MTPLF vs. HUT

Last updated Jul 14, 2026

MTPLF (Metaplanet Inc) and HUT (Hut 8 Corp.) are both stocks. Both are in the Financial Services sector — MTPLF in Asset Management, HUT in Capital Markets. Over the past year, MTPLF returned -86.59% vs 354.28% for HUT. At a 0.23 correlation, their price movements are largely independent.

Performance

MTPLF vs. HUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Metaplanet Inc (MTPLF) and Hut 8 Corp. (HUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MTPLF achieves a -43.36% return, which is significantly lower than HUT's 115.87% return.

MTPLF

• 1D: -7.45%
• 1M: -6.23%
• 6M: -59.26%
• YTD: -43.36%
• 1Y: -86.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HUT

• 1D: -2.98%
• 1M: -16.57%
• 6M: 62.33%
• YTD: 115.87%
• 1Y: 354.28%
• 3Y*: 68.31%
• 5Y*: 36.21%
• 10Y*: —

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

MTPLF vs. HUT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MTPLF Metaplanet Inc	-43.36%	8.70%	33.33%
HUT Hut 8 Corp.	115.87%	124.21%	-20.95%

Correlation

The correlation between MTPLF and HUT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Nov 25, 2024	0.23

Return for Risk

MTPLF vs. HUT — Risk / Return Rank

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

MTPLF

MTPLF Risk / Return Rank: 6
MTPLF Sharpe Ratio Rank: 6
MTPLF Sortino Ratio Rank: 1
MTPLF Omega Ratio Rank: 3
MTPLF Calmar Ratio Rank: 3
MTPLF Martin Ratio Rank: 16

HUT

HUT Risk / Return Rank: 96
HUT Sharpe Ratio Rank: 98
HUT Sortino Ratio Rank: 93
HUT Omega Ratio Rank: 91
HUT Calmar Ratio Rank: 98
HUT Martin Ratio Rank: 98

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.

MTPLF vs. HUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Metaplanet Inc (MTPLF) 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.

	MTPLF	HUT	Difference
Sharpe ratio: Return per unit of total volatility	-0.95	3.47	-4.42
Sortino ratio: Return per unit of downside risk	-2.49	3.23	-5.71
Omega ratio: Gain probability vs. loss probability	0.75	1.40	-0.65
Calmar ratio: Return relative to maximum drawdown	-0.98	9.25	-10.23
Martin ratio: Return relative to average drawdown	-1.21	24.02	-25.23

MTPLF vs. HUT - Sharpe Ratio Comparison

The current MTPLF Sharpe Ratio is -0.95, which is lower than the HUT Sharpe Ratio of 3.47. The chart below compares the historical Sharpe Ratios of MTPLF and HUT, 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

MTPLF vs. HUT - Drawdown Comparison

The maximum MTPLF drawdown since its inception was -92.05%, roughly equal to the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for MTPLF and HUT.

Drawdown Indicators

	MTPLF	HUT	Difference
Max Drawdown Largest peak-to-trough decline	-92.05%	-95.04%	+2.99%
Max Drawdown (1Y) Largest decline over 1 year	-88.41%	-38.62%	-49.79%
Max Drawdown (3Y) Largest decline over 3 years	—	-69.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-95.04%	—
Current Drawdown Current decline from peak	-90.78%	-25.45%	-65.33%
Average Drawdown Average peak-to-trough decline	-58.68%	-63.11%	+4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.66%	14.83%	+56.83%

Volatility

MTPLF vs. HUT - Volatility Comparison

Metaplanet Inc (MTPLF) has a higher volatility of 25.90% compared to Hut 8 Corp. (HUT) at 23.78%. This indicates that MTPLF's price experiences larger fluctuations and is considered to be riskier than HUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTPLF	HUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.90%	23.78%	+2.12%
Volatility (6M) Calculated over the trailing 6-month period	63.78%	71.77%	-7.99%
Volatility (1Y) Calculated over the trailing 1-year period	91.25%	103.14%	-11.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	153.30%	105.49%	+47.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	153.30%	114.46%	+38.84%

Dividends

MTPLF vs. HUT - Dividend Comparison

Neither MTPLF nor HUT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MTPLF and HUT in my portfolio?

MTPLF and HUT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MTPLF or HUT?

MTPLF has higher volatility (25.90%) compared to HUT (23.78%). In terms of maximum drawdown, MTPLF dropped -92.05% vs HUT's -95.04%.

Which has better risk-adjusted returns?

HUT currently has the higher Sharpe Ratio (3.47 vs -0.95), 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.