ARA.TO vs. METC

Last updated Jun 13, 2026

ARA.TO (Aclara Resources Inc.) and METC (Ramaco Resources, Inc.) are both stocks. Both are in the Basic Materials sector — ARA.TO in Other Industrial Metals & Mining, METC in Coking Coal. Over the past 3 years, ARA.TO returned 110.60%/yr vs 32.20%/yr for METC. At a 0.11 correlation, their price movements are largely independent.

Performance

ARA.TO vs. METC - Performance Comparison

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

Different Trading Currencies

ARA.TO is traded in CAD, while METC is traded in USD. To make them comparable, the METC 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 METC's -13.41% return.

ARA.TO

• 1D: 3.54%
• 1M: -10.59%
• YTD: 103.24%
• 6M: 100.46%
• 1Y: 372.04%
• 3Y*: 110.60%
• 5Y*: —
• 10Y*: —

METC

• 1D: 2.92%
• 1M: 2.53%
• YTD: -13.41%
• 6M: -0.68%
• 1Y: 42.97%
• 3Y*: 32.20%
• 5Y*: 30.56%
• 10Y*: —

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

ARA.TO vs. METC - 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%
METC Ramaco Resources, Inc.	-13.41%	85.52%	-31.92%	101.03%	-28.73%	16.09%

Correlation

The correlation between ARA.TO and METC is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021	0.11

The correlation between ARA.TO and METC shifts across timeframes, from 0.11 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS ARA.TO : -$0.05 METC : -$1.62
Total Revenue (TTM) ARA.TO : $0.00 METC : $523.58M
Gross Profit (TTM) ARA.TO : -$1.03M METC : $10.83M
EBITDA (TTM) ARA.TO : -$9.35M METC : $723.00K

Return for Risk

ARA.TO vs. METC — 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

METC

METC Risk / Return Rank: 59
METC Sharpe Ratio Rank: 59
METC Sortino Ratio Rank: 65
METC Omega Ratio Rank: 62
METC Calmar Ratio Rank: 57
METC Martin Ratio Rank: 53

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. METC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aclara Resources Inc. (ARA.TO) and Ramaco Resources, Inc. (METC). 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	METC	Difference
Sharpe ratio: Return per unit of total volatility	3.36	0.51	+2.85
Sortino ratio: Return per unit of downside risk	3.43	1.38	+2.05
Omega ratio: Gain probability vs. loss probability	1.41	1.17	+0.25
Calmar ratio: Return relative to maximum drawdown	6.95	0.69	+6.26
Martin ratio: Return relative to average drawdown	14.68	0.96	+13.73

ARA.TO vs. METC - Sharpe Ratio Comparison

The current ARA.TO Sharpe Ratio is 3.36, which is higher than the METC Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of ARA.TO and METC, 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. METC - Drawdown Comparison

The maximum ARA.TO drawdown since its inception was -86.03%, roughly equal to the maximum METC drawdown of -85.44%. Use the drawdown chart below to compare losses from any high point for ARA.TO and METC.

Drawdown Indicators

	ARA.TO	METC	Difference
Max Drawdown Largest peak-to-trough decline	-86.03%	-85.44%	-0.59%
Max Drawdown (1Y) Largest decline over 1 year	-53.93%	-76.31%	+22.38%
Max Drawdown (3Y) Largest decline over 3 years	-53.93%	-76.31%	+22.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-76.31%	—
Current Drawdown Current decline from peak	-15.90%	-72.13%	+56.23%
Average Drawdown Average peak-to-trough decline	-59.96%	-51.39%	-8.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.49%	55.00%	-29.51%

Volatility

ARA.TO vs. METC - Volatility Comparison

Aclara Resources Inc. (ARA.TO) and Ramaco Resources, Inc. (METC) have volatilities of 22.76% and 21.97%, 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

	ARA.TO	METC	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.76%	21.97%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	63.51%	62.51%	+1.00%
Volatility (1Y) Calculated over the trailing 1-year period	111.82%	102.62%	+9.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.59%	82.72%	+8.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.59%	76.45%	+15.14%

Dividends

ARA.TO vs. METC - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022
ARA.TO Aclara Resources Inc.	0.00%	0.00%	0.00%	0.00%	0.00%
METC Ramaco Resources, Inc.	0.00%	1.10%	5.32%	2.91%	5.11%

Financials

Frequently Asked Questions

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

ARA.TO and METC have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.