NMM.DE vs. SPY
Compare and contrast key facts about Newmont Corporation (NMM.DE) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMM.DE or SPY.
Correlation
The correlation between NMM.DE and SPY is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NMM.DE vs. SPY - Performance Comparison
Key characteristics
NMM.DE:
1.59
SPY:
1.87
NMM.DE:
2.18
SPY:
2.52
NMM.DE:
1.30
SPY:
1.35
NMM.DE:
0.86
SPY:
2.81
NMM.DE:
3.76
SPY:
11.69
NMM.DE:
14.22%
SPY:
2.02%
NMM.DE:
33.46%
SPY:
12.65%
NMM.DE:
-70.59%
SPY:
-55.19%
NMM.DE:
-35.28%
SPY:
0.00%
Returns By Period
In the year-to-date period, NMM.DE achieves a 24.62% return, which is significantly higher than SPY's 4.58% return. Over the past 10 years, NMM.DE has underperformed SPY with an annualized return of 9.30%, while SPY has yielded a comparatively higher 13.23% annualized return.
NMM.DE
24.62%
12.89%
-0.48%
52.02%
3.63%
9.30%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
NMM.DE vs. SPY — Risk-Adjusted Performance Rank
NMM.DE
SPY
NMM.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NMM.DE) and SPDR S&P 500 ETF (SPY). 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.
Dividends
NMM.DE vs. SPY - Dividend Comparison
NMM.DE's dividend yield for the trailing twelve months is around 1.94%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMM.DE Newmont Corporation | 1.94% | 2.42% | 3.78% | 4.50% | 3.33% | 1.75% | 0.32% | 0.36% | 0.47% | 0.33% | 0.52% | 1.04% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NMM.DE vs. SPY - Drawdown Comparison
The maximum NMM.DE drawdown since its inception was -70.59%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NMM.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
NMM.DE vs. SPY - Volatility Comparison
Newmont Corporation (NMM.DE) has a higher volatility of 7.81% compared to SPDR S&P 500 ETF (SPY) at 2.89%. This indicates that NMM.DE's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.