TFPM vs. NEO.TO
TFPM (Triple Flag Precious Metals Corp) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both are in the Basic Materials sector — TFPM in Other Precious Metals & Mining, NEO.TO in Specialty Chemicals. Over the past 3 years, TFPM returned 27.53%/yr vs 61.67%/yr for NEO.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
TFPM vs. NEO.TO - Performance Comparison
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Different Trading Currencies
TFPM is traded in USD, while NEO.TO is traded in CAD. To make them comparable, the NEO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TFPM achieves a -14.02% return, which is significantly lower than NEO.TO's 102.57% return.
TFPM
- 1D
- 0.71%
- 1M
- -14.55%
- YTD
- -14.02%
- 6M
- -11.74%
- 1Y
- 19.81%
- 3Y*
- 27.53%
- 5Y*
- —
- 10Y*
- —
NEO.TO
- 1D
- 3.15%
- 1M
- 7.67%
- YTD
- 102.57%
- 6M
- 92.24%
- 1Y
- 189.76%
- 3Y*
- 61.67%
- 5Y*
- 12.85%
- 10Y*
- —
TFPM vs. NEO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TFPM Triple Flag Precious Metals Corp | -14.02% | 123.03% | 14.60% | -1.81% | 14.71% | 33.50% |
NEO.TO Neo Performance Materials Inc. | 102.57% | 110.98% | 1.80% | -14.63% | -54.01% | 16.03% |
Correlation
The correlation between TFPM and NEO.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | 0.19 |
Fundamentals
TFPM:
$5.90B
NEO.TO:
CA$1.33B
TFPM:
$1.51
NEO.TO:
-CA$0.24
TFPM:
12.92
NEO.TO:
2.66
TFPM:
2.74
NEO.TO:
3.48
TFPM:
$453.24M
NEO.TO:
CA$511.45M
TFPM:
$337.23M
NEO.TO:
CA$147.42M
TFPM:
$354.95M
NEO.TO:
CA$61.97M
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Return for Risk
TFPM vs. NEO.TO — Risk / Return Rank
TFPM
NEO.TO
TFPM vs. NEO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Triple Flag Precious Metals Corp (TFPM) and Neo Performance Materials Inc. (NEO.TO). 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.
| TFPM | NEO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.41 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.63 | 6.01 | -5.37 |
| Martin ratioReturn relative to average drawdown | 1.73 | 12.18 | -10.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TFPM | NEO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 3.00 | -2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.24 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.19 | +0.59 |
Drawdowns
TFPM vs. NEO.TO - Drawdown Comparison
The maximum TFPM drawdown since its inception was -36.48%, smaller than the maximum NEO.TO drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for TFPM and NEO.TO.
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Drawdown Indicators
| TFPM | NEO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.48% | -74.57% | +38.09% |
Max Drawdown (1Y)Largest decline over 1 year | -31.43% | -31.80% | +0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -31.43% | -38.53% | +7.10% |
Max Drawdown (5Y)Largest decline over 5 years | — | -74.57% | — |
Current DrawdownCurrent decline from peak | -30.94% | -11.20% | -19.74% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -37.11% | +23.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.48% | 15.64% | -4.16% |
Volatility
TFPM vs. NEO.TO - Volatility Comparison
The current volatility for Triple Flag Precious Metals Corp (TFPM) is 16.15%, while Neo Performance Materials Inc. (NEO.TO) has a volatility of 24.31%. This indicates that TFPM experiences smaller price fluctuations and is considered to be less risky than NEO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TFPM | NEO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.15% | 24.31% | -8.16% |
Volatility (6M)Calculated over the trailing 6-month period | 33.77% | 44.14% | -10.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.06% | 63.84% | -20.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.37% | 54.06% | -16.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.37% | 53.11% | -15.74% |
Dividends
TFPM vs. NEO.TO - Dividend Comparison
TFPM's dividend yield for the trailing twelve months is around 0.81%, less than NEO.TO's 1.25% yield.
| 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% |
TFPM Triple Flag Precious Metals Corp | 0.81% | 0.68% | 1.43% | 1.54% | 1.07% | 0.39% | 0.00% | 0.00% | 0.00% |
Financials
TFPM vs. NEO.TO - Financials Comparison
This section allows you to compare key financial metrics between Triple Flag Precious Metals Corp and Neo Performance Materials 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
TFPM vs. NEO.TO - Profitability Comparison
TFPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a gross profit of 104.35M and revenue of 144.96M. Therefore, the gross margin over that period was 72.0%.
NEO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a gross profit of 47.82M and revenue of 152.42M. Therefore, the gross margin over that period was 31.4%.
TFPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported an operating income of 97.00M and revenue of 144.96M, resulting in an operating margin of 66.9%.
NEO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported an operating income of 26.12M and revenue of 152.42M, resulting in an operating margin of 17.1%.
TFPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a net income of 115.31M and revenue of 144.96M, resulting in a net margin of 79.6%.
NEO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a net income of -1.62M and revenue of 152.42M, resulting in a net margin of -1.1%.
Frequently Asked Questions
TFPM and NEO.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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