HL vs. WPM
Compare and contrast key facts about Hecla Mining Company (HL) and Wheaton Precious Metals Corp. (WPM).
Performance
HL vs. WPM - Performance Comparison
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HL vs. WPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -0.03% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
WPM Wheaton Precious Metals Corp. | 16.59% | 110.52% | 15.24% | 27.91% | -7.53% | 4.22% | 41.82% | 54.62% | -10.04% | 16.41% |
Fundamentals
HL:
$12.92B
WPM:
$62.22B
HL:
$0.65
WPM:
$3.26
HL:
29.42
WPM:
42.03
HL:
0.12
WPM:
1.12
HL:
8.92
WPM:
26.72
HL:
4.99
WPM:
7.17
HL:
$1.42B
WPM:
$2.33B
HL:
$622.20M
WPM:
$1.75B
HL:
$563.50M
WPM:
$2.02B
Returns By Period
In the year-to-date period, HL achieves a -0.03% return, which is significantly lower than WPM's 16.59% return. Over the past 10 years, HL has underperformed WPM with an annualized return of 21.56%, while WPM has yielded a comparatively higher 25.24% annualized return.
HL
- 1D
- 2.95%
- 1M
- -22.11%
- YTD
- -0.03%
- 6M
- 56.52%
- 1Y
- 250.60%
- 3Y*
- 45.42%
- 5Y*
- 27.09%
- 10Y*
- 21.56%
WPM
- 1D
- 4.42%
- 1M
- -17.32%
- YTD
- 16.59%
- 6M
- 23.11%
- 1Y
- 79.28%
- 3Y*
- 43.03%
- 5Y*
- 29.45%
- 10Y*
- 25.24%
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Return for Risk
HL vs. WPM — Risk / Return Rank
HL
WPM
HL vs. WPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and Wheaton Precious Metals Corp. (WPM). 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 | WPM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.43 | 1.79 | +1.64 |
Sortino ratioReturn per unit of downside risk | 3.28 | 2.07 | +1.22 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.30 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 5.34 | 2.52 | +2.82 |
Martin ratioReturn relative to average drawdown | 15.21 | 9.46 | +5.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HL | WPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.43 | 1.79 | +1.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.86 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.69 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.75 | -0.74 |
Correlation
The correlation between HL and WPM is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
HL vs. WPM - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.08%, less than WPM's 0.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | 0.08% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
WPM Wheaton Precious Metals Corp. | 0.50% | 0.56% | 1.10% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 0.00% |
Drawdowns
HL vs. WPM - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, which is greater than WPM's maximum drawdown of -48.64%. Use the drawdown chart below to compare losses from any high point for HL and WPM.
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Drawdown Indicators
| HL | WPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -48.64% | -49.28% |
Max Drawdown (1Y)Largest decline over 1 year | -45.95% | -30.84% | -15.11% |
Max Drawdown (5Y)Largest decline over 5 years | -63.30% | -43.29% | -20.01% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -48.64% | -33.81% |
Current DrawdownCurrent decline from peak | -39.69% | -17.32% | -22.37% |
Average DrawdownAverage peak-to-trough decline | -70.07% | -18.86% | -51.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.14% | 8.23% | +7.91% |
Volatility
HL vs. WPM - Volatility Comparison
Hecla Mining Company (HL) has a higher volatility of 18.45% compared to Wheaton Precious Metals Corp. (WPM) at 16.58%. This indicates that HL's price experiences larger fluctuations and is considered to be riskier than WPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HL | WPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.45% | 16.58% | +1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 58.18% | 37.24% | +20.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.62% | 44.61% | +29.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.67% | 34.45% | +25.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.96% | 36.83% | +26.13% |
Financials
HL vs. WPM - Financials Comparison
This section allows you to compare key financial metrics between Hecla Mining Company and Wheaton Precious Metals Corp.. 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. WPM - Profitability Comparison
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hecla Mining Company reported a gross profit of 248.21M and revenue of 448.11M. Therefore, the gross margin over that period was 55.4%.
WPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Wheaton Precious Metals Corp. reported a gross profit of 673.37M and revenue of 878.01M. Therefore, the gross margin over that period was 76.7%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hecla Mining Company reported an operating income of 220.04M and revenue of 448.11M, resulting in an operating margin of 49.1%.
WPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Wheaton Precious Metals Corp. reported an operating income of 660.02M and revenue of 878.01M, resulting in an operating margin of 75.2%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hecla Mining Company reported a net income of 134.41M and revenue of 448.11M, resulting in a net margin of 30.0%.
WPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Wheaton Precious Metals Corp. reported a net income of 566.83M and revenue of 878.01M, resulting in a net margin of 64.6%.