HIVE vs. HUT

Last updated Apr 1, 2026

Compare and contrast key facts about HIVE Blockchain Technologies Ltd (HIVE) and Hut 8 Corp. Common Stock (HUT).

Performance

HIVE vs. HUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HIVE Blockchain Technologies Ltd (HIVE) and Hut 8 Corp. Common Stock (HUT). The values are adjusted to include any dividend payments, if applicable.

HIVE vs. HUT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HIVE HIVE Blockchain Technologies Ltd	-26.36%	-9.47%	-37.09%	214.58%	-89.09%	39.68%	2,600.00%	-64.10%	-81.94%
HUT Hut 8 Corp. Common Stock	2.11%	124.21%	53.60%	213.88%	-89.17%	185.45%	250.63%	-25.02%	-70.92%

Fundamentals

Market Cap HIVE : $454.17M HUT : $4.94B
EPS HIVE : -$0.33 HUT : -$1.96
PS Ratio HIVE : 1.63 HUT : 23.02
PB Ratio HIVE : 0.81 HUT : 3.47
Total Revenue (TTM) HIVE : $257.14M HUT : $235.12M
Gross Profit (TTM) HIVE : $58.57M HUT : $214.61M
EBITDA (TTM) HIVE : $87.81M HUT : $101.90M

Returns By Period

In the year-to-date period, HIVE achieves a -26.36% return, which is significantly lower than HUT's 2.11% return.

HIVE

• 1D: 8.57%
• 1M: -11.21%
• YTD: -26.36%
• 6M: -52.85%
• 1Y: 31.03%
• 3Y*: -16.72%
• 5Y*: -37.45%
• 10Y*: —

HUT

• 1D: 9.81%
• 1M: -11.87%
• YTD: 2.11%
• 6M: 34.76%
• 1Y: 303.70%
• 3Y*: 71.81%
• 5Y*: 3.58%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HIVE vs. HUT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HIVE

HIVE Risk / Return Rank: 55
HIVE Sharpe Ratio Rank: 55
HIVE Sortino Ratio Rank: 61
HIVE Omega Ratio Rank: 57
HIVE Calmar Ratio Rank: 51
HIVE Martin Ratio Rank: 50

HUT

HUT Risk / Return Rank: 94
HUT Sharpe Ratio Rank: 97
HUT Sortino Ratio Rank: 92
HUT Omega Ratio Rank: 89
HUT Calmar Ratio Rank: 97
HUT Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HIVE vs. HUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HIVE Blockchain Technologies Ltd (HIVE) and Hut 8 Corp. Common Stock (HUT). 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.

	HIVE	HUT	Difference
Sharpe ratio Return per unit of total volatility	0.36	3.06	-2.71
Sortino ratio Return per unit of downside risk	1.18	3.02	-1.84
Omega ratio Gain probability vs. loss probability	1.14	1.37	-0.23
Calmar ratio Return relative to maximum drawdown	0.36	7.78	-7.42
Martin ratio Return relative to average drawdown	0.68	21.45	-20.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIVE vs. HUT - Sharpe Ratio Comparison

The current HIVE Sharpe Ratio is 0.36, which is lower than the HUT Sharpe Ratio of 3.06. The chart below compares the historical Sharpe Ratios of HIVE and HUT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HIVE	HUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	3.06	-2.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	0.03	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	0.11	-0.31

Correlation

The correlation between HIVE and HUT is 0.66, 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.

Dividends

HIVE vs. HUT - Dividend Comparison

Neither HIVE nor HUT has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

HIVE vs. HUT - Drawdown Comparison

The maximum HIVE drawdown since its inception was -97.73%, roughly equal to the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for HIVE and HUT.

Drawdown Indicators

	HIVE	HUT	Difference
Max Drawdown Largest peak-to-trough decline	-97.73%	-95.04%	-2.69%
Max Drawdown (1Y) Largest decline over 1 year	-74.86%	-38.62%	-36.24%
Max Drawdown (5Y) Largest decline over 5 years	-94.61%	-95.04%	+0.43%
Current Drawdown Current decline from peak	-92.92%	-40.99%	-51.93%
Average Drawdown Average peak-to-trough decline	-78.35%	-64.96%	-13.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.08%	14.00%	+25.08%

Volatility

HIVE vs. HUT - Volatility Comparison

The current volatility for HIVE Blockchain Technologies Ltd (HIVE) is 22.67%, while Hut 8 Corp. Common Stock (HUT) has a volatility of 32.15%. This indicates that HIVE experiences smaller price fluctuations and is considered to be less risky than HUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIVE	HUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.67%	32.15%	-9.48%
Volatility (6M) Calculated over the trailing 6-month period	66.86%	79.63%	-12.77%
Volatility (1Y) Calculated over the trailing 1-year period	87.64%	99.93%	-12.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.05%	105.84%	-12.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.03%	114.83%	-5.80%

Financials