ESE vs. NEM

Last updated Jun 13, 2026

ESE (ESCO Technologies Inc.) and NEM (Newmont Corporation) are both stocks. ESE operates in Scientific & Technical Instruments (Technology), while NEM operates in Gold (Basic Materials). Over the past 10 years, ESE returned 23.22%/yr vs 13.80%/yr for NEM. At a 0.11 correlation, their price movements are largely independent.

Performance

ESE vs. NEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ESCO Technologies Inc. (ESE) and Newmont Corporation (NEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESE achieves a 60.68% return, which is significantly higher than NEM's 0.82% return. Over the past 10 years, ESE has outperformed NEM with an annualized return of 23.22%, while NEM has yielded a comparatively lower 13.80% annualized return.

ESE

• 1D: -0.69%
• 1M: 4.49%
• YTD: 60.68%
• 6M: 53.77%
• 1Y: 68.53%
• 3Y*: 47.58%
• 5Y*: 28.75%
• 10Y*: 23.22%

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%

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

ESE vs. NEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESE ESCO Technologies Inc.	60.68%	46.96%	14.15%	34.13%	-2.30%	-12.59%	12.01%	41.00%	10.04%	6.79%
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 ESE and NEM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 1, 1990	0.11

The correlation between ESE and NEM shifts across timeframes, from 0.11 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS ESE : $11.89 NEM : $6.34
PE Ratio ESE : 26.38 NEM : 15.82
PEG Ratio ESE : 0.43 NEM : 0.41
PS Ratio ESE : 6.51 NEM : 4.83
Total Revenue (TTM) ESE : $1.25B NEM : $17.23B
Gross Profit (TTM) ESE : $271.43M NEM : $8.97B
EBITDA (TTM) ESE : $238.72M NEM : $13.78B

Return for Risk

ESE vs. NEM — Risk / Return Rank

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

ESE

ESE Risk / Return Rank: 90
ESE Sharpe Ratio Rank: 91
ESE Sortino Ratio Rank: 88
ESE Omega Ratio Rank: 87
ESE Calmar Ratio Rank: 91
ESE Martin Ratio Rank: 91

NEM

NEM Risk / Return Rank: 82
NEM Sharpe Ratio Rank: 86
NEM Sortino Ratio Rank: 78
NEM Omega Ratio Rank: 80
NEM Calmar Ratio Rank: 82
NEM Martin Ratio Rank: 84

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.

ESE vs. NEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ESCO Technologies Inc. (ESE) 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.

	ESE	NEM	Difference
Sharpe ratio: Return per unit of total volatility	2.22	1.73	+0.49
Sortino ratio: Return per unit of downside risk	2.87	2.08	+0.79
Omega ratio: Gain probability vs. loss probability	1.36	1.29	+0.07
Calmar ratio: Return relative to maximum drawdown	4.53	2.78	+1.75
Martin ratio: Return relative to average drawdown	11.86	7.58	+4.27

ESE vs. NEM - Sharpe Ratio Comparison

The current ESE Sharpe Ratio is 2.22, which is comparable to the NEM Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of ESE and NEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ESE vs. NEM - Drawdown Comparison

The maximum ESE drawdown since its inception was -58.54%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for ESE and NEM.

Drawdown Indicators

	ESE	NEM	Difference
Max Drawdown Largest peak-to-trough decline	-58.54%	-81.30%	+22.76%
Max Drawdown (1Y) Largest decline over 1 year	-15.22%	-29.39%	+14.17%
Max Drawdown (3Y) Largest decline over 3 years	-17.52%	-36.57%	+19.05%
Max Drawdown (5Y) Largest decline over 5 years	-36.88%	-62.40%	+25.52%
Max Drawdown (10Y) Largest decline over 10 years	-45.97%	-62.40%	+16.43%
Current Drawdown Current decline from peak	-7.55%	-23.71%	+16.16%
Average Drawdown Average peak-to-trough decline	-20.25%	-41.37%	+21.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.80%	10.73%	-4.93%

Volatility

ESE vs. NEM - Volatility Comparison

The current volatility for ESCO Technologies Inc. (ESE) is 8.56%, while Newmont Corporation (NEM) has a volatility of 15.74%. This indicates that ESE experiences smaller price fluctuations and is considered to be less risky than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESE	NEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.56%	15.74%	-7.18%
Volatility (6M) Calculated over the trailing 6-month period	25.29%	37.43%	-12.14%
Volatility (1Y) Calculated over the trailing 1-year period	31.04%	47.44%	-16.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.40%	37.99%	-7.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.53%	35.67%	-5.14%

Dividends

ESE vs. NEM - Dividend Comparison

ESE's dividend yield for the trailing twelve months is around 0.10%, less than NEM's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESE ESCO Technologies Inc.	0.10%	0.16%	0.24%	0.27%	0.37%	0.27%	0.31%	0.43%	0.49%	0.40%	0.56%	0.89%
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

Frequently Asked Questions

Can I hold both ESE and NEM in my portfolio?

ESE and NEM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ESE or NEM?

NEM has higher volatility (15.74%) compared to ESE (8.56%). In terms of maximum drawdown, ESE dropped -58.54% vs NEM's -81.30%.

Which has better risk-adjusted returns?

ESE currently has the higher Sharpe Ratio (2.22 vs 1.73), 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.