NEM vs. HCA
NEM (Newmont Corporation) and HCA (HCA Healthcare, Inc.) are both stocks. NEM operates in Gold (Basic Materials), while HCA operates in Medical Care Facilities (Healthcare). Over the past 10 years, NEM returned 13.80%/yr vs 18.27%/yr for HCA. At a 0.11 correlation, their price movements are largely independent.
Performance
NEM vs. HCA - Performance Comparison
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Returns By Period
In the year-to-date period, NEM achieves a 0.82% return, which is significantly higher than HCA's -16.94% return. Over the past 10 years, NEM has underperformed HCA with an annualized return of 13.80%, while HCA has yielded a comparatively higher 18.27% annualized return.
NEM
- 1D
- 2.71%
- 1M
- -15.55%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 81.14%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
HCA
- 1D
- 2.29%
- 1M
- -9.44%
- YTD
- -16.94%
- 6M
- -19.89%
- 1Y
- 4.87%
- 3Y*
- 12.30%
- 5Y*
- 13.79%
- 10Y*
- 18.27%
NEM vs. HCA - 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% |
HCA HCA Healthcare, Inc. | -16.94% | 56.71% | 11.75% | 13.83% | -5.64% | 57.58% | 12.07% | 20.24% | 43.37% | 18.67% |
Correlation
The correlation between NEM and HCA is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2011 | 0.11 |
The correlation between NEM and HCA shifts across timeframes, from 0.06 (1 year) to 0.19 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NEM:
$6.34
HCA:
$28.46
NEM:
15.82
HCA:
13.60
NEM:
0.41
HCA:
1.62
NEM:
4.83
HCA:
1.22
NEM:
$17.23B
HCA:
$75.60B
NEM:
$8.97B
HCA:
$31.37B
NEM:
$13.78B
HCA:
$15.60B
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Return for Risk
NEM vs. HCA — Risk / Return Rank
NEM
HCA
NEM vs. HCA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NEM) and HCA Healthcare, Inc. (HCA). 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 | HCA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.06 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 0.15 | +2.63 |
| Martin ratioReturn relative to average drawdown | 7.58 | 0.44 | +7.15 |
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Drawdowns
NEM vs. HCA - Drawdown Comparison
The maximum NEM drawdown since its inception was -81.30%, which is greater than HCA's maximum drawdown of -54.74%. Use the drawdown chart below to compare losses from any high point for NEM and HCA.
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Drawdown Indicators
| NEM | HCA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -54.74% | -26.56% |
Max Drawdown (1Y)Largest decline over 1 year | -29.39% | -33.62% | +4.23% |
Max Drawdown (3Y)Largest decline over 3 years | -36.57% | -33.62% | -2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -62.40% | -39.49% | -22.91% |
Max Drawdown (10Y)Largest decline over 10 years | -62.40% | -54.74% | -7.66% |
Current DrawdownCurrent decline from peak | -23.71% | -28.87% | +5.16% |
Average DrawdownAverage peak-to-trough decline | -41.37% | -11.04% | -30.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.73% | 11.15% | -0.42% |
Volatility
NEM vs. HCA - Volatility Comparison
Newmont Corporation (NEM) has a higher volatility of 15.74% compared to HCA Healthcare, Inc. (HCA) at 8.97%. This indicates that NEM's price experiences larger fluctuations and is considered to be riskier than HCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEM | HCA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.74% | 8.97% | +6.77% |
Volatility (6M)Calculated over the trailing 6-month period | 37.43% | 21.53% | +15.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.44% | 27.33% | +20.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.99% | 29.90% | +8.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.67% | 32.63% | +3.04% |
Dividends
NEM vs. HCA - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 1.02%, more than HCA's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCA HCA Healthcare, Inc. | 0.76% | 0.62% | 0.88% | 0.89% | 0.93% | 0.75% | 0.63% | 1.08% | 1.12% | 0.00% | 0.00% | 0.00% |
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. HCA - Financials Comparison
This section allows you to compare key financial metrics between Newmont Corporation and HCA Healthcare, 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 HCA have a correlation of 0.06, 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 HCA (8.97%). In terms of maximum drawdown, NEM dropped -81.30% vs HCA's -54.74%.
NEM currently has the higher Sharpe Ratio (1.73 vs 0.18), 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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