MAG vs. PAAS
MAG (MAG Silver Corp.) and PAAS (Pan American Silver Corp.) are both stocks. Both operate in the Silver industry within the Basic Materials sector. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
MAG vs. PAAS - Performance Comparison
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Returns By Period
MAG
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PAAS
- 1D
- 1.44%
- 1M
- -5.53%
- 6M
- -17.98%
- YTD
- -15.10%
- 1Y
- 64.04%
- 3Y*
- 44.21%
- 5Y*
- 11.89%
- 10Y*
- 10.09%
- ALL TIME*
- 8.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $147.68M | $163.00M | $234.96M |
MAG vs. PAAS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAG MAG Silver Corp. | 0.00% | 85.31% | 30.64% | -33.40% | -0.26% | -23.64% | 73.31% | 62.19% | -40.94% | 12.06% |
PAAS Pan American Silver Corp. | -15.10% | 160.40% | 26.61% | 2.50% | -33.00% | -26.78% | 46.88% | 63.86% | -5.30% | 3.86% |
Correlation
The correlation between MAG and PAAS is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 1995 | 0.32 |
The correlation between MAG and PAAS shifts across timeframes, from 0.20 (1 year) to 0.74 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MAG:
$2.56B
PAAS:
$18.43B
MAG:
$0.99
PAAS:
$3.12
MAG:
24.61
PAAS:
14.00
MAG:
0.18
PAAS:
0.08
MAG:
4.13
PAAS:
2.51
MAG:
$0.00
PAAS:
$4.02B
MAG:
-$729.02K
PAAS:
$1.76B
MAG:
$68.69M
PAAS:
$2.14B
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Return for Risk
MAG vs. PAAS — Risk / Return Rank
MAG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PAAS
MAG vs. PAAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG) and Pan American Silver Corp. (PAAS). 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.
| MAG | PAAS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.66 | — |
| Martin ratioReturn relative to average drawdown | — | 3.61 | — |
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Drawdowns
MAG vs. PAAS - Drawdown Comparison
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Drawdown Indicators
| MAG | PAAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -85.10% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -38.84% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -38.84% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.74% | — |
Current DrawdownCurrent decline from peak | — | -35.97% | — |
Average DrawdownAverage peak-to-trough decline | — | -41.61% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 17.80% | — |
Volatility
MAG vs. PAAS - Volatility Comparison
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Volatility by Period
| MAG | PAAS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 41.47% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 56.34% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 48.25% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 49.57% | — |
Dividends
MAG vs. PAAS - Dividend Comparison
MAG has not paid dividends to shareholders, while PAAS's dividend yield for the trailing twelve months is around 1.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAG MAG Silver Corp. | 0.59% | 2.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PAAS Pan American Silver Corp. | 1.42% | 0.89% | 1.98% | 2.45% | 2.75% | 1.36% | 0.64% | 0.59% | 0.96% | 0.64% | 0.33% | 4.23% |
Financials
MAG vs. PAAS - Financials Comparison
This section allows you to compare key financial metrics between MAG Silver Corp. and Pan American Silver Corp.. 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
Frequently Asked Questions
MAG and PAAS 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.
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