HY vs. SURG

Last updated Jun 23, 2026

HY (Hyster-Yale Materials Handling, Inc.) and SURG (SurgePays, Inc.) are both stocks. HY operates in Farm & Heavy Construction Machinery (Industrials), while SURG operates in Software - Application (Technology). Over the past 5 years, HY returned -8.73%/yr vs -42.52%/yr for SURG. At a 0.10 correlation, their price movements are largely independent.

Performance

HY vs. SURG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hyster-Yale Materials Handling, Inc. (HY) and SurgePays, Inc. (SURG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HY achieves a 32.29% return, which is significantly higher than SURG's -75.92% return.

HY

• 1D: -1.93%
• 1M: 14.91%
• YTD: 32.29%
• 6M: 27.15%
• 1Y: 4.39%
• 3Y*: -6.06%
• 5Y*: -8.73%
• 10Y*: -1.54%

SURG

• 1D: -4.35%
• 1M: -19.90%
• YTD: -75.92%
• 6M: -75.33%
• 1Y: -85.11%
• 3Y*: -61.25%
• 5Y*: -42.52%
• 10Y*: —

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

HY vs. SURG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HY Hyster-Yale Materials Handling, Inc.	32.29%	-39.45%	-16.27%	153.37%	-35.94%	-29.47%	3.87%	-2.66%	-28.09%
SURG SurgePays, Inc.	-75.92%	-6.18%	-72.40%	-1.68%	224.75%	-65.62%	-60.83%	-21.05%	-62.75%

Correlation

The correlation between HY and SURG is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Jan 16, 2018	0.10

The correlation between HY and SURG shifts across timeframes, from 0.05 (1 year) to 0.17 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS HY : -$5.59 SURG : -$2.12
PS Ratio HY : 0.19 SURG : 0.16
Total Revenue (TTM) HY : $3.65B SURG : $50.37M
Gross Profit (TTM) HY : $580.60M SURG : -$19.42M
EBITDA (TTM) HY : -$200.00K SURG : -$40.48M

Return for Risk

HY vs. SURG — Risk / Return Rank

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

HY

HY Risk / Return Rank: 44
HY Sharpe Ratio Rank: 46
HY Sortino Ratio Rank: 43
HY Omega Ratio Rank: 42
HY Calmar Ratio Rank: 45
HY Martin Ratio Rank: 45

SURG

SURG Risk / Return Rank: 5
SURG Sharpe Ratio Rank: 7
SURG Sortino Ratio Rank: 4
SURG Omega Ratio Rank: 3
SURG Calmar Ratio Rank: 3
SURG Martin Ratio Rank: 6

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.

HY vs. SURG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hyster-Yale Materials Handling, Inc. (HY) and SurgePays, Inc. (SURG). 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.

	HY	SURG	Difference
Sharpe ratio: Return per unit of total volatility	0.09	-0.89	+0.98
Sortino ratio: Return per unit of downside risk	0.48	-1.82	+2.29
Omega ratio: Gain probability vs. loss probability	1.06	0.75	+0.31
Calmar ratio: Return relative to maximum drawdown	0.11	-0.96	+1.08
Martin ratio: Return relative to average drawdown	0.24	-1.52	+1.75

HY vs. SURG - Sharpe Ratio Comparison

The current HY Sharpe Ratio is 0.09, which is higher than the SURG Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of HY and SURG, 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

HY vs. SURG - Drawdown Comparison

The maximum HY drawdown since its inception was -77.61%, smaller than the maximum SURG drawdown of -99.37%. Use the drawdown chart below to compare losses from any high point for HY and SURG.

Drawdown Indicators

	HY	SURG	Difference
Max Drawdown Largest peak-to-trough decline	-77.61%	-99.37%	+21.76%
Max Drawdown (1Y) Largest decline over 1 year	-38.95%	-88.34%	+49.39%
Max Drawdown (3Y) Largest decline over 3 years	-66.38%	-95.54%	+29.16%
Max Drawdown (5Y) Largest decline over 5 years	-70.08%	-95.54%	+25.46%
Max Drawdown (10Y) Largest decline over 10 years	-77.61%	—	—
Current Drawdown Current decline from peak	-54.44%	-99.36%	+44.92%
Average Drawdown Average peak-to-trough decline	-37.64%	-85.43%	+47.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.60%	56.07%	-37.47%

Volatility

HY vs. SURG - Volatility Comparison

The current volatility for Hyster-Yale Materials Handling, Inc. (HY) is 13.03%, while SurgePays, Inc. (SURG) has a volatility of 27.65%. This indicates that HY experiences smaller price fluctuations and is considered to be less risky than SURG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HY	SURG	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.03%	27.65%	-14.62%
Volatility (6M) Calculated over the trailing 6-month period	35.07%	87.40%	-52.33%
Volatility (1Y) Calculated over the trailing 1-year period	47.94%	96.29%	-48.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.13%	96.20%	-48.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.46%	107.93%	-61.47%

Dividends

HY vs. SURG - Dividend Comparison

HY's dividend yield for the trailing twelve months is around 3.75%, while SURG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HY Hyster-Yale Materials Handling, Inc.	3.75%	4.81%	2.70%	2.09%	5.10%	3.13%	2.13%	2.14%	1.99%	1.41%	1.83%	2.15%
SURG SurgePays, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both HY and SURG in my portfolio?

HY and SURG have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HY or SURG?

SURG has higher volatility (27.65%) compared to HY (13.03%). In terms of maximum drawdown, HY dropped -77.61% vs SURG's -99.37%.

Which has better risk-adjusted returns?

HY currently has the higher Sharpe Ratio (0.09 vs -0.89), 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.