SKE vs. ONDS
SKE (Skeena Resources Ltd) and ONDS (Ondas Holdings Inc.) are both stocks. SKE operates in Other Industrial Metals & Mining (Basic Materials), while ONDS operates in Communication Equipment (Technology). Over the past 5 years, SKE returned 16.41%/yr vs 2.67%/yr for ONDS. At a 0.10 correlation, their price movements are largely independent.
Performance
SKE vs. ONDS - Performance Comparison
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Returns By Period
In the year-to-date period, SKE achieves a 18.46% return, which is significantly higher than ONDS's -4.41% return.
SKE
- 1D
- 7.87%
- 1M
- -9.29%
- YTD
- 18.46%
- 6M
- 15.02%
- 1Y
- 91.35%
- 3Y*
- 77.46%
- 5Y*
- 16.41%
- 10Y*
- —
ONDS
- 1D
- -5.09%
- 1M
- -12.15%
- YTD
- -4.41%
- 6M
- 6.63%
- 1Y
- 412.64%
- 3Y*
- 104.56%
- 5Y*
- 2.67%
- 10Y*
- —
SKE vs. ONDS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SKE Skeena Resources Ltd | 18.46% | 172.13% | 78.69% | -8.27% | -48.99% | -4.14% | 428.16% | 134.09% | -36.85% |
ONDS Ondas Holdings Inc. | -4.41% | 281.25% | 67.32% | -3.77% | -76.30% | -28.08% | -48.17% | 0.00% | 33.33% |
Correlation
The correlation between SKE and ONDS is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.10 |
Fundamentals
SKE:
-CA$2.12
ONDS:
$1.54
SKE:
CA$0.00
ONDS:
$96.60M
SKE:
-CA$1.29M
ONDS:
$43.33M
SKE:
-CA$109.58M
ONDS:
-$75.39M
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Return for Risk
SKE vs. ONDS — Risk / Return Rank
SKE
ONDS
SKE vs. ONDS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Skeena Resources Ltd (SKE) and Ondas Holdings Inc. (ONDS). 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.
| SKE | ONDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.39 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 8.42 | -5.66 |
| Martin ratioReturn relative to average drawdown | 7.15 | 18.67 | -11.53 |
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Drawdowns
SKE vs. ONDS - Drawdown Comparison
The maximum SKE drawdown since its inception was -75.69%, smaller than the maximum ONDS drawdown of -98.28%. Use the drawdown chart below to compare losses from any high point for SKE and ONDS.
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Drawdown Indicators
| SKE | ONDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.69% | -98.28% | +22.59% |
Max Drawdown (1Y)Largest decline over 1 year | -34.71% | -53.37% | +18.66% |
Max Drawdown (3Y)Largest decline over 3 years | -38.40% | -83.28% | +44.88% |
Max Drawdown (5Y)Largest decline over 5 years | -75.69% | -96.99% | +21.30% |
Current DrawdownCurrent decline from peak | -26.26% | -52.15% | +25.89% |
Average DrawdownAverage peak-to-trough decline | -34.38% | -71.41% | +37.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.37% | 24.01% | -10.64% |
Volatility
SKE vs. ONDS - Volatility Comparison
The current volatility for Skeena Resources Ltd (SKE) is 22.02%, while Ondas Holdings Inc. (ONDS) has a volatility of 44.08%. This indicates that SKE experiences smaller price fluctuations and is considered to be less risky than ONDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKE | ONDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.02% | 44.08% | -22.06% |
Volatility (6M)Calculated over the trailing 6-month period | 45.45% | 78.27% | -32.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.38% | 127.45% | -68.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.32% | 113.81% | -55.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 386.82% | 120.73% | +266.09% |
Dividends
SKE vs. ONDS - Dividend Comparison
Neither SKE nor ONDS has paid dividends to shareholders.
Financials
SKE vs. ONDS - Financials Comparison
This section allows you to compare key financial metrics between Skeena Resources Ltd and Ondas Holdings 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
SKE and ONDS have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ONDS has higher volatility (44.08%) compared to SKE (22.02%). In terms of maximum drawdown, SKE dropped -75.69% vs ONDS's -98.28%.
ONDS currently has the higher Sharpe Ratio (3.55 vs 1.61), 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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