IE vs. NEM

Last updated Apr 1, 2026

Compare and contrast key facts about Ivanhoe Electric Inc (IE) and Newmont Goldcorp Corporation (NEM).

Performance

IE vs. NEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ivanhoe Electric Inc (IE) and Newmont Goldcorp Corporation (NEM). The values are adjusted to include any dividend payments, if applicable.

IE vs. NEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IE Ivanhoe Electric Inc	-26.03%	111.66%	-25.10%	-17.04%	12.50%
NEM Newmont Goldcorp Corporation	8.63%	172.82%	-7.83%	-8.76%	-23.13%

Fundamentals

EPS IE : $0.00 NEM : $7.91
PS Ratio IE : 322.48 NEM : 5.15
Total Revenue (TTM) IE : $3.24M NEM : $15.51B
Gross Profit (TTM) IE : $2.12M NEM : $7.14B
EBITDA (TTM) IE : -$37.40M NEM : $13.38B

Returns By Period

In the year-to-date period, IE achieves a -26.03% return, which is significantly lower than NEM's 8.63% return.

IE

• 1D: 9.75%
• 1M: -31.24%
• YTD: -26.03%
• 6M: -5.82%
• 1Y: 103.44%
• 3Y*: -0.91%
• 5Y*: —
• 10Y*: —

NEM

• 1D: 4.97%
• 1M: -16.56%
• YTD: 8.63%
• 6M: 29.03%
• 1Y: 127.13%
• 3Y*: 33.46%
• 5Y*: 15.27%
• 10Y*: 17.90%

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

Return for Risk

IE vs. NEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IE

IE Risk / Return Rank: 78
IE Sharpe Ratio Rank: 82
IE Sortino Ratio Rank: 79
IE Omega Ratio Rank: 77
IE Calmar Ratio Rank: 76
IE Martin Ratio Rank: 77

NEM

NEM Risk / Return Rank: 93
NEM Sharpe Ratio Rank: 96
NEM Sortino Ratio Rank: 91
NEM Omega Ratio Rank: 92
NEM Calmar Ratio Rank: 93
NEM Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IE vs. NEM - Risk-Adjusted Trends 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.

	IE	NEM	Difference
Sharpe ratio Return per unit of total volatility	1.32	2.78	-1.46
Sortino ratio Return per unit of downside risk	2.03	2.89	-0.85
Omega ratio Gain probability vs. loss probability	1.25	1.42	-0.17
Calmar ratio Return relative to maximum drawdown	1.88	4.70	-2.82
Martin ratio Return relative to average drawdown	5.00	15.66	-10.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IE vs. NEM - Sharpe Ratio Comparison

The current IE Sharpe Ratio is 1.32, which is lower than the NEM Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of IE and NEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IE	NEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	2.78	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.13	-0.10

Correlation

The correlation between IE and NEM is 0.34, 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.

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 0.93%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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	0.93%	1.00%	2.69%	3.87%	4.66%	3.55%	1.74%	3.31%	1.62%	0.67%	0.37%	0.56%

Drawdowns

IE vs. NEM - Drawdown Comparison

The maximum IE drawdown since its inception was -71.12%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for IE and NEM.

Drawdown Indicators

	IE	NEM	Difference
Max Drawdown Largest peak-to-trough decline	-71.12%	-81.30%	+10.18%
Max Drawdown (1Y) Largest decline over 1 year	-45.93%	-27.25%	-18.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-62.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.40%	—
Current Drawdown Current decline from peak	-40.66%	-17.80%	-22.86%
Average Drawdown Average peak-to-trough decline	-31.80%	-41.50%	+9.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.28%	8.18%	+9.10%

Volatility

IE vs. NEM - Volatility Comparison

Ivanhoe Electric Inc (IE) has a higher volatility of 22.04% compared to Newmont Goldcorp Corporation (NEM) at 15.18%. 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.

Volatility by Period

	IE	NEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.04%	15.18%	+6.86%
Volatility (6M) Calculated over the trailing 6-month period	56.54%	37.47%	+19.07%
Volatility (1Y) Calculated over the trailing 1-year period	79.52%	46.03%	+33.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.31%	36.87%	+32.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.31%	35.65%	+33.66%

Financials