METC vs. NEM
METC (Ramaco Resources, Inc.) and NEM (Newmont Corporation) are both stocks. Both are in the Basic Materials sector — METC in Coking Coal, NEM in Gold. Over the past 5 years, METC returned 24.30%/yr vs 13.44%/yr for NEM. At a 0.13 correlation, their price movements are largely independent.
Performance
METC vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, METC achieves a -25.50% return, which is significantly lower than NEM's 2.40% return.
METC
- 1D
- -4.15%
- 1M
- -3.66%
- YTD
- -25.50%
- 6M
- -13.82%
- 1Y
- 22.24%
- 3Y*
- 23.09%
- 5Y*
- 24.30%
- 10Y*
- —
NEM
- 1D
- -1.92%
- 1M
- -5.20%
- YTD
- 2.40%
- 6M
- -2.51%
- 1Y
- 76.68%
- 3Y*
- 37.78%
- 5Y*
- 13.44%
- 10Y*
- 13.34%
METC vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
METC Ramaco Resources, Inc. | -25.50% | 94.40% | -37.24% | 105.93% | -32.97% | 372.22% | -19.55% | -27.68% | -28.05% | -52.71% |
NEM Newmont Corporation | 2.40% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 3.01% |
Correlation
The correlation between METC and NEM is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2017 | 0.13 |
Fundamentals
METC:
-$1.62
NEM:
$6.34
METC:
0.96
NEM:
4.91
METC:
$523.58M
NEM:
$17.23B
METC:
$10.83M
NEM:
$8.97B
METC:
$723.00K
NEM:
$13.78B
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Return for Risk
METC vs. NEM — Risk / Return Rank
METC
NEM
METC vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ramaco Resources, Inc. (METC) 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.
| METC | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.27 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 2.62 | -2.33 |
| Martin ratioReturn relative to average drawdown | 0.40 | 6.93 | -6.53 |
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Drawdowns
METC vs. NEM - Drawdown Comparison
The maximum METC drawdown since its inception was -86.53%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for METC and NEM.
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Drawdown Indicators
| METC | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.53% | -81.30% | -5.23% |
Max Drawdown (1Y)Largest decline over 1 year | -75.80% | -29.39% | -46.41% |
Max Drawdown (3Y)Largest decline over 3 years | -75.80% | -36.57% | -39.23% |
Max Drawdown (5Y)Largest decline over 5 years | -75.80% | -62.40% | -13.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.40% | — |
Current DrawdownCurrent decline from peak | -75.42% | -22.51% | -52.91% |
Average DrawdownAverage peak-to-trough decline | -52.09% | -41.36% | -10.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.59% | 11.10% | +44.49% |
Volatility
METC vs. NEM - Volatility Comparison
Ramaco Resources, Inc. (METC) has a higher volatility of 22.81% compared to Newmont Corporation (NEM) at 15.39%. This indicates that METC'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.
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Volatility by Period
| METC | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.81% | 15.39% | +7.42% |
Volatility (6M)Calculated over the trailing 6-month period | 62.10% | 37.61% | +24.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.23% | 47.72% | +54.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.35% | 38.00% | +44.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.86% | 35.73% | +40.13% |
Dividends
METC vs. NEM - Dividend Comparison
METC has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
METC Ramaco Resources, Inc. | 0.00% | 1.10% | 5.32% | 2.91% | 5.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Corporation | 1.00% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
METC vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Ramaco Resources, Inc. 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
METC and NEM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
METC has higher volatility (22.81%) compared to NEM (15.39%). In terms of maximum drawdown, METC dropped -86.53% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.62 vs 0.22), 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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