IE vs. NEM
Compare and contrast key facts about Ivanhoe Electric Inc (IE) and Newmont Goldcorp Corporation (NEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IE or NEM.
Correlation
The correlation between IE and NEM is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IE vs. NEM - Performance Comparison
Key characteristics
IE:
-0.24
NEM:
1.31
IE:
0.10
NEM:
1.77
IE:
1.01
NEM:
1.26
IE:
-0.25
NEM:
0.76
IE:
-0.54
NEM:
2.95
IE:
30.11%
NEM:
16.07%
IE:
66.97%
NEM:
36.35%
IE:
-64.05%
NEM:
-77.55%
IE:
-60.27%
NEM:
-37.94%
Fundamentals
IE:
$849.74M
NEM:
$53.97B
IE:
-$1.59
NEM:
-$2.19
IE:
$1.57M
NEM:
$12.92B
IE:
-$36.95M
NEM:
$3.95B
IE:
-$152.34M
NEM:
$4.98B
Returns By Period
In the year-to-date period, IE achieves a -13.64% return, which is significantly lower than NEM's 29.20% return.
IE
-13.64%
-0.91%
-6.59%
-12.60%
N/A
N/A
NEM
29.20%
13.55%
-5.44%
47.44%
2.66%
8.86%
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Risk-Adjusted Performance
IE vs. NEM — Risk-Adjusted Performance Rank
IE
NEM
IE vs. NEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ivanhoe Electric Inc (IE) and Newmont Goldcorp 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.
Dividends
IE vs. NEM - Dividend Comparison
IE has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 2.08%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IE Ivanhoe Electric 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% |
NEM Newmont Goldcorp Corporation | 2.08% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
Drawdowns
IE vs. NEM - Drawdown Comparison
The maximum IE drawdown since its inception was -64.05%, smaller than the maximum NEM drawdown of -77.55%. Use the drawdown chart below to compare losses from any high point for IE and NEM. For additional features, visit the drawdowns tool.
Volatility
IE vs. NEM - Volatility Comparison
Ivanhoe Electric Inc (IE) has a higher volatility of 13.93% compared to Newmont Goldcorp Corporation (NEM) at 8.39%. This indicates that IE's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IE vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Ivanhoe Electric Inc and Newmont Goldcorp 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