NANO.PA vs. AII.AX

Last updated Jun 4, 2026

NANO.PA (Nanobiotix S.A.) and AII.AX (Almonty Industries Inc.) are both stocks. NANO.PA operates in Biotechnology (Healthcare), while AII.AX operates in Other Industrial Metals & Mining (Basic Materials). Over the past 3 years, NANO.PA returned 84.74%/yr vs 205.21%/yr for AII.AX. At a 0.06 correlation, their price movements are largely independent.

Performance

NANO.PA vs. AII.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Nanobiotix S.A. (NANO.PA) and Almonty Industries Inc. (AII.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NANO.PA is traded in EUR, while AII.AX is traded in AUD. To make them comparable, the AII.AX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, NANO.PA achieves a 54.56% return, which is significantly lower than AII.AX's 135.73% return.

NANO.PA

• 1D: -3.58%
• 1M: 13.65%
• YTD: 54.56%
• 6M: 69.14%
• 1Y: 709.13%
• 3Y*: 84.74%
• 5Y*: 15.74%
• 10Y*: 4.80%

AII.AX

• 1D: 7.45%
• 1M: 0.17%
• YTD: 135.73%
• 6M: 199.06%
• 1Y: 536.47%
• 3Y*: 205.21%
• 5Y*: —
• 10Y*: —

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

NANO.PA vs. AII.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NANO.PA Nanobiotix S.A.	54.56%	544.84%	-54.46%	83.43%	-50.48%	-38.57%
AII.AX Almonty Industries Inc.	135.73%	768.37%	55.01%	-29.92%	-13.04%	-1.97%

Correlation

The correlation between NANO.PA and AII.AX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Aug 3, 2021	0.06

Return for Risk

NANO.PA vs. AII.AX — Risk / Return Rank

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

NANO.PA

NANO.PA Risk / Return Rank: 98
NANO.PA Sharpe Ratio Rank: 100
NANO.PA Sortino Ratio Rank: 98
NANO.PA Omega Ratio Rank: 96
NANO.PA Calmar Ratio Rank: 99
NANO.PA Martin Ratio Rank: 98

AII.AX

AII.AX Risk / Return Rank: 97
AII.AX Sharpe Ratio Rank: 99
AII.AX Sortino Ratio Rank: 96
AII.AX Omega Ratio Rank: 94
AII.AX Calmar Ratio Rank: 98
AII.AX Martin Ratio Rank: 97

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.

NANO.PA vs. AII.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nanobiotix S.A. (NANO.PA) and Almonty Industries Inc. (AII.AX). 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.

	NANO.PA	AII.AX	Difference
Sharpe ratio: Return per unit of total volatility	7.71	6.32	+1.40
Sortino ratio: Return per unit of downside risk	5.16	4.49	+0.66
Omega ratio: Gain probability vs. loss probability	1.62	1.56	+0.06
Calmar ratio: Return relative to maximum drawdown	15.20	12.52	+2.68
Martin ratio: Return relative to average drawdown	38.37	29.41	+8.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NANO.PA vs. AII.AX - Sharpe Ratio Comparison

The current NANO.PA Sharpe Ratio is 7.71, which is comparable to the AII.AX Sharpe Ratio of 6.32. The chart below compares the historical Sharpe Ratios of NANO.PA and AII.AX, 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

	NANO.PA	AII.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.71	6.32	+1.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	1.38	-1.21

Drawdowns

NANO.PA vs. AII.AX - Drawdown Comparison

The maximum NANO.PA drawdown since its inception was -93.21%, which is greater than AII.AX's maximum drawdown of -58.32%. Use the drawdown chart below to compare losses from any high point for NANO.PA and AII.AX.

Drawdown Indicators

	NANO.PA	AII.AX	Difference
Max Drawdown Largest peak-to-trough decline	-93.21%	-58.32%	-34.89%
Max Drawdown (1Y) Largest decline over 1 year	-45.36%	-42.12%	-3.24%
Max Drawdown (3Y) Largest decline over 3 years	-72.39%	-42.12%	-30.27%
Max Drawdown (5Y) Largest decline over 5 years	-88.56%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-92.39%	—	—
Current Drawdown Current decline from peak	-34.73%	-11.02%	-23.71%
Average Drawdown Average peak-to-trough decline	-48.91%	-24.22%	-24.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.08%	18.00%	+0.08%

Volatility

NANO.PA vs. AII.AX - Volatility Comparison

Nanobiotix S.A. (NANO.PA) has a higher volatility of 32.97% compared to Almonty Industries Inc. (AII.AX) at 22.51%. This indicates that NANO.PA's price experiences larger fluctuations and is considered to be riskier than AII.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NANO.PA	AII.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.97%	22.51%	+10.46%
Volatility (6M) Calculated over the trailing 6-month period	53.67%	60.39%	-6.72%
Volatility (1Y) Calculated over the trailing 1-year period	89.37%	83.82%	+5.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.22%	60.52%	+38.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.24%	60.52%	+18.72%

Dividends

NANO.PA vs. AII.AX - Dividend Comparison

Neither NANO.PA nor AII.AX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NANO.PA and AII.AX in my portfolio?

NANO.PA and AII.AX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.