OPTU vs. AEM

Last updated Jun 23, 2026

OPTU (Optimum Communications, Inc) and AEM (Agnico Eagle Mines Limited) are both stocks. OPTU operates in Telecom Services (Communication Services), while AEM operates in Gold (Basic Materials). Over the past 5 years, OPTU returned -48.34%/yr vs 24.66%/yr for AEM. At a 0.10 correlation, their price movements are largely independent.

Performance

OPTU vs. AEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimum Communications, Inc (OPTU) and Agnico Eagle Mines Limited (AEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OPTU achieves a -24.24% return, which is significantly lower than AEM's -1.16% return.

OPTU

• 1D: 8.70%
• 1M: 89.08%
• YTD: -24.24%
• 6M: -28.16%
• 1Y: -37.19%
• 3Y*: -16.28%
• 5Y*: -48.34%
• 10Y*: —

AEM

• 1D: 0.11%
• 1M: -4.92%
• YTD: -1.16%
• 6M: -6.98%
• 1Y: 39.16%
• 3Y*: 53.19%
• 5Y*: 24.66%
• 10Y*: 14.52%

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

OPTU vs. AEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OPTU Optimum Communications, Inc	-24.24%	-31.54%	-25.85%	-29.35%	-71.57%	-57.27%	38.51%	65.50%	-3.98%	-32.82%
AEM Agnico Eagle Mines Limited	-1.16%	119.53%	46.04%	8.98%	1.08%	-22.81%	17.39%	54.18%	-11.51%	-0.07%

Correlation

The correlation between OPTU and AEM is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Jun 22, 2017	0.10

Fundamentals

Market Cap OPTU : $590.53M AEM : $83.71B
EPS OPTU : -$9.97 AEM : $10.60
PS Ratio OPTU : 0.07 AEM : 6.22
Total Revenue (TTM) OPTU : $8.50B AEM : $13.51B
Gross Profit (TTM) OPTU : $5.50B AEM : $8.28B
EBITDA (TTM) OPTU : $3.29B AEM : $9.72B

Return for Risk

OPTU vs. AEM — Risk / Return Rank

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

OPTU

OPTU Risk / Return Rank: 28
OPTU Sharpe Ratio Rank: 27
OPTU Sortino Ratio Rank: 30
OPTU Omega Ratio Rank: 30
OPTU Calmar Ratio Rank: 26
OPTU Martin Ratio Rank: 24

AEM

AEM Risk / Return Rank: 65
AEM Sharpe Ratio Rank: 70
AEM Sortino Ratio Rank: 62
AEM Omega Ratio Rank: 64
AEM Calmar Ratio Rank: 63
AEM Martin Ratio Rank: 66

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.

OPTU vs. AEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Optimum Communications, Inc (OPTU) 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.

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.

	OPTU	AEM	Difference
Sharpe ratio: Return per unit of total volatility	-0.36	0.88	-1.25
Sortino ratio: Return per unit of downside risk	-0.07	1.32	-1.39
Omega ratio: Gain probability vs. loss probability	0.99	1.18	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.47	1.00	-1.47
Martin ratio: Return relative to average drawdown	-0.91	2.69	-3.60

OPTU vs. AEM - Sharpe Ratio Comparison

The current OPTU Sharpe Ratio is -0.36, which is lower than the AEM Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of OPTU and AEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OPTU vs. AEM - Drawdown Comparison

The maximum OPTU drawdown since its inception was -98.40%, which is greater than AEM's maximum drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for OPTU and AEM.

Drawdown Indicators

	OPTU	AEM	Difference
Max Drawdown Largest peak-to-trough decline	-98.40%	-90.49%	-7.91%
Max Drawdown (1Y) Largest decline over 1 year	-79.51%	-39.39%	-40.12%
Max Drawdown (3Y) Largest decline over 3 years	-83.39%	-39.39%	-44.00%
Max Drawdown (5Y) Largest decline over 5 years	-98.27%	-41.97%	-56.30%
Max Drawdown (10Y) Largest decline over 10 years	—	-53.86%	—
Current Drawdown Current decline from peak	-96.70%	-33.68%	-63.02%
Average Drawdown Average peak-to-trough decline	-55.85%	-46.64%	-9.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.91%	14.62%	+26.29%

Volatility

OPTU vs. AEM - Volatility Comparison

Optimum Communications, Inc (OPTU) has a higher volatility of 62.06% compared to Agnico Eagle Mines Limited (AEM) at 15.34%. This indicates that OPTU's price experiences larger fluctuations and is considered to be riskier than AEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OPTU	AEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	62.06%	15.34%	+46.72%
Volatility (6M) Calculated over the trailing 6-month period	76.64%	36.50%	+40.14%
Volatility (1Y) Calculated over the trailing 1-year period	103.10%	44.59%	+58.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.74%	37.08%	+44.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.16%	37.41%	+28.75%

Dividends

OPTU vs. AEM - Dividend Comparison

OPTU has not paid dividends to shareholders, while AEM's dividend yield for the trailing twelve months is around 1.02%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEM Agnico Eagle Mines Limited	1.02%	0.94%	2.05%	2.92%	3.08%	2.63%	2.36%	0.89%	1.09%	0.89%	0.86%	1.22%
OPTU Optimum Communications, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	24.64%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both OPTU and AEM in my portfolio?

OPTU and AEM have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OPTU or AEM?

OPTU has higher volatility (62.06%) compared to AEM (15.34%). In terms of maximum drawdown, OPTU dropped -98.40% vs AEM's -90.49%.

Which has better risk-adjusted returns?

AEM currently has the higher Sharpe Ratio (0.88 vs -0.36), 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.