SKE vs. AENT

Last updated Jun 4, 2026

SKE (Skeena Resources Ltd) and AENT (Alliance Entertainment Holding Corporation Class A Common Stock) are both stocks. SKE operates in Other Industrial Metals & Mining (Basic Materials), while AENT operates in Entertainment (Communication Services). Over the past 5 years, SKE returned 19.08%/yr vs -10.63%/yr for AENT. At a 0.03 correlation, their price movements are largely independent.

Performance

SKE vs. AENT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Skeena Resources Ltd (SKE) and Alliance Entertainment Holding Corporation Class A Common Stock (AENT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SKE achieves a 22.71% return, which is significantly higher than AENT's -31.44% return.

SKE

• 1D: -5.85%
• 1M: -1.02%
• YTD: 22.71%
• 6M: 40.20%
• 1Y: 103.21%
• 3Y*: 75.47%
• 5Y*: 19.08%
• 10Y*: —

AENT

• 1D: -4.15%
• 1M: -25.74%
• YTD: -31.44%
• 6M: -19.59%
• 1Y: 56.50%
• 3Y*: 22.69%
• 5Y*: -10.63%
• 10Y*: —

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

SKE vs. AENT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SKE Skeena Resources Ltd	22.71%	172.13%	78.69%	-8.27%	-48.99%	9.10%
AENT Alliance Entertainment Holding Corporation Class A Common Stock	-31.44%	-10.82%	876.08%	-90.88%	3.98%	0.41%

Correlation

The correlation between SKE and AENT is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021	0.03

Fundamentals

Market Cap SKE : $3.54B AENT : $281.64B
EPS SKE : -$2.12 AENT : $0.00
PB Ratio SKE : 19.59 AENT : 2.35K
Total Revenue (TTM) SKE : $0.00 AENT : $1.11B
Gross Profit (TTM) SKE : -$1.29M AENT : $150.69M
EBITDA (TTM) SKE : -$109.58M AENT : $46.47M

Return for Risk

SKE vs. AENT — Risk / Return Rank

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

SKE

SKE Risk / Return Rank: 82
SKE Sharpe Ratio Rank: 86
SKE Sortino Ratio Rank: 79
SKE Omega Ratio Rank: 78
SKE Calmar Ratio Rank: 85
SKE Martin Ratio Rank: 84

AENT

AENT Risk / Return Rank: 66
AENT Sharpe Ratio Rank: 65
AENT Sortino Ratio Rank: 67
AENT Omega Ratio Rank: 63
AENT Calmar Ratio Rank: 66
AENT Martin Ratio Rank: 69

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.

SKE vs. AENT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Skeena Resources Ltd (SKE) and Alliance Entertainment Holding Corporation Class A Common Stock (AENT). 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.

	SKE	AENT	Difference
Sharpe ratio Return per unit of total volatility	1.80	0.71	+1.09
Sortino ratio Return per unit of downside risk	2.25	1.57	+0.68
Omega ratio Gain probability vs. loss probability	1.29	1.18	+0.10
Calmar ratio Return relative to maximum drawdown	3.34	1.26	+2.08
Martin ratio Return relative to average drawdown	8.34	3.52	+4.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SKE vs. AENT - Sharpe Ratio Comparison

The current SKE Sharpe Ratio is 1.80, which is higher than the AENT Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of SKE and AENT, 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

	SKE	AENT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	0.71	+1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	-0.12	+0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	-0.12	+0.31

Drawdowns

SKE vs. AENT - Drawdown Comparison

The maximum SKE drawdown since its inception was -75.69%, smaller than the maximum AENT drawdown of -92.91%. Use the drawdown chart below to compare losses from any high point for SKE and AENT.

Drawdown Indicators

	SKE	AENT	Difference
Max Drawdown Largest peak-to-trough decline	-75.69%	-92.91%	+17.22%
Max Drawdown (1Y) Largest decline over 1 year	-31.09%	-45.20%	+14.11%
Max Drawdown (3Y) Largest decline over 3 years	-39.55%	-81.85%	+42.30%
Max Drawdown (5Y) Largest decline over 5 years	-75.69%	-92.91%	+17.22%
Current Drawdown Current decline from peak	-23.61%	-47.24%	+23.63%
Average Drawdown Average peak-to-trough decline	-34.41%	-40.30%	+5.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.42%	16.09%	-3.67%

Volatility

SKE vs. AENT - Volatility Comparison

The current volatility for Skeena Resources Ltd (SKE) is 17.91%, while Alliance Entertainment Holding Corporation Class A Common Stock (AENT) has a volatility of 19.92%. This indicates that SKE experiences smaller price fluctuations and is considered to be less risky than AENT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SKE	AENT	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.91%	19.92%	-2.01%
Volatility (6M) Calculated over the trailing 6-month period	43.20%	50.54%	-7.34%
Volatility (1Y) Calculated over the trailing 1-year period	57.79%	82.65%	-24.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.98%	91.11%	-33.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	387.49%	89.39%	+298.10%

Dividends

SKE vs. AENT - Dividend Comparison

Neither SKE nor AENT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SKE and AENT in my portfolio?

SKE and AENT have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SKE or AENT?

AENT has higher volatility (19.92%) compared to SKE (17.91%). In terms of maximum drawdown, SKE dropped -75.69% vs AENT's -92.91%.

Which has better risk-adjusted returns?

SKE currently has the higher Sharpe Ratio (1.80 vs 0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.