NG vs. RY

Last updated Apr 1, 2026

Compare and contrast key facts about NovaGold Resources Inc. (NG) and Royal Bank of Canada (RY).

Performance

NG vs. RY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NovaGold Resources Inc. (NG) and Royal Bank of Canada (RY). The values are adjusted to include any dividend payments, if applicable.

NG vs. RY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NG NovaGold Resources Inc.	-3.65%	179.88%	-10.96%	-37.46%	-12.83%	-29.06%	7.92%	126.84%	0.51%	-13.82%
RY Royal Bank of Canada	-4.43%	46.29%	23.80%	12.72%	-8.00%	34.11%	8.42%	20.17%	-12.88%	24.95%

Fundamentals

EPS NG : -$0.25 RY : $15.98
Total Revenue (TTM) NG : $0.00 RY : $137.63B
Gross Profit (TTM) NG : -$25.38K RY : $63.36B
EBITDA (TTM) NG : -$47.29M RY : $29.23B

Returns By Period

In the year-to-date period, NG achieves a -3.65% return, which is significantly higher than RY's -4.43% return. Over the past 10 years, NG has underperformed RY with an annualized return of 5.70%, while RY has yielded a comparatively higher 15.24% annualized return.

NG

• 1D: 11.83%
• 1M: -32.58%
• YTD: -3.65%
• 6M: 2.05%
• 1Y: 207.53%
• 3Y*: 13.02%
• 5Y*: -0.72%
• 10Y*: 5.70%

RY

• 1D: 2.49%
• 1M: -3.26%
• YTD: -4.43%
• 6M: 11.43%
• 1Y: 48.21%
• 3Y*: 23.86%
• 5Y*: 16.15%
• 10Y*: 15.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NG vs. RY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NG

NG Risk / Return Rank: 92
NG Sharpe Ratio Rank: 94
NG Sortino Ratio Rank: 91
NG Omega Ratio Rank: 91
NG Calmar Ratio Rank: 92
NG Martin Ratio Rank: 93

RY

RY Risk / Return Rank: 96
RY Sharpe Ratio Rank: 96
RY Sortino Ratio Rank: 97
RY Omega Ratio Rank: 96
RY Calmar Ratio Rank: 94
RY Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NG vs. RY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NovaGold Resources Inc. (NG) and Royal Bank of Canada (RY). 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.

	NG	RY	Difference
Sharpe ratio Return per unit of total volatility	2.41	2.91	-0.50
Sortino ratio Return per unit of downside risk	2.95	4.05	-1.10
Omega ratio Gain probability vs. loss probability	1.40	1.53	-0.13
Calmar ratio Return relative to maximum drawdown	4.49	4.88	-0.39
Martin ratio Return relative to average drawdown	12.82	18.67	-5.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NG vs. RY - Sharpe Ratio Comparison

The current NG Sharpe Ratio is 2.41, which is comparable to the RY Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of NG and RY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NG	RY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	2.91	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	0.91	-0.92
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	0.77	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.62	-0.57

Correlation

The correlation between NG and RY is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NG vs. RY - Dividend Comparison

NG has not paid dividends to shareholders, while RY's dividend yield for the trailing twelve months is around 2.78%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NG NovaGold Resources 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%
RY Royal Bank of Canada	2.78%	2.54%	3.39%	4.29%	4.07%	3.24%	3.88%	3.88%	4.27%	3.22%	3.95%	5.41%

Drawdowns

NG vs. RY - Drawdown Comparison

The maximum NG drawdown since its inception was -97.85%, which is greater than RY's maximum drawdown of -62.90%. Use the drawdown chart below to compare losses from any high point for NG and RY.

Drawdown Indicators

	NG	RY	Difference
Max Drawdown Largest peak-to-trough decline	-97.85%	-62.90%	-34.95%
Max Drawdown (1Y) Largest decline over 1 year	-45.56%	-10.04%	-35.52%
Max Drawdown (5Y) Largest decline over 5 years	-77.95%	-28.36%	-49.59%
Max Drawdown (10Y) Largest decline over 10 years	-81.22%	-39.95%	-41.27%
Current Drawdown Current decline from peak	-47.44%	-7.80%	-39.64%
Average Drawdown Average peak-to-trough decline	-58.11%	-9.37%	-48.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.94%	2.62%	+13.32%

Volatility

NG vs. RY - Volatility Comparison

NovaGold Resources Inc. (NG) has a higher volatility of 25.86% compared to Royal Bank of Canada (RY) at 5.19%. This indicates that NG's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NG	RY	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.86%	5.19%	+20.67%
Volatility (6M) Calculated over the trailing 6-month period	60.45%	10.79%	+49.66%
Volatility (1Y) Calculated over the trailing 1-year period	86.54%	16.65%	+69.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.51%	17.85%	+40.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.57%	19.81%	+35.76%

Financials