TMRC vs. MTRN

Last updated Jun 3, 2026

TMRC (Texas Rare Earth Resources Corp) and MTRN (Materion Corporation) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 10 years, TMRC returned 25.57%/yr vs 25.48%/yr for MTRN. At a 0.06 correlation, their price movements are largely independent.

Performance

TMRC vs. MTRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Texas Rare Earth Resources Corp (TMRC) and Materion Corporation (MTRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMRC achieves a 91.15% return, which is significantly higher than MTRN's 85.30% return. Both investments have delivered pretty close results over the past 10 years, with TMRC having a 25.57% annualized return and MTRN not far behind at 25.48%.

TMRC

• 1D: 1.74%
• 1M: 6.36%
• YTD: 91.15%
• 6M: 40.76%
• 1Y: 80.00%
• 3Y*: 7.19%
• 5Y*: -11.62%
• 10Y*: 25.57%

MTRN

• 1D: 3.11%
• 1M: 22.28%
• YTD: 85.30%
• 6M: 88.67%
• 1Y: 206.76%
• 3Y*: 28.84%
• 5Y*: 24.32%
• 10Y*: 25.48%

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

TMRC vs. MTRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TMRC Texas Rare Earth Resources Corp	91.15%	144.74%	-41.84%	-67.01%	-33.83%	11.30%	43.90%	397.98%	17.62%	91.78%
MTRN Materion Corporation	85.30%	26.43%	-23.67%	49.41%	-4.25%	45.18%	8.08%	33.09%	-6.74%	23.94%

Correlation

The correlation between TMRC and MTRN is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.06

The correlation between TMRC and MTRN shifts across timeframes, from 0.06 (10 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TMRC : $95.67M MTRN : $4.83B
EPS TMRC : -$0.03 MTRN : $3.65
PB Ratio TMRC : 22.42 MTRN : 5.05
Total Revenue (TTM) TMRC : $0.00 MTRN : $1.91B
Gross Profit (TTM) TMRC : $0.00 MTRN : $305.29M
EBITDA (TTM) TMRC : -$1.31M MTRN : $166.65M

Return for Risk

TMRC vs. MTRN — Risk / Return Rank

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

TMRC

TMRC Risk / Return Rank: 67
TMRC Sharpe Ratio Rank: 57
TMRC Sortino Ratio Rank: 75
TMRC Omega Ratio Rank: 71
TMRC Calmar Ratio Rank: 70
TMRC Martin Ratio Rank: 62

MTRN

MTRN Risk / Return Rank: 97
MTRN Sharpe Ratio Rank: 98
MTRN Sortino Ratio Rank: 96
MTRN Omega Ratio Rank: 96
MTRN Calmar Ratio Rank: 97
MTRN Martin Ratio Rank: 97

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.

TMRC vs. MTRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Rare Earth Resources Corp (TMRC) and Materion Corporation (MTRN). 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.

	TMRC	MTRN	Difference
Sharpe ratio Return per unit of total volatility	0.51	4.81	-4.30
Sortino ratio Return per unit of downside risk	2.06	4.53	-2.46
Omega ratio Gain probability vs. loss probability	1.24	1.63	-0.39
Calmar ratio Return relative to maximum drawdown	1.67	9.56	-7.89
Martin ratio Return relative to average drawdown	2.38	29.81	-27.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TMRC vs. MTRN - Sharpe Ratio Comparison

The current TMRC Sharpe Ratio is 0.51, which is lower than the MTRN Sharpe Ratio of 4.81. The chart below compares the historical Sharpe Ratios of TMRC and MTRN, 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

	TMRC	MTRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	4.81	-4.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	0.59	-0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.64	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.13	+0.05

Drawdowns

TMRC vs. MTRN - Drawdown Comparison

The maximum TMRC drawdown since its inception was -95.42%, which is greater than MTRN's maximum drawdown of -87.53%. Use the drawdown chart below to compare losses from any high point for TMRC and MTRN.

Drawdown Indicators

	TMRC	MTRN	Difference
Max Drawdown Largest peak-to-trough decline	-95.42%	-87.53%	-7.89%
Max Drawdown (1Y) Largest decline over 1 year	-77.33%	-20.73%	-56.60%
Max Drawdown (3Y) Largest decline over 3 years	-83.33%	-47.84%	-35.49%
Max Drawdown (5Y) Largest decline over 5 years	-91.57%	-47.84%	-43.73%
Max Drawdown (10Y) Largest decline over 10 years	-95.42%	-61.99%	-33.43%
Current Drawdown Current decline from peak	-74.51%	0.00%	-74.51%
Average Drawdown Average peak-to-trough decline	-53.89%	-39.70%	-14.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	54.35%	6.65%	+47.70%

Volatility

TMRC vs. MTRN - Volatility Comparison

Texas Rare Earth Resources Corp (TMRC) has a higher volatility of 27.59% compared to Materion Corporation (MTRN) at 12.05%. This indicates that TMRC's price experiences larger fluctuations and is considered to be riskier than MTRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMRC	MTRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.59%	12.05%	+15.54%
Volatility (6M) Calculated over the trailing 6-month period	86.91%	32.30%	+54.61%
Volatility (1Y) Calculated over the trailing 1-year period	159.61%	43.38%	+116.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.05%	41.14%	+67.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.64%	40.12%	+69.52%

Dividends

TMRC vs. MTRN - Dividend Comparison

TMRC has not paid dividends to shareholders, while MTRN's dividend yield for the trailing twelve months is around 0.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MTRN Materion Corporation	0.25%	0.45%	0.54%	0.40%	0.57%	0.52%	0.71%	0.73%	0.92%	0.81%	0.95%	1.27%
TMRC Texas Rare Earth Resources Corp	0.00%	0.00%	0.00%	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 TMRC and MTRN in my portfolio?

TMRC and MTRN have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMRC or MTRN?

TMRC has higher volatility (27.59%) compared to MTRN (12.05%). In terms of maximum drawdown, TMRC dropped -95.42% vs MTRN's -87.53%.

Which has better risk-adjusted returns?

MTRN currently has the higher Sharpe Ratio (4.81 vs 0.51), 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.