STRL vs. NGEX.TO

Last updated Jun 13, 2026

STRL (Sterling Infrastructure, Inc.) and NGEX.TO (NGEx Minerals Ltd) are both stocks. STRL operates in Engineering & Construction (Industrials), while NGEX.TO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, STRL returned 104.12%/yr vs 100.50%/yr for NGEX.TO. At a 0.12 correlation, their price movements are largely independent.

Performance

STRL vs. NGEX.TO - Performance Comparison

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

Different Trading Currencies

STRL is traded in USD, while NGEX.TO is traded in CAD. To make them comparable, the NGEX.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, STRL achieves a 180.50% return, which is significantly higher than NGEX.TO's 1.77% return.

STRL

• 1D: 2.44%
• 1M: 0.55%
• YTD: 180.50%
• 6M: 172.57%
• 1Y: 320.41%
• 3Y*: 152.83%
• 5Y*: 104.12%
• 10Y*: 67.37%

NGEX.TO

• 1D: 6.56%
• 1M: -12.32%
• YTD: 1.77%
• 6M: 4.46%
• 1Y: 71.50%
• 3Y*: 56.05%
• 5Y*: 100.50%
• 10Y*: —

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

STRL vs. NGEX.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
STRL Sterling Infrastructure, Inc.	180.50%	81.79%	91.57%	168.08%	24.71%	41.32%	32.17%	25.16%
NGEX.TO NGEx Minerals Ltd	1.77%	100.03%	72.67%	138.13%	56.57%	255.95%	38.35%	-40.47%

Correlation

The correlation between STRL and NGEX.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Aug 20, 2019	0.12

Over the past year, STRL and NGEX.TO have become more correlated (0.35) than their long-term average of 0.12, meaning their price movements have been converging.

Fundamentals

Market Cap STRL : $26.66B NGEX.TO : CA$5.77B
EPS STRL : $11.19 NGEX.TO : -CA$0.63
PB Ratio STRL : 22.41 NGEX.TO : 9.07
Total Revenue (TTM) STRL : $2.88B NGEX.TO : CA$0.00
Gross Profit (TTM) STRL : $664.66M NGEX.TO : -CA$36.44K
EBITDA (TTM) STRL : $429.99M NGEX.TO : -CA$134.74M

Return for Risk

STRL vs. NGEX.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

STRL

STRL Risk / Return Rank: 97
STRL Sharpe Ratio Rank: 98
STRL Sortino Ratio Rank: 96
STRL Omega Ratio Rank: 95
STRL Calmar Ratio Rank: 98
STRL Martin Ratio Rank: 98

NGEX.TO

NGEX.TO Risk / Return Rank: 77
NGEX.TO Sharpe Ratio Rank: 80
NGEX.TO Sortino Ratio Rank: 72
NGEX.TO Omega Ratio Rank: 74
NGEX.TO Calmar Ratio Rank: 80
NGEX.TO Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STRL vs. NGEX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Infrastructure, Inc. (STRL) and NGEx Minerals Ltd (NGEX.TO). 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	NGEX.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.92	1.23	+2.69
Sortino ratio: Return per unit of downside risk	4.04	1.70	+2.34
Omega ratio: Gain probability vs. loss probability	1.54	1.23	+0.30
Calmar ratio: Return relative to maximum drawdown	10.41	2.33	+8.08
Martin ratio: Return relative to average drawdown	28.52	5.79	+22.73

STRL vs. NGEX.TO - Sharpe Ratio Comparison

The current STRL Sharpe Ratio is 3.92, which is higher than the NGEX.TO Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of STRL and NGEX.TO, 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. NGEX.TO - Drawdown Comparison

The maximum STRL drawdown since its inception was -92.51%, which is greater than NGEX.TO's maximum drawdown of -68.12%. Use the drawdown chart below to compare losses from any high point for STRL and NGEX.TO.

Drawdown Indicators

	STRL	NGEX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-92.51%	-68.12%	-24.39%
Max Drawdown (1Y) Largest decline over 1 year	-31.02%	-30.80%	-0.22%
Max Drawdown (3Y) Largest decline over 3 years	-47.67%	-30.80%	-16.87%
Max Drawdown (5Y) Largest decline over 5 years	-47.67%	-68.12%	+20.45%
Max Drawdown (10Y) Largest decline over 10 years	-59.60%	—	—
Current Drawdown Current decline from peak	-13.56%	-18.14%	+4.58%
Average Drawdown Average peak-to-trough decline	-46.29%	-19.44%	-26.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.30%	12.38%	-1.08%

Volatility

STRL vs. NGEX.TO - Volatility Comparison

Sterling Infrastructure, Inc. (STRL) and NGEx Minerals Ltd (NGEX.TO) have volatilities of 27.60% and 26.50%, 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.

Volatility by Period

	STRL	NGEX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.60%	26.50%	+1.10%
Volatility (6M) Calculated over the trailing 6-month period	65.26%	46.12%	+19.14%
Volatility (1Y) Calculated over the trailing 1-year period	82.41%	58.60%	+23.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.29%	63.39%	-6.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.58%	72.51%	-18.93%

Dividends

STRL vs. NGEX.TO - Dividend Comparison

Neither STRL nor NGEX.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both STRL and NGEX.TO in my portfolio?

STRL and NGEX.TO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.