TNGX vs. NGEX.TO
TNGX (Tango Therapeutics, Inc.) and NGEX.TO (NGEx Minerals Ltd) are both stocks. TNGX operates in Biotechnology (Healthcare), while NGEX.TO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, TNGX returned 22.99%/yr vs 100.50%/yr for NGEX.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
TNGX vs. NGEX.TO - Performance Comparison
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Different Trading Currencies
TNGX 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, TNGX achieves a 249.21% return, which is significantly higher than NGEX.TO's 1.77% return.
TNGX
- 1D
- 3.76%
- 1M
- 21.29%
- YTD
- 249.21%
- 6M
- 230.91%
- 1Y
- 512.67%
- 3Y*
- 104.27%
- 5Y*
- 22.99%
- 10Y*
- —
NGEX.TO
- 1D
- 6.56%
- 1M
- -12.32%
- YTD
- 1.77%
- 6M
- 4.46%
- 1Y
- 71.50%
- 3Y*
- 56.05%
- 5Y*
- 100.50%
- 10Y*
- —
TNGX vs. NGEX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TNGX Tango Therapeutics, Inc. | 249.21% | 186.73% | -68.79% | 36.55% | -33.73% | -4.37% | 15.79% |
NGEX.TO NGEx Minerals Ltd | 1.77% | 100.03% | 72.67% | 138.13% | 56.57% | 255.95% | 23.80% |
Correlation
The correlation between TNGX and NGEX.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020 | 0.10 |
Fundamentals
TNGX:
$4.44B
NGEX.TO:
CA$5.77B
TNGX:
-$0.89
NGEX.TO:
-CA$0.63
TNGX:
11.35
NGEX.TO:
9.07
TNGX:
$56.99M
NGEX.TO:
CA$0.00
TNGX:
$55.33M
NGEX.TO:
-CA$36.44K
TNGX:
-$111.92M
NGEX.TO:
-CA$134.74M
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Return for Risk
TNGX vs. NGEX.TO — Risk / Return Rank
TNGX
NGEX.TO
TNGX vs. NGEX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tango Therapeutics, Inc. (TNGX) 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.
| TNGX | NGEX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.96 | ||
| Sortino ratioReturn per unit of downside risk | +3.19 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.23 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 17.69 | 2.33 | +15.35 |
| Martin ratioReturn relative to average drawdown | 46.00 | 5.79 | +40.21 |
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Drawdowns
TNGX vs. NGEX.TO - Drawdown Comparison
The maximum TNGX drawdown since its inception was -93.64%, 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 TNGX and NGEX.TO.
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Drawdown Indicators
| TNGX | NGEX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.64% | -68.12% | -25.52% |
Max Drawdown (1Y)Largest decline over 1 year | -29.24% | -30.80% | +1.56% |
Max Drawdown (3Y)Largest decline over 3 years | -91.46% | -30.80% | -60.66% |
Max Drawdown (5Y)Largest decline over 5 years | -93.64% | -68.12% | -25.52% |
Current DrawdownCurrent decline from peak | -1.96% | -18.14% | +16.18% |
Average DrawdownAverage peak-to-trough decline | -47.98% | -19.44% | -28.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.24% | 12.38% | -1.14% |
Volatility
TNGX vs. NGEX.TO - Volatility Comparison
Tango Therapeutics, Inc. (TNGX) has a higher volatility of 52.40% compared to NGEx Minerals Ltd (NGEX.TO) at 26.50%. This indicates that TNGX's price experiences larger fluctuations and is considered to be riskier than NGEX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TNGX | NGEX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 52.40% | 26.50% | +25.90% |
Volatility (6M)Calculated over the trailing 6-month period | 77.75% | 46.12% | +31.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.90% | 58.60% | +41.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.94% | 63.39% | +38.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.02% | 72.51% | +23.51% |
Dividends
TNGX vs. NGEX.TO - Dividend Comparison
Neither TNGX nor NGEX.TO has paid dividends to shareholders.
Financials
TNGX vs. NGEX.TO - Financials Comparison
This section allows you to compare key financial metrics between Tango Therapeutics, Inc. and NGEx Minerals Ltd. 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
TNGX and NGEX.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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