USAR vs. MKA.L
USAR (USA Rare Earth, Inc) and MKA.L (Mkango Resources Ltd) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past year, USAR returned 51.34% vs 155.84% for MKA.L. At a 0.21 correlation, their price movements are largely independent.
Performance
USAR vs. MKA.L - Performance Comparison
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Different Trading Currencies
USAR is traded in USD, while MKA.L is traded in GBp. To make them comparable, the MKA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, USAR achieves a 84.79% return, which is significantly higher than MKA.L's -8.16% return.
USAR
- 1D
- -2.53%
- 1M
- -13.49%
- YTD
- 84.79%
- 6M
- 29.05%
- 1Y
- 51.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MKA.L
- 1D
- 1.98%
- 1M
- -5.57%
- YTD
- -8.16%
- 6M
- -17.32%
- 1Y
- 155.84%
- 3Y*
- 60.60%
- 5Y*
- 5.78%
- 10Y*
- —
USAR vs. MKA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
USAR USA Rare Earth, Inc | 84.79% | 16.32% |
MKA.L Mkango Resources Ltd | -8.16% | 380.93% |
Correlation
The correlation between USAR and MKA.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025 | 0.21 |
Fundamentals
USAR:
-$4.85
MKA.L:
-$0.04
USAR:
5.90
MKA.L:
3.72K
USAR:
$319.83M
MKA.L:
$50.78K
USAR:
$253.66M
MKA.L:
-$544.15K
USAR:
-$324.99M
MKA.L:
-$17.87M
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Return for Risk
USAR vs. MKA.L — Risk / Return Rank
USAR
MKA.L
USAR vs. MKA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USA Rare Earth, Inc (USAR) and Mkango Resources Ltd (MKA.L). 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 | MKA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.29 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 3.00 | -2.26 |
| Martin ratioReturn relative to average drawdown | 1.22 | 6.16 | -4.94 |
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Drawdowns
USAR vs. MKA.L - Drawdown Comparison
The maximum USAR drawdown since its inception was -69.23%, smaller than the maximum MKA.L drawdown of -89.22%. Use the drawdown chart below to compare losses from any high point for USAR and MKA.L.
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Drawdown Indicators
| USAR | MKA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.23% | -89.22% | +19.99% |
Max Drawdown (1Y)Largest decline over 1 year | -69.23% | -51.55% | -17.68% |
Max Drawdown (3Y)Largest decline over 3 years | — | -66.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -89.22% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.22% | — |
Current DrawdownCurrent decline from peak | -43.15% | -37.46% | -5.69% |
Average DrawdownAverage peak-to-trough decline | -40.87% | -45.43% | +4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.21% | 25.19% | +17.02% |
Volatility
USAR vs. MKA.L - Volatility Comparison
USA Rare Earth, Inc (USAR) has a higher volatility of 35.87% compared to Mkango Resources Ltd (MKA.L) at 22.41%. This indicates that USAR's price experiences larger fluctuations and is considered to be riskier than MKA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USAR | MKA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.87% | 22.41% | +13.46% |
Volatility (6M)Calculated over the trailing 6-month period | 80.93% | 48.66% | +32.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 123.13% | 94.99% | +28.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 158.43% | 77.90% | +80.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 158.43% | 96.82% | +61.61% |
Dividends
USAR vs. MKA.L - Dividend Comparison
Neither USAR nor MKA.L has paid dividends to shareholders.
Financials
USAR vs. MKA.L - Financials Comparison
This section allows you to compare key financial metrics between USA Rare Earth, Inc and Mkango Resources Ltd. 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
Frequently Asked Questions
USAR and MKA.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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