ARAAF vs. NNE

Last updated Aug 1, 2026

ARAAF (Aclara Resources Inc) and NNE (NANO Nuclear Energy Inc.) are both stocks. ARAAF operates in Other Industrial Metals & Mining (Basic Materials), while NNE operates in Specialty Industrial Machinery (Industrials). Over the past year, ARAAF returned 175.15% vs -53.19% for NNE. Their 0.19 correlation means their historical movements had little consistent relationship.

Performance

ARAAF vs. NNE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aclara Resources Inc (ARAAF) and NANO Nuclear Energy Inc. (NNE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARAAF achieves a 60.18% return, which is significantly higher than NNE's -33.74% return.

ARAAF

• 1D: 0.40%
• 1M: -10.60%
• 6M: -4.89%
• YTD: 60.18%
• 1Y: 175.15%
• 3Y*: 97.28%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.38%

NNE

• 1D: -4.62%
• 1M: -20.57%
• 6M: -45.88%
• YTD: -33.74%
• 1Y: -53.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 94.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARAAF Aclara Resources Inc	$160.52K	$201.49K	$247.19K
NNE NANO Nuclear Energy Inc.	$32.41M	$37.90M	$64.97M

ARAAF vs. NNE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ARAAF Aclara Resources Inc	60.18%	404.63%	-23.67%
NNE NANO Nuclear Energy Inc.	-33.74%	-3.55%	591.53%

Correlation

The correlation between ARAAF and NNE is 0.46, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.46
Correlation (All Time) Calculated using the full available price history since May 8, 2024	0.19

Over the past year, ARAAF and NNE have become more correlated (0.46) than their long-term average of 0.19, meaning their price movements have been converging.

Fundamentals

Market Cap ARAAF : $613.37M NNE : $854.34M
EPS ARAAF : -$0.05 NNE : -$192.79
PB Ratio ARAAF : 3.68 NNE : 0.00
Total Revenue (TTM) ARAAF : $0.00 NNE : $0.00
Gross Profit (TTM) ARAAF : -$1.03M NNE : -$769.48K
EBITDA (TTM) ARAAF : -$9.35M NNE : $14.05B

Return for Risk

ARAAF vs. NNE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARAAF

ARAAF Risk / Return Rank: 86
ARAAF Sharpe Ratio Rank: 87
ARAAF Sortino Ratio Rank: 89
ARAAF Omega Ratio Rank: 84
ARAAF Calmar Ratio Rank: 87
ARAAF Martin Ratio Rank: 82

NNE

NNE Risk / Return Rank: 19
NNE Sharpe Ratio Rank: 19
NNE Sortino Ratio Rank: 21
NNE Omega Ratio Rank: 23
NNE Calmar Ratio Rank: 15
NNE Martin Ratio Rank: 16

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARAAF vs. NNE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aclara Resources Inc (ARAAF) and NANO Nuclear Energy Inc. (NNE). 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.

	ARAAF	NNE	Difference
Sharpe ratio: Return per unit of total volatility	1.60	-0.56	+2.16
Sortino ratio: Return per unit of downside risk	2.65	-0.51	+3.16
Omega ratio: Gain probability vs. loss probability	1.30	0.95	+0.35
Calmar ratio: Return relative to maximum drawdown	3.04	-0.75	+3.79
Martin ratio: Return relative to average drawdown	5.94	-1.17	+7.11

ARAAF vs. NNE - Sharpe Ratio Comparison

The current ARAAF Sharpe Ratio is 1.60, which is higher than the NNE Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of ARAAF and NNE, 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

ARAAF vs. NNE - Drawdown Comparison

The maximum ARAAF drawdown since its inception was -84.58%, which is greater than NNE's maximum drawdown of -77.68%. Use the drawdown chart below to compare losses from any high point for ARAAF and NNE.

Drawdown Indicators

	ARAAF	NNE	Difference
Max Drawdown Largest peak-to-trough decline	-84.58%	-77.68%	-6.90%
Max Drawdown (1Y) Largest decline over 1 year	-56.89%	-73.72%	+16.83%
Max Drawdown (3Y) Largest decline over 3 years	-56.89%	—	—
Current Drawdown Current decline from peak	-33.77%	-71.91%	+38.14%
Average Drawdown Average peak-to-trough decline	-57.21%	-37.91%	-19.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.10%	47.01%	-17.91%

Volatility

ARAAF vs. NNE - Volatility Comparison

The current volatility for Aclara Resources Inc (ARAAF) is 14.42%, while NANO Nuclear Energy Inc. (NNE) has a volatility of 23.88%. This indicates that ARAAF experiences smaller price fluctuations and is considered to be less risky than NNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARAAF	NNE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.42%	23.88%	-9.46%
Volatility (6M) Calculated over the trailing 6-month period	54.42%	68.15%	-13.73%
Volatility (1Y) Calculated over the trailing 1-year period	108.64%	98.48%	+10.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	117.17%	148.58%	-31.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	117.17%	148.58%	-31.41%

Dividends

ARAAF vs. NNE - Dividend Comparison

Neither ARAAF nor NNE has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ARAAF and NNE in my portfolio?

ARAAF and NNE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARAAF or NNE?

NNE has higher volatility (23.88%) compared to ARAAF (14.42%). In terms of maximum drawdown, ARAAF dropped -84.58% vs NNE's -77.68%.

Which has better risk-adjusted returns?

ARAAF currently has the higher Sharpe Ratio (1.60 vs -0.56), 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.