FNV vs. NTR
FNV (Franco-Nevada Corporation) and NTR (Nutrien Ltd.) are both stocks. Both are in the Basic Materials sector — FNV in Gold, NTR in Agricultural Inputs. Over the past 5 years, FNV returned 7.95%/yr vs 4.29%/yr for NTR. At a 0.19 correlation, their price movements are largely independent.
Performance
FNV vs. NTR - Performance Comparison
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Returns By Period
In the year-to-date period, FNV achieves a 3.78% return, which is significantly lower than NTR's 9.80% return.
FNV
- 1D
- -1.82%
- 1M
- -7.48%
- YTD
- 3.78%
- 6M
- 7.92%
- 1Y
- 29.43%
- 3Y*
- 14.93%
- 5Y*
- 7.95%
- 10Y*
- 12.94%
NTR
- 1D
- 0.12%
- 1M
- -1.54%
- YTD
- 9.80%
- 6M
- 15.63%
- 1Y
- 16.58%
- 3Y*
- 8.74%
- 5Y*
- 4.29%
- 10Y*
- —
FNV vs. NTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FNV Franco-Nevada Corporation | 3.78% | 77.81% | 7.41% | -17.96% | -0.39% | 11.57% | 22.31% | 48.92% | -10.50% |
NTR Nutrien Ltd. | 9.80% | 43.33% | -16.97% | -20.19% | 0.23% | 60.78% | 5.60% | 5.57% | -11.36% |
Correlation
The correlation between FNV and NTR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2018 | 0.19 |
Fundamentals
FNV:
$41.49B
NTR:
$32.41B
FNV:
$7.10
NTR:
$4.93
FNV:
30.25
NTR:
13.65
FNV:
0.63
NTR:
0.20
FNV:
19.71
NTR:
1.17
FNV:
5.10
NTR:
1.28
FNV:
$2.10B
NTR:
$27.76B
FNV:
$1.61B
NTR:
$8.66B
FNV:
$1.96B
NTR:
$6.33B
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Return for Risk
FNV vs. NTR — Risk / Return Rank
FNV
NTR
FNV vs. NTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franco-Nevada Corporation (FNV) and Nutrien Ltd. (NTR). 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.
| FNV | NTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.11 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 0.86 | +0.40 |
| Martin ratioReturn relative to average drawdown | 3.00 | 2.06 | +0.94 |
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
| FNV | NTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.53 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.13 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.18 | +0.27 |
Drawdowns
FNV vs. NTR - Drawdown Comparison
The maximum FNV drawdown since its inception was -58.76%, roughly equal to the maximum NTR drawdown of -57.80%. Use the drawdown chart below to compare losses from any high point for FNV and NTR.
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Drawdown Indicators
| FNV | NTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.76% | -57.80% | -0.96% |
Max Drawdown (1Y)Largest decline over 1 year | -23.40% | -19.36% | -4.04% |
Max Drawdown (3Y)Largest decline over 3 years | -29.64% | -32.82% | +3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -37.12% | -57.80% | +20.68% |
Max Drawdown (10Y)Largest decline over 10 years | -37.12% | — | — |
Current DrawdownCurrent decline from peak | -23.40% | -31.68% | +8.28% |
Average DrawdownAverage peak-to-trough decline | -13.96% | -26.17% | +12.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.83% | 8.08% | +1.75% |
Volatility
FNV vs. NTR - Volatility Comparison
Franco-Nevada Corporation (FNV) has a higher volatility of 12.49% compared to Nutrien Ltd. (NTR) at 6.83%. This indicates that FNV's price experiences larger fluctuations and is considered to be riskier than NTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNV | NTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.49% | 6.83% | +5.66% |
Volatility (6M)Calculated over the trailing 6-month period | 30.10% | 25.59% | +4.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.00% | 31.67% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.35% | 34.18% | -3.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.18% | 33.97% | -3.79% |
Dividends
FNV vs. NTR - Dividend Comparison
FNV's dividend yield for the trailing twelve months is around 0.74%, less than NTR's 3.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV Franco-Nevada Corporation | 0.74% | 0.73% | 1.22% | 1.23% | 0.94% | 1.10% | 0.82% | 0.96% | 1.35% | 1.14% | 1.46% | 1.81% |
NTR Nutrien Ltd. | 3.25% | 3.53% | 4.83% | 3.76% | 3.51% | 2.45% | 3.74% | 3.67% | 3.47% | 0.00% | 0.00% | 0.00% |
Financials
FNV vs. NTR - Financials Comparison
This section allows you to compare key financial metrics between Franco-Nevada Corporation and Nutrien Ltd.. 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
FNV vs. NTR - Profitability Comparison
FNV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported a gross profit of 518.42M and revenue of 641.09M. Therefore, the gross margin over that period was 80.9%.
NTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nutrien Ltd. reported a gross profit of 1.62B and revenue of 5.96B. Therefore, the gross margin over that period was 27.2%.
FNV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported an operating income of 503.23M and revenue of 641.09M, resulting in an operating margin of 78.5%.
NTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nutrien Ltd. reported an operating income of 419.11M and revenue of 5.96B, resulting in an operating margin of 7.0%.
FNV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Franco-Nevada Corporation reported a net income of 462.11M and revenue of 641.09M, resulting in a net margin of 72.1%.
NTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nutrien Ltd. reported a net income of 129.19M and revenue of 5.96B, resulting in a net margin of 2.2%.
Frequently Asked Questions
FNV and NTR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNV has higher volatility (12.49%) compared to NTR (6.83%). In terms of maximum drawdown, FNV dropped -58.76% vs NTR's -57.80%.
FNV currently has the higher Sharpe Ratio (0.82 vs 0.53), 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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