FLR vs. NEM
FLR (Fluor Corporation) and NEM (Newmont Corporation) are both stocks. FLR operates in Engineering & Construction (Industrials), while NEM operates in Gold (Basic Materials). Over the past 10 years, FLR returned 0.89%/yr vs 13.80%/yr for NEM. At a 0.19 correlation, their price movements are largely independent.
Performance
FLR vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, FLR achieves a 28.08% return, which is significantly higher than NEM's 0.82% return. Over the past 10 years, FLR has underperformed NEM with an annualized return of 0.89%, while NEM has yielded a comparatively higher 13.80% annualized return.
FLR
- 1D
- 1.22%
- 1M
- 14.43%
- YTD
- 28.08%
- 6M
- 16.42%
- 1Y
- 5.14%
- 3Y*
- 19.74%
- 5Y*
- 21.32%
- 10Y*
- 0.89%
NEM
- 1D
- 2.71%
- 1M
- -7.88%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 74.95%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
FLR vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLR Fluor Corporation | 28.08% | -19.65% | 25.91% | 13.01% | 39.93% | 55.10% | -14.55% | -39.54% | -36.61% | 0.15% |
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 FLR and NEM is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2000 | 0.19 |
The correlation between FLR and NEM shifts across timeframes, from 0.16 (10 years) to 0.32 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FLR:
$2.65
NEM:
$6.34
FLR:
19.14
NEM:
15.82
FLR:
0.04
NEM:
0.41
FLR:
0.44
NEM:
4.83
FLR:
$15.19B
NEM:
$17.23B
FLR:
-$247.00M
NEM:
$8.97B
FLR:
-$276.00M
NEM:
$13.78B
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Return for Risk
FLR vs. NEM — Risk / Return Rank
FLR
NEM
FLR vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fluor Corporation (FLR) 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.
| FLR | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.29 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 2.78 | -2.61 |
| Martin ratioReturn relative to average drawdown | 0.25 | 7.58 | -7.33 |
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Drawdowns
FLR vs. NEM - Drawdown Comparison
The maximum FLR drawdown since its inception was -95.89%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for FLR and NEM.
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Drawdown Indicators
| FLR | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.89% | -81.30% | -14.59% |
Max Drawdown (1Y)Largest decline over 1 year | -30.19% | -29.39% | -0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -47.63% | -36.57% | -11.06% |
Max Drawdown (5Y)Largest decline over 5 years | -47.63% | -62.40% | +14.77% |
Max Drawdown (10Y)Largest decline over 10 years | -94.16% | -62.40% | -31.76% |
Current DrawdownCurrent decline from peak | -38.58% | -23.71% | -14.87% |
Average DrawdownAverage peak-to-trough decline | -41.62% | -41.37% | -0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.52% | 10.73% | +8.79% |
Volatility
FLR vs. NEM - Volatility Comparison
Fluor Corporation (FLR) and Newmont Corporation (NEM) have volatilities of 15.37% and 15.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLR | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.37% | 15.74% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 35.04% | 37.43% | -2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.73% | 47.44% | +4.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.30% | 37.99% | +7.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.71% | 35.67% | +22.04% |
Dividends
FLR vs. NEM - Dividend Comparison
FLR has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLR Fluor Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.63% | 3.87% | 2.61% | 1.63% | 1.60% | 1.78% |
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
FLR vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Fluor Corporation and Newmont 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
Frequently Asked Questions
FLR and NEM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEM has higher volatility (15.74%) compared to FLR (15.37%). In terms of maximum drawdown, FLR dropped -95.89% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.73 vs 0.10), 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.
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