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:
0.63
AEM:
2.58
NEM:
1.04
AEM:
3.08
NEM:
1.15
AEM:
1.40
NEM:
0.37
AEM:
1.83
NEM:
1.57
AEM:
15.72
NEM:
14.60%
AEM:
4.95%
NEM:
36.42%
AEM:
30.10%
NEM:
-77.75%
AEM:
-90.33%
NEM:
-46.22%
AEM:
-3.84%
Fundamentals
NEM:
$47.44B
AEM:
$42.88B
NEM:
-$2.19
AEM:
$1.98
NEM:
0.79
AEM:
28.15
NEM:
$12.92B
AEM:
$6.07B
NEM:
$3.95B
AEM:
$2.50B
NEM:
$4.98B
AEM:
$3.27B
Returns By Period
In the year-to-date period, NEM achieves a 11.96% return, which is significantly higher than AEM's 8.72% return. Over the past 10 years, NEM has underperformed AEM with an annualized return of 8.35%, while AEM has yielded a comparatively higher 12.16% annualized return.
NEM
11.96%
10.71%
-10.38%
23.37%
2.36%
8.35%
AEM
8.72%
9.91%
15.76%
76.50%
10.02%
12.16%
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Risk-Adjusted Performance
NEM vs. AEM — Risk-Adjusted Performance Rank
NEM
AEM
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 2.40%, more than AEM's 1.88% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Goldcorp Corporation | 2.40% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
AEM Agnico Eagle Mines Limited | 1.88% | 2.05% | 2.92% | 3.08% | 3.29% | 1.35% | 1.10% | 1.09% | 0.89% | 1.05% | 1.22% | 1.29% |
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
Newmont Goldcorp Corporation (NEM) and Agnico Eagle Mines Limited (AEM) have volatilities of 9.42% and 9.06%, 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.
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