USAR vs. AREC

Last updated Aug 1, 2026

USAR (USA Rare Earth, Inc) and AREC (American Resources Corporation) are both stocks. Both are in the Basic Materials sector — USAR in Other Industrial Metals & Mining, AREC in Coking Coal. Over the past year, USAR returned 7.25% vs 51.69% for AREC. Their 0.45 correlation means their historical movements had little consistent relationship.

Performance

USAR vs. AREC - Performance Comparison

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

Returns By Period

In the year-to-date period, USAR achieves a 25.63% return, which is significantly higher than AREC's -27.82% return.

USAR

• 1D: 2.05%
• 1M: -21.93%
• 6M: -33.32%
• YTD: 25.63%
• 1Y: 7.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.65%

AREC

• 1D: -2.19%
• 1M: -8.67%
• 6M: -43.35%
• YTD: -27.82%
• 1Y: 51.69%
• 3Y*: -1.80%
• 5Y*: -2.77%
• 10Y*: —
• ALL TIME*: 51.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AREC American Resources Corporation	$3.12M	$4.33M	$6.54M
USAR USA Rare Earth, Inc	$161.50M	$169.19M	$327.63M

USAR vs. AREC - Yearly Performance Comparison

	2026 (YTD)	2025
USAR USA Rare Earth, Inc	25.63%	16.32%
AREC American Resources Corporation	-27.82%	435.64%

Correlation

The correlation between USAR and AREC is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.45

The correlation between USAR and AREC has been stable across timeframes, ranging from 0.45 to 0.55 - a consistent structural relationship.

Fundamentals

Market Cap USAR : $1.44B AREC : $191.48M
EPS USAR : -$4.98 AREC : -$0.45
PS Ratio USAR : 3.91 AREC : 1.04K
Total Revenue (TTM) USAR : $319.83M AREC : $145.03K
Gross Profit (TTM) USAR : $253.66M AREC : $140.16K
EBITDA (TTM) USAR : -$324.99M AREC : -$22.47M

Return for Risk

USAR vs. AREC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

USAR

USAR Risk / Return Rank: 55
USAR Sharpe Ratio Rank: 51
USAR Sortino Ratio Rank: 63
USAR Omega Ratio Rank: 57
USAR Calmar Ratio Rank: 52
USAR Martin Ratio Rank: 50

AREC

AREC Risk / Return Rank: 65
AREC Sharpe Ratio Rank: 62
AREC Sortino Ratio Rank: 73
AREC Omega Ratio Rank: 69
AREC Calmar Ratio Rank: 63
AREC Martin Ratio Rank: 58

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

USAR vs. AREC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USA Rare Earth, Inc (USAR) and American Resources Corporation (AREC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	USAR	AREC	Difference
Sharpe ratio: Return per unit of total volatility	0.15	0.47	-0.32
Sortino ratio: Return per unit of downside risk	1.14	1.64	-0.49
Omega ratio: Gain probability vs. loss probability	1.12	1.19	-0.06
Calmar ratio: Return relative to maximum drawdown	0.26	0.78	-0.53
Martin ratio: Return relative to average drawdown	0.39	1.11	-0.72

USAR vs. AREC - Sharpe Ratio Comparison

The current USAR Sharpe Ratio is 0.15, which is lower than the AREC Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of USAR and AREC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

USAR vs. AREC - Drawdown Comparison

The maximum USAR drawdown since its inception was -69.23%, smaller than the maximum AREC drawdown of -97.12%. Use the drawdown chart below to compare losses from any high point for USAR and AREC.

Drawdown Indicators

	USAR	AREC	Difference
Max Drawdown Largest peak-to-trough decline	-69.23%	-97.12%	+27.89%
Max Drawdown (1Y) Largest decline over 1 year	-69.23%	-76.95%	+7.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-78.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-88.07%	—
Current Drawdown Current decline from peak	-61.35%	-87.21%	+25.86%
Average Drawdown Average peak-to-trough decline	-41.96%	-79.81%	+37.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.71%	54.14%	-8.43%

Volatility

USAR vs. AREC - Volatility Comparison

USA Rare Earth, Inc (USAR) has a higher volatility of 24.93% compared to American Resources Corporation (AREC) at 20.05%. This indicates that USAR's price experiences larger fluctuations and is considered to be riskier than AREC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USAR	AREC	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.93%	20.05%	+4.88%
Volatility (6M) Calculated over the trailing 6-month period	73.39%	64.25%	+9.14%
Volatility (1Y) Calculated over the trailing 1-year period	116.87%	127.16%	-10.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	153.03%	107.42%	+45.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	153.03%	731.66%	-578.63%

Dividends

USAR vs. AREC - Dividend Comparison

Neither USAR nor AREC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both USAR and AREC in my portfolio?

USAR and AREC have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USAR or AREC?

USAR has higher volatility (24.93%) compared to AREC (20.05%). In terms of maximum drawdown, USAR dropped -69.23% vs AREC's -97.12%.

Which has better risk-adjusted returns?

AREC currently has the higher Sharpe Ratio (0.47 vs 0.15), 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.