MAG.TO vs. DPM.TO

Last updated Jun 4, 2026

MAG.TO (MAG Silver Corp.) and DPM.TO (Dundee Precious Metals Inc.) are both stocks. Both are in the Basic Materials sector — MAG.TO in Silver, DPM.TO in Gold. At a 0.42 correlation, their price movements are largely independent.

Performance

MAG.TO vs. DPM.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in MAG Silver Corp. (MAG.TO) and Dundee Precious Metals Inc. (DPM.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MAG.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DPM.TO

• 1D: 3.18%
• 1M: 7.21%
• YTD: 11.95%
• 6M: 21.70%
• 1Y: 115.02%
• 3Y*: 74.02%
• 5Y*: 44.15%
• 10Y*: 34.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MAG.TO vs. DPM.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MAG.TO MAG Silver Corp.	0.00%	79.92%	41.62%	-34.80%	6.66%	-23.91%	69.88%	53.40%	-35.57%	5.01%
DPM.TO Dundee Precious Metals Inc.	11.95%	228.58%	56.68%	33.46%	-13.25%	-12.83%	66.69%	55.00%	20.00%	33.33%

Correlation

The correlation between MAG.TO and DPM.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Apr 23, 2003	0.42

Over the past year, the correlation between MAG.TO and DPM.TO has dropped to 0.18 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

Fundamentals

Market Cap MAG.TO : CA$3.60B DPM.TO : CA$10.49B
EPS MAG.TO : CA$0.99 DPM.TO : CA$2.55
PE Ratio MAG.TO : 34.76 DPM.TO : 18.57
PEG Ratio MAG.TO : 0.26 DPM.TO : 0.19
PB Ratio MAG.TO : 5.81 DPM.TO : 3.88
Total Revenue (TTM) MAG.TO : CA$0.00 DPM.TO : CA$1.07B
Gross Profit (TTM) MAG.TO : -CA$726.00K DPM.TO : CA$647.81M
EBITDA (TTM) MAG.TO : CA$110.89M DPM.TO : CA$688.93M

Return for Risk

MAG.TO vs. DPM.TO — Risk / Return Rank

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

DPM.TO

DPM.TO Risk / Return Rank: 88
DPM.TO Sharpe Ratio Rank: 92
DPM.TO Sortino Ratio Rank: 86
DPM.TO Omega Ratio Rank: 87
DPM.TO Calmar Ratio Rank: 87
DPM.TO Martin Ratio Rank: 88

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.

MAG.TO vs. DPM.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG.TO) and Dundee Precious Metals Inc. (DPM.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MAG.TO	DPM.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.55	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.20	—

Drawdowns

Drawdown Indicators

	MAG.TO	DPM.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-94.16%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-29.52%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.88%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-51.96%	—
Current Drawdown Current decline from peak	—	-20.03%	—
Average Drawdown Average peak-to-trough decline	—	-41.60%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.69%	—

Volatility

Volatility by Period

	MAG.TO	DPM.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	45.45%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	38.46%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	47.25%	—

Dividends

MAG.TO vs. DPM.TO - Dividend Comparison

MAG.TO's dividend yield for the trailing twelve months is around 0.41%, less than DPM.TO's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DPM.TO Dundee Precious Metals Inc.	0.55%	0.62%	1.69%	2.52%	4.01%	1.92%	1.31%
MAG.TO MAG Silver Corp.	0.41%	1.57%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MAG.TO and DPM.TO in my portfolio?

MAG.TO and DPM.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.