INVX vs. AGI
INVX (Innovex International, Inc) and AGI (Alamos Gold Inc.) are both stocks. INVX operates in Oil & Gas Equipment & Services (Energy), while AGI operates in Gold (Basic Materials). Over the past 10 years, INVX returned -8.05%/yr vs 12.40%/yr for AGI. At a 0.16 correlation, their price movements are largely independent.
Performance
INVX vs. AGI - Performance Comparison
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Returns By Period
In the year-to-date period, INVX achieves a 16.46% return, which is significantly higher than AGI's -23.48% return. Over the past 10 years, INVX has underperformed AGI with an annualized return of -8.05%, while AGI has yielded a comparatively higher 12.40% annualized return.
INVX
- 1D
- 1.64%
- 1M
- -11.41%
- 6M
- 8.38%
- YTD
- 16.46%
- 1Y
- 57.22%
- 3Y*
- -0.22%
- 5Y*
- -4.39%
- 10Y*
- -8.05%
AGI
- 1D
- -1.41%
- 1M
- -14.58%
- 6M
- -29.40%
- YTD
- -23.48%
- 1Y
- 11.05%
- 3Y*
- 35.85%
- 5Y*
- 31.49%
- 10Y*
- 12.40%
INVX vs. AGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INVX Innovex International, Inc | 16.46% | 56.55% | -39.97% | -14.35% | 38.06% | -33.56% | -36.86% | 56.21% | -37.04% | -20.57% |
AGI Alamos Gold Inc. | -23.48% | 109.93% | 37.72% | 34.33% | 33.11% | -11.00% | 46.75% | 68.42% | -44.49% | -4.57% |
Correlation
The correlation between INVX and AGI 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 | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2003 | 0.16 |
Fundamentals
INVX:
$1.75B
AGI:
$12.37B
INVX:
$0.75
AGI:
$2.52
INVX:
34.02
AGI:
11.71
INVX:
0.10
AGI:
0.08
INVX:
1.81
AGI:
6.02
INVX:
1.70
AGI:
2.69
INVX:
$976.87M
AGI:
$2.07B
INVX:
$280.46M
AGI:
$1.22B
INVX:
$157.28M
AGI:
$1.43B
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Return for Risk
INVX vs. AGI — Risk / Return Rank
INVX
AGI
INVX vs. AGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovex International, Inc (INVX) and Alamos Gold Inc. (AGI). 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.
| INVX | AGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.09 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 0.28 | +2.09 |
| Martin ratioReturn relative to average drawdown | 6.48 | 0.74 | +5.74 |
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Drawdowns
INVX vs. AGI - Drawdown Comparison
The maximum INVX drawdown since its inception was -89.50%, roughly equal to the maximum AGI drawdown of -88.13%. Use the drawdown chart below to compare losses from any high point for INVX and AGI.
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Drawdown Indicators
| INVX | AGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.50% | -88.13% | -1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -23.96% | -47.06% | +23.10% |
Max Drawdown (3Y)Largest decline over 3 years | -58.93% | -47.06% | -11.87% |
Max Drawdown (5Y)Largest decline over 5 years | -68.88% | -47.06% | -21.82% |
Max Drawdown (10Y)Largest decline over 10 years | -81.31% | -69.05% | -12.26% |
Current DrawdownCurrent decline from peak | -78.66% | -46.65% | -32.01% |
Average DrawdownAverage peak-to-trough decline | -45.49% | -37.74% | -7.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.75% | 17.85% | -9.10% |
Volatility
INVX vs. AGI - Volatility Comparison
The current volatility for Innovex International, Inc (INVX) is 10.54%, while Alamos Gold Inc. (AGI) has a volatility of 19.40%. This indicates that INVX experiences smaller price fluctuations and is considered to be less risky than AGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INVX | AGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.54% | 19.40% | -8.86% |
Volatility (6M)Calculated over the trailing 6-month period | 30.46% | 45.42% | -14.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.58% | 53.69% | -12.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.24% | 41.82% | +4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.64% | 48.53% | -1.89% |
Dividends
INVX vs. AGI - Dividend Comparison
INVX has not paid dividends to shareholders, while AGI's dividend yield for the trailing twelve months is around 0.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGI Alamos Gold Inc. | 0.44% | 0.26% | 0.54% | 0.74% | 0.99% | 1.30% | 0.74% | 0.66% | 0.56% | 0.31% | 0.29% | 1.22% |
INVX Innovex International, 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
INVX vs. AGI - Financials Comparison
This section allows you to compare key financial metrics between Innovex International, Inc and Alamos Gold 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.
Total Revenue: Total amount of money received from sales and other business activities
INVX vs. AGI - Profitability Comparison
INVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Innovex International, Inc reported a gross profit of 84.51M and revenue of 239.03M. Therefore, the gross margin over that period was 35.4%.
AGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Alamos Gold Inc. reported a gross profit of 376.02M and revenue of 588.43M. Therefore, the gross margin over that period was 63.9%.
INVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Innovex International, Inc reported an operating income of -21.83M and revenue of 239.03M, resulting in an operating margin of -9.1%.
AGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Alamos Gold Inc. reported an operating income of 337.66M and revenue of 588.43M, resulting in an operating margin of 57.4%.
INVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Innovex International, Inc reported a net income of -16.67M and revenue of 239.03M, resulting in a net margin of -7.0%.
AGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Alamos Gold Inc. reported a net income of 188.75M and revenue of 588.43M, resulting in a net margin of 32.1%.
Frequently Asked Questions
INVX and AGI 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.
AGI has higher volatility (19.40%) compared to INVX (10.54%). In terms of maximum drawdown, INVX dropped -89.50% vs AGI's -88.13%.
INVX currently has the higher Sharpe Ratio (1.37 vs 0.25), 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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