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NHYDY vs. REMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NHYDY vs. REMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Norsk Hydro ASA ADR (NHYDY) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). The values are adjusted to include any dividend payments, if applicable.

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NHYDY vs. REMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NHYDY
Norsk Hydro ASA ADR
37.71%47.30%-14.94%-4.18%5.95%76.35%34.91%-15.68%-38.01%65.31%
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF
19.76%92.95%-35.02%-19.18%-31.13%79.81%64.82%0.74%-49.63%82.60%

Returns By Period

In the year-to-date period, NHYDY achieves a 37.71% return, which is significantly higher than REMX's 19.76% return. Over the past 10 years, NHYDY has outperformed REMX with an annualized return of 15.97%, while REMX has yielded a comparatively lower 10.31% annualized return.


NHYDY

1D
-0.19%
1M
12.45%
YTD
37.71%
6M
52.86%
1Y
91.47%
3Y*
18.51%
5Y*
16.97%
10Y*
15.97%

REMX

1D
0.60%
1M
-14.22%
YTD
19.76%
6M
32.63%
1Y
128.04%
3Y*
4.25%
5Y*
5.33%
10Y*
10.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

NHYDY vs. REMX — Risk / Return Rank

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

NHYDY
NHYDY Risk / Return Rank: 9494
Overall Rank
NHYDY Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
NHYDY Sortino Ratio Rank: 9494
Sortino Ratio Rank
NHYDY Omega Ratio Rank: 9292
Omega Ratio Rank
NHYDY Calmar Ratio Rank: 9494
Calmar Ratio Rank
NHYDY Martin Ratio Rank: 9696
Martin Ratio Rank

REMX
REMX Risk / Return Rank: 9595
Overall Rank
REMX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
REMX Sortino Ratio Rank: 9595
Sortino Ratio Rank
REMX Omega Ratio Rank: 9090
Omega Ratio Rank
REMX Calmar Ratio Rank: 9898
Calmar Ratio Rank
REMX Martin Ratio Rank: 9595
Martin Ratio Rank
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.

NHYDY vs. REMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Norsk Hydro ASA ADR (NHYDY) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). 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.


NHYDYREMXDifference

Sharpe ratio

Return per unit of total volatility

2.80

2.67

+0.12

Sortino ratio

Return per unit of downside risk

3.45

3.10

+0.36

Omega ratio

Gain probability vs. loss probability

1.45

1.39

+0.06

Calmar ratio

Return relative to maximum drawdown

5.25

5.48

-0.24

Martin ratio

Return relative to average drawdown

20.15

16.18

+3.97

NHYDY vs. REMX - Sharpe Ratio Comparison

The current NHYDY Sharpe Ratio is 2.80, which is comparable to the REMX Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of NHYDY and REMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NHYDYREMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.80

2.67

+0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.43

0.13

+0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

0.28

+0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

-0.10

+0.52

Correlation

The correlation between NHYDY and REMX is 0.50, 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

NHYDY vs. REMX - Dividend Comparison

NHYDY's dividend yield for the trailing twelve months is around 1.93%, more than REMX's 1.47% yield.


TTM20252024202320222021202020192018201720162015
NHYDY
Norsk Hydro ASA ADR
1.93%2.65%4.30%8.10%9.59%1.86%5.44%3.92%4.96%1.91%2.60%0.00%
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF
1.47%1.76%2.56%0.00%1.56%5.25%0.81%1.64%12.43%2.89%2.23%4.77%

Drawdowns

NHYDY vs. REMX - Drawdown Comparison

The maximum NHYDY drawdown since its inception was -73.90%, smaller than the maximum REMX drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for NHYDY and REMX.


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Drawdown Indicators


NHYDYREMXDifference

Max Drawdown

Largest peak-to-trough decline

-73.90%

-90.20%

+16.30%

Max Drawdown (1Y)

Largest decline over 1 year

-16.25%

-23.35%

+7.10%

Max Drawdown (5Y)

Largest decline over 5 years

-46.67%

-73.34%

+26.67%

Max Drawdown (10Y)

Largest decline over 10 years

-73.90%

-73.34%

-0.56%

Current Drawdown

Current decline from peak

-0.19%

-59.46%

+59.27%

Average Drawdown

Average peak-to-trough decline

-25.67%

-67.01%

+41.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.52%

7.92%

-3.40%

Volatility

NHYDY vs. REMX - Volatility Comparison

Norsk Hydro ASA ADR (NHYDY) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) have volatilities of 14.95% and 15.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NHYDYREMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.95%

15.48%

-0.53%

Volatility (6M)

Calculated over the trailing 6-month period

24.67%

37.90%

-13.23%

Volatility (1Y)

Calculated over the trailing 1-year period

32.88%

48.17%

-15.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.26%

39.75%

-0.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.37%

36.60%

+2.77%