EGO vs. AEM
EGO (Eldorado Gold Corporation) 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, EGO returned 3.98%/yr vs 11.46%/yr for AEM. Their 0.70 correlation means they have sometimes moved together and sometimes differently.
Performance
EGO vs. AEM - Performance Comparison
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Returns By Period
In the year-to-date period, EGO achieves a -15.62% return, which is significantly lower than AEM's -13.95% return. Over the past 10 years, EGO has underperformed AEM with an annualized return of 3.98%, while AEM has yielded a comparatively higher 11.46% annualized return.
EGO
- 1D
- -7.79%
- 1M
- -10.36%
- 6M
- -29.39%
- YTD
- -15.62%
- 1Y
- 44.32%
- 3Y*
- 46.34%
- 5Y*
- 26.57%
- 10Y*
- 3.98%
- ALL TIME*
- 6.02%
AEM
- 1D
- -3.64%
- 1M
- -5.58%
- 6M
- -23.42%
- YTD
- -13.95%
- 1Y
- 17.10%
- 3Y*
- 44.82%
- 5Y*
- 20.40%
- 10Y*
- 11.46%
- ALL TIME*
- 7.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $362.33M | $376.74M | $426.77M | |
| $82.14M | $70.34M | $88.20M |
EGO vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | -15.62% | 141.56% | 14.65% | 55.14% | -10.59% | -29.54% | 65.26% | 178.82% | -59.72% | -55.28% |
AEM Agnico Eagle Mines Limited | -13.95% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 54.18% | -11.51% | 10.92% |
Correlation
The correlation between EGO and AEM is 0.80, 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. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2003 | 0.70 |
The correlation between EGO and AEM shifts across timeframes, from 0.69 (10 years) to 0.80 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
EGO:
$6.43B
AEM:
$73.56B
EGO:
$2.84
AEM:
$11.60
EGO:
10.61
AEM:
12.52
EGO:
0.16
AEM:
0.19
EGO:
3.05
AEM:
5.06
EGO:
1.40
AEM:
2.56
EGO:
$2.00B
AEM:
$14.43B
EGO:
$988.83M
AEM:
$9.02B
EGO:
$1.04B
AEM:
$10.36B
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Return for Risk
EGO vs. AEM — Risk / Return Rank
EGO
AEM
EGO vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) 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.
| EGO | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.10 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 0.39 | +0.70 |
| Martin ratioReturn relative to average drawdown | 2.11 | 0.90 | +1.21 |
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Drawdowns
EGO vs. AEM - Drawdown Comparison
The maximum EGO drawdown since its inception was -97.49%, which is greater than AEM's maximum drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for EGO and AEM.
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Drawdown Indicators
| EGO | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.49% | -90.49% | -7.00% |
Max Drawdown (1Y)Largest decline over 1 year | -44.00% | -45.80% | +1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -44.00% | -45.80% | +1.80% |
Max Drawdown (5Y)Largest decline over 5 years | -57.70% | -45.80% | -11.90% |
Max Drawdown (10Y)Largest decline over 10 years | -87.61% | -53.86% | -33.75% |
Current DrawdownCurrent decline from peak | -71.13% | -42.25% | -28.88% |
Average DrawdownAverage peak-to-trough decline | -55.77% | -46.63% | -9.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.77% | 20.06% | +2.71% |
Volatility
EGO vs. AEM - Volatility Comparison
Eldorado Gold Corporation (EGO) has a higher volatility of 19.29% compared to Agnico Eagle Mines Limited (AEM) at 11.20%. This indicates that EGO'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
| EGO | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.29% | 11.20% | +8.09% |
Volatility (6M)Calculated over the trailing 6-month period | 46.73% | 36.02% | +10.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.17% | 44.77% | +11.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.75% | 37.35% | +9.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.48% | 37.38% | +18.10% |
Dividends
EGO vs. AEM - Dividend Comparison
EGO's dividend yield for the trailing twelve months is around 0.50%, less than AEM's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 1.17% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
EGO Eldorado Gold Corporation | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.40% | 0.00% | 0.67% |
Financials
EGO vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between Eldorado Gold Corporation 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
EGO vs. AEM - Profitability Comparison
EGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Eldorado Gold Corporation reported a gross profit of 290.22M and revenue of 532.43M. Therefore, the gross margin over that period was 54.5%.
AEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Agnico Eagle Mines Limited reported a gross profit of 2.30B and revenue of 3.71B. Therefore, the gross margin over that period was 62.2%.
EGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Eldorado Gold Corporation reported an operating income of 261.43M and revenue of 532.43M, resulting in an operating margin of 49.1%.
AEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Agnico Eagle Mines Limited reported an operating income of 2.22B and revenue of 3.71B, resulting in an operating margin of 60.0%.
EGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Eldorado Gold Corporation reported a net income of 136.38M and revenue of 532.43M, resulting in a net margin of 25.6%.
AEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Agnico Eagle Mines Limited reported a net income of 1.56B and revenue of 3.71B, resulting in a net margin of 42.1%.
Frequently Asked Questions
EGO and AEM have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EGO has higher volatility (19.29%) compared to AEM (11.20%). In terms of maximum drawdown, EGO dropped -97.49% vs AEM's -90.49%.
EGO currently has the higher Sharpe Ratio (0.86 vs 0.40), 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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