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NG correlations (Novagold Resources Inc.)

NG measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
72.0%
3y weekly
Beta vs S&P 500
1.55
3y weekly
1-year return
+38.4%
price, adjusted
5-year return
+28.8%
price, adjusted
Market cap
$4.0B
latest
Max drawdown
-63.5%
3y, daily closes
-23%0%+97%2025-09-052026-08-27
NG over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with NG

AssetCorrelation (3Y)
SASeabridge Gold, Inc.0.60
EQXEquinox Gold Corp.0.58
GDXVanEck Gold Miners ETF0.58
SVMSilvercorp Metals Inc.0.57
AEMAgnico Eagle Mines Limited0.57

Best diversifiers for NG

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from NG.

AssetCorrelation (3Y)
ANNAAleAnna, Inc.-0.26
DGZDB Gold Short ETN due February 15, 2038-0.26
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.24

NG vs benchmarks

NG vs SPY 0.31 NG vs QQQ 0.29

Get NG data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/ng.json

Correlations, diversifiers, beta and volatility for NG, plus one endpoint per pair. API documentation.

NG inside major ETFs

ETFNG weight
EFAiShares MSCI EAFE ETF0.35%
IEFAiShares Core MSCI EAFE ETF0.3%
VEAVanguard FTSE Developed Markets ETF0.26%
IWMiShares Russell 2000 ETF0.1%
ACWIiShares MSCI ACWI ETF0.07%
VTVanguard Total World Stock ETF0.07%