DRD vs. NEM
DRD (DRDGOLD Limited) and NEM (Newmont Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, DRD returned 20.74%/yr vs 13.80%/yr for NEM. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
DRD vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, DRD achieves a -23.58% return, which is significantly lower than NEM's 0.82% return. Over the past 10 years, DRD has outperformed NEM with an annualized return of 20.74%, while NEM has yielded a comparatively lower 13.80% annualized return.
DRD
- 1D
- 2.27%
- 1M
- -20.60%
- YTD
- -23.58%
- 6M
- -24.53%
- 1Y
- 67.15%
- 3Y*
- 29.82%
- 5Y*
- 17.87%
- 10Y*
- 20.74%
NEM
- 1D
- 2.71%
- 1M
- -15.55%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 81.14%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
DRD vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRD DRDGOLD Limited | -23.58% | 267.16% | 11.55% | 13.26% | -7.63% | -23.16% | 141.46% | 153.56% | -35.27% | -37.77% |
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 DRD and NEM is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1996 | 0.53 |
Over the past year, DRD and NEM have become more correlated (0.78) than their long-term average of 0.53, meaning their price movements have been converging.
Fundamentals
DRD:
ZAR 100.99
NEM:
$6.34
DRD:
0.23
NEM:
15.82
DRD:
0.01
NEM:
0.41
DRD:
0.07
NEM:
4.83
DRD:
ZAR 15.96B
NEM:
$17.23B
DRD:
ZAR 6.44B
NEM:
$8.97B
DRD:
ZAR 7.17B
NEM:
$13.78B
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Return for Risk
DRD vs. NEM — Risk / Return Rank
DRD
NEM
DRD vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DRDGOLD Limited (DRD) 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.
| DRD | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.29 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | 2.78 | -1.22 |
| Martin ratioReturn relative to average drawdown | 4.06 | 7.58 | -3.52 |
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Drawdowns
DRD vs. NEM - Drawdown Comparison
The maximum DRD drawdown since its inception was -98.44%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for DRD and NEM.
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Drawdown Indicators
| DRD | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.44% | -81.30% | -17.14% |
Max Drawdown (1Y)Largest decline over 1 year | -43.51% | -29.39% | -14.12% |
Max Drawdown (3Y)Largest decline over 3 years | -45.13% | -36.57% | -8.56% |
Max Drawdown (5Y)Largest decline over 5 years | -57.22% | -62.40% | +5.18% |
Max Drawdown (10Y)Largest decline over 10 years | -80.31% | -62.40% | -17.91% |
Current DrawdownCurrent decline from peak | -48.48% | -23.71% | -24.77% |
Average DrawdownAverage peak-to-trough decline | -81.86% | -41.37% | -40.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.59% | 10.73% | +5.86% |
Volatility
DRD vs. NEM - Volatility Comparison
DRDGOLD Limited (DRD) has a higher volatility of 17.37% compared to Newmont Corporation (NEM) at 15.74%. This indicates that DRD's price experiences larger fluctuations and is considered to be riskier 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
| DRD | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.37% | 15.74% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 43.75% | 37.43% | +6.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.02% | 47.44% | +10.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.50% | 37.99% | +13.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.03% | 35.67% | +22.36% |
Dividends
DRD vs. NEM - Dividend Comparison
DRD's dividend yield for the trailing twelve months is around 2.32%, more than NEM's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRD DRDGOLD Limited | 2.30% | 1.26% | 2.53% | 5.74% | 5.00% | 6.54% | 4.47% | 2.65% | 2.05% | 1.12% | 6.15% | 3.73% |
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
DRD vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between DRDGOLD Limited 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
DRD and NEM have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRD has higher volatility (17.37%) compared to NEM (15.74%). In terms of maximum drawdown, DRD dropped -98.44% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.73 vs 1.16), 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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