MARA vs. HUT
MARA (MARA Holdings, Inc.) and HUT (Hut 8 Corp.) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past 5 years, MARA returned -16.34%/yr vs 35.40%/yr for HUT. Their 0.63 correlation means they have sometimes moved together and sometimes differently.
Performance
MARA vs. HUT - Performance Comparison
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Returns By Period
In the year-to-date period, MARA achieves a 26.06% return, which is significantly lower than HUT's 134.28% return.
MARA
- 1D
- -4.23%
- 1M
- -8.71%
- 6M
- 19.16%
- YTD
- 26.06%
- 1Y
- -26.97%
- 3Y*
- -12.38%
- 5Y*
- -16.34%
- 10Y*
- -13.31%
- ALL TIME*
- -10.28%
HUT
- 1D
- -0.59%
- 1M
- 10.80%
- 6M
- 92.78%
- YTD
- 134.28%
- 1Y
- 444.14%
- 3Y*
- 85.18%
- 5Y*
- 35.40%
- 10Y*
- —
- ALL TIME*
- 23.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HUT Hut 8 Corp. | $525.36M | $446.23M | $513.46M |
| $650.73M | $599.97M | $583.47M |
MARA vs. HUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MARA MARA Holdings, Inc. | 26.06% | -46.45% | -28.61% | 586.84% | -89.59% | 214.75% | 1,084.48% | -39.16% | -80.10% |
HUT Hut 8 Corp. | 134.28% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.80% |
Correlation
The correlation between MARA and HUT is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.64 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.63 |
The correlation between MARA and HUT shifts across timeframes, from 0.63 (all time) to 0.75 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MARA:
$4.32B
HUT:
$12.12B
MARA:
-$5.07
HUT:
-$2.77
MARA:
$867.82M
HUT:
-$40.96M
MARA:
$164.95M
HUT:
-$132.19M
MARA:
$373.68M
HUT:
-$306.16M
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Return for Risk
MARA vs. HUT — Risk / Return Rank
MARA
HUT
MARA vs. HUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MARA Holdings, Inc. (MARA) and Hut 8 Corp. (HUT). 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.
| MARA | HUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.17 | ||
| Sortino ratioReturn per unit of downside risk | -3.38 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.41 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 10.62 | -11.04 |
| Martin ratioReturn relative to average drawdown | -0.66 | 26.07 | -26.74 |
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Drawdowns
MARA vs. HUT - Drawdown Comparison
The maximum MARA drawdown since its inception was -99.74%, roughly equal to the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for MARA and HUT.
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Drawdown Indicators
| MARA | HUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.74% | -95.04% | -4.70% |
Max Drawdown (1Y)Largest decline over 1 year | -70.53% | -38.62% | -31.91% |
Max Drawdown (3Y)Largest decline over 3 years | -78.34% | -65.08% | -13.26% |
Max Drawdown (5Y)Largest decline over 5 years | -95.87% | -95.04% | -0.83% |
Max Drawdown (10Y)Largest decline over 10 years | -99.19% | — | — |
Current DrawdownCurrent decline from peak | -92.68% | -19.09% | -73.59% |
Average DrawdownAverage peak-to-trough decline | -78.13% | -62.83% | -15.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.73% | 15.71% | +29.02% |
Volatility
MARA vs. HUT - Volatility Comparison
The current volatility for MARA Holdings, Inc. (MARA) is 31.27%, while Hut 8 Corp. (HUT) has a volatility of 37.29%. This indicates that MARA experiences smaller price fluctuations and is considered to be less risky than HUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MARA | HUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.27% | 37.29% | -6.02% |
Volatility (6M)Calculated over the trailing 6-month period | 64.18% | 76.96% | -12.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.43% | 107.84% | -25.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.03% | 105.81% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.42% | 114.67% | +29.75% |
Dividends
MARA vs. HUT - Dividend Comparison
Neither MARA nor HUT has paid dividends to shareholders.
Financials
MARA vs. HUT - Financials Comparison
This section allows you to compare key financial metrics between MARA Holdings, Inc. and Hut 8 Corp.. 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
MARA and HUT have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (37.29%) compared to MARA (31.27%). In terms of maximum drawdown, MARA dropped -99.74% vs HUT's -95.04%.
HUT currently has the higher Sharpe Ratio (3.81 vs -0.36), 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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