NEM vs. CF
NEM (Newmont Corporation) and CF (CF Industries Holdings, Inc.) are both stocks. Both are in the Basic Materials sector — NEM in Gold, CF in Agricultural Inputs. Over the past 10 years, NEM returned 13.80%/yr vs 17.90%/yr for CF. At a 0.21 correlation, their price movements are largely independent.
Performance
NEM vs. CF - Performance Comparison
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Returns By Period
In the year-to-date period, NEM achieves a 0.82% return, which is significantly lower than CF's 42.89% return. Over the past 10 years, NEM has underperformed CF with an annualized return of 13.80%, while CF has yielded a comparatively higher 17.90% annualized return.
NEM
- 1D
- 2.71%
- 1M
- -7.88%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 74.95%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
CF
- 1D
- 2.74%
- 1M
- -12.58%
- YTD
- 42.89%
- 6M
- 39.56%
- 1Y
- 11.91%
- 3Y*
- 19.07%
- 5Y*
- 17.73%
- 10Y*
- 17.90%
NEM vs. CF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | 0.82% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
CF CF Industries Holdings, Inc. | 42.89% | -7.17% | 10.08% | -4.75% | 22.29% | 87.18% | -15.76% | 12.73% | 5.13% | 40.24% |
Correlation
The correlation between NEM and CF is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2005 | 0.21 |
Over the past year, the correlation between NEM and CF has dropped to 0.00 - well below their long-term average of 0.21, suggesting their price drivers have been diverging.
Fundamentals
NEM:
$6.34
CF:
$11.08
NEM:
15.82
CF:
9.88
NEM:
0.41
CF:
0.16
NEM:
4.83
CF:
2.35
NEM:
$17.23B
CF:
$7.41B
NEM:
$8.97B
CF:
$2.99B
NEM:
$13.78B
CF:
$2.60B
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Return for Risk
NEM vs. CF — Risk / Return Rank
NEM
CF
NEM vs. CF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NEM) and CF Industries Holdings, Inc. (CF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NEM | CF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.11 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 0.77 | +2.00 |
| Martin ratioReturn relative to average drawdown | 7.58 | 1.35 | +6.24 |
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Drawdowns
NEM vs. CF - Drawdown Comparison
The maximum NEM drawdown since its inception was -81.30%, which is greater than CF's maximum drawdown of -76.73%. Use the drawdown chart below to compare losses from any high point for NEM and CF.
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Drawdown Indicators
| NEM | CF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -76.73% | -4.57% |
Max Drawdown (1Y)Largest decline over 1 year | -29.39% | -24.87% | -4.52% |
Max Drawdown (3Y)Largest decline over 3 years | -36.57% | -29.16% | -7.41% |
Max Drawdown (5Y)Largest decline over 5 years | -62.40% | -48.36% | -14.04% |
Max Drawdown (10Y)Largest decline over 10 years | -62.40% | -60.74% | -1.66% |
Current DrawdownCurrent decline from peak | -23.71% | -20.11% | -3.60% |
Average DrawdownAverage peak-to-trough decline | -41.37% | -24.92% | -16.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.73% | 14.29% | -3.56% |
Volatility
NEM vs. CF - Volatility Comparison
Newmont Corporation (NEM) has a higher volatility of 15.74% compared to CF Industries Holdings, Inc. (CF) at 9.83%. This indicates that NEM's price experiences larger fluctuations and is considered to be riskier than CF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEM | CF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.74% | 9.83% | +5.91% |
Volatility (6M)Calculated over the trailing 6-month period | 37.43% | 35.49% | +1.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.44% | 42.20% | +5.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.99% | 38.23% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.67% | 40.30% | -4.63% |
Dividends
NEM vs. CF - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 1.02%, less than CF's 1.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 1.83% | 2.59% | 2.34% | 2.01% | 1.76% | 1.70% | 3.10% | 2.51% | 2.76% | 2.82% | 3.81% | 2.94% |
NEM Newmont Corporation | 1.02% | 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. CF - Financials Comparison
This section allows you to compare key financial metrics between Newmont Corporation and CF Industries Holdings, Inc.. 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 CF have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEM has higher volatility (15.74%) compared to CF (9.83%). In terms of maximum drawdown, NEM dropped -81.30% vs CF's -76.73%.
NEM currently has the higher Sharpe Ratio (1.73 vs 0.46), 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.
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