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FNV vs. FSM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between FNV and FSM is 0.18, 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.


Performance

FNV vs. FSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franco-Nevada Corporation (FNV) and Fortuna Silver Mines Inc. (FSM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FNV:

1.54

FSM:

0.09

Sortino Ratio

FNV:

2.06

FSM:

0.56

Omega Ratio

FNV:

1.29

FSM:

1.07

Calmar Ratio

FNV:

1.55

FSM:

0.11

Martin Ratio

FNV:

7.23

FSM:

0.28

Ulcer Index

FNV:

6.59%

FSM:

21.61%

Daily Std Dev

FNV:

29.92%

FSM:

57.38%

Max Drawdown

FNV:

-58.76%

FSM:

-92.25%

Current Drawdown

FNV:

0.00%

FSM:

-31.24%

Fundamentals

Market Cap

FNV:

$34.32B

FSM:

$2.01B

EPS

FNV:

$3.21

FSM:

$0.52

PE Ratio

FNV:

55.50

FSM:

12.62

PEG Ratio

FNV:

11.81

FSM:

0.00

PS Ratio

FNV:

28.32

FSM:

1.75

PB Ratio

FNV:

5.45

FSM:

1.23

Total Revenue (TTM)

FNV:

$1.22B

FSM:

$1.13B

Gross Profit (TTM)

FNV:

$963.80M

FSM:

$389.63M

EBITDA (TTM)

FNV:

$1.10B

FSM:

$544.25M

Returns By Period

The year-to-date returns for both investments are quite close, with FNV having a 51.91% return and FSM slightly higher at 52.91%. Over the past 10 years, FNV has outperformed FSM with an annualized return of 14.85%, while FSM has yielded a comparatively lower 6.10% annualized return.


FNV

YTD

51.91%

1M

8.03%

6M

47.61%

1Y

45.59%

3Y*

8.59%

5Y*

7.32%

10Y*

14.85%

FSM

YTD

52.91%

1M

10.62%

6M

44.49%

1Y

5.13%

3Y*

23.06%

5Y*

8.76%

10Y*

6.10%

*Annualized

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Franco-Nevada Corporation

Fortuna Silver Mines Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FNV vs. FSM — Risk-Adjusted Performance Rank

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

FNV
The Risk-Adjusted Performance Rank of FNV is 8989
Overall Rank
The Sharpe Ratio Rank of FNV is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FNV is 8686
Sortino Ratio Rank
The Omega Ratio Rank of FNV is 8686
Omega Ratio Rank
The Calmar Ratio Rank of FNV is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FNV is 9191
Martin Ratio Rank

FSM
The Risk-Adjusted Performance Rank of FSM is 5454
Overall Rank
The Sharpe Ratio Rank of FSM is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of FSM is 5353
Sortino Ratio Rank
The Omega Ratio Rank of FSM is 5252
Omega Ratio Rank
The Calmar Ratio Rank of FSM is 5656
Calmar Ratio Rank
The Martin Ratio Rank of FSM is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FNV vs. FSM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franco-Nevada Corporation (FNV) and Fortuna Silver Mines Inc. (FSM). 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.


The current FNV Sharpe Ratio is 1.54, which is higher than the FSM Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of FNV and FSM, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FNV vs. FSM - Dividend Comparison

FNV's dividend yield for the trailing twelve months is around 0.82%, while FSM has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FNV
Franco-Nevada Corporation
0.82%1.22%1.23%0.94%0.84%0.82%0.72%1.35%1.14%1.46%1.81%1.59%
FSM
Fortuna Silver Mines 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%

Drawdowns

FNV vs. FSM - Drawdown Comparison

The maximum FNV drawdown since its inception was -58.76%, smaller than the maximum FSM drawdown of -92.25%. Use the drawdown chart below to compare losses from any high point for FNV and FSM.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FNV vs. FSM - Volatility Comparison

The current volatility for Franco-Nevada Corporation (FNV) is 10.84%, while Fortuna Silver Mines Inc. (FSM) has a volatility of 21.20%. This indicates that FNV experiences smaller price fluctuations and is considered to be less risky than FSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

FNV vs. FSM - Financials Comparison

This section allows you to compare key financial metrics between Franco-Nevada Corporation and Fortuna Silver Mines 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00100.00M200.00M300.00M400.00M20212022202320242025
368.40M
290.15M
(FNV) Total Revenue
(FSM) Total Revenue
Values in USD except per share items

FNV vs. FSM - Profitability Comparison

The chart below illustrates the profitability comparison between Franco-Nevada Corporation and Fortuna Silver Mines Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%40.0%60.0%80.0%20212022202320242025
71.0%
39.9%
(FNV) Gross Margin
(FSM) Gross Margin
FNV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Franco-Nevada Corporation reported a gross profit of 261.50M and revenue of 368.40M. Therefore, the gross margin over that period was 71.0%.

FSM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Fortuna Silver Mines Inc. reported a gross profit of 115.87M and revenue of 290.15M. Therefore, the gross margin over that period was 39.9%.

FNV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Franco-Nevada Corporation reported an operating income of 253.50M and revenue of 368.40M, resulting in an operating margin of 68.8%.

FSM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Fortuna Silver Mines Inc. reported an operating income of 91.86M and revenue of 290.15M, resulting in an operating margin of 31.7%.

FNV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Franco-Nevada Corporation reported a net income of 209.80M and revenue of 368.40M, resulting in a net margin of 57.0%.

FSM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Fortuna Silver Mines Inc. reported a net income of 58.50M and revenue of 290.15M, resulting in a net margin of 20.2%.