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TMQ vs. GNOM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TMQ and GNOM is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

TMQ vs. GNOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trilogy Metals Inc. (TMQ) and Global X Genomics & Biotechnology ETF (GNOM). The values are adjusted to include any dividend payments, if applicable.

-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-56.35%
-35.55%
TMQ
GNOM

Key characteristics

Sharpe Ratio

TMQ:

1.31

GNOM:

-0.40

Sortino Ratio

TMQ:

3.24

GNOM:

-0.39

Omega Ratio

TMQ:

1.41

GNOM:

0.96

Calmar Ratio

TMQ:

1.66

GNOM:

-0.17

Martin Ratio

TMQ:

7.34

GNOM:

-0.96

Ulcer Index

TMQ:

20.84%

GNOM:

11.67%

Daily Std Dev

TMQ:

116.70%

GNOM:

27.85%

Max Drawdown

TMQ:

-96.55%

GNOM:

-68.54%

Current Drawdown

TMQ:

-76.69%

GNOM:

-64.53%

Returns By Period

In the year-to-date period, TMQ achieves a 155.81% return, which is significantly higher than GNOM's -14.43% return.


TMQ

YTD

155.81%

1M

-18.52%

6M

113.80%

1Y

149.94%

5Y*

-13.44%

10Y*

7.20%

GNOM

YTD

-14.43%

1M

0.71%

6M

-4.90%

1Y

-13.05%

5Y*

-9.16%

10Y*

N/A

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TMQ vs. GNOM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Trilogy Metals Inc. (TMQ) and Global X Genomics & Biotechnology ETF (GNOM). 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.


Sharpe ratio
The chart of Sharpe ratio for TMQ, currently valued at 1.31, compared to the broader market-4.00-2.000.002.001.31-0.40
The chart of Sortino ratio for TMQ, currently valued at 3.24, compared to the broader market-4.00-2.000.002.004.003.24-0.39
The chart of Omega ratio for TMQ, currently valued at 1.41, compared to the broader market0.501.001.502.001.410.96
The chart of Calmar ratio for TMQ, currently valued at 1.74, compared to the broader market0.002.004.006.001.74-0.17
The chart of Martin ratio for TMQ, currently valued at 7.34, compared to the broader market-5.000.005.0010.0015.0020.0025.007.34-0.96
TMQ
GNOM

The current TMQ Sharpe Ratio is 1.31, which is higher than the GNOM Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of TMQ and GNOM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.31
-0.40
TMQ
GNOM

Dividends

TMQ vs. GNOM - Dividend Comparison

Neither TMQ nor GNOM has paid dividends to shareholders.


TTM2023202220212020
TMQ
Trilogy Metals Inc.
0.00%0.00%0.00%0.00%0.00%
GNOM
Global X Genomics & Biotechnology ETF
0.00%0.00%0.00%0.04%0.14%

Drawdowns

TMQ vs. GNOM - Drawdown Comparison

The maximum TMQ drawdown since its inception was -96.55%, which is greater than GNOM's maximum drawdown of -68.54%. Use the drawdown chart below to compare losses from any high point for TMQ and GNOM. For additional features, visit the drawdowns tool.


-85.00%-80.00%-75.00%-70.00%-65.00%-60.00%JulyAugustSeptemberOctoberNovemberDecember
-64.63%
-64.53%
TMQ
GNOM

Volatility

TMQ vs. GNOM - Volatility Comparison

Trilogy Metals Inc. (TMQ) has a higher volatility of 31.44% compared to Global X Genomics & Biotechnology ETF (GNOM) at 9.66%. This indicates that TMQ's price experiences larger fluctuations and is considered to be riskier than GNOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
31.44%
9.66%
TMQ
GNOM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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