WMB vs. AEM
WMB (The Williams Companies, Inc.) and AEM (Agnico Eagle Mines Limited) are both stocks. WMB operates in Oil & Gas Midstream (Energy), while AEM operates in Gold (Basic Materials). Over the past 10 years, WMB returned 19.28%/yr vs 14.70%/yr for AEM. At a 0.12 correlation, their price movements are largely independent.
Performance
WMB vs. AEM - Performance Comparison
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Returns By Period
In the year-to-date period, WMB achieves a 21.67% return, which is significantly higher than AEM's -3.66% return. Over the past 10 years, WMB has outperformed AEM with an annualized return of 19.28%, while AEM has yielded a comparatively lower 14.70% annualized return.
WMB
- 1D
- 1.39%
- 1M
- -4.09%
- YTD
- 21.67%
- 6M
- 22.42%
- 1Y
- 24.82%
- 3Y*
- 38.58%
- 5Y*
- 26.67%
- 10Y*
- 19.28%
AEM
- 1D
- 3.09%
- 1M
- -16.80%
- YTD
- -3.66%
- 6M
- -2.93%
- 1Y
- 34.46%
- 3Y*
- 50.92%
- 5Y*
- 20.78%
- 10Y*
- 14.70%
WMB vs. AEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMB The Williams Companies, Inc. | 21.67% | 14.91% | 62.35% | 11.86% | 32.83% | 38.36% | -8.20% | 14.18% | -23.88% | 2.02% |
AEM Agnico Eagle Mines Limited | -3.66% | 119.53% | 46.04% | 8.98% | 1.08% | -22.81% | 17.39% | 54.18% | -11.51% | 10.92% |
Correlation
The correlation between WMB and AEM is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.12 |
The correlation between WMB and AEM shifts across timeframes, from 0.10 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WMB:
$88.15B
AEM:
$81.60B
WMB:
$2.28
AEM:
$10.60
WMB:
31.55
AEM:
15.35
WMB:
1.64
AEM:
0.24
WMB:
7.39
AEM:
6.06
WMB:
6.80
AEM:
3.11
WMB:
$11.92B
AEM:
$13.51B
WMB:
$7.49B
AEM:
$8.28B
WMB:
$6.88B
AEM:
$9.72B
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Return for Risk
WMB vs. AEM — Risk / Return Rank
WMB
AEM
WMB vs. AEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Williams Companies, Inc. (WMB) 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.
| WMB | AEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.16 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 0.88 | +1.14 |
| Martin ratioReturn relative to average drawdown | 4.27 | 2.48 | +1.79 |
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Drawdowns
WMB vs. AEM - Drawdown Comparison
The maximum WMB drawdown since its inception was -98.03%, which is greater than AEM's maximum drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for WMB and AEM.
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Drawdown Indicators
| WMB | AEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.03% | -90.49% | -7.54% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -39.39% | +27.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | -39.39% | +27.03% |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | -45.03% | +22.02% |
Max Drawdown (10Y)Largest decline over 10 years | -68.08% | -53.86% | -14.22% |
Current DrawdownCurrent decline from peak | -8.55% | -35.35% | +26.80% |
Average DrawdownAverage peak-to-trough decline | -27.07% | -46.65% | +19.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | 13.93% | -8.11% |
Volatility
WMB vs. AEM - Volatility Comparison
The current volatility for The Williams Companies, Inc. (WMB) is 7.36%, while Agnico Eagle Mines Limited (AEM) has a volatility of 15.31%. This indicates that WMB 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
| WMB | AEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.36% | 15.31% | -7.95% |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | 36.02% | -20.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.00% | 44.06% | -21.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 37.06% | -13.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.95% | 37.35% | -6.40% |
Dividends
WMB vs. AEM - Dividend Comparison
WMB's dividend yield for the trailing twelve months is around 3.54%, more than AEM's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 1.05% | 0.94% | 2.05% | 2.92% | 3.08% | 2.63% | 2.36% | 0.89% | 1.09% | 0.89% | 0.86% | 1.22% |
WMB The Williams Companies, Inc. | 3.54% | 3.33% | 3.51% | 5.14% | 5.17% | 6.30% | 7.98% | 6.41% | 6.17% | 3.94% | 5.39% | 9.53% |
Financials
WMB vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between The Williams Companies, 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
WMB vs. AEM - Profitability Comparison
WMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Williams Companies, Inc. reported a gross profit of 2.49B and revenue of 3.03B. Therefore, the gross margin over that period was 82.1%.
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%.
WMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Williams Companies, Inc. reported an operating income of 1.32B and revenue of 3.03B, resulting in an operating margin of 43.6%.
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%.
WMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Williams Companies, Inc. reported a net income of 865.00M and revenue of 3.03B, resulting in a net margin of 28.6%.
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
WMB and AEM 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.
AEM has higher volatility (15.31%) compared to WMB (7.36%). In terms of maximum drawdown, WMB dropped -98.03% vs AEM's -90.49%.
WMB currently has the higher Sharpe Ratio (1.08 vs 0.79), 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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