AG vs SPY

Comparison between First Majestic Silver Corporation (AG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed AG, delivering a return of +13.3% compared to +6.2%

AG vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AG(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$10B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	90.20%	56.47%
Sharpe Ratio	2.03	2.07
5Y Beta	1.32	1.00
Industry	Silver	N/A
P/E Ratio	59.49	28.24
Forward P/E	18.12	21.85
PEG Ratio	0.00	N/A
Dividend Yield	0.11%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	33.83%	25.79%
Debt to Equity	11.38%	22.35%
Free Cash Flow Yield	3.37%	N/A
P/S Ratio	8.32	3.55
P/B Ratio	3.47	5.29

Market Cap / Net Assets

$10B

Winner

SPY

$652B

Expense Ratio

N/A

SPY

0.09%

Max Drawdown

90.20%

Winner

SPY

56.47%

Sharpe Ratio

2.03

Winner

SPY

2.07

5Y Beta

1.32

Winner

SPY

1.00

Industry

Silver

SPY

N/A

P/E Ratio

59.49

Winner

SPY

28.24

Forward P/E

Winner

18.12

SPY

21.85

PEG Ratio

0.00

SPY

N/A

Dividend Yield

0.11%

SPY

N/A

5Y Dividends CAGR

N/A

SPY

5.43%

5Y EPS CAGR

Winner

33.83%

SPY

25.79%

Debt to Equity

Winner

11.38%

SPY

22.35%

Free Cash Flow Yield

3.37%

SPY

N/A

P/S Ratio

8.32

Winner

SPY

3.55

P/B Ratio

Winner

3.47

SPY

5.29

AG vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	AG	SPY
1 month	+4.54%	+9.11%
3 months	-7.93%	+6.59%
6 months	+91.72%	+10.56%
1 year	+297.54%	+32.04%
5 years(CAGR)	+6.21%	+13.35%
10 years(CAGR)	+8.96%	+15.49%
Max(CAGR)	+9.35%	+8.50%

+4.54%

Winner

SPY

+9.11%

-7.93%

Winner

SPY

+6.59%

Winner

+91.72%

SPY

+10.56%

Winner

+297.54%

SPY

+32.04%

5Y(CAGR)

+6.21%

Winner

SPY

+13.35%

10Y(CAGR)

+8.96%

Winner

SPY

+15.49%

Max(CAGR)

Winner

+9.35%

SPY

+8.50%

AG vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AG	SPY
2026	+36.15%	+8.27%
2025	+180.79%	+18.00%
2024	-7.92%	+25.59%
2023	-26.61%	+26.72%
2022	-23.42%	-18.64%
2021	-21.89%	+30.52%
2020	+9.98%	+17.28%
2019	+103.65%	+31.09%
2018	-18.42%	-5.24%
2017	-16.58%	+20.78%
2016	+123.10%	+13.59%
2015	-37.36%	+1.31%
2014	-51.96%	+14.56%
2013	-53.69%	+29.00%
2012	+14.46%	+14.17%
2011	+7.95%	+0.85%
2010	+254.15%	+13.14%
2009	+94.09%	+22.67%
2008	-62.37%	-36.25%
2007	+2.20%	+5.32%
2006	+7.18%	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

AG vs SPY Drawdown Comparison

The maximum drawdown for AG was -90.20%, occurring on Jan 19, 2016. Recovery took 3722 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current AG drawdown is -31.71%.

Rank	AG	SPY
#1	-90.20% Apr 5, 2011 - Jan 23, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-87.80% Mar 3, 2008 - Sep 20, 2010	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-46.53% Feb 26, 2007 - Mar 3, 2008	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-42.92% Feb 27, 2026 - Mar 20, 2026	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-32.76% Jan 3, 2011 - Mar 1, 2011	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-22.80% Jan 28, 2026 - Feb 20, 2026	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.70% Mar 8, 2011 - Mar 21, 2011	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-16.03% Nov 8, 2010 - Nov 22, 2010	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-15.35% Jan 18, 2007 - Feb 16, 2007	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-15.18% Oct 13, 2010 - Oct 29, 2010	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.71% Dec 14, 2010 - Dec 29, 2010	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-10.11% Jan 3, 2007 - Jan 12, 2007	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-9.53% Dec 6, 2010 - Dec 14, 2010	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-7.61% Nov 30, 2006 - Dec 15, 2006	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-4.00% Nov 24, 2010 - Nov 30, 2010	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between AG and SPY is 0.18 which considered as a very weak or no correlation - the stocks move independently of each other.

0.18

-101

Dividend Comparison (1999 - 2026)

AG vs SPY dividend yield comparison.

Year	AG	SPY
2026	0.04%	0.24%
2025	0.12%	1.07%
2024	0.33%	1.21%
2023	0.34%	1.40%
2022	0.31%	1.65%
2021	0.14%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%