WINA vs. AGM

Last updated Jun 4, 2026

WINA (Winmark Corporation) and AGM (Federal Agricultural Mortgage Corporation) are both stocks. WINA operates in Specialty Retail (Consumer Cyclical), while AGM operates in Credit Services (Financial Services). Over the past 10 years, WINA returned 16.39%/yr vs 21.01%/yr for AGM. At a 0.15 correlation, their price movements are largely independent.

Performance

WINA vs. AGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Winmark Corporation (WINA) and Federal Agricultural Mortgage Corporation (AGM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WINA achieves a -6.75% return, which is significantly lower than AGM's 0.57% return. Over the past 10 years, WINA has underperformed AGM with an annualized return of 16.39%, while AGM has yielded a comparatively higher 21.01% annualized return.

WINA

• 1D: 0.34%
• 1M: 2.19%
• YTD: -6.75%
• 6M: -12.22%
• 1Y: -7.65%
• 3Y*: 5.59%
• 5Y*: 17.35%
• 10Y*: 16.39%

AGM

• 1D: -3.51%
• 1M: 2.45%
• YTD: 0.57%
• 6M: 0.63%
• 1Y: -3.78%
• 3Y*: 10.81%
• 5Y*: 15.40%
• 10Y*: 21.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WINA vs. AGM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WINA Winmark Corporation	-6.75%	6.43%	-3.26%	82.56%	-2.78%	38.67%	-5.88%	25.38%	23.36%	2.93%
AGM Federal Agricultural Mortgage Corporation	0.57%	-7.96%	6.08%	74.61%	-5.83%	72.62%	-6.60%	43.16%	-20.38%	39.64%

Correlation

The correlation between WINA and AGM is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Aug 21, 1995	0.15

The correlation between WINA and AGM shifts across timeframes, from 0.10 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS WINA : $11.09 AGM : $24.06
PE Ratio WINA : 33.89 AGM : 7.26
PEG Ratio WINA : 17.42 AGM : 0.54
PS Ratio WINA : 16.33 AGM : 1.13
Total Revenue (TTM) WINA : $84.99M AGM : $1.35B
Gross Profit (TTM) WINA : $82.15M AGM : $295.93M
EBITDA (TTM) WINA : $55.02M AGM : $192.59M

Return for Risk

WINA vs. AGM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WINA

WINA Risk / Return Rank: 31
WINA Sharpe Ratio Rank: 33
WINA Sortino Ratio Rank: 29
WINA Omega Ratio Rank: 29
WINA Calmar Ratio Rank: 32
WINA Martin Ratio Rank: 32

AGM

AGM Risk / Return Rank: 34
AGM Sharpe Ratio Rank: 36
AGM Sortino Ratio Rank: 31
AGM Omega Ratio Rank: 31
AGM Calmar Ratio Rank: 36
AGM Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WINA vs. AGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Winmark Corporation (WINA) and Federal Agricultural Mortgage Corporation (AGM). 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.

	WINA	AGM	Difference
Sharpe ratio Return per unit of total volatility	-0.20	-0.12	-0.09
Sortino ratio Return per unit of downside risk	-0.03	0.05	-0.08
Omega ratio Gain probability vs. loss probability	1.00	1.01	-0.01
Calmar ratio Return relative to maximum drawdown	-0.26	-0.12	-0.14
Martin ratio Return relative to average drawdown	-0.48	-0.23	-0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WINA vs. AGM - Sharpe Ratio Comparison

The current WINA Sharpe Ratio is -0.20, which is lower than the AGM Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of WINA and AGM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WINA	AGM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.20	-0.12	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.52	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.61	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.32	-0.05

Drawdowns

WINA vs. AGM - Drawdown Comparison

The maximum WINA drawdown since its inception was -85.47%, smaller than the maximum AGM drawdown of -94.63%. Use the drawdown chart below to compare losses from any high point for WINA and AGM.

Drawdown Indicators

	WINA	AGM	Difference
Max Drawdown Largest peak-to-trough decline	-85.47%	-94.63%	+9.16%
Max Drawdown (1Y) Largest decline over 1 year	-30.10%	-31.94%	+1.84%
Max Drawdown (3Y) Largest decline over 3 years	-30.10%	-32.54%	+2.44%
Max Drawdown (5Y) Largest decline over 5 years	-30.29%	-32.54%	+2.25%
Max Drawdown (10Y) Largest decline over 10 years	-45.45%	-53.30%	+7.85%
Current Drawdown Current decline from peak	-25.20%	-15.22%	-9.98%
Average Drawdown Average peak-to-trough decline	-24.69%	-27.87%	+3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.82%	16.82%	-1.00%

Volatility

WINA vs. AGM - Volatility Comparison

The current volatility for Winmark Corporation (WINA) is 8.75%, while Federal Agricultural Mortgage Corporation (AGM) has a volatility of 9.34%. This indicates that WINA experiences smaller price fluctuations and is considered to be less risky than AGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WINA	AGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.75%	9.34%	-0.59%
Volatility (6M) Calculated over the trailing 6-month period	27.58%	24.67%	+2.91%
Volatility (1Y) Calculated over the trailing 1-year period	37.61%	31.97%	+5.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.54%	29.87%	+1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.96%	34.50%	-4.54%

Dividends

WINA vs. AGM - Dividend Comparison

WINA's dividend yield for the trailing twelve months is around 3.70%, more than AGM's 3.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGM Federal Agricultural Mortgage Corporation	3.49%	3.42%	2.84%	2.30%	3.37%	2.84%	4.31%	3.35%	3.84%	1.84%	1.82%	2.03%
WINA Winmark Corporation	3.70%	3.40%	2.80%	2.99%	2.35%	3.67%	0.43%	0.45%	0.35%	0.33%	0.29%	0.29%

Financials

WINA vs. AGM - Profitability Comparison

The chart below illustrates the profitability comparison between Winmark Corporation and Federal Agricultural Mortgage Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WINA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Winmark Corporation reported a gross profit of 20.23M and revenue of 20.85M. Therefore, the gross margin over that period was 97.0%.

AGM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Federal Agricultural Mortgage Corporation reported a gross profit of 0.00 and revenue of 415.96M. Therefore, the gross margin over that period was 0.0%.

WINA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Winmark Corporation reported an operating income of 12.36M and revenue of 20.85M, resulting in an operating margin of 59.3%.

AGM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Federal Agricultural Mortgage Corporation reported an operating income of 0.00 and revenue of 415.96M, resulting in an operating margin of 0.0%.

WINA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Winmark Corporation reported a net income of 9.25M and revenue of 20.85M, resulting in a net margin of 44.4%.

AGM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Federal Agricultural Mortgage Corporation reported a net income of 51.83M and revenue of 415.96M, resulting in a net margin of 12.5%.

Frequently Asked Questions

Can I hold both WINA and AGM in my portfolio?

WINA and AGM have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WINA or AGM?

AGM has higher volatility (9.34%) compared to WINA (8.75%). In terms of maximum drawdown, WINA dropped -85.47% vs AGM's -94.63%.

Which has better risk-adjusted returns?

AGM currently has the higher Sharpe Ratio (-0.12 vs -0.20), 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.