HL vs. IXC
HL (Hecla Mining Company) is a stock, while IXC (iShares Global Energy ETF) is Energy Equities fund tracking the S&P Global Energy Sector Index. Over the past 10 years, HL returned 14.62%/yr vs 10.29%/yr for IXC. At a 0.35 correlation, their price movements are largely independent.
Performance
HL vs. IXC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HL achieves a -13.10% return, which is significantly lower than IXC's 32.22% return. Over the past 10 years, HL has outperformed IXC with an annualized return of 14.62%, while IXC has yielded a comparatively lower 10.29% annualized return.
HL
- 1D
- -6.35%
- 1M
- -5.16%
- YTD
- -13.10%
- 6M
- -3.94%
- 1Y
- 189.25%
- 3Y*
- 45.57%
- 5Y*
- 13.86%
- 10Y*
- 14.62%
IXC
- 1D
- 0.87%
- 1M
- -1.75%
- YTD
- 32.22%
- 6M
- 30.00%
- 1Y
- 48.10%
- 3Y*
- 18.84%
- 5Y*
- 19.64%
- 10Y*
- 10.29%
HL vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -13.10% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
IXC iShares Global Energy ETF | 32.22% | 13.98% | 1.95% | 3.92% | 48.51% | 40.88% | -31.00% | 12.67% | -14.85% | 5.54% |
Correlation
The correlation between HL and IXC is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2001 | 0.35 |
The correlation between HL and IXC shifts across timeframes, from -0.02 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HL vs. IXC — Risk / Return Rank
HL
IXC
HL vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and iShares Global Energy ETF (IXC). 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 | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.42 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 5.00 | -1.08 |
| Martin ratioReturn relative to average drawdown | 8.20 | 15.10 | -6.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HL | IXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.66 | 2.58 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.84 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.38 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.32 | -0.31 |
Drawdowns
HL vs. IXC - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for HL and IXC.
Loading charts...
Drawdown Indicators
| HL | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -67.88% | -30.04% |
Max Drawdown (1Y)Largest decline over 1 year | -48.56% | -9.66% | -38.90% |
Max Drawdown (3Y)Largest decline over 3 years | -48.56% | -19.06% | -29.50% |
Max Drawdown (5Y)Largest decline over 5 years | -63.18% | -24.93% | -38.25% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -64.16% | -18.29% |
Current DrawdownCurrent decline from peak | -47.57% | -4.84% | -42.73% |
Average DrawdownAverage peak-to-trough decline | -69.95% | -17.48% | -52.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.18% | 3.20% | +19.98% |
Volatility
HL vs. IXC - Volatility Comparison
Hecla Mining Company (HL) has a higher volatility of 22.42% compared to iShares Global Energy ETF (IXC) at 7.50%. This indicates that HL's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HL | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.42% | 7.50% | +14.92% |
Volatility (6M)Calculated over the trailing 6-month period | 53.84% | 15.42% | +38.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.57% | 18.75% | +52.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.06% | 23.50% | +35.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.65% | 26.85% | +35.80% |
Dividends
HL vs. IXC - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.09%, less than IXC's 2.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | 0.09% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
IXC iShares Global Energy ETF | 2.79% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Frequently Asked Questions
HL and IXC have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HL has higher volatility (22.42%) compared to IXC (7.50%). In terms of maximum drawdown, HL dropped -97.92% vs IXC's -67.88%.
HL currently has the higher Sharpe Ratio (2.66 vs 2.58), 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.
Find the right allocation for HL and IXC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer