HWM vs. HLIO
HWM (Howmet Aerospace Inc.) and HLIO (Helios Technologies, Inc.) are both stocks. Both are in the Industrials sector — HWM in Aerospace & Defense, HLIO in Specialty Industrial Machinery. Over the past 10 years, HWM returned 33.65%/yr vs 13.24%/yr for HLIO. At a 0.33 correlation, their price movements are largely independent.
Performance
HWM vs. HLIO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HWM achieves a 36.89% return, which is significantly lower than HLIO's 73.32% return. Over the past 10 years, HWM has outperformed HLIO with an annualized return of 33.65%, while HLIO has yielded a comparatively lower 13.24% annualized return.
HWM
- 1D
- 0.97%
- 1M
- 9.28%
- YTD
- 36.89%
- 6M
- 34.81%
- 1Y
- 62.11%
- 3Y*
- 82.73%
- 5Y*
- 53.11%
- 10Y*
- 33.65%
HLIO
- 1D
- 2.12%
- 1M
- 16.80%
- YTD
- 73.32%
- 6M
- 67.31%
- 1Y
- 196.87%
- 3Y*
- 14.73%
- 5Y*
- 4.73%
- 10Y*
- 13.24%
HWM vs. HLIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWM Howmet Aerospace Inc. | 36.89% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
HLIO Helios Technologies, Inc. | 73.32% | 20.97% | -0.78% | -16.19% | -47.97% | 98.38% | 16.36% | 40.53% | -48.35% | 62.95% |
Correlation
The correlation between HWM and HLIO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 9, 1997 | 0.33 |
Fundamentals
HWM:
$112.99B
HLIO:
$3.08B
HWM:
$4.31
HLIO:
$1.83
HWM:
65.07
HLIO:
50.49
HWM:
13.16
HLIO:
3.53
HWM:
20.46
HLIO:
3.29
HWM:
$8.62B
HLIO:
$871.90M
HWM:
$2.81B
HLIO:
$286.20M
HWM:
$2.66B
HLIO:
$143.90M
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
HWM vs. HLIO — Risk / Return Rank
HWM
HLIO
HWM vs. HLIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Howmet Aerospace Inc. (HWM) and Helios Technologies, Inc. (HLIO). 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.
| HWM | HLIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.97 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.63 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | 11.61 | -7.68 |
| Martin ratioReturn relative to average drawdown | 11.10 | 31.26 | -20.16 |
Loading charts...
Drawdowns
HWM vs. HLIO - Drawdown Comparison
The maximum HWM drawdown since its inception was -88.30%, which is greater than HLIO's maximum drawdown of -76.93%. Use the drawdown chart below to compare losses from any high point for HWM and HLIO.
Loading charts...
Drawdown Indicators
| HWM | HLIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.30% | -76.93% | -11.37% |
Max Drawdown (1Y)Largest decline over 1 year | -15.89% | -17.07% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -61.12% | +41.71% |
Max Drawdown (5Y)Largest decline over 5 years | -21.22% | -76.93% | +55.71% |
Max Drawdown (10Y)Largest decline over 10 years | -64.81% | -76.93% | +12.12% |
Current DrawdownCurrent decline from peak | -1.01% | -16.45% | +15.44% |
Average DrawdownAverage peak-to-trough decline | -31.00% | -32.22% | +1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.61% | 6.33% | -0.72% |
Volatility
HWM vs. HLIO - Volatility Comparison
The current volatility for Howmet Aerospace Inc. (HWM) is 10.24%, while Helios Technologies, Inc. (HLIO) has a volatility of 12.48%. This indicates that HWM experiences smaller price fluctuations and is considered to be less risky than HLIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HWM | HLIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 12.48% | -2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 25.16% | 29.80% | -4.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.74% | 50.43% | -18.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.21% | 42.86% | -10.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.83% | 43.53% | -3.70% |
Dividends
HWM vs. HLIO - Dividend Comparison
HWM's dividend yield for the trailing twelve months is around 0.17%, less than HLIO's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIO Helios Technologies, Inc. | 0.42% | 0.67% | 0.81% | 0.79% | 0.66% | 0.34% | 0.68% | 0.78% | 1.08% | 0.45% | 1.00% | 1.42% |
HWM Howmet Aerospace Inc. | 0.17% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
Financials
HWM vs. HLIO - Financials Comparison
This section allows you to compare key financial metrics between Howmet Aerospace Inc. and Helios Technologies, 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
HWM vs. HLIO - Profitability Comparison
HWM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a gross profit of 854.00M and revenue of 2.31B. Therefore, the gross margin over that period was 36.9%.
HLIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Helios Technologies, Inc. reported a gross profit of 74.90M and revenue of 228.40M. Therefore, the gross margin over that period was 32.8%.
HWM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported an operating income of 734.00M and revenue of 2.31B, resulting in an operating margin of 31.7%.
HLIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Helios Technologies, Inc. reported an operating income of 29.90M and revenue of 228.40M, resulting in an operating margin of 13.1%.
HWM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a net income of 580.00M and revenue of 2.31B, resulting in a net margin of 25.1%.
HLIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Helios Technologies, Inc. reported a net income of 19.70M and revenue of 228.40M, resulting in a net margin of 8.6%.
Frequently Asked Questions
HWM and HLIO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HLIO has higher volatility (12.48%) compared to HWM (10.24%). In terms of maximum drawdown, HWM dropped -88.30% vs HLIO's -76.93%.
HLIO currently has the higher Sharpe Ratio (3.94 vs 1.97), 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 HWM and HLIO
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