CAH vs. NEM
CAH (Cardinal Health, Inc.) and NEM (Newmont Corporation) are both stocks. CAH operates in Medical Distribution (Healthcare), while NEM operates in Gold (Basic Materials). Over the past 10 years, CAH returned 13.19%/yr vs 13.46%/yr for NEM. At a 0.05 correlation, their price movements are largely independent.
Performance
CAH vs. NEM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CAH achieves a -0.01% return, which is significantly higher than NEM's -0.43% return. Both investments have delivered pretty close results over the past 10 years, with CAH having a 13.19% annualized return and NEM not far ahead at 13.46%.
CAH
- 1D
- -0.60%
- 1M
- 11.34%
- YTD
- -0.01%
- 6M
- 3.32%
- 1Y
- 33.66%
- 3Y*
- 35.29%
- 5Y*
- 31.41%
- 10Y*
- 13.19%
NEM
- 1D
- -0.72%
- 1M
- -14.84%
- YTD
- -0.43%
- 6M
- 11.71%
- 1Y
- 91.07%
- 3Y*
- 36.63%
- 5Y*
- 10.33%
- 10Y*
- 13.46%
CAH vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAH Cardinal Health, Inc. | -0.01% | 76.25% | 19.01% | 34.15% | 54.08% | -0.40% | 10.09% | 18.04% | -24.50% | -12.65% |
NEM Newmont Corporation | -0.43% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between CAH and NEM is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987 | 0.05 |
The correlation between CAH and NEM shifts across timeframes, from 0.01 (1 year) to 0.11 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CAH:
$6.55
NEM:
$6.34
CAH:
31.22
NEM:
15.62
CAH:
0.74
NEM:
0.41
CAH:
0.19
NEM:
4.77
CAH:
$250.55B
NEM:
$17.23B
CAH:
$9.23B
NEM:
$8.97B
CAH:
$2.79B
NEM:
$13.78B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CAH vs. NEM — Risk / Return Rank
CAH
NEM
CAH vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardinal Health, Inc. (CAH) 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.
| CAH | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 3.36 | -1.70 |
| Martin ratioReturn relative to average drawdown | 4.37 | 8.94 | -4.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CAH | NEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 1.96 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.25 | 0.27 | +0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.38 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.12 | +0.44 |
Drawdowns
CAH vs. NEM - Drawdown Comparison
The maximum CAH drawdown since its inception was -61.93%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for CAH and NEM.
Loading charts...
Drawdown Indicators
| CAH | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.93% | -81.30% | +19.37% |
Max Drawdown (1Y)Largest decline over 1 year | -20.42% | -27.25% | +6.83% |
Max Drawdown (3Y)Largest decline over 3 years | -20.42% | -36.57% | +16.15% |
Max Drawdown (5Y)Largest decline over 5 years | -22.80% | -62.40% | +39.60% |
Max Drawdown (10Y)Largest decline over 10 years | -46.13% | -62.40% | +16.27% |
Current DrawdownCurrent decline from peak | -10.83% | -24.65% | +13.82% |
Average DrawdownAverage peak-to-trough decline | -15.94% | -41.38% | +25.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 10.22% | -2.50% |
Volatility
CAH vs. NEM - Volatility Comparison
The current volatility for Cardinal Health, Inc. (CAH) is 6.59%, while Newmont Corporation (NEM) has a volatility of 14.19%. This indicates that CAH experiences smaller price fluctuations and is considered to be less risky than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CAH | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 14.19% | -7.60% |
Volatility (6M)Calculated over the trailing 6-month period | 19.73% | 36.93% | -17.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.99% | 46.87% | -16.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.19% | 37.83% | -12.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.23% | 35.59% | -6.36% |
Dividends
CAH vs. NEM - Dividend Comparison
CAH's dividend yield for the trailing twelve months is around 1.00%, less than NEM's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAH Cardinal Health, Inc. | 1.00% | 0.99% | 1.28% | 1.98% | 2.57% | 3.80% | 3.62% | 3.80% | 4.24% | 3.00% | 2.41% | 1.68% |
NEM Newmont Corporation | 1.03% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
CAH vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Cardinal Health, Inc. 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
CAH and NEM have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEM has higher volatility (14.19%) compared to CAH (6.59%). In terms of maximum drawdown, CAH dropped -61.93% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.96 vs 1.13), 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.
Find the right allocation for CAH and NEM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer