NG vs SPY

Comparison between Novagold Resources Inc (NG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed NG, delivering a return of +14.0% compared to -5.4%

NG vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NG(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.31B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	97.85%	56.47%
Sharpe Ratio	1.34	1.91
5Y Beta	1.31	1.00
Industry	Gold	N/A
P/E Ratio	-33.15	28.68
Forward P/E	4.90	22.19
PEG Ratio	-0.43	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.37%
Debt to Equity	0.00%	34.04%
Free Cash Flow Yield	-0.42%	N/A
P/S Ratio	3615.48	3.76
P/B Ratio	7.63	5.55

Market Cap / Net Assets

$3.31B

Winner

SPY

$735B

Expense Ratio

N/A

SPY

0.09%

Max Drawdown

97.85%

Winner

SPY

56.47%

Sharpe Ratio

1.34

Winner

SPY

1.91

5Y Beta

1.31

Winner

SPY

1.00

Industry

Gold

SPY

N/A

P/E Ratio

Winner

-33.15

SPY

28.68

Forward P/E

Winner

4.90

SPY

22.19

PEG Ratio

-0.43

SPY

N/A

5Y Dividends CAGR

N/A

SPY

5.43%

5Y EPS CAGR

N/A

SPY

26.37%

Debt to Equity

Winner

0.00%

SPY

34.04%

Free Cash Flow Yield

-0.42%

SPY

N/A

P/S Ratio

3615.48

Winner

SPY

3.76

P/B Ratio

7.63

Winner

SPY

5.55

NG vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	NG	SPY
1 month	-16.61%	+4.84%
3 months	-29.73%	+9.57%
6 months	-5.85%	+13.79%
1 year	+114.72%	+29.34%
5 years(CAGR)	-5.45%	+13.98%
10 years(CAGR)	+3.08%	+15.66%
Max(CAGR)	+2.80%	+8.53%

-16.61%

Winner

SPY

+4.84%

-29.73%

Winner

SPY

+9.57%

-5.85%

Winner

SPY

+13.79%

Winner

+114.72%

SPY

+29.34%

5Y(CAGR)

-5.45%

Winner

SPY

+13.98%

10Y(CAGR)

+3.08%

Winner

SPY

+15.66%

Max(CAGR)

+2.80%

Winner

SPY

+8.53%

NG vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NG	SPY
2026	-15.98%	+9.45%
2025	+171.72%	+18.00%
2024	-12.37%	+25.59%
2023	-38.18%	+26.72%
2022	-10.34%	-18.64%
2021	-33.72%	+30.52%
2020	+9.39%	+17.28%
2019	+126.26%	+31.09%
2018	-2.71%	-5.24%
2017	-14.38%	+20.78%
2016	+5.80%	+13.59%
2015	+35.81%	+1.31%
2014	+6.12%	+14.56%
2013	-47.41%	+29.00%
2012	-39.61%	+14.17%
2011	-39.86%	+0.85%
2010	+125.79%	+13.14%
2009	+287.97%	+22.67%
2008	-83.39%	-36.25%
2007	-49.78%	+5.32%
2006	+80.63%	+13.85%
2005	+24.66%	+5.32%
2004	+52.26%	+10.75%
2003	-1.97%	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

NG vs SPY Drawdown Comparison

The maximum drawdown for NG was -97.85%, occurring on Dec 2, 2008. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current NG drawdown is -54.92%. The current SPY drawdown is -0.34%.

Rank	NG	SPY
#1	-97.85% Nov 9, 2007 - Dec 2, 2008	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-42.01% Jan 9, 2004 - Sep 13, 2004	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-35.40% May 2, 2006 - Jul 26, 2006	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-28.87% Feb 23, 2005 - Jan 9, 2006	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-23.92% Sep 1, 2006 - Oct 10, 2007	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-17.75% Nov 29, 2004 - Feb 10, 2005	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-14.56% Dec 8, 2003 - Jan 5, 2004	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-12.96% Mar 3, 2006 - Mar 29, 2006	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-12.24% Oct 15, 2007 - Oct 25, 2007	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-9.99% Apr 5, 2006 - May 2, 2006	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-9.02% Feb 6, 2006 - Feb 24, 2006	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-7.06% Jan 13, 2006 - Jan 26, 2006	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-5.38% Sep 23, 2004 - Oct 5, 2004	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-4.81% Oct 29, 2007 - Nov 2, 2007	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-4.38% Oct 25, 2004 - Nov 3, 2004	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between NG and SPY is -0.05 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.05

-101

Dividend Comparison (1999 - 2026)

NG vs SPY dividend yield comparison.

Year	NG	SPY
2026	0.00%	0.24%
2025	0.00%	1.07%
2024	0.00%	1.21%
2023	0.00%	1.40%
2022	0.00%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	15.52%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%