INSM vs. MSA.TO
INSM (Insmed Incorporated) and MSA.TO (Mineros S.A.) are both stocks. INSM operates in Biotechnology (Healthcare), while MSA.TO operates in Gold (Basic Materials). Over the past 3 years, INSM returned 71.02%/yr vs 123.90%/yr for MSA.TO. At a 0.01 correlation, their price movements are largely independent.
Performance
INSM vs. MSA.TO - Performance Comparison
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Different Trading Currencies
INSM is traded in USD, while MSA.TO is traded in CAD. To make them comparable, the MSA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, INSM achieves a -43.09% return, which is significantly lower than MSA.TO's -2.28% return.
INSM
- 1D
- 5.17%
- 1M
- -2.28%
- YTD
- -43.09%
- 6M
- -48.99%
- 1Y
- 40.12%
- 3Y*
- 71.02%
- 5Y*
- 27.78%
- 10Y*
- 24.71%
MSA.TO
- 1D
- 4.31%
- 1M
- -5.81%
- YTD
- -2.28%
- 6M
- 0.07%
- 1Y
- 127.05%
- 3Y*
- 123.90%
- 5Y*
- —
- 10Y*
- —
INSM vs. MSA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
INSM Insmed Incorporated | -43.09% | 152.09% | 122.78% | 55.11% | -26.65% | -11.01% |
MSA.TO Mineros S.A. | -2.28% | 319.89% | 138.55% | 9.63% | -36.05% | -2.83% |
Correlation
The correlation between INSM and MSA.TO 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 | 0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.01 |
The correlation between INSM and MSA.TO shifts across timeframes, from 0.01 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
INSM:
$21.34B
MSA.TO:
CA$1.65B
INSM:
-$5.71
MSA.TO:
CA$0.66
INSM:
25.07
MSA.TO:
1.76
INSM:
30.28
MSA.TO:
2.89
INSM:
$819.56M
MSA.TO:
CA$937.58M
INSM:
$668.55M
MSA.TO:
CA$403.36M
INSM:
-$1.14B
MSA.TO:
CA$400.83M
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Return for Risk
INSM vs. MSA.TO — Risk / Return Rank
INSM
MSA.TO
INSM vs. MSA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Insmed Incorporated (INSM) and Mineros S.A. (MSA.TO). 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.
| INSM | MSA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.33 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 3.05 | -2.32 |
| Martin ratioReturn relative to average drawdown | 1.76 | 7.67 | -5.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| INSM | MSA.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 2.31 | -1.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.97 | -0.99 |
Drawdowns
INSM vs. MSA.TO - Drawdown Comparison
The maximum INSM drawdown since its inception was -98.65%, which is greater than MSA.TO's maximum drawdown of -53.31%. Use the drawdown chart below to compare losses from any high point for INSM and MSA.TO.
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Drawdown Indicators
| INSM | MSA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.65% | -53.31% | -45.34% |
Max Drawdown (1Y)Largest decline over 1 year | -55.46% | -41.93% | -13.53% |
Max Drawdown (3Y)Largest decline over 3 years | -55.46% | -41.93% | -13.53% |
Max Drawdown (5Y)Largest decline over 5 years | -55.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.84% | — | — |
Current DrawdownCurrent decline from peak | -53.15% | -28.53% | -24.62% |
Average DrawdownAverage peak-to-trough decline | -86.09% | -20.52% | -65.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.91% | 16.62% | +6.29% |
Volatility
INSM vs. MSA.TO - Volatility Comparison
Insmed Incorporated (INSM) and Mineros S.A. (MSA.TO) have volatilities of 19.09% and 19.30%, 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
| INSM | MSA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.09% | 19.30% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 45.36% | 41.42% | +3.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.33% | 55.26% | +4.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.79% | 53.44% | +19.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.48% | 53.44% | +25.04% |
Dividends
INSM vs. MSA.TO - Dividend Comparison
INSM has not paid dividends to shareholders, while MSA.TO's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
INSM Insmed Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSA.TO Mineros S.A. | 2.49% | 2.49% | 8.48% | 14.20% | 13.11% |
Financials
INSM vs. MSA.TO - Financials Comparison
This section allows you to compare key financial metrics between Insmed Incorporated and Mineros S.A.. 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
INSM vs. MSA.TO - Profitability Comparison
INSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Insmed Incorporated reported a gross profit of 258.54M and revenue of 305.96M. Therefore, the gross margin over that period was 84.5%.
MSA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mineros S.A. reported a gross profit of 142.57M and revenue of 291.81M. Therefore, the gross margin over that period was 48.9%.
INSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Insmed Incorporated reported an operating income of -198.20M and revenue of 305.96M, resulting in an operating margin of -64.8%.
MSA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mineros S.A. reported an operating income of 135.21M and revenue of 291.81M, resulting in an operating margin of 46.3%.
INSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Insmed Incorporated reported a net income of -163.56M and revenue of 305.96M, resulting in a net margin of -53.5%.
MSA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mineros S.A. reported a net income of 87.69M and revenue of 291.81M, resulting in a net margin of 30.1%.
Frequently Asked Questions
INSM and MSA.TO 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.
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