HUT vs. TSEM

Last updated Jul 21, 2026

HUT (Hut 8 Corp.) and TSEM (Tower Semiconductor Ltd) are both stocks. HUT operates in Capital Markets (Financial Services), while TSEM operates in Semiconductors (Technology). Over the past 5 years, HUT returned 36.76%/yr vs 52.70%/yr for TSEM. At a 0.26 correlation, their price movements are largely independent.

Performance

HUT vs. TSEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hut 8 Corp. (HUT) and Tower Semiconductor Ltd (TSEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUT achieves a 119.70% return, which is significantly higher than TSEM's 93.50% return.

HUT

• 1D: 10.37%
• 1M: -18.89%
• 6M: 69.20%
• YTD: 119.70%
• 1Y: 366.84%
• 3Y*: 77.17%
• 5Y*: 36.76%
• 10Y*: —
• ALL TIME*: 22.96%

TSEM

• 1D: -2.94%
• 1M: -20.76%
• 6M: 75.01%
• YTD: 93.50%
• 1Y: 368.09%
• 3Y*: 84.21%
• 5Y*: 52.70%
• 10Y*: 33.20%
• ALL TIME*: 1.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HUT vs. TSEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HUT Hut 8 Corp.	119.70%	124.21%	53.60%	213.88%	-89.17%	185.45%	250.63%	-25.02%	-70.80%
TSEM Tower Semiconductor Ltd	93.50%	127.96%	68.77%	-29.35%	8.87%	53.68%	7.32%	63.23%	-49.36%

Correlation

The correlation between HUT and TSEM is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018	0.26

The correlation between HUT and TSEM shifts across timeframes, from 0.26 (all time) to 0.37 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HUT : $11.36B TSEM : $25.39B
EPS HUT : -$2.77 TSEM : $2.15
PB Ratio HUT : 8.12 TSEM : 8.74
Total Revenue (TTM) HUT : -$40.96M TSEM : $1.62B
Gross Profit (TTM) HUT : -$132.19M TSEM : $401.63M
EBITDA (TTM) HUT : -$306.16M TSEM : $571.93M

Return for Risk

HUT vs. TSEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HUT

HUT Risk / Return Rank: 96
HUT Sharpe Ratio Rank: 98
HUT Sortino Ratio Rank: 94
HUT Omega Ratio Rank: 92
HUT Calmar Ratio Rank: 98
HUT Martin Ratio Rank: 98

TSEM

TSEM Risk / Return Rank: 98
TSEM Sharpe Ratio Rank: 99
TSEM Sortino Ratio Rank: 98
TSEM Omega Ratio Rank: 97
TSEM Calmar Ratio Rank: 99
TSEM Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HUT vs. TSEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. (HUT) and Tower Semiconductor Ltd (TSEM). 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	TSEM	Difference
Sharpe ratio: Return per unit of total volatility	3.56	5.06	-1.51
Sortino ratio: Return per unit of downside risk	3.25	4.35	-1.11
Omega ratio: Gain probability vs. loss probability	1.40	1.55	-0.15
Calmar ratio: Return relative to maximum drawdown	9.57	11.20	-1.63
Martin ratio: Return relative to average drawdown	24.19	37.51	-13.32

HUT vs. TSEM - Sharpe Ratio Comparison

The current HUT Sharpe Ratio is 3.56, which is comparable to the TSEM Sharpe Ratio of 5.06. The chart below compares the historical Sharpe Ratios of HUT and TSEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HUT vs. TSEM - Drawdown Comparison

The maximum HUT drawdown since its inception was -95.04%, roughly equal to the maximum TSEM drawdown of -99.75%. Use the drawdown chart below to compare losses from any high point for HUT and TSEM.

Drawdown Indicators

	HUT	TSEM	Difference
Max Drawdown Largest peak-to-trough decline	-95.04%	-99.75%	+4.71%
Max Drawdown (1Y) Largest decline over 1 year	-38.62%	-33.11%	-5.51%
Max Drawdown (3Y) Largest decline over 3 years	-65.12%	-45.83%	-19.29%
Max Drawdown (5Y) Largest decline over 5 years	-95.04%	-55.39%	-39.65%
Max Drawdown (10Y) Largest decline over 10 years	—	-62.28%	—
Current Drawdown Current decline from peak	-24.12%	-62.02%	+37.90%
Average Drawdown Average peak-to-trough decline	-63.02%	-85.30%	+22.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.25%	9.87%	+5.38%

Volatility

HUT vs. TSEM - Volatility Comparison

Hut 8 Corp. (HUT) and Tower Semiconductor Ltd (TSEM) have volatilities of 26.62% and 27.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUT	TSEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.62%	27.43%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	73.18%	61.75%	+11.43%
Volatility (1Y) Calculated over the trailing 1-year period	104.20%	73.41%	+30.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.60%	48.84%	+56.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.45%	44.40%	+70.05%

Dividends

HUT vs. TSEM - Dividend Comparison

Neither HUT nor TSEM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both HUT and TSEM in my portfolio?

HUT and TSEM have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUT or TSEM?

TSEM has higher volatility (27.43%) compared to HUT (26.62%). In terms of maximum drawdown, HUT dropped -95.04% vs TSEM's -99.75%.

Which has better risk-adjusted returns?

TSEM currently has the higher Sharpe Ratio (5.06 vs 3.56), 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.