HL vs. BTI
HL (Hecla Mining Company) and BTI (British American Tobacco p.l.c.) are both stocks. HL operates in Gold (Basic Materials), while BTI operates in Tobacco (Consumer Defensive). Over the past 10 years, HL returned 13.95%/yr vs 7.69%/yr for BTI. At a 0.12 correlation, their price movements are largely independent.
Performance
HL vs. BTI - Performance Comparison
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Returns By Period
In the year-to-date period, HL achieves a -20.29% return, which is significantly lower than BTI's 11.67% return. Over the past 10 years, HL has outperformed BTI with an annualized return of 13.95%, while BTI has yielded a comparatively lower 7.69% annualized return.
HL
- 1D
- 2.00%
- 1M
- -13.30%
- YTD
- -20.29%
- 6M
- -18.68%
- 1Y
- 154.71%
- 3Y*
- 42.93%
- 5Y*
- 11.61%
- 10Y*
- 13.95%
BTI
- 1D
- 1.51%
- 1M
- -4.26%
- YTD
- 11.67%
- 6M
- 12.20%
- 1Y
- 35.30%
- 3Y*
- 34.54%
- 5Y*
- 17.96%
- 10Y*
- 7.69%
HL vs. BTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -20.29% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
BTI British American Tobacco p.l.c. | 11.67% | 65.81% | 35.44% | -19.97% | 14.91% | 7.95% | -4.73% | 42.97% | -49.35% | 24.40% |
Correlation
The correlation between HL and BTI is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 1985 | 0.12 |
The correlation between HL and BTI shifts across timeframes, from 0.12 (all time) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HL:
$10.32B
BTI:
$136.67B
HL:
$0.84
BTI:
£4.93
HL:
18.18
BTI:
9.44
HL:
0.08
BTI:
0.35
HL:
6.47
BTI:
1.99
HL:
4.02
BTI:
2.13
HL:
$1.57B
BTI:
£51.48B
HL:
$788.95M
BTI:
£42.82B
HL:
$864.40M
BTI:
£20.34B
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Return for Risk
HL vs. BTI — Risk / Return Rank
HL
BTI
HL vs. BTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and British American Tobacco p.l.c. (BTI). 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.
| HL | BTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.26 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 2.62 | +0.18 |
| Martin ratioReturn relative to average drawdown | 6.33 | 5.89 | +0.44 |
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Drawdowns
HL vs. BTI - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, which is greater than BTI's maximum drawdown of -64.11%. Use the drawdown chart below to compare losses from any high point for HL and BTI.
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Drawdown Indicators
| HL | BTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -64.11% | -33.81% |
Max Drawdown (1Y)Largest decline over 1 year | -55.81% | -13.75% | -42.06% |
Max Drawdown (3Y)Largest decline over 3 years | -55.81% | -13.75% | -42.06% |
Max Drawdown (5Y)Largest decline over 5 years | -61.04% | -29.94% | -31.10% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -56.00% | -26.45% |
Current DrawdownCurrent decline from peak | -51.91% | -6.57% | -45.34% |
Average DrawdownAverage peak-to-trough decline | -69.93% | -12.93% | -57.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.67% | 6.10% | +18.57% |
Volatility
HL vs. BTI - Volatility Comparison
Hecla Mining Company (HL) has a higher volatility of 22.72% compared to British American Tobacco p.l.c. (BTI) at 7.53%. This indicates that HL's price experiences larger fluctuations and is considered to be riskier than BTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HL | BTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.72% | 7.53% | +15.19% |
Volatility (6M)Calculated over the trailing 6-month period | 54.93% | 18.39% | +36.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.59% | 22.78% | +49.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.35% | 21.16% | +38.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.77% | 24.20% | +38.57% |
Dividends
HL vs. BTI - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.10%, less than BTI's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTI British American Tobacco p.l.c. | 4.95% | 5.29% | 8.18% | 9.72% | 7.23% | 7.98% | 7.22% | 6.35% | 8.53% | 4.27% | 3.85% | 4.11% |
HL Hecla Mining Company | 0.10% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
Financials
HL vs. BTI - Financials Comparison
This section allows you to compare key financial metrics between Hecla Mining Company and British American Tobacco p.l.c.. 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
HL vs. BTI - Profitability Comparison
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported a gross profit of 253.26M and revenue of 411.43M. Therefore, the gross margin over that period was 61.6%.
BTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a gross profit of 11.30B and revenue of 13.54B. Therefore, the gross margin over that period was 83.4%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported an operating income of 223.11M and revenue of 411.43M, resulting in an operating margin of 54.2%.
BTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported an operating income of 4.93B and revenue of 13.54B, resulting in an operating margin of 36.4%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported a net income of 266.45M and revenue of 411.43M, resulting in a net margin of 64.8%.
BTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a net income of 3.25B and revenue of 13.54B, resulting in a net margin of 24.0%.
Frequently Asked Questions
HL and BTI have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HL has higher volatility (22.72%) compared to BTI (7.53%). In terms of maximum drawdown, HL dropped -97.92% vs BTI's -64.11%.
HL currently has the higher Sharpe Ratio (2.16 vs 1.58), 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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