TRV vs. NEM

Last updated Jul 25, 2026

TRV (The Travelers Companies, Inc.) and NEM (Newmont Corporation) are both stocks. TRV operates in Insurance - Property & Casualty (Financial Services), while NEM operates in Gold (Basic Materials). Over the past 10 years, TRV returned 15.11%/yr vs 11.22%/yr for NEM. At a 0.06 correlation, their price movements are largely independent.

Performance

TRV vs. NEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Travelers Companies, Inc. (TRV) and Newmont Corporation (NEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRV achieves a 34.56% return, which is significantly higher than NEM's -6.26% return. Over the past 10 years, TRV has outperformed NEM with an annualized return of 15.11%, while NEM has yielded a comparatively lower 11.22% annualized return.

TRV

• 1D: 2.89%
• 1M: 20.74%
• 6M: 40.54%
• YTD: 34.56%
• 1Y: 50.17%
• 3Y*: 33.40%
• 5Y*: 23.61%
• 10Y*: 15.11%
• ALL TIME*: 11.98%

NEM

• 1D: -1.62%
• 1M: -0.90%
• 6M: -24.71%
• YTD: -6.26%
• 1Y: 53.11%
• 3Y*: 31.67%
• 5Y*: 12.38%
• 10Y*: 11.22%
• ALL TIME*: 4.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NEM Newmont Corporation	$751.28M	$741.04M	$822.38M
TRV The Travelers Companies, Inc.	$860.04M	$698.10M	$576.77M

TRV vs. NEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRV The Travelers Companies, Inc.	34.56%	22.38%	28.76%	3.93%	22.42%	13.96%	5.31%	17.00%	-9.64%	13.36%
NEM Newmont Corporation	-6.26%	172.82%	-7.83%	-8.76%	-20.77%	7.40%	40.28%	30.52%	-6.15%	10.91%

Correlation

The correlation between TRV and NEM is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Apr 22, 1996	0.06

The correlation between TRV and NEM shifts across timeframes, from -0.09 (1 year) to 0.07 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TRV : $80.77B NEM : $99.49B
EPS TRV : $37.59 NEM : $7.88
PE Ratio TRV : 10.30 NEM : 11.82
PEG Ratio TRV : 0.48 NEM : 0.31
PS Ratio TRV : 1.75 NEM : 5.31
PB Ratio TRV : 2.50 NEM : 2.81
Total Revenue (TTM) TRV : $48.98B NEM : $19.13B
Gross Profit (TTM) TRV : $17.01B NEM : $10.94B
EBITDA (TTM) TRV : $11.31B NEM : $14.81B

Return for Risk

TRV vs. NEM — Risk / Return Rank

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

TRV

TRV Risk / Return Rank: 96
TRV Sharpe Ratio Rank: 95
TRV Sortino Ratio Rank: 96
TRV Omega Ratio Rank: 95
TRV Calmar Ratio Rank: 96
TRV Martin Ratio Rank: 96

NEM

NEM Risk / Return Rank: 76
NEM Sharpe Ratio Rank: 80
NEM Sortino Ratio Rank: 74
NEM Omega Ratio Rank: 74
NEM Calmar Ratio Rank: 77
NEM Martin Ratio Rank: 76

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.

TRV vs. NEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Travelers Companies, Inc. (TRV) 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.

	TRV	NEM	Difference
Sharpe ratio: Return per unit of total volatility	2.47	1.12	+1.35
Sortino ratio: Return per unit of downside risk	3.65	1.58	+2.07
Omega ratio: Gain probability vs. loss probability	1.45	1.21	+0.24
Calmar ratio: Return relative to maximum drawdown	6.07	1.66	+4.40
Martin ratio: Return relative to average drawdown	15.56	3.81	+11.76

TRV vs. NEM - Sharpe Ratio Comparison

The current TRV Sharpe Ratio is 2.47, which is higher than the NEM Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of TRV and NEM, 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

TRV vs. NEM - Drawdown Comparison

The maximum TRV drawdown since its inception was -55.11%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for TRV and NEM.

Drawdown Indicators

	TRV	NEM	Difference
Max Drawdown Largest peak-to-trough decline	-55.11%	-81.30%	+26.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-32.10%	+23.79%
Max Drawdown (3Y) Largest decline over 3 years	-12.47%	-36.57%	+24.10%
Max Drawdown (5Y) Largest decline over 5 years	-18.90%	-62.40%	+43.50%
Max Drawdown (10Y) Largest decline over 10 years	-46.28%	-62.40%	+16.12%
Current Drawdown Current decline from peak	0.00%	-29.07%	+29.07%
Average Drawdown Average peak-to-trough decline	-11.07%	-41.33%	+30.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	14.00%	-10.76%

Volatility

TRV vs. NEM - Volatility Comparison

The Travelers Companies, Inc. (TRV) and Newmont Corporation (NEM) have volatilities of 10.69% and 10.40%, 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

	TRV	NEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.69%	10.40%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	15.94%	37.49%	-21.55%
Volatility (1Y) Calculated over the trailing 1-year period	20.48%	47.79%	-27.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.18%	38.27%	-16.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	35.73%	-11.12%

Dividends

TRV vs. NEM - Dividend Comparison

TRV's dividend yield for the trailing twelve months is around 1.17%, more than NEM's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEM Newmont Corporation	1.09%	1.00%	2.69%	3.87%	4.66%	3.55%	1.74%	3.31%	1.62%	0.67%	0.37%	0.56%
TRV The Travelers Companies, Inc.	1.17%	1.50%	1.72%	2.06%	1.96%	2.23%	2.40%	2.36%	2.53%	2.09%	2.14%	2.11%

Financials

Frequently Asked Questions

Can I hold both TRV and NEM in my portfolio?

TRV and NEM have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRV or NEM?

TRV has higher volatility (10.69%) compared to NEM (10.40%). In terms of maximum drawdown, TRV dropped -55.11% vs NEM's -81.30%.

Which has better risk-adjusted returns?

TRV currently has the higher Sharpe Ratio (2.47 vs 1.12), 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.