NGEX.TO vs. IMO
NGEX.TO (NGEx Minerals Ltd) and IMO (Imperial Oil Limited) are both stocks. NGEX.TO operates in Other Industrial Metals & Mining (Basic Materials), while IMO operates in Oil & Gas Integrated (Energy). Over the past 5 years, NGEX.TO returned 106.42%/yr vs 36.26%/yr for IMO. At a 0.15 correlation, their price movements are largely independent.
Performance
NGEX.TO vs. IMO - Performance Comparison
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Different Trading Currencies
NGEX.TO is traded in CAD, while IMO is traded in USD. To make them comparable, the IMO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NGEX.TO achieves a 3.95% return, which is significantly lower than IMO's 45.02% return.
NGEX.TO
- 1D
- 6.87%
- 1M
- -10.46%
- YTD
- 3.95%
- 6M
- 6.06%
- 1Y
- 75.53%
- 3Y*
- 58.44%
- 5Y*
- 106.42%
- 10Y*
- —
IMO
- 1D
- 0.55%
- 1M
- -5.47%
- YTD
- 45.02%
- 6M
- 35.39%
- 1Y
- 60.64%
- 3Y*
- 39.83%
- 5Y*
- 36.26%
- 10Y*
- 18.63%
NGEX.TO vs. IMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NGEX.TO NGEx Minerals Ltd | 3.95% | 90.90% | 87.29% | 132.47% | 66.49% | 255.77% | 35.06% | -41.67% |
IMO Imperial Oil Limited | 45.02% | 37.28% | 19.82% | 18.01% | 46.75% | 95.19% | -27.14% | 6.32% |
Correlation
The correlation between NGEX.TO and IMO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2019 | 0.15 |
Fundamentals
NGEX.TO:
CA$5.77B
IMO:
$58.80B
NGEX.TO:
-CA$0.63
IMO:
$5.87
NGEX.TO:
9.07
IMO:
2.58
NGEX.TO:
CA$0.00
IMO:
$46.55B
NGEX.TO:
-CA$36.44K
IMO:
$7.69B
NGEX.TO:
-CA$134.74M
IMO:
$6.36B
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Return for Risk
NGEX.TO vs. IMO — Risk / Return Rank
NGEX.TO
IMO
NGEX.TO vs. IMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NGEx Minerals Ltd (NGEX.TO) and Imperial Oil Limited (IMO). 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.
| NGEX.TO | IMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.34 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 3.37 | -0.89 |
| Martin ratioReturn relative to average drawdown | 6.16 | 10.28 | -4.12 |
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Drawdowns
NGEX.TO vs. IMO - Drawdown Comparison
The maximum NGEX.TO drawdown since its inception was -66.75%, smaller than the maximum IMO drawdown of -78.43%. Use the drawdown chart below to compare losses from any high point for NGEX.TO and IMO.
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Drawdown Indicators
| NGEX.TO | IMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.75% | -78.43% | +11.68% |
Max Drawdown (1Y)Largest decline over 1 year | -30.62% | -18.09% | -12.53% |
Max Drawdown (3Y)Largest decline over 3 years | -30.62% | -20.42% | -10.20% |
Max Drawdown (5Y)Largest decline over 5 years | -66.75% | -27.07% | -39.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.04% | — |
Current DrawdownCurrent decline from peak | -16.43% | -10.44% | -5.99% |
Average DrawdownAverage peak-to-trough decline | -18.77% | -19.29% | +0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.31% | 5.92% | +6.39% |
Volatility
NGEX.TO vs. IMO - Volatility Comparison
NGEx Minerals Ltd (NGEX.TO) has a higher volatility of 26.53% compared to Imperial Oil Limited (IMO) at 10.30%. This indicates that NGEX.TO's price experiences larger fluctuations and is considered to be riskier than IMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGEX.TO | IMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.53% | 10.30% | +16.23% |
Volatility (6M)Calculated over the trailing 6-month period | 45.97% | 22.88% | +23.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.36% | 27.75% | +30.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.92% | 33.34% | +29.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.85% | 36.08% | +35.77% |
Dividends
NGEX.TO vs. IMO - Dividend Comparison
NGEX.TO has not paid dividends to shareholders, while IMO's dividend yield for the trailing twelve months is around 1.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMO Imperial Oil Limited | 1.90% | 2.40% | 2.84% | 2.73% | 2.30% | 2.28% | 3.50% | 2.41% | 2.36% | 2.02% | 1.70% | 1.66% |
NGEX.TO NGEx Minerals Ltd | 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
NGEX.TO vs. IMO - Financials Comparison
This section allows you to compare key financial metrics between NGEx Minerals Ltd and Imperial Oil 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
NGEX.TO and IMO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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