NEM vs. MTSI
NEM (Newmont Corporation) and MTSI (MACOM Technology Solutions Holdings, Inc.) are both stocks. NEM operates in Gold (Basic Materials), while MTSI operates in Semiconductors (Technology). Over the past 10 years, NEM returned 10.07%/yr vs 20.81%/yr for MTSI. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
NEM vs. MTSI - Performance Comparison
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Returns By Period
In the year-to-date period, NEM achieves a -5.74% return, which is significantly lower than MTSI's 46.80% return. Over the past 10 years, NEM has underperformed MTSI with an annualized return of 10.07%, while MTSI has yielded a comparatively higher 20.81% annualized return.
NEM
- 1D
- -2.14%
- 1M
- 0.44%
- 6M
- -16.23%
- YTD
- -5.74%
- 1Y
- 52.51%
- 3Y*
- 33.89%
- 5Y*
- 11.52%
- 10Y*
- 10.07%
- ALL TIME*
- 4.83%
MTSI
- 1D
- 1.10%
- 1M
- -28.29%
- 6M
- 14.78%
- YTD
- 46.80%
- 1Y
- 83.35%
- 3Y*
- 53.53%
- 5Y*
- 32.43%
- 10Y*
- 20.81%
- ALL TIME*
- 19.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $366.45M | $440.96M | $588.74M | |
| $671.95M | $683.19M | $803.32M |
NEM vs. MTSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | -5.74% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
MTSI MACOM Technology Solutions Holdings, Inc. | 46.80% | 31.85% | 39.76% | 47.59% | -19.57% | 42.26% | 106.92% | 83.32% | -55.41% | -29.69% |
Correlation
The correlation between NEM and MTSI is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2012 | 0.14 |
Over the past year, NEM and MTSI have become more correlated (0.35) than their long-term average of 0.14, meaning their price movements have been converging.
Fundamentals
NEM:
$98.74B
MTSI:
$19.18B
NEM:
$7.88
MTSI:
$2.33
NEM:
11.89
MTSI:
108.04
NEM:
0.31
MTSI:
0.16
NEM:
5.34
MTSI:
17.78
NEM:
2.82
MTSI:
13.68
NEM:
$19.13B
MTSI:
$1.07B
NEM:
$10.94B
MTSI:
$594.25M
NEM:
$14.81B
MTSI:
$245.21M
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Return for Risk
NEM vs. MTSI — Risk / Return Rank
NEM
MTSI
NEM vs. MTSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NEM) and MACOM Technology Solutions Holdings, Inc. (MTSI). 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 | MTSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.26 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.90 | -0.25 |
| Martin ratioReturn relative to average drawdown | 3.61 | 7.18 | -3.57 |
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Drawdowns
NEM vs. MTSI - Drawdown Comparison
The maximum NEM drawdown since its inception was -81.30%, roughly equal to the maximum MTSI drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for NEM and MTSI.
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Drawdown Indicators
| NEM | MTSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -80.78% | -0.52% |
Max Drawdown (1Y)Largest decline over 1 year | -32.10% | -44.17% | +12.07% |
Max Drawdown (3Y)Largest decline over 3 years | -36.57% | -44.17% | +7.60% |
Max Drawdown (5Y)Largest decline over 5 years | -62.40% | -44.86% | -17.54% |
Max Drawdown (10Y)Largest decline over 10 years | -62.40% | -80.78% | +18.38% |
Current DrawdownCurrent decline from peak | -28.67% | -38.63% | +9.96% |
Average DrawdownAverage peak-to-trough decline | -41.33% | -26.17% | -15.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.57% | 11.64% | +2.93% |
Volatility
NEM vs. MTSI - Volatility Comparison
The current volatility for Newmont Corporation (NEM) is 11.58%, while MACOM Technology Solutions Holdings, Inc. (MTSI) has a volatility of 20.87%. This indicates that NEM experiences smaller price fluctuations and is considered to be less risky than MTSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEM | MTSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.58% | 20.87% | -9.29% |
Volatility (6M)Calculated over the trailing 6-month period | 37.40% | 45.21% | -7.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.45% | 56.70% | -9.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.35% | 45.02% | -6.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.74% | 52.80% | -17.06% |
Dividends
NEM vs. MTSI - Dividend Comparison
NEM's dividend yield for the trailing twelve months is around 1.09%, while MTSI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTSI MACOM Technology Solutions Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Corporation | 1.09% | 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. MTSI - Financials Comparison
This section allows you to compare key financial metrics between Newmont Corporation and MACOM Technology Solutions Holdings, 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 MTSI have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTSI has higher volatility (20.87%) compared to NEM (11.58%). In terms of maximum drawdown, NEM dropped -81.30% vs MTSI's -80.78%.
MTSI currently has the higher Sharpe Ratio (1.48 vs 1.11), 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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