FIGS vs. AEM

Last updated Jun 4, 2026

FIGS (FIGS, Inc.) and AEM (Agnico Eagle Mines Limited) are both stocks. FIGS operates in Apparel Manufacturing (Consumer Cyclical), while AEM operates in Gold (Basic Materials). Over the past 5 years, FIGS returned -17.52%/yr vs 22.28%/yr for AEM. At a 0.11 correlation, their price movements are largely independent.

Performance

FIGS vs. AEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FIGS, Inc. (FIGS) and Agnico Eagle Mines Limited (AEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIGS achieves a 5.37% return, which is significantly higher than AEM's 1.68% return.

FIGS

• 1D: 4.72%
• 1M: -14.32%
• YTD: 5.37%
• 6M: 6.02%
• 1Y: 159.65%
• 3Y*: 12.18%
• 5Y*: -17.52%
• 10Y*: —

AEM

• 1D: -4.07%
• 1M: -4.37%
• YTD: 1.68%
• 6M: 1.89%
• 1Y: 41.42%
• 3Y*: 51.78%
• 5Y*: 22.28%
• 10Y*: 15.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIGS vs. AEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FIGS FIGS, Inc.	5.37%	83.52%	-10.94%	3.27%	-75.58%	-8.19%
AEM Agnico Eagle Mines Limited	1.68%	119.53%	46.04%	8.98%	1.08%	-24.54%

Correlation

The correlation between FIGS and AEM is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since May 28, 2021	0.11

Fundamentals

Market Cap FIGS : $2.35B AEM : $86.12B
EPS FIGS : $0.22 AEM : $10.60
PE Ratio FIGS : 54.48 AEM : 16.20
PEG Ratio FIGS : 0.21 AEM : 0.25
PS Ratio FIGS : 3.32 AEM : 6.39
PB Ratio FIGS : 5.45 AEM : 3.28
Total Revenue (TTM) FIGS : $666.10M AEM : $13.51B
Gross Profit (TTM) FIGS : $443.68M AEM : $8.28B
EBITDA (TTM) FIGS : $56.86M AEM : $9.72B

Return for Risk

FIGS vs. AEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIGS

FIGS Risk / Return Rank: 91
FIGS Sharpe Ratio Rank: 92
FIGS Sortino Ratio Rank: 88
FIGS Omega Ratio Rank: 90
FIGS Calmar Ratio Rank: 91
FIGS Martin Ratio Rank: 92

AEM

AEM Risk / Return Rank: 66
AEM Sharpe Ratio Rank: 70
AEM Sortino Ratio Rank: 63
AEM Omega Ratio Rank: 63
AEM Calmar Ratio Rank: 66
AEM Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIGS vs. AEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FIGS, Inc. (FIGS) 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.

	FIGS	AEM	Difference
Sharpe ratio Return per unit of total volatility	2.56	0.97	+1.59
Sortino ratio Return per unit of downside risk	3.03	1.41	+1.62
Omega ratio Gain probability vs. loss probability	1.43	1.19	+0.24
Calmar ratio Return relative to maximum drawdown	4.83	1.31	+3.52
Martin ratio Return relative to average drawdown	14.63	3.29	+11.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIGS vs. AEM - Sharpe Ratio Comparison

The current FIGS Sharpe Ratio is 2.56, which is higher than the AEM Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of FIGS and AEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIGS	AEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	0.97	+1.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	0.61	-0.86
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	0.17	-0.41

Drawdowns

FIGS vs. AEM - Drawdown Comparison

The maximum FIGS drawdown since its inception was -92.77%, roughly equal to the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for FIGS and AEM.

Drawdown Indicators

	FIGS	AEM	Difference
Max Drawdown Largest peak-to-trough decline	-92.77%	-90.49%	-2.28%
Max Drawdown (1Y) Largest decline over 1 year	-33.24%	-31.77%	-1.47%
Max Drawdown (3Y) Largest decline over 3 years	-58.15%	-31.77%	-26.38%
Max Drawdown (5Y) Largest decline over 5 years	-92.77%	-46.22%	-46.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-53.86%	—
Current Drawdown Current decline from peak	-76.11%	-31.77%	-44.34%
Average Drawdown Average peak-to-trough decline	-75.93%	-46.66%	-29.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.96%	12.61%	-1.65%

Volatility

FIGS vs. AEM - Volatility Comparison

FIGS, Inc. (FIGS) has a higher volatility of 32.19% compared to Agnico Eagle Mines Limited (AEM) at 13.70%. This indicates that FIGS'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.

Volatility by Period

	FIGS	AEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.19%	13.70%	+18.49%
Volatility (6M) Calculated over the trailing 6-month period	51.26%	34.59%	+16.67%
Volatility (1Y) Calculated over the trailing 1-year period	63.11%	43.02%	+20.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.16%	36.80%	+33.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.39%	37.22%	+33.17%

Dividends

FIGS vs. AEM - Dividend Comparison

FIGS has not paid dividends to shareholders, while AEM's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEM Agnico Eagle Mines Limited	0.99%	0.94%	2.05%	2.92%	3.08%	2.63%	2.36%	0.89%	1.09%	0.89%	0.86%	1.22%
FIGS FIGS, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

FIGS vs. AEM - Profitability Comparison

The chart below illustrates the profitability comparison between FIGS, Inc. and Agnico Eagle Mines Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FIGS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FIGS, Inc. reported a gross profit of 108.30M and revenue of 159.90M. Therefore, the gross margin over that period was 67.7%.

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%.

FIGS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FIGS, Inc. reported an operating income of 4.48M and revenue of 159.90M, resulting in an operating margin of 2.8%.

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%.

FIGS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FIGS, Inc. reported a net income of 6.29M and revenue of 159.90M, resulting in a net margin of 3.9%.

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

Can I hold both FIGS and AEM in my portfolio?

FIGS and AEM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIGS or AEM?

FIGS has higher volatility (32.19%) compared to AEM (13.70%). In terms of maximum drawdown, FIGS dropped -92.77% vs AEM's -90.49%.

Which has better risk-adjusted returns?

FIGS currently has the higher Sharpe Ratio (2.56 vs 0.97), 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.