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NEM vs. GOLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

NEM vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Newmont Goldcorp Corporation (NEM) and Barrick Gold Corporation (GOLD). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
4.32%
7.62%
NEM
GOLD

Returns By Period

In the year-to-date period, NEM achieves a 6.64% return, which is significantly higher than GOLD's 1.96% return. Over the past 10 years, NEM has outperformed GOLD with an annualized return of 10.99%, while GOLD has yielded a comparatively lower 5.62% annualized return.


NEM

YTD

6.64%

1M

-26.18%

6M

6.21%

1Y

18.27%

5Y (annualized)

5.88%

10Y (annualized)

10.99%

GOLD

YTD

1.96%

1M

-14.49%

6M

8.13%

1Y

14.23%

5Y (annualized)

4.62%

10Y (annualized)

5.62%

Fundamentals


NEMGOLD
Market Cap$49.16B$31.27B
EPS-$2.18$0.93
PEG Ratio0.792.34
Total Revenue (TTM)$16.84B$12.41B
Gross Profit (TTM)$3.84B$4.12B
EBITDA (TTM)$3.88B$5.97B

Key characteristics


NEMGOLD
Sharpe Ratio0.510.43
Sortino Ratio0.920.81
Omega Ratio1.131.10
Calmar Ratio0.310.21
Martin Ratio1.541.45
Ulcer Index12.41%10.04%
Daily Std Dev37.26%33.86%
Max Drawdown-77.75%-88.52%
Current Drawdown-44.43%-58.66%

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Correlation

-0.50.00.51.00.7

The correlation between NEM and GOLD is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for NEM, currently valued at 0.51, compared to the broader market-4.00-2.000.002.004.000.510.43
The chart of Sortino ratio for NEM, currently valued at 0.92, compared to the broader market-4.00-2.000.002.004.000.920.81
The chart of Omega ratio for NEM, currently valued at 1.13, compared to the broader market0.501.001.502.001.131.10
The chart of Calmar ratio for NEM, currently valued at 0.31, compared to the broader market0.002.004.006.000.310.21
The chart of Martin ratio for NEM, currently valued at 1.54, compared to the broader market0.0010.0020.0030.001.541.45
NEM
GOLD

The current NEM Sharpe Ratio is 0.51, which is comparable to the GOLD Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of NEM and GOLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.51
0.43
NEM
GOLD

Dividends

NEM vs. GOLD - Dividend Comparison

NEM's dividend yield for the trailing twelve months is around 2.65%, more than GOLD's 2.21% yield.


TTM20232022202120202019201820172016201520142013
NEM
Newmont Goldcorp Corporation
2.65%3.87%4.66%3.55%1.74%3.31%1.62%0.67%0.37%0.56%1.19%5.32%
GOLD
Barrick Gold Corporation
2.21%2.21%3.78%4.11%1.36%0.70%1.40%0.83%0.50%1.89%1.86%2.83%

Drawdowns

NEM vs. GOLD - Drawdown Comparison

The maximum NEM drawdown since its inception was -77.75%, smaller than the maximum GOLD drawdown of -88.52%. Use the drawdown chart below to compare losses from any high point for NEM and GOLD. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%JuneJulyAugustSeptemberOctoberNovember
-44.43%
-58.66%
NEM
GOLD

Volatility

NEM vs. GOLD - Volatility Comparison

Newmont Goldcorp Corporation (NEM) has a higher volatility of 17.98% compared to Barrick Gold Corporation (GOLD) at 10.25%. This indicates that NEM's price experiences larger fluctuations and is considered to be riskier than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JuneJulyAugustSeptemberOctoberNovember
17.98%
10.25%
NEM
GOLD

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items