NGD vs. DRD
NGD (New Gold Inc.) and DRD (DRDGOLD Limited) are both stocks. Both operate in the Gold industry within the Basic Materials sector. At a 0.47 correlation, their price movements are largely independent.
Performance
NGD vs. DRD - Performance Comparison
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Returns By Period
NGD
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRD
- 1D
- 2.27%
- 1M
- -20.60%
- YTD
- -23.58%
- 6M
- -24.53%
- 1Y
- 67.15%
- 3Y*
- 29.82%
- 5Y*
- 17.87%
- 10Y*
- 20.74%
NGD vs. DRD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGD New Gold Inc. | 4.25% | 251.21% | 69.86% | 48.98% | -34.67% | -31.51% | 148.86% | 16.28% | -77.00% | -6.00% |
DRD DRDGOLD Limited | -23.58% | 267.16% | 11.55% | 13.26% | -7.63% | -23.16% | 141.46% | 153.56% | -35.27% | -37.77% |
Correlation
The correlation between NGD and DRD is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2004 | 0.47 |
The correlation between NGD and DRD shifts across timeframes, from 0.47 (all time) to 0.62 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NGD:
$1.61
DRD:
ZAR 100.99
NGD:
5.64
DRD:
0.23
NGD:
0.01
DRD:
0.01
NGD:
3.30
DRD:
0.07
NGD:
$1.46B
DRD:
ZAR 15.96B
NGD:
$758.26M
DRD:
ZAR 6.44B
NGD:
$1.19B
DRD:
ZAR 7.17B
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Return for Risk
NGD vs. DRD — Risk / Return Rank
NGD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DRD
NGD vs. DRD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and DRDGOLD Limited (DRD). 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.
| NGD | DRD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.55 | — |
| Martin ratioReturn relative to average drawdown | — | 4.06 | — |
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Drawdowns
NGD vs. DRD - Drawdown Comparison
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Drawdown Indicators
| NGD | DRD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -98.44% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -43.51% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.13% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.22% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.31% | — |
Current DrawdownCurrent decline from peak | — | -48.48% | — |
Average DrawdownAverage peak-to-trough decline | — | -81.86% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 16.59% | — |
Volatility
NGD vs. DRD - Volatility Comparison
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Volatility by Period
| NGD | DRD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 17.37% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 43.75% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 58.02% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 51.50% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 58.03% | — |
Dividends
NGD vs. DRD - Dividend Comparison
NGD has not paid dividends to shareholders, while DRD's dividend yield for the trailing twelve months is around 2.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRD DRDGOLD Limited | 2.30% | 1.26% | 2.53% | 5.74% | 5.00% | 6.54% | 4.47% | 2.65% | 2.05% | 1.12% | 6.15% | 3.73% |
NGD New Gold 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% |
Financials
NGD vs. DRD - Financials Comparison
This section allows you to compare key financial metrics between New Gold Inc. and DRDGOLD Limited. 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
NGD and DRD have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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