SBSW vs. NEM
SBSW (Sibanye Stillwater Limited) and NEM (Newmont Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, SBSW returned -4.64%/yr vs 10.07%/yr for NEM. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
SBSW vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, SBSW achieves a -36.16% return, which is significantly lower than NEM's -5.74% return. Over the past 10 years, SBSW has underperformed NEM with an annualized return of -4.64%, while NEM has yielded a comparatively higher 10.07% annualized return.
SBSW
- 1D
- -2.75%
- 1M
- -1.34%
- 6M
- -46.11%
- YTD
- -36.16%
- 1Y
- 9.86%
- 3Y*
- 9.31%
- 5Y*
- -9.11%
- 10Y*
- -4.64%
- ALL TIME*
- 6.09%
NEM
- 1D
- -2.14%
- 1M
- -3.43%
- 6M
- -16.23%
- YTD
- -5.74%
- 1Y
- 51.31%
- 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 | |
| $39.81M | $42.24M | $52.04M |
SBSW vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBSW Sibanye Stillwater Limited | -36.16% | 331.82% | -39.23% | -46.54% | -9.57% | -12.44% | 61.55% | 250.88% | -41.72% | -26.00% |
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 SBSW and NEM is 0.78, 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. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.60 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2013 | 0.57 |
Over the past year, SBSW and NEM have become more correlated (0.78) than their long-term average of 0.57, meaning their price movements have been converging.
Fundamentals
SBSW:
$6.26B
NEM:
$98.74B
SBSW:
-ZAR 17.51
NEM:
$7.88
SBSW:
0.43
NEM:
5.34
SBSW:
2.62
NEM:
2.82
SBSW:
ZAR 238.26B
NEM:
$19.13B
SBSW:
ZAR 50.42B
NEM:
$10.94B
SBSW:
ZAR 23.43B
NEM:
$14.81B
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Return for Risk
SBSW vs. NEM — Risk / Return Rank
SBSW
NEM
SBSW vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sibanye Stillwater Limited (SBSW) 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.
| SBSW | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.21 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 1.64 | -1.50 |
| Martin ratioReturn relative to average drawdown | 0.28 | 3.61 | -3.33 |
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Drawdowns
SBSW vs. NEM - Drawdown Comparison
The maximum SBSW drawdown since its inception was -89.24%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for SBSW and NEM.
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Drawdown Indicators
| SBSW | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.24% | -81.30% | -7.94% |
Max Drawdown (1Y)Largest decline over 1 year | -61.02% | -32.10% | -28.92% |
Max Drawdown (3Y)Largest decline over 3 years | -61.02% | -36.57% | -24.45% |
Max Drawdown (5Y)Largest decline over 5 years | -82.53% | -62.40% | -20.13% |
Max Drawdown (10Y)Largest decline over 10 years | -89.24% | -62.40% | -26.84% |
Current DrawdownCurrent decline from peak | -56.93% | -28.67% | -28.26% |
Average DrawdownAverage peak-to-trough decline | -48.30% | -41.33% | -6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.16% | 14.57% | +16.59% |
Volatility
SBSW vs. NEM - Volatility Comparison
Sibanye Stillwater Limited (SBSW) has a higher volatility of 15.70% compared to Newmont Corporation (NEM) at 11.58%. This indicates that SBSW's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBSW | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.70% | 11.58% | +4.12% |
Volatility (6M)Calculated over the trailing 6-month period | 50.74% | 37.40% | +13.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.12% | 47.45% | +20.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.18% | 38.35% | +21.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.13% | 35.74% | +28.39% |
Dividends
SBSW vs. NEM - Dividend Comparison
SBSW's dividend yield for the trailing twelve months is around 3.71%, 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% |
SBSW Sibanye Stillwater Limited | 3.71% | 0.00% | 0.00% | 6.98% | 7.68% | 13.34% | 0.75% | 0.00% | 0.00% | 2.68% | 5.12% | 3.05% |
Financials
SBSW vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Sibanye Stillwater Limited 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
SBSW and NEM have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBSW has higher volatility (15.70%) compared to NEM (11.58%). In terms of maximum drawdown, SBSW dropped -89.24% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.11 vs 0.13), 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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