ESLT vs. NGD
ESLT (Elbit Systems Ltd) and NGD (New Gold Inc.) are both stocks. ESLT operates in Aerospace & Defense (Industrials), while NGD operates in Gold (Basic Materials). At a 0.09 correlation, their price movements are largely independent.
Performance
ESLT vs. NGD - Performance Comparison
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Returns By Period
ESLT
- 1D
- 0.83%
- 1M
- 6.13%
- YTD
- 43.85%
- 6M
- 71.50%
- 1Y
- 98.59%
- 3Y*
- 60.25%
- 5Y*
- 45.92%
- 10Y*
- 25.96%
NGD
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESLT vs. NGD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 43.85% | 125.14% | 22.17% | 31.30% | -4.82% | 34.77% | -14.56% | 37.62% | -13.22% | 32.65% |
NGD New Gold Inc. | 4.25% | 251.21% | 69.86% | 48.98% | -34.67% | -31.51% | 148.86% | 16.28% | -77.00% | -6.00% |
Correlation
The correlation between ESLT and NGD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2004 | 0.09 |
The correlation between ESLT and NGD shifts across timeframes, from 0.09 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ESLT:
$12.36
NGD:
$1.61
ESLT:
67.15
NGD:
5.64
ESLT:
3.18
NGD:
0.01
ESLT:
4.80
NGD:
3.30
ESLT:
$8.23B
NGD:
$1.46B
ESLT:
$2.03B
NGD:
$758.26M
ESLT:
$861.06M
NGD:
$1.19B
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Return for Risk
ESLT vs. NGD — Risk / Return Rank
ESLT
NGD
ESLT vs. NGD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) and New Gold Inc. (NGD). 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.
| ESLT | NGD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.39 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | — | — |
| Martin ratioReturn relative to average drawdown | 10.82 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESLT | NGD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.35 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.39 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | — | — |
Drawdowns
ESLT vs. NGD - Drawdown Comparison
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Drawdown Indicators
| ESLT | NGD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.79% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -25.98% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.89% | — | — |
Current DrawdownCurrent decline from peak | -18.07% | — | — |
Average DrawdownAverage peak-to-trough decline | -13.92% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.14% | — | — |
Volatility
ESLT vs. NGD - Volatility Comparison
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Volatility by Period
| ESLT | NGD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 33.61% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 42.26% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.13% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | — | — |
Dividends
ESLT vs. NGD - Dividend Comparison
ESLT's dividend yield for the trailing twelve months is around 0.37%, while NGD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 0.37% | 0.47% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% |
NGD New Gold 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% |
Financials
ESLT vs. NGD - Financials Comparison
This section allows you to compare key financial metrics between Elbit Systems Ltd and New Gold Inc.. 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
ESLT and NGD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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