MPWR vs. NEM
MPWR (Monolithic Power Systems, Inc.) and NEM (Newmont Corporation) are both stocks. MPWR operates in Semiconductors (Technology), while NEM operates in Gold (Basic Materials). Over the past 10 years, MPWR returned 37.72%/yr vs 13.46%/yr for NEM. At a 0.14 correlation, their price movements are largely independent.
Performance
MPWR vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, MPWR achieves a 72.37% return, which is significantly higher than NEM's -0.43% return. Over the past 10 years, MPWR has outperformed NEM with an annualized return of 37.72%, while NEM has yielded a comparatively lower 13.46% annualized return.
MPWR
- 1D
- 5.28%
- 1M
- -2.60%
- YTD
- 72.37%
- 6M
- 59.11%
- 1Y
- 128.65%
- 3Y*
- 47.03%
- 5Y*
- 36.56%
- 10Y*
- 37.72%
NEM
- 1D
- -0.72%
- 1M
- -14.84%
- YTD
- -0.43%
- 6M
- 11.71%
- 1Y
- 91.07%
- 3Y*
- 36.63%
- 5Y*
- 10.33%
- 10Y*
- 13.46%
MPWR vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPWR Monolithic Power Systems, Inc. | 72.37% | 54.45% | -5.55% | 79.78% | -27.78% | 35.49% | 107.49% | 54.80% | 4.49% | 38.23% |
NEM Newmont Corporation | -0.43% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between MPWR and NEM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2004 | 0.14 |
Fundamentals
MPWR:
$13.89
NEM:
$6.34
MPWR:
112.24
NEM:
15.62
MPWR:
1.41
NEM:
0.41
MPWR:
25.63
NEM:
4.77
MPWR:
$2.96B
NEM:
$17.23B
MPWR:
$1.63B
NEM:
$8.97B
MPWR:
$861.78M
NEM:
$13.78B
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Return for Risk
MPWR vs. NEM — Risk / Return Rank
MPWR
NEM
MPWR vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Monolithic Power Systems, Inc. (MPWR) 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.
| MPWR | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.76 | 3.36 | +2.40 |
| Martin ratioReturn relative to average drawdown | 15.40 | 8.94 | +6.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MPWR | NEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 1.96 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.27 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.38 | +0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.12 | +0.46 |
Drawdowns
MPWR vs. NEM - Drawdown Comparison
The maximum MPWR drawdown since its inception was -72.27%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for MPWR and NEM.
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Drawdown Indicators
| MPWR | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.27% | -81.30% | +9.03% |
Max Drawdown (1Y)Largest decline over 1 year | -22.45% | -27.25% | +4.80% |
Max Drawdown (3Y)Largest decline over 3 years | -51.65% | -36.57% | -15.08% |
Max Drawdown (5Y)Largest decline over 5 years | -51.65% | -62.40% | +10.75% |
Max Drawdown (10Y)Largest decline over 10 years | -51.65% | -62.40% | +10.75% |
Current DrawdownCurrent decline from peak | -7.73% | -24.65% | +16.92% |
Average DrawdownAverage peak-to-trough decline | -17.72% | -41.38% | +23.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.38% | 10.22% | -1.84% |
Volatility
MPWR vs. NEM - Volatility Comparison
Monolithic Power Systems, Inc. (MPWR) has a higher volatility of 19.38% compared to Newmont Corporation (NEM) at 14.19%. This indicates that MPWR'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
| MPWR | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.38% | 14.19% | +5.19% |
Volatility (6M)Calculated over the trailing 6-month period | 36.53% | 36.93% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.99% | 46.87% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.40% | 37.83% | +15.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.17% | 35.59% | +11.58% |
Dividends
MPWR vs. NEM - Dividend Comparison
MPWR's dividend yield for the trailing twelve months is around 0.43%, less than NEM's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPWR Monolithic Power Systems, Inc. | 0.43% | 0.69% | 0.85% | 0.63% | 0.85% | 0.49% | 0.55% | 0.90% | 1.03% | 0.71% | 0.98% | 1.26% |
NEM Newmont Corporation | 1.03% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
MPWR vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Monolithic Power Systems, 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
MPWR and NEM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPWR has higher volatility (19.38%) compared to NEM (14.19%). In terms of maximum drawdown, MPWR dropped -72.27% vs NEM's -81.30%.
MPWR currently has the higher Sharpe Ratio (2.70 vs 1.96), 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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