EQX vs HLI

Comparison between Equinox Gold Corp (EQX, Company) and Houlihan Lokey Inc - Class A (HLI, Company).

EQX is from the Basic Materials sector, while HLI is from the Financial Services sector.

5-Year PerformanceEQX has outperformed HLI, delivering a return of +13.5% compared to +8.9%

EQX vs HLI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EQX(COMPANY)	HLI(COMPANY)
Market Cap	$8.52B	$8.52B
Max Drawdown	81.06%	41.02%
Sharpe Ratio	1.16	-1.40
5Y Beta	0.88	0.94
Industry	Gold	Capital Markets
P/E Ratio	12.34	21.11
Forward P/E	10.50	14.90
PEG Ratio	2.57	1.53
Dividend Yield	0.28%	1.96%
5Y Dividends CAGR	N/A	12.37%
5Y EPS CAGR	64.99%	18.69%
Debt to Equity	10.04%	0.00%
Free Cash Flow Yield	0.79%	5.69%
P/S Ratio	4.99	3.55
P/B Ratio	1.15	3.89

Market Cap

EQX

$8.52B

Winner

HLI

$8.52B

Max Drawdown

EQX

81.06%

Winner

HLI

41.02%

Sharpe Ratio

Winner

EQX

1.16

HLI

-1.40

5Y Beta

Winner

EQX

0.88

HLI

0.94

Industry

EQX

Gold

HLI

Capital Markets

P/E Ratio

Winner

EQX

12.34

HLI

21.11

Forward P/E

Winner

EQX

10.50

HLI

14.90

PEG Ratio

EQX

2.57

Winner

HLI

1.53

Dividend Yield

EQX

0.28%

Winner

HLI

1.96%

5Y Dividends CAGR

EQX

N/A

HLI

12.37%

5Y EPS CAGR

Winner

EQX

64.99%

HLI

18.69%

Debt to Equity

EQX

10.04%

Winner

HLI

0.00%

Free Cash Flow Yield

EQX

0.79%

Winner

HLI

5.69%

P/S Ratio

EQX

4.99

Winner

HLI

3.55

P/B Ratio

Winner

EQX

1.15

HLI

3.89

EQX vs HLI - Historical Returns

Returns include dividend reinvestment.

Period	EQX	HLI
1 month	+18.75%	-8.82%
3 months	-21.91%	-16.69%
6 months	-26.72%	-27.88%
1 year	+74.66%	-34.22%
5 years(CAGR)	+13.53%	+8.86%
10 years(CAGR)	+13.27%	+19.53%
Max(CAGR)	+13.27%	+19.21%

Winner

EQX

+18.75%

HLI

-8.82%

EQX

-21.91%

Winner

HLI

-16.69%

Winner

EQX

-26.72%

HLI

-27.88%

Winner

EQX

+74.66%

HLI

-34.22%

5Y(CAGR)

Winner

EQX

+13.53%

HLI

+8.86%

10Y(CAGR)

EQX

+13.27%

Winner

HLI

+19.53%

Max(CAGR)

EQX

+13.27%

Winner

HLI

+19.21%

EQX vs HLI - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	EQX	HLI
2026	-15.22%	-29.42%
2025	+164.41%	+2.88%
2024	+6.81%	+48.07%
2023	+36.59%	+39.48%
2022	-50.75%	-14.68%
2021	-39.10%	+57.82%
2020	+31.89%	+39.03%
2019	+109.52%	+34.99%
2018	-12.75%	-17.84%
2017	N/A	+46.86%
2016	N/A	+26.08%
2015	N/A	+17.72%

EQX vs HLI Drawdown Comparison

The maximum drawdown for EQX was -81.06%, occurring on Nov 3, 2022. Recovery took 1326 trading sessions.

The maximum drawdown for HLI was -40.30%, occurring on Aug 10, 2026. This drawdown has not yet recovered.

The current EQX drawdown is -38.09%. The current HLI drawdown is -40.30%.

Rank	EQX	HLI
#1	-81.06% Aug 18, 2020 - Nov 26, 2025	-40.30% Sep 23, 2025 - Aug 10, 2026
#2	-53.95% Feb 27, 2026 - Jul 17, 2026	-36.56% Jan 12, 2022 - Dec 4, 2023
#3	-42.99% Feb 21, 2020 - Jun 1, 2020	-33.48% Jul 23, 2018 - Jan 16, 2020
#4	-27.76% Aug 7, 2018 - Mar 8, 2019	-25.19% Nov 25, 2024 - Jul 9, 2025
#5	-25.49% Mar 25, 2019 - Jun 20, 2019	-20.34% Feb 19, 2020 - Apr 3, 2020
#6	-19.74% Jan 28, 2026 - Feb 23, 2026	-17.84% Dec 31, 2015 - Aug 15, 2016
#7	-19.19% Aug 26, 2019 - Dec 18, 2019	-16.62% May 18, 2020 - Oct 12, 2020
#8	-16.64% Jun 20, 2019 - Aug 5, 2019	-16.05% Nov 11, 2021 - Jan 12, 2022
#9	-9.18% Jan 15, 2020 - Feb 14, 2020	-15.11% Jan 24, 2018 - Jun 18, 2018
#10	-8.77% Aug 5, 2019 - Aug 20, 2019	-12.02% Jan 13, 2021 - May 13, 2021
#11	-8.05% Dec 22, 2025 - Jan 20, 2026	-9.69% Jul 26, 2017 - Sep 27, 2017
#12	-6.89% Jun 1, 2020 - Jun 8, 2020	-9.34% Feb 3, 2017 - Mar 10, 2017
#13	-6.49% Aug 6, 2020 - Aug 17, 2020	-8.92% Aug 15, 2016 - Nov 16, 2016
#14	-6.39% Dec 12, 2025 - Dec 22, 2025	-8.12% Oct 7, 2015 - Nov 24, 2015
#15	-5.42% Jul 9, 2020 - Jul 22, 2020	-8.00% Aug 14, 2015 - Oct 7, 2015

Correlation

Correlation between EQX and HLI is 0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

0.29

-101

Dividend Comparison (2015 - 2026)

EQX vs HLI dividend yield comparison.

Year	EQX	HLI
2026	0.26%	1.05%
2025	0.00%	1.36%
2024	0.00%	1.30%
2023	0.00%	1.82%
2022	0.00%	2.32%
2021	0.00%	1.56%
2020	0.00%	1.90%
2019	0.00%	2.46%
2018	0.00%	2.74%
2017	0.00%	1.76%
2016	0.00%	2.12%
2015	0.00%	0.57%