NAK vs. EXTR

Last updated Jun 3, 2026

NAK (Northern Dynasty Minerals Ltd.) and EXTR (Extreme Networks, Inc.) are both stocks. NAK operates in Other Industrial Metals & Mining (Basic Materials), while EXTR operates in Communication Equipment (Technology). Over the past 10 years, NAK returned 20.79%/yr vs 23.13%/yr for EXTR. At a 0.16 correlation, their price movements are largely independent.

Performance

NAK vs. EXTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Dynasty Minerals Ltd. (NAK) and Extreme Networks, Inc. (EXTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NAK achieves a 20.81% return, which is significantly lower than EXTR's 77.06% return. Over the past 10 years, NAK has underperformed EXTR with an annualized return of 20.79%, while EXTR has yielded a comparatively higher 23.13% annualized return.

NAK

• 1D: 3.93%
• 1M: 16.10%
• YTD: 20.81%
• 6M: 30.05%
• 1Y: 105.17%
• 3Y*: 120.83%
• 5Y*: 32.93%
• 10Y*: 20.79%

EXTR

• 1D: 4.80%
• 1M: 32.26%
• YTD: 77.06%
• 6M: 70.50%
• 1Y: 84.37%
• 3Y*: 10.47%
• 5Y*: 21.08%
• 10Y*: 23.13%

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

NAK vs. EXTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NAK Northern Dynasty Minerals Ltd.	20.81%	238.78%	79.86%	46.42%	-32.31%	1.30%	-25.12%	-24.46%	-67.84%	-14.49%
EXTR Extreme Networks, Inc.	77.06%	-0.54%	-5.10%	-3.66%	16.62%	127.87%	-6.51%	20.82%	-51.28%	148.91%

Correlation

The correlation between NAK and EXTR is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 10, 2003	0.16

Fundamentals

Market Cap NAK : $1.31B EXTR : $3.94B
EPS NAK : -$0.19 EXTR : $0.12
PB Ratio NAK : 73.84 EXTR : 49.87
Total Revenue (TTM) NAK : $0.00 EXTR : $1.25B
Gross Profit (TTM) NAK : -$85.85K EXTR : $767.74M
EBITDA (TTM) NAK : -$99.80M EXTR : $57.04M

Return for Risk

NAK vs. EXTR — Risk / Return Rank

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

NAK

NAK Risk / Return Rank: 70
NAK Sharpe Ratio Rank: 68
NAK Sortino Ratio Rank: 70
NAK Omega Ratio Rank: 75
NAK Calmar Ratio Rank: 72
NAK Martin Ratio Rank: 66

EXTR

EXTR Risk / Return Rank: 80
EXTR Sharpe Ratio Rank: 84
EXTR Sortino Ratio Rank: 83
EXTR Omega Ratio Rank: 85
EXTR Calmar Ratio Rank: 76
EXTR Martin Ratio Rank: 71

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.

NAK vs. EXTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Dynasty Minerals Ltd. (NAK) and Extreme Networks, Inc. (EXTR). 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.

	NAK	EXTR	Difference
Sharpe ratio Return per unit of total volatility	0.92	1.70	-0.78
Sortino ratio Return per unit of downside risk	1.78	2.60	-0.82
Omega ratio Gain probability vs. loss probability	1.26	1.36	-0.09
Calmar ratio Return relative to maximum drawdown	1.84	2.21	-0.37
Martin ratio Return relative to average drawdown	3.17	4.12	-0.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NAK vs. EXTR - Sharpe Ratio Comparison

The current NAK Sharpe Ratio is 0.92, which is lower than the EXTR Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of NAK and EXTR, 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

	NAK	EXTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	1.70	-0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.44	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.43	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	0.00	-0.01

Drawdowns

NAK vs. EXTR - Drawdown Comparison

The maximum NAK drawdown since its inception was -99.01%, roughly equal to the maximum EXTR drawdown of -99.15%. Use the drawdown chart below to compare losses from any high point for NAK and EXTR.

Drawdown Indicators

	NAK	EXTR	Difference
Max Drawdown Largest peak-to-trough decline	-99.01%	-99.15%	+0.14%
Max Drawdown (1Y) Largest decline over 1 year	-67.68%	-39.87%	-27.81%
Max Drawdown (3Y) Largest decline over 3 years	-67.68%	-67.21%	-0.47%
Max Drawdown (5Y) Largest decline over 5 years	-67.68%	-67.21%	-0.47%
Max Drawdown (10Y) Largest decline over 10 years	-93.79%	-87.53%	-6.26%
Current Drawdown Current decline from peak	-88.71%	-76.23%	-12.48%
Average Drawdown Average peak-to-trough decline	-73.91%	-89.01%	+15.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.31%	21.41%	+17.90%

Volatility

NAK vs. EXTR - Volatility Comparison

Northern Dynasty Minerals Ltd. (NAK) has a higher volatility of 18.98% compared to Extreme Networks, Inc. (EXTR) at 16.25%. This indicates that NAK's price experiences larger fluctuations and is considered to be riskier than EXTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NAK	EXTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.98%	16.25%	+2.73%
Volatility (6M) Calculated over the trailing 6-month period	75.87%	36.98%	+38.89%
Volatility (1Y) Calculated over the trailing 1-year period	115.14%	49.99%	+65.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.47%	47.76%	+35.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.83%	54.32%	+43.51%

Dividends

NAK vs. EXTR - Dividend Comparison

Neither NAK nor EXTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NAK and EXTR in my portfolio?

NAK and EXTR have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NAK or EXTR?

NAK has higher volatility (18.98%) compared to EXTR (16.25%). In terms of maximum drawdown, NAK dropped -99.01% vs EXTR's -99.15%.

Which has better risk-adjusted returns?

EXTR currently has the higher Sharpe Ratio (1.70 vs 0.92), 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.