NEM vs. MPWR
NEM (Newmont Corporation) and MPWR (Monolithic Power Systems, Inc.) are both stocks. NEM operates in Gold (Basic Materials), while MPWR operates in Semiconductors (Technology). Over the past 10 years, NEM returned 13.46%/yr vs 37.72%/yr for MPWR. At a 0.14 correlation, their price movements are largely independent.
Performance
NEM vs. MPWR - Performance Comparison
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Returns By Period
In the year-to-date period, NEM achieves a -0.43% return, which is significantly lower than MPWR's 72.37% return. Over the past 10 years, NEM has underperformed MPWR with an annualized return of 13.46%, while MPWR has yielded a comparatively higher 37.72% annualized return.
NEM
- 1D
- -0.72%
- 1M
- -14.84%
- YTD
- -0.43%
- 6M
- 11.71%
- 1Y
- 91.07%
- 3Y*
- 36.63%
- 5Y*
- 10.33%
- 10Y*
- 13.46%
MPWR
- 1D
- 5.28%
- 1M
- -2.60%
- YTD
- 72.37%
- 6M
- 59.11%
- 1Y
- 128.65%
- 3Y*
- 47.03%
- 5Y*
- 36.56%
- 10Y*
- 37.72%
NEM vs. MPWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | -0.43% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
MPWR Monolithic Power Systems, Inc. | 72.37% | 54.45% | -5.55% | 79.78% | -27.78% | 35.49% | 107.49% | 54.80% | 4.49% | 38.23% |
Correlation
The correlation between NEM and MPWR is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2004 | 0.14 |
Fundamentals
NEM:
$6.34
MPWR:
$13.89
NEM:
15.62
MPWR:
112.24
NEM:
0.41
MPWR:
1.41
NEM:
4.77
MPWR:
25.63
NEM:
$17.23B
MPWR:
$2.96B
NEM:
$8.97B
MPWR:
$1.63B
NEM:
$13.78B
MPWR:
$861.78M
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Return for Risk
NEM vs. MPWR — Risk / Return Rank
NEM
MPWR
NEM vs. MPWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NEM) and Monolithic Power Systems, Inc. (MPWR). 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.
| NEM | MPWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.39 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 5.76 | -2.40 |
| Martin ratioReturn relative to average drawdown | 8.94 | 15.40 | -6.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEM | MPWR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 2.70 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.69 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.80 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.58 | -0.46 |
Drawdowns
NEM vs. MPWR - Drawdown Comparison
The maximum NEM drawdown since its inception was -81.30%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for NEM and MPWR.
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Drawdown Indicators
| NEM | MPWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -72.27% | -9.03% |
Max Drawdown (1Y)Largest decline over 1 year | -27.25% | -22.45% | -4.80% |
Max Drawdown (3Y)Largest decline over 3 years | -36.57% | -51.65% | +15.08% |
Max Drawdown (5Y)Largest decline over 5 years | -62.40% | -51.65% | -10.75% |
Max Drawdown (10Y)Largest decline over 10 years | -62.40% | -51.65% | -10.75% |
Current DrawdownCurrent decline from peak | -24.65% | -7.73% | -16.92% |
Average DrawdownAverage peak-to-trough decline | -41.38% | -17.72% | -23.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.22% | 8.38% | +1.84% |
Volatility
NEM vs. MPWR - Volatility Comparison
The current volatility for Newmont Corporation (NEM) is 14.19%, while Monolithic Power Systems, Inc. (MPWR) has a volatility of 19.38%. This indicates that NEM experiences smaller price fluctuations and is considered to be less risky than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEM | MPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.19% | 19.38% | -5.19% |
Volatility (6M)Calculated over the trailing 6-month period | 36.93% | 36.53% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.87% | 47.99% | -1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.83% | 53.40% | -15.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.59% | 47.17% | -11.58% |
Dividends
NEM vs. MPWR - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 1.03%, more than MPWR's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPWR Monolithic Power Systems, Inc. | 0.43% | 0.69% | 0.85% | 0.63% | 0.85% | 0.49% | 0.55% | 0.90% | 1.03% | 0.71% | 0.98% | 1.26% |
NEM Newmont Corporation | 1.03% | 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. MPWR - Financials Comparison
This section allows you to compare key financial metrics between Newmont Corporation and Monolithic Power Systems, 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 MPWR have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPWR has higher volatility (19.38%) compared to NEM (14.19%). In terms of maximum drawdown, NEM dropped -81.30% vs MPWR's -72.27%.
MPWR currently has the higher Sharpe Ratio (2.70 vs 1.96), 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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