HYMC vs. BOXX

Last updated Apr 1, 2026

Compare and contrast key facts about Hycroft Mining Holding Corporation (HYMC) and Alpha Architect 1-3 Month Box ETF (BOXX).

BOXX is a passively managed fund by Alpha Architect that tracks the performance of the Solactive 1-3 Month US T-Bill Index. It was launched on Dec 27, 2022.

Performance

HYMC vs. BOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hycroft Mining Holding Corporation (HYMC) and Alpha Architect 1-3 Month Box ETF (BOXX). The values are adjusted to include any dividend payments, if applicable.

HYMC vs. BOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HYMC Hycroft Mining Holding Corporation	48.09%	975.57%	-9.80%	-53.96%	10.28%
BOXX Alpha Architect 1-3 Month Box ETF	1.03%	4.37%	5.16%	5.04%	0.07%

Returns By Period

In the year-to-date period, HYMC achieves a 48.09% return, which is significantly higher than BOXX's 1.03% return.

HYMC

• 1D: 15.52%
• 1M: -30.12%
• YTD: 48.09%
• 6M: 467.74%
• 1Y: 986.42%
• 3Y*: 101.16%
• 5Y*: -2.28%
• 10Y*: —

BOXX

• 1D: 0.11%
• 1M: 0.40%
• YTD: 1.03%
• 6M: 2.13%
• 1Y: 4.31%
• 3Y*: 4.83%
• 5Y*: —
• 10Y*: —

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

Return for Risk

HYMC vs. BOXX — Risk / Return Rank

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

HYMC

HYMC Risk / Return Rank: 99
HYMC Sharpe Ratio Rank: 100
HYMC Sortino Ratio Rank: 98
HYMC Omega Ratio Rank: 97
HYMC Calmar Ratio Rank: 100
HYMC Martin Ratio Rank: 100

BOXX

BOXX Risk / Return Rank: 100
BOXX Sharpe Ratio Rank: 100
BOXX Sortino Ratio Rank: 100
BOXX Omega Ratio Rank: 100
BOXX Calmar Ratio Rank: 100
BOXX Martin Ratio Rank: 100

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.

HYMC vs. BOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hycroft Mining Holding Corporation (HYMC) and Alpha Architect 1-3 Month Box ETF (BOXX). 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.

	HYMC	BOXX	Difference
Sharpe ratio Return per unit of total volatility	8.40	13.56	-5.17
Sortino ratio Return per unit of downside risk	4.76	47.23	-42.48
Omega ratio Gain probability vs. loss probability	1.59	10.69	-9.09
Calmar ratio Return relative to maximum drawdown	22.74	120.87	-98.12
Martin ratio Return relative to average drawdown	59.73	720.99	-661.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYMC vs. BOXX - Sharpe Ratio Comparison

The current HYMC Sharpe Ratio is 8.40, which is lower than the BOXX Sharpe Ratio of 13.56. The chart below compares the historical Sharpe Ratios of HYMC and BOXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HYMC	BOXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	8.40	13.56	-5.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	13.15	-13.24

Correlation

The correlation between HYMC and BOXX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

HYMC vs. BOXX - Dividend Comparison

Neither HYMC nor BOXX has paid dividends to shareholders.

	TTM	2025	2024
HYMC Hycroft Mining Holding Corporation	0.00%	0.00%	0.00%
BOXX Alpha Architect 1-3 Month Box ETF	0.00%	0.00%	0.26%

Drawdowns

HYMC vs. BOXX - Drawdown Comparison

The maximum HYMC drawdown since its inception was -98.89%, which is greater than BOXX's maximum drawdown of -0.12%. Use the drawdown chart below to compare losses from any high point for HYMC and BOXX.

Drawdown Indicators

	HYMC	BOXX	Difference
Max Drawdown Largest peak-to-trough decline	-98.89%	-0.12%	-98.77%
Max Drawdown (1Y) Largest decline over 1 year	-46.18%	-0.04%	-46.14%
Max Drawdown (5Y) Largest decline over 5 years	-95.83%	—	—
Current Drawdown Current decline from peak	-77.75%	0.00%	-77.75%
Average Drawdown Average peak-to-trough decline	-63.04%	0.00%	-63.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.59%	0.01%	+17.58%

Volatility

HYMC vs. BOXX - Volatility Comparison

Hycroft Mining Holding Corporation (HYMC) has a higher volatility of 38.10% compared to Alpha Architect 1-3 Month Box ETF (BOXX) at 0.13%. This indicates that HYMC's price experiences larger fluctuations and is considered to be riskier than BOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYMC	BOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.10%	0.13%	+37.97%
Volatility (6M) Calculated over the trailing 6-month period	96.95%	0.24%	+96.71%
Volatility (1Y) Calculated over the trailing 1-year period	118.82%	0.32%	+118.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	152.55%	0.37%	+152.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	123.75%	0.37%	+123.38%