NEM vs. AU
Compare and contrast key facts about Newmont Goldcorp Corporation (NEM) and AngloGold Ashanti Limited (AU).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEM or AU.
Correlation
The correlation between NEM and AU is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NEM vs. AU - Performance Comparison
Key characteristics
NEM:
1.21
AU:
1.85
NEM:
1.71
AU:
2.46
NEM:
1.25
AU:
1.30
NEM:
0.89
AU:
1.45
NEM:
2.59
AU:
6.74
NEM:
17.92%
AU:
12.51%
NEM:
38.36%
AU:
45.58%
NEM:
-77.55%
AU:
-90.13%
NEM:
-29.98%
AU:
-21.97%
Fundamentals
NEM:
$60.04B
AU:
$20.42B
NEM:
$4.39
AU:
$2.33
NEM:
12.29
AU:
17.41
NEM:
0.79
AU:
0.00
NEM:
3.05
AU:
3.53
NEM:
1.98
AU:
3.08
NEM:
$19.65B
AU:
$7.54B
NEM:
$7.72B
AU:
$2.64B
NEM:
$6.55B
AU:
$2.91B
Returns By Period
In the year-to-date period, NEM achieves a 45.78% return, which is significantly lower than AU's 75.30% return. Over the past 10 years, NEM has underperformed AU with an annualized return of 10.01%, while AU has yielded a comparatively higher 14.69% annualized return.
NEM
45.78%
13.82%
12.73%
27.11%
0.10%
10.01%
AU
75.30%
11.36%
37.15%
78.90%
10.47%
14.69%
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Risk-Adjusted Performance
NEM vs. AU — Risk-Adjusted Performance Rank
NEM
AU
NEM vs. AU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Goldcorp Corporation (NEM) and AngloGold Ashanti Limited (AU). 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. AU - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 1.85%, less than AU's 2.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Goldcorp Corporation | 1.85% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
AU AngloGold Ashanti Limited | 2.30% | 1.78% | 1.14% | 2.26% | 2.57% | 0.49% | 0.30% | 0.48% | 0.97% | 0.00% | 0.00% | 0.03% |
Drawdowns
NEM vs. AU - Drawdown Comparison
The maximum NEM drawdown since its inception was -77.55%, smaller than the maximum AU drawdown of -90.13%. Use the drawdown chart below to compare losses from any high point for NEM and AU. For additional features, visit the drawdowns tool.
Volatility
NEM vs. AU - Volatility Comparison
The current volatility for Newmont Goldcorp Corporation (NEM) is 16.95%, while AngloGold Ashanti Limited (AU) has a volatility of 21.27%. This indicates that NEM experiences smaller price fluctuations and is considered to be less risky than AU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NEM vs. AU - Financials Comparison
This section allows you to compare key financial metrics between Newmont Goldcorp Corporation and AngloGold Ashanti 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