HLIO vs. HWM
HLIO (Helios Technologies, Inc.) and HWM (Howmet Aerospace Inc.) are both stocks. Both are in the Industrials sector — HLIO in Specialty Industrial Machinery, HWM in Aerospace & Defense. Over the past 10 years, HLIO returned 12.89%/yr vs 33.44%/yr for HWM. At a 0.33 correlation, their price movements are largely independent.
Performance
HLIO vs. HWM - Performance Comparison
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Returns By Period
In the year-to-date period, HLIO achieves a 67.99% return, which is significantly higher than HWM's 34.79% return. Over the past 10 years, HLIO has underperformed HWM with an annualized return of 12.89%, while HWM has yielded a comparatively higher 33.44% annualized return.
HLIO
- 1D
- 0.12%
- 1M
- 13.21%
- YTD
- 67.99%
- 6M
- 62.14%
- 1Y
- 182.70%
- 3Y*
- 13.54%
- 5Y*
- 4.09%
- 10Y*
- 12.89%
HWM
- 1D
- 0.34%
- 1M
- 7.60%
- YTD
- 34.79%
- 6M
- 30.24%
- 1Y
- 56.70%
- 3Y*
- 81.79%
- 5Y*
- 51.72%
- 10Y*
- 33.44%
HLIO vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLIO Helios Technologies, Inc. | 67.99% | 20.97% | -0.78% | -16.19% | -47.97% | 98.38% | 16.36% | 40.53% | -48.35% | 62.95% |
HWM Howmet Aerospace Inc. | 34.79% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
Correlation
The correlation between HLIO and HWM is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 9, 1997 | 0.33 |
Fundamentals
HLIO:
$2.98B
HWM:
$111.25B
HLIO:
$1.83
HWM:
$4.31
HLIO:
48.94
HWM:
64.07
HLIO:
3.42
HWM:
12.96
HLIO:
3.19
HWM:
20.15
HLIO:
$871.90M
HWM:
$8.62B
HLIO:
$286.20M
HWM:
$2.81B
HLIO:
$143.90M
HWM:
$2.66B
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Return for Risk
HLIO vs. HWM — Risk / Return Rank
HLIO
HWM
HLIO vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Helios Technologies, Inc. (HLIO) and Howmet Aerospace Inc. (HWM). 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.
| HLIO | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.30 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 10.77 | 3.59 | +7.19 |
| Martin ratioReturn relative to average drawdown | 28.98 | 10.12 | +18.86 |
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Drawdowns
HLIO vs. HWM - Drawdown Comparison
The maximum HLIO drawdown since its inception was -76.93%, smaller than the maximum HWM drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for HLIO and HWM.
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Drawdown Indicators
| HLIO | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.93% | -88.30% | +11.37% |
Max Drawdown (1Y)Largest decline over 1 year | -17.07% | -15.89% | -1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -61.12% | -19.41% | -41.71% |
Max Drawdown (5Y)Largest decline over 5 years | -76.93% | -21.22% | -55.71% |
Max Drawdown (10Y)Largest decline over 10 years | -76.93% | -64.81% | -12.12% |
Current DrawdownCurrent decline from peak | -19.02% | -2.53% | -16.49% |
Average DrawdownAverage peak-to-trough decline | -32.22% | -30.99% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.33% | 5.62% | +0.71% |
Volatility
HLIO vs. HWM - Volatility Comparison
Helios Technologies, Inc. (HLIO) has a higher volatility of 12.90% compared to Howmet Aerospace Inc. (HWM) at 10.32%. This indicates that HLIO's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLIO | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.90% | 10.32% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 30.00% | 24.92% | +5.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.46% | 31.73% | +18.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.88% | 32.21% | +10.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.44% | 39.75% | +3.69% |
Dividends
HLIO vs. HWM - Dividend Comparison
HLIO's dividend yield for the trailing twelve months is around 0.44%, more than HWM's 0.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIO Helios Technologies, Inc. | 0.44% | 0.67% | 0.81% | 0.79% | 0.66% | 0.34% | 0.68% | 0.78% | 1.08% | 0.45% | 1.00% | 1.42% |
HWM Howmet Aerospace Inc. | 0.17% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
Financials
HLIO vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Helios Technologies, Inc. and Howmet Aerospace 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
HLIO vs. HWM - Profitability Comparison
HLIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Helios Technologies, Inc. reported a gross profit of 74.90M and revenue of 228.40M. Therefore, the gross margin over that period was 32.8%.
HWM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a gross profit of 854.00M and revenue of 2.31B. Therefore, the gross margin over that period was 36.9%.
HLIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Helios Technologies, Inc. reported an operating income of 29.90M and revenue of 228.40M, resulting in an operating margin of 13.1%.
HWM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported an operating income of 734.00M and revenue of 2.31B, resulting in an operating margin of 31.7%.
HLIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Helios Technologies, Inc. reported a net income of 19.70M and revenue of 228.40M, resulting in a net margin of 8.6%.
HWM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a net income of 580.00M and revenue of 2.31B, resulting in a net margin of 25.1%.
Frequently Asked Questions
HLIO and HWM have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HLIO has higher volatility (12.90%) compared to HWM (10.32%). In terms of maximum drawdown, HLIO dropped -76.93% vs HWM's -88.30%.
HLIO currently has the higher Sharpe Ratio (3.65 vs 1.80), 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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