SNDK vs. HL
SNDK (Sandisk Corporation) and HL (Hecla Mining Company) are both stocks. SNDK operates in Computer Hardware (Technology), while HL operates in Gold (Basic Materials). Over the past year, SNDK returned 4694.43% vs 155.56% for HL. At a 0.22 correlation, their price movements are largely independent.
Performance
SNDK vs. HL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNDK achieves a 734.15% return, which is significantly higher than HL's -20.29% return.
SNDK
- 1D
- 5.24%
- 1M
- 36.82%
- YTD
- 734.15%
- 6M
- 860.37%
- 1Y
- 4,694.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HL
- 1D
- 2.00%
- 1M
- -27.35%
- YTD
- -20.29%
- 6M
- -18.68%
- 1Y
- 155.56%
- 3Y*
- 42.93%
- 5Y*
- 11.61%
- 10Y*
- 13.95%
SNDK vs. HL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SNDK Sandisk Corporation | 734.15% | 356.50% |
HL Hecla Mining Company | -20.29% | 268.44% |
Correlation
The correlation between SNDK and HL is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2025 | 0.22 |
Fundamentals
SNDK:
$310.88B
HL:
$10.32B
SNDK:
$29.70
HL:
$0.84
SNDK:
66.67
HL:
18.18
SNDK:
22.79
HL:
6.47
SNDK:
22.56
HL:
4.02
SNDK:
$13.18B
HL:
$1.57B
SNDK:
$7.39B
HL:
$788.95M
SNDK:
$5.37B
HL:
$864.40M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SNDK vs. HL — Risk / Return Rank
SNDK
HL
SNDK vs. HL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sandisk Corporation (SNDK) and Hecla Mining Company (HL). 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.
| SNDK | HL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +45.78 | ||
| Sortino ratioReturn per unit of downside risk | +5.75 | ||
| Omega ratioGain probability vs. loss probability | 2.16 | 1.32 | +0.84 |
| Calmar ratioReturn relative to maximum drawdown | 152.17 | 2.80 | +149.37 |
| Martin ratioReturn relative to average drawdown | 461.00 | 6.33 | +454.67 |
Loading charts...
Drawdowns
SNDK vs. HL - Drawdown Comparison
The maximum SNDK drawdown since its inception was -47.50%, smaller than the maximum HL drawdown of -97.92%. Use the drawdown chart below to compare losses from any high point for SNDK and HL.
Loading charts...
Drawdown Indicators
| SNDK | HL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.50% | -97.92% | +50.42% |
Max Drawdown (1Y)Largest decline over 1 year | -31.34% | -55.81% | +24.47% |
Max Drawdown (3Y)Largest decline over 3 years | — | -55.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -61.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.45% | — |
Current DrawdownCurrent decline from peak | 0.00% | -51.91% | +51.91% |
Average DrawdownAverage peak-to-trough decline | -13.74% | -69.93% | +56.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.32% | 24.67% | -14.35% |
Volatility
SNDK vs. HL - Volatility Comparison
Sandisk Corporation (SNDK) has a higher volatility of 26.68% compared to Hecla Mining Company (HL) at 22.72%. This indicates that SNDK's price experiences larger fluctuations and is considered to be riskier than HL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNDK | HL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.68% | 22.72% | +3.96% |
Volatility (6M)Calculated over the trailing 6-month period | 71.96% | 54.93% | +17.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.48% | 72.59% | +26.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.64% | 59.35% | +38.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.64% | 62.77% | +34.87% |
Dividends
SNDK vs. HL - Dividend Comparison
SNDK has not paid dividends to shareholders, while HL's dividend yield for the trailing twelve months is around 0.10%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | 0.10% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
SNDK Sandisk Corporation | 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
SNDK vs. HL - Financials Comparison
This section allows you to compare key financial metrics between Sandisk Corporation and Hecla Mining Company. 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
SNDK vs. HL - Profitability Comparison
SNDK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a gross profit of 4.66B and revenue of 5.95B. Therefore, the gross margin over that period was 78.4%.
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported a gross profit of 253.26M and revenue of 411.43M. Therefore, the gross margin over that period was 61.6%.
SNDK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported an operating income of 4.11B and revenue of 5.95B, resulting in an operating margin of 69.1%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported an operating income of 223.11M and revenue of 411.43M, resulting in an operating margin of 54.2%.
SNDK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a net income of 3.62B and revenue of 5.95B, resulting in a net margin of 60.8%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hecla Mining Company reported a net income of 266.45M and revenue of 411.43M, resulting in a net margin of 64.8%.
Frequently Asked Questions
SNDK and HL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNDK has higher volatility (26.68%) compared to HL (22.72%). In terms of maximum drawdown, SNDK dropped -47.50% vs HL's -97.92%.
SNDK currently has the higher Sharpe Ratio (47.94 vs 2.16), 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.
Find the right allocation for SNDK and HL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer