USAR vs. TGB

Last updated Jun 5, 2026

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

Performance

USAR vs. TGB - Performance Comparison

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

Returns By Period

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

USAR

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

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%

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

USAR vs. TGB - Yearly Performance Comparison

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

Correlation

The correlation between USAR and TGB 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, USAR and TGB have become more correlated (0.33) than their long-term average of 0.12, meaning their price movements have been converging.

Fundamentals

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

Return for Risk

USAR vs. TGB — Risk / Return Rank

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

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

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

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. TGB - Risk-Adjusted Trends Comparison

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

	USAR	TGB	Difference
Sharpe ratio: Return per unit of total volatility	1.33	3.23	-1.90
Sortino ratio: Return per unit of downside risk	2.37	3.32	-0.95
Omega ratio: Gain probability vs. loss probability	1.26	1.43	-0.17
Calmar ratio: Return relative to maximum drawdown	2.35	5.93	-3.58
Martin ratio: Return relative to average drawdown	3.90	16.28	-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.

USAR vs. TGB - Sharpe Ratio Comparison

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

	USAR	TGB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	3.23	-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	0.39	-0.02	+0.41

Drawdowns

USAR vs. TGB - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

USAR vs. TGB - Volatility Comparison

USA Rare Earth, Inc (USAR) has a higher volatility of 29.45% compared to Taseko Mines Limited (TGB) at 22.39%. This indicates that USAR's price experiences larger fluctuations and is considered to be riskier than TGB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Dividends

USAR vs. TGB - Dividend Comparison

Neither USAR nor TGB has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both USAR and TGB in my portfolio?

USAR and TGB 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, USAR or TGB?

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

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.