EGO vs. NUE
EGO (Eldorado Gold Corporation) and NUE (Nucor Corporation) are both stocks. Both are in the Basic Materials sector — EGO in Gold, NUE in Steel. Over the past 10 years, EGO returned 3.08%/yr vs 20.15%/yr for NUE. At a 0.21 correlation, their price movements are largely independent.
Performance
EGO vs. NUE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EGO achieves a -16.52% return, which is significantly lower than NUE's 55.89% return. Over the past 10 years, EGO has underperformed NUE with an annualized return of 3.08%, while NUE has yielded a comparatively higher 20.15% annualized return.
EGO
- 1D
- 0.95%
- 1M
- -12.34%
- YTD
- -16.52%
- 6M
- -2.86%
- 1Y
- 41.91%
- 3Y*
- 45.33%
- 5Y*
- 21.45%
- 10Y*
- 3.08%
NUE
- 1D
- -0.39%
- 1M
- 11.38%
- YTD
- 55.89%
- 6M
- 60.16%
- 1Y
- 111.60%
- 3Y*
- 22.06%
- 5Y*
- 20.51%
- 10Y*
- 20.15%
EGO vs. NUE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | -16.52% | 141.56% | 14.65% | 55.14% | -10.59% | -29.54% | 65.26% | 178.82% | -59.72% | -55.28% |
NUE Nucor Corporation | 55.89% | 42.03% | -31.95% | 33.75% | 17.39% | 118.45% | -1.77% | 11.84% | -16.36% | 9.60% |
Correlation
The correlation between EGO and NUE is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2003 | 0.21 |
The correlation between EGO and NUE shifts across timeframes, from 0.08 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
EGO:
$6.00B
NUE:
$58.10B
EGO:
$2.83
NUE:
$10.12
EGO:
10.57
NUE:
25.03
EGO:
3.03
NUE:
1.71
EGO:
1.39
NUE:
2.71
EGO:
$2.00B
NUE:
$34.16B
EGO:
$988.83M
NUE:
$4.77B
EGO:
$1.04B
NUE:
$3.49B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EGO vs. NUE — Risk / Return Rank
EGO
NUE
EGO vs. NUE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) and Nucor Corporation (NUE). 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.
| EGO | NUE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.98 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.54 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 6.09 | -5.08 |
| Martin ratioReturn relative to average drawdown | 2.36 | 18.29 | -15.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EGO | NUE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 3.80 | -2.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.55 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | 0.56 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.41 | -0.30 |
Drawdowns
EGO vs. NUE - Drawdown Comparison
The maximum EGO drawdown since its inception was -97.49%, which is greater than NUE's maximum drawdown of -68.34%. Use the drawdown chart below to compare losses from any high point for EGO and NUE.
Loading charts...
Drawdown Indicators
| EGO | NUE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.49% | -68.34% | -29.15% |
Max Drawdown (1Y)Largest decline over 1 year | -41.89% | -18.43% | -23.46% |
Max Drawdown (3Y)Largest decline over 3 years | -41.89% | -47.79% | +5.90% |
Max Drawdown (5Y)Largest decline over 5 years | -57.70% | -47.79% | -9.91% |
Max Drawdown (10Y)Largest decline over 10 years | -89.45% | -57.21% | -32.24% |
Current DrawdownCurrent decline from peak | -71.44% | -3.39% | -68.05% |
Average DrawdownAverage peak-to-trough decline | -55.68% | -21.14% | -34.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.77% | 6.12% | +11.65% |
Volatility
EGO vs. NUE - Volatility Comparison
Eldorado Gold Corporation (EGO) has a higher volatility of 17.23% compared to Nucor Corporation (NUE) at 7.99%. This indicates that EGO's price experiences larger fluctuations and is considered to be riskier than NUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EGO | NUE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.23% | 7.99% | +9.24% |
Volatility (6M)Calculated over the trailing 6-month period | 43.00% | 20.45% | +22.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.63% | 29.59% | +22.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.81% | 37.70% | +8.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.33% | 35.97% | +19.36% |
Dividends
EGO vs. NUE - Dividend Comparison
EGO's dividend yield for the trailing twelve months is around 0.50%, less than NUE's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.40% | 0.00% | 0.67% |
NUE Nucor Corporation | 0.88% | 1.35% | 1.86% | 1.19% | 1.52% | 1.50% | 3.03% | 2.85% | 2.97% | 2.38% | 2.52% | 3.70% |
Financials
EGO vs. NUE - Financials Comparison
This section allows you to compare key financial metrics between Eldorado Gold Corporation and Nucor 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
EGO vs. NUE - Profitability Comparison
EGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a gross profit of 290.22M and revenue of 532.43M. Therefore, the gross margin over that period was 54.5%.
NUE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nucor Corporation reported a gross profit of 1.50B and revenue of 9.50B. Therefore, the gross margin over that period was 15.8%.
EGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported an operating income of 261.43M and revenue of 532.43M, resulting in an operating margin of 49.1%.
NUE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nucor Corporation reported an operating income of 0.00 and revenue of 9.50B, resulting in an operating margin of 0.0%.
EGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a net income of 136.38M and revenue of 532.43M, resulting in a net margin of 25.6%.
NUE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nucor Corporation reported a net income of 743.00M and revenue of 9.50B, resulting in a net margin of 7.8%.
Frequently Asked Questions
EGO and NUE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EGO has higher volatility (17.23%) compared to NUE (7.99%). In terms of maximum drawdown, EGO dropped -97.49% vs NUE's -68.34%.
NUE currently has the higher Sharpe Ratio (3.80 vs 0.82), 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.
Find the right allocation for EGO and NUE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer