HBM.TO vs. ^TNX
Compare and contrast key facts about Hudbay Minerals Inc. (HBM.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HBM.TO or ^TNX.
Key characteristics
| HBM.TO | ^TNX | |
|---|---|---|
| YTD Return | 66.35% | 15.13% |
| 1Y Return | 104.85% | 0.23% |
| 3Y Return (Ann) | 9.73% | 41.37% |
| 5Y Return (Ann) | 21.52% | 19.49% |
| 10Y Return (Ann) | 3.68% | 6.75% |
| Sharpe Ratio | 2.51 | -0.17 |
| Sortino Ratio | 3.15 | -0.08 |
| Omega Ratio | 1.39 | 0.99 |
| Calmar Ratio | 1.46 | -0.07 |
| Martin Ratio | 8.74 | -0.35 |
| Ulcer Index | 12.98% | 11.31% |
| Daily Std Dev | 45.18% | 23.47% |
| Max Drawdown | -96.48% | -93.78% |
| Current Drawdown | -54.32% | -44.52% |
Correlation
The correlation between HBM.TO and ^TNX is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HBM.TO vs. ^TNX - Performance Comparison
In the year-to-date period, HBM.TO achieves a 66.35% return, which is significantly higher than ^TNX's 15.13% return. Over the past 10 years, HBM.TO has underperformed ^TNX with an annualized return of 3.68%, while ^TNX has yielded a comparatively higher 6.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HBM.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudbay Minerals Inc. (HBM.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
HBM.TO vs. ^TNX - Drawdown Comparison
The maximum HBM.TO drawdown since its inception was -96.48%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for HBM.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
HBM.TO vs. ^TNX - Volatility Comparison
Hudbay Minerals Inc. (HBM.TO) has a higher volatility of 14.34% compared to Treasury Yield 10 Years (^TNX) at 6.35%. This indicates that HBM.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.