ALLE vs. NEM
ALLE (Allegion plc) and NEM (Newmont Corporation) are both stocks. ALLE operates in Security & Protection Services (Industrials), while NEM operates in Gold (Basic Materials). Over the past 10 years, ALLE returned 9.12%/yr vs 11.22%/yr for NEM. At a 0.13 correlation, their price movements are largely independent.
Performance
ALLE vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, ALLE achieves a -2.92% return, which is significantly higher than NEM's -6.26% return. Over the past 10 years, ALLE has underperformed NEM with an annualized return of 9.12%, while NEM has yielded a comparatively higher 11.22% annualized return.
ALLE
- 1D
- -0.78%
- 1M
- 14.45%
- 6M
- -7.33%
- YTD
- -2.92%
- 1Y
- -4.98%
- 3Y*
- 8.05%
- 5Y*
- 3.47%
- 10Y*
- 9.12%
- ALL TIME*
- 10.49%
NEM
- 1D
- -1.62%
- 1M
- -0.90%
- 6M
- -24.71%
- YTD
- -6.26%
- 1Y
- 53.11%
- 3Y*
- 31.67%
- 5Y*
- 12.38%
- 10Y*
- 11.22%
- ALL TIME*
- 4.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ALLE Allegion plc | $217.10M | $209.29M | $167.97M |
| $751.28M | $741.04M | $822.38M |
ALLE vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | -2.92% | 23.54% | 4.66% | 22.32% | -19.26% | 15.06% | -5.41% | 57.89% | 1.18% | 25.32% |
NEM Newmont Corporation | -6.26% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between ALLE and NEM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2013 | 0.13 |
Fundamentals
ALLE:
$13.18B
NEM:
$99.49B
ALLE:
$7.62
NEM:
$7.88
ALLE:
20.12
NEM:
11.82
ALLE:
2.25
NEM:
0.31
ALLE:
3.09
NEM:
5.31
ALLE:
6.23
NEM:
2.81
ALLE:
$4.29B
NEM:
$19.13B
ALLE:
$1.92B
NEM:
$10.94B
ALLE:
$996.30M
NEM:
$14.81B
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Return for Risk
ALLE vs. NEM — Risk / Return Rank
ALLE
NEM
ALLE vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegion plc (ALLE) and Newmont Corporation (NEM). 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.
| ALLE | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.21 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.66 | -1.83 |
| Martin ratioReturn relative to average drawdown | -0.33 | 3.81 | -4.13 |
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Drawdowns
ALLE vs. NEM - Drawdown Comparison
The maximum ALLE drawdown since its inception was -43.25%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for ALLE and NEM.
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Drawdown Indicators
| ALLE | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.25% | -81.30% | +38.05% |
Max Drawdown (1Y)Largest decline over 1 year | -29.84% | -32.10% | +2.26% |
Max Drawdown (3Y)Largest decline over 3 years | -29.84% | -36.57% | +6.73% |
Max Drawdown (5Y)Largest decline over 5 years | -38.87% | -62.40% | +23.53% |
Max Drawdown (10Y)Largest decline over 10 years | -43.25% | -62.40% | +19.15% |
Current DrawdownCurrent decline from peak | -14.02% | -29.07% | +15.05% |
Average DrawdownAverage peak-to-trough decline | -11.11% | -41.33% | +30.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.23% | 14.00% | +1.23% |
Volatility
ALLE vs. NEM - Volatility Comparison
Allegion plc (ALLE) has a higher volatility of 11.52% compared to Newmont Corporation (NEM) at 10.40%. This indicates that ALLE's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALLE | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.52% | 10.40% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 23.23% | 37.49% | -14.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.39% | 47.79% | -20.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.57% | 38.27% | -11.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.03% | 35.73% | -8.70% |
Dividends
ALLE vs. NEM - Dividend Comparison
ALLE's dividend yield for the trailing twelve months is around 1.38%, more than NEM's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.38% | 1.28% | 1.47% | 1.42% | 1.56% | 1.09% | 1.10% | 0.87% | 1.05% | 0.80% | 0.75% | 0.61% |
NEM Newmont Corporation | 1.09% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
ALLE vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Allegion plc and Newmont Corporation. 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
ALLE and NEM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLE has higher volatility (11.52%) compared to NEM (10.40%). In terms of maximum drawdown, ALLE dropped -43.25% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.12 vs -0.19), 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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