HL vs. XRH0.L

Last updated Jul 1, 2026

HL (Hecla Mining Company) is a stock, while XRH0.L (Xtrackers Physical Rhodium ETC) is Metals fund tracking the Rhodium. Over the past 10 years, HL returned 11.45%/yr vs 27.32%/yr for XRH0.L. At a 0.07 correlation, their price movements are largely independent.

Performance

HL vs. XRH0.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hecla Mining Company (HL) and Xtrackers Physical Rhodium ETC (XRH0.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HL achieves a -19.56% return, which is significantly higher than XRH0.L's -28.17% return. Over the past 10 years, HL has underperformed XRH0.L with an annualized return of 11.45%, while XRH0.L has yielded a comparatively higher 27.32% annualized return.

HL

• 1D: 0.19%
• 1M: -13.17%
• YTD: -19.56%
• 6M: -20.80%
• 1Y: 157.90%
• 3Y*: 44.78%
• 5Y*: 16.35%
• 10Y*: 11.45%

XRH0.L

• 1D: 1.54%
• 1M: -10.60%
• YTD: -28.17%
• 6M: -23.84%
• 1Y: 40.60%
• 3Y*: 18.05%
• 5Y*: -15.19%
• 10Y*: 27.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HL vs. XRH0.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HL Hecla Mining Company	-19.56%	291.70%	2.82%	-12.93%	6.99%	-18.97%	91.83%	44.43%	-40.37%	-24.08%
XRH0.L Xtrackers Physical Rhodium ETC	-28.17%	205.23%	-14.69%	-60.81%	-4.46%	-15.51%	183.21%	132.83%	46.39%	100.00%

Correlation

The correlation between HL and XRH0.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since May 19, 2011	0.07

The correlation between HL and XRH0.L shifts across timeframes, from 0.06 (10 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

HL vs. XRH0.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HL

HL Risk / Return Rank: 85
HL Sharpe Ratio Rank: 91
HL Sortino Ratio Rank: 87
HL Omega Ratio Rank: 84
HL Calmar Ratio Rank: 84
HL Martin Ratio Rank: 80

XRH0.L

XRH0.L Risk / Return Rank: 22
XRH0.L Sharpe Ratio Rank: 16
XRH0.L Sortino Ratio Rank: 26
XRH0.L Omega Ratio Rank: 27
XRH0.L Calmar Ratio Rank: 23
XRH0.L Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HL vs. XRH0.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and Xtrackers Physical Rhodium ETC (XRH0.L). 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	XRH0.L	Difference
Sharpe ratio: Return per unit of total volatility	2.16	0.45	+1.71
Sortino ratio: Return per unit of downside risk	2.62	1.33	+1.29
Omega ratio: Gain probability vs. loss probability	1.32	1.17	+0.15
Calmar ratio: Return relative to maximum drawdown	2.85	1.00	+1.84
Martin ratio: Return relative to average drawdown	5.91	1.91	+4.00

HL vs. XRH0.L - Sharpe Ratio Comparison

The current HL Sharpe Ratio is 2.16, which is higher than the XRH0.L Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of HL and XRH0.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HL vs. XRH0.L - Drawdown Comparison

The maximum HL drawdown since its inception was -97.92%, which is greater than XRH0.L's maximum drawdown of -85.90%. Use the drawdown chart below to compare losses from any high point for HL and XRH0.L.

Drawdown Indicators

	HL	XRH0.L	Difference
Max Drawdown Largest peak-to-trough decline	-97.92%	-85.90%	-12.02%
Max Drawdown (1Y) Largest decline over 1 year	-55.81%	-40.30%	-15.51%
Max Drawdown (3Y) Largest decline over 3 years	-55.81%	-46.87%	-8.94%
Max Drawdown (5Y) Largest decline over 5 years	-55.81%	-81.27%	+25.46%
Max Drawdown (10Y) Largest decline over 10 years	-82.45%	-85.90%	+3.45%
Current Drawdown Current decline from peak	-51.47%	-67.56%	+16.09%
Average Drawdown Average peak-to-trough decline	-69.91%	-50.59%	-19.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.84%	21.21%	+5.63%

Volatility

HL vs. XRH0.L - Volatility Comparison

The current volatility for Hecla Mining Company (HL) is 21.36%, while Xtrackers Physical Rhodium ETC (XRH0.L) has a volatility of 28.09%. This indicates that HL experiences smaller price fluctuations and is considered to be less risky than XRH0.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HL	XRH0.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.36%	28.09%	-6.73%
Volatility (6M) Calculated over the trailing 6-month period	54.58%	70.45%	-15.87%
Volatility (1Y) Calculated over the trailing 1-year period	73.45%	89.78%	-16.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.39%	69.02%	-9.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.83%	66.84%	-4.01%

Dividends

HL vs. XRH0.L - Dividend Comparison

HL's dividend yield for the trailing twelve months is around 0.10%, while XRH0.L has not paid dividends to shareholders.

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%
XRH0.L Xtrackers Physical Rhodium ETC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HL and XRH0.L in my portfolio?

HL and XRH0.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.