NVT vs. HUT
NVT (nVent Electric plc) and HUT (Hut 8 Corp.) are both stocks. NVT operates in Electrical Equipment & Parts (Industrials), while HUT operates in Capital Markets (Financial Services). Over the past 5 years, NVT returned 40.84%/yr vs 46.15%/yr for HUT. At a 0.27 correlation, their price movements are largely independent.
Performance
NVT vs. HUT - Performance Comparison
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Returns By Period
In the year-to-date period, NVT achieves a 60.31% return, which is significantly lower than HUT's 167.78% return.
NVT
- 1D
- -5.23%
- 1M
- -2.44%
- YTD
- 60.31%
- 6M
- 56.91%
- 1Y
- 123.88%
- 3Y*
- 49.08%
- 5Y*
- 40.84%
- 10Y*
- —
HUT
- 1D
- 4.54%
- 1M
- -1.45%
- YTD
- 167.78%
- 6M
- 147.82%
- 1Y
- 596.60%
- 3Y*
- 102.57%
- 5Y*
- 46.15%
- 10Y*
- —
NVT vs. HUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NVT nVent Electric plc | 60.31% | 51.27% | 16.63% | 55.98% | 3.32% | 67.15% | -5.68% | 17.24% | 7.52% |
HUT Hut 8 Corp. | 167.78% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -68.74% |
Correlation
The correlation between NVT and HUT is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since May 1, 2018 | 0.27 |
The correlation between NVT and HUT shifts across timeframes, from 0.27 (all time) to 0.46 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NVT:
$26.72B
HUT:
$13.66B
NVT:
$3.00
HUT:
-$2.73
NVT:
7.04
HUT:
9.90
NVT:
$4.33B
HUT:
-$40.96M
NVT:
$1.60B
HUT:
-$132.19M
NVT:
$857.60M
HUT:
-$306.16M
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Return for Risk
NVT vs. HUT — Risk / Return Rank
NVT
HUT
NVT vs. HUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for nVent Electric plc (NVT) 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.
| NVT | HUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.49 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 7.40 | 14.59 | -7.19 |
| Martin ratioReturn relative to average drawdown | 24.44 | 39.60 | -15.16 |
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Drawdowns
NVT vs. HUT - Drawdown Comparison
The maximum NVT drawdown since its inception was -56.18%, smaller than the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for NVT and HUT.
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Drawdown Indicators
| NVT | HUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.18% | -95.04% | +38.86% |
Max Drawdown (1Y)Largest decline over 1 year | -16.93% | -38.62% | +21.69% |
Max Drawdown (3Y)Largest decline over 3 years | -46.67% | -71.68% | +25.01% |
Max Drawdown (5Y)Largest decline over 5 years | -46.67% | -95.04% | +48.37% |
Current DrawdownCurrent decline from peak | -11.62% | -7.52% | -4.10% |
Average DrawdownAverage peak-to-trough decline | -11.79% | -63.31% | +51.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.12% | 14.21% | -9.09% |
Volatility
NVT vs. HUT - Volatility Comparison
The current volatility for nVent Electric plc (NVT) is 16.50%, while Hut 8 Corp. (HUT) has a volatility of 23.49%. This indicates that NVT 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
| NVT | HUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.50% | 23.49% | -6.99% |
Volatility (6M)Calculated over the trailing 6-month period | 32.89% | 71.40% | -38.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.70% | 102.49% | -59.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.41% | 105.53% | -69.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.64% | 114.53% | -75.89% |
Dividends
NVT vs. HUT - Dividend Comparison
NVT's dividend yield for the trailing twelve months is around 0.50%, while HUT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HUT Hut 8 Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVT nVent Electric plc | 0.50% | 0.78% | 1.12% | 1.18% | 1.82% | 1.84% | 3.01% | 2.74% | 1.56% |
Financials
NVT vs. HUT - Financials Comparison
This section allows you to compare key financial metrics between nVent Electric plc 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
NVT and HUT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (23.49%) compared to NVT (16.50%). In terms of maximum drawdown, NVT dropped -56.18% vs HUT's -95.04%.
HUT currently has the higher Sharpe Ratio (5.51 vs 2.94), 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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