CTC-A.TO vs. NEM
CTC-A.TO (Canadian Tire Corporation Ltd) and NEM (Newmont Corporation) are both stocks. CTC-A.TO operates in Specialty Retail (Consumer Cyclical), while NEM operates in Gold (Basic Materials). Over the past 10 years, CTC-A.TO returned 6.08%/yr vs 14.50%/yr for NEM. At a 0.04 correlation, their price movements are largely independent.
Performance
CTC-A.TO vs. NEM - Performance Comparison
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Different Trading Currencies
CTC-A.TO is traded in CAD, while NEM is traded in USD. To make them comparable, the NEM values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CTC-A.TO achieves a 5.08% return, which is significantly higher than NEM's 1.39% return. Over the past 10 years, CTC-A.TO has underperformed NEM with an annualized return of 6.08%, while NEM has yielded a comparatively higher 14.50% annualized return.
CTC-A.TO
- 1D
- 0.29%
- 1M
- -6.12%
- YTD
- 5.08%
- 6M
- 7.04%
- 1Y
- 5.22%
- 3Y*
- 6.94%
- 5Y*
- 1.58%
- 10Y*
- 6.08%
NEM
- 1D
- -0.45%
- 1M
- -13.07%
- YTD
- 1.39%
- 6M
- 12.60%
- 1Y
- 94.95%
- 3Y*
- 38.59%
- 5Y*
- 13.49%
- 10Y*
- 14.50%
CTC-A.TO vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CTC-A.TO Canadian Tire Corporation Ltd | 5.08% | 20.07% | 12.82% | 3.76% | -19.20% | 11.26% | 24.13% | 0.73% | -11.01% | 19.72% |
NEM Newmont Corporation | 1.39% | 160.36% | -0.03% | -10.93% | -15.75% | 7.35% | 36.96% | 25.14% | 1.74% | 3.40% |
Correlation
The correlation between CTC-A.TO and NEM is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.04 |
The correlation between CTC-A.TO and NEM shifts across timeframes, from 0.04 (all time) to 0.17 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
CTC-A.TO:
CA$11.14
NEM:
$6.34
CTC-A.TO:
16.08
NEM:
15.62
CTC-A.TO:
0.31
NEM:
0.41
CTC-A.TO:
0.59
NEM:
4.77
CTC-A.TO:
CA$16.43B
NEM:
$17.23B
CTC-A.TO:
CA$5.41B
NEM:
$8.97B
CTC-A.TO:
CA$2.09B
NEM:
$13.78B
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Return for Risk
CTC-A.TO vs. NEM — Risk / Return Rank
CTC-A.TO
NEM
CTC-A.TO vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Tire Corporation Ltd (CTC-A.TO) 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.
| CTC-A.TO | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.33 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 3.61 | -3.29 |
| Martin ratioReturn relative to average drawdown | 0.62 | 9.68 | -9.06 |
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
| CTC-A.TO | NEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 2.04 | -1.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.36 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.40 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.16 | +0.14 |
Drawdowns
CTC-A.TO vs. NEM - Drawdown Comparison
The maximum CTC-A.TO drawdown since its inception was -58.16%, smaller than the maximum NEM drawdown of -70.02%. Use the drawdown chart below to compare losses from any high point for CTC-A.TO and NEM.
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Drawdown Indicators
| CTC-A.TO | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.16% | -70.02% | +11.86% |
Max Drawdown (1Y)Largest decline over 1 year | -16.35% | -26.48% | +10.13% |
Max Drawdown (3Y)Largest decline over 3 years | -29.70% | -33.96% | +4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -30.90% | -59.76% | +28.86% |
Max Drawdown (10Y)Largest decline over 10 years | -58.16% | -59.76% | +1.60% |
Current DrawdownCurrent decline from peak | -9.88% | -22.70% | +12.82% |
Average DrawdownAverage peak-to-trough decline | -15.97% | -29.17% | +13.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.41% | 9.85% | -1.44% |
Volatility
CTC-A.TO vs. NEM - Volatility Comparison
The current volatility for Canadian Tire Corporation Ltd (CTC-A.TO) is 7.54%, while Newmont Corporation (NEM) has a volatility of 14.36%. This indicates that CTC-A.TO 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.
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Volatility by Period
| CTC-A.TO | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 14.36% | -6.82% |
Volatility (6M)Calculated over the trailing 6-month period | 14.51% | 37.08% | -22.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 46.86% | -25.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.06% | 38.01% | -15.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.87% | 36.03% | -10.16% |
Dividends
CTC-A.TO vs. NEM - Dividend Comparison
CTC-A.TO's dividend yield for the trailing twelve months is around 3.99%, more than NEM's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTC-A.TO Canadian Tire Corporation Ltd | 3.99% | 4.08% | 4.63% | 4.90% | 4.13% | 2.59% | 2.72% | 2.97% | 2.52% | 1.59% | 1.67% | 1.79% |
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
CTC-A.TO vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Canadian Tire Corporation Ltd 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
CTC-A.TO and NEM have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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