USA Rare Earth (USARW) has had the highest return since January 1, 2025 by a US stock with an IPO date in 2023, returning 2,798%.

ASSET	% RETURN
USA Rare Earth (USARW)	2,798%
DeFi Development (DFDV)	2,246.56%
Abivax SA American Depositary Shares (ABVX)	1,059.12%
Better Home & Finance (BETR)	557.56%
Nukkleus (NUKKW)	507.97%
AlphaVest Acquisition Corp Right (ATMVR)	481.86%
Spark I Acquisition Corp Warrant (SPKLW)	447.26%
Asset Entities Inc Class B Common Stock (ASST)	420%
AlphaTime Acquisition Corp Warrant (ATMCW)	400%
NioCorp Developments Ltd Common Stock (NB)	399.37%
SRM Entertainment, Inc Common Stock (SRM)	355.27%
Royalty Management (RMCOW)	291.18%
QuantaSing Group Limited American Depositary Shares (QSG)	270.59%
Mineralys Therapeutics, Inc Common Stock (MLYS)	208.68%
Brera Holdings PLC Class B Ordinary Shares (BREA)	189.3%
Primech Holdings Ltd Ordinary Shares (PMEC)	157.26%
Monogram Orthopaedics Inc Common Stock (MGRM)	154.58%
Royalty Management (RMCO)	142.5%
Bitcoin Depot (BTM)	134.76%
Richtech Robotics Inc Class B Common Stock (RR)	118.37%
Osisko Development Corp Warrant expiring 5/27/2027 (ODVWZ)	107.14%
Nextracker Inc Class A Common Stock (NXT)	106.29%
Foremost Lithium Resource & Technology Ltd Common stock (FMST)	105.52%
Hesai Group American Depositary Share, each ADS represents one Class B ordinary share (HSAI)	100.96%
Sezzle (SEZL)	96.99%