APXCF vs. NEO.TO

Last updated Jun 4, 2026

APXCF (Apex Critical Metals Corp) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both are in the Basic Materials sector — APXCF in Other Industrial Metals & Mining, NEO.TO in Specialty Chemicals. Over the past year, APXCF returned 103.38% vs 262.39% for NEO.TO. At a 0.06 correlation, their price movements are largely independent.

Performance

APXCF vs. NEO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apex Critical Metals Corp (APXCF) and Neo Performance Materials Inc. (NEO.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

APXCF 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, APXCF achieves a -25.26% return, which is significantly lower than NEO.TO's 118.69% return.

APXCF

• 1D: 2.57%
• 1M: -26.63%
• YTD: -25.26%
• 6M: -35.70%
• 1Y: 103.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEO.TO

• 1D: -4.33%
• 1M: 22.55%
• YTD: 118.69%
• 6M: 105.98%
• 1Y: 262.39%
• 3Y*: 65.20%
• 5Y*: 15.34%
• 10Y*: —

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

APXCF vs. NEO.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
APXCF Apex Critical Metals Corp	-25.26%	213.05%	26.64%
NEO.TO Neo Performance Materials Inc.	118.69%	111.00%	-6.71%

Correlation

The correlation between APXCF and NEO.TO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024	0.06

Return for Risk

APXCF vs. NEO.TO — Risk / Return Rank

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

APXCF

APXCF Risk / Return Rank: 70
APXCF Sharpe Ratio Rank: 70
APXCF Sortino Ratio Rank: 75
APXCF Omega Ratio Rank: 72
APXCF Calmar Ratio Rank: 70
APXCF Martin Ratio Rank: 65

NEO.TO

NEO.TO Risk / Return Rank: 95
NEO.TO Sharpe Ratio Rank: 98
NEO.TO Sortino Ratio Rank: 93
NEO.TO Omega Ratio Rank: 93
NEO.TO Calmar Ratio Rank: 96
NEO.TO Martin Ratio Rank: 94

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.

APXCF vs. NEO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apex Critical Metals Corp (APXCF) 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.

	APXCF	NEO.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.91	4.10	-3.19
Sortino ratio: Return per unit of downside risk	1.99	3.64	-1.65
Omega ratio: Gain probability vs. loss probability	1.24	1.49	-0.25
Calmar ratio: Return relative to maximum drawdown	1.56	8.32	-6.76
Martin ratio: Return relative to average drawdown	2.56	17.06	-14.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APXCF vs. NEO.TO - Sharpe Ratio Comparison

The current APXCF Sharpe Ratio is 0.91, which is lower than the NEO.TO Sharpe Ratio of 4.10. The chart below compares the historical Sharpe Ratios of APXCF and NEO.TO, 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

	APXCF	NEO.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	4.10	-3.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.21	+0.40

Drawdowns

APXCF vs. NEO.TO - Drawdown Comparison

The maximum APXCF drawdown since its inception was -66.70%, smaller than the maximum NEO.TO drawdown of -74.51%. Use the drawdown chart below to compare losses from any high point for APXCF and NEO.TO.

Drawdown Indicators

	APXCF	NEO.TO	Difference
Max Drawdown Largest peak-to-trough decline	-66.70%	-74.51%	+7.81%
Max Drawdown (1Y) Largest decline over 1 year	-66.70%	-31.76%	-34.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-37.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-74.51%	—
Current Drawdown Current decline from peak	-65.84%	-4.33%	-61.51%
Average Drawdown Average peak-to-trough decline	-30.62%	-36.97%	+6.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.57%	15.46%	+25.11%

Volatility

APXCF vs. NEO.TO - Volatility Comparison

Apex Critical Metals Corp (APXCF) and Neo Performance Materials Inc. (NEO.TO) have volatilities of 23.27% and 23.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APXCF	NEO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.27%	23.30%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	67.14%	43.98%	+23.16%
Volatility (1Y) Calculated over the trailing 1-year period	114.20%	64.41%	+49.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.49%	55.23%	+73.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.49%	53.79%	+74.70%

Dividends

APXCF vs. NEO.TO - Dividend Comparison

APXCF has not paid dividends to shareholders, while NEO.TO's dividend yield for the trailing twelve months is around 1.17%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
APXCF Apex Critical Metals Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NEO.TO Neo Performance Materials Inc.	1.17%	2.57%	5.01%	5.24%	4.17%	1.97%	2.90%	4.01%	2.47%

Financials

Frequently Asked Questions

Can I hold both APXCF and NEO.TO in my portfolio?

APXCF and NEO.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.