USAR vs. METC

Last updated Jun 13, 2026

USAR (USA Rare Earth, Inc) and METC (Ramaco Resources, Inc.) are both stocks. Both are in the Basic Materials sector — USAR in Other Industrial Metals & Mining, METC in Coking Coal. Over the past year, USAR returned 51.34% vs 48.88% for METC. At a 0.45 correlation, their price movements are largely independent.

Performance

USAR vs. METC - Performance Comparison

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

Returns By Period

In the year-to-date period, USAR achieves a 84.79% return, which is significantly higher than METC's -15.22% return.

USAR

• 1D: -2.53%
• 1M: -13.49%
• YTD: 84.79%
• 6M: 29.05%
• 1Y: 51.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

METC

• 1D: 2.62%
• 1M: -0.33%
• YTD: -15.22%
• 6M: -2.18%
• 1Y: 48.88%
• 3Y*: 30.21%
• 5Y*: 26.81%
• 10Y*: —

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

USAR vs. METC - Yearly Performance Comparison

	2026 (YTD)	2025
USAR USA Rare Earth, Inc	84.79%	16.32%
METC Ramaco Resources, Inc.	-15.22%	101.49%

Correlation

The correlation between USAR and METC is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.45

The correlation between USAR and METC has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.

Fundamentals

EPS USAR : -$4.85 METC : -$1.62
PS Ratio USAR : 5.90 METC : 1.09
Total Revenue (TTM) USAR : $319.83M METC : $523.58M
Gross Profit (TTM) USAR : $253.66M METC : $10.83M
EBITDA (TTM) USAR : -$324.99M METC : $723.00K

Return for Risk

USAR vs. METC — Risk / Return Rank

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

USAR

USAR Risk / Return Rank: 61
USAR Sharpe Ratio Rank: 58
USAR Sortino Ratio Rank: 69
USAR Omega Ratio Rank: 63
USAR Calmar Ratio Rank: 59
USAR Martin Ratio Rank: 56

METC

METC Risk / Return Rank: 59
METC Sharpe Ratio Rank: 59
METC Sortino Ratio Rank: 65
METC Omega Ratio Rank: 62
METC Calmar Ratio Rank: 57
METC Martin Ratio Rank: 53

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.

USAR vs. METC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USA Rare Earth, Inc (USAR) and Ramaco Resources, Inc. (METC). 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	METC	Difference
Sharpe ratio: Return per unit of total volatility	0.42	0.48	-0.06
Sortino ratio: Return per unit of downside risk	1.55	1.34	+0.21
Omega ratio: Gain probability vs. loss probability	1.17	1.16	0.00
Calmar ratio: Return relative to maximum drawdown	0.75	0.65	+0.10
Martin ratio: Return relative to average drawdown	1.22	0.90	+0.33

USAR vs. METC - Sharpe Ratio Comparison

The current USAR Sharpe Ratio is 0.42, which is comparable to the METC Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of USAR and METC, 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. METC - Drawdown Comparison

The maximum USAR drawdown since its inception was -69.23%, smaller than the maximum METC drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for USAR and METC.

Drawdown Indicators

	USAR	METC	Difference
Max Drawdown Largest peak-to-trough decline	-69.23%	-86.53%	+17.30%
Max Drawdown (1Y) Largest decline over 1 year	-69.23%	-75.80%	+6.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-75.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-75.80%	—
Current Drawdown Current decline from peak	-43.15%	-72.03%	+28.88%
Average Drawdown Average peak-to-trough decline	-40.87%	-52.05%	+11.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.21%	54.60%	-12.39%

Volatility

USAR vs. METC - Volatility Comparison

USA Rare Earth, Inc (USAR) has a higher volatility of 35.87% compared to Ramaco Resources, Inc. (METC) at 21.68%. This indicates that USAR's price experiences larger fluctuations and is considered to be riskier than METC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USAR	METC	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.87%	21.68%	+14.19%
Volatility (6M) Calculated over the trailing 6-month period	80.93%	61.83%	+19.10%
Volatility (1Y) Calculated over the trailing 1-year period	123.13%	102.03%	+21.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	158.43%	82.20%	+76.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	158.43%	75.87%	+82.56%

Dividends

USAR vs. METC - Dividend Comparison

Neither USAR nor METC has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
METC Ramaco Resources, Inc.	0.00%	1.10%	5.32%	2.91%	5.11%
USAR USA Rare Earth, Inc	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both USAR and METC in my portfolio?

USAR and METC have a correlation of 0.52, 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 METC?

USAR has higher volatility (35.87%) compared to METC (21.68%). In terms of maximum drawdown, USAR dropped -69.23% vs METC's -86.53%.

Which has better risk-adjusted returns?

METC currently has the higher Sharpe Ratio (0.48 vs 0.42), 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.