ARRNF vs. TMC
ARRNF (American Rare Earths Limited) 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 3 years, ARRNF returned 28.65%/yr vs 30.23%/yr for TMC. At a 0.10 correlation, their price movements are largely independent.
Performance
ARRNF vs. TMC - Performance Comparison
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Returns By Period
In the year-to-date period, ARRNF achieves a 21.67% return, which is significantly higher than TMC's -34.85% return.
ARRNF
- 1D
- 1.39%
- 1M
- -5.37%
- 6M
- -8.75%
- YTD
- 21.67%
- 1Y
- 2.20%
- 3Y*
- 28.65%
- 5Y*
- 66.45%
- 10Y*
- —
- ALL TIME*
- 47.35%
TMC
- 1D
- 8.06%
- 1M
- -21.64%
- 6M
- -44.24%
- YTD
- -34.85%
- 1Y
- -43.06%
- 3Y*
- 30.23%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -18.79%
ARRNF vs. TMC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARRNF American Rare Earths Limited | 21.67% | 23.89% | 41.25% | -11.60% | 4.42% | 550.00% |
TMC TMC the metals company Inc. | -34.85% | 450.89% | 1.82% | 42.86% | -62.98% | -81.18% |
Correlation
The correlation between ARRNF and TMC is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2021 | 0.10 |
Over the past year, ARRNF and TMC have become more correlated (0.32) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
ARRNF:
$148.47M
TMC:
$1.74B
ARRNF:
-A$0.02
TMC:
-$0.00
ARRNF:
-A$128.85K
TMC:
$0.00
ARRNF:
-A$385.87K
TMC:
-$136.00K
ARRNF:
-A$12.72M
TMC:
-$296.72M
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Return for Risk
ARRNF vs. TMC — Risk / Return Rank
ARRNF
TMC
ARRNF vs. TMC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Rare Earths Limited (ARRNF) 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.
| ARRNF | TMC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.98 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | -0.66 | +0.69 |
| Martin ratioReturn relative to average drawdown | 0.04 | -1.02 | +1.06 |
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Drawdowns
ARRNF vs. TMC - Drawdown Comparison
The maximum ARRNF drawdown since its inception was -83.01%, smaller than the maximum TMC drawdown of -95.58%. Use the drawdown chart below to compare losses from any high point for ARRNF and TMC.
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Drawdown Indicators
| ARRNF | TMC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.01% | -95.58% | +12.57% |
Max Drawdown (1Y)Largest decline over 1 year | -69.13% | -65.20% | -3.93% |
Max Drawdown (3Y)Largest decline over 3 years | -69.13% | -65.20% | -3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -83.01% | — | — |
Current DrawdownCurrent decline from peak | -62.44% | -67.71% | +5.27% |
Average DrawdownAverage peak-to-trough decline | -46.53% | -79.14% | +32.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.37% | 42.18% | +11.19% |
Volatility
ARRNF vs. TMC - Volatility Comparison
The current volatility for American Rare Earths Limited (ARRNF) is 10.70%, while TMC the metals company Inc. (TMC) has a volatility of 18.07%. This indicates that ARRNF experiences smaller price fluctuations and is considered to be less risky than TMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARRNF | TMC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.70% | 18.07% | -7.37% |
Volatility (6M)Calculated over the trailing 6-month period | 42.57% | 63.74% | -21.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 119.70% | 94.13% | +25.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 314.83% | 112.37% | +202.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 287.41% | 112.37% | +175.04% |
Dividends
ARRNF vs. TMC - Dividend Comparison
Neither ARRNF nor TMC has paid dividends to shareholders.
Financials
ARRNF vs. TMC - Financials Comparison
This section allows you to compare key financial metrics between American Rare Earths Limited and TMC the metals company 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 TMC have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMC has higher volatility (18.07%) compared to ARRNF (10.70%). In terms of maximum drawdown, ARRNF dropped -83.01% vs TMC's -95.58%.
ARRNF currently has the higher Sharpe Ratio (0.02 vs -0.46), 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.
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