TFPM vs. AEM
TFPM (Triple Flag Precious Metals Corp) and AEM (Agnico Eagle Mines Limited) are both stocks. Both are in the Basic Materials sector — TFPM in Other Precious Metals & Mining, AEM in Gold. Over the past 3 years, TFPM returned 28.25%/yr vs 50.92%/yr for AEM. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
TFPM vs. AEM - Performance Comparison
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Returns By Period
In the year-to-date period, TFPM achieves a -11.94% return, which is significantly lower than AEM's -3.66% return.
TFPM
- 1D
- 4.14%
- 1M
- -17.89%
- YTD
- -11.94%
- 6M
- -15.62%
- 1Y
- 19.91%
- 3Y*
- 28.25%
- 5Y*
- —
- 10Y*
- —
AEM
- 1D
- 3.09%
- 1M
- -16.80%
- YTD
- -3.66%
- 6M
- -2.93%
- 1Y
- 34.46%
- 3Y*
- 50.92%
- 5Y*
- 20.78%
- 10Y*
- 14.70%
TFPM vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TFPM Triple Flag Precious Metals Corp | -11.94% | 123.03% | 14.60% | -1.81% | 14.71% | 32.61% |
AEM Agnico Eagle Mines Limited | -3.66% | 119.53% | 46.04% | 8.98% | 1.08% | 4.69% |
Correlation
The correlation between TFPM and AEM is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.58 |
Over the past year, TFPM and AEM have become more correlated (0.84) than their long-term average of 0.58, meaning their price movements have been converging.
Fundamentals
TFPM:
$6.04B
AEM:
$81.60B
TFPM:
$1.51
AEM:
$10.60
TFPM:
19.28
AEM:
15.35
TFPM:
0.15
AEM:
0.24
TFPM:
13.23
AEM:
6.06
TFPM:
2.80
AEM:
3.11
TFPM:
$453.24M
AEM:
$13.51B
TFPM:
$337.23M
AEM:
$8.28B
TFPM:
$354.95M
AEM:
$9.72B
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Return for Risk
TFPM vs. AEM — Risk / Return Rank
TFPM
AEM
TFPM vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Triple Flag Precious Metals Corp (TFPM) 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.
| TFPM | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.16 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 0.88 | -0.31 |
| Martin ratioReturn relative to average drawdown | 1.64 | 2.48 | -0.84 |
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Drawdowns
TFPM vs. AEM - Drawdown Comparison
The maximum TFPM drawdown since its inception was -36.48%, smaller than the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for TFPM and AEM.
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Drawdown Indicators
| TFPM | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.48% | -90.49% | +54.01% |
Max Drawdown (1Y)Largest decline over 1 year | -34.87% | -39.39% | +4.52% |
Max Drawdown (3Y)Largest decline over 3 years | -34.87% | -39.39% | +4.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.86% | — |
Current DrawdownCurrent decline from peak | -29.27% | -35.35% | +6.08% |
Average DrawdownAverage peak-to-trough decline | -13.43% | -46.65% | +33.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.18% | 13.93% | -1.75% |
Volatility
TFPM vs. AEM - Volatility Comparison
Triple Flag Precious Metals Corp (TFPM) and Agnico Eagle Mines Limited (AEM) have volatilities of 15.92% and 15.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TFPM | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.92% | 15.31% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 34.29% | 36.02% | -1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.51% | 44.06% | -0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.45% | 37.06% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.45% | 37.35% | +0.10% |
Dividends
TFPM vs. AEM - Dividend Comparison
TFPM's dividend yield for the trailing twelve months is around 0.79%, less 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% |
TFPM Triple Flag Precious Metals Corp | 0.79% | 0.68% | 1.43% | 1.54% | 1.07% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TFPM vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between Triple Flag Precious Metals Corp and Agnico Eagle Mines Limited. 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
TFPM vs. AEM - Profitability Comparison
TFPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a gross profit of 104.35M and revenue of 144.96M. Therefore, the gross margin over that period was 72.0%.
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%.
TFPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported an operating income of 97.00M and revenue of 144.96M, resulting in an operating margin of 66.9%.
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%.
TFPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a net income of 115.31M and revenue of 144.96M, resulting in a net margin of 79.6%.
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
TFPM and AEM have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TFPM has higher volatility (15.92%) compared to AEM (15.31%). In terms of maximum drawdown, TFPM dropped -36.48% vs AEM's -90.49%.
AEM currently has the higher Sharpe Ratio (0.79 vs 0.46), 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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