SA vs. HTGC
SA (Seabridge Gold Inc.) and HTGC (Hercules Capital, Inc.) are both stocks. SA operates in Gold (Basic Materials), while HTGC operates in Asset Management (Financial Services). Over the past 10 years, SA returned 7.17%/yr vs 13.54%/yr for HTGC. Their 0.11 correlation means their historical movements had little consistent relationship.
Performance
SA vs. HTGC - Performance Comparison
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Returns By Period
In the year-to-date period, SA achieves a -10.68% return, which is significantly lower than HTGC's -3.06% return. Over the past 10 years, SA has underperformed HTGC with an annualized return of 7.17%, while HTGC has yielded a comparatively higher 13.54% annualized return.
SA
- 1D
- 2.40%
- 1M
- -4.31%
- 6M
- -4.96%
- YTD
- -10.68%
- 1Y
- 72.63%
- 3Y*
- 29.93%
- 5Y*
- 7.97%
- 10Y*
- 7.17%
- ALL TIME*
- 9.57%
HTGC
- 1D
- 2.38%
- 1M
- 7.95%
- 6M
- -0.30%
- YTD
- -3.06%
- 1Y
- 0.25%
- 3Y*
- 10.06%
- 5Y*
- 11.60%
- 10Y*
- 13.54%
- ALL TIME*
- 12.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $25.57M | $24.46M | $24.77M | |
| $11.84M | $12.84M | $23.34M |
SA vs. HTGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SA Seabridge Gold Inc. | -10.68% | 159.33% | -5.94% | -3.58% | -23.71% | -21.74% | 52.46% | 4.46% | 17.08% | 38.65% |
HTGC Hercules Capital, Inc. | -3.06% | 3.54% | 33.33% | 42.91% | -10.42% | 26.50% | 14.49% | 39.86% | -6.86% | 1.86% |
Correlation
The correlation between SA and HTGC is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2005 | 0.11 |
The correlation between SA and HTGC shifts across timeframes, from 0.02 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SA:
$2.84B
HTGC:
$3.15B
SA:
-CA$0.67
HTGC:
$1.29
SA:
3.29
HTGC:
1.48
SA:
CA$0.00
HTGC:
$548.69M
SA:
-CA$90.03K
HTGC:
$474.96M
SA:
-CA$31.30M
HTGC:
$343.23M
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Return for Risk
SA vs. HTGC — Risk / Return Rank
SA
HTGC
SA vs. HTGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Seabridge Gold Inc. (SA) and Hercules Capital, Inc. (HTGC). 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.
| SA | HTGC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.02 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 0.01 | +1.92 |
| Martin ratioReturn relative to average drawdown | 3.81 | 0.02 | +3.79 |
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Drawdowns
SA vs. HTGC - Drawdown Comparison
The maximum SA drawdown since its inception was -90.99%, which is greater than HTGC's maximum drawdown of -68.21%. Use the drawdown chart below to compare losses from any high point for SA and HTGC.
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Drawdown Indicators
| SA | HTGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.99% | -68.21% | -22.78% |
Max Drawdown (1Y)Largest decline over 1 year | -37.92% | -24.74% | -13.18% |
Max Drawdown (3Y)Largest decline over 3 years | -52.51% | -27.97% | -24.54% |
Max Drawdown (5Y)Largest decline over 5 years | -56.12% | -36.11% | -20.01% |
Max Drawdown (10Y)Largest decline over 10 years | -61.10% | -57.54% | -3.56% |
Current DrawdownCurrent decline from peak | -32.83% | -8.34% | -24.49% |
Average DrawdownAverage peak-to-trough decline | -51.17% | -10.89% | -40.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.11% | 11.73% | +7.38% |
Volatility
SA vs. HTGC - Volatility Comparison
Seabridge Gold Inc. (SA) has a higher volatility of 17.16% compared to Hercules Capital, Inc. (HTGC) at 7.12%. This indicates that SA's price experiences larger fluctuations and is considered to be riskier than HTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SA | HTGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 7.12% | +10.04% |
Volatility (6M)Calculated over the trailing 6-month period | 52.50% | 21.04% | +31.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.05% | 24.17% | +43.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.32% | 25.96% | +26.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.68% | 27.93% | +23.75% |
Dividends
SA vs. HTGC - Dividend Comparison
SA has not paid dividends to shareholders, while HTGC's dividend yield for the trailing twelve months is around 13.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTGC Hercules Capital, Inc. | 13.09% | 9.99% | 9.56% | 11.40% | 13.77% | 9.76% | 9.02% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% |
SA Seabridge Gold Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SA vs. HTGC - Financials Comparison
This section allows you to compare key financial metrics between Seabridge Gold Inc. and Hercules Capital, 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
SA and HTGC have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SA has higher volatility (17.16%) compared to HTGC (7.12%). In terms of maximum drawdown, SA dropped -90.99% vs HTGC's -68.21%.
SA currently has the higher Sharpe Ratio (1.08 vs 0.01), 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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