CLMT vs. NEHC
CLMT (Calumet Specialty Products Partners, L.P.) and NEHC (New Era Helium Inc) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past year, CLMT returned 183.11% vs 844.15% for NEHC. At a 0.11 correlation, their price movements are largely independent.
Performance
CLMT vs. NEHC - Performance Comparison
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Returns By Period
In the year-to-date period, CLMT achieves a 88.07% return, which is significantly lower than NEHC's 96.76% return.
CLMT
- 1D
- 3.49%
- 1M
- 9.43%
- YTD
- 88.07%
- 6M
- 90.37%
- 1Y
- 183.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEHC
- 1D
- -3.43%
- 1M
- 38.92%
- YTD
- 96.76%
- 6M
- 36.29%
- 1Y
- 844.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLMT vs. NEHC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CLMT Calumet Specialty Products Partners, L.P. | 88.07% | -9.76% | 2.32% |
NEHC New Era Helium Inc | 96.76% | -51.17% | -29.41% |
Correlation
The correlation between CLMT and NEHC is 0.03, 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 | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2024 | 0.11 |
Fundamentals
CLMT:
$3.25B
NEHC:
$320.44M
CLMT:
-$2.17
NEHC:
-$1.08
CLMT:
0.78
NEHC:
138.09
CLMT:
$4.17B
NEHC:
$1.36M
CLMT:
$239.60M
NEHC:
-$326.46K
CLMT:
$67.00M
NEHC:
-$28.93M
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Return for Risk
CLMT vs. NEHC — Risk / Return Rank
CLMT
NEHC
CLMT vs. NEHC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calumet Specialty Products Partners, L.P. (CLMT) and New Era Helium Inc (NEHC). 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.
| CLMT | NEHC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.21 | 4.23 | -0.02 |
Sortino ratioReturn per unit of downside risk | 4.51 | 4.15 | +0.36 |
Omega ratioGain probability vs. loss probability | 1.59 | 1.49 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 8.08 | 13.64 | -5.56 |
Martin ratioReturn relative to average drawdown | 28.26 | 25.69 | +2.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLMT | NEHC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.21 | 4.23 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | -0.12 | +0.97 |
Drawdowns
CLMT vs. NEHC - Drawdown Comparison
The maximum CLMT drawdown since its inception was -61.87%, smaller than the maximum NEHC drawdown of -96.13%. Use the drawdown chart below to compare losses from any high point for CLMT and NEHC.
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Drawdown Indicators
| CLMT | NEHC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.87% | -96.13% | +34.26% |
Max Drawdown (1Y)Largest decline over 1 year | -22.81% | -62.50% | +39.69% |
Current DrawdownCurrent decline from peak | 0.00% | -32.18% | +32.18% |
Average DrawdownAverage peak-to-trough decline | -20.61% | -66.37% | +45.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 33.26% | -26.75% |
Volatility
CLMT vs. NEHC - Volatility Comparison
The current volatility for Calumet Specialty Products Partners, L.P. (CLMT) is 13.46%, while New Era Helium Inc (NEHC) has a volatility of 33.73%. This indicates that CLMT experiences smaller price fluctuations and is considered to be less risky than NEHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLMT | NEHC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.46% | 33.73% | -20.27% |
Volatility (6M)Calculated over the trailing 6-month period | 30.52% | 106.20% | -75.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.77% | 202.17% | -158.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.50% | 196.14% | -134.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.50% | 196.14% | -134.64% |
Dividends
CLMT vs. NEHC - Dividend Comparison
Neither CLMT nor NEHC has paid dividends to shareholders.
Financials
CLMT vs. NEHC - Financials Comparison
This section allows you to compare key financial metrics between Calumet Specialty Products Partners, L.P. and New Era Helium Inc. 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
CLMT and NEHC have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEHC has higher volatility (33.73%) compared to CLMT (13.46%). In terms of maximum drawdown, CLMT dropped -61.87% vs NEHC's -96.13%.
NEHC currently has the higher Sharpe Ratio (4.23 vs 4.21), 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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