RIOT vs. HBM
RIOT (Riot Platforms, Inc.) and HBM (Hudbay Minerals Inc.) are both stocks. RIOT operates in Software - Application (Technology), while HBM operates in Copper (Basic Materials). Over the past 10 years, RIOT returned 24.63%/yr vs 19.31%/yr for HBM. At a 0.21 correlation, their price movements are largely independent.
Performance
RIOT vs. HBM - Performance Comparison
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Returns By Period
In the year-to-date period, RIOT achieves a 110.02% return, which is significantly higher than HBM's 40.23% return. Over the past 10 years, RIOT has outperformed HBM with an annualized return of 24.63%, while HBM has yielded a comparatively lower 19.31% annualized return.
RIOT
- 1D
- 1.80%
- 1M
- 6.78%
- YTD
- 110.02%
- 6M
- 73.92%
- 1Y
- 160.63%
- 3Y*
- 37.39%
- 5Y*
- -3.03%
- 10Y*
- 24.63%
HBM
- 1D
- 4.43%
- 1M
- 0.32%
- YTD
- 40.23%
- 6M
- 49.02%
- 1Y
- 189.83%
- 3Y*
- 78.89%
- 5Y*
- 31.42%
- 10Y*
- 19.31%
RIOT vs. HBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RIOT Riot Platforms, Inc. | 110.02% | 24.09% | -34.00% | 356.34% | -84.82% | 31.43% | 1,416.96% | -25.83% | -94.68% | 729.34% |
HBM Hudbay Minerals Inc. | 40.23% | 145.46% | 47.03% | 9.24% | -29.87% | 3.82% | 69.50% | -11.77% | -46.20% | 54.77% |
Correlation
The correlation between RIOT and HBM is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2009 | 0.21 |
The correlation between RIOT and HBM shifts across timeframes, from 0.21 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
RIOT:
$9.25B
HBM:
$11.09B
RIOT:
-$2.35
HBM:
$1.65
RIOT:
15.01
HBM:
4.68
RIOT:
3.86
HBM:
3.13
RIOT:
$653.27M
HBM:
$2.37B
RIOT:
$179.76M
HBM:
$828.54M
RIOT:
-$482.33M
HBM:
$1.54B
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Return for Risk
RIOT vs. HBM — Risk / Return Rank
RIOT
HBM
RIOT vs. HBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Riot Platforms, Inc. (RIOT) and Hudbay Minerals Inc. (HBM). 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.
| RIOT | HBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.44 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 5.28 | -1.96 |
| Martin ratioReturn relative to average drawdown | 6.58 | 16.41 | -9.83 |
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Drawdowns
RIOT vs. HBM - Drawdown Comparison
The maximum RIOT drawdown since its inception was -99.98%, which is greater than HBM's maximum drawdown of -92.21%. Use the drawdown chart below to compare losses from any high point for RIOT and HBM.
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Drawdown Indicators
| RIOT | HBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -92.21% | -7.77% |
Max Drawdown (1Y)Largest decline over 1 year | -48.57% | -36.16% | -12.41% |
Max Drawdown (3Y)Largest decline over 3 years | -69.00% | -41.11% | -27.89% |
Max Drawdown (5Y)Largest decline over 5 years | -92.55% | -63.33% | -29.22% |
Max Drawdown (10Y)Largest decline over 10 years | -98.32% | -86.34% | -11.98% |
Current DrawdownCurrent decline from peak | -99.17% | -12.68% | -86.49% |
Average DrawdownAverage peak-to-trough decline | -87.83% | -52.45% | -35.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.51% | 11.62% | +12.89% |
Volatility
RIOT vs. HBM - Volatility Comparison
The current volatility for Riot Platforms, Inc. (RIOT) is 20.07%, while Hudbay Minerals Inc. (HBM) has a volatility of 25.87%. This indicates that RIOT experiences smaller price fluctuations and is considered to be less risky than HBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIOT | HBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.07% | 25.87% | -5.80% |
Volatility (6M)Calculated over the trailing 6-month period | 62.16% | 47.72% | +14.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.24% | 59.13% | +25.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.82% | 55.51% | +38.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.15% | 58.82% | +53.33% |
Dividends
RIOT vs. HBM - Dividend Comparison
RIOT has not paid dividends to shareholders, while HBM's dividend yield for the trailing twelve months is around 0.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBM Hudbay Minerals Inc. | 0.08% | 0.07% | 0.17% | 0.31% | 0.32% | 0.22% | 0.21% | 0.36% | 0.38% | 0.23% | 0.35% | 0.52% |
RIOT Riot Platforms, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.52% | 0.00% | 0.00% |
Financials
RIOT vs. HBM - Financials Comparison
This section allows you to compare key financial metrics between Riot Platforms, Inc. 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
Frequently Asked Questions
RIOT and HBM have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBM has higher volatility (25.87%) compared to RIOT (20.07%). In terms of maximum drawdown, RIOT dropped -99.98% vs HBM's -92.21%.
HBM currently has the higher Sharpe Ratio (3.23 vs 1.92), 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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