I've owned both
ATC SCM11v2s
Audio Note AN-K SPx/SPe
Two very different price points. The ATCs are very resolving, fast transient response, can play really loud and still maintain tonal balance and soundstage w/o compression. They do need power to wake them up - so low level listening was their weak point, imo.
GR Research did a video on these for mods - their freq response is down a bit on top (I would agree), the mod evens this out.
AN-K's are much more efficient - best way to describe the sound is natural, relaxed and tonally 'right'. Just as resolving as the ATCs, but they play better at low to mid-high volumes. They don't do as well loud, imo. I've not seen any measurements on the AN-Ks, so can't comment on mods.
ymmv