NEO.TO vs. UCU.V

Last updated Jun 9, 2026

NEO.TO (Neo Performance Materials Inc.) and UCU.V (Ucore Rare Metals Inc) are both stocks. Both are in the Basic Materials sector — NEO.TO in Specialty Chemicals, UCU.V in Other Industrial Metals & Mining. Over the past 5 years, NEO.TO returned 16.08%/yr vs 34.92%/yr for UCU.V. At a 0.10 correlation, their price movements are largely independent.

Performance

NEO.TO vs. UCU.V - Performance Comparison

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

Returns By Period

In the year-to-date period, NEO.TO achieves a 106.26% return, which is significantly higher than UCU.V's -4.04% 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*: —

UCU.V

• 1D: -2.24%
• 1M: -2.97%
• YTD: -4.04%
• 6M: -24.20%
• 1Y: 296.21%
• 3Y*: 67.15%
• 5Y*: 34.92%
• 10Y*: 5.28%

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

NEO.TO vs. UCU.V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEO.TO Neo Performance Materials Inc.	106.26%	101.35%	10.42%	-16.66%	-51.09%	50.37%	16.30%	-17.14%	-12.01%	2.46%
UCU.V Ucore Rare Metals Inc	-4.04%	626.67%	-13.79%	27.94%	-6.85%	-38.14%	-47.56%	162.96%	-52.08%	-0.00%

Correlation

The correlation between NEO.TO and UCU.V is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Dec 8, 2017	0.10

Over the past year, NEO.TO and UCU.V have become more correlated (0.39) than their long-term average of 0.10, meaning their price movements have been converging.

Fundamentals

Market Cap NEO.TO : CA$1.33B UCU.V : CA$595.19M
EPS NEO.TO : -CA$0.24 UCU.V : -CA$0.40
PB Ratio NEO.TO : 3.48 UCU.V : 8.40
Total Revenue (TTM) NEO.TO : CA$511.45M UCU.V : CA$0.00
Gross Profit (TTM) NEO.TO : CA$147.42M UCU.V : -CA$1.84M
EBITDA (TTM) NEO.TO : CA$61.97M UCU.V : -CA$31.97M

Return for Risk

NEO.TO vs. UCU.V — 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

UCU.V

UCU.V Risk / Return Rank: 89
UCU.V Sharpe Ratio Rank: 92
UCU.V Sortino Ratio Rank: 89
UCU.V Omega Ratio Rank: 85
UCU.V Calmar Ratio Rank: 92
UCU.V Martin Ratio Rank: 85

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. UCU.V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and Ucore Rare Metals Inc (UCU.V). 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	UCU.V	Difference
Sharpe ratio: Return per unit of total volatility	3.09	2.44	+0.65
Sortino ratio: Return per unit of downside risk	3.13	3.03	+0.09
Omega ratio: Gain probability vs. loss probability	1.42	1.35	+0.07
Calmar ratio: Return relative to maximum drawdown	6.00	5.06	+0.94
Martin ratio: Return relative to average drawdown	12.49	8.03	+4.46
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. UCU.V - Sharpe Ratio Comparison

The current NEO.TO Sharpe Ratio is 3.09, which is comparable to the UCU.V Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of NEO.TO and UCU.V, 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	UCU.V	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.09	2.44	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.40	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.01	+0.20

Drawdowns

NEO.TO vs. UCU.V - Drawdown Comparison

The maximum NEO.TO drawdown since its inception was -72.44%, smaller than the maximum UCU.V drawdown of -98.60%. Use the drawdown chart below to compare losses from any high point for NEO.TO and UCU.V.

Drawdown Indicators

	NEO.TO	UCU.V	Difference
Max Drawdown Largest peak-to-trough decline	-72.44%	-98.60%	+26.16%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-59.01%	+26.18%
Max Drawdown (3Y) Largest decline over 3 years	-37.56%	-59.01%	+21.45%
Max Drawdown (5Y) Largest decline over 5 years	-72.44%	-65.81%	-6.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.62%	—
Current Drawdown Current decline from peak	-10.53%	-60.73%	+50.20%
Average Drawdown Average peak-to-trough decline	-34.93%	-80.87%	+45.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.74%	37.10%	-21.36%

Volatility

NEO.TO vs. UCU.V - Volatility Comparison

Neo Performance Materials Inc. (NEO.TO) and Ucore Rare Metals Inc (UCU.V) have volatilities of 24.69% and 25.95%, 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.

Volatility by Period

	NEO.TO	UCU.V	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.69%	25.95%	-1.26%
Volatility (6M) Calculated over the trailing 6-month period	44.28%	69.56%	-25.28%
Volatility (1Y) Calculated over the trailing 1-year period	63.94%	122.63%	-58.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.45%	87.21%	-33.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.37%	92.83%	-40.46%

Dividends

NEO.TO vs. UCU.V - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NEO.TO Neo Performance Materials Inc.	1.25%	2.57%	5.01%	5.24%	4.17%	1.97%	2.90%	3.20%	2.47%
UCU.V Ucore Rare Metals Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

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

NEO.TO and UCU.V have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.