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.
Performance
NEM vs. AEM - Performance Comparison
Returns By Period
In the year-to-date period, NEM achieves a 6.64% return, which is significantly lower than AEM's 55.30% return. Over the past 10 years, NEM has underperformed AEM with an annualized return of 10.99%, while AEM has yielded a comparatively higher 14.47% annualized return.
NEM
6.64%
-26.18%
6.21%
18.27%
5.88%
10.99%
AEM
55.30%
-5.02%
25.48%
73.10%
9.65%
14.47%
Fundamentals
| NEM | AEM | |
|---|---|---|
| Market Cap | $49.16B | $41.91B |
| EPS | -$2.18 | $1.98 |
| PEG Ratio | 0.79 | 28.15 |
| Total Revenue (TTM) | $16.84B | $7.86B |
| Gross Profit (TTM) | $3.84B | $3.04B |
| EBITDA (TTM) | $3.88B | $3.37B |
Key characteristics
| NEM | AEM | |
|---|---|---|
| Sharpe Ratio | 0.51 | 2.42 |
| Sortino Ratio | 0.92 | 2.95 |
| Omega Ratio | 1.13 | 1.38 |
| Calmar Ratio | 0.31 | 1.71 |
| Martin Ratio | 1.54 | 11.58 |
| Ulcer Index | 12.41% | 6.33% |
| Daily Std Dev | 37.26% | 30.27% |
| Max Drawdown | -77.75% | -90.33% |
| Current Drawdown | -44.43% | -5.94% |
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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.
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 2.65%, more than AEM's 1.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Goldcorp Corporation | 2.65% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% | 5.32% |
AEM Agnico Eagle Mines Limited | 1.91% | 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
Newmont Goldcorp Corporation (NEM) has a higher volatility of 17.98% compared to Agnico Eagle Mines Limited (AEM) at 11.23%. This indicates that NEM's price experiences larger fluctuations and is considered to be riskier 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