SVM vs. AG
SVM (Silvercorp Metals Inc.) and AG (First Majestic Silver Corp.) are both stocks. Both operate in the Silver industry within the Basic Materials sector. Over the past 10 years, SVM returned 19.41%/yr vs 3.86%/yr for AG. A 0.73 correlation means they provide meaningful diversification when combined.
Performance
SVM vs. AG - Performance Comparison
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Returns By Period
In the year-to-date period, SVM achieves a 35.63% return, which is significantly higher than AG's 6.07% return. Over the past 10 years, SVM has outperformed AG with an annualized return of 19.41%, while AG has yielded a comparatively lower 3.86% annualized return.
SVM
- 1D
- 7.52%
- 1M
- -28.00%
- YTD
- 35.63%
- 6M
- 39.13%
- 1Y
- 166.61%
- 3Y*
- 57.23%
- 5Y*
- 13.01%
- 10Y*
- 19.41%
AG
- 1D
- 4.31%
- 1M
- -26.33%
- YTD
- 6.07%
- 6M
- 10.86%
- 1Y
- 114.66%
- 3Y*
- 46.79%
- 5Y*
- 0.02%
- 10Y*
- 3.86%
SVM vs. AG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SVM Silvercorp Metals Inc. | 35.63% | 179.29% | 14.88% | -10.33% | -20.60% | -43.52% | 18.54% | 172.27% | -18.96% | 12.52% |
AG First Majestic Silver Corp. | 6.07% | 204.32% | -10.47% | -25.99% | -24.73% | -17.24% | 9.62% | 108.15% | -12.61% | -11.66% |
Correlation
The correlation between SVM and AG is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2010 | 0.73 |
The correlation between SVM and AG shifts across timeframes, from 0.73 (all time) to 0.87 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SVM:
$2.50B
AG:
$8.86B
SVM:
-$0.05
AG:
$0.60
SVM:
5.67
AG:
5.84
SVM:
2.65
AG:
3.05
SVM:
$437.11M
AG:
$1.49B
SVM:
$254.02M
AG:
$646.49M
SVM:
$185.32M
AG:
$824.25M
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Return for Risk
SVM vs. AG — Risk / Return Rank
SVM
AG
SVM vs. AG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Silvercorp Metals Inc. (SVM) and First Majestic Silver Corp. (AG). 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.
| SVM | AG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.26 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.30 | 2.27 | +2.03 |
| Martin ratioReturn relative to average drawdown | 12.58 | 5.56 | +7.02 |
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Drawdowns
SVM vs. AG - Drawdown Comparison
The maximum SVM drawdown since its inception was -98.00%, which is greater than AG's maximum drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for SVM and AG.
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Drawdown Indicators
| SVM | AG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.00% | -90.20% | -7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -39.02% | -50.88% | +11.86% |
Max Drawdown (3Y)Largest decline over 3 years | -42.86% | -50.88% | +8.02% |
Max Drawdown (5Y)Largest decline over 5 years | -67.44% | -76.74% | +9.30% |
Max Drawdown (10Y)Largest decline over 10 years | -76.19% | -80.82% | +4.63% |
Current DrawdownCurrent decline from peak | -42.85% | -44.81% | +1.96% |
Average DrawdownAverage peak-to-trough decline | -71.64% | -59.18% | -12.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.30% | 20.71% | -7.41% |
Volatility
SVM vs. AG - Volatility Comparison
Silvercorp Metals Inc. (SVM) has a higher volatility of 26.97% compared to First Majestic Silver Corp. (AG) at 25.25%. This indicates that SVM's price experiences larger fluctuations and is considered to be riskier than AG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SVM | AG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.97% | 25.25% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 56.61% | 58.23% | -1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.31% | 73.80% | -4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.63% | 61.76% | -6.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.77% | 62.02% | -0.25% |
Dividends
SVM vs. AG - Dividend Comparison
SVM's dividend yield for the trailing twelve months is around 0.22%, more than AG's 0.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | 0.20% | 0.12% | 0.33% | 0.34% | 0.31% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SVM Silvercorp Metals Inc. | 0.22% | 0.30% | 0.83% | 0.95% | 0.84% | 0.66% | 0.37% | 0.44% | 1.19% | 0.76% | 0.43% | 2.13% |
Financials
SVM vs. AG - Financials Comparison
This section allows you to compare key financial metrics between Silvercorp Metals Inc. and First Majestic Silver Corp.. 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
SVM vs. AG - Profitability Comparison
SVM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported a gross profit of 99.96M and revenue of 145.32M. Therefore, the gross margin over that period was 68.8%.
AG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Majestic Silver Corp. reported a gross profit of 259.78M and revenue of 470.07M. Therefore, the gross margin over that period was 55.3%.
SVM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported an operating income of 93.44M and revenue of 145.32M, resulting in an operating margin of 64.3%.
AG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Majestic Silver Corp. reported an operating income of 232.71M and revenue of 470.07M, resulting in an operating margin of 49.5%.
SVM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported a net income of -606.31K and revenue of 145.32M, resulting in a net margin of -0.4%.
AG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Majestic Silver Corp. reported a net income of 126.32M and revenue of 470.07M, resulting in a net margin of 26.9%.
Frequently Asked Questions
SVM and AG have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SVM has higher volatility (26.97%) compared to AG (25.25%). In terms of maximum drawdown, SVM dropped -98.00% vs AG's -90.20%.
SVM currently has the higher Sharpe Ratio (2.42 vs 1.56), 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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