SII vs. AEM

Last updated Jun 13, 2026

SII (Sprott Inc) and AEM (Agnico Eagle Mines Limited) are both stocks. SII operates in Asset Management (Financial Services), while AEM operates in Gold (Basic Materials). Over the past 5 years, SII returned 25.04%/yr vs 20.78%/yr for AEM. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

SII vs. AEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Inc (SII) 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, SII achieves a 22.00% return, which is significantly higher than AEM's -3.66% return.

SII

• 1D: 2.63%
• 1M: -7.65%
• YTD: 22.00%
• 6M: 27.36%
• 1Y: 90.72%
• 3Y*: 56.34%
• 5Y*: 25.04%
• 10Y*: —

AEM

• 1D: 3.09%
• 1M: -9.59%
• YTD: -3.66%
• 6M: -2.93%
• 1Y: 31.90%
• 3Y*: 50.92%
• 5Y*: 20.78%
• 10Y*: 14.70%

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

SII vs. AEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SII Sprott Inc	22.00%	137.17%	27.39%	5.00%	-24.09%	59.43%	-19.45%
AEM Agnico Eagle Mines Limited	-3.66%	119.53%	46.04%	8.98%	1.08%	-22.81%	16.75%

Correlation

The correlation between SII and AEM is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 29, 2020	0.53

The correlation between SII and AEM has been stable across timeframes, ranging from 0.53 to 0.61 - a consistent structural relationship.

Fundamentals

Market Cap SII : $2.20B AEM : $81.60B
EPS SII : $3.53 AEM : $10.60
PE Ratio SII : 33.69 AEM : 15.35
PEG Ratio SII : 0.90 AEM : 0.24
PS Ratio SII : 7.55 AEM : 6.06
PB Ratio SII : 5.78 AEM : 3.11
Total Revenue (TTM) SII : $377.77M AEM : $13.51B
Gross Profit (TTM) SII : $278.09M AEM : $8.28B
EBITDA (TTM) SII : $120.39M AEM : $9.72B

Return for Risk

SII vs. AEM — Risk / Return Rank

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

SII

SII Risk / Return Rank: 85
SII Sharpe Ratio Rank: 89
SII Sortino Ratio Rank: 85
SII Omega Ratio Rank: 84
SII Calmar Ratio Rank: 83
SII Martin Ratio Rank: 84

AEM

AEM Risk / Return Rank: 64
AEM Sharpe Ratio Rank: 69
AEM Sortino Ratio Rank: 61
AEM Omega Ratio Rank: 62
AEM Calmar Ratio Rank: 61
AEM Martin Ratio Rank: 65

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.

SII vs. AEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Inc (SII) 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.

	SII	AEM	Difference
Sharpe ratio: Return per unit of total volatility	1.94	0.79	+1.15
Sortino ratio: Return per unit of downside risk	2.55	1.22	+1.33
Omega ratio: Gain probability vs. loss probability	1.33	1.16	+0.17
Calmar ratio: Return relative to maximum drawdown	2.84	0.88	+1.96
Martin ratio: Return relative to average drawdown	7.83	2.48	+5.35

SII vs. AEM - Sharpe Ratio Comparison

The current SII Sharpe Ratio is 1.94, which is higher than the AEM Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of SII 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

SII vs. AEM - Drawdown Comparison

The maximum SII drawdown since its inception was -47.81%, smaller than the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for SII and AEM.

Drawdown Indicators

	SII	AEM	Difference
Max Drawdown Largest peak-to-trough decline	-47.81%	-90.49%	+42.68%
Max Drawdown (1Y) Largest decline over 1 year	-32.00%	-39.39%	+7.39%
Max Drawdown (3Y) Largest decline over 3 years	-32.00%	-39.39%	+7.39%
Max Drawdown (5Y) Largest decline over 5 years	-47.81%	-43.03%	-4.78%
Max Drawdown (10Y) Largest decline over 10 years	—	-53.86%	—
Current Drawdown Current decline from peak	-28.38%	-35.35%	+6.97%
Average Drawdown Average peak-to-trough decline	-21.08%	-46.65%	+25.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.57%	13.93%	-2.36%

Volatility

SII vs. AEM - Volatility Comparison

The current volatility for Sprott Inc (SII) is 12.83%, while Agnico Eagle Mines Limited (AEM) has a volatility of 15.31%. This indicates that SII 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.

Volatility by Period

	SII	AEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.83%	15.31%	-2.48%
Volatility (6M) Calculated over the trailing 6-month period	40.12%	36.02%	+4.10%
Volatility (1Y) Calculated over the trailing 1-year period	46.77%	44.06%	+2.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.64%	37.06%	+0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.67%	37.35%	+0.32%

Dividends

SII vs. AEM - Dividend Comparison

SII's dividend yield for the trailing twelve months is around 1.26%, more than AEM's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEM Agnico Eagle Mines Limited	1.05%	0.94%	2.05%	2.92%	3.08%	2.63%	2.36%	0.89%	1.09%	0.89%	0.86%	1.22%
SII Sprott Inc	1.26%	1.33%	2.49%	2.95%	3.00%	2.22%	1.66%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

SII vs. AEM - Profitability Comparison

The chart below illustrates the profitability comparison between Sprott Inc and Agnico Eagle Mines Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SII - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sprott Inc reported a gross profit of 131.24M and revenue of 143.35M. Therefore, the gross margin over that period was 91.6%.

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%.

SII - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sprott Inc reported an operating income of 41.26M and revenue of 143.35M, resulting in an operating margin of 28.8%.

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%.

SII - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sprott Inc reported a net income of 28.81M and revenue of 143.35M, resulting in a net margin of 20.1%.

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

Can I hold both SII and AEM in my portfolio?

SII and AEM have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SII or AEM?

AEM has higher volatility (15.31%) compared to SII (12.83%). In terms of maximum drawdown, SII dropped -47.81% vs AEM's -90.49%.

Which has better risk-adjusted returns?

SII currently has the higher Sharpe Ratio (1.94 vs 0.79), 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.