THRY vs. NG

Last updated Jun 5, 2026

THRY (Thryv Holdings, Inc.) and NG (NovaGold Resources Inc.) are both stocks. THRY operates in Internet Content & Information (Communication Services), while NG operates in Gold (Basic Materials). Over the past 5 years, THRY returned -32.59%/yr vs -4.33%/yr for NG. At a 0.14 correlation, their price movements are largely independent.

Performance

THRY vs. NG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thryv Holdings, Inc. (THRY) and NovaGold Resources Inc. (NG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THRY achieves a -37.19% return, which is significantly lower than NG's -12.12% return.

THRY

• 1D: 4.97%
• 1M: -0.26%
• YTD: -37.19%
• 6M: -33.91%
• 1Y: -71.96%
• 3Y*: -45.81%
• 5Y*: -32.59%
• 10Y*: —

NG

• 1D: 1.74%
• 1M: 3.28%
• YTD: -12.12%
• 6M: -17.69%
• 1Y: 74.63%
• 3Y*: 15.90%
• 5Y*: -4.33%
• 10Y*: 3.33%

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

THRY vs. NG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
THRY Thryv Holdings, Inc.	-37.19%	-59.12%	-27.27%	7.11%	-53.81%	204.67%	21.90%
NG NovaGold Resources Inc.	-12.12%	179.88%	-10.96%	-37.46%	-12.83%	-29.06%	-15.91%

Correlation

The correlation between THRY and NG is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Oct 2, 2020	0.14

The correlation between THRY and NG shifts across timeframes, from 0.03 (1 year) to 0.15 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap THRY : $171.94M NG : $3.40B
EPS THRY : $0.33 NG : -$0.25
Total Revenue (TTM) THRY : $771.33M NG : $0.00
Gross Profit (TTM) THRY : $522.68M NG : -$19.45K
EBITDA (TTM) THRY : $81.86M NG : -$56.72M

Return for Risk

THRY vs. NG — Risk / Return Rank

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

THRY

THRY Risk / Return Rank: 8
THRY Sharpe Ratio Rank: 8
THRY Sortino Ratio Rank: 9
THRY Omega Ratio Rank: 7
THRY Calmar Ratio Rank: 9
THRY Martin Ratio Rank: 10

NG

NG Risk / Return Rank: 70
NG Sharpe Ratio Rank: 72
NG Sortino Ratio Rank: 69
NG Omega Ratio Rank: 69
NG Calmar Ratio Rank: 71
NG Martin Ratio Rank: 69

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.

THRY vs. NG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thryv Holdings, Inc. (THRY) and NovaGold Resources Inc. (NG). 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.

	THRY	NG	Difference
Sharpe ratio: Return per unit of total volatility	-0.86	1.03	-1.88
Sortino ratio: Return per unit of downside risk	-1.21	1.67	-2.88
Omega ratio: Gain probability vs. loss probability	0.82	1.22	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.85	1.65	-2.50
Martin ratio: Return relative to average drawdown	-1.35	3.59	-4.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

THRY vs. NG - Sharpe Ratio Comparison

The current THRY Sharpe Ratio is -0.86, which is lower than the NG Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of THRY and NG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	THRY	NG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.86	1.03	-1.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.60	-0.07	-0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	0.05	-0.33

Drawdowns

THRY vs. NG - Drawdown Comparison

The maximum THRY drawdown since its inception was -94.96%, roughly equal to the maximum NG drawdown of -97.85%. Use the drawdown chart below to compare losses from any high point for THRY and NG.

Drawdown Indicators

	THRY	NG	Difference
Max Drawdown Largest peak-to-trough decline	-94.96%	-97.85%	+2.89%
Max Drawdown (1Y) Largest decline over 1 year	-84.84%	-45.56%	-39.28%
Max Drawdown (3Y) Largest decline over 3 years	-91.93%	-57.38%	-34.55%
Max Drawdown (5Y) Largest decline over 5 years	-94.96%	-77.69%	-17.27%
Max Drawdown (10Y) Largest decline over 10 years	—	-81.22%	—
Current Drawdown Current decline from peak	-90.89%	-52.06%	-38.83%
Average Drawdown Average peak-to-trough decline	-47.37%	-58.04%	+10.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.34%	20.97%	+32.37%

Volatility

THRY vs. NG - Volatility Comparison

Thryv Holdings, Inc. (THRY) and NovaGold Resources Inc. (NG) have volatilities of 22.43% and 21.94%, 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

	THRY	NG	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.43%	21.94%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	81.70%	59.49%	+22.21%
Volatility (1Y) Calculated over the trailing 1-year period	84.33%	76.75%	+7.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.90%	59.45%	-4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.77%	55.80%	+4.97%

Dividends

THRY vs. NG - Dividend Comparison

Neither THRY nor NG has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both THRY and NG in my portfolio?

THRY and NG have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, THRY or NG?

THRY has higher volatility (22.43%) compared to NG (21.94%). In terms of maximum drawdown, THRY dropped -94.96% vs NG's -97.85%.

Which has better risk-adjusted returns?

NG currently has the higher Sharpe Ratio (1.03 vs -0.85), 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.