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FM.TO vs. FSAGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FM.TO vs. FSAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in First Quantum Minerals Ltd. (FM.TO) and Fidelity Select Gold Portfolio (FSAGX). The values are adjusted to include any dividend payments, if applicable.

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FM.TO vs. FSAGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FM.TO
First Quantum Minerals Ltd.
-5.19%98.60%70.78%-61.41%-5.96%32.52%73.68%19.40%-37.27%32.00%
FSAGX
Fidelity Select Gold Portfolio
10.64%131.90%24.85%-2.56%-7.29%-11.25%24.69%28.84%-5.62%1.71%
Different Trading Currencies

FM.TO is traded in CAD, while FSAGX is traded in USD. To make them comparable, the FSAGX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FM.TO achieves a -5.19% return, which is significantly lower than FSAGX's 10.64% return. Over the past 10 years, FM.TO has outperformed FSAGX with an annualized return of 17.96%, while FSAGX has yielded a comparatively lower 15.61% annualized return.


FM.TO

1D
4.90%
1M
-13.17%
YTD
-5.19%
6M
9.82%
1Y
71.87%
3Y*
4.15%
5Y*
7.19%
10Y*
17.96%

FSAGX

1D
7.10%
1M
-18.67%
YTD
10.64%
6M
21.52%
1Y
92.51%
3Y*
40.99%
5Y*
23.53%
10Y*
15.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

FM.TO vs. FSAGX — Risk / Return Rank

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

FM.TO
FM.TO Risk / Return Rank: 8181
Overall Rank
FM.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FM.TO Sortino Ratio Rank: 7878
Sortino Ratio Rank
FM.TO Omega Ratio Rank: 7777
Omega Ratio Rank
FM.TO Calmar Ratio Rank: 8282
Calmar Ratio Rank
FM.TO Martin Ratio Rank: 8585
Martin Ratio Rank

FSAGX
FSAGX Risk / Return Rank: 9292
Overall Rank
FSAGX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FSAGX Sortino Ratio Rank: 8989
Sortino Ratio Rank
FSAGX Omega Ratio Rank: 8787
Omega Ratio Rank
FSAGX Calmar Ratio Rank: 9595
Calmar Ratio Rank
FSAGX Martin Ratio Rank: 9494
Martin Ratio Rank
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.

FM.TO vs. FSAGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Quantum Minerals Ltd. (FM.TO) and Fidelity Select Gold Portfolio (FSAGX). 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.


FM.TOFSAGXDifference

Sharpe ratio

Return per unit of total volatility

1.51

2.23

-0.72

Sortino ratio

Return per unit of downside risk

2.03

2.46

-0.44

Omega ratio

Gain probability vs. loss probability

1.27

1.37

-0.10

Calmar ratio

Return relative to maximum drawdown

2.65

3.16

-0.52

Martin ratio

Return relative to average drawdown

8.16

11.84

-3.68

FM.TO vs. FSAGX - Sharpe Ratio Comparison

The current FM.TO Sharpe Ratio is 1.51, which is lower than the FSAGX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of FM.TO and FSAGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FM.TOFSAGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

2.23

-0.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.78

-0.66

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.29

0.50

-0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.23

+0.06

Correlation

The correlation between FM.TO and FSAGX is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FM.TO vs. FSAGX - Dividend Comparison

FM.TO has not paid dividends to shareholders, while FSAGX's dividend yield for the trailing twelve months is around 1.99%.


TTM20252024202320222021202020192018201720162015
FM.TO
First Quantum Minerals Ltd.
0.00%0.00%0.00%1.94%0.58%0.03%0.04%0.08%0.09%0.06%0.11%1.58%
FSAGX
Fidelity Select Gold Portfolio
1.99%2.17%3.62%0.99%0.36%1.60%4.40%0.40%0.00%0.22%3.57%0.00%

Drawdowns

FM.TO vs. FSAGX - Drawdown Comparison

The maximum FM.TO drawdown since its inception was -90.98%, which is greater than FSAGX's maximum drawdown of -68.91%. Use the drawdown chart below to compare losses from any high point for FM.TO and FSAGX.


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Drawdown Indicators


FM.TOFSAGXDifference

Max Drawdown

Largest peak-to-trough decline

-90.98%

-77.21%

-13.77%

Max Drawdown (1Y)

Largest decline over 1 year

-30.35%

-29.85%

-0.50%

Max Drawdown (5Y)

Largest decline over 5 years

-78.27%

-45.94%

-32.33%

Max Drawdown (10Y)

Largest decline over 10 years

-78.27%

-50.57%

-27.70%

Current Drawdown

Current decline from peak

-21.44%

-20.11%

-1.33%

Average Drawdown

Average peak-to-trough decline

-36.83%

-33.41%

-3.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.84%

8.05%

+1.79%

Volatility

FM.TO vs. FSAGX - Volatility Comparison

First Quantum Minerals Ltd. (FM.TO) has a higher volatility of 18.92% compared to Fidelity Select Gold Portfolio (FSAGX) at 17.19%. This indicates that FM.TO's price experiences larger fluctuations and is considered to be riskier than FSAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FM.TOFSAGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.92%

17.19%

+1.73%

Volatility (6M)

Calculated over the trailing 6-month period

34.32%

34.68%

-0.36%

Volatility (1Y)

Calculated over the trailing 1-year period

48.07%

41.30%

+6.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

57.56%

30.23%

+27.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

61.39%

31.02%

+30.37%