FEAM vs. RCAT

Last updated Jun 4, 2026

FEAM (5E Advanced Materials Inc) and RCAT (Red Cat Holdings, Inc.) are both stocks. FEAM operates in Specialty Chemicals (Basic Materials), while RCAT operates in Software - Application (Technology). Over the past 3 years, FEAM returned -71.96%/yr vs 142.10%/yr for RCAT. At a 0.08 correlation, their price movements are largely independent.

Performance

FEAM vs. RCAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 5E Advanced Materials Inc (FEAM) and Red Cat Holdings, Inc. (RCAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEAM achieves a -42.62% return, which is significantly lower than RCAT's 73.90% return.

FEAM

• 1D: -5.91%
• 1M: 3.55%
• YTD: -42.62%
• 6M: -56.03%
• 1Y: -60.23%
• 3Y*: -71.96%
• 5Y*: —
• 10Y*: —

RCAT

• 1D: -7.76%
• 1M: 25.36%
• YTD: 73.90%
• 6M: 82.65%
• 1Y: 98.99%
• 3Y*: 142.10%
• 5Y*: 42.10%
• 10Y*: —

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

FEAM vs. RCAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FEAM 5E Advanced Materials Inc	-42.62%	-79.28%	-54.61%	-82.11%	-76.13%
RCAT Red Cat Holdings, Inc.	73.90%	-38.29%	1,360.23%	-6.38%	-57.85%

Correlation

The correlation between FEAM and RCAT is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (All Time) Calculated using the full available price history since Mar 16, 2022	0.08

Fundamentals

Market Cap FEAM : $61.10M RCAT : $1.67B
EPS FEAM : -$1.76 RCAT : -$0.78
PB Ratio FEAM : 0.84 RCAT : 6.98
Total Revenue (TTM) FEAM : $0.00 RCAT : $52.98M
Gross Profit (TTM) FEAM : -$10.56M RCAT : $2.86M
EBITDA (TTM) FEAM : -$22.23M RCAT : -$79.24M

Return for Risk

FEAM vs. RCAT — Risk / Return Rank

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

FEAM

FEAM Risk / Return Rank: 19
FEAM Sharpe Ratio Rank: 18
FEAM Sortino Ratio Rank: 22
FEAM Omega Ratio Rank: 23
FEAM Calmar Ratio Rank: 14
FEAM Martin Ratio Rank: 16

RCAT

RCAT Risk / Return Rank: 69
RCAT Sharpe Ratio Rank: 66
RCAT Sortino Ratio Rank: 73
RCAT Omega Ratio Rank: 68
RCAT Calmar Ratio Rank: 70
RCAT Martin Ratio Rank: 67

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.

FEAM vs. RCAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 5E Advanced Materials Inc (FEAM) and Red Cat Holdings, Inc. (RCAT). 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.

	FEAM	RCAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	0.83	-1.36
Sortino ratio: Return per unit of downside risk	-0.41	1.92	-2.33
Omega ratio: Gain probability vs. loss probability	0.95	1.22	-0.26
Calmar ratio: Return relative to maximum drawdown	-0.73	1.66	-2.39
Martin ratio: Return relative to average drawdown	-1.18	3.34	-4.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEAM vs. RCAT - Sharpe Ratio Comparison

The current FEAM Sharpe Ratio is -0.53, which is lower than the RCAT Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FEAM and RCAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FEAM	RCAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.53	0.83	-1.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.70	-0.06	-0.64

Drawdowns

FEAM vs. RCAT - Drawdown Comparison

The maximum FEAM drawdown since its inception was -99.84%, roughly equal to the maximum RCAT drawdown of -99.76%. Use the drawdown chart below to compare losses from any high point for FEAM and RCAT.

Drawdown Indicators

	FEAM	RCAT	Difference
Max Drawdown Largest peak-to-trough decline	-99.84%	-99.76%	-0.08%
Max Drawdown (1Y) Largest decline over 1 year	-82.66%	-60.08%	-22.58%
Max Drawdown (3Y) Largest decline over 3 years	-98.85%	-67.16%	-31.69%
Max Drawdown (5Y) Largest decline over 5 years	—	-92.25%	—
Current Drawdown Current decline from peak	-99.77%	-91.73%	-8.04%
Average Drawdown Average peak-to-trough decline	-86.37%	-95.53%	+9.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.23%	29.75%	+21.48%

Volatility

FEAM vs. RCAT - Volatility Comparison

The current volatility for 5E Advanced Materials Inc (FEAM) is 35.53%, while Red Cat Holdings, Inc. (RCAT) has a volatility of 38.59%. This indicates that FEAM experiences smaller price fluctuations and is considered to be less risky than RCAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEAM	RCAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.53%	38.59%	-3.06%
Volatility (6M) Calculated over the trailing 6-month period	72.61%	83.20%	-10.59%
Volatility (1Y) Calculated over the trailing 1-year period	113.39%	120.70%	-7.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.54%	114.95%	-5.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.54%	239.60%	-130.06%

Dividends

FEAM vs. RCAT - Dividend Comparison

Neither FEAM nor RCAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both FEAM and RCAT in my portfolio?

FEAM and RCAT have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEAM or RCAT?

RCAT has higher volatility (38.59%) compared to FEAM (35.53%). In terms of maximum drawdown, FEAM dropped -99.84% vs RCAT's -99.76%.

Which has better risk-adjusted returns?

RCAT currently has the higher Sharpe Ratio (0.83 vs -0.53), 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.