Correlation
The correlation between HBM and VOO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
HBM vs. VOO
Compare and contrast key facts about Hudbay Minerals Inc. (HBM) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HBM or VOO.
Performance
HBM vs. VOO - Performance Comparison
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Key characteristics
HBM:
-0.12
VOO:
0.72
HBM:
0.19
VOO:
1.14
HBM:
1.02
VOO:
1.17
HBM:
-0.10
VOO:
0.76
HBM:
-0.39
VOO:
2.87
HBM:
16.97%
VOO:
4.94%
HBM:
52.78%
VOO:
19.55%
HBM:
-92.24%
VOO:
-33.99%
HBM:
-47.09%
VOO:
-2.99%
Returns By Period
In the year-to-date period, HBM achieves a 13.08% return, which is significantly higher than VOO's 1.48% return. Over the past 10 years, HBM has underperformed VOO with an annualized return of -0.05%, while VOO has yielded a comparatively higher 12.96% annualized return.
HBM
13.08%
22.49%
4.80%
-6.06%
16.18%
25.31%
-0.05%
VOO
1.48%
4.65%
-1.16%
13.95%
14.76%
15.43%
12.96%
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Risk-Adjusted Performance
HBM vs. VOO — Risk-Adjusted Performance Rank
HBM
VOO
HBM vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudbay Minerals Inc. (HBM) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
HBM vs. VOO - Dividend Comparison
HBM's dividend yield for the trailing twelve months is around 0.15%, less than VOO's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBM Hudbay Minerals Inc. | 0.15% | 0.17% | 0.25% | 0.32% | 0.22% | 0.21% | 0.37% | 0.34% | 0.17% | 0.26% | 0.42% | 0.21% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
HBM vs. VOO - Drawdown Comparison
The maximum HBM drawdown since its inception was -92.24%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HBM and VOO.
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Volatility
HBM vs. VOO - Volatility Comparison
Hudbay Minerals Inc. (HBM) has a higher volatility of 11.71% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that HBM's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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