HIVE vs. KULR

Last updated Jun 24, 2026

HIVE (HIVE Digital Technologies Ltd.) and KULR (KULR Technology Group, Inc.) are both stocks. HIVE operates in Capital Markets (Financial Services), while KULR operates in Electronic Components (Technology). Over the past 5 years, HIVE returned -17.06%/yr vs -28.26%/yr for KULR. At a 0.21 correlation, their price movements are largely independent.

Performance

HIVE vs. KULR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HIVE Digital Technologies Ltd. (HIVE) and KULR Technology Group, Inc. (KULR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIVE achieves a 79.46% return, which is significantly higher than KULR's 30.41% return.

HIVE

• 1D: -5.51%
• 1M: 13.76%
• YTD: 79.46%
• 6M: 63.60%
• 1Y: 177.25%
• 3Y*: 3.72%
• 5Y*: -17.06%
• 10Y*: —

KULR

• 1D: -3.26%
• 1M: -16.27%
• YTD: 30.41%
• 6M: 8.43%
• 1Y: -42.30%
• 3Y*: -9.34%
• 5Y*: -28.26%
• 10Y*: —

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

HIVE vs. KULR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HIVE HIVE Digital Technologies Ltd.	79.46%	-9.47%	-37.09%	214.58%	-89.09%	39.68%	2,600.00%	-64.10%	-75.00%
KULR KULR Technology Group, Inc.	30.41%	-89.58%	1,818.92%	-84.58%	-56.52%	87.76%	-2.00%	-42.31%	136.36%

Correlation

The correlation between HIVE and KULR is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jul 18, 2018	0.21

Over the past year, HIVE and KULR have become more correlated (0.51) than their long-term average of 0.21, meaning their price movements have been converging.

Fundamentals

EPS HIVE : -$0.33 KULR : -$1.57
PS Ratio HIVE : 3.96 KULR : 9.43
Total Revenue (TTM) HIVE : $257.14M KULR : $16.17M
Gross Profit (TTM) HIVE : $58.57M KULR : $770.97K
EBITDA (TTM) HIVE : $87.81M KULR : -$60.59M

Return for Risk

HIVE vs. KULR — Risk / Return Rank

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

HIVE

HIVE Risk / Return Rank: 81
HIVE Sharpe Ratio Rank: 87
HIVE Sortino Ratio Rank: 85
HIVE Omega Ratio Rank: 81
HIVE Calmar Ratio Rank: 79
HIVE Martin Ratio Rank: 72

KULR

KULR Risk / Return Rank: 26
KULR Sharpe Ratio Rank: 24
KULR Sortino Ratio Rank: 31
KULR Omega Ratio Rank: 31
KULR Calmar Ratio Rank: 21
KULR Martin Ratio Rank: 25

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. KULR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HIVE Digital Technologies Ltd. (HIVE) and KULR Technology Group, Inc. (KULR). 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.

	HIVE	KULR	Difference
Sharpe ratio: Return per unit of total volatility	1.84	-0.41	+2.25
Sortino ratio: Return per unit of downside risk	2.60	-0.05	+2.65
Omega ratio: Gain probability vs. loss probability	1.30	0.99	+0.31
Calmar ratio: Return relative to maximum drawdown	2.38	-0.59	+2.97
Martin ratio: Return relative to average drawdown	3.78	-0.88	+4.67

HIVE vs. KULR - Sharpe Ratio Comparison

The current HIVE Sharpe Ratio is 1.84, which is higher than the KULR Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of HIVE and KULR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HIVE vs. KULR - Drawdown Comparison

The maximum HIVE drawdown since its inception was -97.73%, roughly equal to the maximum KULR drawdown of -97.23%. Use the drawdown chart below to compare losses from any high point for HIVE and KULR.

Drawdown Indicators

	HIVE	KULR	Difference
Max Drawdown Largest peak-to-trough decline	-97.73%	-97.23%	-0.50%
Max Drawdown (1Y) Largest decline over 1 year	-74.86%	-71.67%	-3.19%
Max Drawdown (3Y) Largest decline over 3 years	-80.27%	-94.74%	+14.47%
Max Drawdown (5Y) Largest decline over 5 years	-94.61%	-96.86%	+2.25%
Current Drawdown Current decline from peak	-82.74%	-89.95%	+7.21%
Average Drawdown Average peak-to-trough decline	-78.58%	-66.32%	-12.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.05%	48.07%	-1.02%

Volatility

HIVE vs. KULR - Volatility Comparison

The current volatility for HIVE Digital Technologies Ltd. (HIVE) is 30.10%, while KULR Technology Group, Inc. (KULR) has a volatility of 39.36%. This indicates that HIVE experiences smaller price fluctuations and is considered to be less risky than KULR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIVE	KULR	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.10%	39.36%	-9.26%
Volatility (6M) Calculated over the trailing 6-month period	68.24%	77.16%	-8.92%
Volatility (1Y) Calculated over the trailing 1-year period	96.98%	102.84%	-5.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.43%	126.17%	-32.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.21%	127.02%	-17.81%

Dividends

HIVE vs. KULR - Dividend Comparison

Neither HIVE nor KULR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both HIVE and KULR in my portfolio?

HIVE and KULR have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIVE or KULR?

KULR has higher volatility (39.36%) compared to HIVE (30.10%). In terms of maximum drawdown, HIVE dropped -97.73% vs KULR's -97.23%.

Which has better risk-adjusted returns?

HIVE currently has the higher Sharpe Ratio (1.84 vs -0.41), 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.