HYLN vs. HIVE

Last updated Aug 1, 2026

HYLN (Hyliion Holdings Corp.) and HIVE (HIVE Digital Technologies Ltd.) are both stocks. HYLN operates in Auto Parts (Consumer Cyclical), while HIVE operates in Capital Markets (Financial Services). Over the past 5 years, HYLN returned -18.17%/yr vs -26.11%/yr for HIVE. Their 0.36 correlation means their historical movements had little consistent relationship.

Performance

HYLN vs. HIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hyliion Holdings Corp. (HYLN) and HIVE Digital Technologies Ltd. (HIVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HYLN achieves a 93.48% return, which is significantly higher than HIVE's 9.69% return.

HYLN

• 1D: -1.66%
• 1M: -17.59%
• 6M: 73.66%
• YTD: 93.48%
• 1Y: 154.29%
• 3Y*: 23.28%
• 5Y*: -18.17%
• 10Y*: —
• ALL TIME*: -12.87%

HIVE

• 1D: -5.67%
• 1M: -12.65%
• 6M: 1.43%
• YTD: 9.69%
• 1Y: 39.41%
• 3Y*: -18.25%
• 5Y*: -26.11%
• 10Y*: —
• ALL TIME*: -16.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HIVE HIVE Digital Technologies Ltd.	$49.64M	$51.11M	$103.20M
HYLN Hyliion Holdings Corp.	$10.60M	$10.69M	$27.30M

HYLN vs. HIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HYLN Hyliion Holdings Corp.	93.48%	-29.50%	220.76%	-65.23%	-62.26%	-62.38%	64.96%	2.99%
HIVE HIVE Digital Technologies Ltd.	9.69%	-9.47%	-37.09%	214.58%	-89.09%	39.68%	2,600.00%	-87.50%

Correlation

The correlation between HYLN and HIVE is 0.39, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.39
Correlation (3Y) Balances recent behavior with more history.	0.40
Correlation (5Y) Shows whether the relationship held over a longer period.	0.46
Correlation (All Time) Calculated using the full available price history since Apr 22, 2019	0.36

The correlation between HYLN and HIVE shifts across timeframes, from 0.36 (all time) to 0.46 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HYLN : $634.84M HIVE : $756.83M
EPS HYLN : -$0.29 HIVE : -$0.31
PS Ratio HYLN : 108.04 HIVE : 2.57
Total Revenue (TTM) HYLN : $5.82M HIVE : $257.14M
Gross Profit (TTM) HYLN : $368.00K HIVE : $58.57M
EBITDA (TTM) HYLN : -$50.90M HIVE : $87.81M

Return for Risk

HYLN vs. HIVE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HYLN

HYLN Risk / Return Rank: 82
HYLN Sharpe Ratio Rank: 82
HYLN Sortino Ratio Rank: 84
HYLN Omega Ratio Rank: 81
HYLN Calmar Ratio Rank: 82
HYLN Martin Ratio Rank: 82

HIVE

HIVE Risk / Return Rank: 58
HIVE Sharpe Ratio Rank: 57
HIVE Sortino Ratio Rank: 65
HIVE Omega Ratio Rank: 61
HIVE Calmar Ratio Rank: 56
HIVE Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HYLN vs. HIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hyliion Holdings Corp. (HYLN) and HIVE Digital Technologies Ltd. (HIVE). 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.

	HYLN	HIVE	Difference
Sharpe ratio: Return per unit of total volatility	1.32	0.32	+1.00
Sortino ratio: Return per unit of downside risk	2.31	1.24	+1.07
Omega ratio: Gain probability vs. loss probability	1.27	1.14	+0.13
Calmar ratio: Return relative to maximum drawdown	2.30	0.43	+1.87
Martin ratio: Return relative to average drawdown	5.83	0.65	+5.18

HYLN vs. HIVE - Sharpe Ratio Comparison

The current HYLN Sharpe Ratio is 1.32, which is higher than the HIVE Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of HYLN and HIVE, 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

HYLN vs. HIVE - Drawdown Comparison

The maximum HYLN drawdown since its inception was -99.03%, roughly equal to the maximum HIVE drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for HYLN and HIVE.

Drawdown Indicators

	HYLN	HIVE	Difference
Max Drawdown Largest peak-to-trough decline	-99.03%	-97.73%	-1.30%
Max Drawdown (1Y) Largest decline over 1 year	-60.00%	-74.86%	+14.86%
Max Drawdown (3Y) Largest decline over 3 years	-70.31%	-77.10%	+6.79%
Max Drawdown (5Y) Largest decline over 5 years	-94.50%	-94.61%	+0.11%
Current Drawdown Current decline from peak	-93.63%	-89.45%	-4.18%
Average Drawdown Average peak-to-trough decline	-74.25%	-78.70%	+4.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.65%	50.07%	-26.42%

Volatility

HYLN vs. HIVE - Volatility Comparison

The current volatility for Hyliion Holdings Corp. (HYLN) is 27.29%, while HIVE Digital Technologies Ltd. (HIVE) has a volatility of 29.53%. This indicates that HYLN experiences smaller price fluctuations and is considered to be less risky than HIVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYLN	HIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.29%	29.53%	-2.24%
Volatility (6M) Calculated over the trailing 6-month period	85.65%	72.83%	+12.82%
Volatility (1Y) Calculated over the trailing 1-year period	104.39%	99.87%	+4.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.87%	93.31%	-2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.20%	109.16%	-19.96%

Dividends

HYLN vs. HIVE - Dividend Comparison

Neither HYLN nor HIVE has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both HYLN and HIVE in my portfolio?

HYLN and HIVE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HYLN or HIVE?

HIVE has higher volatility (29.53%) compared to HYLN (27.29%). In terms of maximum drawdown, HYLN dropped -99.03% vs HIVE's -97.73%.

Which has better risk-adjusted returns?

HYLN currently has the higher Sharpe Ratio (1.32 vs 0.32), 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.