CAD=X vs. HYMC

Last updated Jun 5, 2026

CAD=X (USD/CAD) is a currency, while HYMC (Hycroft Mining Holding Corporation) is a stock. Over the past 5 years, CAD=X returned 2.88%/yr vs -1.61%/yr for HYMC. At a correlation of -0.04, they often move in opposite directions.

Performance

CAD=X vs. HYMC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in USD/CAD (CAD=X) and Hycroft Mining Holding Corporation (HYMC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CAD=X is traded in CAD, while HYMC is traded in USD. To make them comparable, the HYMC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CAD=X achieves a 1.38% return, which is significantly lower than HYMC's 29.31% return.

CAD=X

• 1D: 0.10%
• 1M: 2.14%
• YTD: 1.38%
• 6M: -0.34%
• 1Y: 1.70%
• 3Y*: 1.14%
• 5Y*: 2.88%
• 10Y*: 0.82%

HYMC

• 1D: -5.60%
• 1M: -12.44%
• YTD: 29.31%
• 6M: 152.43%
• 1Y: 724.47%
• 3Y*: 110.03%
• 5Y*: -1.61%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CAD=X vs. HYMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CAD=X USD/CAD	1.38%	-4.59%	8.62%	-2.23%	7.13%	-0.90%	-1.69%	-4.92%	6.27%
HYMC Hycroft Mining Holding Corporation	29.31%	926.23%	-2.05%	-54.97%	-7.12%	-92.25%	-25.31%	-0.49%	9.41%

Correlation

The correlation between CAD=X and HYMC is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (3Y) Calculated over the trailing 3-year period	-0.20
Correlation (5Y) Calculated over the trailing 5-year period	-0.21
Correlation (All Time) Calculated using the full available price history since Mar 13, 2018	-0.04

The correlation between CAD=X and HYMC shifts across timeframes, from -0.21 (5 years) to -0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CAD=X vs. HYMC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAD=X

CAD=X Risk / Return Rank: 63
CAD=X Sharpe Ratio Rank: 65
CAD=X Sortino Ratio Rank: 64
CAD=X Omega Ratio Rank: 64
CAD=X Calmar Ratio Rank: 62
CAD=X Martin Ratio Rank: 59

HYMC

HYMC Risk / Return Rank: 97
HYMC Sharpe Ratio Rank: 99
HYMC Sortino Ratio Rank: 95
HYMC Omega Ratio Rank: 93
HYMC Calmar Ratio Rank: 99
HYMC Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAD=X vs. HYMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD/CAD (CAD=X) and Hycroft Mining Holding Corporation (HYMC). 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.

	CAD=X	HYMC	Difference
Sharpe ratio: Return per unit of total volatility	0.33	6.20	-5.87
Sortino ratio: Return per unit of downside risk	0.47	4.28	-3.81
Omega ratio: Gain probability vs. loss probability	1.06	1.53	-0.47
Calmar ratio: Return relative to maximum drawdown	0.31	15.90	-15.59
Martin ratio: Return relative to average drawdown	0.68	33.43	-32.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAD=X vs. HYMC - Sharpe Ratio Comparison

The current CAD=X Sharpe Ratio is 0.33, which is lower than the HYMC Sharpe Ratio of 6.20. The chart below compares the historical Sharpe Ratios of CAD=X and HYMC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CAD=X	HYMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	6.20	-5.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	-0.01	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	-0.10	+0.23

Drawdowns

CAD=X vs. HYMC - Drawdown Comparison

The maximum CAD=X drawdown since its inception was -19.16%, smaller than the maximum HYMC drawdown of -98.86%. Use the drawdown chart below to compare losses from any high point for CAD=X and HYMC.

Drawdown Indicators

	CAD=X	HYMC	Difference
Max Drawdown Largest peak-to-trough decline	-19.16%	-98.86%	+79.70%
Max Drawdown (1Y) Largest decline over 1 year	-4.45%	-46.00%	+41.55%
Max Drawdown (3Y) Largest decline over 3 years	-8.31%	-62.11%	+53.80%
Max Drawdown (5Y) Largest decline over 5 years	-8.31%	-94.77%	+86.46%
Max Drawdown (10Y) Largest decline over 10 years	-17.11%	—	—
Current Drawdown Current decline from peak	-5.45%	-79.96%	+74.51%
Average Drawdown Average peak-to-trough decline	-9.30%	-63.72%	+54.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	21.84%	-19.61%

Volatility

CAD=X vs. HYMC - Volatility Comparison

The current volatility for USD/CAD (CAD=X) is 0.76%, while Hycroft Mining Holding Corporation (HYMC) has a volatility of 26.08%. This indicates that CAD=X experiences smaller price fluctuations and is considered to be less risky than HYMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAD=X	HYMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.76%	26.08%	-25.32%
Volatility (6M) Calculated over the trailing 6-month period	3.13%	92.68%	-89.55%
Volatility (1Y) Calculated over the trailing 1-year period	4.12%	117.91%	-113.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.83%	151.69%	-145.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.42%	122.49%	-116.07%

Frequently Asked Questions

Can I hold both CAD=X and HYMC in my portfolio?

CAD=X and HYMC have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CAD=X or HYMC?

HYMC has higher volatility (26.08%) compared to CAD=X (0.76%). In terms of maximum drawdown, CAD=X dropped -19.16% vs HYMC's -98.86%.

Which has better risk-adjusted returns?

HYMC currently has the higher Sharpe Ratio (6.20 vs 0.33), 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.