TECK-B.TO vs. HBM.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Teck Resources Limited (TECK-B.TO) and Hudbay Minerals Inc. (HBM.TO).

Performance

TECK-B.TO vs. HBM.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Teck Resources Limited (TECK-B.TO) and Hudbay Minerals Inc. (HBM.TO). The values are adjusted to include any dividend payments, if applicable.

TECK-B.TO vs. HBM.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TECK-B.TO Teck Resources Limited	12.68%	13.74%	5.72%	11.61%	43.23%	58.74%	3.94%	-22.78%	-9.77%	24.91%
HBM.TO Hudbay Minerals Inc.	12.15%	134.08%	60.29%	6.88%	-25.13%	3.05%	66.44%	-16.44%	-41.80%	45.20%

Fundamentals

Market Cap TECK-B.TO : CA$36.21B HBM.TO : CA$12.22B
EPS TECK-B.TO : CA$2.85 HBM.TO : CA$1.43
PE Ratio TECK-B.TO : 25.96 HBM.TO : 21.29
PEG Ratio TECK-B.TO : 0.62 HBM.TO : 0.15
PS Ratio TECK-B.TO : 3.38 HBM.TO : 5.48
PB Ratio TECK-B.TO : 1.44 HBM.TO : 3.79
Total Revenue (TTM) TECK-B.TO : CA$10.76B HBM.TO : CA$2.22B
Gross Profit (TTM) TECK-B.TO : CA$2.58B HBM.TO : CA$639.91M
EBITDA (TTM) TECK-B.TO : CA$3.90B HBM.TO : CA$1.41B

Returns By Period

The year-to-date returns for both stocks are quite close, with TECK-B.TO having a 12.68% return and HBM.TO slightly lower at 12.15%. Over the past 10 years, TECK-B.TO has outperformed HBM.TO with an annualized return of 23.59%, while HBM.TO has yielded a comparatively lower 20.96% annualized return.

TECK-B.TO

• 1D: 2.51%
• 1M: -5.31%
• YTD: 12.68%
• 6M: 20.63%
• 1Y: 41.81%
• 3Y*: 15.68%
• 5Y*: 26.43%
• 10Y*: 23.59%

HBM.TO

• 1D: 4.87%
• 1M: -16.41%
• YTD: 12.15%
• 6M: 42.60%
• 1Y: 177.73%
• 3Y*: 63.03%
• 5Y*: 27.66%
• 10Y*: 20.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TECK-B.TO vs. HBM.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TECK-B.TO

TECK-B.TO Risk / Return Rank: 69
TECK-B.TO Sharpe Ratio Rank: 70
TECK-B.TO Sortino Ratio Rank: 66
TECK-B.TO Omega Ratio Rank: 63
TECK-B.TO Calmar Ratio Rank: 72
TECK-B.TO Martin Ratio Rank: 72

HBM.TO

HBM.TO Risk / Return Rank: 95
HBM.TO Sharpe Ratio Rank: 97
HBM.TO Sortino Ratio Rank: 94
HBM.TO Omega Ratio Rank: 93
HBM.TO Calmar Ratio Rank: 93
HBM.TO Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TECK-B.TO vs. HBM.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teck Resources Limited (TECK-B.TO) and Hudbay Minerals Inc. (HBM.TO). 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.

	TECK-B.TO	HBM.TO	Difference
Sharpe ratio Return per unit of total volatility	0.88	3.28	-2.40
Sortino ratio Return per unit of downside risk	1.47	3.37	-1.90
Omega ratio Gain probability vs. loss probability	1.18	1.46	-0.28
Calmar ratio Return relative to maximum drawdown	1.64	5.02	-3.37
Martin ratio Return relative to average drawdown	4.05	18.24	-14.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECK-B.TO vs. HBM.TO - Sharpe Ratio Comparison

The current TECK-B.TO Sharpe Ratio is 0.88, which is lower than the HBM.TO Sharpe Ratio of 3.28. The chart below compares the historical Sharpe Ratios of TECK-B.TO and HBM.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TECK-B.TO	HBM.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	3.28	-2.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.54	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.38	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.00	-0.03

Correlation

The correlation between TECK-B.TO and HBM.TO is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TECK-B.TO vs. HBM.TO - Dividend Comparison

TECK-B.TO's dividend yield for the trailing twelve months is around 0.68%, more than HBM.TO's 0.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TECK-B.TO Teck Resources Limited	0.68%	0.76%	1.72%	1.79%	1.95%	0.55%	0.87%	0.89%	0.98%	1.83%	0.37%	3.75%
HBM.TO Hudbay Minerals Inc.	0.07%	0.07%	0.17%	0.27%	0.29%	0.22%	0.22%	0.37%	0.31%	0.18%	0.26%	0.38%

Drawdowns

TECK-B.TO vs. HBM.TO - Drawdown Comparison

The maximum TECK-B.TO drawdown since its inception was -98.12%, which is greater than HBM.TO's maximum drawdown of -92.86%. Use the drawdown chart below to compare losses from any high point for TECK-B.TO and HBM.TO.

Drawdown Indicators

	TECK-B.TO	HBM.TO	Difference
Max Drawdown Largest peak-to-trough decline	-98.12%	-92.86%	-5.26%
Max Drawdown (1Y) Largest decline over 1 year	-25.67%	-35.94%	+10.27%
Max Drawdown (5Y) Largest decline over 5 years	-42.51%	-62.48%	+19.97%
Max Drawdown (10Y) Largest decline over 10 years	-76.97%	-84.01%	+7.04%
Current Drawdown Current decline from peak	-45.74%	-20.93%	-24.81%
Average Drawdown Average peak-to-trough decline	-75.70%	-62.57%	-13.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.43%	9.88%	+0.55%

Volatility

TECK-B.TO vs. HBM.TO - Volatility Comparison

The current volatility for Teck Resources Limited (TECK-B.TO) is 15.73%, while Hudbay Minerals Inc. (HBM.TO) has a volatility of 20.87%. This indicates that TECK-B.TO experiences smaller price fluctuations and is considered to be less risky than HBM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECK-B.TO	HBM.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.73%	20.87%	-5.14%
Volatility (6M) Calculated over the trailing 6-month period	31.08%	40.63%	-9.55%
Volatility (1Y) Calculated over the trailing 1-year period	47.98%	54.53%	-6.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.16%	51.68%	-8.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.88%	56.00%	-8.12%

Financials

TECK-B.TO vs. HBM.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Teck Resources Limited and Hudbay Minerals Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TECK-B.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Teck Resources Limited reported a gross profit of 915.00M and revenue of 3.06B. Therefore, the gross margin over that period was 29.9%.

HBM.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hudbay Minerals Inc. reported a gross profit of 166.81M and revenue of 737.06M. Therefore, the gross margin over that period was 22.6%.

TECK-B.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Teck Resources Limited reported an operating income of 651.00M and revenue of 3.06B, resulting in an operating margin of 21.3%.

HBM.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hudbay Minerals Inc. reported an operating income of 242.47M and revenue of 737.06M, resulting in an operating margin of 32.9%.

TECK-B.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Teck Resources Limited reported a net income of 544.00M and revenue of 3.06B, resulting in a net margin of 17.8%.

HBM.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hudbay Minerals Inc. reported a net income of 129.97M and revenue of 737.06M, resulting in a net margin of 17.6%.