HL vs. DXJ
HL (Hecla Mining Company) is a stock, while DXJ (WisdomTree Japan Hedged Equity Fund) is Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Over the past 10 years, HL returned 8.43%/yr vs 19.00%/yr for DXJ. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
HL vs. DXJ - Performance Comparison
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Returns By Period
In the year-to-date period, HL achieves a -26.39% return, which is significantly lower than DXJ's 21.25% return. Over the past 10 years, HL has underperformed DXJ with an annualized return of 8.43%, while DXJ has yielded a comparatively higher 19.00% annualized return.
HL
- 1D
- -5.43%
- 1M
- -9.43%
- 6M
- -37.28%
- YTD
- -26.39%
- 1Y
- 146.28%
- 3Y*
- 37.43%
- 5Y*
- 16.67%
- 10Y*
- 8.43%
- ALL TIME*
- -0.08%
DXJ
- 1D
- -0.73%
- 1M
- -1.20%
- 6M
- 14.45%
- YTD
- 21.25%
- 1Y
- 46.99%
- 3Y*
- 30.10%
- 5Y*
- 27.38%
- 10Y*
- 19.00%
- ALL TIME*
- 9.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $66.09M | $60.67M | $58.46M | |
| $675.62M | $596.53M | $453.27M |
HL vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -26.39% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
DXJ WisdomTree Japan Hedged Equity Fund | 21.25% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -19.78% | 22.81% |
Correlation
The correlation between HL and DXJ is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2006 | 0.19 |
Over the past year, HL and DXJ have become more correlated (0.43) than their long-term average of 0.19, meaning their price movements have been converging.
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Return for Risk
HL vs. DXJ — Risk / Return Rank
HL
DXJ
HL vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and WisdomTree Japan Hedged Equity Fund (DXJ). 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 | DXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.46 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 4.30 | -1.66 |
| Martin ratioReturn relative to average drawdown | 4.75 | 16.08 | -11.33 |
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Drawdowns
HL vs. DXJ - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for HL and DXJ.
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Drawdown Indicators
| HL | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -49.63% | -48.29% |
Max Drawdown (1Y)Largest decline over 1 year | -55.81% | -10.98% | -44.83% |
Max Drawdown (3Y)Largest decline over 3 years | -55.81% | -22.19% | -33.62% |
Max Drawdown (5Y)Largest decline over 5 years | -55.81% | -22.19% | -33.62% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -39.14% | -43.31% |
Current DrawdownCurrent decline from peak | -55.59% | -3.40% | -52.19% |
Average DrawdownAverage peak-to-trough decline | -69.88% | -14.24% | -55.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.92% | 2.93% | +27.99% |
Volatility
HL vs. DXJ - Volatility Comparison
Hecla Mining Company (HL) has a higher volatility of 17.22% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 6.07%. This indicates that HL's price experiences larger fluctuations and is considered to be riskier than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HL | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.22% | 6.07% | +11.15% |
Volatility (6M)Calculated over the trailing 6-month period | 51.30% | 14.35% | +36.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.85% | 18.07% | +55.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.58% | 19.07% | +40.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.79% | 19.93% | +42.86% |
Dividends
HL vs. DXJ - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.11%, less than DXJ's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 0.97% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
HL Hecla Mining Company | 0.11% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
Frequently Asked Questions
HL and DXJ have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HL has higher volatility (17.22%) compared to DXJ (6.07%). In terms of maximum drawdown, HL dropped -97.92% vs DXJ's -49.63%.
DXJ currently has the higher Sharpe Ratio (2.61 vs 1.99), 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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