UEC vs. HBM
UEC (Uranium Energy Corp.) and HBM (Hudbay Minerals Inc.) are both stocks. UEC operates in Uranium (Energy), while HBM operates in Copper (Basic Materials). Over the past 10 years, UEC returned 27.01%/yr vs 19.31%/yr for HBM. At a 0.36 correlation, their price movements are largely independent.
Performance
UEC vs. HBM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UEC achieves a -5.57% return, which is significantly lower than HBM's 40.23% return. Over the past 10 years, UEC has outperformed HBM with an annualized return of 27.01%, while HBM has yielded a comparatively lower 19.31% annualized return.
UEC
- 1D
- 3.76%
- 1M
- -28.24%
- YTD
- -5.57%
- 6M
- -14.63%
- 1Y
- 77.05%
- 3Y*
- 51.69%
- 5Y*
- 28.08%
- 10Y*
- 27.01%
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%
UEC vs. HBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UEC Uranium Energy Corp. | -5.57% | 74.59% | 4.53% | 64.95% | 15.82% | 90.34% | 91.47% | -26.46% | -29.38% | 58.04% |
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 UEC and HBM is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2009 | 0.36 |
The correlation between UEC and HBM shifts across timeframes, from 0.36 (all time) to 0.47 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
UEC:
$5.41B
HBM:
$11.09B
UEC:
-$0.22
HBM:
$1.65
UEC:
257.79
HBM:
4.68
UEC:
3.81
HBM:
3.13
UEC:
$20.20M
HBM:
$2.37B
UEC:
-$18.26M
HBM:
$828.54M
UEC:
-$114.96M
HBM:
$1.54B
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
UEC vs. HBM — Risk / Return Rank
UEC
HBM
UEC vs. HBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Uranium Energy Corp. (UEC) 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.
| UEC | HBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.44 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 5.28 | -3.83 |
| Martin ratioReturn relative to average drawdown | 3.58 | 16.41 | -12.83 |
Loading charts...
Drawdowns
UEC vs. HBM - Drawdown Comparison
The maximum UEC drawdown since its inception was -97.40%, which is greater than HBM's maximum drawdown of -92.21%. Use the drawdown chart below to compare losses from any high point for UEC and HBM.
Loading charts...
Drawdown Indicators
| UEC | HBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.40% | -92.21% | -5.19% |
Max Drawdown (1Y)Largest decline over 1 year | -53.23% | -36.16% | -17.07% |
Max Drawdown (3Y)Largest decline over 3 years | -53.49% | -41.11% | -12.38% |
Max Drawdown (5Y)Largest decline over 5 years | -63.76% | -63.33% | -0.43% |
Max Drawdown (10Y)Largest decline over 10 years | -80.59% | -86.34% | +5.75% |
Current DrawdownCurrent decline from peak | -45.23% | -12.68% | -32.55% |
Average DrawdownAverage peak-to-trough decline | -62.08% | -52.45% | -9.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.62% | 11.62% | +10.00% |
Volatility
UEC vs. HBM - Volatility Comparison
Uranium Energy Corp. (UEC) has a higher volatility of 35.27% compared to Hudbay Minerals Inc. (HBM) at 25.87%. This indicates that UEC's price experiences larger fluctuations and is considered to be riskier than HBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UEC | HBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.27% | 25.87% | +9.40% |
Volatility (6M)Calculated over the trailing 6-month period | 61.37% | 47.72% | +13.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.21% | 59.13% | +20.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.87% | 55.51% | +19.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.94% | 58.82% | +15.12% |
Dividends
UEC vs. HBM - Dividend Comparison
UEC has not paid dividends to shareholders, while HBM's dividend yield for the trailing twelve months is around 0.08%.
| 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% |
UEC Uranium Energy Corp. | 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
UEC vs. HBM - Financials Comparison
This section allows you to compare key financial metrics between Uranium Energy Corp. 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
Frequently Asked Questions
UEC and HBM have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UEC has higher volatility (35.27%) compared to HBM (25.87%). In terms of maximum drawdown, UEC dropped -97.40% vs HBM's -92.21%.
HBM currently has the higher Sharpe Ratio (3.23 vs 0.98), 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 UEC and HBM
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