PDS vs. HUT
PDS (Precision Drilling Corporation) and HUT (Hut 8 Corp.) are both stocks. PDS operates in Oil & Gas Drilling (Energy), while HUT operates in Capital Markets (Financial Services). Over the past 5 years, PDS returned 15.50%/yr vs 46.32%/yr for HUT. At a 0.18 correlation, their price movements are largely independent.
Performance
PDS vs. HUT - Performance Comparison
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Returns By Period
In the year-to-date period, PDS achieves a 16.92% return, which is significantly lower than HUT's 163.47% return.
PDS
- 1D
- 0.37%
- 1M
- -13.35%
- YTD
- 16.92%
- 6M
- 23.05%
- 1Y
- 66.28%
- 3Y*
- 22.42%
- 5Y*
- 15.50%
- 10Y*
- -1.92%
HUT
- 1D
- -2.73%
- 1M
- 14.30%
- YTD
- 163.47%
- 6M
- 140.21%
- 1Y
- 624.79%
- 3Y*
- 102.16%
- 5Y*
- 46.32%
- 10Y*
- —
PDS vs. HUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PDS Precision Drilling Corporation | 16.92% | 17.70% | 12.49% | -29.22% | 116.48% | 114.86% | -41.11% | -19.54% | -41.41% |
HUT Hut 8 Corp. | 163.47% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.80% |
Correlation
The correlation between PDS and HUT is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.19 |
Fundamentals
PDS:
$1.09B
HUT:
$13.44B
PDS:
-CA$1.13
HUT:
-$2.73
PDS:
0.95
HUT:
9.74
PDS:
CA$1.87B
HUT:
-$40.96M
PDS:
CA$628.67M
HUT:
-$132.19M
PDS:
CA$485.48M
HUT:
-$306.16M
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Return for Risk
PDS vs. HUT — Risk / Return Rank
PDS
HUT
PDS vs. HUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Precision Drilling Corporation (PDS) 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.
| PDS | HUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.51 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.64 | 16.33 | -12.69 |
| Martin ratioReturn relative to average drawdown | 12.41 | 44.49 | -32.08 |
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Drawdowns
PDS vs. HUT - Drawdown Comparison
The maximum PDS drawdown since its inception was -99.16%, roughly equal to the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for PDS and HUT.
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Drawdown Indicators
| PDS | HUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.16% | -95.04% | -4.12% |
Max Drawdown (1Y)Largest decline over 1 year | -18.31% | -38.62% | +20.31% |
Max Drawdown (3Y)Largest decline over 3 years | -50.50% | -71.68% | +21.18% |
Max Drawdown (5Y)Largest decline over 5 years | -55.51% | -95.04% | +39.53% |
Max Drawdown (10Y)Largest decline over 10 years | -95.33% | — | — |
Current DrawdownCurrent decline from peak | -87.44% | -9.01% | -78.43% |
Average DrawdownAverage peak-to-trough decline | -69.54% | -63.41% | -6.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.47% | 14.15% | -8.68% |
Volatility
PDS vs. HUT - Volatility Comparison
The current volatility for Precision Drilling Corporation (PDS) is 14.19%, while Hut 8 Corp. (HUT) has a volatility of 25.07%. This indicates that PDS 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
| PDS | HUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.19% | 25.07% | -10.88% |
Volatility (6M)Calculated over the trailing 6-month period | 28.23% | 73.58% | -45.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.49% | 102.96% | -66.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.45% | 105.59% | -57.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.06% | 114.63% | -55.57% |
Dividends
PDS vs. HUT - Dividend Comparison
Neither PDS nor HUT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HUT Hut 8 Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDS 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% | 7.11% |
Financials
PDS vs. HUT - Financials Comparison
This section allows you to compare key financial metrics between Precision Drilling Corporation 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
PDS and HUT have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (25.07%) compared to PDS (14.19%). In terms of maximum drawdown, PDS dropped -99.16% vs HUT's -95.04%.
HUT currently has the higher Sharpe Ratio (6.14 vs 1.83), 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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