THG vs. AEM
THG (The Hanover Insurance Group, Inc.) and AEM (Agnico Eagle Mines Limited) are both stocks. THG operates in Insurance - Property & Casualty (Financial Services), while AEM operates in Gold (Basic Materials). Over the past 10 years, THG returned 11.15%/yr vs 15.27%/yr for AEM. At a 0.04 correlation, their price movements are largely independent.
Performance
THG vs. AEM - Performance Comparison
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Returns By Period
In the year-to-date period, THG achieves a 2.52% return, which is significantly higher than AEM's 1.68% return. Over the past 10 years, THG has underperformed AEM with an annualized return of 11.15%, while AEM has yielded a comparatively higher 15.27% annualized return.
THG
- 1D
- -0.37%
- 1M
- 1.68%
- YTD
- 2.52%
- 6M
- 4.64%
- 1Y
- 7.54%
- 3Y*
- 20.30%
- 5Y*
- 8.48%
- 10Y*
- 11.15%
AEM
- 1D
- -4.07%
- 1M
- -4.37%
- YTD
- 1.68%
- 6M
- 1.89%
- 1Y
- 41.42%
- 3Y*
- 51.78%
- 5Y*
- 22.28%
- 10Y*
- 15.27%
THG vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THG The Hanover Insurance Group, Inc. | 2.52% | 20.66% | 30.61% | -7.61% | 5.40% | 14.51% | -12.31% | 26.73% | 10.15% | 21.41% |
AEM Agnico Eagle Mines Limited | 1.68% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 54.18% | -11.51% | 10.92% |
Correlation
The correlation between THG and AEM is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 1995 | 0.04 |
Fundamentals
THG:
$26.44
AEM:
$10.60
THG:
7.05
AEM:
16.20
THG:
0.03
AEM:
0.25
THG:
0.76
AEM:
6.39
THG:
$6.68B
AEM:
$13.51B
THG:
$1.56B
AEM:
$8.28B
THG:
$716.20M
AEM:
$9.72B
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Return for Risk
THG vs. AEM — Risk / Return Rank
THG
AEM
THG vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hanover Insurance Group, Inc. (THG) 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.
| THG | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.19 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 1.31 | -0.55 |
| Martin ratioReturn relative to average drawdown | 1.67 | 3.29 | -1.62 |
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
| THG | AEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.97 | -0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.61 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.41 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.17 | +0.12 |
Drawdowns
THG vs. AEM - Drawdown Comparison
The maximum THG drawdown since its inception was -89.84%, roughly equal to the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for THG and AEM.
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Drawdown Indicators
| THG | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.84% | -90.49% | +0.65% |
Max Drawdown (1Y)Largest decline over 1 year | -10.02% | -31.77% | +21.75% |
Max Drawdown (3Y)Largest decline over 3 years | -13.98% | -31.77% | +17.79% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -46.22% | +15.87% |
Max Drawdown (10Y)Largest decline over 10 years | -40.10% | -53.86% | +13.76% |
Current DrawdownCurrent decline from peak | -5.66% | -31.77% | +26.11% |
Average DrawdownAverage peak-to-trough decline | -22.67% | -46.66% | +23.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 12.61% | -7.90% |
Volatility
THG vs. AEM - Volatility Comparison
The current volatility for The Hanover Insurance Group, Inc. (THG) is 5.22%, while Agnico Eagle Mines Limited (AEM) has a volatility of 13.70%. This indicates that THG 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.
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Volatility by Period
| THG | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 13.70% | -8.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 34.59% | -20.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 43.02% | -22.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.76% | 36.80% | -14.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.07% | 37.22% | -13.15% |
Dividends
THG vs. AEM - Dividend Comparison
THG's dividend yield for the trailing twelve months is around 1.99%, more than AEM's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 0.99% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
THG The Hanover Insurance Group, Inc. | 1.99% | 2.00% | 2.23% | 2.70% | 2.26% | 2.17% | 2.27% | 7.10% | 1.90% | 1.89% | 2.07% | 2.08% |
Financials
THG vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between The Hanover Insurance Group, Inc. 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
THG vs. AEM - Profitability Comparison
THG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Hanover Insurance Group, Inc. reported a gross profit of 0.00 and revenue of 1.70B. Therefore, the gross margin over that period was 0.0%.
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%.
THG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Hanover Insurance Group, Inc. reported an operating income of 0.00 and revenue of 1.70B, resulting in an operating margin of 0.0%.
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%.
THG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Hanover Insurance Group, Inc. reported a net income of 186.80M and revenue of 1.70B, resulting in a net margin of 11.0%.
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
THG and AEM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEM has higher volatility (13.70%) compared to THG (5.22%). In terms of maximum drawdown, THG dropped -89.84% vs AEM's -90.49%.
AEM currently has the higher Sharpe Ratio (0.97 vs 0.38), 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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