NEO.TO vs. APXCF

Last updated Jun 9, 2026

NEO.TO (Neo Performance Materials Inc.) and APXCF (Apex Critical Metals Corp) are both stocks. Both are in the Basic Materials sector — NEO.TO in Specialty Chemicals, APXCF in Other Industrial Metals & Mining. Over the past year, NEO.TO returned 195.65% vs 91.40% for APXCF. At a 0.06 correlation, their price movements are largely independent.

Performance

NEO.TO vs. APXCF - Performance Comparison

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

Different Trading Currencies

NEO.TO is traded in CAD, while APXCF is traded in USD. To make them comparable, the APXCF 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 106.26% return, which is significantly higher than APXCF's -30.00% 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*: —

APXCF

• 1D: -3.45%
• 1M: -28.48%
• YTD: -30.00%
• 6M: -28.93%
• 1Y: 91.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEO.TO vs. APXCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NEO.TO Neo Performance Materials Inc.	106.26%	101.35%	-1.61%
APXCF Apex Critical Metals Corp	-30.00%	198.76%	33.24%

Correlation

The correlation between NEO.TO and APXCF is 0.07, 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	0.07
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024	0.06

Return for Risk

NEO.TO vs. APXCF — 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: 92
NEO.TO Sharpe Ratio Rank: 96
NEO.TO Sortino Ratio Rank: 90
NEO.TO Omega Ratio Rank: 90
NEO.TO Calmar Ratio Rank: 94
NEO.TO Martin Ratio Rank: 91

APXCF

APXCF Risk / Return Rank: 69
APXCF Sharpe Ratio Rank: 67
APXCF Sortino Ratio Rank: 74
APXCF Omega Ratio Rank: 71
APXCF Calmar Ratio Rank: 68
APXCF Martin Ratio Rank: 63

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. APXCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and Apex Critical Metals Corp (APXCF). 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	APXCF	Difference
Sharpe ratio: Return per unit of total volatility	3.09	0.80	+2.29
Sortino ratio: Return per unit of downside risk	3.13	1.89	+1.23
Omega ratio: Gain probability vs. loss probability	1.42	1.23	+0.19
Calmar ratio: Return relative to maximum drawdown	6.00	1.34	+4.66
Martin ratio: Return relative to average drawdown	12.49	2.19	+10.30
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. APXCF - Sharpe Ratio Comparison

The current NEO.TO Sharpe Ratio is 3.09, which is higher than the APXCF Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of NEO.TO and APXCF, 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	APXCF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.09	0.80	+2.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.55	-0.34

Drawdowns

NEO.TO vs. APXCF - Drawdown Comparison

The maximum NEO.TO drawdown since its inception was -72.44%, which is greater than APXCF's maximum drawdown of -68.79%. Use the drawdown chart below to compare losses from any high point for NEO.TO and APXCF.

Drawdown Indicators

	NEO.TO	APXCF	Difference
Max Drawdown Largest peak-to-trough decline	-72.44%	-68.79%	-3.65%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-68.79%	+35.96%
Max Drawdown (3Y) Largest decline over 3 years	-37.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-72.44%	—	—
Current Drawdown Current decline from peak	-10.53%	-68.79%	+58.26%
Average Drawdown Average peak-to-trough decline	-34.93%	-31.88%	-3.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.74%	41.88%	-26.14%

Volatility

NEO.TO vs. APXCF - Volatility Comparison

Neo Performance Materials Inc. (NEO.TO) has a higher volatility of 24.69% compared to Apex Critical Metals Corp (APXCF) at 23.25%. This indicates that NEO.TO's price experiences larger fluctuations and is considered to be riskier than APXCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEO.TO	APXCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.69%	23.25%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	44.28%	63.20%	-18.92%
Volatility (1Y) Calculated over the trailing 1-year period	63.94%	115.37%	-51.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.45%	128.80%	-75.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.37%	128.80%	-76.43%

Dividends

NEO.TO vs. APXCF - Dividend Comparison

NEO.TO's dividend yield for the trailing twelve months is around 1.25%, while APXCF has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
APXCF Apex Critical Metals Corp	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

Frequently Asked Questions

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

NEO.TO and APXCF have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.