ENR.DE vs. NGD.TO

Last updated Jun 13, 2026

ENR.DE (Siemens Energy AG) and NGD.TO (New Gold Inc.) are both stocks. ENR.DE operates in Specialty Industrial Machinery (Industrials), while NGD.TO operates in Gold (Basic Materials). At a 0.14 correlation, their price movements are largely independent.

Performance

ENR.DE vs. NGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Siemens Energy AG (ENR.DE) and New Gold Inc. (NGD.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ENR.DE is traded in EUR, while NGD.TO is traded in CAD. To make them comparable, the NGD.TO values have been converted to EUR using the latest available exchange rates.

Returns By Period

ENR.DE

• 1D: 4.48%
• 1M: -13.23%
• YTD: 28.10%
• 6M: 29.12%
• 1Y: 81.84%
• 3Y*: 86.70%
• 5Y*: 44.76%
• 10Y*: —

NGD.TO

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

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

ENR.DE vs. NGD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ENR.DE Siemens Energy AG	28.10%	138.98%	319.83%	-31.74%	-21.43%	-25.03%	36.30%
NGD.TO New Gold Inc.	2.57%	207.66%	83.76%	43.45%	-29.72%	-27.42%	25.17%

Correlation

The correlation between ENR.DE and NGD.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Sep 28, 2020	0.14

Return for Risk

ENR.DE vs. NGD.TO — Risk / Return Rank

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

ENR.DE

ENR.DE Risk / Return Rank: 83
ENR.DE Sharpe Ratio Rank: 85
ENR.DE Sortino Ratio Rank: 81
ENR.DE Omega Ratio Rank: 77
ENR.DE Calmar Ratio Rank: 84
ENR.DE Martin Ratio Rank: 90

NGD.TO

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.

ENR.DE vs. NGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Siemens Energy AG (ENR.DE) and New Gold Inc. (NGD.TO). 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.

	ENR.DE	NGD.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.63	—	—
Sortino ratio: Return per unit of downside risk	2.23	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	3.05	—	—
Martin ratio: Return relative to average drawdown	10.84	—	—

Drawdowns

Drawdown Indicators

	ENR.DE	NGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-79.51%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-26.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-70.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-74.46%	—	—
Current Drawdown Current decline from peak	-18.14%	—	—
Average Drawdown Average peak-to-trough decline	-28.41%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.35%	—	—

Volatility

Volatility by Period

	ENR.DE	NGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	48.84%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.08%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.48%	—	—

Dividends

ENR.DE vs. NGD.TO - Dividend Comparison

ENR.DE's dividend yield for the trailing twelve months is around 0.46%, while NGD.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ENR.DE Siemens Energy AG	0.46%	0.00%	0.00%	0.00%	0.57%
NGD.TO New Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ENR.DE and NGD.TO in my portfolio?

ENR.DE and NGD.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.