APXCF vs. TMC

Last updated Jun 13, 2026

APXCF (Apex Critical Metals Corp) and TMC (TMC the metals company Inc.) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past year, APXCF returned 110.49% vs 25.12% for TMC. At a 0.06 correlation, their price movements are largely independent.

Performance

APXCF vs. TMC - Performance Comparison

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

Returns By Period

In the year-to-date period, APXCF achieves a -26.88% return, which is significantly lower than TMC's -11.99% return.

APXCF

• 1D: 12.50%
• 1M: -25.43%
• YTD: -26.88%
• 6M: -16.43%
• 1Y: 110.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TMC

• 1D: 5.85%
• 1M: 0.18%
• YTD: -11.99%
• 6M: -18.22%
• 1Y: 25.12%
• 3Y*: 68.25%
• 5Y*: —
• 10Y*: —

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

APXCF vs. TMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
APXCF Apex Critical Metals Corp	-26.88%	213.05%	26.64%
TMC TMC the metals company Inc.	-11.99%	450.89%	-26.32%

Correlation

The correlation between APXCF and TMC is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jul 8, 2024	0.06

Return for Risk

APXCF vs. TMC — Risk / Return Rank

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

APXCF

APXCF Risk / Return Rank: 71
APXCF Sharpe Ratio Rank: 70
APXCF Sortino Ratio Rank: 77
APXCF Omega Ratio Rank: 73
APXCF Calmar Ratio Rank: 70
APXCF Martin Ratio Rank: 66

TMC

TMC Risk / Return Rank: 50
TMC Sharpe Ratio Rank: 48
TMC Sortino Ratio Rank: 57
TMC Omega Ratio Rank: 53
TMC Calmar Ratio Rank: 48
TMC Martin Ratio Rank: 46

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. TMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apex Critical Metals Corp (APXCF) and TMC the metals company Inc. (TMC). 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.

	APXCF	TMC	Difference
Sharpe ratio: Return per unit of total volatility	0.91	0.13	+0.78
Sortino ratio: Return per unit of downside risk	2.00	1.02	+0.99
Omega ratio: Gain probability vs. loss probability	1.24	1.11	+0.13
Calmar ratio: Return relative to maximum drawdown	1.44	0.21	+1.22
Martin ratio: Return relative to average drawdown	2.51	0.35	+2.16

APXCF vs. TMC - Sharpe Ratio Comparison

The current APXCF Sharpe Ratio is 0.91, which is higher than the TMC Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of APXCF and TMC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APXCF vs. TMC - Drawdown Comparison

The maximum APXCF drawdown since its inception was -73.63%, smaller than the maximum TMC drawdown of -95.58%. Use the drawdown chart below to compare losses from any high point for APXCF and TMC.

Drawdown Indicators

	APXCF	TMC	Difference
Max Drawdown Largest peak-to-trough decline	-73.63%	-95.58%	+21.95%
Max Drawdown (1Y) Largest decline over 1 year	-73.63%	-61.65%	-11.98%
Max Drawdown (3Y) Largest decline over 3 years	—	-74.56%	—
Current Drawdown Current decline from peak	-66.58%	-56.39%	-10.19%
Average Drawdown Average peak-to-trough decline	-31.12%	-79.43%	+48.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.16%	37.93%	+4.23%

Volatility

APXCF vs. TMC - Volatility Comparison

Apex Critical Metals Corp (APXCF) has a higher volatility of 31.67% compared to TMC the metals company Inc. (TMC) at 24.27%. This indicates that APXCF's price experiences larger fluctuations and is considered to be riskier than TMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APXCF	TMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.67%	24.27%	+7.40%
Volatility (6M) Calculated over the trailing 6-month period	65.19%	68.29%	-3.10%
Volatility (1Y) Calculated over the trailing 1-year period	116.18%	104.72%	+11.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.47%	113.21%	+15.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.47%	113.21%	+15.26%

Dividends

APXCF vs. TMC - Dividend Comparison

Neither APXCF nor TMC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both APXCF and TMC in my portfolio?

APXCF and TMC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APXCF or TMC?

APXCF has higher volatility (31.67%) compared to TMC (24.27%). In terms of maximum drawdown, APXCF dropped -73.63% vs TMC's -95.58%.

Which has better risk-adjusted returns?

APXCF currently has the higher Sharpe Ratio (0.91 vs 0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.