B vs. NEM
B (Barrick Mining Corporation) and NEM (Newmont Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, B returned 9.32%/yr vs 13.80%/yr for NEM. A 0.74 correlation means they provide meaningful diversification when combined.
Performance
B vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, B achieves a -6.52% return, which is significantly lower than NEM's 0.82% return. Over the past 10 years, B has underperformed NEM with an annualized return of 9.32%, while NEM has yielded a comparatively higher 13.80% annualized return.
B
- 1D
- 2.81%
- 1M
- -10.03%
- YTD
- -6.52%
- 6M
- -5.53%
- 1Y
- 96.46%
- 3Y*
- 36.83%
- 5Y*
- 14.31%
- 10Y*
- 9.32%
NEM
- 1D
- 2.71%
- 1M
- -15.55%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 81.14%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
B vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
B Barrick Mining Corporation | -6.52% | 186.91% | -12.29% | 7.86% | -6.81% | -14.75% | 24.60% | 38.45% | -5.01% | -8.80% |
NEM Newmont Corporation | 0.82% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between B and NEM is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 1985 | 0.74 |
The correlation between B and NEM shifts across timeframes, from 0.74 (all time) to 0.84 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
B:
$3.59
NEM:
$6.34
B:
11.18
NEM:
15.82
B:
1.13
NEM:
0.41
B:
3.59
NEM:
4.83
B:
$19.00B
NEM:
$17.23B
B:
$10.32B
NEM:
$8.97B
B:
$12.63B
NEM:
$13.78B
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Return for Risk
B vs. NEM — Risk / Return Rank
B
NEM
B vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Mining Corporation (B) 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.
| B | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.29 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 2.78 | +0.53 |
| Martin ratioReturn relative to average drawdown | 7.95 | 7.58 | +0.36 |
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Drawdowns
B vs. NEM - Drawdown Comparison
The maximum B drawdown since its inception was -88.51%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for B and NEM.
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Drawdown Indicators
| B | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.51% | -81.30% | -7.21% |
Max Drawdown (1Y)Largest decline over 1 year | -29.31% | -29.39% | +0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -29.31% | -36.57% | +7.26% |
Max Drawdown (5Y)Largest decline over 5 years | -47.96% | -62.40% | +14.44% |
Max Drawdown (10Y)Largest decline over 10 years | -57.13% | -62.40% | +5.27% |
Current DrawdownCurrent decline from peak | -23.16% | -23.71% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -37.28% | -41.37% | +4.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.18% | 10.73% | +1.45% |
Volatility
B vs. NEM - Volatility Comparison
Barrick Mining Corporation (B) and Newmont Corporation (NEM) have volatilities of 15.80% and 15.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| B | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.80% | 15.74% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 35.19% | 37.43% | -2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.31% | 47.44% | -2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.25% | 37.99% | -1.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.85% | 35.67% | +1.18% |
Dividends
B vs. NEM - Dividend Comparison
B's dividend yield for the trailing twelve months is around 2.29%, more than NEM's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
B Barrick Mining Corporation | 2.29% | 1.21% | 2.58% | 2.21% | 3.20% | 2.47% | 1.82% | 0.70% | 1.40% | 0.83% | 0.50% | 1.90% |
NEM Newmont Corporation | 1.02% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
B vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Barrick Mining Corporation 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
B and NEM have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
B has higher volatility (15.80%) compared to NEM (15.74%). In terms of maximum drawdown, B dropped -88.51% vs NEM's -81.30%.
B currently has the higher Sharpe Ratio (2.15 vs 1.73), 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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