HNRG vs. IESC
HNRG (Hallador Energy Company) and IESC (IES Holdings, Inc.) are both stocks. HNRG operates in Thermal Coal (Energy), while IESC operates in Engineering & Construction (Industrials). Over the past 10 years, HNRG returned 12.23%/yr vs 48.90%/yr for IESC. Their 0.11 correlation means their historical movements had little consistent relationship.
Performance
HNRG vs. IESC - Performance Comparison
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Returns By Period
In the year-to-date period, HNRG achieves a -25.32% return, which is significantly lower than IESC's 91.39% return. Over the past 10 years, HNRG has underperformed IESC with an annualized return of 12.23%, while IESC has yielded a comparatively higher 48.90% annualized return.
HNRG
- 1D
- -2.67%
- 1M
- -12.49%
- 6M
- -23.09%
- YTD
- -25.32%
- 1Y
- -16.01%
- 3Y*
- 13.56%
- 5Y*
- 35.97%
- 10Y*
- 12.23%
- ALL TIME*
- 10.56%
IESC
- 1D
- 30.27%
- 1M
- 13.84%
- 6M
- 95.78%
- YTD
- 91.39%
- 1Y
- 112.48%
- 3Y*
- 134.42%
- 5Y*
- 68.75%
- 10Y*
- 48.90%
- ALL TIME*
- 14.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.20M | $11.16M | $15.32M | |
| $133.30M | $144.24M | $175.40M |
HNRG vs. IESC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HNRG Hallador Energy Company | -25.32% | 66.29% | 29.52% | -11.51% | 306.10% | 67.35% | -49.34% | -39.39% | -14.71% | -31.48% |
IESC IES Holdings, Inc. | 91.39% | 93.58% | 153.67% | 122.72% | -29.76% | 9.99% | 79.42% | 65.02% | -9.86% | -9.92% |
Correlation
The correlation between HNRG and IESC is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 1998 | 0.11 |
Over the past year, HNRG and IESC have become more correlated (0.34) than their long-term average of 0.11, meaning their price movements have been converging.
Fundamentals
HNRG:
$670.19M
IESC:
$14.83B
HNRG:
$0.51
IESC:
$27.72
HNRG:
28.01
IESC:
26.86
HNRG:
0.70
IESC:
0.32
HNRG:
1.39
IESC:
3.77
HNRG:
3.22
IESC:
12.23
HNRG:
$453.49M
IESC:
$3.99B
HNRG:
$79.39M
IESC:
$1.03B
HNRG:
$71.97M
IESC:
$582.79M
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Return for Risk
HNRG vs. IESC — Risk / Return Rank
HNRG
IESC
HNRG vs. IESC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hallador Energy Company (HNRG) and IES Holdings, Inc. (IESC). 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 | IESC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.28 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 3.16 | -3.62 |
| Martin ratioReturn relative to average drawdown | -0.86 | 11.65 | -12.51 |
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Drawdowns
HNRG vs. IESC - Drawdown Comparison
The maximum HNRG drawdown since its inception was -94.89%, roughly equal to the maximum IESC drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for HNRG and IESC.
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Drawdown Indicators
| HNRG | IESC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.89% | -98.78% | +3.89% |
Max Drawdown (1Y)Largest decline over 1 year | -42.46% | -35.26% | -7.20% |
Max Drawdown (3Y)Largest decline over 3 years | -71.13% | -49.23% | -21.90% |
Max Drawdown (5Y)Largest decline over 5 years | -71.13% | -54.22% | -16.91% |
Max Drawdown (10Y)Largest decline over 10 years | -93.19% | -54.28% | -38.91% |
Current DrawdownCurrent decline from peak | -40.28% | -2.87% | -37.41% |
Average DrawdownAverage peak-to-trough decline | -45.00% | -54.78% | +9.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.55% | 9.56% | +12.99% |
Volatility
HNRG vs. IESC - Volatility Comparison
The current volatility for Hallador Energy Company (HNRG) is 16.81%, while IES Holdings, Inc. (IESC) has a volatility of 37.94%. This indicates that HNRG experiences smaller price fluctuations and is considered to be less risky than IESC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HNRG | IESC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.81% | 37.94% | -21.13% |
Volatility (6M)Calculated over the trailing 6-month period | 44.06% | 61.10% | -17.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.15% | 73.89% | -10.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.66% | 57.05% | +14.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.87% | 49.51% | +20.36% |
Dividends
HNRG vs. IESC - Dividend Comparison
Neither HNRG nor IESC has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IESC IES Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HNRG vs. IESC - Financials Comparison
This section allows you to compare key financial metrics between Hallador Energy Company and IES Holdings, 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
HNRG vs. IESC - Profitability Comparison
HNRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Hallador Energy Company reported a gross profit of 59.46M and revenue of 101.81M. Therefore, the gross margin over that period was 58.4%.
IESC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, IES Holdings, Inc. reported a gross profit of 340.66M and revenue of 1.24B. Therefore, the gross margin over that period was 27.4%.
HNRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Hallador Energy Company reported an operating income of -5.65M and revenue of 101.81M, resulting in an operating margin of -5.6%.
IESC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, IES Holdings, Inc. reported an operating income of 178.55M and revenue of 1.24B, resulting in an operating margin of 14.4%.
HNRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Hallador Energy Company reported a net income of -9.32M and revenue of 101.81M, resulting in a net margin of -9.2%.
IESC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, IES Holdings, Inc. reported a net income of 256.13M and revenue of 1.24B, resulting in a net margin of 20.6%.
Frequently Asked Questions
HNRG and IESC have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IESC has higher volatility (37.94%) compared to HNRG (16.81%). In terms of maximum drawdown, HNRG dropped -94.89% vs IESC's -98.78%.
IESC currently has the higher Sharpe Ratio (1.51 vs -0.31), 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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