PIPR vs. NEM
PIPR (Piper Sandler Companies) and NEM (Newmont Corporation) are both stocks. PIPR operates in Capital Markets (Financial Services), while NEM operates in Gold (Basic Materials). Over the past 10 years, PIPR returned 25.74%/yr vs 10.07%/yr for NEM. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
PIPR vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, PIPR achieves a -8.81% return, which is significantly lower than NEM's -5.74% return. Over the past 10 years, PIPR has outperformed NEM with an annualized return of 25.74%, while NEM has yielded a comparatively lower 10.07% annualized return.
PIPR
- 1D
- -0.50%
- 1M
- 5.07%
- 6M
- -10.56%
- YTD
- -8.81%
- 1Y
- -1.35%
- 3Y*
- 29.13%
- 5Y*
- 23.58%
- 10Y*
- 25.74%
- ALL TIME*
- 10.57%
NEM
- 1D
- -2.14%
- 1M
- 0.44%
- 6M
- -16.23%
- YTD
- -5.74%
- 1Y
- 52.51%
- 3Y*
- 33.89%
- 5Y*
- 11.52%
- 10Y*
- 10.07%
- ALL TIME*
- 4.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $671.95M | $683.19M | $803.32M | |
| $44.97M | $47.30M | $48.12M |
PIPR vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIPR Piper Sandler Companies | -8.81% | 15.52% | 74.24% | 37.78% | -23.41% | 85.33% | 29.64% | 23.88% | -20.69% | 21.22% |
NEM Newmont Corporation | -5.74% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between PIPR and NEM is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2004 | 0.14 |
The correlation between PIPR and NEM shifts across timeframes, from 0.10 (10 years) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PIPR:
$5.12B
NEM:
$98.74B
PIPR:
$3.95
NEM:
$7.88
PIPR:
19.17
NEM:
11.89
PIPR:
1.27
NEM:
0.31
PIPR:
2.70
NEM:
5.34
PIPR:
4.02
NEM:
2.82
PIPR:
$2.00B
NEM:
$19.13B
PIPR:
$1.95B
NEM:
$10.94B
PIPR:
$455.82M
NEM:
$14.81B
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Return for Risk
PIPR vs. NEM — Risk / Return Rank
PIPR
NEM
PIPR vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Piper Sandler Companies (PIPR) and Newmont 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.
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.
| PIPR | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.21 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 1.64 | -1.70 |
| Martin ratioReturn relative to average drawdown | -0.11 | 3.61 | -3.72 |
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Drawdowns
PIPR vs. NEM - Drawdown Comparison
The maximum PIPR drawdown since its inception was -76.97%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for PIPR and NEM.
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Drawdown Indicators
| PIPR | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.97% | -81.30% | +4.33% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -32.10% | +7.54% |
Max Drawdown (3Y)Largest decline over 3 years | -38.78% | -36.57% | -2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -42.30% | -62.40% | +20.10% |
Max Drawdown (10Y)Largest decline over 10 years | -63.02% | -62.40% | -0.62% |
Current DrawdownCurrent decline from peak | -18.06% | -28.67% | +10.61% |
Average DrawdownAverage peak-to-trough decline | -30.53% | -41.33% | +10.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.26% | 14.57% | -2.31% |
Volatility
PIPR vs. NEM - Volatility Comparison
Piper Sandler Companies (PIPR) and Newmont Corporation (NEM) have volatilities of 12.04% and 11.58%, 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
| PIPR | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.04% | 11.58% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 28.10% | 37.40% | -9.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.36% | 47.45% | -12.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.45% | 38.35% | -2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.57% | 35.74% | +0.83% |
Dividends
PIPR vs. NEM - Dividend Comparison
PIPR's dividend yield for the trailing twelve months is around 2.61%, more than NEM's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | 1.09% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
PIPR Piper Sandler Companies | 2.61% | 1.68% | 1.17% | 2.09% | 5.30% | 3.81% | 1.98% | 1.88% | 4.74% | 1.45% | 0.00% | 0.00% |
Financials
PIPR vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Piper Sandler Companies and Newmont 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
Frequently Asked Questions
PIPR and NEM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIPR has higher volatility (12.04%) compared to NEM (11.58%). In terms of maximum drawdown, PIPR dropped -76.97% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.11 vs -0.04), 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.
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