DPM.TO vs. AEM
DPM.TO (Dundee Precious Metals 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, DPM.TO returned 31.40%/yr vs 15.70%/yr for AEM. At a 0.50 correlation, their price movements are largely independent.
Performance
DPM.TO vs. AEM - Performance Comparison
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Different Trading Currencies
DPM.TO is traded in CAD, while AEM is traded in USD. To make them comparable, the AEM values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DPM.TO achieves a 5.36% return, which is significantly higher than AEM's -1.60% return. Over the past 10 years, DPM.TO has outperformed AEM with an annualized return of 31.40%, while AEM has yielded a comparatively lower 15.70% annualized return.
DPM.TO
- 1D
- 1.13%
- 1M
- -7.00%
- YTD
- 5.36%
- 6M
- 10.66%
- 1Y
- 119.04%
- 3Y*
- 71.13%
- 5Y*
- 42.19%
- 10Y*
- 31.40%
AEM
- 1D
- 3.39%
- 1M
- -15.04%
- YTD
- -1.60%
- 6M
- -1.45%
- 1Y
- 37.62%
- 3Y*
- 53.24%
- 5Y*
- 24.34%
- 10Y*
- 15.70%
DPM.TO vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DPM.TO Dundee Precious Metals Inc. | 5.36% | 228.15% | 56.69% | 33.46% | -14.25% | -13.18% | 66.57% | 55.00% | 20.00% | 33.33% |
AEM Agnico Eagle Mines Limited | -1.60% | 109.51% | 58.40% | 6.39% | 7.48% | -22.85% | 14.60% | 47.83% | -4.07% | 3.41% |
Correlation
The correlation between DPM.TO and AEM is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.50 |
The correlation between DPM.TO and AEM shifts across timeframes, from 0.50 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
DPM.TO:
CA$9.88B
AEM:
$81.60B
DPM.TO:
$2.55
AEM:
$10.60
DPM.TO:
12.50
AEM:
15.35
DPM.TO:
0.13
AEM:
0.24
DPM.TO:
5.89
AEM:
6.06
DPM.TO:
2.61
AEM:
3.11
DPM.TO:
$1.07B
AEM:
$13.51B
DPM.TO:
$647.81M
AEM:
$8.28B
DPM.TO:
$688.93M
AEM:
$9.72B
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Return for Risk
DPM.TO vs. AEM — Risk / Return Rank
DPM.TO
AEM
DPM.TO vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dundee Precious Metals Inc. (DPM.TO) 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.
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.
| DPM.TO | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.17 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 0.99 | +2.82 |
| Martin ratioReturn relative to average drawdown | 10.48 | 2.74 | +7.74 |
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Drawdowns
DPM.TO vs. AEM - Drawdown Comparison
The maximum DPM.TO drawdown since its inception was -93.18%, which is greater than AEM's maximum drawdown of -70.00%. Use the drawdown chart below to compare losses from any high point for DPM.TO and AEM.
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Drawdown Indicators
| DPM.TO | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.18% | -70.00% | -23.18% |
Max Drawdown (1Y)Largest decline over 1 year | -31.44% | -38.12% | +6.68% |
Max Drawdown (3Y)Largest decline over 3 years | -31.44% | -38.12% | +6.68% |
Max Drawdown (5Y)Largest decline over 5 years | -42.12% | -40.73% | -1.39% |
Max Drawdown (10Y)Largest decline over 10 years | -51.96% | -54.11% | +2.15% |
Current DrawdownCurrent decline from peak | -24.73% | -33.84% | +9.11% |
Average DrawdownAverage peak-to-trough decline | -47.19% | -26.81% | -20.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.41% | 13.77% | -2.36% |
Volatility
DPM.TO vs. AEM - Volatility Comparison
Dundee Precious Metals Inc. (DPM.TO) has a higher volatility of 19.20% compared to Agnico Eagle Mines Limited (AEM) at 15.43%. This indicates that DPM.TO'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
| DPM.TO | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.20% | 15.43% | +3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 39.82% | 36.14% | +3.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.25% | 44.15% | +3.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.86% | 37.46% | +1.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.33% | 37.92% | +9.41% |
Dividends
DPM.TO vs. AEM - Dividend Comparison
DPM.TO's dividend yield for the trailing twelve months is around 0.49%, less than AEM's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 1.05% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
DPM.TO Dundee Precious Metals Inc. | 0.49% | 0.52% | 1.69% | 2.52% | 2.90% | 1.53% | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
DPM.TO vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between Dundee Precious Metals 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
DPM.TO vs. AEM - Profitability Comparison
DPM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a gross profit of 223.10M and revenue of 310.36M. Therefore, the gross margin over that period was 71.9%.
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%.
DPM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported an operating income of 183.99M and revenue of 310.36M, resulting in an operating margin of 59.3%.
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%.
DPM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a net income of 165.91M and revenue of 310.36M, resulting in a net margin of 53.5%.
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
DPM.TO and AEM have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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