DY vs. NEM
DY (Dycom Industries, Inc.) and NEM (Newmont Corporation) are both stocks. DY operates in Engineering & Construction (Industrials), while NEM operates in Gold (Basic Materials). Over the past 10 years, DY returned 15.82%/yr vs 10.07%/yr for NEM. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
DY vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, DY achieves a 18.69% return, which is significantly higher than NEM's -5.74% return. Over the past 10 years, DY has outperformed NEM with an annualized return of 15.82%, while NEM has yielded a comparatively lower 10.07% annualized return.
DY
- 1D
- -3.85%
- 1M
- -14.76%
- 6M
- 10.07%
- YTD
- 18.69%
- 1Y
- 49.20%
- 3Y*
- 58.45%
- 5Y*
- 42.03%
- 10Y*
- 15.82%
- ALL TIME*
- 13.01%
NEM
- 1D
- -2.14%
- 1M
- 0.44%
- 6M
- -16.23%
- YTD
- -5.74%
- 1Y
- 52.51%
- 3Y*
- 33.89%
- 5Y*
- 11.52%
- 10Y*
- 10.07%
- ALL TIME*
- 4.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $195.20M | $192.79M | $262.31M | |
| $671.95M | $683.19M | $803.32M |
DY vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DY Dycom Industries, Inc. | 18.69% | 94.13% | 51.24% | 22.96% | -0.17% | 24.15% | 60.17% | -12.75% | -51.50% | 38.78% |
NEM Newmont Corporation | -5.74% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between DY and NEM is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 1990 | 0.10 |
Over the past year, DY and NEM have become more correlated (0.33) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
DY:
$12.04B
NEM:
$98.74B
DY:
$10.48
NEM:
$7.88
DY:
38.26
NEM:
11.89
DY:
0.54
NEM:
0.31
DY:
1.91
NEM:
5.34
DY:
6.43
NEM:
2.82
DY:
$6.25B
NEM:
$19.13B
DY:
$1.23B
NEM:
$10.94B
DY:
$1.07B
NEM:
$14.81B
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Return for Risk
DY vs. NEM — Risk / Return Rank
DY
NEM
DY vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dycom Industries, Inc. (DY) 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.
| DY | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.64 | -0.02 |
| Martin ratioReturn relative to average drawdown | 4.91 | 3.61 | +1.29 |
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Drawdowns
DY vs. NEM - Drawdown Comparison
The maximum DY drawdown since its inception was -93.54%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for DY and NEM.
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Drawdown Indicators
| DY | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.54% | -81.30% | -12.24% |
Max Drawdown (1Y)Largest decline over 1 year | -30.51% | -32.10% | +1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -32.58% | -36.57% | +3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -33.70% | -62.40% | +28.70% |
Max Drawdown (10Y)Largest decline over 10 years | -89.01% | -62.40% | -26.61% |
Current DrawdownCurrent decline from peak | -25.06% | -28.67% | +3.61% |
Average DrawdownAverage peak-to-trough decline | -45.56% | -41.33% | -4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.06% | 14.57% | -4.51% |
Volatility
DY vs. NEM - Volatility Comparison
Dycom Industries, Inc. (DY) has a higher volatility of 19.81% compared to Newmont Corporation (NEM) at 11.58%. This indicates that DY'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
| DY | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.81% | 11.58% | +8.23% |
Volatility (6M)Calculated over the trailing 6-month period | 42.94% | 37.40% | +5.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.41% | 47.45% | +2.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.18% | 38.35% | +5.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.32% | 35.74% | +17.58% |
Dividends
DY vs. NEM - Dividend Comparison
DY has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DY Dycom Industries, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Corporation | 1.09% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
DY vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Dycom Industries, Inc. 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
DY and NEM have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DY has higher volatility (19.81%) compared to NEM (11.58%). In terms of maximum drawdown, DY dropped -93.54% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.11 vs 0.98), 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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