AII.TO vs. RNMBY

Last updated Jun 3, 2026

AII.TO (Almonty Industries Inc.) and RNMBY (Rheinmetall AG ADR) are both stocks. AII.TO operates in Other Industrial Metals & Mining (Basic Materials), while RNMBY operates in Aerospace & Defense (Industrials). Over the past 10 years, AII.TO returned 50.01%/yr vs 38.29%/yr for RNMBY. At a 0.08 correlation, their price movements are largely independent.

Performance

AII.TO vs. RNMBY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Almonty Industries Inc. (AII.TO) and Rheinmetall AG ADR (RNMBY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AII.TO is traded in CAD, while RNMBY is traded in USD. To make them comparable, the RNMBY values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AII.TO achieves a 136.62% return, which is significantly higher than RNMBY's -22.56% return. Over the past 10 years, AII.TO has outperformed RNMBY with an annualized return of 50.01%, while RNMBY has yielded a comparatively lower 38.29% annualized return.

AII.TO

• 1D: 8.35%
• 1M: 2.11%
• YTD: 136.62%
• 6M: 200.32%
• 1Y: 589.86%
• 3Y*: 216.60%
• 5Y*: 73.25%
• 10Y*: 50.01%

RNMBY

• 1D: -1.43%
• 1M: -10.58%
• YTD: -22.56%
• 6M: -20.07%
• 1Y: -33.04%
• 3Y*: 78.71%
• 5Y*: 74.26%
• 10Y*: 38.29%

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

AII.TO vs. RNMBY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AII.TO Almonty Industries Inc.	136.62%	784.25%	68.52%	-20.59%	-23.60%	39.06%	52.38%	-35.38%	18.18%	103.70%
RNMBY Rheinmetall AG ADR	-22.56%	176.96%	117.00%	59.75%	137.82%	-14.61%	-3.69%	21.84%	-23.39%	85.55%

Correlation

The correlation between AII.TO and RNMBY is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Nov 22, 2012	0.08

Fundamentals

Market Cap AII.TO : CA$7.95B RNMBY : $64.80B
EPS AII.TO : -CA$0.57 RNMBY : $3.56
PS Ratio AII.TO : 132.47 RNMBY : 5.86
PB Ratio AII.TO : 22.32 RNMBY : 12.13
Total Revenue (TTM) AII.TO : CA$50.01M RNMBY : $9.58B
Gross Profit (TTM) AII.TO : CA$14.63M RNMBY : $4.12B
EBITDA (TTM) AII.TO : -CA$120.84M RNMBY : $1.81B

Return for Risk

AII.TO vs. RNMBY — Risk / Return Rank

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

AII.TO

AII.TO Risk / Return Rank: 97
AII.TO Sharpe Ratio Rank: 99
AII.TO Sortino Ratio Rank: 96
AII.TO Omega Ratio Rank: 93
AII.TO Calmar Ratio Rank: 99
AII.TO Martin Ratio Rank: 98

RNMBY

RNMBY Risk / Return Rank: 10
RNMBY Sharpe Ratio Rank: 10
RNMBY Sortino Ratio Rank: 12
RNMBY Omega Ratio Rank: 13
RNMBY Calmar Ratio Rank: 11
RNMBY Martin Ratio Rank: 2

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.TO vs. RNMBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Almonty Industries Inc. (AII.TO) and Rheinmetall AG ADR (RNMBY). 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.TO	RNMBY	Difference
Sharpe ratio Return per unit of total volatility	6.41	-0.72	+7.13
Sortino ratio Return per unit of downside risk	4.35	-0.88	+5.23
Omega ratio Gain probability vs. loss probability	1.53	0.90	+0.63
Calmar ratio Return relative to maximum drawdown	14.53	-0.75	+15.27
Martin ratio Return relative to average drawdown	31.20	-1.72	+32.92
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.TO vs. RNMBY - Sharpe Ratio Comparison

The current AII.TO Sharpe Ratio is 6.41, which is higher than the RNMBY Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of AII.TO and RNMBY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AII.TO	RNMBY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.41	-0.72	+7.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.08	1.70	-0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.95	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.90	-0.90

Drawdowns

AII.TO vs. RNMBY - Drawdown Comparison

The maximum AII.TO drawdown since its inception was -80.14%, which is greater than RNMBY's maximum drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for AII.TO and RNMBY.

Drawdown Indicators

	AII.TO	RNMBY	Difference
Max Drawdown Largest peak-to-trough decline	-80.14%	-62.84%	-17.30%
Max Drawdown (1Y) Largest decline over 1 year	-43.53%	-44.89%	+1.36%
Max Drawdown (3Y) Largest decline over 3 years	-43.53%	-44.89%	+1.36%
Max Drawdown (5Y) Largest decline over 5 years	-66.14%	-44.89%	-21.25%
Max Drawdown (10Y) Largest decline over 10 years	-68.52%	-62.84%	-5.68%
Current Drawdown Current decline from peak	-10.94%	-40.35%	+29.41%
Average Drawdown Average peak-to-trough decline	-33.10%	-14.90%	-18.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.26%	19.57%	+0.69%

Volatility

AII.TO vs. RNMBY - Volatility Comparison

Almonty Industries Inc. (AII.TO) has a higher volatility of 24.91% compared to Rheinmetall AG ADR (RNMBY) at 17.26%. This indicates that AII.TO's price experiences larger fluctuations and is considered to be riskier than RNMBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AII.TO	RNMBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.91%	17.26%	+7.65%
Volatility (6M) Calculated over the trailing 6-month period	64.80%	33.77%	+31.03%
Volatility (1Y) Calculated over the trailing 1-year period	92.96%	45.99%	+46.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.19%	43.97%	+24.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.27%	40.42%	+31.85%

Dividends

AII.TO vs. RNMBY - Dividend Comparison

AII.TO has not paid dividends to shareholders, while RNMBY's dividend yield for the trailing twelve months is around 0.98%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AII.TO Almonty Industries Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RNMBY Rheinmetall AG ADR	0.98%	0.49%	0.96%	1.46%	1.82%	1.72%	1.56%	1.36%	1.47%	2.06%	2.97%	0.53%

Financials

AII.TO vs. RNMBY - Profitability Comparison

The chart below illustrates the profitability comparison between Almonty Industries Inc. and Rheinmetall AG ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AII.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Almonty Industries Inc. reported a gross profit of 13.01M and revenue of 25.40M. Therefore, the gross margin over that period was 51.2%.

RNMBY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rheinmetall AG ADR reported a gross profit of 430.97M and revenue of 1.97B. Therefore, the gross margin over that period was 21.9%.

AII.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Almonty Industries Inc. reported an operating income of 2.24M and revenue of 25.40M, resulting in an operating margin of 8.8%.

RNMBY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rheinmetall AG ADR reported an operating income of 178.89M and revenue of 1.97B, resulting in an operating margin of 9.1%.

AII.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Almonty Industries Inc. reported a net income of -5.26M and revenue of 25.40M, resulting in a net margin of -20.7%.

RNMBY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rheinmetall AG ADR reported a net income of 112.83M and revenue of 1.97B, resulting in a net margin of 5.7%.

Frequently Asked Questions

Can I hold both AII.TO and RNMBY in my portfolio?

AII.TO and RNMBY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.