NG vs. ^TNX

In the year-to-date period, NG achieves a 13.51% return, which is significantly higher than ^TNX's -4.37% return. Over the past 10 years, NG has underperformed ^TNX with an annualized return of -0.54%, while ^TNX has yielded a comparatively higher 6.85% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for NovaGold Resources Inc. (NG) and Treasury Yield 10 Years (^TNX). 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.

The current NG Sharpe Ratio is 0.41, which is higher than the ^TNX Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of NG and ^TNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum NG drawdown since its inception was -97.85%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for NG and ^TNX. For additional features, visit the drawdowns tool.