HL vs. INBX

Last updated Jun 9, 2026

HL (Hecla Mining Company) and INBX (Inhibrx, Inc.) are both stocks. HL operates in Gold (Basic Materials), while INBX operates in Biotechnology (Healthcare). Over the past year, HL returned 137.76% vs 540.30% for INBX. At a 0.13 correlation, their price movements are largely independent.

Performance

HL vs. INBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hecla Mining Company (HL) and Inhibrx, Inc. (INBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HL achieves a -22.38% return, which is significantly lower than INBX's 12.82% return.

HL

• 1D: 0.74%
• 1M: -19.97%
• YTD: -22.38%
• 6M: -6.02%
• 1Y: 137.76%
• 3Y*: 41.41%
• 5Y*: 11.39%
• 10Y*: 13.21%

INBX

• 1D: 2.44%
• 1M: -33.66%
• YTD: 12.82%
• 6M: -4.68%
• 1Y: 540.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HL vs. INBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HL Hecla Mining Company	-22.38%	291.70%	-14.36%
INBX Inhibrx, Inc.	12.82%	412.99%	10.63%

Correlation

The correlation between HL and INBX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since May 30, 2024	0.13

Fundamentals

Market Cap HL : $10.05B INBX : $1.39B
EPS HL : $0.84 INBX : -$8.40
PS Ratio HL : 6.30 INBX : 1.06K
Total Revenue (TTM) HL : $1.57B INBX : $1.30M
Gross Profit (TTM) HL : $788.95M INBX : -$508.00K
EBITDA (TTM) HL : $864.40M INBX : -$117.63M

Return for Risk

HL vs. INBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HL

HL Risk / Return Rank: 82
HL Sharpe Ratio Rank: 88
HL Sortino Ratio Rank: 83
HL Omega Ratio Rank: 81
HL Calmar Ratio Rank: 81
HL Martin Ratio Rank: 79

INBX

INBX Risk / Return Rank: 98
INBX Sharpe Ratio Rank: 98
INBX Sortino Ratio Rank: 98
INBX Omega Ratio Rank: 97
INBX Calmar Ratio Rank: 99
INBX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HL vs. INBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and Inhibrx, Inc. (INBX). 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.

	HL	INBX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	4.21	-2.29
Sortino ratio: Return per unit of downside risk	2.45	5.21	-2.76
Omega ratio: Gain probability vs. loss probability	1.30	1.67	-0.36
Calmar ratio: Return relative to maximum drawdown	2.59	14.10	-11.51
Martin ratio: Return relative to average drawdown	5.82	36.07	-30.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HL vs. INBX - Sharpe Ratio Comparison

The current HL Sharpe Ratio is 1.92, which is lower than the INBX Sharpe Ratio of 4.21. The chart below compares the historical Sharpe Ratios of HL and INBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HL	INBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	4.21	-2.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	1.51	-1.51

Drawdowns

HL vs. INBX - Drawdown Comparison

The maximum HL drawdown since its inception was -97.92%, which is greater than INBX's maximum drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for HL and INBX.

Drawdown Indicators

	HL	INBX	Difference
Max Drawdown Largest peak-to-trough decline	-97.92%	-39.84%	-58.08%
Max Drawdown (1Y) Largest decline over 1 year	-53.52%	-38.66%	-14.86%
Max Drawdown (3Y) Largest decline over 3 years	-53.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-82.45%	—	—
Current Drawdown Current decline from peak	-53.17%	-37.16%	-16.01%
Average Drawdown Average peak-to-trough decline	-69.95%	-16.96%	-52.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.76%	15.08%	+8.68%

Volatility

HL vs. INBX - Volatility Comparison

The current volatility for Hecla Mining Company (HL) is 24.76%, while Inhibrx, Inc. (INBX) has a volatility of 26.07%. This indicates that HL experiences smaller price fluctuations and is considered to be less risky than INBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HL	INBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.76%	26.07%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	55.25%	62.17%	-6.92%
Volatility (1Y) Calculated over the trailing 1-year period	72.35%	129.72%	-57.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.31%	100.66%	-41.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.76%	100.66%	-37.90%

Dividends

HL vs. INBX - Dividend Comparison

HL's dividend yield for the trailing twelve months is around 0.10%, while INBX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
INBX Inhibrx, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both HL and INBX in my portfolio?

HL and INBX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HL or INBX?

INBX has higher volatility (26.07%) compared to HL (24.76%). In terms of maximum drawdown, HL dropped -97.92% vs INBX's -39.84%.

Which has better risk-adjusted returns?

INBX currently has the higher Sharpe Ratio (4.21 vs 1.92), 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.