PSIX vs. HUT
PSIX (Power Solutions International, Inc.) and HUT (Hut 8 Corp.) are both stocks. PSIX operates in Specialty Industrial Machinery (Industrials), while HUT operates in Capital Markets (Financial Services). Over the past 5 years, PSIX returned 33.32%/yr vs 36.76%/yr for HUT. At a 0.12 correlation, their price movements are largely independent.
Performance
PSIX vs. HUT - Performance Comparison
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Returns By Period
In the year-to-date period, PSIX achieves a -47.67% return, which is significantly lower than HUT's 119.70% return.
PSIX
- 1D
- -1.16%
- 1M
- -25.82%
- 6M
- -60.66%
- YTD
- -47.67%
- 1Y
- -66.78%
- 3Y*
- 111.73%
- 5Y*
- 33.32%
- 10Y*
- 5.60%
- ALL TIME*
- 4.04%
HUT
- 1D
- 10.37%
- 1M
- -18.89%
- 6M
- 69.20%
- YTD
- 119.70%
- 1Y
- 366.84%
- 3Y*
- 77.17%
- 5Y*
- 36.76%
- 10Y*
- —
- ALL TIME*
- 22.96%
PSIX vs. HUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PSIX Power Solutions International, Inc. | -47.67% | 92.07% | 1,351.22% | -31.67% | 0.00% | -9.09% | -58.23% | -14.59% | 39.10% |
HUT Hut 8 Corp. | 119.70% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.80% |
Correlation
The correlation between PSIX and HUT is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.12 |
Over the past year, PSIX and HUT have become more correlated (0.39) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
PSIX:
$689.21M
HUT:
$11.36B
PSIX:
$4.43
HUT:
-$2.77
PSIX:
3.71
HUT:
8.12
PSIX:
$586.96M
HUT:
-$40.96M
PSIX:
$172.81M
HUT:
-$132.19M
PSIX:
$102.78M
HUT:
-$306.16M
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Return for Risk
PSIX vs. HUT — Risk / Return Rank
PSIX
HUT
PSIX vs. HUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Power Solutions International, Inc. (PSIX) 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.
| PSIX | HUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.23 | ||
| Sortino ratioReturn per unit of downside risk | -4.01 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.40 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 9.57 | -10.48 |
| Martin ratioReturn relative to average drawdown | -1.57 | 24.19 | -25.76 |
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Drawdowns
PSIX vs. HUT - Drawdown Comparison
The maximum PSIX drawdown since its inception was -98.55%, roughly equal to the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for PSIX and HUT.
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Drawdown Indicators
| PSIX | HUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.55% | -95.04% | -3.51% |
Max Drawdown (1Y)Largest decline over 1 year | -74.18% | -38.62% | -35.56% |
Max Drawdown (3Y)Largest decline over 3 years | -74.18% | -65.12% | -9.06% |
Max Drawdown (5Y)Largest decline over 5 years | -84.37% | -95.04% | +10.67% |
Max Drawdown (10Y)Largest decline over 10 years | -92.96% | — | — |
Current DrawdownCurrent decline from peak | -74.18% | -24.12% | -50.06% |
Average DrawdownAverage peak-to-trough decline | -68.21% | -63.02% | -5.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.58% | 15.25% | +27.33% |
Volatility
PSIX vs. HUT - Volatility Comparison
The current volatility for Power Solutions International, Inc. (PSIX) is 15.50%, while Hut 8 Corp. (HUT) has a volatility of 26.62%. This indicates that PSIX 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
| PSIX | HUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.50% | 26.62% | -11.12% |
Volatility (6M)Calculated over the trailing 6-month period | 87.79% | 73.18% | +14.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.32% | 104.20% | -4.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.73% | 105.60% | +7.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 105.90% | 114.45% | -8.55% |
Dividends
PSIX vs. HUT - Dividend Comparison
Neither PSIX nor HUT has paid dividends to shareholders.
Financials
PSIX vs. HUT - Financials Comparison
This section allows you to compare key financial metrics between Power Solutions International, 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
PSIX and HUT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (26.62%) compared to PSIX (15.50%). In terms of maximum drawdown, PSIX dropped -98.55% vs HUT's -95.04%.
HUT currently has the higher Sharpe Ratio (3.56 vs -0.68), 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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