STX vs. NEM
STX (Seagate Technology plc) and NEM (Newmont Corporation) are both stocks. STX operates in Computer Hardware (Technology), while NEM operates in Gold (Basic Materials). Over the past 10 years, STX returned 51.08%/yr vs 13.80%/yr for NEM. At a 0.16 correlation, their price movements are largely independent.
Performance
STX vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, STX achieves a 238.67% return, which is significantly higher than NEM's 0.82% return. Over the past 10 years, STX has outperformed NEM with an annualized return of 51.08%, while NEM has yielded a comparatively lower 13.80% annualized return.
STX
- 1D
- 7.25%
- 1M
- 13.91%
- YTD
- 238.67%
- 6M
- 225.10%
- 1Y
- 648.03%
- 3Y*
- 149.80%
- 5Y*
- 62.01%
- 10Y*
- 51.08%
NEM
- 1D
- 2.71%
- 1M
- -15.55%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 81.14%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
STX vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STX Seagate Technology plc | 238.67% | 225.26% | 4.06% | 69.12% | -51.42% | 87.50% | 10.14% | 62.14% | -2.90% | 16.67% |
NEM Newmont Corporation | 0.82% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between STX and NEM is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2002 | 0.16 |
The correlation between STX and NEM shifts across timeframes, from 0.16 (10 years) to 0.28 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
STX:
$10.58
NEM:
$6.34
STX:
87.99
NEM:
15.82
STX:
1.05
NEM:
0.41
STX:
19.01
NEM:
4.83
STX:
$11.01B
NEM:
$17.23B
STX:
$4.57B
NEM:
$8.97B
STX:
$2.59B
NEM:
$13.78B
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Return for Risk
STX vs. NEM — Risk / Return Rank
STX
NEM
STX vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Seagate Technology plc (STX) 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.
| STX | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.46 | ||
| Sortino ratioReturn per unit of downside risk | +4.26 | ||
| Omega ratioGain probability vs. loss probability | 1.81 | 1.29 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 31.15 | 2.78 | +28.37 |
| Martin ratioReturn relative to average drawdown | 90.13 | 7.58 | +82.55 |
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Drawdowns
STX vs. NEM - Drawdown Comparison
The maximum STX drawdown since its inception was -88.74%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for STX and NEM.
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Drawdown Indicators
| STX | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.74% | -81.30% | -7.44% |
Max Drawdown (1Y)Largest decline over 1 year | -21.00% | -29.39% | +8.39% |
Max Drawdown (3Y)Largest decline over 3 years | -40.00% | -36.57% | -3.43% |
Max Drawdown (5Y)Largest decline over 5 years | -56.99% | -62.40% | +5.41% |
Max Drawdown (10Y)Largest decline over 10 years | -56.99% | -62.40% | +5.41% |
Current DrawdownCurrent decline from peak | -1.03% | -23.71% | +22.68% |
Average DrawdownAverage peak-to-trough decline | -26.44% | -41.37% | +14.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.24% | 10.73% | -3.49% |
Volatility
STX vs. NEM - Volatility Comparison
Seagate Technology plc (STX) has a higher volatility of 19.61% compared to Newmont Corporation (NEM) at 15.74%. This indicates that STX'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
| STX | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.61% | 15.74% | +3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 50.59% | 37.43% | +13.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.18% | 47.44% | +16.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.86% | 37.99% | +6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.27% | 35.67% | +6.60% |
Dividends
STX vs. NEM - Dividend Comparison
STX's dividend yield for the trailing twelve months is around 0.31%, less than NEM's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | 1.02% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
STX Seagate Technology plc | 0.31% | 1.05% | 3.27% | 3.28% | 5.32% | 2.40% | 4.21% | 4.27% | 6.53% | 6.02% | 6.60% | 6.14% |
Financials
STX vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Seagate Technology plc 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
STX and NEM have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STX has higher volatility (19.61%) compared to NEM (15.74%). In terms of maximum drawdown, STX dropped -88.74% vs NEM's -81.30%.
STX currently has the higher Sharpe Ratio (10.19 vs 1.73), 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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