HY vs. TM
HY (Hyster-Yale Materials Handling, Inc.) and TM (Toyota Motor Corporation) are both stocks. HY operates in Farm & Heavy Construction Machinery (Industrials), while TM operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, HY returned -2.72%/yr vs 8.55%/yr for TM. At a 0.34 correlation, their price movements are largely independent.
Performance
HY vs. TM - Performance Comparison
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Returns By Period
In the year-to-date period, HY achieves a 22.33% return, which is significantly higher than TM's -15.81% return. Over the past 10 years, HY has underperformed TM with an annualized return of -2.72%, while TM has yielded a comparatively higher 8.55% annualized return.
HY
- 1D
- -1.90%
- 1M
- -6.61%
- YTD
- 22.33%
- 6M
- 5.65%
- 1Y
- -10.12%
- 3Y*
- -8.77%
- 5Y*
- -10.97%
- 10Y*
- -2.72%
TM
- 1D
- -0.15%
- 1M
- -4.29%
- YTD
- -15.81%
- 6M
- -7.79%
- 1Y
- -4.45%
- 3Y*
- 9.84%
- 5Y*
- 2.29%
- 10Y*
- 8.55%
HY vs. TM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HY Hyster-Yale Materials Handling, Inc. | 22.33% | -39.45% | -16.27% | 153.37% | -35.94% | -29.47% | 3.87% | -2.66% | -25.91% | 35.83% |
TM Toyota Motor Corporation | -15.81% | 13.82% | 8.88% | 38.23% | -24.43% | 23.21% | 13.62% | 22.69% | -5.81% | 12.10% |
Correlation
The correlation between HY and TM is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2012 | 0.34 |
Fundamentals
HY:
$635.14M
TM:
$234.89B
HY:
-$5.59
TM:
$2.98K
HY:
0.17
TM:
0.00
HY:
1.48
TM:
0.01
HY:
$3.65B
TM:
$51.16T
HY:
$580.60M
TM:
$8.54T
HY:
-$200.00K
TM:
$7.11T
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Return for Risk
HY vs. TM — Risk / Return Rank
HY
TM
HY vs. TM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hyster-Yale Materials Handling, Inc. (HY) and Toyota Motor Corporation (TM). 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.
| HY | TM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.00 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | -0.16 | -0.10 |
| Martin ratioReturn relative to average drawdown | -0.55 | -0.42 | -0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HY | TM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.22 | -0.15 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.23 | 0.09 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.36 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.31 | -0.27 |
Drawdowns
HY vs. TM - Drawdown Comparison
The maximum HY drawdown since its inception was -77.61%, which is greater than TM's maximum drawdown of -60.15%. Use the drawdown chart below to compare losses from any high point for HY and TM.
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Drawdown Indicators
| HY | TM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.61% | -60.15% | -17.46% |
Max Drawdown (1Y)Largest decline over 1 year | -38.95% | -27.42% | -11.53% |
Max Drawdown (3Y)Largest decline over 3 years | -66.38% | -34.92% | -31.46% |
Max Drawdown (5Y)Largest decline over 5 years | -70.62% | -36.80% | -33.82% |
Max Drawdown (10Y)Largest decline over 10 years | -77.61% | -36.80% | -40.81% |
Current DrawdownCurrent decline from peak | -57.87% | -27.42% | -30.45% |
Average DrawdownAverage peak-to-trough decline | -37.59% | -20.99% | -16.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.41% | 10.75% | +7.66% |
Volatility
HY vs. TM - Volatility Comparison
Hyster-Yale Materials Handling, Inc. (HY) has a higher volatility of 16.90% compared to Toyota Motor Corporation (TM) at 8.10%. This indicates that HY's price experiences larger fluctuations and is considered to be riskier than TM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HY | TM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.90% | 8.10% | +8.80% |
Volatility (6M)Calculated over the trailing 6-month period | 37.58% | 20.34% | +17.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.32% | 29.19% | +18.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.96% | 26.90% | +21.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.34% | 23.63% | +22.71% |
Dividends
HY vs. TM - Dividend Comparison
HY's dividend yield for the trailing twelve months is around 4.05%, more than TM's 1.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HY Hyster-Yale Materials Handling, Inc. | 4.05% | 4.81% | 2.70% | 2.09% | 5.10% | 3.13% | 2.13% | 2.14% | 1.99% | 1.41% | 1.83% | 2.15% |
TM Toyota Motor Corporation | 1.59% | 2.95% | 2.81% | 2.45% | 2.90% | 2.45% | 2.74% | 1.30% | 3.40% | 2.96% | 3.23% | 5.59% |
Financials
HY vs. TM - Financials Comparison
This section allows you to compare key financial metrics between Hyster-Yale Materials Handling, Inc. and Toyota Motor Corporation. 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
HY vs. TM - Profitability Comparison
HY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hyster-Yale Materials Handling, Inc. reported a gross profit of 124.80M and revenue of 795.20M. Therefore, the gross margin over that period was 15.7%.
TM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corporation reported a gross profit of 1.94T and revenue of 12.83T. Therefore, the gross margin over that period was 15.1%.
HY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hyster-Yale Materials Handling, Inc. reported an operating income of -28.00M and revenue of 795.20M, resulting in an operating margin of -3.5%.
TM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corporation reported an operating income of 579.96B and revenue of 12.83T, resulting in an operating margin of 4.5%.
HY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hyster-Yale Materials Handling, Inc. reported a net income of -30.50M and revenue of 795.20M, resulting in a net margin of -3.8%.
TM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corporation reported a net income of 832.22B and revenue of 12.83T, resulting in a net margin of 6.5%.
Frequently Asked Questions
HY and TM have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HY has higher volatility (16.90%) compared to TM (8.10%). In terms of maximum drawdown, HY dropped -77.61% vs TM's -60.15%.
TM currently has the higher Sharpe Ratio (-0.15 vs -0.22), 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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