HOEGF vs. MT
HOEGF (Höegh Autoliners ASA) and MT (ArcelorMittal) are both stocks. HOEGF operates in Marine Shipping (Industrials), while MT operates in Steel (Basic Materials). Over the past 3 years, HOEGF returned 76.69%/yr vs 35.50%/yr for MT. At a 0.07 correlation, their price movements are largely independent.
Performance
HOEGF vs. MT - Performance Comparison
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Returns By Period
In the year-to-date period, HOEGF achieves a 60.90% return, which is significantly higher than MT's 39.57% return.
HOEGF
- 1D
- 0.00%
- 1M
- 1.68%
- YTD
- 60.90%
- 6M
- 61.92%
- 1Y
- 72.36%
- 3Y*
- 76.69%
- 5Y*
- —
- 10Y*
- —
MT
- 1D
- -0.71%
- 1M
- -4.21%
- YTD
- 39.57%
- 6M
- 40.59%
- 1Y
- 109.60%
- 3Y*
- 35.50%
- 5Y*
- 17.19%
- 10Y*
- 17.76%
HOEGF vs. MT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HOEGF Höegh Autoliners ASA | 60.90% | 21.46% | 63.48% | 152.27% | 99.45% | -3.23% |
MT ArcelorMittal | 39.57% | 100.13% | -16.92% | 10.28% | -16.44% | 18.86% |
Correlation
The correlation between HOEGF and MT is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2021 | 0.07 |
Fundamentals
HOEGF:
$2.97B
MT:
$48.36B
HOEGF:
$2.43
MT:
$3.82
HOEGF:
6.39
MT:
16.59
HOEGF:
0.16
MT:
1.03
HOEGF:
2.03
MT:
0.78
HOEGF:
2.31
MT:
0.88
HOEGF:
$1.46B
MT:
$62.01B
HOEGF:
$510.98M
MT:
$34.15B
HOEGF:
$637.13M
MT:
$5.81B
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Return for Risk
HOEGF vs. MT — Risk / Return Rank
HOEGF
MT
HOEGF vs. MT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Höegh Autoliners ASA (HOEGF) and ArcelorMittal (MT). 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.
| HOEGF | MT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.40 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | 3.82 | -1.45 |
| Martin ratioReturn relative to average drawdown | 5.50 | 13.13 | -7.63 |
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Drawdowns
HOEGF vs. MT - Drawdown Comparison
The maximum HOEGF drawdown since its inception was -41.98%, smaller than the maximum MT drawdown of -97.34%. Use the drawdown chart below to compare losses from any high point for HOEGF and MT.
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Drawdown Indicators
| HOEGF | MT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.98% | -97.34% | +55.36% |
Max Drawdown (1Y)Largest decline over 1 year | -30.62% | -28.84% | -1.78% |
Max Drawdown (3Y)Largest decline over 3 years | -41.98% | -30.83% | -11.15% |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.10% | — |
Current DrawdownCurrent decline from peak | -8.34% | -63.09% | +54.75% |
Average DrawdownAverage peak-to-trough decline | -8.11% | -69.39% | +61.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.20% | 8.38% | +4.82% |
Volatility
HOEGF vs. MT - Volatility Comparison
Höegh Autoliners ASA (HOEGF) has a higher volatility of 15.46% compared to ArcelorMittal (MT) at 14.34%. This indicates that HOEGF's price experiences larger fluctuations and is considered to be riskier than MT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HOEGF | MT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.46% | 14.34% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 31.46% | 36.14% | -4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.79% | 42.42% | +0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.14% | 39.90% | +10.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.14% | 44.62% | +5.52% |
Dividends
HOEGF vs. MT - Dividend Comparison
HOEGF has not paid dividends to shareholders, while MT's dividend yield for the trailing twelve months is around 0.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOEGF Höegh Autoliners ASA | 0.00% | 18.43% | 44.08% | 13.80% | 2.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MT ArcelorMittal | 0.91% | 1.21% | 2.16% | 1.55% | 1.45% | 0.94% | 0.00% | 1.14% | 0.48% | 0.00% | 0.00% | 4.03% |
Financials
HOEGF vs. MT - Financials Comparison
This section allows you to compare key financial metrics between Höegh Autoliners ASA and ArcelorMittal. 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
HOEGF vs. MT - Profitability Comparison
HOEGF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Höegh Autoliners ASA reported a gross profit of 121.06M and revenue of 361.29M. Therefore, the gross margin over that period was 33.5%.
MT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ArcelorMittal reported a gross profit of 15.46B and revenue of 15.46B. Therefore, the gross margin over that period was 100.0%.
HOEGF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Höegh Autoliners ASA reported an operating income of 113.92M and revenue of 361.29M, resulting in an operating margin of 31.5%.
MT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ArcelorMittal reported an operating income of 753.00M and revenue of 15.46B, resulting in an operating margin of 4.9%.
HOEGF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Höegh Autoliners ASA reported a net income of 103.02M and revenue of 361.29M, resulting in a net margin of 28.5%.
MT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ArcelorMittal reported a net income of 575.00M and revenue of 15.46B, resulting in a net margin of 3.7%.
Frequently Asked Questions
HOEGF and MT have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOEGF has higher volatility (15.46%) compared to MT (14.34%). In terms of maximum drawdown, HOEGF dropped -41.98% vs MT's -97.34%.
MT currently has the higher Sharpe Ratio (2.60 vs 1.72), 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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