NEM vs. GOLD
Compare and contrast key facts about Newmont Goldcorp Corporation (NEM) and Barrick Gold Corporation (GOLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEM or GOLD.
Correlation
The correlation between NEM and GOLD is 0.10, 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. GOLD - Performance Comparison
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Key characteristics
NEM:
0.49
GOLD:
0.14
NEM:
0.92
GOLD:
0.50
NEM:
1.13
GOLD:
1.06
NEM:
0.38
GOLD:
0.10
NEM:
1.11
GOLD:
0.51
NEM:
18.06%
GOLD:
12.77%
NEM:
37.07%
GOLD:
35.67%
NEM:
-77.55%
GOLD:
-88.51%
NEM:
-35.30%
GOLD:
-59.22%
Fundamentals
NEM:
$55.47B
GOLD:
$32.43B
NEM:
$4.50
GOLD:
$1.32
NEM:
11.08
GOLD:
14.29
NEM:
0.79
GOLD:
1.50
NEM:
2.82
GOLD:
2.44
NEM:
1.73
GOLD:
1.28
NEM:
$19.65B
GOLD:
$13.30B
NEM:
$7.72B
GOLD:
$5.37B
NEM:
$9.78B
GOLD:
$7.30B
Returns By Period
In the year-to-date period, NEM achieves a 34.70% return, which is significantly higher than GOLD's 14.38% return. Over the past 10 years, NEM has outperformed GOLD with an annualized return of 8.66%, while GOLD has yielded a comparatively lower 4.89% annualized return.
NEM
34.70%
-8.68%
23.98%
18.05%
-2.92%
8.66%
GOLD
14.38%
-13.24%
5.82%
3.47%
-6.36%
4.89%
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Risk-Adjusted Performance
NEM vs. GOLD — Risk-Adjusted Performance Rank
NEM
GOLD
NEM vs. GOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Goldcorp Corporation (NEM) and Barrick Gold Corporation (GOLD). 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.
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Dividends
NEM vs. GOLD - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 2.01%, less than GOLD's 2.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Goldcorp Corporation | 2.01% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
GOLD Barrick Gold Corporation | 2.27% | 2.58% | 2.21% | 3.78% | 4.11% | 1.36% | 0.70% | 1.40% | 0.83% | 0.50% | 1.90% | 1.86% |
Drawdowns
NEM vs. GOLD - Drawdown Comparison
The maximum NEM drawdown since its inception was -77.55%, smaller than the maximum GOLD drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for NEM and GOLD. For additional features, visit the drawdowns tool.
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Volatility
NEM vs. GOLD - Volatility Comparison
Newmont Goldcorp Corporation (NEM) and Barrick Gold Corporation (GOLD) have volatilities of 11.94% and 11.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NEM vs. GOLD - Financials Comparison
This section allows you to compare key financial metrics between Newmont Goldcorp Corporation and Barrick Gold Corporation. 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
NEM vs. GOLD - Profitability Comparison
NEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported a gross profit of 2.31B and revenue of 5.01B. Therefore, the gross margin over that period was 46.1%.
GOLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported a gross profit of 1.35B and revenue of 3.13B. Therefore, the gross margin over that period was 43.0%.
NEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported an operating income of 2.02B and revenue of 5.01B, resulting in an operating margin of 40.2%.
GOLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported an operating income of 1.23B and revenue of 3.13B, resulting in an operating margin of 39.3%.
NEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported a net income of 1.89B and revenue of 5.01B, resulting in a net margin of 37.7%.
GOLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported a net income of 474.00M and revenue of 3.13B, resulting in a net margin of 15.1%.