NAK vs. PLUG
NAK (Northern Dynasty Minerals Ltd.) and PLUG (Plug Power Inc.) are both stocks. NAK operates in Other Industrial Metals & Mining (Basic Materials), while PLUG operates in Electrical Equipment & Parts (Industrials). Over the past 10 years, NAK returned 20.01%/yr vs 4.78%/yr for PLUG. At a 0.18 correlation, their price movements are largely independent.
Performance
NAK vs. PLUG - Performance Comparison
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Returns By Period
In the year-to-date period, NAK achieves a 3.55% return, which is significantly lower than PLUG's 40.10% return. Over the past 10 years, NAK has outperformed PLUG with an annualized return of 20.01%, while PLUG has yielded a comparatively lower 4.78% annualized return.
NAK
- 1D
- 4.62%
- 1M
- -9.33%
- YTD
- 3.55%
- 6M
- -5.12%
- 1Y
- 65.85%
- 3Y*
- 109.20%
- 5Y*
- 29.51%
- 10Y*
- 20.01%
PLUG
- 1D
- -2.47%
- 1M
- -30.30%
- YTD
- 40.10%
- 6M
- 18.97%
- 1Y
- 112.31%
- 3Y*
- -36.75%
- 5Y*
- -38.69%
- 10Y*
- 4.78%
NAK vs. PLUG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NAK Northern Dynasty Minerals Ltd. | 3.55% | 238.78% | 79.86% | 46.42% | -32.31% | 1.30% | -25.12% | -24.46% | -67.84% | -14.49% |
PLUG Plug Power Inc. | 40.10% | -7.51% | -52.67% | -63.62% | -56.18% | -16.75% | 973.10% | 154.84% | -47.46% | 96.67% |
Correlation
The correlation between NAK and PLUG is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2003 | 0.19 |
Fundamentals
NAK:
$1.12B
PLUG:
$3.84B
NAK:
-CA$0.19
PLUG:
-$1.39
NAK:
88.47
PLUG:
5.12
NAK:
CA$0.00
PLUG:
$739.76M
NAK:
-CA$85.85K
PLUG:
-$189.79M
NAK:
-CA$99.80M
PLUG:
-$745.89M
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Return for Risk
NAK vs. PLUG — Risk / Return Rank
NAK
PLUG
NAK vs. PLUG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Dynasty Minerals Ltd. (NAK) and Plug Power Inc. (PLUG). 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.
| NAK | PLUG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 1.99 | -1.02 |
| Martin ratioReturn relative to average drawdown | 1.67 | 3.38 | -1.71 |
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Drawdowns
NAK vs. PLUG - Drawdown Comparison
The maximum NAK drawdown since its inception was -99.01%, roughly equal to the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for NAK and PLUG.
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Drawdown Indicators
| NAK | PLUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.01% | -99.99% | +0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -67.68% | -56.66% | -11.02% |
Max Drawdown (3Y)Largest decline over 3 years | -67.68% | -94.69% | +27.01% |
Max Drawdown (5Y)Largest decline over 5 years | -67.68% | -98.43% | +30.75% |
Max Drawdown (10Y)Largest decline over 10 years | -93.79% | -99.04% | +5.25% |
Current DrawdownCurrent decline from peak | -90.32% | -99.82% | +9.50% |
Average DrawdownAverage peak-to-trough decline | -73.93% | -96.21% | +22.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.60% | 33.39% | +6.21% |
Volatility
NAK vs. PLUG - Volatility Comparison
Northern Dynasty Minerals Ltd. (NAK) and Plug Power Inc. (PLUG) have volatilities of 26.03% and 26.34%, 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.
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Volatility by Period
| NAK | PLUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.03% | 26.34% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 77.41% | 64.10% | +13.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 115.33% | 108.06% | +7.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.81% | 94.54% | -10.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.90% | 89.47% | +8.43% |
Dividends
NAK vs. PLUG - Dividend Comparison
Neither NAK nor PLUG has paid dividends to shareholders.
Financials
NAK vs. PLUG - Financials Comparison
This section allows you to compare key financial metrics between Northern Dynasty Minerals Ltd. and Plug Power Inc.. 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
NAK and PLUG have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLUG has higher volatility (26.34%) compared to NAK (26.03%). In terms of maximum drawdown, NAK dropped -99.01% vs PLUG's -99.99%.
PLUG currently has the higher Sharpe Ratio (1.05 vs 0.57), 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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