HL vs. GC=F
Compare and contrast key facts about Hecla Mining Company (HL) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HL or GC=F.
Correlation
The correlation between HL and GC=F is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HL vs. GC=F - Performance Comparison
Key characteristics
HL:
1.04
GC=F:
2.32
HL:
1.71
GC=F:
2.88
HL:
1.20
GC=F:
1.41
HL:
0.67
GC=F:
4.35
HL:
3.42
GC=F:
10.95
HL:
16.67%
GC=F:
3.18%
HL:
54.78%
GC=F:
14.76%
HL:
-97.96%
GC=F:
-44.36%
HL:
-75.29%
GC=F:
0.00%
Returns By Period
In the year-to-date period, HL achieves a 14.66% return, which is significantly higher than GC=F's 11.89% return. Over the past 10 years, HL has underperformed GC=F with an annualized return of 5.88%, while GC=F has yielded a comparatively higher 8.25% annualized return.
HL
14.66%
0.90%
-5.88%
58.40%
11.97%
5.88%
GC=F
11.89%
6.78%
18.67%
45.46%
10.87%
8.25%
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Risk-Adjusted Performance
HL vs. GC=F — Risk-Adjusted Performance Rank
HL
GC=F
HL vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and Gold (GC=F). 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.
Drawdowns
HL vs. GC=F - Drawdown Comparison
The maximum HL drawdown since its inception was -97.96%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for HL and GC=F. For additional features, visit the drawdowns tool.
Volatility
HL vs. GC=F - Volatility Comparison
Hecla Mining Company (HL) has a higher volatility of 20.06% compared to Gold (GC=F) at 3.97%. This indicates that HL's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.