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.
Performance
NEM vs. GOLD - Performance Comparison
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
6.64%
-26.18%
6.21%
18.27%
5.88%
10.99%
GOLD
1.96%
-14.49%
8.13%
14.23%
4.62%
5.62%
Fundamentals
NEM | GOLD | |
---|---|---|
Market Cap | $49.16B | $31.27B |
EPS | -$2.18 | $0.93 |
PEG Ratio | 0.79 | 2.34 |
Total Revenue (TTM) | $16.84B | $12.41B |
Gross Profit (TTM) | $3.84B | $4.12B |
EBITDA (TTM) | $3.88B | $5.97B |
Key characteristics
NEM | GOLD | |
---|---|---|
Sharpe Ratio | 0.51 | 0.43 |
Sortino Ratio | 0.92 | 0.81 |
Omega Ratio | 1.13 | 1.10 |
Calmar Ratio | 0.31 | 0.21 |
Martin Ratio | 1.54 | 1.45 |
Ulcer Index | 12.41% | 10.04% |
Daily Std Dev | 37.26% | 33.86% |
Max Drawdown | -77.75% | -88.52% |
Current Drawdown | -44.43% | -58.66% |
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Correlation
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.
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.
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