GMED vs. AEM
GMED (Globus Medical, Inc.) and AEM (Agnico Eagle Mines Limited) are both stocks. GMED operates in Medical Devices (Healthcare), while AEM operates in Gold (Basic Materials). Over the past 10 years, GMED returned 12.07%/yr vs 12.59%/yr for AEM. At a 0.09 correlation, their price movements are largely independent.
Performance
GMED vs. AEM - Performance Comparison
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Returns By Period
In the year-to-date period, GMED achieves a -10.54% return, which is significantly higher than AEM's -13.00% return. Both investments have delivered pretty close results over the past 10 years, with GMED having a 12.07% annualized return and AEM not far ahead at 12.59%.
GMED
- 1D
- 1.92%
- 1M
- -2.99%
- 6M
- -17.32%
- YTD
- -10.54%
- 1Y
- 36.75%
- 3Y*
- 8.91%
- 5Y*
- -0.63%
- 10Y*
- 12.07%
AEM
- 1D
- -1.45%
- 1M
- -6.90%
- 6M
- -22.83%
- YTD
- -13.00%
- 1Y
- 23.66%
- 3Y*
- 46.01%
- 5Y*
- 21.89%
- 10Y*
- 12.59%
GMED vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMED Globus Medical, Inc. | -10.54% | 5.56% | 55.21% | -28.25% | 2.87% | 10.70% | 10.77% | 36.04% | 5.30% | 65.66% |
AEM Agnico Eagle Mines Limited | -13.00% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 54.18% | -11.51% | 10.92% |
Correlation
The correlation between GMED and AEM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.09 |
The correlation between GMED and AEM shifts across timeframes, from 0.09 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
GMED:
$10.53B
AEM:
$73.44B
GMED:
$4.28
AEM:
$10.60
GMED:
18.23
AEM:
13.85
GMED:
0.19
AEM:
0.22
GMED:
3.45
AEM:
5.47
GMED:
2.28
AEM:
2.80
GMED:
$3.10B
AEM:
$13.51B
GMED:
$1.58B
AEM:
$8.28B
GMED:
$803.34M
AEM:
$9.72B
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Return for Risk
GMED vs. AEM — Risk / Return Rank
GMED
AEM
GMED vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) 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.
| GMED | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.13 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 0.60 | +0.99 |
| Martin ratioReturn relative to average drawdown | 3.87 | 1.49 | +2.37 |
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Drawdowns
GMED vs. AEM - Drawdown Comparison
The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for GMED and AEM.
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Drawdown Indicators
| GMED | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.91% | -90.49% | +42.58% |
Max Drawdown (1Y)Largest decline over 1 year | -22.10% | -42.41% | +20.31% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -42.41% | -1.99% |
Max Drawdown (5Y)Largest decline over 5 years | -47.91% | -42.41% | -5.50% |
Max Drawdown (10Y)Largest decline over 10 years | -47.91% | -53.86% | +5.95% |
Current DrawdownCurrent decline from peak | -19.32% | -41.62% | +22.30% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -46.63% | +31.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.13% | 17.09% | -7.96% |
Volatility
GMED vs. AEM - Volatility Comparison
Globus Medical, Inc. (GMED) and Agnico Eagle Mines Limited (AEM) have volatilities of 13.69% and 13.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMED | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.69% | 13.36% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 25.33% | 36.30% | -10.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.46% | 44.49% | +4.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.27% | 37.23% | +1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.68% | 37.44% | -1.76% |
Dividends
GMED vs. AEM - Dividend Comparison
GMED has not paid dividends to shareholders, while AEM's dividend yield for the trailing twelve months is around 1.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 1.16% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
GMED Globus Medical, 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
GMED vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between Globus Medical, Inc. 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
GMED vs. AEM - Profitability Comparison
GMED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported a gross profit of 0.00 and revenue of 759.85M. Therefore, the gross margin over that period was 0.0%.
AEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
GMED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported an operating income of 150.39M and revenue of 759.85M, resulting in an operating margin of 19.8%.
AEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
GMED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported a net income of 124.30M and revenue of 759.85M, resulting in a net margin of 16.4%.
AEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
GMED and AEM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GMED has higher volatility (13.69%) compared to AEM (13.36%). In terms of maximum drawdown, GMED dropped -47.91% vs AEM's -90.49%.
GMED currently has the higher Sharpe Ratio (0.71 vs 0.58), 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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