CIFR vs. HIVE
CIFR (Cipher Digital Inc.) and HIVE (HIVE Digital Technologies Ltd.) are both stocks. CIFR operates in Information Technology Services (Technology), while HIVE operates in Capital Markets (Financial Services). Over the past 3 years, CIFR returned 113.29%/yr vs 5.69%/yr for HIVE. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
CIFR vs. HIVE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with CIFR having a 90.65% return and HIVE slightly lower at 89.92%.
CIFR
- 1D
- -3.56%
- 1M
- 28.08%
- YTD
- 90.65%
- 6M
- 72.22%
- 1Y
- 642.48%
- 3Y*
- 113.29%
- 5Y*
- —
- 10Y*
- —
HIVE
- 1D
- 15.02%
- 1M
- 20.39%
- YTD
- 89.92%
- 6M
- 67.81%
- 1Y
- 188.24%
- 3Y*
- 5.69%
- 5Y*
- -15.90%
- 10Y*
- —
CIFR vs. HIVE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CIFR Cipher Digital Inc. | 90.65% | 218.10% | 12.35% | 637.50% | -87.90% | -54.65% |
HIVE HIVE Digital Technologies Ltd. | 89.92% | -9.47% | -37.09% | 214.58% | -89.09% | -15.38% |
Correlation
The correlation between CIFR and HIVE is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021 | 0.65 |
The correlation between CIFR and HIVE has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.
Fundamentals
CIFR:
-$2.33
HIVE:
-$0.33
CIFR:
61.84
HIVE:
4.19
CIFR:
$174.98M
HIVE:
$257.14M
CIFR:
-$172.84M
HIVE:
$58.57M
CIFR:
-$169.22M
HIVE:
$87.81M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CIFR vs. HIVE — Risk / Return Rank
CIFR
HIVE
CIFR vs. HIVE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cipher Digital Inc. (CIFR) and HIVE Digital Technologies Ltd. (HIVE). 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.
| CIFR | HIVE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.98 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.32 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 12.62 | 2.53 | +10.09 |
| Martin ratioReturn relative to average drawdown | 25.32 | 4.02 | +21.30 |
Loading charts...
Drawdowns
CIFR vs. HIVE - Drawdown Comparison
The maximum CIFR drawdown since its inception was -97.16%, roughly equal to the maximum HIVE drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for CIFR and HIVE.
Loading charts...
Drawdown Indicators
| CIFR | HIVE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.16% | -97.73% | +0.57% |
Max Drawdown (1Y)Largest decline over 1 year | -51.38% | -74.86% | +23.48% |
Max Drawdown (3Y)Largest decline over 3 years | -71.74% | -80.27% | +8.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -94.61% | — |
Current DrawdownCurrent decline from peak | -3.56% | -81.73% | +78.17% |
Average DrawdownAverage peak-to-trough decline | -65.97% | -78.58% | +12.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.56% | 47.00% | -21.44% |
Volatility
CIFR vs. HIVE - Volatility Comparison
Cipher Digital Inc. (CIFR) and HIVE Digital Technologies Ltd. (HIVE) have volatilities of 30.15% and 29.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CIFR | HIVE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.15% | 29.35% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 70.74% | 67.96% | +2.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 109.50% | 96.98% | +12.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 121.85% | 93.40% | +28.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 121.85% | 109.22% | +12.63% |
Dividends
CIFR vs. HIVE - Dividend Comparison
Neither CIFR nor HIVE has paid dividends to shareholders.
Financials
CIFR vs. HIVE - Financials Comparison
This section allows you to compare key financial metrics between Cipher Digital Inc. and HIVE Digital Technologies Ltd.. 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
Frequently Asked Questions
CIFR and HIVE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CIFR has higher volatility (30.15%) compared to HIVE (29.35%). In terms of maximum drawdown, CIFR dropped -97.16% vs HIVE's -97.73%.
CIFR currently has the higher Sharpe Ratio (5.93 vs 1.96), 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.
Find the right allocation for CIFR and HIVE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer