ALB vs. NEO.TO
ALB (Albemarle Corporation) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both operate in the Specialty Chemicals industry within the Basic Materials sector. Over the past 5 years, ALB returned 1.22%/yr vs 13.75%/yr for NEO.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
ALB vs. NEO.TO - Performance Comparison
Loading charts...
Different Trading Currencies
ALB is traded in USD, while NEO.TO is traded in CAD. To make them comparable, the NEO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ALB achieves a 21.10% return, which is significantly lower than NEO.TO's 111.87% return.
ALB
- 1D
- 7.42%
- 1M
- -14.97%
- YTD
- 21.10%
- 6M
- 29.03%
- 1Y
- 178.26%
- 3Y*
- -7.90%
- 5Y*
- 1.22%
- 10Y*
- 9.53%
NEO.TO
- 1D
- 4.38%
- 1M
- 2.29%
- YTD
- 111.87%
- 6M
- 106.15%
- 1Y
- 173.66%
- 3Y*
- 61.23%
- 5Y*
- 13.75%
- 10Y*
- —
ALB vs. NEO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 21.10% | 67.72% | -39.50% | -32.80% | -6.63% | 59.76% | 105.39% | -3.28% | -38.89% | -0.68% |
NEO.TO Neo Performance Materials Inc. | 111.87% | 110.98% | 1.80% | -14.63% | -54.01% | 50.44% | 19.13% | -13.58% | -18.83% | 4.85% |
Correlation
The correlation between ALB and NEO.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2017 | 0.27 |
Fundamentals
ALB:
$20.21B
NEO.TO:
CA$1.40B
ALB:
-$2.33
NEO.TO:
-$0.24
ALB:
3.66
NEO.TO:
2.00
ALB:
2.65
NEO.TO:
2.61
ALB:
$5.49B
NEO.TO:
$511.45M
ALB:
$1.02B
NEO.TO:
$147.42M
ALB:
$801.97M
NEO.TO:
$61.97M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALB vs. NEO.TO — Risk / Return Rank
ALB
NEO.TO
ALB vs. NEO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Albemarle Corporation (ALB) and Neo Performance Materials Inc. (NEO.TO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALB | NEO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.38 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 5.66 | 5.50 | +0.16 |
| Martin ratioReturn relative to average drawdown | 17.15 | 11.09 | +6.06 |
Loading charts...
Drawdowns
ALB vs. NEO.TO - Drawdown Comparison
The maximum ALB drawdown since its inception was -83.90%, which is greater than NEO.TO's maximum drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for ALB and NEO.TO.
Loading charts...
Drawdown Indicators
| ALB | NEO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.90% | -74.57% | -9.33% |
Max Drawdown (1Y)Largest decline over 1 year | -31.72% | -31.80% | +0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -78.60% | -38.53% | -40.07% |
Max Drawdown (5Y)Largest decline over 5 years | -83.90% | -74.57% | -9.33% |
Max Drawdown (10Y)Largest decline over 10 years | -83.90% | — | — |
Current DrawdownCurrent decline from peak | -44.87% | -7.12% | -37.75% |
Average DrawdownAverage peak-to-trough decline | -20.68% | -37.05% | +16.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.46% | 15.73% | -5.27% |
Volatility
ALB vs. NEO.TO - Volatility Comparison
The current volatility for Albemarle Corporation (ALB) is 16.97%, while Neo Performance Materials Inc. (NEO.TO) has a volatility of 25.89%. This indicates that ALB experiences smaller price fluctuations and is considered to be less risky than NEO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALB | NEO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.97% | 25.89% | -8.92% |
Volatility (6M)Calculated over the trailing 6-month period | 42.66% | 45.14% | -2.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.67% | 64.38% | -1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.64% | 54.25% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.35% | 53.18% | -4.83% |
Dividends
ALB vs. NEO.TO - Dividend Comparison
ALB's dividend yield for the trailing twelve months is around 1.19%, which matches NEO.TO's 1.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 1.19% | 1.15% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.01% | 1.74% | 1.00% | 1.42% | 2.07% |
NEO.TO Neo Performance Materials Inc. | 1.19% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% | 0.00% | 0.00% | 0.00% |
Financials
ALB vs. NEO.TO - Financials Comparison
This section allows you to compare key financial metrics between Albemarle Corporation and Neo Performance Materials Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALB vs. NEO.TO - Profitability Comparison
ALB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a gross profit of 500.97M and revenue of 1.43B. Therefore, the gross margin over that period was 35.1%.
NEO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a gross profit of 47.82M and revenue of 152.42M. Therefore, the gross margin over that period was 31.4%.
ALB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported an operating income of 233.51M and revenue of 1.43B, resulting in an operating margin of 16.3%.
NEO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported an operating income of 26.12M and revenue of 152.42M, resulting in an operating margin of 17.1%.
ALB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a net income of 277.40M and revenue of 1.43B, resulting in a net margin of 19.4%.
NEO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a net income of -1.62M and revenue of 152.42M, resulting in a net margin of -1.1%.
Frequently Asked Questions
ALB and NEO.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ALB and NEO.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer