FATN vs IPXXU

Comparison between Fatpipe Inc (FATN, Company) and USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) (IPXXU, Company).

FATN vs IPXXU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FATN(COMPANY)	IPXXU(COMPANY)
Market Cap	$66M	$66M
Max Drawdown	88.85%	29.06%
Sharpe Ratio	0.26	0.13
5Y Beta	0.22	N/A
Industry	Software - Infrastructure	N/A
P/E Ratio	13.31	3.80
Forward P/E	20.45	N/A
PEG Ratio	0.11	N/A
Debt to Equity	19.89%	2.44%
Free Cash Flow Yield	-1.38%	-5.53%
P/S Ratio	3.45	N/A
P/B Ratio	2.50	1.94

Market Cap

Winner

FATN

$66M

IPXXU

$66M

Max Drawdown

FATN

88.85%

Winner

IPXXU

29.06%

Sharpe Ratio

Winner

FATN

0.26

IPXXU

0.13

5Y Beta

FATN

0.22

IPXXU

N/A

Industry

FATN

Software - Infrastructure

IPXXU

N/A

P/E Ratio

FATN

13.31

Winner

IPXXU

3.80

Forward P/E

FATN

20.45

IPXXU

N/A

PEG Ratio

FATN

0.11

IPXXU

N/A

Debt to Equity

FATN

19.89%

Winner

IPXXU

2.44%

Free Cash Flow Yield

Winner

FATN

-1.38%

IPXXU

-5.53%

P/S Ratio

FATN

3.45

IPXXU

N/A

P/B Ratio

FATN

2.50

Winner

IPXXU

1.94

FATN vs IPXXU - Historical Returns

Returns include dividend reinvestment.

Period	FATN	IPXXU
1 month	-15.12%	-11.84%
3 months	+131.50%	-20.82%
6 months	+130.35%	-1.67%
1 year	-43.40%	+0.48%
Max(CAGR)	-55.09%	+2.73%

FATN

-15.12%

Winner

IPXXU

-11.84%

Winner

FATN

+131.50%

IPXXU

-20.82%

Winner

FATN

+130.35%

IPXXU

-1.67%

FATN

-43.40%

Winner

IPXXU

+0.48%

Max(CAGR)

FATN

-55.09%

Winner

IPXXU

+2.73%

FATN vs IPXXU - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	FATN	IPXXU
2026	+115.35%	N/A
2025	-84.46%	-9.35%
2024	N/A	+21.02%
2023	N/A	+2.98%

FATN vs IPXXU Drawdown Comparison

The maximum drawdown for FATN was -88.85%, occurring on Mar 3, 2026. This drawdown has not yet recovered.

The maximum drawdown for IPXXU was -29.06%, occurring on Mar 13, 2025. This drawdown has not yet recovered.

The current FATN drawdown is -64.38%. The current IPXXU drawdown is -29.06%.

Rank	FATN	IPXXU
#1	-88.85% Apr 8, 2025 - Mar 3, 2026	-29.06% Dec 10, 2024 - Mar 13, 2025
#2	N/A	-5.56% Sep 19, 2023 - Aug 15, 2024
#3	N/A	-1.07% Aug 15, 2024 - Nov 29, 2024
#4	N/A	-0.88% Jul 28, 2023 - Sep 6, 2023
#5	N/A	-0.73% Jul 17, 2023 - Jul 28, 2023
#6	N/A	-0.49% Sep 6, 2023 - Sep 19, 2023
#7	N/A	-0.30% Jul 5, 2023 - Jul 17, 2023
#8	N/A	-0.20% Jun 8, 2023 - Jul 5, 2023
#9	N/A	-0.10% May 25, 2023 - May 30, 2023
#10	N/A	-0.10% May 30, 2023 - Jun 5, 2023
#11	N/A	-0.09% Jun 6, 2023 - Jun 8, 2023
#12	N/A	-0.09% Nov 29, 2024 - Dec 9, 2024