HUT vs. HIVE
HUT (Hut 8 Corp.) and HIVE (HIVE Digital Technologies Ltd.) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past 5 years, HUT returned 35.56%/yr vs -25.24%/yr for HIVE. Their 0.66 correlation means they have sometimes moved together and sometimes differently.
Performance
HUT vs. HIVE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HUT achieves a 135.68% return, which is significantly higher than HIVE's 16.28% return.
HUT
- 1D
- 22.78%
- 1M
- -6.22%
- 6M
- 75.96%
- YTD
- 135.68%
- 1Y
- 446.27%
- 3Y*
- 82.54%
- 5Y*
- 35.56%
- 10Y*
- —
- ALL TIME*
- 23.91%
HIVE
- 1D
- 18.34%
- 1M
- -17.58%
- 6M
- 9.09%
- YTD
- 16.28%
- 1Y
- 36.99%
- 3Y*
- -17.89%
- 5Y*
- -25.24%
- 10Y*
- —
- ALL TIME*
- -15.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $46.34M | $51.31M | $103.81M | |
HUT Hut 8 Corp. | $518.07M | $453.86M | $513.78M |
HUT vs. HIVE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HUT Hut 8 Corp. | 135.68% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.80% |
HIVE HIVE Digital Technologies Ltd. | 16.28% | -9.47% | -37.09% | 214.58% | -89.09% | 39.68% | 2,600.00% | -64.10% | -83.47% |
Correlation
The correlation between HUT and HIVE is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.66 |
The correlation between HUT and HIVE shifts across timeframes, from 0.66 (all time) to 0.80 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HUT:
$12.19B
HIVE:
$802.29M
HUT:
-$2.77
HIVE:
-$0.31
HUT:
-$40.96M
HIVE:
$257.14M
HUT:
-$132.19M
HIVE:
$58.57M
HUT:
-$306.16M
HIVE:
$87.81M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HUT vs. HIVE — Risk / Return Rank
HUT
HIVE
HUT vs. HIVE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. (HUT) and HIVE Digital Technologies Ltd. (HIVE). 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 | HIVE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.80 | ||
| Sortino ratioReturn per unit of downside risk | +2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.15 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 11.65 | 0.50 | +11.16 |
| Martin ratioReturn relative to average drawdown | 28.67 | 0.74 | +27.93 |
Loading charts...
Drawdowns
HUT vs. HIVE - Drawdown Comparison
The maximum HUT drawdown since its inception was -95.04%, roughly equal to the maximum HIVE drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for HUT and HIVE.
Loading charts...
Drawdown Indicators
| HUT | HIVE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.04% | -97.73% | +2.69% |
Max Drawdown (1Y)Largest decline over 1 year | -38.62% | -74.86% | +36.24% |
Max Drawdown (3Y)Largest decline over 3 years | -65.08% | -77.10% | +12.02% |
Max Drawdown (5Y)Largest decline over 5 years | -95.04% | -94.61% | -0.43% |
Current DrawdownCurrent decline from peak | -18.61% | -88.82% | +70.21% |
Average DrawdownAverage peak-to-trough decline | -62.85% | -78.69% | +15.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.67% | 49.94% | -34.27% |
Volatility
HUT vs. HIVE - Volatility Comparison
Hut 8 Corp. (HUT) has a higher volatility of 38.32% compared to HIVE Digital Technologies Ltd. (HIVE) at 29.41%. This indicates that HUT's price experiences larger fluctuations and is considered to be riskier than HIVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HUT | HIVE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 38.32% | 29.41% | +8.91% |
Volatility (6M)Calculated over the trailing 6-month period | 77.13% | 72.93% | +4.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.83% | 99.70% | +8.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 105.85% | 93.31% | +12.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.69% | 109.17% | +5.52% |
Dividends
HUT vs. HIVE - Dividend Comparison
Neither HUT nor HIVE has paid dividends to shareholders.
Financials
HUT vs. HIVE - Financials Comparison
This section allows you to compare key financial metrics between Hut 8 Corp. and HIVE Digital Technologies Ltd.. 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 HIVE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (38.32%) compared to HIVE (29.41%). In terms of maximum drawdown, HUT dropped -95.04% vs HIVE's -97.73%.
HUT currently has the higher Sharpe Ratio (4.17 vs 0.37), 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.
Find the right allocation for HUT and HIVE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer