NEO.TO vs. AII.TO
NEO.TO (Neo Performance Materials Inc.) and AII.TO (Almonty Industries Inc.) are both stocks. Both are in the Basic Materials sector — NEO.TO in Specialty Chemicals, AII.TO in Other Industrial Metals & Mining. Over the past 5 years, NEO.TO returned 16.08%/yr vs 66.38%/yr for AII.TO. At a 0.11 correlation, their price movements are largely independent.
Performance
NEO.TO vs. AII.TO - Performance Comparison
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Returns By Period
In the year-to-date period, NEO.TO achieves a 106.26% return, which is significantly higher than AII.TO's 90.14% return.
NEO.TO
- 1D
- 3.43%
- 1M
- 9.90%
- YTD
- 106.26%
- 6M
- 93.76%
- 1Y
- 195.65%
- 3Y*
- 63.99%
- 5Y*
- 16.08%
- 10Y*
- —
AII.TO
- 1D
- 1.10%
- 1M
- -14.62%
- YTD
- 90.14%
- 6M
- 109.97%
- 1Y
- 391.96%
- 3Y*
- 191.14%
- 5Y*
- 66.38%
- 10Y*
- 48.17%
NEO.TO vs. AII.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 106.26% | 101.35% | 10.42% | -16.66% | -51.09% | 50.37% | 16.30% | -17.14% | -12.01% | 2.46% |
AII.TO Almonty Industries Inc. | 90.14% | 784.25% | 68.52% | -20.59% | -23.60% | 39.06% | 52.38% | -35.38% | 18.18% | 7.84% |
Correlation
The correlation between NEO.TO and AII.TO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2017 | 0.11 |
Over the past year, NEO.TO and AII.TO have become more correlated (0.34) than their long-term average of 0.11, meaning their price movements have been converging.
Fundamentals
NEO.TO:
CA$1.33B
AII.TO:
CA$6.39B
NEO.TO:
-CA$0.24
AII.TO:
-CA$0.57
NEO.TO:
2.66
AII.TO:
106.45
NEO.TO:
3.48
AII.TO:
17.93
NEO.TO:
CA$511.45M
AII.TO:
CA$50.01M
NEO.TO:
CA$147.42M
AII.TO:
CA$14.63M
NEO.TO:
CA$61.97M
AII.TO:
-CA$120.84M
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Return for Risk
NEO.TO vs. AII.TO — Risk / Return Rank
NEO.TO
AII.TO
NEO.TO vs. AII.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and Almonty Industries Inc. (AII.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.
| NEO.TO | AII.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.44 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 6.00 | 7.21 | -1.21 |
| Martin ratioReturn relative to average drawdown | 12.49 | 15.41 | -2.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEO.TO | AII.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.09 | 3.47 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.90 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.30 | -0.09 |
Drawdowns
NEO.TO vs. AII.TO - Drawdown Comparison
The maximum NEO.TO drawdown since its inception was -72.44%, smaller than the maximum AII.TO drawdown of -80.14%. Use the drawdown chart below to compare losses from any high point for NEO.TO and AII.TO.
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Drawdown Indicators
| NEO.TO | AII.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.44% | -80.14% | +7.70% |
Max Drawdown (1Y)Largest decline over 1 year | -32.83% | -54.79% | +21.96% |
Max Drawdown (3Y)Largest decline over 3 years | -37.56% | -54.79% | +17.23% |
Max Drawdown (5Y)Largest decline over 5 years | -72.44% | -64.17% | -8.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.52% | — |
Current DrawdownCurrent decline from peak | -10.53% | -28.44% | +17.91% |
Average DrawdownAverage peak-to-trough decline | -34.93% | -33.52% | -1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.74% | 25.59% | -9.85% |
Volatility
NEO.TO vs. AII.TO - Volatility Comparison
The current volatility for Neo Performance Materials Inc. (NEO.TO) is 24.69%, while Almonty Industries Inc. (AII.TO) has a volatility of 32.86%. This indicates that NEO.TO experiences smaller price fluctuations and is considered to be less risky than AII.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEO.TO | AII.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.69% | 32.86% | -8.17% |
Volatility (6M)Calculated over the trailing 6-month period | 44.28% | 68.55% | -24.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.94% | 113.99% | -50.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.45% | 74.41% | -20.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.37% | 75.21% | -22.84% |
Dividends
NEO.TO vs. AII.TO - Dividend Comparison
NEO.TO's dividend yield for the trailing twelve months is around 1.25%, while AII.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AII.TO Almonty Industries Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEO.TO Neo Performance Materials Inc. | 1.25% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
Financials
NEO.TO vs. AII.TO - Financials Comparison
This section allows you to compare key financial metrics between Neo Performance Materials Inc. and Almonty Industries 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
NEO.TO vs. AII.TO - Profitability Comparison
NEO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a gross profit of 47.82M and revenue of 152.42M. Therefore, the gross margin over that period was 31.4%.
AII.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Almonty Industries Inc. reported a gross profit of 13.01M and revenue of 25.40M. Therefore, the gross margin over that period was 51.2%.
NEO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported an operating income of 26.12M and revenue of 152.42M, resulting in an operating margin of 17.1%.
AII.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Almonty Industries Inc. reported an operating income of 2.24M and revenue of 25.40M, resulting in an operating margin of 8.8%.
NEO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a net income of -1.62M and revenue of 152.42M, resulting in a net margin of -1.1%.
AII.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Almonty Industries Inc. reported a net income of -5.26M and revenue of 25.40M, resulting in a net margin of -20.7%.
Frequently Asked Questions
NEO.TO and AII.TO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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