NXT vs. AGI.TO
NXT (Nextracker Inc) and AGI.TO (Alamos Gold Inc.) are both stocks. NXT operates in Solar (Technology), while AGI.TO operates in Gold (Basic Materials). Over the past 3 years, NXT returned 42.45%/yr vs 42.62%/yr for AGI.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
NXT vs. AGI.TO - Performance Comparison
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Different Trading Currencies
NXT is traded in USD, while AGI.TO is traded in CAD. To make them comparable, the AGI.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NXT achieves a 39.92% return, which is significantly higher than AGI.TO's -8.85% return.
NXT
- 1D
- 1.84%
- 1M
- -14.62%
- YTD
- 39.92%
- 6M
- 40.50%
- 1Y
- 100.76%
- 3Y*
- 42.45%
- 5Y*
- —
- 10Y*
- —
AGI.TO
- 1D
- 2.02%
- 1M
- -18.99%
- YTD
- -8.85%
- 6M
- -8.29%
- 1Y
- 28.36%
- 3Y*
- 42.62%
- 5Y*
- 32.82%
- 10Y*
- 17.19%
NXT vs. AGI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NXT Nextracker Inc | 39.92% | 138.46% | -22.03% | 54.57% |
AGI.TO Alamos Gold Inc. | -8.85% | 110.12% | 38.03% | 24.55% |
Correlation
The correlation between NXT and AGI.TO 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 | 0.12 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.10 |
Fundamentals
NXT:
$18.85B
AGI.TO:
CA$20.75B
NXT:
$3.83
AGI.TO:
$2.52
NXT:
31.80
AGI.TO:
13.99
NXT:
0.01
AGI.TO:
0.09
NXT:
5.23
AGI.TO:
7.19
NXT:
8.08
AGI.TO:
3.22
NXT:
$3.56B
AGI.TO:
$2.07B
NXT:
$1.16B
AGI.TO:
$1.22B
NXT:
$731.65M
AGI.TO:
$1.43B
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Return for Risk
NXT vs. AGI.TO — Risk / Return Rank
NXT
AGI.TO
NXT vs. AGI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nextracker Inc (NXT) and Alamos Gold Inc. (AGI.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.
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.
| NXT | AGI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.14 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | 0.72 | +3.00 |
| Martin ratioReturn relative to average drawdown | 9.21 | 2.06 | +7.15 |
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Drawdowns
NXT vs. AGI.TO - Drawdown Comparison
The maximum NXT drawdown since its inception was -48.61%, smaller than the maximum AGI.TO drawdown of -88.23%. Use the drawdown chart below to compare losses from any high point for NXT and AGI.TO.
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Drawdown Indicators
| NXT | AGI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.61% | -88.23% | +39.62% |
Max Drawdown (1Y)Largest decline over 1 year | -28.42% | -40.44% | +12.02% |
Max Drawdown (3Y)Largest decline over 3 years | -48.61% | -40.44% | -8.17% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.24% | — |
Current DrawdownCurrent decline from peak | -22.07% | -36.26% | +14.19% |
Average DrawdownAverage peak-to-trough decline | -15.35% | -40.82% | +25.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.45% | 14.06% | -2.61% |
Volatility
NXT vs. AGI.TO - Volatility Comparison
Nextracker Inc (NXT) has a higher volatility of 28.43% compared to Alamos Gold Inc. (AGI.TO) at 17.53%. This indicates that NXT's price experiences larger fluctuations and is considered to be riskier than AGI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXT | AGI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.43% | 17.53% | +10.90% |
Volatility (6M)Calculated over the trailing 6-month period | 50.28% | 41.70% | +8.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.83% | 50.53% | +15.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.76% | 39.75% | +21.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.76% | 47.07% | +13.69% |
Dividends
NXT vs. AGI.TO - Dividend Comparison
NXT has not paid dividends to shareholders, while AGI.TO's dividend yield for the trailing twelve months is around 0.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGI.TO Alamos Gold Inc. | 0.37% | 0.26% | 0.52% | 0.76% | 0.91% | 1.03% | 0.79% | 0.51% | 0.41% | 0.29% | 0.22% | 0.88% |
NXT Nextracker 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
NXT vs. AGI.TO - Financials Comparison
This section allows you to compare key financial metrics between Nextracker 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
NXT vs. AGI.TO - Profitability Comparison
NXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nextracker Inc reported a gross profit of 297.38M and revenue of 880.52M. Therefore, the gross margin over that period was 33.8%.
AGI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alamos Gold Inc. reported a gross profit of 375.05M and revenue of 586.92M. Therefore, the gross margin over that period was 63.9%.
NXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nextracker Inc reported an operating income of 153.59M and revenue of 880.52M, resulting in an operating margin of 17.4%.
AGI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alamos Gold Inc. reported an operating income of 336.79M and revenue of 586.92M, resulting in an operating margin of 57.4%.
NXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nextracker Inc reported a net income of 150.60M and revenue of 880.52M, resulting in a net margin of 17.1%.
AGI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alamos Gold Inc. reported a net income of 188.26M and revenue of 586.92M, resulting in a net margin of 32.1%.
Frequently Asked Questions
NXT and AGI.TO 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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