CMP vs. NB

Last updated Jun 4, 2026

CMP (Compass Minerals International, Inc.) and NB (NioCorp Developments Ltd. Common Stock) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 3 years, CMP returned -0.87%/yr vs 3.31%/yr for NB. At a 0.19 correlation, their price movements are largely independent.

Performance

CMP vs. NB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Compass Minerals International, Inc. (CMP) and NioCorp Developments Ltd. Common Stock (NB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CMP achieves a 66.19% return, which is significantly higher than NB's 9.43% return.

CMP

• 1D: -2.04%
• 1M: 28.25%
• YTD: 66.19%
• 6M: 65.02%
• 1Y: 69.65%
• 3Y*: -0.87%
• 5Y*: -12.63%
• 10Y*: -5.74%

NB

• 1D: -7.94%
• 1M: -3.97%
• YTD: 9.43%
• 6M: -4.45%
• 1Y: 131.08%
• 3Y*: 3.31%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CMP vs. NB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CMP Compass Minerals International, Inc.	66.19%	74.58%	-55.26%	-21.55%
NB NioCorp Developments Ltd. Common Stock	9.43%	241.94%	-51.41%	-57.86%

Correlation

The correlation between CMP and NB is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023	0.19

The correlation between CMP and NB shifts across timeframes, from 0.19 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CMP : $1.38B NB : $789.67M
EPS CMP : $0.17 NB : -$0.52
PB Ratio CMP : 5.03 NB : 1.81
Total Revenue (TTM) CMP : $1.29B NB : $0.00
Gross Profit (TTM) CMP : $225.80M NB : -$1.00K
EBITDA (TTM) CMP : $147.00M NB : -$54.65M

Return for Risk

CMP vs. NB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CMP

CMP Risk / Return Rank: 77
CMP Sharpe Ratio Rank: 80
CMP Sortino Ratio Rank: 73
CMP Omega Ratio Rank: 73
CMP Calmar Ratio Rank: 80
CMP Martin Ratio Rank: 77

NB

NB Risk / Return Rank: 73
NB Sharpe Ratio Rank: 76
NB Sortino Ratio Rank: 75
NB Omega Ratio Rank: 71
NB Calmar Ratio Rank: 74
NB Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CMP vs. NB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Compass Minerals International, Inc. (CMP) and NioCorp Developments Ltd. Common Stock (NB). 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.

	CMP	NB	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.22	+0.21
Sortino ratio: Return per unit of downside risk	1.93	2.05	-0.12
Omega ratio: Gain probability vs. loss probability	1.25	1.24	+0.01
Calmar ratio: Return relative to maximum drawdown	2.66	2.06	+0.61
Martin ratio: Return relative to average drawdown	5.66	3.27	+2.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMP vs. NB - Sharpe Ratio Comparison

The current CMP Sharpe Ratio is 1.43, which is comparable to the NB Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of CMP and NB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CMP	NB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.22	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	-0.09	+0.27

Drawdowns

CMP vs. NB - Drawdown Comparison

The maximum CMP drawdown since its inception was -89.12%, which is greater than NB's maximum drawdown of -82.83%. Use the drawdown chart below to compare losses from any high point for CMP and NB.

Drawdown Indicators

	CMP	NB	Difference
Max Drawdown Largest peak-to-trough decline	-89.12%	-82.83%	-6.29%
Max Drawdown (1Y) Largest decline over 1 year	-26.29%	-64.10%	+37.81%
Max Drawdown (3Y) Largest decline over 3 years	-79.73%	-75.24%	-4.49%
Max Drawdown (5Y) Largest decline over 5 years	-89.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-89.12%	—	—
Current Drawdown Current decline from peak	-54.29%	-50.30%	-3.99%
Average Drawdown Average peak-to-trough decline	-24.77%	-56.03%	+31.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.35%	40.29%	-27.94%

Volatility

CMP vs. NB - Volatility Comparison

The current volatility for Compass Minerals International, Inc. (CMP) is 12.43%, while NioCorp Developments Ltd. Common Stock (NB) has a volatility of 23.10%. This indicates that CMP experiences smaller price fluctuations and is considered to be less risky than NB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMP	NB	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.43%	23.10%	-10.67%
Volatility (6M) Calculated over the trailing 6-month period	40.65%	66.04%	-25.39%
Volatility (1Y) Calculated over the trailing 1-year period	49.00%	108.29%	-59.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.49%	91.71%	-39.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.89%	91.71%	-46.82%

Dividends

CMP vs. NB - Dividend Comparison

Neither CMP nor NB has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMP Compass Minerals International, Inc.	0.00%	0.00%	1.33%	2.37%	1.46%	4.52%	4.67%	4.72%	6.91%	3.99%	3.55%	3.51%
NB NioCorp Developments Ltd. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CMP and NB in my portfolio?

CMP and NB have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CMP or NB?

NB has higher volatility (23.10%) compared to CMP (12.43%). In terms of maximum drawdown, CMP dropped -89.12% vs NB's -82.83%.

Which has better risk-adjusted returns?

CMP currently has the higher Sharpe Ratio (1.43 vs 1.22), 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.