TGB vs. USAR

Last updated Jun 5, 2026

TGB (Taseko Mines Limited) and USAR (USA Rare Earth, Inc) are both stocks. Both are in the Basic Materials sector — TGB in Copper, USAR in Other Industrial Metals & Mining. Over the past year, TGB returned 208.91% vs 161.84% for USAR. At a 0.12 correlation, their price movements are largely independent.

Performance

TGB vs. USAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Taseko Mines Limited (TGB) and USA Rare Earth, Inc (USAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TGB achieves a 34.81% return, which is significantly lower than USAR's 127.73% return.

TGB

• 1D: -1.93%
• 1M: 11.55%
• YTD: 34.81%
• 6M: 42.62%
• 1Y: 208.91%
• 3Y*: 75.98%
• 5Y*: 25.61%
• 10Y*: 30.44%

USAR

• 1D: -3.15%
• 1M: -1.17%
• YTD: 127.73%
• 6M: 55.03%
• 1Y: 161.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TGB vs. USAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TGB Taseko Mines Limited	34.81%	191.75%	38.57%	-4.11%
USAR USA Rare Earth, Inc	127.73%	3.66%	11.13%	2.58%

Correlation

The correlation between TGB and USAR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jul 18, 2023	0.12

Over the past year, TGB and USAR have become more correlated (0.33) than their long-term average of 0.12, meaning their price movements have been converging.

Fundamentals

EPS TGB : $0.05 USAR : -$4.85
PS Ratio TGB : 3.36 USAR : 7.27
Total Revenue (TTM) TGB : $768.31M USAR : $319.83M
Gross Profit (TTM) TGB : $240.15M USAR : $253.66M
EBITDA (TTM) TGB : $244.74M USAR : -$324.99M

Return for Risk

TGB vs. USAR — Risk / Return Rank

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

TGB

TGB Risk / Return Rank: 92
TGB Sharpe Ratio Rank: 95
TGB Sortino Ratio Rank: 91
TGB Omega Ratio Rank: 89
TGB Calmar Ratio Rank: 93
TGB Martin Ratio Rank: 93

USAR

USAR Risk / Return Rank: 77
USAR Sharpe Ratio Rank: 79
USAR Sortino Ratio Rank: 81
USAR Omega Ratio Rank: 74
USAR Calmar Ratio Rank: 78
USAR Martin Ratio Rank: 71

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.

TGB vs. USAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taseko Mines Limited (TGB) and USA Rare Earth, Inc (USAR). 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.

	TGB	USAR	Difference
Sharpe ratio: Return per unit of total volatility	3.23	1.33	+1.90
Sortino ratio: Return per unit of downside risk	3.32	2.37	+0.95
Omega ratio: Gain probability vs. loss probability	1.43	1.26	+0.17
Calmar ratio: Return relative to maximum drawdown	5.93	2.35	+3.58
Martin ratio: Return relative to average drawdown	16.28	3.90	+12.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TGB vs. USAR - Sharpe Ratio Comparison

The current TGB Sharpe Ratio is 3.23, which is higher than the USAR Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of TGB and USAR, 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

	TGB	USAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.23	1.33	+1.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.39	-0.41

Drawdowns

TGB vs. USAR - Drawdown Comparison

The maximum TGB drawdown since its inception was -98.58%, which is greater than USAR's maximum drawdown of -69.23%. Use the drawdown chart below to compare losses from any high point for TGB and USAR.

Drawdown Indicators

	TGB	USAR	Difference
Max Drawdown Largest peak-to-trough decline	-98.58%	-69.23%	-29.35%
Max Drawdown (1Y) Largest decline over 1 year	-35.47%	-69.23%	+33.76%
Max Drawdown (3Y) Largest decline over 3 years	-44.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-62.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-90.76%	—	—
Current Drawdown Current decline from peak	-44.51%	-29.94%	-14.57%
Average Drawdown Average peak-to-trough decline	-81.38%	-18.62%	-62.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.89%	41.66%	-28.77%

Volatility

TGB vs. USAR - Volatility Comparison

The current volatility for Taseko Mines Limited (TGB) is 22.39%, while USA Rare Earth, Inc (USAR) has a volatility of 29.45%. This indicates that TGB experiences smaller price fluctuations and is considered to be less risky than USAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TGB	USAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.39%	29.45%	-7.06%
Volatility (6M) Calculated over the trailing 6-month period	49.11%	80.80%	-31.69%
Volatility (1Y) Calculated over the trailing 1-year period	65.07%	122.95%	-57.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.52%	104.37%	-41.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.64%	104.37%	-38.73%

Dividends

TGB vs. USAR - Dividend Comparison

Neither TGB nor USAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TGB and USAR in my portfolio?

TGB and USAR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TGB or USAR?

USAR has higher volatility (29.45%) compared to TGB (22.39%). In terms of maximum drawdown, TGB dropped -98.58% vs USAR's -69.23%.

Which has better risk-adjusted returns?

TGB currently has the higher Sharpe Ratio (3.23 vs 1.33), 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.