BELFA vs. HBM
BELFA (Bel Fuse Inc.) and HBM (Hudbay Minerals Inc.) are both stocks. BELFA operates in Electronic Components (Technology), while HBM operates in Copper (Basic Materials). Over the past 10 years, BELFA returned 30.52%/yr vs 17.08%/yr for HBM. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
BELFA vs. HBM - Performance Comparison
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Returns By Period
In the year-to-date period, BELFA achieves a 47.12% return, which is significantly higher than HBM's 14.68% return. Over the past 10 years, BELFA has outperformed HBM with an annualized return of 30.52%, while HBM has yielded a comparatively lower 17.08% annualized return.
BELFA
- 1D
- 6.39%
- 1M
- -3.03%
- 6M
- 21.50%
- YTD
- 47.12%
- 1Y
- 100.21%
- 3Y*
- 60.76%
- 5Y*
- 71.59%
- 10Y*
- 30.52%
- ALL TIME*
- 7.41%
HBM
- 1D
- 0.00%
- 1M
- 0.71%
- 6M
- -3.87%
- YTD
- 14.68%
- 1Y
- 151.40%
- 3Y*
- 57.67%
- 5Y*
- 26.31%
- 10Y*
- 17.08%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BELFA Bel Fuse Inc. | $37.87M | $35.71M | $40.20M |
| $126.91M | $110.72M | $140.65M |
BELFA vs. HBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BELFA Bel Fuse Inc. | 47.12% | 68.98% | 39.80% | 102.03% | 117.06% | 14.81% | -16.19% | 19.66% | -36.22% | -12.91% |
HBM Hudbay Minerals Inc. | 14.68% | 145.46% | 47.03% | 9.24% | -29.87% | 3.82% | 69.50% | -11.77% | -46.20% | 54.77% |
Correlation
The correlation between BELFA and HBM is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2009 | 0.18 |
The correlation between BELFA and HBM shifts across timeframes, from 0.18 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BELFA:
$3.29B
HBM:
$10.10B
BELFA:
$5.45
HBM:
$1.69
BELFA:
40.95
HBM:
13.47
BELFA:
0.99
HBM:
0.09
BELFA:
2.95
HBM:
3.65
BELFA:
0.37
HBM:
1.91
BELFA:
$744.09M
HBM:
$2.49B
BELFA:
$294.08M
HBM:
$970.25M
BELFA:
$100.21M
HBM:
$1.65B
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Return for Risk
BELFA vs. HBM — Risk / Return Rank
BELFA
HBM
BELFA vs. HBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bel Fuse Inc. (BELFA) and Hudbay Minerals Inc. (HBM). 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.
| BELFA | HBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.35 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 4.05 | -0.92 |
| Martin ratioReturn relative to average drawdown | 9.87 | 9.77 | +0.10 |
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Drawdowns
BELFA vs. HBM - Drawdown Comparison
The maximum BELFA drawdown since its inception was -89.86%, roughly equal to the maximum HBM drawdown of -92.21%. Use the drawdown chart below to compare losses from any high point for BELFA and HBM.
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Drawdown Indicators
| BELFA | HBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.86% | -92.21% | +2.35% |
Max Drawdown (1Y)Largest decline over 1 year | -30.47% | -36.16% | +5.69% |
Max Drawdown (3Y)Largest decline over 3 years | -43.43% | -41.11% | -2.32% |
Max Drawdown (5Y)Largest decline over 5 years | -43.43% | -63.33% | +19.90% |
Max Drawdown (10Y)Largest decline over 10 years | -78.04% | -86.34% | +8.30% |
Current DrawdownCurrent decline from peak | -23.36% | -28.60% | +5.24% |
Average DrawdownAverage peak-to-trough decline | -50.35% | -52.26% | +1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.67% | 14.98% | -5.31% |
Volatility
BELFA vs. HBM - Volatility Comparison
Bel Fuse Inc. (BELFA) has a higher volatility of 27.03% compared to Hudbay Minerals Inc. (HBM) at 19.81%. This indicates that BELFA's price experiences larger fluctuations and is considered to be riskier than HBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BELFA | HBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.03% | 19.81% | +7.22% |
Volatility (6M)Calculated over the trailing 6-month period | 47.16% | 51.61% | -4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.18% | 62.41% | -6.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.51% | 55.91% | -5.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.34% | 58.92% | +2.42% |
Dividends
BELFA vs. HBM - Dividend Comparison
BELFA's dividend yield for the trailing twelve months is around 0.11%, more than HBM's 0.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BELFA Bel Fuse Inc. | 0.11% | 0.16% | 0.27% | 0.39% | 0.78% | 1.60% | 1.81% | 1.48% | 1.75% | 1.10% | 0.95% | 1.64% |
HBM Hudbay Minerals Inc. | 0.09% | 0.07% | 0.17% | 0.31% | 0.32% | 0.22% | 0.21% | 0.36% | 0.38% | 0.23% | 0.35% | 0.52% |
Financials
BELFA vs. HBM - Financials Comparison
This section allows you to compare key financial metrics between Bel Fuse Inc. and Hudbay Minerals Inc.. 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
BELFA vs. HBM - Profitability Comparison
BELFA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bel Fuse Inc. reported a gross profit of 83.97M and revenue of 210.69M. Therefore, the gross margin over that period was 39.9%.
HBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Hudbay Minerals Inc. reported a gross profit of 266.85M and revenue of 651.04M. Therefore, the gross margin over that period was 41.0%.
BELFA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bel Fuse Inc. reported an operating income of 37.72M and revenue of 210.69M, resulting in an operating margin of 17.9%.
HBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Hudbay Minerals Inc. reported an operating income of 236.24M and revenue of 651.04M, resulting in an operating margin of 36.3%.
BELFA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bel Fuse Inc. reported a net income of 25.48M and revenue of 210.69M, resulting in a net margin of 12.1%.
HBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Hudbay Minerals Inc. reported a net income of 133.91M and revenue of 651.04M, resulting in a net margin of 20.6%.
Frequently Asked Questions
BELFA and HBM have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BELFA has higher volatility (27.03%) compared to HBM (19.81%). In terms of maximum drawdown, BELFA dropped -89.86% vs HBM's -92.21%.
HBM currently has the higher Sharpe Ratio (2.35 vs 1.70), 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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