HL vs. TTI
HL (Hecla Mining Company) and TTI (TETRA Technologies, Inc.) are both stocks. HL operates in Other Precious Metals & Mining (Basic Materials), while TTI operates in Oil & Gas Equipment & Services (Energy). Over the past 10 years, HL returned 10.98%/yr vs 4.29%/yr for TTI. At a 0.20 correlation, their price movements are largely independent.
Performance
HL vs. TTI - Performance Comparison
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Returns By Period
In the year-to-date period, HL achieves a -17.53% return, which is significantly lower than TTI's 0.85% return. Over the past 10 years, HL has outperformed TTI with an annualized return of 10.98%, while TTI has yielded a comparatively lower 4.29% annualized return.
HL
- 1D
- 0.19%
- 1M
- 5.54%
- 6M
- -29.50%
- YTD
- -17.53%
- 1Y
- 150.61%
- 3Y*
- 44.14%
- 5Y*
- 17.81%
- 10Y*
- 10.98%
TTI
- 1D
- 0.32%
- 1M
- -9.57%
- 6M
- -4.26%
- YTD
- 0.85%
- 1Y
- 163.97%
- 3Y*
- 35.25%
- 5Y*
- 18.76%
- 10Y*
- 4.29%
HL vs. TTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -17.53% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
TTI TETRA Technologies, Inc. | 0.85% | 161.73% | -20.80% | 30.64% | 21.83% | 229.66% | -56.05% | 16.67% | -60.66% | -12.29% |
Correlation
The correlation between HL and TTI is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 1990 | 0.20 |
The correlation between HL and TTI shifts across timeframes, from 0.20 (all time) to 0.31 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HL:
$10.61B
TTI:
$1.38B
HL:
$0.83
TTI:
$0.05
HL:
19.05
TTI:
175.80
HL:
0.08
TTI:
0.21
HL:
6.77
TTI:
2.03
HL:
4.15
TTI:
4.52
HL:
$1.57B
TTI:
$630.05M
HL:
$788.95M
TTI:
$154.82M
HL:
$864.40M
TTI:
$85.97M
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Return for Risk
HL vs. TTI — Risk / Return Rank
HL
TTI
HL vs. TTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and TETRA Technologies, Inc. (TTI). 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 | TTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.40 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 4.30 | -1.26 |
| Martin ratioReturn relative to average drawdown | 6.03 | 10.39 | -4.35 |
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Drawdowns
HL vs. TTI - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, roughly equal to the maximum TTI drawdown of -99.27%. Use the drawdown chart below to compare losses from any high point for HL and TTI.
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Drawdown Indicators
| HL | TTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -99.27% | +1.35% |
Max Drawdown (1Y)Largest decline over 1 year | -55.81% | -37.66% | -18.15% |
Max Drawdown (3Y)Largest decline over 3 years | -55.81% | -67.43% | +11.62% |
Max Drawdown (5Y)Largest decline over 5 years | -55.81% | -67.43% | +11.62% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -96.60% | +14.15% |
Current DrawdownCurrent decline from peak | -50.25% | -68.79% | +18.54% |
Average DrawdownAverage peak-to-trough decline | -69.90% | -55.76% | -14.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.11% | 15.58% | +12.53% |
Volatility
HL vs. TTI - Volatility Comparison
Hecla Mining Company (HL) and TETRA Technologies, Inc. (TTI) have volatilities of 17.79% and 18.20%, 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 | TTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.79% | 18.20% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 53.33% | 43.30% | +10.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.28% | 57.32% | +15.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.43% | 61.35% | -1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.82% | 75.37% | -12.55% |
Dividends
HL vs. TTI - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.09%, while TTI has not paid dividends to shareholders.
| 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% |
TTI TETRA Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.34% | 0.00% | 0.00% |
Financials
HL vs. TTI - Financials Comparison
This section allows you to compare key financial metrics between Hecla Mining Company and TETRA Technologies, Inc.. 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. TTI - Profitability Comparison
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
TTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TETRA Technologies, Inc. reported a gross profit of 38.23M and revenue of 156.25M. Therefore, the gross margin over that period was 24.5%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Hecla Mining Company reported an operating income of 223.11M and revenue of 411.43M, resulting in an operating margin of 54.2%.
TTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TETRA Technologies, Inc. reported an operating income of 12.82M and revenue of 156.25M, resulting in an operating margin of 8.2%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Hecla Mining Company reported a net income of 266.45M and revenue of 411.43M, resulting in a net margin of 64.8%.
TTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TETRA Technologies, Inc. reported a net income of 8.32M and revenue of 156.25M, resulting in a net margin of 5.3%.
Frequently Asked Questions
HL and TTI have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TTI has higher volatility (18.20%) compared to HL (17.79%). In terms of maximum drawdown, HL dropped -97.92% vs TTI's -99.27%.
TTI currently has the higher Sharpe Ratio (2.83 vs 2.32), 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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