HBM vs. HAGHY
HBM (Hudbay Minerals Inc.) and HAGHY (Hensoldt AG) are both stocks. HBM operates in Copper (Basic Materials), while HAGHY operates in Aerospace & Defense (Industrials). Over the past 3 years, HBM returned 78.89%/yr vs 41.89%/yr for HAGHY. At a 0.07 correlation, their price movements are largely independent.
Performance
HBM vs. HAGHY - Performance Comparison
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Returns By Period
In the year-to-date period, HBM achieves a 40.23% return, which is significantly higher than HAGHY's 1.44% return.
HBM
- 1D
- 4.43%
- 1M
- 0.32%
- YTD
- 40.23%
- 6M
- 49.02%
- 1Y
- 189.83%
- 3Y*
- 78.89%
- 5Y*
- 31.42%
- 10Y*
- 19.31%
HAGHY
- 1D
- -5.73%
- 1M
- 0.63%
- YTD
- 1.44%
- 6M
- 2.37%
- 1Y
- -19.30%
- 3Y*
- 41.89%
- 5Y*
- —
- 10Y*
- —
HBM vs. HAGHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HBM Hudbay Minerals Inc. | 40.23% | 145.46% | 47.03% | 9.24% | -36.21% |
HAGHY Hensoldt AG | 1.44% | 144.40% | 31.10% | 15.83% | -17.04% |
Correlation
The correlation between HBM and HAGHY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2022 | 0.07 |
The correlation between HBM and HAGHY shifts across timeframes, from 0.07 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
HBM:
$11.09B
HAGHY:
$20.71B
HBM:
$1.65
HAGHY:
€0.08
HBM:
16.83
HAGHY:
98.02
HBM:
0.12
HAGHY:
2.19
HBM:
4.68
HAGHY:
3.80
HBM:
3.13
HAGHY:
18.28
HBM:
$2.37B
HAGHY:
€2.55B
HBM:
$828.54M
HAGHY:
€535.68M
HBM:
$1.54B
HAGHY:
€413.05M
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Return for Risk
HBM vs. HAGHY — Risk / Return Rank
HBM
HAGHY
HBM vs. HAGHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudbay Minerals Inc. (HBM) and Hensoldt AG (HAGHY). 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.
| HBM | HAGHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.58 | ||
| Sortino ratioReturn per unit of downside risk | +3.41 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.98 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | -0.45 | +5.74 |
| Martin ratioReturn relative to average drawdown | 16.41 | -0.74 | +17.15 |
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Drawdowns
HBM vs. HAGHY - Drawdown Comparison
The maximum HBM drawdown since its inception was -92.21%, which is greater than HAGHY's maximum drawdown of -42.91%. Use the drawdown chart below to compare losses from any high point for HBM and HAGHY.
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Drawdown Indicators
| HBM | HAGHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.21% | -42.91% | -49.30% |
Max Drawdown (1Y)Largest decline over 1 year | -36.16% | -42.91% | +6.75% |
Max Drawdown (3Y)Largest decline over 3 years | -41.11% | -42.91% | +1.80% |
Max Drawdown (5Y)Largest decline over 5 years | -63.33% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.34% | — | — |
Current DrawdownCurrent decline from peak | -12.68% | -34.77% | +22.09% |
Average DrawdownAverage peak-to-trough decline | -52.45% | -20.42% | -32.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.62% | 26.00% | -14.38% |
Volatility
HBM vs. HAGHY - Volatility Comparison
Hudbay Minerals Inc. (HBM) has a higher volatility of 25.87% compared to Hensoldt AG (HAGHY) at 17.33%. This indicates that HBM's price experiences larger fluctuations and is considered to be riskier than HAGHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBM | HAGHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.87% | 17.33% | +8.54% |
Volatility (6M)Calculated over the trailing 6-month period | 47.72% | 40.88% | +6.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.13% | 55.56% | +3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.51% | 56.61% | -1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.82% | 56.61% | +2.21% |
Dividends
HBM vs. HAGHY - Dividend Comparison
HBM's dividend yield for the trailing twelve months is around 0.08%, less than HAGHY's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAGHY Hensoldt AG | 0.74% | 0.63% | 1.20% | 1.19% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HBM Hudbay Minerals Inc. | 0.08% | 0.07% | 0.17% | 0.31% | 0.32% | 0.22% | 0.21% | 0.36% | 0.38% | 0.23% | 0.35% | 0.52% |
Financials
HBM vs. HAGHY - Financials Comparison
This section allows you to compare key financial metrics between Hudbay Minerals Inc. and Hensoldt AG. 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
HBM vs. HAGHY - Profitability Comparison
HBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a gross profit of 340.81M and revenue of 745.43M. Therefore, the gross margin over that period was 45.7%.
HAGHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hensoldt AG reported a gross profit of 69.00M and revenue of 496.00M. Therefore, the gross margin over that period was 13.9%.
HBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported an operating income of 297.62M and revenue of 745.43M, resulting in an operating margin of 39.9%.
HAGHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hensoldt AG reported an operating income of -4.00M and revenue of 496.00M, resulting in an operating margin of -0.8%.
HBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a net income of 187.76M and revenue of 745.43M, resulting in a net margin of 25.2%.
HAGHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hensoldt AG reported a net income of -19.00M and revenue of 496.00M, resulting in a net margin of -3.8%.
Frequently Asked Questions
HBM and HAGHY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBM has higher volatility (25.87%) compared to HAGHY (17.33%). In terms of maximum drawdown, HBM dropped -92.21% vs HAGHY's -42.91%.
HBM currently has the higher Sharpe Ratio (3.23 vs -0.35), 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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