JBLU vs. HBM
JBLU (JetBlue Airways Corporation) and HBM (Hudbay Minerals Inc.) are both stocks. JBLU operates in Airlines (Industrials), while HBM operates in Copper (Basic Materials). Over the past 10 years, JBLU returned -12.50%/yr vs 18.60%/yr for HBM. At a 0.23 correlation, their price movements are largely independent.
Performance
JBLU vs. HBM - Performance Comparison
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Returns By Period
In the year-to-date period, JBLU achieves a 4.62% return, which is significantly lower than HBM's 31.58% return. Over the past 10 years, JBLU has underperformed HBM with an annualized return of -12.50%, while HBM has yielded a comparatively higher 18.60% annualized return.
JBLU
- 1D
- -1.86%
- 1M
- -6.85%
- YTD
- 4.62%
- 6M
- -3.84%
- 1Y
- -4.99%
- 3Y*
- -13.95%
- 5Y*
- -24.05%
- 10Y*
- -12.50%
HBM
- 1D
- 1.75%
- 1M
- 4.36%
- YTD
- 31.58%
- 6M
- 50.45%
- 1Y
- 171.66%
- 3Y*
- 77.46%
- 5Y*
- 30.42%
- 10Y*
- 18.60%
JBLU vs. HBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JBLU JetBlue Airways Corporation | 4.62% | -42.11% | 41.62% | -14.35% | -54.49% | -2.06% | -22.33% | 16.56% | -28.11% | -0.36% |
HBM Hudbay Minerals Inc. | 31.58% | 145.46% | 47.03% | 9.24% | -29.87% | 3.82% | 69.50% | -11.77% | -46.20% | 54.77% |
Correlation
The correlation between JBLU and HBM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2009 | 0.23 |
Fundamentals
JBLU:
-$2.61
HBM:
$1.65
JBLU:
0.14
HBM:
4.39
JBLU:
$9.16B
HBM:
$2.37B
JBLU:
$3.64B
HBM:
$828.54M
JBLU:
$151.00M
HBM:
$1.54B
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Return for Risk
JBLU vs. HBM — Risk / Return Rank
JBLU
HBM
JBLU vs. HBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JetBlue Airways Corporation (JBLU) and Hudbay Minerals Inc. (HBM). 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.
| JBLU | HBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.76 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.41 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 4.78 | -4.91 |
| Martin ratioReturn relative to average drawdown | -0.28 | 15.13 | -15.41 |
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
| JBLU | HBM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | 2.96 | -3.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.40 | 0.55 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.23 | 0.32 | -0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.20 | -0.28 |
Drawdowns
JBLU vs. HBM - Drawdown Comparison
The maximum JBLU drawdown since its inception was -90.91%, roughly equal to the maximum HBM drawdown of -92.21%. Use the drawdown chart below to compare losses from any high point for JBLU and HBM.
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Drawdown Indicators
| JBLU | HBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.91% | -92.21% | +1.30% |
Max Drawdown (1Y)Largest decline over 1 year | -37.62% | -36.16% | -1.46% |
Max Drawdown (3Y)Largest decline over 3 years | -63.29% | -41.11% | -22.18% |
Max Drawdown (5Y)Largest decline over 5 years | -81.64% | -63.33% | -18.31% |
Max Drawdown (10Y)Largest decline over 10 years | -85.58% | -86.34% | +0.76% |
Current DrawdownCurrent decline from peak | -84.76% | -18.07% | -66.69% |
Average DrawdownAverage peak-to-trough decline | -60.43% | -52.50% | -7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.83% | 11.40% | +6.43% |
Volatility
JBLU vs. HBM - Volatility Comparison
The current volatility for JetBlue Airways Corporation (JBLU) is 17.63%, while Hudbay Minerals Inc. (HBM) has a volatility of 25.29%. This indicates that JBLU experiences smaller price fluctuations and is considered to be less risky than HBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JBLU | HBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.63% | 25.29% | -7.66% |
Volatility (6M)Calculated over the trailing 6-month period | 48.30% | 46.90% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.61% | 58.55% | +2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.02% | 55.36% | +4.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.37% | 58.79% | -4.42% |
Dividends
JBLU vs. HBM - Dividend Comparison
JBLU has not paid dividends to shareholders, while HBM's dividend yield for the trailing twelve months is around 0.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBM Hudbay Minerals Inc. | 0.05% | 0.07% | 0.17% | 0.31% | 0.32% | 0.22% | 0.21% | 0.36% | 0.38% | 0.23% | 0.35% | 0.52% |
JBLU JetBlue Airways Corporation | 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
JBLU vs. HBM - Financials Comparison
This section allows you to compare key financial metrics between JetBlue Airways Corporation and Hudbay Minerals Inc.. 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
JBLU vs. HBM - Profitability Comparison
JBLU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JetBlue Airways Corporation reported a gross profit of 966.00M and revenue of 2.24B. Therefore, the gross margin over that period was 43.1%.
HBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a gross profit of 340.81M and revenue of 745.43M. Therefore, the gross margin over that period was 45.7%.
JBLU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JetBlue Airways Corporation reported an operating income of -224.00M and revenue of 2.24B, resulting in an operating margin of -10.0%.
HBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported an operating income of 297.62M and revenue of 745.43M, resulting in an operating margin of 39.9%.
JBLU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JetBlue Airways Corporation reported a net income of -319.00M and revenue of 2.24B, resulting in a net margin of -14.2%.
HBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a net income of 187.76M and revenue of 745.43M, resulting in a net margin of 25.2%.
Frequently Asked Questions
JBLU and HBM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBM has higher volatility (25.29%) compared to JBLU (17.63%). In terms of maximum drawdown, JBLU dropped -90.91% vs HBM's -92.21%.
HBM currently has the higher Sharpe Ratio (2.96 vs -0.08), 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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