SVM vs. HBM
SVM (Silvercorp Metals Inc.) and HBM (Hudbay Minerals Inc.) are both stocks. Both are in the Basic Materials sector — SVM in Silver, HBM in Copper. Over the past 10 years, SVM returned 19.41%/yr vs 19.31%/yr for HBM. At a 0.41 correlation, their price movements are largely independent.
Performance
SVM vs. HBM - Performance Comparison
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Returns By Period
In the year-to-date period, SVM achieves a 35.63% return, which is significantly lower than HBM's 40.23% return. Both investments have delivered pretty close results over the past 10 years, with SVM having a 19.41% annualized return and HBM not far behind at 19.31%.
SVM
- 1D
- 7.52%
- 1M
- -28.00%
- YTD
- 35.63%
- 6M
- 39.13%
- 1Y
- 166.61%
- 3Y*
- 57.23%
- 5Y*
- 13.01%
- 10Y*
- 19.41%
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%
SVM vs. HBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SVM Silvercorp Metals Inc. | 35.63% | 179.29% | 14.88% | -10.33% | -20.60% | -43.52% | 18.54% | 172.27% | -18.96% | 12.52% |
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 SVM and HBM is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2009 | 0.41 |
Over the past year, SVM and HBM have become more correlated (0.69) than their long-term average of 0.41, meaning their price movements have been converging.
Fundamentals
SVM:
$2.50B
HBM:
$11.09B
SVM:
-$0.05
HBM:
$1.65
SVM:
5.67
HBM:
4.68
SVM:
2.65
HBM:
3.13
SVM:
$437.11M
HBM:
$2.37B
SVM:
$254.02M
HBM:
$828.54M
SVM:
$185.32M
HBM:
$1.54B
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Return for Risk
SVM vs. HBM — Risk / Return Rank
SVM
HBM
SVM vs. HBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Silvercorp Metals Inc. (SVM) 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.
| SVM | HBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.44 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.30 | 5.28 | -0.99 |
| Martin ratioReturn relative to average drawdown | 12.58 | 16.41 | -3.83 |
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Drawdowns
SVM vs. HBM - Drawdown Comparison
The maximum SVM drawdown since its inception was -98.00%, which is greater than HBM's maximum drawdown of -92.21%. Use the drawdown chart below to compare losses from any high point for SVM and HBM.
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Drawdown Indicators
| SVM | HBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.00% | -92.21% | -5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -39.02% | -36.16% | -2.86% |
Max Drawdown (3Y)Largest decline over 3 years | -42.86% | -41.11% | -1.75% |
Max Drawdown (5Y)Largest decline over 5 years | -67.44% | -63.33% | -4.11% |
Max Drawdown (10Y)Largest decline over 10 years | -76.19% | -86.34% | +10.15% |
Current DrawdownCurrent decline from peak | -42.85% | -12.68% | -30.17% |
Average DrawdownAverage peak-to-trough decline | -71.64% | -52.45% | -19.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.30% | 11.62% | +1.68% |
Volatility
SVM vs. HBM - Volatility Comparison
Silvercorp Metals Inc. (SVM) and Hudbay Minerals Inc. (HBM) have volatilities of 26.97% and 25.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SVM | HBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.97% | 25.87% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 56.61% | 47.72% | +8.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.31% | 59.13% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.63% | 55.51% | +0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.77% | 58.82% | +2.95% |
Dividends
SVM vs. HBM - Dividend Comparison
SVM's dividend yield for the trailing twelve months is around 0.22%, more than HBM's 0.08% yield.
| 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% |
SVM Silvercorp Metals Inc. | 0.22% | 0.30% | 0.83% | 0.95% | 0.84% | 0.66% | 0.37% | 0.44% | 1.19% | 0.76% | 0.43% | 2.13% |
Financials
SVM vs. HBM - Financials Comparison
This section allows you to compare key financial metrics between Silvercorp Metals 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
SVM vs. HBM - Profitability Comparison
SVM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported a gross profit of 99.96M and revenue of 145.32M. Therefore, the gross margin over that period was 68.8%.
HBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a gross profit of 340.81M and revenue of 745.43M. Therefore, the gross margin over that period was 45.7%.
SVM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported an operating income of 93.44M and revenue of 145.32M, resulting in an operating margin of 64.3%.
HBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported an operating income of 297.62M and revenue of 745.43M, resulting in an operating margin of 39.9%.
SVM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported a net income of -606.31K and revenue of 145.32M, resulting in a net margin of -0.4%.
HBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a net income of 187.76M and revenue of 745.43M, resulting in a net margin of 25.2%.
Frequently Asked Questions
SVM and HBM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SVM has higher volatility (26.97%) compared to HBM (25.87%). In terms of maximum drawdown, SVM dropped -98.00% vs HBM's -92.21%.
HBM currently has the higher Sharpe Ratio (3.23 vs 2.42), 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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