ESE vs. NEM

Last updated Aug 1, 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 22.54%/yr vs 10.07%/yr for NEM. Their 0.11 correlation means their historical movements had little consistent relationship.

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 61.51% return, which is significantly higher than NEM's -5.74% return. Over the past 10 years, ESE has outperformed NEM with an annualized return of 22.54%, while NEM has yielded a comparatively lower 10.07% annualized return.

ESE

• 1D: 1.21%
• 1M: -7.22%
• 6M: 38.25%
• YTD: 61.51%
• 1Y: 62.98%
• 3Y*: 46.58%
• 5Y*: 27.65%
• 10Y*: 22.54%
• ALL TIME*: 15.54%

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%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ESE ESCO Technologies Inc.	$56.05M	$61.44M	$84.23M
NEM Newmont Corporation	$671.95M	$683.19M	$803.32M

ESE vs. NEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESE ESCO Technologies Inc.	61.51%	46.96%	14.15%	34.13%	-2.30%	-12.59%	12.01%	41.00%	10.04%	6.79%
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 ESE and NEM is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (3Y) Balances recent behavior with more history.	0.21
Correlation (5Y) Shows whether the relationship held over a longer period.	0.18
Correlation (10Y) Provides a long-term view across more market conditions.	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 0.24 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ESE : $8.17B NEM : $98.74B
EPS ESE : $11.89 NEM : $7.88
PE Ratio ESE : 26.51 NEM : 11.89
PEG Ratio ESE : 0.43 NEM : 0.31
PS Ratio ESE : 6.54 NEM : 5.34
PB Ratio ESE : 5.09 NEM : 2.82
Total Revenue (TTM) ESE : $1.25B NEM : $19.13B
Gross Profit (TTM) ESE : $271.43M NEM : $10.94B
EBITDA (TTM) ESE : $238.72M NEM : $14.81B

Return for Risk

ESE vs. NEM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ESE

ESE Risk / Return Rank: 89
ESE Sharpe Ratio Rank: 91
ESE Sortino Ratio Rank: 87
ESE Omega Ratio Rank: 85
ESE Calmar Ratio Rank: 92
ESE Martin Ratio Rank: 91

NEM

NEM Risk / Return Rank: 74
NEM Sharpe Ratio Rank: 78
NEM Sortino Ratio Rank: 72
NEM Omega Ratio Rank: 73
NEM Calmar Ratio Rank: 75
NEM Martin Ratio Rank: 74

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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	1.92	1.11	+0.81
Sortino ratio: Return per unit of downside risk	2.52	1.56	+0.96
Omega ratio: Gain probability vs. loss probability	1.31	1.21	+0.10
Calmar ratio: Return relative to maximum drawdown	4.10	1.64	+2.46
Martin ratio: Return relative to average drawdown	10.04	3.61	+6.42

ESE vs. NEM - Sharpe Ratio Comparison

The current ESE Sharpe Ratio is 1.92, which is higher than the NEM Sharpe Ratio of 1.11. 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	-15.43%	-32.10%	+16.67%
Max Drawdown (3Y) Largest decline over 3 years	-17.52%	-36.57%	+19.05%
Max Drawdown (5Y) Largest decline over 5 years	-35.31%	-62.40%	+27.09%
Max Drawdown (10Y) Largest decline over 10 years	-45.97%	-62.40%	+16.43%
Current Drawdown Current decline from peak	-11.14%	-28.67%	+17.53%
Average Drawdown Average peak-to-trough decline	-20.20%	-41.33%	+21.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.29%	14.57%	-8.28%

Volatility

ESE vs. NEM - Volatility Comparison

The current volatility for ESCO Technologies Inc. (ESE) is 10.28%, while Newmont Corporation (NEM) has a volatility of 11.58%. 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	10.28%	11.58%	-1.30%
Volatility (6M) Calculated over the trailing 6-month period	27.58%	37.40%	-9.82%
Volatility (1Y) Calculated over the trailing 1-year period	32.96%	47.45%	-14.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.74%	38.35%	-7.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.74%	35.74%	-5.00%

Dividends

ESE vs. NEM - Dividend Comparison

ESE's dividend yield for the trailing twelve months is around 0.10%, less than NEM's 1.09% 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	1.09%	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 0.24, 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 (11.58%) compared to ESE (10.28%). 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 (1.92 vs 1.11), 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.