DXPE vs. NGD

Last updated Jun 13, 2026

DXPE (DXP Enterprises, Inc.) and NGD (New Gold Inc.) are both stocks. DXPE operates in Industrial Distribution (Industrials), while NGD operates in Gold (Basic Materials). At a 0.12 correlation, their price movements are largely independent.

Performance

DXPE vs. NGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DXP Enterprises, Inc. (DXPE) and New Gold Inc. (NGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DXPE

• 1D: 0.88%
• 1M: 15.49%
• YTD: 53.85%
• 6M: 54.45%
• 1Y: 114.27%
• 3Y*: 67.49%
• 5Y*: 39.05%
• 10Y*: 27.71%

NGD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DXPE vs. NGD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXPE DXP Enterprises, Inc.	53.85%	32.89%	145.16%	22.32%	7.32%	15.47%	-44.16%	43.00%	-5.85%	-14.88%
NGD New Gold Inc.	4.25%	251.21%	69.86%	48.98%	-34.67%	-31.51%	148.86%	16.28%	-77.00%	-6.00%

Correlation

The correlation between DXPE and NGD 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	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since Nov 18, 2004	0.12

Fundamentals

EPS DXPE : $5.35 NGD : $1.61
PE Ratio DXPE : 31.60 NGD : 5.64
PEG Ratio DXPE : 0.43 NGD : 0.01
PS Ratio DXPE : 1.35 NGD : 3.30
Total Revenue (TTM) DXPE : $2.06B NGD : $1.46B
Gross Profit (TTM) DXPE : $654.27M NGD : $758.26M
EBITDA (TTM) DXPE : $210.11M NGD : $1.19B

Return for Risk

DXPE vs. NGD — Risk / Return Rank

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

DXPE

DXPE Risk / Return Rank: 87
DXPE Sharpe Ratio Rank: 91
DXPE Sortino Ratio Rank: 83
DXPE Omega Ratio Rank: 86
DXPE Calmar Ratio Rank: 87
DXPE Martin Ratio Rank: 88

NGD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

DXPE vs. NGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DXP Enterprises, Inc. (DXPE) and New Gold Inc. (NGD). 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.

	DXPE	NGD	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	2.39	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.48	—	—
Martin ratio: Return relative to average drawdown	9.64	—	—

Drawdowns

Drawdown Indicators

	DXPE	NGD	Difference
Max Drawdown Largest peak-to-trough decline	-95.45%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.99%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.99%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.98%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-77.28%	—	—
Current Drawdown Current decline from peak	-6.94%	—	—
Average Drawdown Average peak-to-trough decline	-54.49%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	11.90%	—	—

Volatility

Volatility by Period

	DXPE	NGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	51.74%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.37%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.01%	—	—

Dividends

DXPE vs. NGD - Dividend Comparison

Neither DXPE nor NGD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both DXPE and NGD in my portfolio?

DXPE and NGD 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.