NOG vs. COMT
NOG (Northern Oil and Gas, Inc.) is a stock, while COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) is Commodities fund tracking the S&P GSCI Dynamic Roll (USD) Total Return Index. Over the past 10 years, NOG returned -2.51%/yr vs 9.00%/yr for COMT. Their 0.55 correlation means they have sometimes moved together and sometimes differently.
Performance
NOG vs. COMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NOG achieves a 2.37% return, which is significantly lower than COMT's 31.11% return. Over the past 10 years, NOG has underperformed COMT with an annualized return of -2.51%, while COMT has yielded a comparatively higher 9.00% annualized return.
NOG
- 1D
- 1.49%
- 1M
- 20.44%
- 6M
- -12.08%
- YTD
- 2.37%
- 1Y
- -18.99%
- 3Y*
- -13.95%
- 5Y*
- 9.05%
- 10Y*
- -2.51%
- ALL TIME*
- -2.08%
COMT
- 1D
- -0.06%
- 1M
- 8.35%
- 6M
- 19.02%
- YTD
- 31.11%
- 1Y
- 31.84%
- 3Y*
- 10.95%
- 5Y*
- 11.49%
- 10Y*
- 9.00%
- ALL TIME*
- 3.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.08M | $10.46M | $14.41M | |
| $54.84M | $61.54M | $65.18M |
NOG vs. COMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 2.37% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 31.11% | 6.07% | 5.96% | -6.56% | 19.45% | 36.88% | -18.66% | 10.81% | -6.67% | 11.70% |
Correlation
The correlation between NOG and COMT is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2014 | 0.55 |
The correlation between NOG and COMT has been stable across timeframes, ranging from 0.53 to 0.61 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NOG vs. COMT — Risk / Return Rank
NOG
COMT
NOG vs. COMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT). 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.
| NOG | COMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.89 | ||
| Sortino ratioReturn per unit of downside risk | -2.36 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.26 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 1.82 | -2.28 |
| Martin ratioReturn relative to average drawdown | -1.03 | 5.69 | -6.72 |
Loading charts...
Drawdowns
NOG vs. COMT - Drawdown Comparison
The maximum NOG drawdown since its inception was -98.96%, which is greater than COMT's maximum drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for NOG and COMT.
Loading charts...
Drawdown Indicators
| NOG | COMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.96% | -51.89% | -47.07% |
Max Drawdown (1Y)Largest decline over 1 year | -41.43% | -17.57% | -23.86% |
Max Drawdown (3Y)Largest decline over 3 years | -55.08% | -17.57% | -37.51% |
Max Drawdown (5Y)Largest decline over 5 years | -55.08% | -29.00% | -26.08% |
Max Drawdown (10Y)Largest decline over 10 years | -92.15% | -39.22% | -52.93% |
Current DrawdownCurrent decline from peak | -91.84% | -10.65% | -81.19% |
Average DrawdownAverage peak-to-trough decline | -69.89% | -23.90% | -45.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.41% | 5.63% | +13.78% |
Volatility
NOG vs. COMT - Volatility Comparison
Northern Oil and Gas, Inc. (NOG) has a higher volatility of 16.52% compared to iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) at 5.08%. This indicates that NOG's price experiences larger fluctuations and is considered to be riskier than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NOG | COMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.52% | 5.08% | +11.44% |
Volatility (6M)Calculated over the trailing 6-month period | 33.58% | 19.62% | +13.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.31% | 21.67% | +24.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.16% | 21.10% | +28.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.52% | 18.86% | +51.66% |
Dividends
NOG vs. COMT - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 8.51%, more than COMT's 5.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 5.90% | 7.74% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% |
NOG Northern Oil and Gas, Inc. | 8.51% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NOG and COMT have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (16.52%) compared to COMT (5.08%). In terms of maximum drawdown, NOG dropped -98.96% vs COMT's -51.89%.
COMT currently has the higher Sharpe Ratio (1.48 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NOG and COMT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer