PD.TO vs. HBM.TO
PD.TO (Precision Drilling Corporation) and HBM.TO (Hudbay Minerals Inc.) are both stocks. PD.TO operates in Oil & Gas Drilling (Energy), while HBM.TO operates in Copper (Basic Materials). Over the past 10 years, PD.TO returned 0.04%/yr vs 22.26%/yr for HBM.TO. At a 0.28 correlation, their price movements are largely independent.
Performance
PD.TO vs. HBM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PD.TO achieves a 39.44% return, which is significantly lower than HBM.TO's 53.85% return. Over the past 10 years, PD.TO has underperformed HBM.TO with an annualized return of 0.04%, while HBM.TO has yielded a comparatively higher 22.26% annualized return.
PD.TO
- 1D
- 3.94%
- 1M
- 9.78%
- YTD
- 39.44%
- 6M
- 45.71%
- 1Y
- 117.09%
- 3Y*
- 31.26%
- 5Y*
- 23.74%
- 10Y*
- 0.04%
HBM.TO
- 1D
- -0.59%
- 1M
- 27.85%
- YTD
- 53.85%
- 6M
- 73.38%
- 1Y
- 220.71%
- 3Y*
- 88.82%
- 5Y*
- 35.63%
- 10Y*
- 22.26%
PD.TO vs. HBM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PD.TO Precision Drilling Corporation | 39.44% | 12.02% | 22.18% | -30.61% | 132.07% | 113.52% | -42.18% | -23.63% | -37.80% | -47.95% |
HBM.TO Hudbay Minerals Inc. | 53.85% | 134.08% | 60.29% | 6.88% | -25.13% | 3.05% | 66.44% | -16.44% | -41.80% | 45.20% |
Correlation
The correlation between PD.TO and HBM.TO is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 1996 | 0.28 |
The correlation between PD.TO and HBM.TO shifts across timeframes, from -0.04 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PD.TO:
CA$1.78B
HBM.TO:
CA$16.71B
PD.TO:
-CA$1.13
HBM.TO:
CA$1.65
PD.TO:
0.99
HBM.TO:
7.07
PD.TO:
1.10
HBM.TO:
4.73
PD.TO:
CA$1.87B
HBM.TO:
CA$2.36B
PD.TO:
CA$628.52M
HBM.TO:
CA$851.84M
PD.TO:
CA$485.26M
HBM.TO:
CA$1.50B
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Return for Risk
PD.TO vs. HBM.TO — Risk / Return Rank
PD.TO
HBM.TO
PD.TO vs. HBM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Precision Drilling Corporation (PD.TO) and Hudbay Minerals Inc. (HBM.TO). 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.
| PD.TO | HBM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.52 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 5.97 | 6.36 | -0.40 |
| Martin ratioReturn relative to average drawdown | 23.01 | 21.20 | +1.81 |
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
| PD.TO | HBM.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.28 | 4.21 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.69 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | 0.40 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.00 | +0.05 |
Drawdowns
PD.TO vs. HBM.TO - Drawdown Comparison
The maximum PD.TO drawdown since its inception was -99.36%, which is greater than HBM.TO's maximum drawdown of -92.86%. Use the drawdown chart below to compare losses from any high point for PD.TO and HBM.TO.
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Drawdown Indicators
| PD.TO | HBM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -92.86% | -6.50% |
Max Drawdown (1Y)Largest decline over 1 year | -19.54% | -35.94% | +16.40% |
Max Drawdown (3Y)Largest decline over 3 years | -49.00% | -38.61% | -10.39% |
Max Drawdown (5Y)Largest decline over 5 years | -52.69% | -62.23% | +9.54% |
Max Drawdown (10Y)Largest decline over 10 years | -94.78% | -84.01% | -10.77% |
Current DrawdownCurrent decline from peak | -89.31% | -4.90% | -84.41% |
Average DrawdownAverage peak-to-trough decline | -65.62% | -61.91% | -3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 10.77% | -5.71% |
Volatility
PD.TO vs. HBM.TO - Volatility Comparison
The current volatility for Precision Drilling Corporation (PD.TO) is 13.04%, while Hudbay Minerals Inc. (HBM.TO) has a volatility of 19.43%. This indicates that PD.TO experiences smaller price fluctuations and is considered to be less risky than HBM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PD.TO | HBM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 19.43% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 27.31% | 42.60% | -15.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.55% | 54.34% | -18.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.51% | 51.64% | -5.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.48% | 55.44% | +2.04% |
Dividends
PD.TO vs. HBM.TO - Dividend Comparison
PD.TO has not paid dividends to shareholders, while HBM.TO'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.TO Hudbay Minerals Inc. | 0.05% | 0.07% | 0.17% | 0.27% | 0.29% | 0.22% | 0.22% | 0.37% | 0.31% | 0.18% | 0.26% | 0.38% |
PD.TO Precision Drilling Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.12% |
Financials
PD.TO vs. HBM.TO - Financials Comparison
This section allows you to compare key financial metrics between Precision Drilling 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
PD.TO vs. HBM.TO - Profitability Comparison
PD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Precision Drilling Corporation reported a gross profit of 81.36M and revenue of 526.05M. Therefore, the gross margin over that period was 15.5%.
HBM.TO - 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 339.94M and revenue of 743.51M. Therefore, the gross margin over that period was 45.7%.
PD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Precision Drilling Corporation reported an operating income of 39.62M and revenue of 526.05M, resulting in an operating margin of 7.5%.
HBM.TO - 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 296.85M and revenue of 743.51M, resulting in an operating margin of 39.9%.
PD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Precision Drilling Corporation reported a net income of 17.38M and revenue of 526.05M, resulting in a net margin of 3.3%.
HBM.TO - 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 187.28M and revenue of 743.51M, resulting in a net margin of 25.2%.
Frequently Asked Questions
PD.TO and HBM.TO have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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