NGD vs. KTOS

Last updated Jun 9, 2026

NGD (New Gold Inc.) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. NGD operates in Gold (Basic Materials), while KTOS operates in Aerospace & Defense (Industrials). At a 0.10 correlation, their price movements are largely independent.

Performance

NGD vs. KTOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Gold Inc. (NGD) and Kratos Defense & Security Solutions, Inc. (KTOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NGD

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

KTOS

• 1D: -1.35%
• 1M: -0.28%
• YTD: -23.95%
• 6M: -25.06%
• 1Y: 42.65%
• 3Y*: 59.41%
• 5Y*: 16.85%
• 10Y*: 30.73%

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

NGD vs. KTOS - 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%
KTOS Kratos Defense & Security Solutions, Inc.	-23.95%	187.76%	30.01%	96.61%	-46.80%	-29.27%	52.30%	27.82%	33.05%	43.11%

Correlation

The correlation between NGD and KTOS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since Nov 19, 2004	0.10

The correlation between NGD and KTOS shifts across timeframes, from 0.10 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS NGD : $1.61 KTOS : $0.17
PE Ratio NGD : 5.64 KTOS : 335.24
PEG Ratio NGD : 0.01 KTOS : 3.89
PS Ratio NGD : 3.30 KTOS : 6.96
Total Revenue (TTM) NGD : $1.46B KTOS : $1.42B
Gross Profit (TTM) NGD : $758.26M KTOS : $259.40M
EBITDA (TTM) NGD : $1.19B KTOS : $78.30M

Return for Risk

NGD vs. KTOS — Risk / Return Rank

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

KTOS

KTOS Risk / Return Rank: 60
KTOS Sharpe Ratio Rank: 62
KTOS Sortino Ratio Rank: 62
KTOS Omega Ratio Rank: 59
KTOS Calmar Ratio Rank: 58
KTOS Martin Ratio Rank: 57

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. KTOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Kratos Defense & Security Solutions, Inc. (KTOS). 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	KTOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.60	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.14	—

Drawdowns

Drawdown Indicators

	NGD	KTOS	Difference
Max Drawdown Largest peak-to-trough decline	—	-99.81%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-60.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-60.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-69.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.74%	—
Current Drawdown Current decline from peak	—	-96.34%	—
Average Drawdown Average peak-to-trough decline	—	-95.94%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.04%	—

Volatility

Volatility by Period

	NGD	KTOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	71.96%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	52.22%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	50.78%	—

Dividends

NGD vs. KTOS - Dividend Comparison

Neither NGD nor KTOS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NGD and KTOS in my portfolio?

NGD and KTOS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.