PLUG vs. FSM
PLUG (Plug Power Inc.) and FSM (Fortuna Silver Mines Inc.) are both stocks. PLUG operates in Electrical Equipment & Parts (Industrials), while FSM operates in Silver (Basic Materials). Over the past 10 years, PLUG returned 5.89%/yr vs 3.04%/yr for FSM. At a 0.13 correlation, their price movements are largely independent.
Performance
PLUG vs. FSM - Performance Comparison
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Returns By Period
In the year-to-date period, PLUG achieves a 61.93% return, which is significantly higher than FSM's -10.60% return. Over the past 10 years, PLUG has outperformed FSM with an annualized return of 5.89%, while FSM has yielded a comparatively lower 3.04% annualized return.
PLUG
- 1D
- -0.78%
- 1M
- 2.24%
- YTD
- 61.93%
- 6M
- 47.69%
- 1Y
- 229.14%
- 3Y*
- -29.67%
- 5Y*
- -37.11%
- 10Y*
- 5.89%
FSM
- 1D
- 0.92%
- 1M
- -18.49%
- YTD
- -10.60%
- 6M
- -4.88%
- 1Y
- 23.00%
- 3Y*
- 35.95%
- 5Y*
- 5.60%
- 10Y*
- 3.04%
PLUG vs. FSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLUG Plug Power Inc. | 61.93% | -7.51% | -52.67% | -63.62% | -56.18% | -16.75% | 973.10% | 154.84% | -47.46% | 96.67% |
FSM Fortuna Silver Mines Inc. | -10.60% | 128.67% | 11.14% | 2.93% | -3.85% | -52.67% | 101.96% | 12.09% | -30.27% | -7.61% |
Correlation
The correlation between PLUG and FSM is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 8, 2007 | 0.13 |
Fundamentals
PLUG:
$4.43B
FSM:
$2.92B
PLUG:
-$1.39
FSM:
$1.06
PLUG:
5.21
FSM:
2.57
PLUG:
5.91
FSM:
1.65
PLUG:
$739.76M
FSM:
$1.10B
PLUG:
-$189.79M
FSM:
$598.05M
PLUG:
-$745.89M
FSM:
$743.42M
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Return for Risk
PLUG vs. FSM — Risk / Return Rank
PLUG
FSM
PLUG vs. FSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Plug Power Inc. (PLUG) and Fortuna Silver Mines Inc. (FSM). 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.
| PLUG | FSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.12 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 0.62 | +3.45 |
| Martin ratioReturn relative to average drawdown | 6.93 | 1.51 | +5.42 |
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
| PLUG | FSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 0.41 | +1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.39 | 0.10 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.05 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.14 | 0.13 | -0.27 |
Drawdowns
PLUG vs. FSM - Drawdown Comparison
The maximum PLUG drawdown since its inception was -99.99%, which is greater than FSM's maximum drawdown of -92.25%. Use the drawdown chart below to compare losses from any high point for PLUG and FSM.
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Drawdown Indicators
| PLUG | FSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -92.25% | -7.74% |
Max Drawdown (1Y)Largest decline over 1 year | -56.66% | -37.26% | -19.40% |
Max Drawdown (3Y)Largest decline over 3 years | -94.69% | -37.26% | -57.43% |
Max Drawdown (5Y)Largest decline over 5 years | -98.43% | -69.35% | -29.08% |
Max Drawdown (10Y)Largest decline over 10 years | -99.04% | -81.07% | -17.97% |
Current DrawdownCurrent decline from peak | -99.79% | -35.80% | -63.99% |
Average DrawdownAverage peak-to-trough decline | -96.23% | -45.17% | -51.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.23% | 15.37% | +17.86% |
Volatility
PLUG vs. FSM - Volatility Comparison
Plug Power Inc. (PLUG) has a higher volatility of 30.53% compared to Fortuna Silver Mines Inc. (FSM) at 15.57%. This indicates that PLUG's price experiences larger fluctuations and is considered to be riskier than FSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLUG | FSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.53% | 15.57% | +14.96% |
Volatility (6M)Calculated over the trailing 6-month period | 63.42% | 44.86% | +18.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 111.05% | 57.05% | +54.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.50% | 57.36% | +37.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.47% | 59.44% | +30.03% |
Dividends
PLUG vs. FSM - Dividend Comparison
Neither PLUG nor FSM has paid dividends to shareholders.
Financials
PLUG vs. FSM - Financials Comparison
This section allows you to compare key financial metrics between Plug Power Inc. and Fortuna Silver Mines 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
Frequently Asked Questions
PLUG and FSM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLUG has higher volatility (30.53%) compared to FSM (15.57%). In terms of maximum drawdown, PLUG dropped -99.99% vs FSM's -92.25%.
PLUG currently has the higher Sharpe Ratio (2.08 vs 0.41), 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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