NEM vs. BBVA
NEM (Newmont Corporation) and BBVA (Banco Bilbao Vizcaya Argentaria, S.A.) are both stocks. NEM operates in Gold (Basic Materials), while BBVA operates in Banks - Diversified (Financial Services). Over the past 10 years, NEM returned 13.46%/yr vs 20.71%/yr for BBVA. At a 0.12 correlation, their price movements are largely independent.
Performance
NEM vs. BBVA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NEM achieves a -0.43% return, which is significantly higher than BBVA's -1.04% return. Over the past 10 years, NEM has underperformed BBVA with an annualized return of 13.46%, while BBVA has yielded a comparatively higher 20.71% annualized return.
NEM
- 1D
- -0.72%
- 1M
- -14.84%
- YTD
- -0.43%
- 6M
- 11.71%
- 1Y
- 91.07%
- 3Y*
- 36.63%
- 5Y*
- 10.33%
- 10Y*
- 13.46%
BBVA
- 1D
- 0.68%
- 1M
- 0.40%
- YTD
- -1.04%
- 6M
- 5.63%
- 1Y
- 55.10%
- 3Y*
- 55.69%
- 5Y*
- 36.80%
- 10Y*
- 20.71%
NEM vs. BBVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | -0.43% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | -1.04% | 153.74% | 14.20% | 62.48% | 10.09% | 22.05% | -6.31% | 11.07% | -35.01% | 32.83% |
Correlation
The correlation between NEM and BBVA is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 1988 | 0.12 |
Over the past year, NEM and BBVA have become more correlated (0.33) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
NEM:
$6.34
BBVA:
$1.84
NEM:
15.62
BBVA:
12.13
NEM:
0.41
BBVA:
0.45
NEM:
4.77
BBVA:
2.78
NEM:
$17.23B
BBVA:
$47.06B
NEM:
$8.97B
BBVA:
$32.43B
NEM:
$13.78B
BBVA:
$18.16B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NEM vs. BBVA — Risk / Return Rank
NEM
BBVA
NEM vs. BBVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NEM) and Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). 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.
| NEM | BBVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.28 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 2.50 | +0.86 |
| Martin ratioReturn relative to average drawdown | 8.94 | 6.60 | +2.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NEM | BBVA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 1.66 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 1.10 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.57 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.27 | -0.14 |
Drawdowns
NEM vs. BBVA - Drawdown Comparison
The maximum NEM drawdown since its inception was -81.30%, roughly equal to the maximum BBVA drawdown of -78.31%. Use the drawdown chart below to compare losses from any high point for NEM and BBVA.
Loading charts...
Drawdown Indicators
| NEM | BBVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -78.31% | -2.99% |
Max Drawdown (1Y)Largest decline over 1 year | -27.25% | -22.14% | -5.11% |
Max Drawdown (3Y)Largest decline over 3 years | -36.57% | -22.14% | -14.43% |
Max Drawdown (5Y)Largest decline over 5 years | -62.40% | -42.28% | -20.12% |
Max Drawdown (10Y)Largest decline over 10 years | -62.40% | -69.63% | +7.23% |
Current DrawdownCurrent decline from peak | -24.65% | -11.65% | -13.00% |
Average DrawdownAverage peak-to-trough decline | -41.38% | -29.08% | -12.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.22% | 8.37% | +1.85% |
Volatility
NEM vs. BBVA - Volatility Comparison
Newmont Corporation (NEM) has a higher volatility of 14.19% compared to Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) at 8.65%. This indicates that NEM's price experiences larger fluctuations and is considered to be riskier than BBVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NEM | BBVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.19% | 8.65% | +5.54% |
Volatility (6M)Calculated over the trailing 6-month period | 36.93% | 26.59% | +10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.87% | 33.52% | +13.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.83% | 33.53% | +4.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.59% | 36.30% | -0.71% |
Dividends
NEM vs. BBVA - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 1.03%, less than BBVA's 4.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 4.84% | 3.51% | 7.71% | 5.51% | 6.29% | 2.79% | 3.50% | 5.23% | 5.75% | 5.17% | 6.02% | 4.29% |
NEM Newmont Corporation | 1.03% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
NEM vs. BBVA - Financials Comparison
This section allows you to compare key financial metrics between Newmont Corporation and Banco Bilbao Vizcaya Argentaria, S.A.. 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
NEM and BBVA have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEM has higher volatility (14.19%) compared to BBVA (8.65%). In terms of maximum drawdown, NEM dropped -81.30% vs BBVA's -78.31%.
NEM currently has the higher Sharpe Ratio (1.96 vs 1.66), 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.
Find the right allocation for NEM and BBVA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer