HYLN vs. HIVE

Last updated Jun 23, 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 -9.32%/yr vs -15.90%/yr for HIVE. At a 0.35 correlation, their price movements are largely independent.

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 300.54% return, which is significantly higher than HIVE's 89.92% return.

HYLN

• 1D: -9.01%
• 1M: 23.04%
• YTD: 300.54%
• 6M: 281.87%
• 1Y: 450.00%
• 3Y*: 64.69%
• 5Y*: -9.32%
• 10Y*: —

HIVE

• 1D: 15.02%
• 1M: 20.39%
• YTD: 89.92%
• 6M: 67.81%
• 1Y: 188.24%
• 3Y*: 5.69%
• 5Y*: -15.90%
• 10Y*: —

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

HYLN vs. HIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HYLN Hyliion Holdings Corp.	300.54%	-29.50%	220.76%	-65.23%	-62.26%	-62.38%	64.96%	2.99%
HIVE HIVE Digital Technologies Ltd.	89.92%	-9.47%	-37.09%	214.58%	-89.09%	39.68%	2,600.00%	-87.50%

Correlation

The correlation between HYLN and HIVE 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	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Apr 22, 2019	0.35

The correlation between HYLN and HIVE shifts across timeframes, from 0.35 (all time) to 0.46 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS HYLN : -$0.29 HIVE : -$0.33
PS Ratio HYLN : 223.27 HIVE : 4.19
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 risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYLN

HYLN Risk / Return Rank: 97
HYLN Sharpe Ratio Rank: 98
HYLN Sortino Ratio Rank: 96
HYLN Omega Ratio Rank: 94
HYLN Calmar Ratio Rank: 98
HYLN Martin Ratio Rank: 97

HIVE

HIVE Risk / Return Rank: 82
HIVE Sharpe Ratio Rank: 88
HIVE Sortino Ratio Rank: 86
HIVE Omega Ratio Rank: 82
HIVE Calmar Ratio Rank: 81
HIVE Martin Ratio Rank: 73

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.

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	4.66	1.96	+2.70
Sortino ratio: Return per unit of downside risk	4.33	2.68	+1.66
Omega ratio: Gain probability vs. loss probability	1.50	1.32	+0.19
Calmar ratio: Return relative to maximum drawdown	12.25	2.53	+9.72
Martin ratio: Return relative to average drawdown	25.93	4.02	+21.90

HYLN vs. HIVE - Sharpe Ratio Comparison

The current HYLN Sharpe Ratio is 4.66, which is higher than the HIVE Sharpe Ratio of 1.96. 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	-37.05%	-74.86%	+37.81%
Max Drawdown (3Y) Largest decline over 3 years	-74.95%	-80.27%	+5.32%
Max Drawdown (5Y) Largest decline over 5 years	-95.67%	-94.61%	-1.06%
Current Drawdown Current decline from peak	-86.80%	-81.73%	-5.07%
Average Drawdown Average peak-to-trough decline	-73.97%	-78.58%	+4.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.47%	47.00%	-29.53%

Volatility

HYLN vs. HIVE - Volatility Comparison

Hyliion Holdings Corp. (HYLN) has a higher volatility of 49.11% compared to HIVE Digital Technologies Ltd. (HIVE) at 29.35%. This indicates that HYLN's price experiences larger fluctuations and is considered to be riskier 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	49.11%	29.35%	+19.76%
Volatility (6M) Calculated over the trailing 6-month period	74.63%	67.96%	+6.67%
Volatility (1Y) Calculated over the trailing 1-year period	97.55%	96.98%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.30%	93.40%	-4.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.49%	109.22%	-20.73%

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 0.36, 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?

HYLN has higher volatility (49.11%) compared to HIVE (29.35%). 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 (4.66 vs 1.96), 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.