LHX vs. SKE
LHX (L3Harris Technologies, Inc.) and SKE (Skeena Resources Ltd) are both stocks. LHX operates in Aerospace & Defense (Industrials), while SKE operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, LHX returned 8.77%/yr vs 16.41%/yr for SKE. At a 0.11 correlation, their price movements are largely independent.
Performance
LHX vs. SKE - Performance Comparison
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Returns By Period
In the year-to-date period, LHX achieves a 5.64% return, which is significantly lower than SKE's 18.46% return.
LHX
- 1D
- -1.40%
- 1M
- 1.86%
- YTD
- 5.64%
- 6M
- 8.07%
- 1Y
- 21.71%
- 3Y*
- 19.98%
- 5Y*
- 8.77%
- 10Y*
- 16.45%
SKE
- 1D
- 7.87%
- 1M
- -9.29%
- YTD
- 18.46%
- 6M
- 15.02%
- 1Y
- 91.35%
- 3Y*
- 77.46%
- 5Y*
- 16.41%
- 10Y*
- —
LHX vs. SKE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 5.64% | 42.28% | 1.88% | 3.67% | -0.48% | 14.98% | -2.76% | 49.21% | -3.38% | 8.53% |
SKE Skeena Resources Ltd | 18.46% | 172.13% | 78.69% | -8.27% | -48.99% | -4.14% | 428.16% | 134.09% | -59.87% | 878.93% |
Correlation
The correlation between LHX and SKE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017 | 0.11 |
The correlation between LHX and SKE shifts across timeframes, from 0.11 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LHX:
$12.29
SKE:
-CA$2.12
LHX:
$22.48B
SKE:
CA$0.00
LHX:
$5.50B
SKE:
-CA$1.29M
LHX:
$3.32B
SKE:
-CA$109.58M
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Return for Risk
LHX vs. SKE — Risk / Return Rank
LHX
SKE
LHX vs. SKE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) and Skeena Resources Ltd (SKE). 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.
| LHX | SKE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.76 | -1.54 |
| Martin ratioReturn relative to average drawdown | 3.16 | 7.15 | -3.98 |
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Drawdowns
LHX vs. SKE - Drawdown Comparison
The maximum LHX drawdown since its inception was -69.82%, smaller than the maximum SKE drawdown of -75.69%. Use the drawdown chart below to compare losses from any high point for LHX and SKE.
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Drawdown Indicators
| LHX | SKE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.82% | -75.69% | +5.87% |
Max Drawdown (1Y)Largest decline over 1 year | -20.55% | -34.71% | +14.16% |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | -38.40% | +12.42% |
Max Drawdown (5Y)Largest decline over 5 years | -38.16% | -75.69% | +37.53% |
Max Drawdown (10Y)Largest decline over 10 years | -38.16% | — | — |
Current DrawdownCurrent decline from peak | -18.06% | -26.26% | +8.20% |
Average DrawdownAverage peak-to-trough decline | -21.33% | -34.38% | +13.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 13.37% | -5.48% |
Volatility
LHX vs. SKE - Volatility Comparison
The current volatility for L3Harris Technologies, Inc. (LHX) is 7.33%, while Skeena Resources Ltd (SKE) has a volatility of 22.02%. This indicates that LHX experiences smaller price fluctuations and is considered to be less risky than SKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LHX | SKE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.33% | 22.02% | -14.69% |
Volatility (6M)Calculated over the trailing 6-month period | 19.85% | 45.45% | -25.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.63% | 59.38% | -34.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.95% | 58.32% | -34.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.44% | 386.82% | -361.38% |
Dividends
LHX vs. SKE - Dividend Comparison
LHX's dividend yield for the trailing twelve months is around 1.59%, while SKE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 1.59% | 1.64% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% |
SKE Skeena Resources Ltd | 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
LHX vs. SKE - Financials Comparison
This section allows you to compare key financial metrics between L3Harris Technologies, Inc. and Skeena Resources Ltd. 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
Frequently Asked Questions
LHX and SKE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKE has higher volatility (22.02%) compared to LHX (7.33%). In terms of maximum drawdown, LHX dropped -69.82% vs SKE's -75.69%.
SKE currently has the higher Sharpe Ratio (1.61 vs 1.02), 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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