ATRO vs. HL
ATRO (Astronics Corporation) and HL (Hecla Mining Company) are both stocks. ATRO operates in Aerospace & Defense (Industrials), while HL operates in Gold (Basic Materials). Over the past 10 years, ATRO returned 12.28%/yr vs 13.95%/yr for HL. At a 0.10 correlation, their price movements are largely independent.
Performance
ATRO vs. HL - Performance Comparison
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Returns By Period
In the year-to-date period, ATRO achieves a 76.99% return, which is significantly higher than HL's -20.29% return. Over the past 10 years, ATRO has underperformed HL with an annualized return of 12.28%, while HL has yielded a comparatively higher 13.95% annualized return.
ATRO
- 1D
- 1.27%
- 1M
- 19.87%
- YTD
- 76.99%
- 6M
- 76.47%
- 1Y
- 168.08%
- 3Y*
- 74.20%
- 5Y*
- 37.93%
- 10Y*
- 12.28%
HL
- 1D
- 2.00%
- 1M
- -27.35%
- YTD
- -20.29%
- 6M
- -18.68%
- 1Y
- 155.56%
- 3Y*
- 42.93%
- 5Y*
- 11.61%
- 10Y*
- 13.95%
ATRO vs. HL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATRO Astronics Corporation | 76.99% | 239.85% | -8.38% | 69.13% | -14.17% | -9.30% | -52.67% | -8.21% | -13.21% | 22.55% |
HL Hecla Mining Company | -20.29% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
Correlation
The correlation between ATRO and HL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 1985 | 0.10 |
Over the past year, ATRO and HL have become more correlated (0.35) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
ATRO:
$3.67B
HL:
$10.32B
ATRO:
$1.22
HL:
$0.84
ATRO:
78.55
HL:
18.18
ATRO:
6.88
HL:
0.08
ATRO:
4.02
HL:
6.47
ATRO:
22.69
HL:
4.02
ATRO:
$886.81M
HL:
$1.57B
ATRO:
$272.44M
HL:
$788.95M
ATRO:
$74.47M
HL:
$864.40M
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Return for Risk
ATRO vs. HL — Risk / Return Rank
ATRO
HL
ATRO vs. HL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Astronics Corporation (ATRO) and Hecla Mining Company (HL). 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.
| ATRO | HL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.32 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 7.23 | 2.80 | +4.43 |
| Martin ratioReturn relative to average drawdown | 24.48 | 6.33 | +18.15 |
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Drawdowns
ATRO vs. HL - Drawdown Comparison
The maximum ATRO drawdown since its inception was -90.12%, smaller than the maximum HL drawdown of -97.92%. Use the drawdown chart below to compare losses from any high point for ATRO and HL.
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Drawdown Indicators
| ATRO | HL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.12% | -97.92% | +7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -23.39% | -55.81% | +32.42% |
Max Drawdown (3Y)Largest decline over 3 years | -34.89% | -55.81% | +20.92% |
Max Drawdown (5Y)Largest decline over 5 years | -62.90% | -61.90% | -1.00% |
Max Drawdown (10Y)Largest decline over 10 years | -85.52% | -82.45% | -3.07% |
Current DrawdownCurrent decline from peak | 0.00% | -51.91% | +51.91% |
Average DrawdownAverage peak-to-trough decline | -38.08% | -69.93% | +31.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.06% | 24.67% | -17.61% |
Volatility
ATRO vs. HL - Volatility Comparison
The current volatility for Astronics Corporation (ATRO) is 20.40%, while Hecla Mining Company (HL) has a volatility of 22.72%. This indicates that ATRO experiences smaller price fluctuations and is considered to be less risky than HL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATRO | HL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.40% | 22.72% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 39.82% | 54.93% | -15.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.08% | 72.59% | -16.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.27% | 59.35% | -4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.87% | 62.77% | -5.90% |
Dividends
ATRO vs. HL - Dividend Comparison
ATRO has not paid dividends to shareholders, while HL's dividend yield for the trailing twelve months is around 0.10%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATRO Astronics Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HL Hecla Mining Company | 0.10% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
Financials
ATRO vs. HL - Financials Comparison
This section allows you to compare key financial metrics between Astronics Corporation and Hecla Mining Company. 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
ATRO vs. HL - Profitability Comparison
ATRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Astronics Corporation reported a gross profit of 75.13M and revenue of 230.62M. Therefore, the gross margin over that period was 32.6%.
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported a gross profit of 253.26M and revenue of 411.43M. Therefore, the gross margin over that period was 61.6%.
ATRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Astronics Corporation reported an operating income of 27.23M and revenue of 230.62M, resulting in an operating margin of 11.8%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported an operating income of 223.11M and revenue of 411.43M, resulting in an operating margin of 54.2%.
ATRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Astronics Corporation reported a net income of 25.54M and revenue of 230.62M, resulting in a net margin of 11.1%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported a net income of 266.45M and revenue of 411.43M, resulting in a net margin of 64.8%.
Frequently Asked Questions
ATRO and HL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HL has higher volatility (22.72%) compared to ATRO (20.40%). In terms of maximum drawdown, ATRO dropped -90.12% vs HL's -97.92%.
ATRO currently has the higher Sharpe Ratio (3.04 vs 2.16), 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.
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