NEO.TO vs. APLD
Compare and contrast key facts about Neo Performance Materials Inc. (NEO.TO) and Applied Digital Corporation (APLD).
Performance
NEO.TO vs. APLD - Performance Comparison
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NEO.TO vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 43.73% | 101.35% | 10.42% | -16.66% | -51.09% | 50.37% | 16.30% | -16.40% | -12.01% | 1.70% |
APLD Applied Digital Corporation | 1.14% | 206.22% | 23.09% | 258.24% | -92.16% | 11,682.43% | 376.18% | -37.11% | 78.98% | 0.44% |
Different Trading Currencies
NEO.TO is traded in CAD, while APLD is traded in USD. To make them comparable, the APLD values have been converted to CAD using the latest available exchange rates.
Fundamentals
NEO.TO:
CA$926.41M
APLD:
$6.53B
NEO.TO:
-CA$0.24
APLD:
-$0.51
NEO.TO:
1.99
APLD:
20.97
NEO.TO:
2.38
APLD:
4.50
NEO.TO:
CA$480.64M
APLD:
$281.74M
NEO.TO:
CA$130.41M
APLD:
$46.19M
NEO.TO:
CA$38.99M
APLD:
-$49.02M
Returns By Period
In the year-to-date period, NEO.TO achieves a 43.73% return, which is significantly higher than APLD's 1.14% return.
NEO.TO
- 1D
- 1.32%
- 1M
- -19.00%
- YTD
- 43.73%
- 6M
- 14.83%
- 1Y
- 158.80%
- 3Y*
- 39.68%
- 5Y*
- 5.41%
- 10Y*
- —
APLD
- 1D
- 3.02%
- 1M
- -10.89%
- YTD
- 1.14%
- 6M
- -2.31%
- 1Y
- 290.70%
- 3Y*
- 124.01%
- 5Y*
- 81.43%
- 10Y*
- 77.63%
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Return for Risk
NEO.TO vs. APLD — Risk / Return Rank
NEO.TO
APLD
NEO.TO vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and Applied Digital Corporation (APLD). 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 | APLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.50 | 2.34 | +0.16 |
Sortino ratioReturn per unit of downside risk | 2.87 | 3.04 | -0.16 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.38 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 5.02 | 6.55 | -1.53 |
Martin ratioReturn relative to average drawdown | 10.46 | 14.48 | -4.02 |
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 | APLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 2.34 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.44 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.34 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.09 | +0.03 |
Correlation
The correlation between NEO.TO and APLD is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
NEO.TO vs. APLD - Dividend Comparison
NEO.TO's dividend yield for the trailing twelve months is around 1.80%, while APLD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 1.80% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 4.01% | 2.47% |
APLD Applied Digital Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NEO.TO vs. APLD - Drawdown Comparison
The maximum NEO.TO drawdown since its inception was -72.44%, smaller than the maximum APLD drawdown of -99.43%. Use the drawdown chart below to compare losses from any high point for NEO.TO and APLD.
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Drawdown Indicators
| NEO.TO | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.44% | -99.70% | +27.26% |
Max Drawdown (1Y)Largest decline over 1 year | -32.83% | -50.31% | +17.48% |
Max Drawdown (5Y)Largest decline over 5 years | -72.44% | -97.10% | +24.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -97.10% | — |
Current DrawdownCurrent decline from peak | -20.75% | -40.77% | +20.02% |
Average DrawdownAverage peak-to-trough decline | -35.38% | -84.02% | +48.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.76% | 21.94% | -6.18% |
Volatility
NEO.TO vs. APLD - Volatility Comparison
The current volatility for Neo Performance Materials Inc. (NEO.TO) is 21.69%, while Applied Digital Corporation (APLD) has a volatility of 31.86%. This indicates that NEO.TO experiences smaller price fluctuations and is considered to be less risky than APLD 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 | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.69% | 31.86% | -10.17% |
Volatility (6M)Calculated over the trailing 6-month period | 50.35% | 77.33% | -26.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.98% | 125.53% | -61.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.47% | 186.80% | -134.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.93% | 295.04% | -243.11% |
Financials
NEO.TO vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Neo Performance Materials Inc. and Applied Digital Corporation. 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. APLD - Profitability Comparison
NEO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Neo Performance Materials Inc. reported a gross profit of 34.48M and revenue of 122.12M. Therefore, the gross margin over that period was 28.2%.
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Applied Digital Corporation reported a gross profit of 26.04M and revenue of 126.59M. Therefore, the gross margin over that period was 20.6%.
NEO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Neo Performance Materials Inc. reported an operating income of 5.68M and revenue of 122.12M, resulting in an operating margin of 4.7%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Applied Digital Corporation reported an operating income of -30.96M and revenue of 126.59M, resulting in an operating margin of -24.5%.
NEO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Neo Performance Materials Inc. reported a net income of -15.88M and revenue of 122.12M, resulting in a net margin of -13.0%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Applied Digital Corporation reported a net income of -17.51M and revenue of 126.59M, resulting in a net margin of -13.8%.