NEO.TO vs. ARRNF
NEO.TO (Neo Performance Materials Inc.) and ARRNF (American Rare Earths Limited) are both stocks. Both are in the Basic Materials sector — NEO.TO in Specialty Chemicals, ARRNF in Other Industrial Metals & Mining. Over the past 5 years, NEO.TO returned 22.66%/yr vs 70.25%/yr for ARRNF. At a 0.13 correlation, their price movements are largely independent.
Performance
NEO.TO vs. ARRNF - Performance Comparison
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Different Trading Currencies
NEO.TO is traded in CAD, while ARRNF is traded in USD. To make them comparable, the ARRNF 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 155.02% return, which is significantly higher than ARRNF's 25.01% return.
NEO.TO
- 1D
- 0.77%
- 1M
- 12.31%
- 6M
- 112.65%
- YTD
- 155.02%
- 1Y
- 136.29%
- 3Y*
- 72.18%
- 5Y*
- 22.66%
- 10Y*
- —
- ALL TIME*
- 13.68%
ARRNF
- 1D
- 1.77%
- 1M
- -5.56%
- 6M
- -7.45%
- YTD
- 25.01%
- 1Y
- 4.79%
- 3Y*
- 31.50%
- 5Y*
- 70.25%
- 10Y*
- —
- ALL TIME*
- 48.47%
NEO.TO vs. ARRNF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 155.02% | 101.35% | 10.42% | -16.66% | -51.09% | 50.37% | 65.41% |
ARRNF American Rare Earths Limited | 25.01% | 18.24% | 53.21% | -13.71% | 11.04% | 549.68% | -24.15% |
Correlation
The correlation between NEO.TO and ARRNF is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2020 | 0.13 |
The correlation between NEO.TO and ARRNF shifts across timeframes, from 0.13 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NEO.TO:
CA$1.65B
ARRNF:
$148.47M
NEO.TO:
-$0.24
ARRNF:
-A$0.02
NEO.TO:
3.05
ARRNF:
4.22
NEO.TO:
$511.45M
ARRNF:
-A$128.85K
NEO.TO:
$147.42M
ARRNF:
-A$385.87K
NEO.TO:
$61.97M
ARRNF:
-A$12.72M
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Return for Risk
NEO.TO vs. ARRNF — Risk / Return Rank
NEO.TO
ARRNF
NEO.TO vs. ARRNF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and American Rare Earths Limited (ARRNF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NEO.TO | ARRNF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.14 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 0.07 | +4.11 |
| Martin ratioReturn relative to average drawdown | 8.61 | 0.09 | +8.52 |
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Drawdowns
NEO.TO vs. ARRNF - Drawdown Comparison
The maximum NEO.TO drawdown since its inception was -72.44%, smaller than the maximum ARRNF drawdown of -81.55%. Use the drawdown chart below to compare losses from any high point for NEO.TO and ARRNF.
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Drawdown Indicators
| NEO.TO | ARRNF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.44% | -81.55% | +9.11% |
Max Drawdown (1Y)Largest decline over 1 year | -32.83% | -69.80% | +36.97% |
Max Drawdown (3Y)Largest decline over 3 years | -37.56% | -69.80% | +32.24% |
Max Drawdown (5Y)Largest decline over 5 years | -72.44% | -81.55% | +9.11% |
Current DrawdownCurrent decline from peak | -10.70% | -62.25% | +51.55% |
Average DrawdownAverage peak-to-trough decline | -34.49% | -45.46% | +10.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.90% | 53.69% | -37.79% |
Volatility
NEO.TO vs. ARRNF - Volatility Comparison
Neo Performance Materials Inc. (NEO.TO) has a higher volatility of 17.28% compared to American Rare Earths Limited (ARRNF) at 10.70%. This indicates that NEO.TO's price experiences larger fluctuations and is considered to be riskier than ARRNF 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 | ARRNF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.28% | 10.70% | +6.58% |
Volatility (6M)Calculated over the trailing 6-month period | 46.68% | 42.35% | +4.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.49% | 119.37% | -53.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.68% | 311.73% | -258.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.47% | 284.60% | -232.13% |
Dividends
NEO.TO vs. ARRNF - Dividend Comparison
NEO.TO's dividend yield for the trailing twelve months is around 1.02%, while ARRNF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ARRNF American Rare Earths Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEO.TO Neo Performance Materials Inc. | 1.02% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
Financials
NEO.TO vs. ARRNF - Financials Comparison
This section allows you to compare key financial metrics between Neo Performance Materials Inc. and American Rare Earths Limited. 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
Frequently Asked Questions
NEO.TO and ARRNF have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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