EQX vs. AGI
EQX (Equinox Gold Corp.) and AGI (Alamos Gold Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 5 years, EQX returned 5.20%/yr vs 28.93%/yr for AGI. Their 0.69 correlation means they have sometimes moved together and sometimes differently.
Performance
EQX vs. AGI - Performance Comparison
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Returns By Period
In the year-to-date period, EQX achieves a -36.12% return, which is significantly lower than AGI's -27.72% return.
EQX
- 1D
- -4.89%
- 1M
- -11.74%
- 6M
- -37.28%
- YTD
- -36.12%
- 1Y
- 47.76%
- 3Y*
- 21.83%
- 5Y*
- 5.20%
- 10Y*
- —
- ALL TIME*
- 10.89%
AGI
- 1D
- -2.01%
- 1M
- -11.87%
- 6M
- -24.43%
- YTD
- -27.72%
- 1Y
- 12.29%
- 3Y*
- 33.49%
- 5Y*
- 28.93%
- 10Y*
- 12.25%
- ALL TIME*
- 16.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $133.64M | $126.71M | $144.32M | |
| $130.20M | $117.13M | $137.61M |
EQX vs. AGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EQX Equinox Gold Corp. | -36.12% | 179.68% | 2.66% | 49.09% | -51.48% | -34.62% | 34.29% | 106.43% | -4.97% |
AGI Alamos Gold Inc. | -27.72% | 109.93% | 37.72% | 34.33% | 33.11% | -11.00% | 46.75% | 68.42% | -33.81% |
Correlation
The correlation between EQX and AGI is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2018 | 0.69 |
The correlation between EQX and AGI has been stable across timeframes, ranging from 0.69 to 0.79 - a consistent structural relationship.
Fundamentals
EQX:
$7.06B
AGI:
$11.69B
EQX:
$0.82
AGI:
$2.76
EQX:
10.93
AGI:
10.07
EQX:
0.02
AGI:
0.07
EQX:
2.92
AGI:
5.32
EQX:
1.21
AGI:
2.44
EQX:
$2.29B
AGI:
$2.21B
EQX:
$866.94M
AGI:
$1.33B
EQX:
$1.22B
AGI:
$1.75B
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Return for Risk
EQX vs. AGI — Risk / Return Rank
EQX
AGI
EQX vs. AGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Equinox Gold Corp. (EQX) and Alamos Gold Inc. (AGI). 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.
| EQX | AGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.09 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 0.30 | +0.57 |
| Martin ratioReturn relative to average drawdown | 2.00 | 0.70 | +1.30 |
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Drawdowns
EQX vs. AGI - Drawdown Comparison
The maximum EQX drawdown since its inception was -81.06%, smaller than the maximum AGI drawdown of -88.13%. Use the drawdown chart below to compare losses from any high point for EQX and AGI.
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Drawdown Indicators
| EQX | AGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.06% | -88.13% | +7.07% |
Max Drawdown (1Y)Largest decline over 1 year | -53.95% | -49.60% | -4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -53.95% | -49.60% | -4.35% |
Max Drawdown (5Y)Largest decline over 5 years | -71.57% | -49.60% | -21.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -67.21% | — |
Current DrawdownCurrent decline from peak | -52.19% | -49.60% | -2.59% |
Average DrawdownAverage peak-to-trough decline | -38.29% | -37.77% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.58% | 21.26% | +2.32% |
Volatility
EQX vs. AGI - Volatility Comparison
Equinox Gold Corp. (EQX) has a higher volatility of 15.49% compared to Alamos Gold Inc. (AGI) at 11.71%. This indicates that EQX's price experiences larger fluctuations and is considered to be riskier than AGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQX | AGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.49% | 11.71% | +3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 48.05% | 44.49% | +3.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.55% | 54.01% | +8.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.80% | 41.86% | +15.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.52% | 48.43% | +7.09% |
Dividends
EQX vs. AGI - Dividend Comparison
EQX's dividend yield for the trailing twelve months is around 0.34%, less than AGI's 0.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGI Alamos Gold Inc. | 0.47% | 0.26% | 0.54% | 0.74% | 0.99% | 1.30% | 0.74% | 0.66% | 0.56% | 0.31% | 0.29% | 1.22% |
EQX Equinox Gold Corp. | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
EQX vs. AGI - Financials Comparison
This section allows you to compare key financial metrics between Equinox Gold Corp. and Alamos Gold 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
EQX vs. AGI - Profitability Comparison
EQX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Equinox Gold Corp. reported a gross profit of 438.50M and revenue of 861.59M. Therefore, the gross margin over that period was 50.9%.
AGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alamos Gold Inc. reported a gross profit of 342.96M and revenue of 579.01M. Therefore, the gross margin over that period was 59.2%.
EQX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Equinox Gold Corp. reported an operating income of 390.23M and revenue of 861.59M, resulting in an operating margin of 45.3%.
AGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alamos Gold Inc. reported an operating income of 345.99M and revenue of 579.01M, resulting in an operating margin of 59.8%.
EQX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Equinox Gold Corp. reported a net income of 310.11M and revenue of 861.59M, resulting in a net margin of 36.0%.
AGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alamos Gold Inc. reported a net income of 263.53M and revenue of 579.01M, resulting in a net margin of 45.5%.
Frequently Asked Questions
EQX and AGI have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EQX has higher volatility (15.49%) compared to AGI (11.71%). In terms of maximum drawdown, EQX dropped -81.06% vs AGI's -88.13%.
EQX currently has the higher Sharpe Ratio (0.76 vs 0.28), 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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