RIG vs. HCC

Last updated Jun 23, 2026

RIG (Transocean Ltd.) and HCC (Warrior Met Coal, Inc.) are both stocks. RIG operates in Oil & Gas Drilling (Energy), while HCC operates in Coking Coal (Basic Materials). Over the past 5 years, RIG returned 4.65%/yr vs 41.03%/yr for HCC. At a 0.37 correlation, their price movements are largely independent.

Performance

RIG vs. HCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transocean Ltd. (RIG) and Warrior Met Coal, Inc. (HCC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RIG achieves a 30.99% return, which is significantly higher than HCC's -0.06% return.

RIG

• 1D: 1.88%
• 1M: -20.56%
• YTD: 30.99%
• 6M: 34.91%
• 1Y: 85.91%
• 3Y*: -3.34%
• 5Y*: 4.65%
• 10Y*: -7.08%

HCC

• 1D: -2.89%
• 1M: 4.80%
• YTD: -0.06%
• 6M: 1.15%
• 1Y: 104.55%
• 3Y*: 34.93%
• 5Y*: 41.03%
• 10Y*: —

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

RIG vs. HCC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RIG Transocean Ltd.	30.99%	10.13%	-40.94%	39.25%	65.22%	19.48%	-66.42%	-0.86%	-35.02%	-11.52%
HCC Warrior Met Coal, Inc.	-0.06%	63.49%	-9.79%	81.59%	41.03%	21.82%	2.30%	1.98%	23.20%	131.47%

Correlation

The correlation between RIG and HCC is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Apr 13, 2017	0.37

The correlation between RIG and HCC shifts across timeframes, from 0.22 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap RIG : $6.08B HCC : $4.64B
EPS RIG : -$2.85 HCC : $2.61
PS Ratio RIG : 1.72 HCC : 3.16
PB Ratio RIG : 0.74 HCC : 2.11
Total Revenue (TTM) RIG : $3.06B HCC : $1.47B
Gross Profit (TTM) RIG : $1.97B HCC : $887.07M
EBITDA (TTM) RIG : -$2.10B HCC : $296.72M

Return for Risk

RIG vs. HCC — Risk / Return Rank

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

RIG

RIG Risk / Return Rank: 82
RIG Sharpe Ratio Rank: 83
RIG Sortino Ratio Rank: 79
RIG Omega Ratio Rank: 78
RIG Calmar Ratio Rank: 83
RIG Martin Ratio Rank: 88

HCC

HCC Risk / Return Rank: 87
HCC Sharpe Ratio Rank: 87
HCC Sortino Ratio Rank: 87
HCC Omega Ratio Rank: 84
HCC Calmar Ratio Rank: 90
HCC Martin Ratio Rank: 89

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.

RIG vs. HCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transocean Ltd. (RIG) and Warrior Met Coal, Inc. (HCC). 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.

	RIG	HCC	Difference
Sharpe ratio: Return per unit of total volatility	1.58	1.85	-0.26
Sortino ratio: Return per unit of downside risk	2.17	2.76	-0.60
Omega ratio: Gain probability vs. loss probability	1.27	1.33	-0.06
Calmar ratio: Return relative to maximum drawdown	2.88	4.31	-1.42
Martin ratio: Return relative to average drawdown	10.41	10.53	-0.12

RIG vs. HCC - Sharpe Ratio Comparison

The current RIG Sharpe Ratio is 1.58, which is comparable to the HCC Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of RIG and HCC, 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

RIG vs. HCC - Drawdown Comparison

The maximum RIG drawdown since its inception was -99.47%, which is greater than HCC's maximum drawdown of -64.81%. Use the drawdown chart below to compare losses from any high point for RIG and HCC.

Drawdown Indicators

	RIG	HCC	Difference
Max Drawdown Largest peak-to-trough decline	-99.47%	-64.81%	-34.66%
Max Drawdown (1Y) Largest decline over 1 year	-29.95%	-24.41%	-5.54%
Max Drawdown (3Y) Largest decline over 3 years	-75.80%	-45.53%	-30.27%
Max Drawdown (5Y) Largest decline over 5 years	-75.80%	-45.53%	-30.27%
Max Drawdown (10Y) Largest decline over 10 years	-95.77%	—	—
Current Drawdown Current decline from peak	-95.74%	-20.24%	-75.50%
Average Drawdown Average peak-to-trough decline	-57.18%	-18.09%	-39.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.39%	9.97%	-1.58%

Volatility

RIG vs. HCC - Volatility Comparison

The current volatility for Transocean Ltd. (RIG) is 14.02%, while Warrior Met Coal, Inc. (HCC) has a volatility of 24.55%. This indicates that RIG experiences smaller price fluctuations and is considered to be less risky than HCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIG	HCC	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.02%	24.55%	-10.53%
Volatility (6M) Calculated over the trailing 6-month period	38.29%	36.78%	+1.51%
Volatility (1Y) Calculated over the trailing 1-year period	54.64%	57.00%	-2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.55%	49.72%	+12.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.56%	52.52%	+22.04%

Dividends

RIG vs. HCC - Dividend Comparison

RIG has not paid dividends to shareholders, while HCC's dividend yield for the trailing twelve months is around 0.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HCC Warrior Met Coal, Inc.	0.36%	0.36%	1.51%	1.90%	4.45%	0.78%	0.94%	21.85%	27.91%	45.17%	0.00%	0.00%
RIG Transocean Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.48%

Financials

Frequently Asked Questions

Can I hold both RIG and HCC in my portfolio?

RIG and HCC have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RIG or HCC?

HCC has higher volatility (24.55%) compared to RIG (14.02%). In terms of maximum drawdown, RIG dropped -99.47% vs HCC's -64.81%.

Which has better risk-adjusted returns?

HCC currently has the higher Sharpe Ratio (1.85 vs 1.58), 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.