PRE.L vs. RSHO

Last updated Apr 1, 2026

Compare and contrast key facts about Pensana Rare Earths PLC (PRE.L) and Tema American Reshoring ETF (RSHO).

RSHO is an actively managed fund by Tema. It was launched on May 10, 2023.

Performance

PRE.L vs. RSHO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Pensana Rare Earths PLC (PRE.L) and Tema American Reshoring ETF (RSHO). The values are adjusted to include any dividend payments, if applicable.

PRE.L vs. RSHO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PRE.L Pensana Rare Earths PLC	2.94%	275.37%	8.53%	-25.17%
RSHO Tema American Reshoring ETF	16.12%	10.73%	19.33%	26.01%

Different Trading Currencies

PRE.L is traded in GBp, while RSHO is traded in USD. To make them comparable, the RSHO values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, PRE.L achieves a 2.94% return, which is significantly lower than RSHO's 16.12% return.

PRE.L

• 1D: 2.48%
• 1M: -21.55%
• YTD: 2.94%
• 6M: -34.53%
• 1Y: 311.76%
• 3Y*: 32.41%
• 5Y*: -9.15%
• 10Y*: —

RSHO

• 1D: 1.51%
• 1M: -6.65%
• YTD: 16.12%
• 6M: 19.81%
• 1Y: 45.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

PRE.L vs. RSHO — Risk / Return Rank

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

PRE.L

PRE.L Risk / Return Rank: 93
PRE.L Sharpe Ratio Rank: 98
PRE.L Sortino Ratio Rank: 95
PRE.L Omega Ratio Rank: 89
PRE.L Calmar Ratio Rank: 94
PRE.L Martin Ratio Rank: 88

RSHO

RSHO Risk / Return Rank: 88
RSHO Sharpe Ratio Rank: 87
RSHO Sortino Ratio Rank: 90
RSHO Omega Ratio Rank: 84
RSHO Calmar Ratio Rank: 91
RSHO Martin Ratio Rank: 90

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.

PRE.L vs. RSHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pensana Rare Earths PLC (PRE.L) and Tema American Reshoring ETF (RSHO). 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.

	PRE.L	RSHO	Difference
Sharpe ratio Return per unit of total volatility	3.46	1.77	+1.69
Sortino ratio Return per unit of downside risk	3.55	2.44	+1.11
Omega ratio Gain probability vs. loss probability	1.39	1.34	+0.06
Calmar ratio Return relative to maximum drawdown	5.54	3.63	+1.91
Martin ratio Return relative to average drawdown	9.53	11.71	-2.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRE.L vs. RSHO - Sharpe Ratio Comparison

The current PRE.L Sharpe Ratio is 3.46, which is higher than the RSHO Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of PRE.L and RSHO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PRE.L	RSHO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.46	1.77	+1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	1.20	-0.94

Correlation

The correlation between PRE.L and RSHO is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PRE.L vs. RSHO - Dividend Comparison

PRE.L has not paid dividends to shareholders, while RSHO's dividend yield for the trailing twelve months is around 0.26%.

	TTM	2025	2024	2023
PRE.L Pensana Rare Earths PLC	0.00%	0.00%	0.00%	0.00%
RSHO Tema American Reshoring ETF	0.26%	0.30%	0.26%	0.25%

Drawdowns

PRE.L vs. RSHO - Drawdown Comparison

The maximum PRE.L drawdown since its inception was -93.56%, which is greater than RSHO's maximum drawdown of -28.47%. Use the drawdown chart below to compare losses from any high point for PRE.L and RSHO.

Drawdown Indicators

	PRE.L	RSHO	Difference
Max Drawdown Largest peak-to-trough decline	-93.56%	-27.31%	-66.25%
Max Drawdown (1Y) Largest decline over 1 year	-53.37%	-14.64%	-38.73%
Max Drawdown (5Y) Largest decline over 5 years	-92.67%	—	—
Current Drawdown Current decline from peak	-55.61%	-8.85%	-46.76%
Average Drawdown Average peak-to-trough decline	-63.85%	-4.44%	-59.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.02%	3.99%	+27.03%

Volatility

PRE.L vs. RSHO - Volatility Comparison

Pensana Rare Earths PLC (PRE.L) has a higher volatility of 19.36% compared to Tema American Reshoring ETF (RSHO) at 9.97%. This indicates that PRE.L's price experiences larger fluctuations and is considered to be riskier than RSHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRE.L	RSHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.36%	9.97%	+9.39%
Volatility (6M) Calculated over the trailing 6-month period	56.97%	17.15%	+39.82%
Volatility (1Y) Calculated over the trailing 1-year period	89.57%	25.65%	+63.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.40%	21.46%	+64.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.15%	21.46%	+68.69%