |
Max Drawdown (10Y)Largest decline over 10 years | -70.15% | -90.91% | +20.76% |
Current DrawdownCurrent decline from peak | -31.25% | -43.15% | +11.90% |
Average DrawdownAverage peak-to-trough decline | -46.40% | -63.76% | +17.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.13% | 24.57% | -12.44% |
Volatility
BVN vs. ASM - Volatility Comparison
The current volatility for Compañía de Minas Buenaventura S.A.A. (BVN) is 20.09%, while Avino Silver & Gold Mines Ltd. (ASM) has a volatility of 26.77%. This indicates that BVN experiences smaller price fluctuations and is considered to be less risky than ASM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BVN | ASM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.09% | 26.77% | -6.68% |
Volatility (6M)Calculated over the trailing 6-month period | 42.55% | 65.36% | -22.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.28% | 82.16% | -31.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.80% | 66.03% | -20.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.95% | 69.72% | -23.77% |
Dividends
BVN vs. ASM - Dividend Comparison
BVN's dividend yield for the trailing twelve months is around 3.40%, while ASM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ASM Avino Silver & Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BVN Compañía de Minas Buenaventura S.A.A. | 3.40% | 1.57% | 0.63% | 0.48% | 0.98% | 0.00% | 0.00% | 0.58% | 0.55% | 0.60% | 0.26% |
Financials
BVN vs. ASM - Financials Comparison
This section allows you to compare key financial metrics between Compañía de Minas Buenaventura S.A.A. and Avino Silver & Gold Mines Ltd.. 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
BVN vs. ASM - Profitability Comparison
BVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Compañía de Minas Buenaventura S.A.A. reported a gross profit of 356.89M and revenue of 622.46M. Therefore, the gross margin over that period was 57.3%.
ASM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a gross profit of 25.51M and revenue of 41.41M. Therefore, the gross margin over that period was 61.6%.
BVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Compañía de Minas Buenaventura S.A.A. reported an operating income of 325.55M and revenue of 622.46M, resulting in an operating margin of 52.3%.
ASM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported an operating income of 21.76M and revenue of 41.41M, resulting in an operating margin of 52.5%.
BVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Compañía de Minas Buenaventura S.A.A. reported a net income of 334.26M and revenue of 622.46M, resulting in a net margin of 53.7%.
ASM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a net income of 15.69M and revenue of 41.41M, resulting in a net margin of 37.9%.
Frequently Asked Questions
BVN and ASM have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASM has higher volatility (26.77%) compared to BVN (20.09%). In terms of maximum drawdown, BVN dropped -93.68% vs ASM's -94.10%.
BVN currently has the higher Sharpe Ratio (2.12 vs 0.89), 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 BVN and ASM
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