NEO.TO vs. TMQ
NEO.TO (Neo Performance Materials Inc.) and TMQ (Trilogy Metals Inc.) are both stocks. Both are in the Basic Materials sector — NEO.TO in Specialty Chemicals, TMQ in Other Industrial Metals & Mining. Over the past 5 years, NEO.TO returned 17.11%/yr vs 9.69%/yr for TMQ. At a 0.18 correlation, their price movements are largely independent.
Performance
NEO.TO vs. TMQ - Performance Comparison
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Different Trading Currencies
NEO.TO is traded in CAD, while TMQ is traded in USD. To make them comparable, the TMQ 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 116.40% return, which is significantly higher than TMQ's -6.97% return.
NEO.TO
- 1D
- 4.68%
- 1M
- 2.85%
- YTD
- 116.40%
- 6M
- 109.31%
- 1Y
- 186.63%
- 3Y*
- 63.70%
- 5Y*
- 17.11%
- 10Y*
- —
TMQ
- 1D
- 2.27%
- 1M
- -2.88%
- YTD
- -6.97%
- 6M
- -14.46%
- 1Y
- 223.09%
- 3Y*
- 94.32%
- 5Y*
- 9.69%
- 10Y*
- 24.46%
NEO.TO vs. TMQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 116.40% | 101.35% | 10.42% | -16.66% | -51.09% | 50.37% | 16.30% | -17.14% | -12.01% | 2.46% |
TMQ Trilogy Metals Inc. | -6.97% | 254.59% | 192.61% | -23.68% | -64.55% | -17.54% | -24.90% | 44.10% | 72.06% | 40.94% |
Correlation
The correlation between NEO.TO and TMQ is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2017 | 0.18 |
The correlation between NEO.TO and TMQ shifts across timeframes, from 0.18 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NEO.TO:
CA$1.40B
TMQ:
$675.73M
NEO.TO:
-$0.24
TMQ:
-$0.23
NEO.TO:
2.61
TMQ:
5.56
NEO.TO:
$511.45M
TMQ:
$0.00
NEO.TO:
$147.42M
TMQ:
$0.00
NEO.TO:
$61.97M
TMQ:
-$7.33M
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Return for Risk
NEO.TO vs. TMQ — Risk / Return Rank
NEO.TO
TMQ
NEO.TO vs. TMQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and Trilogy Metals Inc. (TMQ). 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 | TMQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.52 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 5.52 | 3.06 | +2.46 |
| Martin ratioReturn relative to average drawdown | 11.44 | 4.46 | +6.98 |
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Drawdowns
NEO.TO vs. TMQ - Drawdown Comparison
The maximum NEO.TO drawdown since its inception was -72.44%, smaller than the maximum TMQ drawdown of -94.90%. Use the drawdown chart below to compare losses from any high point for NEO.TO and TMQ.
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Drawdown Indicators
| NEO.TO | TMQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.44% | -94.90% | +22.46% |
Max Drawdown (1Y)Largest decline over 1 year | -32.83% | -70.28% | +37.45% |
Max Drawdown (3Y)Largest decline over 3 years | -37.56% | -70.28% | +32.72% |
Max Drawdown (5Y)Largest decline over 5 years | -72.44% | -83.79% | +11.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.47% | — |
Current DrawdownCurrent decline from peak | -6.13% | -63.10% | +56.97% |
Average DrawdownAverage peak-to-trough decline | -34.87% | -65.25% | +30.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.82% | 48.18% | -32.36% |
Volatility
NEO.TO vs. TMQ - Volatility Comparison
Neo Performance Materials Inc. (NEO.TO) and Trilogy Metals Inc. (TMQ) have volatilities of 26.26% and 25.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEO.TO | TMQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.26% | 25.08% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 45.29% | 60.53% | -15.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.47% | 235.44% | -170.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.64% | 128.36% | -74.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.44% | 101.08% | -48.64% |
Dividends
NEO.TO vs. TMQ - Dividend Comparison
NEO.TO's dividend yield for the trailing twelve months is around 1.19%, while TMQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 1.19% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
TMQ Trilogy Metals Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NEO.TO vs. TMQ - Financials Comparison
This section allows you to compare key financial metrics between Neo Performance Materials Inc. and Trilogy Metals 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
Frequently Asked Questions
NEO.TO and TMQ have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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