HL vs. NVT
HL (Hecla Mining Company) and NVT (nVent Electric plc) are both stocks. HL operates in Other Precious Metals & Mining (Basic Materials), while NVT operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, HL returned 16.67%/yr vs 39.10%/yr for NVT. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
HL vs. NVT - Performance Comparison
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Returns By Period
In the year-to-date period, HL achieves a -26.39% return, which is significantly lower than NVT's 51.57% return.
HL
- 1D
- -5.43%
- 1M
- -9.43%
- 6M
- -37.28%
- YTD
- -26.39%
- 1Y
- 146.28%
- 3Y*
- 37.43%
- 5Y*
- 16.67%
- 10Y*
- 8.43%
- ALL TIME*
- -0.08%
NVT
- 1D
- 6.24%
- 1M
- -3.72%
- 6M
- 37.41%
- YTD
- 51.57%
- 1Y
- 97.47%
- 3Y*
- 42.62%
- 5Y*
- 39.10%
- 10Y*
- —
- ALL TIME*
- 29.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $675.62M | $596.53M | $453.27M | |
| $373.02M | $340.45M | $350.68M |
HL vs. NVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -26.39% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -38.23% |
NVT nVent Electric plc | 51.57% | 51.27% | 16.63% | 55.98% | 3.32% | 67.15% | -5.68% | 17.24% | 7.52% |
Correlation
The correlation between HL and NVT is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 1, 2018 | 0.24 |
Fundamentals
HL:
$9.47B
NVT:
$24.88B
HL:
$0.83
NVT:
$3.63
HL:
17.01
NVT:
42.34
HL:
0.07
NVT:
1.02
HL:
6.05
NVT:
5.23
HL:
3.71
NVT:
6.33
HL:
$1.57B
NVT:
$4.83B
HL:
$788.95M
NVT:
$1.79B
HL:
$864.40M
NVT:
$1.01B
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Return for Risk
HL vs. NVT — Risk / Return Rank
HL
NVT
HL vs. NVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and nVent Electric plc (NVT). 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 | NVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.34 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 3.57 | -0.94 |
| Martin ratioReturn relative to average drawdown | 4.75 | 13.66 | -8.91 |
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Drawdowns
HL vs. NVT - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, which is greater than NVT's maximum drawdown of -56.18%. Use the drawdown chart below to compare losses from any high point for HL and NVT.
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Drawdown Indicators
| HL | NVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -56.18% | -41.74% |
Max Drawdown (1Y)Largest decline over 1 year | -55.81% | -27.42% | -28.39% |
Max Drawdown (3Y)Largest decline over 3 years | -55.81% | -46.67% | -9.14% |
Max Drawdown (5Y)Largest decline over 5 years | -55.81% | -46.67% | -9.14% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | — | — |
Current DrawdownCurrent decline from peak | -55.59% | -16.44% | -39.15% |
Average DrawdownAverage peak-to-trough decline | -69.88% | -11.83% | -58.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.92% | 7.16% | +23.76% |
Volatility
HL vs. NVT - Volatility Comparison
Hecla Mining Company (HL) and nVent Electric plc (NVT) have volatilities of 17.22% and 16.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HL | NVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.22% | 16.96% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 51.30% | 36.03% | +15.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.85% | 45.95% | +27.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.58% | 37.09% | +22.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.79% | 38.93% | +23.86% |
Dividends
HL vs. NVT - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.11%, less than NVT's 0.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | 0.11% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
NVT nVent Electric plc | 0.54% | 0.78% | 1.12% | 1.18% | 1.82% | 1.84% | 3.01% | 2.74% | 1.56% | 0.00% | 0.00% | 0.00% |
Financials
HL vs. NVT - Financials Comparison
This section allows you to compare key financial metrics between Hecla Mining Company and nVent Electric plc. 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
HL vs. NVT - Profitability Comparison
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Hecla Mining Company reported a gross profit of 253.26M and revenue of 411.43M. Therefore, the gross margin over that period was 61.6%.
NVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, nVent Electric plc reported a gross profit of 558.00M and revenue of 1.47B. Therefore, the gross margin over that period was 37.9%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Hecla Mining Company reported an operating income of 223.11M and revenue of 411.43M, resulting in an operating margin of 54.2%.
NVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, nVent Electric plc reported an operating income of 300.70M and revenue of 1.47B, resulting in an operating margin of 20.4%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Hecla Mining Company reported a net income of 266.45M and revenue of 411.43M, resulting in a net margin of 64.8%.
NVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, nVent Electric plc reported a net income of 215.90M and revenue of 1.47B, resulting in a net margin of 14.7%.
Frequently Asked Questions
HL and NVT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HL has higher volatility (17.22%) compared to NVT (16.96%). In terms of maximum drawdown, HL dropped -97.92% vs NVT's -56.18%.
NVT currently has the higher Sharpe Ratio (2.13 vs 1.99), 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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