NGD vs. NEM
Compare and contrast key facts about New Gold Inc. (NGD) and Newmont Goldcorp Corporation (NEM).
Performance
NGD vs. NEM - Performance Comparison
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NGD vs. NEM - 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% |
NEM Newmont Goldcorp Corporation | 8.63% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Fundamentals
NGD:
$0.31
NEM:
$7.91
NGD:
29.23
NEM:
13.69
NGD:
0.07
NEM:
0.36
NGD:
5.89
NEM:
5.15
NGD:
$1.23B
NEM:
$15.51B
NGD:
$508.36M
NEM:
$7.14B
NGD:
$589.77M
NEM:
$13.38B
Returns By Period
In the year-to-date period, NGD achieves a 4.25% return, which is significantly lower than NEM's 8.63% return. Over the past 10 years, NGD has underperformed NEM with an annualized return of 9.02%, while NEM has yielded a comparatively higher 17.90% annualized return.
NGD
- 1D
- 0.00%
- 1M
- -32.34%
- YTD
- 4.25%
- 6M
- 26.46%
- 1Y
- 144.74%
- 3Y*
- 114.42%
- 5Y*
- 38.53%
- 10Y*
- 9.02%
NEM
- 1D
- 4.97%
- 1M
- -16.56%
- YTD
- 8.63%
- 6M
- 29.03%
- 1Y
- 127.13%
- 3Y*
- 33.46%
- 5Y*
- 15.27%
- 10Y*
- 17.90%
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Return for Risk
NGD vs. NEM — Risk / Return Rank
NGD
NEM
NGD vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Newmont Goldcorp Corporation (NEM). 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.
| NGD | NEM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.74 | 2.78 | -0.04 |
Sortino ratioReturn per unit of downside risk | 2.86 | 2.89 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.42 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 5.21 | 4.70 | +0.51 |
Martin ratioReturn relative to average drawdown | 19.02 | 15.66 | +3.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NGD | NEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 2.78 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.42 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | 0.50 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.13 | -0.10 |
Correlation
The correlation between NGD and NEM is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NGD vs. NEM - Dividend Comparison
NGD has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 0.93%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NEM Newmont Goldcorp Corporation | 0.93% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Drawdowns
NGD vs. NEM - Drawdown Comparison
The maximum NGD drawdown since its inception was -96.73%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for NGD and NEM.
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Drawdown Indicators
| NGD | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.73% | -81.30% | -15.43% |
Max Drawdown (1Y)Largest decline over 1 year | -32.34% | -27.25% | -5.09% |
Max Drawdown (5Y)Largest decline over 5 years | -71.98% | -62.40% | -9.58% |
Max Drawdown (10Y)Largest decline over 10 years | -92.26% | -62.40% | -29.86% |
Current DrawdownCurrent decline from peak | -35.37% | -17.80% | -17.57% |
Average DrawdownAverage peak-to-trough decline | -62.74% | -41.50% | -21.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.87% | 8.18% | +0.69% |
Volatility
NGD vs. NEM - Volatility Comparison
New Gold Inc. (NGD) has a higher volatility of 20.12% compared to Newmont Goldcorp Corporation (NEM) at 15.18%. This indicates that NGD's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGD | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.12% | 15.18% | +4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 50.95% | 37.47% | +13.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.46% | 46.03% | +17.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.32% | 36.87% | +25.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.34% | 35.65% | +29.69% |
Financials
NGD vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between New Gold Inc. and Newmont Goldcorp Corporation. 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