IHICY vs. NEM
IHICY (IHI Corp ADR) and NEM (Newmont Corporation) are both stocks. IHICY operates in Specialty Industrial Machinery (Industrials), while NEM operates in Gold (Basic Materials). Over the past 10 years, IHICY returned 17.45%/yr vs 12.89%/yr for NEM. At a 0.07 correlation, their price movements are largely independent.
Performance
IHICY vs. NEM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IHICY achieves a -5.08% return, which is significantly lower than NEM's -1.59% return. Over the past 10 years, IHICY has outperformed NEM with an annualized return of 17.45%, while NEM has yielded a comparatively lower 12.89% annualized return.
IHICY
- 1D
- -4.97%
- 1M
- -3.87%
- YTD
- -5.08%
- 6M
- -8.22%
- 1Y
- 3.21%
- 3Y*
- 64.71%
- 5Y*
- 37.59%
- 10Y*
- 17.45%
NEM
- 1D
- -3.89%
- 1M
- -8.89%
- YTD
- -1.59%
- 6M
- -6.63%
- 1Y
- 66.30%
- 3Y*
- 35.97%
- 5Y*
- 12.67%
- 10Y*
- 12.89%
IHICY vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHICY IHI Corp ADR | -5.08% | 155.30% | 157.82% | -35.25% | 47.39% | 0.22% | -11.08% | -17.04% | -20.64% | 26.77% |
NEM Newmont Corporation | -1.59% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between IHICY and NEM is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2013 | 0.07 |
The correlation between IHICY and NEM shifts across timeframes, from 0.07 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IHICY:
¥190.05
NEM:
$6.34
IHICY:
14.14
NEM:
15.44
IHICY:
0.10
NEM:
0.40
IHICY:
1.39
NEM:
4.71
IHICY:
¥1.67T
NEM:
$17.23B
IHICY:
¥384.99B
NEM:
$8.97B
IHICY:
¥245.71B
NEM:
$13.78B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IHICY vs. NEM — Risk / Return Rank
IHICY
NEM
IHICY vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IHI Corp ADR (IHICY) 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.
| IHICY | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 2.27 | -2.20 |
| Martin ratioReturn relative to average drawdown | 0.15 | 5.93 | -5.78 |
Loading charts...
Drawdowns
IHICY vs. NEM - Drawdown Comparison
The maximum IHICY drawdown since its inception was -79.56%, roughly equal to the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for IHICY and NEM.
Loading charts...
Drawdown Indicators
| IHICY | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.56% | -81.30% | +1.74% |
Max Drawdown (1Y)Largest decline over 1 year | -48.87% | -29.39% | -19.48% |
Max Drawdown (3Y)Largest decline over 3 years | -48.87% | -36.57% | -12.30% |
Max Drawdown (5Y)Largest decline over 5 years | -48.87% | -62.40% | +13.53% |
Max Drawdown (10Y)Largest decline over 10 years | -73.29% | -62.40% | -10.89% |
Current DrawdownCurrent decline from peak | -43.28% | -25.53% | -17.75% |
Average DrawdownAverage peak-to-trough decline | -40.42% | -41.36% | +0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.72% | 11.22% | +10.50% |
Volatility
IHICY vs. NEM - Volatility Comparison
IHI Corp ADR (IHICY) has a higher volatility of 20.80% compared to Newmont Corporation (NEM) at 15.78%. This indicates that IHICY'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.
Loading charts...
Volatility by Period
| IHICY | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.80% | 15.78% | +5.02% |
Volatility (6M)Calculated over the trailing 6-month period | 41.14% | 37.82% | +3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.81% | 47.80% | +24.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.40% | 38.04% | +21.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.61% | 35.71% | +16.90% |
Dividends
IHICY vs. NEM - Dividend Comparison
IHICY has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHICY IHI Corp ADR | 0.00% | 0.39% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Corporation | 1.04% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
IHICY vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between IHI Corp ADR 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
IHICY and NEM have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IHICY has higher volatility (20.80%) compared to NEM (15.78%). In terms of maximum drawdown, IHICY dropped -79.56% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.40 vs 0.04), 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.
Find the right allocation for IHICY and NEM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer