RIOT vs. NAK
RIOT (Riot Platforms, Inc.) and NAK (Northern Dynasty Minerals Ltd.) are both stocks. RIOT operates in Software - Application (Technology), while NAK operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, RIOT returned 23.47%/yr vs 19.65%/yr for NAK. At a 0.14 correlation, their price movements are largely independent.
Performance
RIOT vs. NAK - Performance Comparison
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Returns By Period
Over the past 10 years, RIOT has outperformed NAK with an annualized return of 23.47%, while NAK has yielded a comparatively lower 19.65% annualized return.
RIOT
- 1D
- 4.18%
- 1M
- 6.69%
- YTD
- 102.76%
- 6M
- 71.72%
- 1Y
- 160.81%
- 3Y*
- 35.48%
- 5Y*
- -3.94%
- 10Y*
- 23.47%
NAK
- 1D
- 3.14%
- 1M
- -8.37%
- YTD
- 0.00%
- 6M
- -1.99%
- 1Y
- 52.71%
- 3Y*
- 110.40%
- 5Y*
- 28.06%
- 10Y*
- 19.65%
RIOT vs. NAK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RIOT Riot Platforms, Inc. | 102.76% | 24.09% | -34.00% | 356.34% | -84.82% | 31.43% | 1,416.96% | -25.83% | -94.68% | 729.34% |
NAK Northern Dynasty Minerals Ltd. | -0.00% | 238.78% | 79.86% | 46.42% | -32.31% | 1.30% | -25.12% | -24.46% | -67.84% | -14.49% |
Correlation
The correlation between RIOT and NAK is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2003 | 0.14 |
The correlation between RIOT and NAK shifts across timeframes, from 0.14 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
RIOT:
$8.93B
NAK:
$1.08B
RIOT:
-$2.35
NAK:
-$0.19
RIOT:
3.73
NAK:
61.12
RIOT:
$653.27M
NAK:
$0.00
RIOT:
$179.76M
NAK:
-$85.85K
RIOT:
-$482.33M
NAK:
-$99.80M
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Return for Risk
RIOT vs. NAK — Risk / Return Rank
RIOT
NAK
RIOT vs. NAK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Riot Platforms, Inc. (RIOT) and Northern Dynasty Minerals Ltd. (NAK). 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.
| RIOT | NAK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 0.78 | +2.55 |
| Martin ratioReturn relative to average drawdown | 6.59 | 1.34 | +5.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RIOT | NAK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 0.46 | +1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.34 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.20 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.01 | -0.12 |
Drawdowns
RIOT vs. NAK - Drawdown Comparison
The maximum RIOT drawdown since its inception was -99.98%, roughly equal to the maximum NAK drawdown of -99.01%. Use the drawdown chart below to compare losses from any high point for RIOT and NAK.
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Drawdown Indicators
| RIOT | NAK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -99.01% | -0.97% |
Max Drawdown (1Y)Largest decline over 1 year | -48.57% | -67.68% | +19.11% |
Max Drawdown (3Y)Largest decline over 3 years | -69.00% | -67.68% | -1.32% |
Max Drawdown (5Y)Largest decline over 5 years | -92.55% | -67.68% | -24.87% |
Max Drawdown (10Y)Largest decline over 10 years | -98.32% | -93.79% | -4.53% |
Current DrawdownCurrent decline from peak | -99.20% | -90.65% | -8.55% |
Average DrawdownAverage peak-to-trough decline | -87.84% | -73.92% | -13.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.50% | 39.43% | -14.93% |
Volatility
RIOT vs. NAK - Volatility Comparison
The current volatility for Riot Platforms, Inc. (RIOT) is 18.52%, while Northern Dynasty Minerals Ltd. (NAK) has a volatility of 25.23%. This indicates that RIOT experiences smaller price fluctuations and is considered to be less risky than NAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIOT | NAK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.52% | 25.23% | -6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 61.65% | 77.05% | -15.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 83.90% | 115.40% | -31.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.91% | 83.77% | +10.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.17% | 97.95% | +14.22% |
Dividends
RIOT vs. NAK - Dividend Comparison
Neither RIOT nor NAK has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
NAK Northern Dynasty Minerals Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RIOT Riot Platforms, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.52% |
Financials
RIOT vs. NAK - Financials Comparison
This section allows you to compare key financial metrics between Riot Platforms, Inc. and Northern Dynasty Minerals Ltd.. 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
RIOT and NAK have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NAK has higher volatility (25.23%) compared to RIOT (18.52%). In terms of maximum drawdown, RIOT dropped -99.98% vs NAK's -99.01%.
RIOT currently has the higher Sharpe Ratio (1.93 vs 0.46), 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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