CDE vs. FSLR
CDE (Coeur Mining, Inc.) and FSLR (First Solar, Inc.) are both stocks. CDE operates in Gold (Basic Materials), while FSLR operates in Solar (Technology). Over the past 10 years, CDE returned 7.09%/yr vs 18.76%/yr for FSLR. At a 0.24 correlation, their price movements are largely independent.
Performance
CDE vs. FSLR - Performance Comparison
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Returns By Period
In the year-to-date period, CDE achieves a -3.43% return, which is significantly lower than FSLR's 2.33% return. Over the past 10 years, CDE has underperformed FSLR with an annualized return of 7.09%, while FSLR has yielded a comparatively higher 18.76% annualized return.
CDE
- 1D
- 4.88%
- 1M
- -11.24%
- YTD
- -3.43%
- 6M
- -0.18%
- 1Y
- 85.95%
- 3Y*
- 74.15%
- 5Y*
- 9.92%
- 10Y*
- 7.09%
FSLR
- 1D
- -1.42%
- 1M
- 15.41%
- YTD
- 2.33%
- 6M
- 4.91%
- 1Y
- 52.57%
- 3Y*
- 10.90%
- 5Y*
- 27.42%
- 10Y*
- 18.76%
CDE vs. FSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDE Coeur Mining, Inc. | -3.43% | 211.71% | 75.46% | -2.98% | -33.33% | -51.30% | 28.09% | 80.76% | -40.40% | -17.49% |
FSLR First Solar, Inc. | 2.33% | 48.22% | 2.30% | 15.01% | 71.86% | -11.89% | 76.77% | 31.81% | -37.12% | 110.41% |
Correlation
The correlation between CDE and FSLR is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2006 | 0.24 |
Fundamentals
CDE:
$1.64
FSLR:
$15.48
CDE:
10.46
FSLR:
17.27
CDE:
0.09
FSLR:
0.41
CDE:
3.26
FSLR:
5.31
CDE:
$2.57B
FSLR:
$5.42B
CDE:
$909.07M
FSLR:
$2.26B
CDE:
$1.23B
FSLR:
$2.15B
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Return for Risk
CDE vs. FSLR — Risk / Return Rank
CDE
FSLR
CDE vs. FSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coeur Mining, Inc. (CDE) and First Solar, Inc. (FSLR). 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.
| CDE | FSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 1.70 | +0.33 |
| Martin ratioReturn relative to average drawdown | 4.02 | 3.57 | +0.44 |
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Drawdowns
CDE vs. FSLR - Drawdown Comparison
The maximum CDE drawdown since its inception was -99.40%, roughly equal to the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for CDE and FSLR.
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Drawdown Indicators
| CDE | FSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.40% | -96.22% | -3.18% |
Max Drawdown (1Y)Largest decline over 1 year | -43.18% | -35.10% | -8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -43.18% | -59.97% | +16.79% |
Max Drawdown (5Y)Largest decline over 5 years | -80.84% | -59.97% | -20.87% |
Max Drawdown (10Y)Largest decline over 10 years | -87.42% | -61.26% | -26.16% |
Current DrawdownCurrent decline from peak | -94.03% | -16.01% | -78.02% |
Average DrawdownAverage peak-to-trough decline | -81.49% | -63.20% | -18.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.71% | 16.63% | +5.08% |
Volatility
CDE vs. FSLR - Volatility Comparison
Coeur Mining, Inc. (CDE) and First Solar, Inc. (FSLR) have volatilities of 22.43% and 23.37%, 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
| CDE | FSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.43% | 23.37% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 55.24% | 41.98% | +13.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.98% | 58.23% | +12.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.37% | 54.07% | +14.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.85% | 50.84% | +18.01% |
Dividends
CDE vs. FSLR - Dividend Comparison
CDE's dividend yield for the trailing twelve months is around 0.12%, while FSLR has not paid dividends to shareholders.
| Position | TTM |
|---|---|
CDE Coeur Mining, Inc. | 0.12% |
FSLR First Solar, Inc. | 0.00% |
Financials
CDE vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Coeur Mining, Inc. and First Solar, Inc.. 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
CDE vs. FSLR - Profitability Comparison
CDE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coeur Mining, Inc. reported a gross profit of 0.00 and revenue of 856.19M. Therefore, the gross margin over that period was 0.0%.
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a gross profit of 486.13M and revenue of 1.04B. Therefore, the gross margin over that period was 46.6%.
CDE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coeur Mining, Inc. reported an operating income of 349.17M and revenue of 856.19M, resulting in an operating margin of 40.8%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported an operating income of 345.30M and revenue of 1.04B, resulting in an operating margin of 33.1%.
CDE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coeur Mining, Inc. reported a net income of 246.76M and revenue of 856.19M, resulting in a net margin of 28.8%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a net income of 346.62M and revenue of 1.04B, resulting in a net margin of 33.2%.
Frequently Asked Questions
CDE and FSLR have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSLR has higher volatility (23.37%) compared to CDE (22.43%). In terms of maximum drawdown, CDE dropped -99.40% vs FSLR's -96.22%.
CDE currently has the higher Sharpe Ratio (1.23 vs 1.02), 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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