MTR vs. NRT
MTR (Mesa Royalty Trust) and NRT (North European Oil Royalty Trust) are both stocks. Both are in the Energy sector — MTR in Oil & Gas E&P, NRT in Oil & Gas Midstream. Over the past 10 years, MTR returned 0.07%/yr vs 10.14%/yr for NRT. At a 0.10 correlation, their price movements are largely independent.
Performance
MTR vs. NRT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MTR achieves a -10.37% return, which is significantly lower than NRT's 30.68% return. Over the past 10 years, MTR has underperformed NRT with an annualized return of 0.07%, while NRT has yielded a comparatively higher 10.14% annualized return.
MTR
- 1D
- -0.39%
- 1M
- -17.71%
- YTD
- -10.37%
- 6M
- -16.91%
- 1Y
- -21.89%
- 3Y*
- -43.87%
- 5Y*
- -2.39%
- 10Y*
- 0.07%
NRT
- 1D
- 1.11%
- 1M
- -2.45%
- YTD
- 30.68%
- 6M
- 40.04%
- 1Y
- 79.75%
- 3Y*
- -4.02%
- 5Y*
- 19.02%
- 10Y*
- 10.14%
MTR vs. NRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTR Mesa Royalty Trust | -10.37% | -23.56% | -54.12% | -35.42% | 312.74% | 61.90% | -38.58% | -30.38% | -36.23% | 88.15% |
NRT North European Oil Royalty Trust | 30.68% | 88.44% | -25.32% | -46.49% | 41.92% | 269.00% | -46.68% | 14.38% | -9.05% | 17.23% |
Correlation
The correlation between MTR and NRT is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987 | 0.10 |
Fundamentals
MTR:
$0.31
NRT:
$1.57
MTR:
12.39
NRT:
5.22
MTR:
0.17
NRT:
0.06
MTR:
10.02
NRT:
6.15
MTR:
$531.60K
NRT:
$8.14M
MTR:
$466.76K
NRT:
$8.14M
MTR:
$429.49K
NRT:
$7.59M
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
MTR vs. NRT — Risk / Return Rank
MTR
NRT
MTR vs. NRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mesa Royalty Trust (MTR) and North European Oil Royalty Trust (NRT). 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.
| MTR | NRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.28 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 3.76 | -4.15 |
| Martin ratioReturn relative to average drawdown | -0.53 | 9.64 | -10.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MTR | NRT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | 1.50 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.32 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | 0.19 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.22 | -0.17 |
Drawdowns
MTR vs. NRT - Drawdown Comparison
The maximum MTR drawdown since its inception was -88.90%, roughly equal to the maximum NRT drawdown of -85.53%. Use the drawdown chart below to compare losses from any high point for MTR and NRT.
Loading charts...
Drawdown Indicators
| MTR | NRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.90% | -85.53% | -3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -55.94% | -21.31% | -34.63% |
Max Drawdown (3Y)Largest decline over 3 years | -83.85% | -73.57% | -10.28% |
Max Drawdown (5Y)Largest decline over 5 years | -85.77% | -73.79% | -11.98% |
Max Drawdown (10Y)Largest decline over 10 years | -85.77% | -73.79% | -11.98% |
Current DrawdownCurrent decline from peak | -85.30% | -33.13% | -52.17% |
Average DrawdownAverage peak-to-trough decline | -32.14% | -23.37% | -8.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.49% | 8.30% | +33.19% |
Volatility
MTR vs. NRT - Volatility Comparison
Mesa Royalty Trust (MTR) and North European Oil Royalty Trust (NRT) have volatilities of 10.36% and 10.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MTR | NRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.36% | 10.64% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 33.50% | 44.90% | -11.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.74% | 53.68% | +17.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.06% | 60.50% | +11.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.70% | 53.08% | +16.62% |
Dividends
MTR vs. NRT - Dividend Comparison
MTR's dividend yield for the trailing twelve months is around 5.64%, less than NRT's 12.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTR Mesa Royalty Trust | 5.64% | 5.38% | 3.57% | 11.28% | 8.95% | 6.87% | 7.18% | 13.10% | 10.98% | 8.20% | 5.94% | 13.75% |
NRT North European Oil Royalty Trust | 12.36% | 12.31% | 11.88% | 38.77% | 14.42% | 4.70% | 11.00% | 13.87% | 12.07% | 10.92% | 10.15% | 17.45% |
Financials
MTR vs. NRT - Financials Comparison
This section allows you to compare key financial metrics between Mesa Royalty Trust and North European Oil Royalty Trust. 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
MTR and NRT have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NRT has higher volatility (10.64%) compared to MTR (10.36%). In terms of maximum drawdown, MTR dropped -88.90% vs NRT's -85.53%.
NRT currently has the higher Sharpe Ratio (1.50 vs -0.31), 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 MTR and NRT
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