HUT vs. RIOT
HUT (Hut 8 Corp.) and RIOT (Riot Platforms, Inc.) are both stocks. HUT operates in Capital Markets (Financial Services), while RIOT operates in Software - Application (Technology). Over the past 5 years, HUT returned 46.32%/yr vs -2.49%/yr for RIOT. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
HUT vs. RIOT - Performance Comparison
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Returns By Period
In the year-to-date period, HUT achieves a 163.47% return, which is significantly higher than RIOT's 125.97% return.
HUT
- 1D
- -2.73%
- 1M
- 14.30%
- YTD
- 163.47%
- 6M
- 140.21%
- 1Y
- 624.79%
- 3Y*
- 102.16%
- 5Y*
- 46.32%
- 10Y*
- —
RIOT
- 1D
- 1.89%
- 1M
- 16.90%
- YTD
- 125.97%
- 6M
- 98.82%
- 1Y
- 199.48%
- 3Y*
- 35.14%
- 5Y*
- -2.49%
- 10Y*
- 24.88%
HUT vs. RIOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HUT Hut 8 Corp. | 163.47% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.80% |
RIOT Riot Platforms, Inc. | 125.97% | 24.09% | -34.00% | 356.34% | -84.82% | 31.43% | 1,416.96% | -25.83% | -85.02% |
Correlation
The correlation between HUT and RIOT is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.63 |
The correlation between HUT and RIOT shifts across timeframes, from 0.63 (all time) to 0.78 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HUT:
$13.44B
RIOT:
$9.95B
HUT:
-$2.73
RIOT:
-$2.35
HUT:
9.74
RIOT:
4.16
HUT:
-$40.96M
RIOT:
$653.27M
HUT:
-$132.19M
RIOT:
$179.76M
HUT:
-$306.16M
RIOT:
-$482.33M
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Return for Risk
HUT vs. RIOT — Risk / Return Rank
HUT
RIOT
HUT vs. RIOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. (HUT) and Riot Platforms, Inc. (RIOT). 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 | RIOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.34 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 16.33 | 4.13 | +12.19 |
| Martin ratioReturn relative to average drawdown | 44.49 | 8.18 | +36.31 |
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Drawdowns
HUT vs. RIOT - Drawdown Comparison
The maximum HUT drawdown since its inception was -95.04%, roughly equal to the maximum RIOT drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for HUT and RIOT.
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Drawdown Indicators
| HUT | RIOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.04% | -99.98% | +4.94% |
Max Drawdown (1Y)Largest decline over 1 year | -38.62% | -48.57% | +9.95% |
Max Drawdown (3Y)Largest decline over 3 years | -71.68% | -69.00% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -95.04% | -92.55% | -2.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.32% | — |
Current DrawdownCurrent decline from peak | -9.01% | -99.10% | +90.09% |
Average DrawdownAverage peak-to-trough decline | -63.41% | -87.84% | +24.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.15% | 24.49% | -10.34% |
Volatility
HUT vs. RIOT - Volatility Comparison
Hut 8 Corp. (HUT) has a higher volatility of 25.07% compared to Riot Platforms, Inc. (RIOT) at 18.77%. This indicates that HUT's price experiences larger fluctuations and is considered to be riskier than RIOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HUT | RIOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.07% | 18.77% | +6.30% |
Volatility (6M)Calculated over the trailing 6-month period | 73.58% | 60.87% | +12.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.96% | 83.79% | +19.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 105.59% | 93.65% | +11.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.63% | 112.18% | +2.45% |
Dividends
HUT vs. RIOT - Dividend Comparison
Neither HUT nor RIOT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HUT Hut 8 Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RIOT Riot Platforms, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.52% |
Financials
HUT vs. RIOT - Financials Comparison
This section allows you to compare key financial metrics between Hut 8 Corp. and Riot Platforms, 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 RIOT have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (25.07%) compared to RIOT (18.77%). In terms of maximum drawdown, HUT dropped -95.04% vs RIOT's -99.98%.
HUT currently has the higher Sharpe Ratio (6.14 vs 2.40), 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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