TGB vs. FSLR
TGB (Taseko Mines Limited) and FSLR (First Solar, Inc.) are both stocks. TGB operates in Copper (Basic Materials), while FSLR operates in Solar (Technology). Over the past 10 years, TGB returned 30.53%/yr vs 19.05%/yr for FSLR. At a 0.27 correlation, their price movements are largely independent.
Performance
TGB vs. FSLR - Performance Comparison
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Returns By Period
In the year-to-date period, TGB achieves a 22.97% return, which is significantly higher than FSLR's 0.72% return. Over the past 10 years, TGB has outperformed FSLR with an annualized return of 30.53%, while FSLR has yielded a comparatively lower 19.05% annualized return.
TGB
- 1D
- -2.52%
- 1M
- 5.94%
- YTD
- 22.97%
- 6M
- 25.86%
- 1Y
- 148.57%
- 3Y*
- 71.91%
- 5Y*
- 26.84%
- 10Y*
- 30.53%
FSLR
- 1D
- 2.10%
- 1M
- 2.04%
- YTD
- 0.72%
- 6M
- -7.55%
- 1Y
- 81.46%
- 3Y*
- 12.55%
- 5Y*
- 26.82%
- 10Y*
- 19.05%
TGB vs. FSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGB Taseko Mines Limited | 22.97% | 191.75% | 38.57% | -4.76% | -28.29% | 55.30% | 175.00% | 1.48% | -79.70% | 173.38% |
FSLR First Solar, Inc. | 0.72% | 48.22% | 2.30% | 15.01% | 71.86% | -11.89% | 76.77% | 31.81% | -37.12% | 110.41% |
Correlation
The correlation between TGB and FSLR is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2006 | 0.27 |
Fundamentals
TGB:
$2.56B
FSLR:
$28.32B
TGB:
CA$0.05
FSLR:
$15.48
TGB:
217.34
FSLR:
17.00
TGB:
32.57
FSLR:
0.41
TGB:
4.35
FSLR:
5.22
TGB:
4.43
FSLR:
2.87
TGB:
CA$768.31M
FSLR:
$5.42B
TGB:
CA$240.15M
FSLR:
$2.26B
TGB:
CA$244.74M
FSLR:
$2.15B
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Return for Risk
TGB vs. FSLR — Risk / Return Rank
TGB
FSLR
TGB vs. FSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taseko Mines Limited (TGB) and First Solar, Inc. (FSLR). 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.
| TGB | FSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.27 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.21 | 2.33 | +1.88 |
| Martin ratioReturn relative to average drawdown | 11.01 | 4.93 | +6.08 |
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Drawdowns
TGB vs. FSLR - Drawdown Comparison
The maximum TGB drawdown since its inception was -98.58%, roughly equal to the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for TGB and FSLR.
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Drawdown Indicators
| TGB | FSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.58% | -96.22% | -2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -35.47% | -35.10% | -0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -44.26% | -59.97% | +15.71% |
Max Drawdown (5Y)Largest decline over 5 years | -61.92% | -59.97% | -1.95% |
Max Drawdown (10Y)Largest decline over 10 years | -90.76% | -61.26% | -29.50% |
Current DrawdownCurrent decline from peak | -49.38% | -17.33% | -32.05% |
Average DrawdownAverage peak-to-trough decline | -81.33% | -63.15% | -18.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.55% | 16.58% | -3.03% |
Volatility
TGB vs. FSLR - Volatility Comparison
Taseko Mines Limited (TGB) has a higher volatility of 24.33% compared to First Solar, Inc. (FSLR) at 22.46%. This indicates that TGB's price experiences larger fluctuations and is considered to be riskier than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGB | FSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.33% | 22.46% | +1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 52.52% | 41.61% | +10.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.67% | 55.60% | +9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.82% | 54.14% | +8.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.87% | 50.90% | +14.97% |
Dividends
TGB vs. FSLR - Dividend Comparison
Neither TGB nor FSLR has paid dividends to shareholders.
Financials
TGB vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Taseko Mines Limited and First Solar, 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
TGB vs. FSLR - Profitability Comparison
TGB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Taseko Mines Limited reported a gross profit of 81.37M and revenue of 234.55M. Therefore, the gross margin over that period was 34.7%.
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a gross profit of 486.13M and revenue of 1.04B. Therefore, the gross margin over that period was 46.6%.
TGB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Taseko Mines Limited reported an operating income of 66.76M and revenue of 234.55M, resulting in an operating margin of 28.5%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported an operating income of 345.30M and revenue of 1.04B, resulting in an operating margin of 33.1%.
TGB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Taseko Mines Limited reported a net income of 16.89M and revenue of 234.55M, resulting in a net margin of 7.2%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a net income of 346.62M and revenue of 1.04B, resulting in a net margin of 33.2%.
Frequently Asked Questions
TGB and FSLR have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TGB has higher volatility (24.33%) compared to FSLR (22.46%). In terms of maximum drawdown, TGB dropped -98.58% vs FSLR's -96.22%.
TGB currently has the higher Sharpe Ratio (2.32 vs 1.48), 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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