NGD vs. EXK

Last updated Jun 9, 2026

NGD (New Gold Inc.) and EXK (Endeavour Silver Corp.) are both stocks. Both are in the Basic Materials sector — NGD in Gold, EXK in Other Precious Metals & Mining. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

NGD vs. EXK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Gold Inc. (NGD) and Endeavour Silver Corp. (EXK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NGD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EXK

• 1D: 0.50%
• 1M: -19.84%
• YTD: -14.47%
• 6M: -5.19%
• 1Y: 79.06%
• 3Y*: 36.81%
• 5Y*: 2.46%
• 10Y*: 8.31%

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

NGD vs. EXK - 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%
EXK Endeavour Silver Corp.	-14.47%	156.83%	85.79%	-39.20%	-23.22%	-16.27%	109.13%	12.09%	-10.04%	-32.10%

Correlation

The correlation between NGD and EXK is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Apr 27, 2006	0.61

The correlation between NGD and EXK has been stable across timeframes, ranging from 0.61 to 0.65 - a consistent structural relationship.

Fundamentals

EPS NGD : $1.61 EXK : -$0.07
PS Ratio NGD : 3.30 EXK : 3.95
Total Revenue (TTM) NGD : $1.46B EXK : $608.35M
Gross Profit (TTM) NGD : $758.26M EXK : $142.61M
EBITDA (TTM) NGD : $1.19B EXK : $88.85M

Return for Risk

NGD vs. EXK — Risk / Return Rank

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

EXK

EXK Risk / Return Rank: 72
EXK Sharpe Ratio Rank: 73
EXK Sortino Ratio Rank: 71
EXK Omega Ratio Rank: 70
EXK Calmar Ratio Rank: 74
EXK Martin Ratio Rank: 73

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.

NGD vs. EXK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Endeavour Silver Corp. (EXK). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NGD	EXK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.04	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.05	—

Drawdowns

Drawdown Indicators

	NGD	EXK	Difference
Max Drawdown Largest peak-to-trough decline	—	-92.11%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-43.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-62.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-80.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-81.13%	—
Current Drawdown Current decline from peak	—	-43.06%	—
Average Drawdown Average peak-to-trough decline	—	-58.20%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.18%	—

Volatility

Volatility by Period

	NGD	EXK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	25.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	76.43%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	68.45%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	69.25%	—

Dividends

NGD vs. EXK - Dividend Comparison

Neither NGD nor EXK has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NGD and EXK in my portfolio?

NGD and EXK have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.