NEM

Newmont Corporation reported Q3 2026 revenue of $6.36 billion, up 15.2% year-over-year, beating the consensus estimate of $6.01 billion by 5.87%. EPS came in at $2.20 versus the estimate of $1.94, representing a 13.4% surprise.

However, total gold production of 1,302 Koz fell slightly short of analyst estimates of 1,317.21 Koz. The stock has declined 5.2% over the past month and carries a Zacks Rank #3 (Hold) rating.

Newmont Corporation reported Q3 2026 earnings of $2.2 per share, beating consensus estimates of $1.94 and representing a 13.4% earnings surprise. The gold and copper miner also exceeded revenue expectations with $6.36 billion versus estimates of $6.01 billion. However, the stock received a Zacks Rank #3 (Hold) rating due to mixed estimate revisions, and the Mining - Gold industry ranks in the bottom 14% of Zacks industries.

FXZ is a smart beta ETF launched in 2007 that tracks the StrataQuant Materials Index with $371.33 million in assets. The fund has gained 20.02% year-to-date and 28.88% over the past year, with an expense ratio of 0.64% and a 1.34% dividend yield.

It holds approximately 40 stocks with heavy exposure to the Materials sector (85.9%), with top holdings including Newmont Corporation, Anglogold Ashanti, and Coeur Mining. The fund carries medium risk with a beta of 1.07 and is presented as a reasonable option for investors seeking to outperform the Materials ETF segment.