HIVE vs. PLUG
HIVE (HIVE Blockchain Technologies Ltd) and PLUG (Plug Power Inc.) are both stocks. HIVE operates in Capital Markets (Financial Services), while PLUG operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, HIVE returned -20.84%/yr vs -38.69%/yr for PLUG. At a 0.32 correlation, their price movements are largely independent.
Performance
HIVE vs. PLUG - Performance Comparison
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Returns By Period
In the year-to-date period, HIVE achieves a 44.57% return, which is significantly higher than PLUG's 40.10% return.
HIVE
- 1D
- -1.58%
- 1M
- 38.66%
- YTD
- 44.57%
- 6M
- 21.90%
- 1Y
- 97.35%
- 3Y*
- 6.13%
- 5Y*
- -20.84%
- 10Y*
- —
PLUG
- 1D
- -2.47%
- 1M
- -26.98%
- YTD
- 40.10%
- 6M
- 18.97%
- 1Y
- 113.95%
- 3Y*
- -36.75%
- 5Y*
- -38.69%
- 10Y*
- 4.78%
HIVE vs. PLUG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HIVE HIVE Blockchain Technologies Ltd | 44.57% | -9.47% | -37.09% | 214.58% | -89.09% | 39.68% | 2,600.00% | -64.10% | -92.50% |
PLUG Plug Power Inc. | 40.10% | -7.51% | -52.67% | -63.62% | -56.18% | -16.75% | 973.10% | 154.84% | -48.33% |
Correlation
The correlation between HIVE and PLUG is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018 | 0.32 |
The correlation between HIVE and PLUG shifts across timeframes, from 0.32 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HIVE:
-$0.33
PLUG:
-$1.39
HIVE:
3.19
PLUG:
4.51
HIVE:
$257.14M
PLUG:
$739.76M
HIVE:
$58.57M
PLUG:
-$189.79M
HIVE:
$87.81M
PLUG:
-$745.89M
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Return for Risk
HIVE vs. PLUG — Risk / Return Rank
HIVE
PLUG
HIVE vs. PLUG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HIVE Blockchain Technologies Ltd (HIVE) and Plug Power Inc. (PLUG). 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 | PLUG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 1.99 | -0.77 |
| Martin ratioReturn relative to average drawdown | 1.96 | 3.38 | -1.41 |
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Drawdowns
HIVE vs. PLUG - Drawdown Comparison
The maximum HIVE drawdown since its inception was -97.73%, roughly equal to the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for HIVE and PLUG.
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Drawdown Indicators
| HIVE | PLUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.73% | -99.99% | +2.26% |
Max Drawdown (1Y)Largest decline over 1 year | -74.86% | -56.66% | -18.20% |
Max Drawdown (3Y)Largest decline over 3 years | -80.27% | -94.69% | +14.42% |
Max Drawdown (5Y)Largest decline over 5 years | -94.61% | -98.43% | +3.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.04% | — |
Current DrawdownCurrent decline from peak | -86.10% | -99.82% | +13.72% |
Average DrawdownAverage peak-to-trough decline | -78.56% | -96.21% | +17.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.70% | 33.39% | +13.31% |
Volatility
HIVE vs. PLUG - Volatility Comparison
HIVE Blockchain Technologies Ltd (HIVE) has a higher volatility of 39.86% compared to Plug Power Inc. (PLUG) at 26.34%. This indicates that HIVE's price experiences larger fluctuations and is considered to be riskier than PLUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIVE | PLUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.86% | 26.34% | +13.52% |
Volatility (6M)Calculated over the trailing 6-month period | 67.14% | 64.10% | +3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.73% | 108.06% | -12.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.17% | 94.54% | -1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 109.17% | 89.47% | +19.70% |
Dividends
HIVE vs. PLUG - Dividend Comparison
Neither HIVE nor PLUG has paid dividends to shareholders.
Financials
HIVE vs. PLUG - Financials Comparison
This section allows you to compare key financial metrics between HIVE Blockchain Technologies Ltd and Plug Power Inc.. 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
Frequently Asked Questions
HIVE and PLUG have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIVE has higher volatility (39.86%) compared to PLUG (26.34%). In terms of maximum drawdown, HIVE dropped -97.73% vs PLUG's -99.99%.
PLUG currently has the higher Sharpe Ratio (1.05 vs 0.96), 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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