CLNE vs. HL
CLNE (Clean Energy Fuels Corp.) and HL (Hecla Mining Company) are both stocks. CLNE operates in Oil & Gas Refining & Marketing (Energy), while HL operates in Other Precious Metals & Mining (Basic Materials). Over the past 10 years, CLNE returned -3.92%/yr vs 9.87%/yr for HL. At a 0.27 correlation, their price movements are largely independent.
Performance
CLNE vs. HL - Performance Comparison
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Returns By Period
In the year-to-date period, CLNE achieves a 10.48% return, which is significantly higher than HL's -20.50% return. Over the past 10 years, CLNE has underperformed HL with an annualized return of -3.92%, while HL has yielded a comparatively higher 9.87% annualized return.
CLNE
- 1D
- 5.94%
- 1M
- 21.47%
- 6M
- 7.91%
- YTD
- 10.48%
- 1Y
- 5.94%
- 3Y*
- -21.74%
- 5Y*
- -21.65%
- 10Y*
- -3.92%
HL
- 1D
- -3.60%
- 1M
- -0.26%
- 6M
- -37.63%
- YTD
- -20.50%
- 1Y
- 141.58%
- 3Y*
- 37.67%
- 5Y*
- 17.11%
- 10Y*
- 9.87%
CLNE vs. HL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLNE Clean Energy Fuels Corp. | 10.48% | -16.33% | -34.46% | -26.35% | -15.17% | -22.01% | 235.90% | 36.05% | -15.27% | -29.02% |
HL Hecla Mining Company | -20.50% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
Correlation
The correlation between CLNE and HL is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since May 25, 2007 | 0.27 |
The correlation between CLNE and HL shifts across timeframes, from 0.08 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CLNE:
$510.92M
HL:
$10.23B
CLNE:
-$0.45
HL:
$0.83
CLNE:
1.16
HL:
6.53
CLNE:
0.91
HL:
4.01
CLNE:
$438.94M
HL:
$1.57B
CLNE:
$51.37M
HL:
$788.95M
CLNE:
-$13.12M
HL:
$864.40M
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Return for Risk
CLNE vs. HL — Risk / Return Rank
CLNE
HL
CLNE vs. HL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clean Energy Fuels Corp. (CLNE) 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.
| CLNE | HL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.30 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | 2.55 | -2.41 |
| Martin ratioReturn relative to average drawdown | 0.26 | 5.02 | -4.77 |
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Drawdowns
CLNE vs. HL - Drawdown Comparison
The maximum CLNE drawdown since its inception was -95.48%, roughly equal to the maximum HL drawdown of -97.92%. Use the drawdown chart below to compare losses from any high point for CLNE and HL.
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Drawdown Indicators
| CLNE | HL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.48% | -97.92% | +2.44% |
Max Drawdown (1Y)Largest decline over 1 year | -43.46% | -55.81% | +12.35% |
Max Drawdown (3Y)Largest decline over 3 years | -74.37% | -55.81% | -18.56% |
Max Drawdown (5Y)Largest decline over 5 years | -86.16% | -55.81% | -30.35% |
Max Drawdown (10Y)Largest decline over 10 years | -92.92% | -82.45% | -10.47% |
Current DrawdownCurrent decline from peak | -90.30% | -52.04% | -38.26% |
Average DrawdownAverage peak-to-trough decline | -66.59% | -69.90% | +3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.22% | 28.30% | -5.08% |
Volatility
CLNE vs. HL - Volatility Comparison
The current volatility for Clean Energy Fuels Corp. (CLNE) is 15.38%, while Hecla Mining Company (HL) has a volatility of 17.89%. This indicates that CLNE 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
| CLNE | HL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.38% | 17.89% | -2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 35.00% | 53.42% | -18.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.29% | 73.20% | -19.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.77% | 59.46% | +4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.35% | 62.80% | +8.55% |
Dividends
CLNE vs. HL - Dividend Comparison
CLNE 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLNE Clean Energy Fuels Corp. | 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
CLNE vs. HL - Financials Comparison
This section allows you to compare key financial metrics between Clean Energy Fuels Corp. 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
CLNE vs. HL - Profitability Comparison
CLNE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Clean Energy Fuels Corp. reported a gross profit of 0.00 and revenue of 117.56M. Therefore, the gross margin over that period was 0.0%.
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
CLNE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Clean Energy Fuels Corp. reported an operating income of 0.00 and revenue of 117.56M, resulting in an operating margin of 0.0%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Hecla Mining Company reported an operating income of 223.11M and revenue of 411.43M, resulting in an operating margin of 54.2%.
CLNE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Clean Energy Fuels Corp. reported a net income of -12.41M and revenue of 117.56M, resulting in a net margin of -10.6%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
CLNE and HL have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HL has higher volatility (17.89%) compared to CLNE (15.38%). In terms of maximum drawdown, CLNE dropped -95.48% vs HL's -97.92%.
HL currently has the higher Sharpe Ratio (1.95 vs 0.11), 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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