ARRNF vs. NEO.TO
ARRNF (American Rare Earths Limited) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both are in the Basic Materials sector — ARRNF in Other Industrial Metals & Mining, NEO.TO in Specialty Chemicals. Over the past 5 years, ARRNF returned 68.17%/yr vs 13.75%/yr for NEO.TO. At a 0.14 correlation, their price movements are largely independent.
Performance
ARRNF vs. NEO.TO - Performance Comparison
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Different Trading Currencies
ARRNF 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, ARRNF achieves a 28.10% return, which is significantly lower than NEO.TO's 111.87% return.
ARRNF
- 1D
- 2.32%
- 1M
- -3.76%
- YTD
- 28.10%
- 6M
- 9.80%
- 1Y
- 49.44%
- 3Y*
- 34.73%
- 5Y*
- 68.17%
- 10Y*
- —
NEO.TO
- 1D
- 4.38%
- 1M
- 2.29%
- YTD
- 111.87%
- 6M
- 106.15%
- 1Y
- 173.66%
- 3Y*
- 61.23%
- 5Y*
- 13.75%
- 10Y*
- —
ARRNF vs. NEO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ARRNF American Rare Earths Limited | 28.10% | 23.89% | 41.25% | -11.60% | 4.42% | 550.00% | -20.00% |
NEO.TO Neo Performance Materials Inc. | 111.87% | 110.98% | 1.80% | -14.63% | -54.01% | 50.44% | 75.46% |
Correlation
The correlation between ARRNF and NEO.TO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2020 | 0.14 |
The correlation between ARRNF and NEO.TO shifts across timeframes, from 0.14 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ARRNF:
$149.92M
NEO.TO:
CA$1.40B
ARRNF:
-A$0.02
NEO.TO:
-$0.24
ARRNF:
4.42
NEO.TO:
2.61
ARRNF:
-A$128.85K
NEO.TO:
$511.45M
ARRNF:
-A$385.87K
NEO.TO:
$147.42M
ARRNF:
-A$12.72M
NEO.TO:
$61.97M
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Return for Risk
ARRNF vs. NEO.TO — Risk / Return Rank
ARRNF
NEO.TO
ARRNF vs. NEO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Rare Earths Limited (ARRNF) 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.
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.
| ARRNF | NEO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.38 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 5.50 | -4.78 |
| Martin ratioReturn relative to average drawdown | 0.99 | 11.09 | -10.10 |
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Drawdowns
ARRNF vs. NEO.TO - Drawdown Comparison
The maximum ARRNF drawdown since its inception was -83.01%, which is greater than NEO.TO's maximum drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for ARRNF and NEO.TO.
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Drawdown Indicators
| ARRNF | NEO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.01% | -74.57% | -8.44% |
Max Drawdown (1Y)Largest decline over 1 year | -69.13% | -31.80% | -37.33% |
Max Drawdown (3Y)Largest decline over 3 years | -69.13% | -38.53% | -30.60% |
Max Drawdown (5Y)Largest decline over 5 years | -83.01% | -74.57% | -8.44% |
Current DrawdownCurrent decline from peak | -60.46% | -7.12% | -53.34% |
Average DrawdownAverage peak-to-trough decline | -46.27% | -37.05% | -9.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.90% | 15.73% | +34.17% |
Volatility
ARRNF vs. NEO.TO - Volatility Comparison
American Rare Earths Limited (ARRNF) and Neo Performance Materials Inc. (NEO.TO) have volatilities of 26.35% and 25.89%, 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.
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Volatility by Period
| ARRNF | NEO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.35% | 25.89% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 51.26% | 45.14% | +6.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 126.90% | 64.38% | +62.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 314.54% | 54.25% | +260.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 289.79% | 53.18% | +236.61% |
Dividends
ARRNF vs. NEO.TO - Dividend Comparison
ARRNF has not paid dividends to shareholders, while NEO.TO's dividend yield for the trailing twelve months is around 1.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ARRNF American Rare Earths Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEO.TO Neo Performance Materials Inc. | 1.19% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
Financials
ARRNF vs. NEO.TO - Financials Comparison
This section allows you to compare key financial metrics between American Rare Earths Limited and Neo Performance Materials Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
ARRNF and NEO.TO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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