TIMB vs. AEM
TIMB (TIM S.A.) and AEM (Agnico Eagle Mines Limited) are both stocks. TIMB operates in Telecom Services (Communication Services), while AEM operates in Gold (Basic Materials). Over the past 5 years, TIMB returned 19.04%/yr vs 20.40%/yr for AEM. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
TIMB vs. AEM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TIMB achieves a -0.09% return, which is significantly higher than AEM's -13.95% return.
TIMB
- 1D
- 0.26%
- 1M
- -11.70%
- 6M
- -16.60%
- YTD
- -0.09%
- 1Y
- 12.47%
- 3Y*
- 16.53%
- 5Y*
- 19.04%
- 10Y*
- —
- ALL TIME*
- 15.73%
AEM
- 1D
- -3.64%
- 1M
- -5.58%
- 6M
- -23.42%
- YTD
- -13.95%
- 1Y
- 17.10%
- 3Y*
- 44.82%
- 5Y*
- 20.40%
- 10Y*
- 11.46%
- ALL TIME*
- 7.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $362.33M | $376.74M | $426.77M | |
TIMB TIM S.A. | $11.39M | $11.59M | $9.37M |
TIMB vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TIMB TIM S.A. | -0.09% | 86.96% | -33.24% | 68.57% | 4.05% | -13.46% | 23.03% |
AEM Agnico Eagle Mines Limited | -13.95% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | -13.83% |
Correlation
The correlation between TIMB and AEM is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2020 | 0.18 |
The correlation between TIMB and AEM shifts across timeframes, from 0.18 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TIMB:
$9.16B
AEM:
$73.56B
TIMB:
R$9.02
AEM:
$11.60
TIMB:
10.76
AEM:
12.52
TIMB:
0.64
AEM:
0.19
TIMB:
1.70
AEM:
5.06
TIMB:
1.85
AEM:
2.56
TIMB:
R$27.40B
AEM:
$14.43B
TIMB:
R$14.95B
AEM:
$9.02B
TIMB:
R$14.62B
AEM:
$10.36B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TIMB vs. AEM — Risk / Return Rank
TIMB
AEM
TIMB vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIM S.A. (TIMB) 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.
| TIMB | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.10 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 0.39 | +0.09 |
| Martin ratioReturn relative to average drawdown | 1.29 | 0.90 | +0.40 |
Loading charts...
Drawdowns
TIMB vs. AEM - Drawdown Comparison
The maximum TIMB drawdown since its inception was -37.08%, smaller than the maximum AEM drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for TIMB and AEM.
Loading charts...
Drawdown Indicators
| TIMB | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.08% | -90.49% | +53.41% |
Max Drawdown (1Y)Largest decline over 1 year | -31.35% | -45.80% | +14.45% |
Max Drawdown (3Y)Largest decline over 3 years | -37.08% | -45.80% | +8.72% |
Max Drawdown (5Y)Largest decline over 5 years | -37.08% | -45.80% | +8.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.86% | — |
Current DrawdownCurrent decline from peak | -30.92% | -42.25% | +11.33% |
Average DrawdownAverage peak-to-trough decline | -12.39% | -46.63% | +34.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.68% | 20.06% | -8.38% |
Volatility
TIMB vs. AEM - Volatility Comparison
The current volatility for TIM S.A. (TIMB) is 10.03%, while Agnico Eagle Mines Limited (AEM) has a volatility of 11.20%. This indicates that TIMB 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.
Loading charts...
Volatility by Period
| TIMB | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.03% | 11.20% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 25.64% | 36.02% | -10.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.07% | 44.77% | -12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.51% | 37.35% | -5.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.10% | 37.38% | -5.28% |
Dividends
TIMB vs. AEM - Dividend Comparison
TIMB's dividend yield for the trailing twelve months is around 10.36%, more than AEM's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 1.17% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
TIMB TIM S.A. | 10.36% | 11.67% | 6.03% | 4.98% | 4.05% | 3.43% | 3.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TIMB vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between TIM S.A. 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
TIMB vs. AEM - Profitability Comparison
TIMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, TIM S.A. reported a gross profit of 3.86B and revenue of 6.97B. Therefore, the gross margin over that period was 55.4%.
AEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Agnico Eagle Mines Limited reported a gross profit of 2.30B and revenue of 3.71B. Therefore, the gross margin over that period was 62.2%.
TIMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, TIM S.A. reported an operating income of 1.72B and revenue of 6.97B, resulting in an operating margin of 24.7%.
AEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Agnico Eagle Mines Limited reported an operating income of 2.22B and revenue of 3.71B, resulting in an operating margin of 60.0%.
TIMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, TIM S.A. reported a net income of 969.57M and revenue of 6.97B, resulting in a net margin of 13.9%.
AEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Agnico Eagle Mines Limited reported a net income of 1.56B and revenue of 3.71B, resulting in a net margin of 42.1%.
Frequently Asked Questions
TIMB and AEM have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEM has higher volatility (11.20%) compared to TIMB (10.03%). In terms of maximum drawdown, TIMB dropped -37.08% vs AEM's -90.49%.
TIMB currently has the higher Sharpe Ratio (0.47 vs 0.40), 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.
Find the right allocation for TIMB and AEM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer