TTI vs. HL
TTI (TETRA Technologies, Inc.) and HL (Hecla Mining Company) are both stocks. TTI operates in Oil & Gas Equipment & Services (Energy), while HL operates in Gold (Basic Materials). Over the past 10 years, TTI returned 4.53%/yr vs 13.21%/yr for HL. At a 0.20 correlation, their price movements are largely independent.
Performance
TTI vs. HL - Performance Comparison
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Returns By Period
In the year-to-date period, TTI achieves a 5.87% return, which is significantly higher than HL's -22.38% return. Over the past 10 years, TTI has underperformed HL with an annualized return of 4.53%, while HL has yielded a comparatively higher 13.21% annualized return.
TTI
- 1D
- 6.78%
- 1M
- 1.43%
- YTD
- 5.87%
- 6M
- 18.80%
- 1Y
- 234.01%
- 3Y*
- 50.67%
- 5Y*
- 20.78%
- 10Y*
- 4.53%
HL
- 1D
- 0.74%
- 1M
- -19.97%
- YTD
- -22.38%
- 6M
- -6.02%
- 1Y
- 137.76%
- 3Y*
- 41.41%
- 5Y*
- 11.39%
- 10Y*
- 13.21%
TTI vs. HL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TTI TETRA Technologies, Inc. | 5.87% | 161.73% | -20.80% | 30.64% | 21.83% | 229.66% | -56.05% | 16.67% | -60.66% | -12.29% |
HL Hecla Mining Company | -22.38% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
Correlation
The correlation between TTI 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 (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 1990 | 0.20 |
The correlation between TTI and HL shifts across timeframes, from 0.20 (all time) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TTI:
$1.36B
HL:
$10.05B
TTI:
$0.05
HL:
$0.84
TTI:
183.89
HL:
17.71
TTI:
0.22
HL:
0.07
TTI:
2.12
HL:
6.30
TTI:
4.75
HL:
3.91
TTI:
$630.05M
HL:
$1.57B
TTI:
$154.82M
HL:
$788.95M
TTI:
$85.97M
HL:
$864.40M
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Return for Risk
TTI vs. HL — Risk / Return Rank
TTI
HL
TTI vs. HL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TETRA Technologies, Inc. (TTI) 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.
| TTI | HL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.30 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 6.26 | 2.59 | +3.67 |
| Martin ratioReturn relative to average drawdown | 15.75 | 5.82 | +9.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TTI | HL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.89 | 1.92 | +1.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.19 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | 0.21 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.00 | +0.06 |
Drawdowns
TTI vs. HL - Drawdown Comparison
The maximum TTI drawdown since its inception was -99.27%, roughly equal to the maximum HL drawdown of -97.92%. Use the drawdown chart below to compare losses from any high point for TTI and HL.
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Drawdown Indicators
| TTI | HL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.27% | -97.92% | -1.35% |
Max Drawdown (1Y)Largest decline over 1 year | -37.66% | -53.52% | +15.86% |
Max Drawdown (3Y)Largest decline over 3 years | -67.43% | -53.52% | -13.91% |
Max Drawdown (5Y)Largest decline over 5 years | -67.43% | -63.18% | -4.25% |
Max Drawdown (10Y)Largest decline over 10 years | -96.60% | -82.45% | -14.15% |
Current DrawdownCurrent decline from peak | -67.24% | -53.17% | -14.07% |
Average DrawdownAverage peak-to-trough decline | -55.74% | -69.95% | +14.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.93% | 23.76% | -8.83% |
Volatility
TTI vs. HL - Volatility Comparison
The current volatility for TETRA Technologies, Inc. (TTI) is 18.11%, while Hecla Mining Company (HL) has a volatility of 24.76%. This indicates that TTI experiences smaller price fluctuations and is considered to be less risky than HL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TTI | HL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.11% | 24.76% | -6.65% |
Volatility (6M)Calculated over the trailing 6-month period | 41.31% | 55.25% | -13.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.63% | 72.35% | -11.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.36% | 59.31% | +2.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.52% | 62.76% | +12.76% |
Dividends
TTI vs. HL - Dividend Comparison
TTI 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% |
TTI TETRA Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.34% | 0.00% | 0.00% |
Financials
TTI vs. HL - Financials Comparison
This section allows you to compare key financial metrics between TETRA Technologies, Inc. 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
TTI vs. HL - Profitability Comparison
TTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TETRA Technologies, Inc. reported a gross profit of 38.23M and revenue of 156.25M. Therefore, the gross margin over that period was 24.5%.
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%.
TTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TETRA Technologies, Inc. reported an operating income of 12.82M and revenue of 156.25M, resulting in an operating margin of 8.2%.
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%.
TTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TETRA Technologies, Inc. reported a net income of 8.32M and revenue of 156.25M, resulting in a net margin of 5.3%.
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
TTI 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.
HL has higher volatility (24.76%) compared to TTI (18.11%). In terms of maximum drawdown, TTI dropped -99.27% vs HL's -97.92%.
TTI currently has the higher Sharpe Ratio (3.89 vs 1.92), 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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