HL vs. FMV.DE
HL (Hecla Mining Company) and FMV.DE (First Majestic Silver Corp) are both stocks. Both are in the Basic Materials sector — HL in Other Precious Metals & Mining, FMV.DE in Silver. Over the past 10 years, HL returned 11.45%/yr vs 1.85%/yr for FMV.DE. At a 0.44 correlation, their price movements are largely independent.
Performance
HL vs. FMV.DE - Performance Comparison
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Different Trading Currencies
HL is traded in USD, while FMV.DE is traded in EUR. To make them comparable, the FMV.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HL achieves a -19.56% return, which is significantly lower than FMV.DE's -1.11% return. Over the past 10 years, HL has outperformed FMV.DE with an annualized return of 11.45%, while FMV.DE has yielded a comparatively lower 1.85% annualized return.
HL
- 1D
- 0.19%
- 1M
- -13.17%
- YTD
- -19.56%
- 6M
- -20.80%
- 1Y
- 157.90%
- 3Y*
- 44.78%
- 5Y*
- 16.35%
- 10Y*
- 11.45%
FMV.DE
- 1D
- 2.69%
- 1M
- -18.28%
- YTD
- -1.11%
- 6M
- -1.11%
- 1Y
- 110.53%
- 3Y*
- 46.25%
- 5Y*
- 2.18%
- 10Y*
- 1.85%
HL vs. FMV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -19.56% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
FMV.DE First Majestic Silver Corp | -1.11% | 215.51% | -11.01% | -27.00% | -22.13% | -14.17% | 4.91% | 107.84% | -16.76% | -16.43% |
Correlation
The correlation between HL and FMV.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2007 | 0.44 |
Over the past year, HL and FMV.DE have become more correlated (0.69) than their long-term average of 0.44, meaning their price movements have been converging.
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Return for Risk
HL vs. FMV.DE — Risk / Return Rank
HL
FMV.DE
HL vs. FMV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and First Majestic Silver Corp (FMV.DE). 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 | FMV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 2.23 | +0.62 |
| Martin ratioReturn relative to average drawdown | 5.91 | 4.89 | +1.02 |
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Drawdowns
HL vs. FMV.DE - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, which is greater than FMV.DE's maximum drawdown of -90.62%. Use the drawdown chart below to compare losses from any high point for HL and FMV.DE.
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Drawdown Indicators
| HL | FMV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -90.62% | -7.30% |
Max Drawdown (1Y)Largest decline over 1 year | -55.81% | -49.26% | -6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -55.81% | -49.26% | -6.55% |
Max Drawdown (5Y)Largest decline over 5 years | -55.81% | -72.41% | +16.60% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -79.49% | -2.96% |
Current DrawdownCurrent decline from peak | -51.47% | -45.89% | -5.58% |
Average DrawdownAverage peak-to-trough decline | -69.91% | -55.70% | -14.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.84% | 22.52% | +4.32% |
Volatility
HL vs. FMV.DE - Volatility Comparison
The current volatility for Hecla Mining Company (HL) is 21.36%, while First Majestic Silver Corp (FMV.DE) has a volatility of 24.06%. This indicates that HL experiences smaller price fluctuations and is considered to be less risky than FMV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HL | FMV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.36% | 24.06% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 54.58% | 57.92% | -3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.45% | 74.03% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.39% | 61.41% | -2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.83% | 60.75% | +2.08% |
Dividends
HL vs. FMV.DE - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.10%, less than FMV.DE's 0.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMV.DE First Majestic Silver Corp | 0.21% | 0.12% | 0.33% | 0.37% | 0.33% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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. FMV.DE - Financials Comparison
This section allows you to compare key financial metrics between Hecla Mining Company and First Majestic Silver Corp. 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
HL and FMV.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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