AII.AX vs. NB

Last updated Apr 1, 2026

Compare and contrast key facts about Almonty Industries Inc. (AII.AX) and NioCorp Developments Ltd. Common Stock (NB).

Performance

AII.AX vs. NB - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Almonty Industries Inc. (AII.AX) and NioCorp Developments Ltd. Common Stock (NB). The values are adjusted to include any dividend payments, if applicable.

AII.AX vs. NB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AII.AX Almonty Industries Inc.	52.51%	813.89%	60.00%	-16.67%
NB NioCorp Developments Ltd. Common Stock	-18.74%	217.11%	-46.52%	-58.73%

Different Trading Currencies

AII.AX is traded in AUD, while NB is traded in USD. To make them comparable, the NB values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AII.AX achieves a 52.51% return, which is significantly higher than NB's -18.74% return.

AII.AX

• 1D: -6.35%
• 1M: -20.23%
• YTD: 52.51%
• 6M: 122.01%
• 1Y: 481.74%
• 3Y*: 167.37%
• 5Y*: —
• 10Y*: —

NB

• 1D: 5.49%
• 1M: -13.35%
• YTD: -18.74%
• 6M: -36.12%
• 1Y: 104.63%
• 3Y*: -12.13%
• 5Y*: —
• 10Y*: —

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

Return for Risk

AII.AX vs. NB — Risk / Return Rank

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

AII.AX

AII.AX Risk / Return Rank: 98
AII.AX Sharpe Ratio Rank: 100
AII.AX Sortino Ratio Rank: 98
AII.AX Omega Ratio Rank: 96
AII.AX Calmar Ratio Rank: 99
AII.AX Martin Ratio Rank: 98

NB

NB Risk / Return Rank: 75
NB Sharpe Ratio Rank: 77
NB Sortino Ratio Rank: 79
NB Omega Ratio Rank: 75
NB Calmar Ratio Rank: 75
NB Martin Ratio Rank: 68

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.

AII.AX vs. NB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Almonty Industries Inc. (AII.AX) and NioCorp Developments Ltd. Common Stock (NB). 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.

	AII.AX	NB	Difference
Sharpe ratio Return per unit of total volatility	6.09	0.93	+5.16
Sortino ratio Return per unit of downside risk	4.47	1.88	+2.60
Omega ratio Gain probability vs. loss probability	1.57	1.23	+0.35
Calmar ratio Return relative to maximum drawdown	11.04	1.45	+9.58
Martin ratio Return relative to average drawdown	27.88	2.48	+25.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AII.AX vs. NB - Sharpe Ratio Comparison

The current AII.AX Sharpe Ratio is 6.09, which is higher than the NB Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of AII.AX and NB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AII.AX	NB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.09	0.93	+5.16
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	-0.19	+1.45

Correlation

The correlation between AII.AX and NB is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AII.AX vs. NB - Dividend Comparison

Neither AII.AX nor NB has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

AII.AX vs. NB - Drawdown Comparison

The maximum AII.AX drawdown since its inception was -54.09%, smaller than the maximum NB drawdown of -82.30%. Use the drawdown chart below to compare losses from any high point for AII.AX and NB.

Drawdown Indicators

	AII.AX	NB	Difference
Max Drawdown Largest peak-to-trough decline	-54.09%	-82.83%	+28.74%
Max Drawdown (1Y) Largest decline over 1 year	-42.31%	-64.10%	+21.79%
Current Drawdown Current decline from peak	-35.03%	-61.78%	+26.75%
Average Drawdown Average peak-to-trough decline	-22.06%	-56.29%	+34.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.75%	37.31%	-20.56%

Volatility

AII.AX vs. NB - Volatility Comparison

Almonty Industries Inc. (AII.AX) has a higher volatility of 28.76% compared to NioCorp Developments Ltd. Common Stock (NB) at 18.50%. This indicates that AII.AX's price experiences larger fluctuations and is considered to be riskier than NB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AII.AX	NB	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.76%	18.50%	+10.26%
Volatility (6M) Calculated over the trailing 6-month period	62.74%	76.29%	-13.55%
Volatility (1Y) Calculated over the trailing 1-year period	78.53%	113.45%	-34.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.57%	90.69%	-32.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.57%	90.69%	-32.12%

Financials