IHICY vs. NEM

Last updated Jun 4, 2026

IHICY (IHI Corp ADR) and NEM (Newmont Goldcorp 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 16.52%/yr vs 14.53%/yr for NEM. At a 0.06 correlation, their price movements are largely independent.

Performance

IHICY vs. NEM - Performance Comparison

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

Returns By Period

In the year-to-date period, IHICY achieves a -12.33% return, which is significantly lower than NEM's 8.10% return. Over the past 10 years, IHICY has outperformed NEM with an annualized return of 16.52%, while NEM has yielded a comparatively lower 14.53% annualized return.

IHICY

• 1D: 0.07%
• 1M: -15.14%
• YTD: -12.33%
• 6M: -18.43%
• 1Y: 0.26%
• 3Y*: 65.99%
• 5Y*: 32.42%
• 10Y*: 16.52%

NEM

• 1D: -1.85%
• 1M: -0.56%
• YTD: 8.10%
• 6M: 20.40%
• 1Y: 96.26%
• 3Y*: 39.72%
• 5Y*: 11.70%
• 10Y*: 14.53%

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

IHICY vs. NEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHICY IHI Corp ADR	-12.33%	155.30%	157.82%	-35.25%	47.39%	0.22%	-11.08%	-17.04%	-20.64%	26.77%
NEM Newmont Goldcorp Corporation	8.10%	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 0.23, 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	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 29, 2013	0.06

The correlation between IHICY and NEM shifts across timeframes, from 0.06 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS IHICY : $190.05 NEM : $6.34
PE Ratio IHICY : 0.08 NEM : 16.96
PEG Ratio IHICY : 0.00 NEM : 0.44
PS Ratio IHICY : 0.01 NEM : 5.18
Total Revenue (TTM) IHICY : $1.67T NEM : $17.23B
Gross Profit (TTM) IHICY : $384.99B NEM : $8.97B
EBITDA (TTM) IHICY : $245.71B NEM : $13.78B

Return for Risk

IHICY vs. NEM — Risk / Return Rank

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

IHICY

IHICY Risk / Return Rank: 41
IHICY Sharpe Ratio Rank: 41
IHICY Sortino Ratio Rank: 43
IHICY Omega Ratio Rank: 42
IHICY Calmar Ratio Rank: 41
IHICY Martin Ratio Rank: 40

NEM

NEM Risk / Return Rank: 84
NEM Sharpe Ratio Rank: 88
NEM Sortino Ratio Rank: 80
NEM Omega Ratio Rank: 82
NEM Calmar Ratio Rank: 85
NEM Martin Ratio Rank: 86

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.

IHICY vs. NEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IHI Corp ADR (IHICY) 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.

	IHICY	NEM	Difference
Sharpe ratio Return per unit of total volatility	0.00	2.09	-2.09
Sortino ratio Return per unit of downside risk	0.54	2.38	-1.84
Omega ratio Gain probability vs. loss probability	1.06	1.33	-0.27
Calmar ratio Return relative to maximum drawdown	0.01	3.55	-3.55
Martin ratio Return relative to average drawdown	0.01	9.72	-9.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHICY vs. NEM - Sharpe Ratio Comparison

The current IHICY Sharpe Ratio is 0.00, which is lower than the NEM Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of IHICY and NEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IHICY	NEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.00	2.09	-2.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.31	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.41	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.13	+0.03

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.

Drawdown Indicators

	IHICY	NEM	Difference
Max Drawdown Largest peak-to-trough decline	-79.56%	-81.30%	+1.74%
Max Drawdown (1Y) Largest decline over 1 year	-47.65%	-27.25%	-20.40%
Max Drawdown (3Y) Largest decline over 3 years	-47.65%	-36.57%	-11.08%
Max Drawdown (5Y) Largest decline over 5 years	-47.65%	-62.40%	+14.75%
Max Drawdown (10Y) Largest decline over 10 years	-73.29%	-62.40%	-10.89%
Current Drawdown Current decline from peak	-47.61%	-18.20%	-29.41%
Average Drawdown Average peak-to-trough decline	-40.42%	-41.39%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.53%	9.94%	+9.59%

Volatility

IHICY vs. NEM - Volatility Comparison

IHI Corp ADR (IHICY) has a higher volatility of 19.84% compared to Newmont Goldcorp Corporation (NEM) at 13.05%. 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.

Volatility by Period

	IHICY	NEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.84%	13.05%	+6.79%
Volatility (6M) Calculated over the trailing 6-month period	39.37%	36.01%	+3.36%
Volatility (1Y) Calculated over the trailing 1-year period	72.22%	46.26%	+25.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.07%	37.67%	+21.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.37%	35.50%	+16.87%

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 0.95%.

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 Goldcorp Corporation	0.95%	1.00%	2.69%	3.87%	4.66%	3.55%	1.74%	3.31%	1.62%	0.67%	0.37%	0.56%

Financials

Frequently Asked Questions

Can I hold both IHICY and NEM in my portfolio?

IHICY and NEM 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.

Which is riskier, IHICY or NEM?

IHICY has higher volatility (19.84%) compared to NEM (13.05%). In terms of maximum drawdown, IHICY dropped -79.56% vs NEM's -81.30%.

Which has better risk-adjusted returns?

NEM currently has the higher Sharpe Ratio (2.09 vs 0.00), 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.