WTS vs. HBM
WTS (Watts Water Technologies, Inc.) and HBM (Hudbay Minerals Inc.) are both stocks. WTS operates in Specialty Industrial Machinery (Industrials), while HBM operates in Copper (Basic Materials). Over the past 10 years, WTS returned 20.25%/yr vs 19.31%/yr for HBM. At a 0.34 correlation, their price movements are largely independent.
Performance
WTS vs. HBM - Performance Comparison
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Returns By Period
In the year-to-date period, WTS achieves a 21.12% return, which is significantly lower than HBM's 40.23% return. Both investments have delivered pretty close results over the past 10 years, with WTS having a 20.25% annualized return and HBM not far behind at 19.31%.
WTS
- 1D
- 3.81%
- 1M
- 11.26%
- YTD
- 21.12%
- 6M
- 19.78%
- 1Y
- 38.75%
- 3Y*
- 24.54%
- 5Y*
- 19.38%
- 10Y*
- 20.25%
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%
WTS vs. HBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTS Watts Water Technologies, Inc. | 21.12% | 36.85% | -1.62% | 43.57% | -24.08% | 60.63% | 23.14% | 56.20% | -14.13% | 17.84% |
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 WTS and HBM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2009 | 0.34 |
The correlation between WTS and HBM shifts across timeframes, from 0.23 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WTS:
$11.16B
HBM:
$11.09B
WTS:
$10.95
HBM:
$1.65
WTS:
30.43
HBM:
16.83
WTS:
1.42
HBM:
0.12
WTS:
4.36
HBM:
4.68
WTS:
5.32
HBM:
3.13
WTS:
$2.56B
HBM:
$2.37B
WTS:
$1.26B
HBM:
$828.54M
WTS:
$556.30M
HBM:
$1.54B
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Return for Risk
WTS vs. HBM — Risk / Return Rank
WTS
HBM
WTS vs. HBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Watts Water Technologies, Inc. (WTS) 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.
| WTS | HBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.44 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 5.28 | -2.76 |
| Martin ratioReturn relative to average drawdown | 6.51 | 16.41 | -9.90 |
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Drawdowns
WTS vs. HBM - Drawdown Comparison
The maximum WTS drawdown since its inception was -63.68%, smaller than the maximum HBM drawdown of -92.21%. Use the drawdown chart below to compare losses from any high point for WTS and HBM.
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Drawdown Indicators
| WTS | HBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.68% | -92.21% | +28.53% |
Max Drawdown (1Y)Largest decline over 1 year | -15.45% | -36.16% | +20.71% |
Max Drawdown (3Y)Largest decline over 3 years | -19.54% | -41.11% | +21.57% |
Max Drawdown (5Y)Largest decline over 5 years | -44.08% | -63.33% | +19.25% |
Max Drawdown (10Y)Largest decline over 10 years | -44.08% | -86.34% | +42.26% |
Current DrawdownCurrent decline from peak | -0.55% | -12.68% | +12.13% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -52.45% | +36.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.97% | 11.62% | -5.65% |
Volatility
WTS vs. HBM - Volatility Comparison
The current volatility for Watts Water Technologies, Inc. (WTS) is 7.01%, while Hudbay Minerals Inc. (HBM) has a volatility of 25.87%. This indicates that WTS experiences smaller price fluctuations and is considered to be less risky than HBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTS | HBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 25.87% | -18.86% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 47.72% | -31.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.03% | 59.13% | -36.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.84% | 55.51% | -27.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.24% | 58.82% | -30.58% |
Dividends
WTS vs. HBM - Dividend Comparison
WTS's dividend yield for the trailing twelve months is around 0.66%, 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% |
WTS Watts Water Technologies, Inc. | 0.66% | 0.72% | 0.81% | 0.66% | 0.79% | 0.52% | 0.76% | 0.90% | 1.27% | 0.99% | 1.09% | 1.33% |
Financials
WTS vs. HBM - Financials Comparison
This section allows you to compare key financial metrics between Watts Water Technologies, 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
WTS vs. HBM - Profitability Comparison
WTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Watts Water Technologies, Inc. reported a gross profit of 326.10M and revenue of 677.30M. Therefore, the gross margin over that period was 48.2%.
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%.
WTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Watts Water Technologies, Inc. reported an operating income of 133.00M and revenue of 677.30M, resulting in an operating margin of 19.6%.
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%.
WTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Watts Water Technologies, Inc. reported a net income of 99.60M and revenue of 677.30M, resulting in a net margin of 14.7%.
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
WTS and HBM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBM has higher volatility (25.87%) compared to WTS (7.01%). In terms of maximum drawdown, WTS dropped -63.68% vs HBM's -92.21%.
HBM currently has the higher Sharpe Ratio (3.23 vs 1.69), 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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