HNRG vs. EUAD
HNRG (Hallador Energy Company) is a stock, while EUAD (Select STOXX Europe Aerospace & Defense ETF) is Aerospace & Defense fund tracking the STOXX Europe Total Market Aerospace & Defense Index. Over the past year, HNRG returned 1.94% vs -1.18% for EUAD. At a 0.14 correlation, their price movements are largely independent.
Performance
HNRG vs. EUAD - Performance Comparison
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Returns By Period
In the year-to-date period, HNRG achieves a -14.23% return, which is significantly lower than EUAD's 0.81% return.
HNRG
- 1D
- -1.27%
- 1M
- -0.67%
- 6M
- -16.56%
- YTD
- -14.23%
- 1Y
- 1.94%
- 3Y*
- 20.90%
- 5Y*
- 41.44%
- 10Y*
- 14.79%
EUAD
- 1D
- -0.59%
- 1M
- 3.26%
- 6M
- -11.11%
- YTD
- 0.81%
- 1Y
- -1.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HNRG vs. EUAD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HNRG Hallador Energy Company | -14.23% | 66.29% | 15.31% |
EUAD Select STOXX Europe Aerospace & Defense ETF | 0.81% | 74.51% | -6.86% |
Correlation
The correlation between HNRG and EUAD is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024 | 0.14 |
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Return for Risk
HNRG vs. EUAD — Risk / Return Rank
HNRG
EUAD
HNRG vs. EUAD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hallador Energy Company (HNRG) and Select STOXX Europe Aerospace & Defense ETF (EUAD). 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.
| HNRG | EUAD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.02 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | -0.04 | +0.13 |
| Martin ratioReturn relative to average drawdown | 0.15 | -0.09 | +0.24 |
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Drawdowns
HNRG vs. EUAD - Drawdown Comparison
The maximum HNRG drawdown since its inception was -94.89%, which is greater than EUAD's maximum drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for HNRG and EUAD.
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Drawdown Indicators
| HNRG | EUAD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.89% | -22.04% | -72.85% |
Max Drawdown (1Y)Largest decline over 1 year | -36.62% | -22.04% | -14.58% |
Max Drawdown (3Y)Largest decline over 3 years | -71.13% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -71.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -93.19% | — | — |
Current DrawdownCurrent decline from peak | -31.42% | -12.03% | -19.39% |
Average DrawdownAverage peak-to-trough decline | -45.02% | -6.14% | -38.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.93% | 9.91% | +11.02% |
Volatility
HNRG vs. EUAD - Volatility Comparison
Hallador Energy Company (HNRG) has a higher volatility of 17.90% compared to Select STOXX Europe Aerospace & Defense ETF (EUAD) at 8.04%. This indicates that HNRG's price experiences larger fluctuations and is considered to be riskier than EUAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HNRG | EUAD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.90% | 8.04% | +9.86% |
Volatility (6M)Calculated over the trailing 6-month period | 44.24% | 24.37% | +19.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.26% | 29.26% | +33.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.68% | 29.73% | +41.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.81% | 29.73% | +40.08% |
Dividends
HNRG vs. EUAD - Dividend Comparison
HNRG has not paid dividends to shareholders, while EUAD's dividend yield for the trailing twelve months is around 0.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUAD Select STOXX Europe Aerospace & Defense ETF | 0.40% | 0.40% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HNRG Hallador Energy Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.72% | 5.39% | 3.16% | 2.63% | 1.76% | 3.51% |
Frequently Asked Questions
HNRG and EUAD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HNRG has higher volatility (17.90%) compared to EUAD (8.04%). In terms of maximum drawdown, HNRG dropped -94.89% vs EUAD's -22.04%.
HNRG currently has the higher Sharpe Ratio (0.05 vs -0.03), 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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