NEO.TO vs. APLE

Last updated Jun 4, 2026

NEO.TO (Neo Performance Materials Inc.) and APLE (Apple Hospitality REIT, Inc.) are both stocks. NEO.TO operates in Specialty Chemicals (Basic Materials), while APLE operates in REIT - Hotel & Motel (Real Estate). Over the past 5 years, NEO.TO returned 18.62%/yr vs 7.75%/yr for APLE. At a 0.19 correlation, their price movements are largely independent.

Performance

NEO.TO vs. APLE - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Neo Performance Materials Inc. (NEO.TO) and Apple Hospitality REIT, Inc. (APLE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NEO.TO is traded in CAD, while APLE is traded in USD. To make them comparable, the APLE values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NEO.TO achieves a 121.43% return, which is significantly higher than APLE's 33.98% return.

NEO.TO

• 1D: -3.95%
• 1M: 25.04%
• YTD: 121.43%
• 6M: 105.18%
• 1Y: 267.08%
• 3Y*: 67.10%
• 5Y*: 18.62%
• 10Y*: —

APLE

• 1D: 2.09%
• 1M: 18.36%
• YTD: 33.98%
• 6M: 33.23%
• 1Y: 43.18%
• 3Y*: 8.22%
• 5Y*: 7.75%
• 10Y*: 4.18%

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

NEO.TO vs. APLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEO.TO Neo Performance Materials Inc.	121.43%	101.35%	10.42%	-16.66%	-51.09%	50.37%	16.30%	-16.40%	-12.01%	1.70%
APLE Apple Hospitality REIT, Inc.	33.98%	-20.43%	7.22%	9.84%	9.70%	24.29%	-20.28%	15.98%	-15.00%	-2.72%

Correlation

The correlation between NEO.TO and APLE 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	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since Dec 11, 2017	0.19

Fundamentals

Market Cap NEO.TO : CA$1.43B APLE : $3.59B
EPS NEO.TO : -CA$0.24 APLE : $0.72
PS Ratio NEO.TO : 2.86 APLE : 2.53
PB Ratio NEO.TO : 3.74 APLE : 1.15
Total Revenue (TTM) NEO.TO : CA$511.45M APLE : $1.42B
Gross Profit (TTM) NEO.TO : CA$147.42M APLE : $673.26M
EBITDA (TTM) NEO.TO : CA$61.97M APLE : $388.53M

Return for Risk

NEO.TO vs. APLE — Risk / Return Rank

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

NEO.TO

NEO.TO Risk / Return Rank: 95
NEO.TO Sharpe Ratio Rank: 98
NEO.TO Sortino Ratio Rank: 93
NEO.TO Omega Ratio Rank: 93
NEO.TO Calmar Ratio Rank: 96
NEO.TO Martin Ratio Rank: 94

APLE

APLE Risk / Return Rank: 83
APLE Sharpe Ratio Rank: 85
APLE Sortino Ratio Rank: 85
APLE Omega Ratio Rank: 79
APLE Calmar Ratio Rank: 82
APLE Martin Ratio Rank: 81

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.

NEO.TO vs. APLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and Apple Hospitality REIT, Inc. (APLE). 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	APLE	Difference
Sharpe ratio Return per unit of total volatility	4.22	1.93	+2.29
Sortino ratio Return per unit of downside risk	3.73	2.83	+0.90
Omega ratio Gain probability vs. loss probability	1.50	1.32	+0.19
Calmar ratio Return relative to maximum drawdown	8.19	3.62	+4.58
Martin ratio Return relative to average drawdown	17.10	8.01	+9.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NEO.TO vs. APLE - Sharpe Ratio Comparison

The current NEO.TO Sharpe Ratio is 4.22, which is higher than the APLE Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of NEO.TO and APLE, 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

	NEO.TO	APLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.22	1.93	+2.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.30	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.17	+0.06

Drawdowns

NEO.TO vs. APLE - Drawdown Comparison

The maximum NEO.TO drawdown since its inception was -72.44%, which is greater than APLE's maximum drawdown of -67.89%. Use the drawdown chart below to compare losses from any high point for NEO.TO and APLE.

Drawdown Indicators

	NEO.TO	APLE	Difference
Max Drawdown Largest peak-to-trough decline	-72.44%	-67.89%	-4.55%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-12.00%	-20.83%
Max Drawdown (3Y) Largest decline over 3 years	-37.56%	-32.36%	-5.20%
Max Drawdown (5Y) Largest decline over 5 years	-72.44%	-32.36%	-40.08%
Max Drawdown (10Y) Largest decline over 10 years	—	-67.89%	—
Current Drawdown Current decline from peak	-3.95%	0.00%	-3.95%
Average Drawdown Average peak-to-trough decline	-34.85%	-11.97%	-22.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.70%	5.41%	+10.29%

Volatility

NEO.TO vs. APLE - Volatility Comparison

Neo Performance Materials Inc. (NEO.TO) has a higher volatility of 23.09% compared to Apple Hospitality REIT, Inc. (APLE) at 8.13%. This indicates that NEO.TO's price experiences larger fluctuations and is considered to be riskier than APLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEO.TO	APLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.09%	8.13%	+14.96%
Volatility (6M) Calculated over the trailing 6-month period	43.40%	16.88%	+26.52%
Volatility (1Y) Calculated over the trailing 1-year period	63.72%	22.50%	+41.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.33%	25.69%	+27.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.32%	32.95%	+19.37%

Dividends

NEO.TO vs. APLE - Dividend Comparison

NEO.TO's dividend yield for the trailing twelve months is around 1.17%, less than APLE's 6.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APLE Apple Hospitality REIT, Inc.	6.32%	8.10%	6.58%	6.08%	4.82%	0.25%	2.32%	6.77%	9.12%	5.61%	6.01%	4.01%
NEO.TO Neo Performance Materials Inc.	1.17%	2.57%	5.01%	5.24%	4.17%	1.97%	2.90%	4.01%	2.47%	0.00%	0.00%	0.00%

Financials

NEO.TO vs. APLE - Profitability Comparison

The chart below illustrates the profitability comparison between Neo Performance Materials Inc. and Apple Hospitality REIT, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

APLE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apple Hospitality REIT, Inc. reported a gross profit of 249.08M and revenue of 337.74M. Therefore, the gross margin over that period was 73.8%.

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%.

APLE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apple Hospitality REIT, Inc. reported an operating income of 48.01M and revenue of 337.74M, resulting in an operating margin of 14.2%.

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%.

APLE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apple Hospitality REIT, Inc. reported a net income of 27.70M and revenue of 337.74M, resulting in a net margin of 8.2%.

Frequently Asked Questions

Can I hold both NEO.TO and APLE in my portfolio?

NEO.TO and APLE 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.