STRL vs. NEM

Last updated Aug 1, 2026

STRL (Sterling Infrastructure, Inc.) and NEM (Newmont Corporation) are both stocks. STRL operates in Engineering & Construction (Industrials), while NEM operates in Gold (Basic Materials). Over the past 10 years, STRL returned 58.67%/yr vs 10.07%/yr for NEM. Their 0.09 correlation means their historical movements had little consistent relationship.

Performance

STRL vs. NEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Infrastructure, Inc. (STRL) and Newmont Corporation (NEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STRL achieves a 94.88% return, which is significantly higher than NEM's -5.74% return. Over the past 10 years, STRL has outperformed NEM with an annualized return of 58.67%, while NEM has yielded a comparatively lower 10.07% annualized return.

STRL

• 1D: 2.76%
• 1M: -23.15%
• 6M: 66.74%
• YTD: 94.88%
• 1Y: 123.02%
• 3Y*: 111.61%
• 5Y*: 93.57%
• 10Y*: 58.67%
• ALL TIME*: 19.99%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NEM Newmont Corporation	$671.95M	$683.19M	$803.32M
STRL Sterling Infrastructure, Inc.	$512.00M	$493.44M	$636.07M

STRL vs. NEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STRL Sterling Infrastructure, Inc.	94.88%	81.79%	91.57%	168.08%	24.71%	41.32%	32.17%	29.29%	-33.11%	92.43%
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 STRL and NEM is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.26
Correlation (5Y) Shows whether the relationship held over a longer period.	0.20
Correlation (10Y) Provides a long-term view across more market conditions.	0.10
Correlation (All Time) Calculated using the full available price history since Aug 18, 1995	0.09

Over the past year, STRL and NEM have become more correlated (0.40) than their long-term average of 0.09, meaning their price movements have been converging.

Fundamentals

Market Cap STRL : $18.31B NEM : $98.74B
EPS STRL : $11.16 NEM : $7.88
PE Ratio STRL : 53.46 NEM : 11.89
PEG Ratio STRL : 1.14 NEM : 0.31
PS Ratio STRL : 6.42 NEM : 5.34
PB Ratio STRL : 15.57 NEM : 2.82
Total Revenue (TTM) STRL : $2.88B NEM : $19.13B
Gross Profit (TTM) STRL : $664.66M NEM : $10.94B
EBITDA (TTM) STRL : $429.99M NEM : $14.81B

Return for Risk

STRL vs. NEM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STRL

STRL Risk / Return Rank: 84
STRL Sharpe Ratio Rank: 84
STRL Sortino Ratio Rank: 85
STRL Omega Ratio Rank: 84
STRL Calmar Ratio Rank: 83
STRL Martin Ratio Rank: 87

NEM

NEM Risk / Return Rank: 74
NEM Sharpe Ratio Rank: 78
NEM Sortino Ratio Rank: 72
NEM Omega Ratio Rank: 73
NEM Calmar Ratio Rank: 75
NEM Martin Ratio Rank: 74

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STRL vs. NEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Infrastructure, Inc. (STRL) 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.

	STRL	NEM	Difference
Sharpe ratio: Return per unit of total volatility	1.39	1.11	+0.28
Sortino ratio: Return per unit of downside risk	2.32	1.56	+0.75
Omega ratio: Gain probability vs. loss probability	1.29	1.21	+0.08
Calmar ratio: Return relative to maximum drawdown	2.46	1.64	+0.82
Martin ratio: Return relative to average drawdown	8.00	3.61	+4.39

STRL vs. NEM - Sharpe Ratio Comparison

The current STRL Sharpe Ratio is 1.39, which is comparable to the NEM Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of STRL and NEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STRL vs. NEM - Drawdown Comparison

The maximum STRL drawdown since its inception was -92.51%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for STRL and NEM.

Drawdown Indicators

	STRL	NEM	Difference
Max Drawdown Largest peak-to-trough decline	-92.51%	-81.30%	-11.21%
Max Drawdown (1Y) Largest decline over 1 year	-50.26%	-32.10%	-18.16%
Max Drawdown (3Y) Largest decline over 3 years	-50.26%	-36.57%	-13.69%
Max Drawdown (5Y) Largest decline over 5 years	-50.26%	-62.40%	+12.14%
Max Drawdown (10Y) Largest decline over 10 years	-59.60%	-62.40%	+2.80%
Current Drawdown Current decline from peak	-39.95%	-28.67%	-11.28%
Average Drawdown Average peak-to-trough decline	-46.20%	-41.33%	-4.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.44%	14.57%	+0.87%

Volatility

STRL vs. NEM - Volatility Comparison

Sterling Infrastructure, Inc. (STRL) has a higher volatility of 31.97% compared to Newmont Corporation (NEM) at 11.58%. This indicates that STRL'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.

Volatility by Period

	STRL	NEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.97%	11.58%	+20.39%
Volatility (6M) Calculated over the trailing 6-month period	71.75%	37.40%	+34.35%
Volatility (1Y) Calculated over the trailing 1-year period	88.81%	47.45%	+41.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.94%	38.35%	+20.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.66%	35.74%	+18.92%

Dividends

STRL vs. NEM - Dividend Comparison

STRL has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.09%.

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%
STRL Sterling Infrastructure, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both STRL and NEM in my portfolio?

STRL and NEM have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STRL or NEM?

STRL has higher volatility (31.97%) compared to NEM (11.58%). In terms of maximum drawdown, STRL dropped -92.51% vs NEM's -81.30%.

Which has better risk-adjusted returns?

STRL currently has the higher Sharpe Ratio (1.39 vs 1.11), 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.