HAL vs. ITUB
HAL (Halliburton Company) and ITUB (Itaú Unibanco Holding S.A.) are both stocks. HAL operates in Oil & Gas Equipment & Services (Energy), while ITUB operates in Banks - Regional (Financial Services). Over the past 10 years, HAL returned 0.88%/yr vs 18.25%/yr for ITUB. At a 0.34 correlation, their price movements are largely independent.
Performance
HAL vs. ITUB - Performance Comparison
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Returns By Period
In the year-to-date period, HAL achieves a 41.41% return, which is significantly higher than ITUB's 12.88% return. Over the past 10 years, HAL has underperformed ITUB with an annualized return of 0.88%, while ITUB has yielded a comparatively higher 18.25% annualized return.
HAL
- 1D
- -0.40%
- 1M
- -3.05%
- YTD
- 41.41%
- 6M
- 39.63%
- 1Y
- 84.34%
- 3Y*
- 9.02%
- 5Y*
- 12.63%
- 10Y*
- 0.88%
ITUB
- 1D
- 1.01%
- 1M
- 1.83%
- YTD
- 12.88%
- 6M
- 13.72%
- 1Y
- 35.09%
- 3Y*
- 26.58%
- 5Y*
- 23.47%
- 10Y*
- 18.25%
HAL vs. ITUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAL Halliburton Company | 41.41% | 7.02% | -23.19% | -6.47% | 74.45% | 21.99% | -21.23% | -4.90% | -44.63% | -8.18% |
ITUB Itaú Unibanco Holding S.A. | 12.88% | 86.06% | -23.49% | 54.53% | 30.82% | -6.05% | -30.47% | 8.46% | 12.68% | 30.90% |
Correlation
The correlation between HAL and ITUB is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2002 | 0.34 |
The correlation between HAL and ITUB shifts across timeframes, from 0.11 (3 years) to 0.34 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HAL:
$33.22B
ITUB:
$88.83B
HAL:
$1.82
ITUB:
R$4.00
HAL:
21.80
ITUB:
10.19
HAL:
3.48
ITUB:
1.01
HAL:
1.51
ITUB:
1.21
HAL:
3.07
ITUB:
2.08
HAL:
$22.17B
ITUB:
R$384.43B
HAL:
$3.40B
ITUB:
R$131.20B
HAL:
$3.83B
ITUB:
R$54.38B
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Return for Risk
HAL vs. ITUB — Risk / Return Rank
HAL
ITUB
HAL vs. ITUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Halliburton Company (HAL) and Itaú Unibanco Holding S.A. (ITUB). 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.
| HAL | ITUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.20 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 6.47 | 1.64 | +4.83 |
| Martin ratioReturn relative to average drawdown | 16.47 | 4.32 | +12.15 |
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Drawdowns
HAL vs. ITUB - Drawdown Comparison
The maximum HAL drawdown since its inception was -92.99%, which is greater than ITUB's maximum drawdown of -69.35%. Use the drawdown chart below to compare losses from any high point for HAL and ITUB.
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Drawdown Indicators
| HAL | ITUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.99% | -69.35% | -23.64% |
Max Drawdown (1Y)Largest decline over 1 year | -13.10% | -21.53% | +8.43% |
Max Drawdown (3Y)Largest decline over 3 years | -54.01% | -28.17% | -25.84% |
Max Drawdown (5Y)Largest decline over 5 years | -54.01% | -31.59% | -22.42% |
Max Drawdown (10Y)Largest decline over 10 years | -91.45% | -61.96% | -29.49% |
Current DrawdownCurrent decline from peak | -32.89% | -15.62% | -17.27% |
Average DrawdownAverage peak-to-trough decline | -39.12% | -21.01% | -18.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.14% | 8.14% | -3.00% |
Volatility
HAL vs. ITUB - Volatility Comparison
Halliburton Company (HAL) and Itaú Unibanco Holding S.A. (ITUB) have volatilities of 9.32% and 9.45%, 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.
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Volatility by Period
| HAL | ITUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 9.45% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 24.13% | 25.03% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.76% | 31.11% | +5.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.18% | 33.91% | +6.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.96% | 38.44% | +7.52% |
Dividends
HAL vs. ITUB - Dividend Comparison
HAL's dividend yield for the trailing twelve months is around 1.72%, less than ITUB's 7.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAL Halliburton Company | 1.72% | 2.41% | 2.50% | 1.77% | 1.22% | 0.79% | 1.67% | 2.94% | 2.71% | 1.47% | 1.33% | 2.12% |
ITUB Itaú Unibanco Holding S.A. | 7.27% | 11.26% | 9.20% | 3.61% | 4.21% | 29.81% | 4.80% | 8.21% | 6.93% | 3.35% | 15.63% | 3.89% |
Financials
HAL vs. ITUB - Financials Comparison
This section allows you to compare key financial metrics between Halliburton Company and Itaú Unibanco Holding S.A.. 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
HAL vs. ITUB - Profitability Comparison
HAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a gross profit of 790.00M and revenue of 5.40B. Therefore, the gross margin over that period was 14.6%.
ITUB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a gross profit of 32.47B and revenue of 94.91B. Therefore, the gross margin over that period was 34.2%.
HAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported an operating income of 679.00M and revenue of 5.40B, resulting in an operating margin of 12.6%.
ITUB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported an operating income of 12.47B and revenue of 94.91B, resulting in an operating margin of 13.1%.
HAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a net income of 461.00M and revenue of 5.40B, resulting in a net margin of 8.5%.
ITUB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a net income of 11.42B and revenue of 94.91B, resulting in a net margin of 12.0%.
Frequently Asked Questions
HAL and ITUB 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.
ITUB has higher volatility (9.45%) compared to HAL (9.32%). In terms of maximum drawdown, HAL dropped -92.99% vs ITUB's -69.35%.
HAL currently has the higher Sharpe Ratio (2.31 vs 1.13), 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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