CF vs. NEM
CF (CF Industries Holdings, Inc.) and NEM (Newmont Corporation) are both stocks. Both are in the Basic Materials sector — CF in Agricultural Inputs, NEM in Gold. Over the past 10 years, CF returned 17.90%/yr vs 13.80%/yr for NEM. At a 0.21 correlation, their price movements are largely independent.
Performance
CF vs. NEM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CF achieves a 42.89% return, which is significantly higher than NEM's 0.82% return. Over the past 10 years, CF has outperformed NEM with an annualized return of 17.90%, while NEM has yielded a comparatively lower 13.80% annualized return.
CF
- 1D
- 2.74%
- 1M
- -12.58%
- YTD
- 42.89%
- 6M
- 39.56%
- 1Y
- 11.91%
- 3Y*
- 19.07%
- 5Y*
- 17.73%
- 10Y*
- 17.90%
NEM
- 1D
- 2.71%
- 1M
- -7.88%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 74.95%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
CF vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 42.89% | -7.17% | 10.08% | -4.75% | 22.29% | 87.18% | -15.76% | 12.73% | 5.13% | 40.24% |
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 CF and NEM is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2005 | 0.21 |
Over the past year, the correlation between CF and NEM has dropped to 0.00 - well below their long-term average of 0.21, suggesting their price drivers have been diverging.
Fundamentals
CF:
$11.08
NEM:
$6.34
CF:
9.88
NEM:
15.82
CF:
0.16
NEM:
0.41
CF:
2.35
NEM:
4.83
CF:
$7.41B
NEM:
$17.23B
CF:
$2.99B
NEM:
$8.97B
CF:
$2.60B
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
CF vs. NEM — Risk / Return Rank
CF
NEM
CF vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CF Industries Holdings, Inc. (CF) 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.
| CF | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.29 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 2.78 | -2.00 |
| Martin ratioReturn relative to average drawdown | 1.35 | 7.58 | -6.24 |
Loading charts...
Drawdowns
CF vs. NEM - Drawdown Comparison
The maximum CF drawdown since its inception was -76.73%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for CF and NEM.
Loading charts...
Drawdown Indicators
| CF | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.73% | -81.30% | +4.57% |
Max Drawdown (1Y)Largest decline over 1 year | -24.87% | -29.39% | +4.52% |
Max Drawdown (3Y)Largest decline over 3 years | -29.16% | -36.57% | +7.41% |
Max Drawdown (5Y)Largest decline over 5 years | -48.36% | -62.40% | +14.04% |
Max Drawdown (10Y)Largest decline over 10 years | -60.74% | -62.40% | +1.66% |
Current DrawdownCurrent decline from peak | -20.11% | -23.71% | +3.60% |
Average DrawdownAverage peak-to-trough decline | -24.92% | -41.37% | +16.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.29% | 10.73% | +3.56% |
Volatility
CF vs. NEM - Volatility Comparison
The current volatility for CF Industries Holdings, Inc. (CF) is 9.83%, while Newmont Corporation (NEM) has a volatility of 15.74%. This indicates that CF 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
| CF | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.83% | 15.74% | -5.91% |
Volatility (6M)Calculated over the trailing 6-month period | 35.49% | 37.43% | -1.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.20% | 47.44% | -5.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.23% | 37.99% | +0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.30% | 35.67% | +4.63% |
Dividends
CF vs. NEM - Dividend Comparison
CF's dividend yield for the trailing twelve months is around 1.83%, more than NEM's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 1.83% | 2.59% | 2.34% | 2.01% | 1.76% | 1.70% | 3.10% | 2.51% | 2.76% | 2.82% | 3.81% | 2.94% |
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
CF vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between CF Industries Holdings, 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
CF and NEM have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEM has higher volatility (15.74%) compared to CF (9.83%). In terms of maximum drawdown, CF dropped -76.73% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.73 vs 0.46), 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 CF 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