ARA.TO vs. ATEYY

Last updated Jun 13, 2026

ARA.TO (Aclara Resources Inc.) and ATEYY (Advantest Corp DRC) are both stocks. ARA.TO operates in Other Industrial Metals & Mining (Basic Materials), while ATEYY operates in Semiconductor Equipment & Materials (Technology). Over the past 3 years, ARA.TO returned 110.60%/yr vs 74.08%/yr for ATEYY. At a 0.13 correlation, their price movements are largely independent.

Performance

ARA.TO vs. ATEYY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Aclara Resources Inc. (ARA.TO) and Advantest Corp DRC (ATEYY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ARA.TO achieves a 103.24% return, which is significantly higher than ATEYY's 41.34% return.

ARA.TO

• 1D: 3.54%
• 1M: -2.66%
• YTD: 103.24%
• 6M: 100.46%
• 1Y: 330.39%
• 3Y*: 110.60%
• 5Y*: —
• 10Y*: —

ATEYY

• 1D: 4.32%
• 1M: 4.45%
• YTD: 41.34%
• 6M: 40.12%
• 1Y: 205.28%
• 3Y*: 74.08%
• 5Y*: 54.91%
• 10Y*: 53.96%

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

ARA.TO vs. ATEYY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ARA.TO Aclara Resources Inc.	103.24%	380.00%	-10.00%	56.25%	-77.78%	-19.55%
ATEYY Advantest Corp DRC	41.34%	112.54%	83.30%	106.40%	-29.21%	7.37%

Correlation

The correlation between ARA.TO and ATEYY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021	0.13

The correlation between ARA.TO and ATEYY shifts across timeframes, from 0.13 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ARA.TO : CA$968.23M ATEYY : $127.67B
EPS ARA.TO : -$0.05 ATEYY : ¥520.21
PB Ratio ARA.TO : 4.56 ATEYY : 25.59
Total Revenue (TTM) ARA.TO : $0.00 ATEYY : ¥1.14T
Gross Profit (TTM) ARA.TO : -$1.03M ATEYY : ¥736.09B
EBITDA (TTM) ARA.TO : -$9.35M ATEYY : ¥533.69B

Return for Risk

ARA.TO vs. ATEYY — Risk / Return Rank

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

ARA.TO

ARA.TO Risk / Return Rank: 94
ARA.TO Sharpe Ratio Rank: 97
ARA.TO Sortino Ratio Rank: 93
ARA.TO Omega Ratio Rank: 90
ARA.TO Calmar Ratio Rank: 96
ARA.TO Martin Ratio Rank: 93

ATEYY

ATEYY Risk / Return Rank: 93
ATEYY Sharpe Ratio Rank: 95
ATEYY Sortino Ratio Rank: 91
ATEYY Omega Ratio Rank: 89
ATEYY Calmar Ratio Rank: 94
ATEYY 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.

ARA.TO vs. ATEYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aclara Resources Inc. (ARA.TO) and Advantest Corp DRC (ATEYY). 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.

	ARA.TO	ATEYY	Difference
Sharpe ratio: Return per unit of total volatility	3.36	2.98	+0.38
Sortino ratio: Return per unit of downside risk	3.43	3.21	+0.22
Omega ratio: Gain probability vs. loss probability	1.41	1.39	+0.02
Calmar ratio: Return relative to maximum drawdown	6.95	6.57	+0.38
Martin ratio: Return relative to average drawdown	14.68	17.16	-2.48

ARA.TO vs. ATEYY - Sharpe Ratio Comparison

The current ARA.TO Sharpe Ratio is 3.36, which is comparable to the ATEYY Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of ARA.TO and ATEYY, 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

ARA.TO vs. ATEYY - Drawdown Comparison

The maximum ARA.TO drawdown since its inception was -86.03%, which is greater than ATEYY's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for ARA.TO and ATEYY.

Drawdown Indicators

	ARA.TO	ATEYY	Difference
Max Drawdown Largest peak-to-trough decline	-86.03%	-52.81%	-33.22%
Max Drawdown (1Y) Largest decline over 1 year	-53.93%	-31.72%	-22.21%
Max Drawdown (3Y) Largest decline over 3 years	-53.93%	-45.71%	-8.22%
Max Drawdown (5Y) Largest decline over 5 years	—	-52.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.81%	—
Current Drawdown Current decline from peak	-15.90%	-9.75%	-6.15%
Average Drawdown Average peak-to-trough decline	-59.96%	-13.87%	-46.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.49%	12.12%	+13.37%

Volatility

ARA.TO vs. ATEYY - Volatility Comparison

The current volatility for Aclara Resources Inc. (ARA.TO) is 22.76%, while Advantest Corp DRC (ATEYY) has a volatility of 27.47%. This indicates that ARA.TO experiences smaller price fluctuations and is considered to be less risky than ATEYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARA.TO	ATEYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.76%	27.47%	-4.71%
Volatility (6M) Calculated over the trailing 6-month period	63.51%	54.91%	+8.60%
Volatility (1Y) Calculated over the trailing 1-year period	111.82%	69.91%	+41.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.59%	53.56%	+38.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.59%	48.86%	+42.73%

Dividends

ARA.TO vs. ATEYY - Dividend Comparison

Neither ARA.TO nor ATEYY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ARA.TO Aclara Resources Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ATEYY Advantest Corp DRC	0.00%	0.11%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.18%	1.24%

Financials

Frequently Asked Questions

Can I hold both ARA.TO and ATEYY in my portfolio?

ARA.TO and ATEYY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.