HUT vs. BW
HUT (Hut 8 Corp.) and BW (Babcock & Wilcox Enterprises, Inc.) are both stocks. HUT operates in Capital Markets (Financial Services), while BW operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, HUT returned 35.80%/yr vs 6.11%/yr for BW. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
HUT vs. BW - Performance Comparison
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Returns By Period
In the year-to-date period, HUT achieves a 127.67% return, which is significantly higher than BW's 52.11% return.
HUT
- 1D
- -4.91%
- 1M
- -14.98%
- 6M
- 85.48%
- YTD
- 127.67%
- 1Y
- 413.20%
- 3Y*
- 81.82%
- 5Y*
- 35.80%
- 10Y*
- —
- ALL TIME*
- 23.42%
BW
- 1D
- -2.29%
- 1M
- -34.95%
- 6M
- -4.23%
- YTD
- 52.11%
- 1Y
- 827.27%
- 3Y*
- 21.78%
- 5Y*
- 6.11%
- 10Y*
- -24.18%
- ALL TIME*
- -23.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.42M | $38.78M | $59.56M | |
HUT Hut 8 Corp. | $458.22M | $436.25M | $497.55M |
HUT vs. BW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HUT Hut 8 Corp. | 127.67% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.80% |
BW Babcock & Wilcox Enterprises, Inc. | 52.11% | 286.59% | 12.33% | -74.70% | -36.03% | 156.98% | -3.57% | -6.76% | -93.44% |
Correlation
The correlation between HUT and BW is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.26 |
The correlation between HUT and BW shifts across timeframes, from 0.26 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
HUT:
$11.78B
BW:
$1.08B
HUT:
-$2.77
BW:
-$0.79
HUT:
-$40.96M
BW:
$668.48M
HUT:
-$132.19M
BW:
$121.68M
HUT:
-$306.16M
BW:
-$41.40M
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Return for Risk
HUT vs. BW — Risk / Return Rank
HUT
BW
HUT vs. BW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. (HUT) and Babcock & Wilcox Enterprises, Inc. (BW). 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.
| HUT | BW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.51 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.52 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 10.79 | 14.96 | -4.17 |
| Martin ratioReturn relative to average drawdown | 26.99 | 44.27 | -17.28 |
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Drawdowns
HUT vs. BW - Drawdown Comparison
The maximum HUT drawdown since its inception was -95.04%, roughly equal to the maximum BW drawdown of -99.89%. Use the drawdown chart below to compare losses from any high point for HUT and BW.
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Drawdown Indicators
| HUT | BW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.04% | -99.89% | +4.85% |
Max Drawdown (1Y)Largest decline over 1 year | -38.62% | -55.86% | +17.24% |
Max Drawdown (3Y)Largest decline over 3 years | -65.08% | -95.33% | +30.25% |
Max Drawdown (5Y)Largest decline over 5 years | -95.04% | -97.39% | +2.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.85% | — |
Current DrawdownCurrent decline from peak | -21.37% | -95.92% | +74.55% |
Average DrawdownAverage peak-to-trough decline | -62.91% | -82.92% | +20.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.40% | 18.84% | -3.44% |
Volatility
HUT vs. BW - Volatility Comparison
Hut 8 Corp. (HUT) has a higher volatility of 29.24% compared to Babcock & Wilcox Enterprises, Inc. (BW) at 23.67%. This indicates that HUT's price experiences larger fluctuations and is considered to be riskier than BW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HUT | BW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.24% | 23.67% | +5.57% |
Volatility (6M)Calculated over the trailing 6-month period | 73.71% | 86.65% | -12.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.89% | 129.02% | -24.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 105.21% | 110.72% | -5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.41% | 108.43% | +5.98% |
Dividends
HUT vs. BW - Dividend Comparison
HUT has not paid dividends to shareholders, while BW's dividend yield for the trailing twelve months is around 4.32%.
| Position | TTM |
|---|---|
BW Babcock & Wilcox Enterprises, Inc. | 4.32% |
HUT Hut 8 Corp. | 0.00% |
Financials
HUT vs. BW - Financials Comparison
This section allows you to compare key financial metrics between Hut 8 Corp. and Babcock & Wilcox Enterprises, 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
Frequently Asked Questions
HUT and BW have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (29.24%) compared to BW (23.67%). In terms of maximum drawdown, HUT dropped -95.04% vs BW's -99.89%.
BW currently has the higher Sharpe Ratio (6.49 vs 3.98), 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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