NEM vs. BDGI.TO
NEM (Newmont Corporation) and BDGI.TO (Badger Infrastructure Solutions Ltd.) are both stocks. NEM operates in Gold (Basic Materials), while BDGI.TO operates in Engineering & Construction (Industrials). Over the past 10 years, NEM returned 13.46%/yr vs 16.43%/yr for BDGI.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
NEM vs. BDGI.TO - Performance Comparison
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Different Trading Currencies
NEM is traded in USD, while BDGI.TO is traded in CAD. To make them comparable, the BDGI.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NEM achieves a -0.43% return, which is significantly lower than BDGI.TO's 26.22% return. Over the past 10 years, NEM has underperformed BDGI.TO with an annualized return of 13.46%, while BDGI.TO has yielded a comparatively higher 16.43% 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%
BDGI.TO
- 1D
- 5.44%
- 1M
- 9.14%
- YTD
- 26.22%
- 6M
- 21.04%
- 1Y
- 104.65%
- 3Y*
- 52.00%
- 5Y*
- 18.36%
- 10Y*
- 16.43%
NEM vs. BDGI.TO - 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% |
BDGI.TO Badger Infrastructure Solutions Ltd. | 26.22% | 116.68% | -17.29% | 59.81% | -19.27% | -14.92% | 12.95% | 15.26% | 11.51% | -7.84% |
Correlation
The correlation between NEM and BDGI.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.09 |
The correlation between NEM and BDGI.TO shifts across timeframes, from 0.07 (10 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NEM:
$6.34
BDGI.TO:
CA$2.01
NEM:
15.62
BDGI.TO:
46.56
NEM:
0.41
BDGI.TO:
1.29
NEM:
4.77
BDGI.TO:
3.31
NEM:
$17.23B
BDGI.TO:
CA$955.05M
NEM:
$8.97B
BDGI.TO:
CA$221.07M
NEM:
$13.78B
BDGI.TO:
CA$178.82M
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Return for Risk
NEM vs. BDGI.TO — Risk / Return Rank
NEM
BDGI.TO
NEM vs. BDGI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NEM) and Badger Infrastructure Solutions Ltd. (BDGI.TO). 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 | BDGI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.49 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 4.02 | -0.66 |
| Martin ratioReturn relative to average drawdown | 8.94 | 10.86 | -1.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEM | BDGI.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 2.91 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.54 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.46 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.65 | -0.53 |
Drawdowns
NEM vs. BDGI.TO - Drawdown Comparison
The maximum NEM drawdown since its inception was -81.30%, which is greater than BDGI.TO's maximum drawdown of -64.68%. Use the drawdown chart below to compare losses from any high point for NEM and BDGI.TO.
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Drawdown Indicators
| NEM | BDGI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -64.68% | -16.62% |
Max Drawdown (1Y)Largest decline over 1 year | -27.25% | -26.18% | -1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -36.57% | -34.01% | -2.56% |
Max Drawdown (5Y)Largest decline over 5 years | -62.40% | -42.44% | -19.96% |
Max Drawdown (10Y)Largest decline over 10 years | -62.40% | -64.68% | +2.28% |
Current DrawdownCurrent decline from peak | -24.65% | 0.00% | -24.65% |
Average DrawdownAverage peak-to-trough decline | -41.38% | -22.48% | -18.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.22% | 9.67% | +0.55% |
Volatility
NEM vs. BDGI.TO - Volatility Comparison
Newmont Corporation (NEM) has a higher volatility of 14.19% compared to Badger Infrastructure Solutions Ltd. (BDGI.TO) at 8.66%. This indicates that NEM's price experiences larger fluctuations and is considered to be riskier than BDGI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEM | BDGI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.19% | 8.66% | +5.53% |
Volatility (6M)Calculated over the trailing 6-month period | 36.93% | 30.63% | +6.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.87% | 36.29% | +10.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.83% | 34.03% | +3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.59% | 35.67% | -0.08% |
Dividends
NEM vs. BDGI.TO - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 1.03%, more than BDGI.TO's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDGI.TO Badger Infrastructure Solutions Ltd. | 0.81% | 1.03% | 2.01% | 1.69% | 2.48% | 1.97% | 1.57% | 1.62% | 1.61% | 1.55% | 1.20% | 1.47% |
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. BDGI.TO - Financials Comparison
This section allows you to compare key financial metrics between Newmont Corporation and Badger Infrastructure Solutions Ltd.. 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 BDGI.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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