NVST vs. AEM
NVST (Envista Holdings Corporation) and AEM (Agnico Eagle Mines Limited) are both stocks. NVST operates in Medical Instruments & Supplies (Healthcare), while AEM operates in Gold (Basic Materials). Over the past 5 years, NVST returned -11.50%/yr vs 23.00%/yr for AEM. At a 0.14 correlation, their price movements are largely independent.
Performance
NVST vs. AEM - Performance Comparison
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Returns By Period
In the year-to-date period, NVST achieves a 5.34% return, which is significantly higher than AEM's 4.70% return.
NVST
- 1D
- 2.10%
- 1M
- -12.68%
- YTD
- 5.34%
- 6M
- 13.61%
- 1Y
- 21.97%
- 3Y*
- -11.22%
- 5Y*
- -11.50%
- 10Y*
- —
AEM
- 1D
- 2.97%
- 1M
- -0.54%
- YTD
- 4.70%
- 6M
- 3.54%
- 1Y
- 44.33%
- 3Y*
- 53.13%
- 5Y*
- 23.00%
- 10Y*
- 15.58%
NVST vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NVST Envista Holdings Corporation | 5.34% | 12.55% | -19.83% | -28.54% | -25.28% | 33.59% | 13.80% | 6.05% |
AEM Agnico Eagle Mines Limited | 4.70% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 8.62% |
Correlation
The correlation between NVST 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 | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2019 | 0.14 |
Fundamentals
NVST:
$3.81B
AEM:
$88.68B
NVST:
$0.40
AEM:
$10.60
NVST:
56.80
AEM:
16.68
NVST:
0.68
AEM:
0.26
NVST:
1.37
AEM:
6.58
NVST:
1.24
AEM:
3.38
NVST:
$2.81B
AEM:
$13.51B
NVST:
$1.55B
AEM:
$8.28B
NVST:
$342.00M
AEM:
$9.72B
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Return for Risk
NVST vs. AEM — Risk / Return Rank
NVST
AEM
NVST vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Envista Holdings Corporation (NVST) 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.
| NVST | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.20 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.40 | -0.55 |
| Martin ratioReturn relative to average drawdown | 2.30 | 3.49 | -1.18 |
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
| NVST | AEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 1.03 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | 0.63 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.17 | -0.24 |
Drawdowns
NVST vs. AEM - Drawdown Comparison
The maximum NVST drawdown since its inception was -71.00%, smaller than the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for NVST and AEM.
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Drawdown Indicators
| NVST | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.00% | -90.49% | +19.49% |
Max Drawdown (1Y)Largest decline over 1 year | -25.97% | -31.77% | +5.80% |
Max Drawdown (3Y)Largest decline over 3 years | -58.66% | -31.77% | -26.89% |
Max Drawdown (5Y)Largest decline over 5 years | -71.00% | -46.22% | -24.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.86% | — |
Current DrawdownCurrent decline from peak | -55.07% | -29.74% | -25.33% |
Average DrawdownAverage peak-to-trough decline | -35.00% | -46.66% | +11.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.56% | 12.75% | -3.19% |
Volatility
NVST vs. AEM - Volatility Comparison
The current volatility for Envista Holdings Corporation (NVST) is 12.87%, while Agnico Eagle Mines Limited (AEM) has a volatility of 14.02%. This indicates that NVST experiences smaller price fluctuations and is considered to be less risky than AEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVST | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.87% | 14.02% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 30.60% | 34.69% | -4.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.90% | 43.08% | -4.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.10% | 36.82% | -0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.95% | 37.22% | +2.73% |
Dividends
NVST vs. AEM - Dividend Comparison
NVST has not paid dividends to shareholders, while AEM's dividend yield for the trailing twelve months is around 0.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 0.96% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
NVST Envista Holdings Corporation | 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
NVST vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between Envista Holdings Corporation 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
NVST vs. AEM - Profitability Comparison
NVST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Envista Holdings Corporation reported a gross profit of 390.10M and revenue of 705.50M. Therefore, the gross margin over that period was 55.3%.
AEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
NVST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Envista Holdings Corporation reported an operating income of 62.50M and revenue of 705.50M, resulting in an operating margin of 8.9%.
AEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
NVST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Envista Holdings Corporation reported a net income of 38.70M and revenue of 705.50M, resulting in a net margin of 5.5%.
AEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
NVST 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.
AEM has higher volatility (14.02%) compared to NVST (12.87%). In terms of maximum drawdown, NVST dropped -71.00% vs AEM's -90.49%.
AEM currently has the higher Sharpe Ratio (1.03 vs 0.57), 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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