HL vs. KF
HL (Hecla Mining Company) is a stock, while KF (The Korea Fund Inc) is Emerging Markets Equities fund managed by Allianz Global Investors. Over the past 10 years, HL returned 9.48%/yr vs 14.10%/yr for KF. At a 0.15 correlation, their price movements are largely independent.
Performance
HL vs. KF - Performance Comparison
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Returns By Period
In the year-to-date period, HL achieves a -25.50% return, which is significantly lower than KF's 67.98% return. Over the past 10 years, HL has underperformed KF with an annualized return of 9.48%, while KF has yielded a comparatively higher 14.10% annualized return.
HL
- 1D
- -0.28%
- 1M
- -10.46%
- 6M
- -46.14%
- YTD
- -25.50%
- 1Y
- 145.82%
- 3Y*
- 35.33%
- 5Y*
- 16.77%
- 10Y*
- 9.48%
- ALL TIME*
- -0.05%
KF
- 1D
- 0.86%
- 1M
- -23.79%
- 6M
- 46.80%
- YTD
- 67.98%
- 1Y
- 126.73%
- 3Y*
- 39.52%
- 5Y*
- 15.72%
- 10Y*
- 14.10%
- ALL TIME*
- 7.29%
HL vs. KF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -25.50% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
KF The Korea Fund Inc | 67.98% | 99.36% | -19.29% | 12.34% | -30.02% | 8.44% | 37.14% | 6.83% | -19.26% | 42.50% |
Correlation
The correlation between HL and KF is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.15 |
Over the past year, HL and KF have become more correlated (0.36) than their long-term average of 0.15, meaning their price movements have been converging.
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Return for Risk
HL vs. KF — Risk / Return Rank
HL
KF
HL vs. KF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and The Korea Fund Inc (KF). 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 | KF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.42 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 5.01 | -2.39 |
| Martin ratioReturn relative to average drawdown | 5.00 | 15.30 | -10.30 |
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Drawdowns
HL vs. KF - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, which is greater than KF's maximum drawdown of -85.25%. Use the drawdown chart below to compare losses from any high point for HL and KF.
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Drawdown Indicators
| HL | KF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -85.25% | -12.67% |
Max Drawdown (1Y)Largest decline over 1 year | -55.81% | -25.42% | -30.39% |
Max Drawdown (3Y)Largest decline over 3 years | -55.81% | -28.04% | -27.77% |
Max Drawdown (5Y)Largest decline over 5 years | -55.81% | -46.83% | -8.98% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -52.91% | -29.54% |
Current DrawdownCurrent decline from peak | -55.06% | -23.79% | -31.27% |
Average DrawdownAverage peak-to-trough decline | -69.89% | -37.81% | -32.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.27% | 8.31% | +20.96% |
Volatility
HL vs. KF - Volatility Comparison
The current volatility for Hecla Mining Company (HL) is 14.84%, while The Korea Fund Inc (KF) has a volatility of 20.94%. This indicates that HL experiences smaller price fluctuations and is considered to be less risky than KF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HL | KF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.84% | 20.94% | -6.10% |
Volatility (6M)Calculated over the trailing 6-month period | 52.19% | 45.16% | +7.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.35% | 48.31% | +25.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.45% | 29.99% | +29.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.75% | 27.21% | +35.54% |
Dividends
HL vs. KF - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.10%, less than KF's 0.72% yield.
| 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% |
KF The Korea Fund Inc | 0.72% | 1.20% | 2.46% | 0.00% | 15.93% | 26.50% | 1.30% | 0.24% | 18.67% | 9.75% | 1.03% | 13.66% |
Frequently Asked Questions
HL and KF have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KF has higher volatility (20.94%) compared to HL (14.84%). In terms of maximum drawdown, HL dropped -97.92% vs KF's -85.25%.
KF currently has the higher Sharpe Ratio (2.64 vs 2.00), 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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