TMQ vs. TFPM
TMQ (Trilogy Metals Inc.) and TFPM (Triple Flag Precious Metals Corp) are both stocks. Both are in the Basic Materials sector — TMQ in Other Industrial Metals & Mining, TFPM in Other Precious Metals & Mining. Over the past 3 years, TMQ returned 91.46%/yr vs 28.25%/yr for TFPM. At a 0.20 correlation, their price movements are largely independent.
Performance
TMQ vs. TFPM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TMQ achieves a -8.82% return, which is significantly higher than TFPM's -11.94% return.
TMQ
- 1D
- 2.08%
- 1M
- -4.61%
- YTD
- -8.82%
- 6M
- -15.67%
- 1Y
- 214.40%
- 3Y*
- 91.46%
- 5Y*
- 6.56%
- 10Y*
- 23.40%
TFPM
- 1D
- 4.14%
- 1M
- -8.65%
- YTD
- -11.94%
- 6M
- -15.62%
- 1Y
- 16.86%
- 3Y*
- 28.25%
- 5Y*
- —
- 10Y*
- —
TMQ vs. TFPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TMQ Trilogy Metals Inc. | -8.82% | 271.55% | 169.77% | -21.82% | -66.67% | -6.25% |
TFPM Triple Flag Precious Metals Corp | -11.94% | 123.03% | 14.60% | -1.81% | 14.71% | 32.61% |
Correlation
The correlation between TMQ and TFPM is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.20 |
The correlation between TMQ and TFPM shifts across timeframes, from 0.20 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TMQ:
$675.73M
TFPM:
$6.04B
TMQ:
-$0.23
TFPM:
$1.51
TMQ:
5.56
TFPM:
2.80
TMQ:
$0.00
TFPM:
$453.24M
TMQ:
$0.00
TFPM:
$337.23M
TMQ:
-$7.33M
TFPM:
$354.95M
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
TMQ vs. TFPM — Risk / Return Rank
TMQ
TFPM
TMQ vs. TFPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trilogy Metals Inc. (TMQ) and Triple Flag Precious Metals Corp (TFPM). 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.
| TMQ | TFPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +3.30 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.11 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 0.57 | +2.42 |
| Martin ratioReturn relative to average drawdown | 4.36 | 1.64 | +2.72 |
Loading charts...
Drawdowns
TMQ vs. TFPM - Drawdown Comparison
The maximum TMQ drawdown since its inception was -96.55%, which is greater than TFPM's maximum drawdown of -36.48%. Use the drawdown chart below to compare losses from any high point for TMQ and TFPM.
Loading charts...
Drawdown Indicators
| TMQ | TFPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.55% | -36.48% | -60.07% |
Max Drawdown (1Y)Largest decline over 1 year | -69.62% | -34.87% | -34.75% |
Max Drawdown (3Y)Largest decline over 3 years | -69.62% | -34.87% | -34.75% |
Max Drawdown (5Y)Largest decline over 5 years | -85.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -88.01% | — | — |
Current DrawdownCurrent decline from peak | -62.92% | -29.27% | -33.65% |
Average DrawdownAverage peak-to-trough decline | -71.92% | -13.43% | -58.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.67% | 12.18% | +35.49% |
Volatility
TMQ vs. TFPM - Volatility Comparison
Trilogy Metals Inc. (TMQ) has a higher volatility of 25.13% compared to Triple Flag Precious Metals Corp (TFPM) at 15.92%. This indicates that TMQ's price experiences larger fluctuations and is considered to be riskier than TFPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TMQ | TFPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.13% | 15.92% | +9.21% |
Volatility (6M)Calculated over the trailing 6-month period | 60.45% | 34.29% | +26.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 235.67% | 43.51% | +192.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 128.50% | 37.45% | +91.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.11% | 37.45% | +63.66% |
Dividends
TMQ vs. TFPM - Dividend Comparison
TMQ has not paid dividends to shareholders, while TFPM's dividend yield for the trailing twelve months is around 0.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
TFPM Triple Flag Precious Metals Corp | 0.79% | 0.68% | 1.43% | 1.54% | 1.07% | 0.39% |
TMQ Trilogy Metals Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TMQ vs. TFPM - Financials Comparison
This section allows you to compare key financial metrics between Trilogy Metals Inc. and Triple Flag Precious Metals 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
Frequently Asked Questions
TMQ and TFPM have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMQ has higher volatility (25.13%) compared to TFPM (15.92%). In terms of maximum drawdown, TMQ dropped -96.55% vs TFPM's -36.48%.
TMQ currently has the higher Sharpe Ratio (0.88 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.
Find the right allocation for TMQ and TFPM
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