NEM vs. AEM
Compare and contrast key facts about Newmont Goldcorp Corporation (NEM) and Agnico Eagle Mines Limited (AEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEM or AEM.
Correlation
The correlation between NEM and AEM is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NEM vs. AEM - Performance Comparison
Key characteristics
NEM:
-0.12
AEM:
1.59
NEM:
0.08
AEM:
2.09
NEM:
1.01
AEM:
1.26
NEM:
-0.07
AEM:
1.12
NEM:
-0.31
AEM:
7.33
NEM:
15.00%
AEM:
6.56%
NEM:
36.80%
AEM:
30.21%
NEM:
-77.75%
AEM:
-90.33%
NEM:
-50.60%
AEM:
-11.61%
Fundamentals
NEM:
$45.31B
AEM:
$41.22B
NEM:
-$2.19
AEM:
$1.98
NEM:
0.79
AEM:
28.15
NEM:
$16.84B
AEM:
$7.88B
NEM:
$3.64B
AEM:
$3.06B
NEM:
$3.88B
AEM:
$3.38B
Returns By Period
In the year-to-date period, NEM achieves a -5.21% return, which is significantly lower than AEM's 45.94% return. Over the past 10 years, NEM has underperformed AEM with an annualized return of 10.35%, while AEM has yielded a comparatively higher 15.11% annualized return.
NEM
-5.21%
-10.43%
-8.44%
-5.30%
1.85%
10.35%
AEM
45.94%
-5.15%
20.99%
46.53%
8.92%
15.11%
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Risk-Adjusted Performance
NEM vs. AEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Goldcorp Corporation (NEM) and Agnico Eagle Mines Limited (AEM). 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.
Dividends
NEM vs. AEM - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 2.61%, more than AEM's 2.05% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Newmont Goldcorp Corporation | 2.61% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% | 5.32% |
Agnico Eagle Mines Limited | 2.05% | 2.92% | 3.08% | 2.63% | 1.35% | 1.10% | 1.09% | 0.89% | 0.86% | 1.22% | 1.29% | 3.34% |
Drawdowns
NEM vs. AEM - Drawdown Comparison
The maximum NEM drawdown since its inception was -77.75%, smaller than the maximum AEM drawdown of -90.33%. Use the drawdown chart below to compare losses from any high point for NEM and AEM. For additional features, visit the drawdowns tool.
Volatility
NEM vs. AEM - Volatility Comparison
The current volatility for Newmont Goldcorp Corporation (NEM) is 8.87%, while Agnico Eagle Mines Limited (AEM) has a volatility of 9.92%. This indicates that NEM experiences smaller price fluctuations and is considered to be less risky than AEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NEM vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between Newmont Goldcorp Corporation and Agnico Eagle Mines Limited. 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