INBX vs. HL

Last updated Jul 11, 2026

INBX (Inhibrx, Inc.) and HL (Hecla Mining Company) are both stocks. INBX operates in Biotechnology (Healthcare), while HL operates in Other Precious Metals & Mining (Basic Materials). Over the past year, INBX returned 327.24% vs 150.61% for HL. At a 0.12 correlation, their price movements are largely independent.

Performance

INBX vs. HL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inhibrx, Inc. (INBX) and Hecla Mining Company (HL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INBX achieves a 17.73% return, which is significantly higher than HL's -17.53% return.

INBX

• 1D: -10.44%
• 1M: -0.57%
• 6M: 27.66%
• YTD: 17.73%
• 1Y: 327.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HL

• 1D: 0.19%
• 1M: 5.54%
• 6M: -29.50%
• YTD: -17.53%
• 1Y: 150.61%
• 3Y*: 44.14%
• 5Y*: 17.81%
• 10Y*: 10.98%

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

INBX vs. HL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
INBX Inhibrx, Inc.	17.73%	412.99%	18.46%
HL Hecla Mining Company	-17.53%	291.70%	-16.81%

Correlation

The correlation between INBX and HL is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (All Time) Calculated using the full available price history since May 29, 2024	0.12

Fundamentals

Market Cap INBX : $1.36B HL : $10.61B
EPS INBX : -$8.39 HL : $0.83
PS Ratio INBX : 1.11K HL : 6.77
Total Revenue (TTM) INBX : $1.30M HL : $1.57B
Gross Profit (TTM) INBX : -$508.00K HL : $788.95M
EBITDA (TTM) INBX : -$117.63M HL : $864.40M

Return for Risk

INBX vs. HL — Risk / Return Rank

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

INBX

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

HL

HL Risk / Return Rank: 88
HL Sharpe Ratio Rank: 94
HL Sortino Ratio Rank: 89
HL Omega Ratio Rank: 87
HL Calmar Ratio Rank: 87
HL Martin Ratio Rank: 83

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.

INBX vs. HL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inhibrx, Inc. (INBX) and Hecla Mining Company (HL). 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.

	INBX	HL	Difference
Sharpe ratio: Return per unit of total volatility	2.68	2.32	+0.36
Sortino ratio: Return per unit of downside risk	4.34	2.73	+1.61
Omega ratio: Gain probability vs. loss probability	1.56	1.33	+0.23
Calmar ratio: Return relative to maximum drawdown	8.95	3.05	+5.90
Martin ratio: Return relative to average drawdown	19.22	6.03	+13.18

INBX vs. HL - Sharpe Ratio Comparison

The current INBX Sharpe Ratio is 2.68, which is comparable to the HL Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of INBX and HL, 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

INBX vs. HL - Drawdown Comparison

The maximum INBX drawdown since its inception was -39.84%, smaller than the maximum HL drawdown of -97.92%. Use the drawdown chart below to compare losses from any high point for INBX and HL.

Drawdown Indicators

	INBX	HL	Difference
Max Drawdown Largest peak-to-trough decline	-39.84%	-97.92%	+58.08%
Max Drawdown (1Y) Largest decline over 1 year	-38.66%	-55.81%	+17.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-55.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-55.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.45%	—
Current Drawdown Current decline from peak	-34.43%	-50.25%	+15.82%
Average Drawdown Average peak-to-trough decline	-17.60%	-69.90%	+52.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.97%	28.11%	-10.14%

Volatility

INBX vs. HL - Volatility Comparison

The current volatility for Inhibrx, Inc. (INBX) is 15.71%, while Hecla Mining Company (HL) has a volatility of 17.79%. This indicates that INBX experiences smaller price fluctuations and is considered to be less risky than HL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INBX	HL	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.71%	17.79%	-2.08%
Volatility (6M) Calculated over the trailing 6-month period	61.20%	53.33%	+7.87%
Volatility (1Y) Calculated over the trailing 1-year period	128.86%	73.28%	+55.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.10%	59.43%	+39.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	99.10%	62.82%	+36.28%

Dividends

INBX vs. HL - Dividend Comparison

INBX has not paid dividends to shareholders, while HL's dividend yield for the trailing twelve months is around 0.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HL Hecla Mining Company	0.09%	0.08%	0.81%	0.65%	0.40%	0.72%	0.25%	0.29%	0.42%	0.25%	0.19%	0.53%
INBX Inhibrx, 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 INBX and HL in my portfolio?

INBX and HL have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INBX or HL?

HL has higher volatility (17.79%) compared to INBX (15.71%). In terms of maximum drawdown, INBX dropped -39.84% vs HL's -97.92%.

Which has better risk-adjusted returns?

INBX currently has the higher Sharpe Ratio (2.68 vs 2.32), 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.