HBM vs WULF

Comparison between Hudbay Minerals Inc (HBM, Company) and TeraWulf Inc (WULF, Company).

HBM is from the Basic Materials sector, while WULF is from the Financial Services sector.

5-Year PerformanceHBM has outperformed WULF, delivering a return of +31.4% compared to +24.7%

HBM vs WULF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HBM(COMPANY)	WULF(COMPANY)
Market Cap	$9.84B	$9.86B
Max Drawdown	92.73%	98.72%
Sharpe Ratio	1.97	2.08
5Y Beta	1.74	3.17
Industry	Copper	Capital Markets
P/E Ratio	14.91	-9.71
Forward P/E	15.22	29.76
PEG Ratio	0.05	-0.01
Dividend Yield	0.09%	N/A
5Y Dividends CAGR	5.89%	N/A
Debt to Equity	30.14%	-3940.08%
Free Cash Flow Yield	2.57%	-17.11%
P/S Ratio	4.28	70.76
P/B Ratio	2.88	84.25

Market Cap

HBM

$9.84B

Winner

WULF

$9.86B

Max Drawdown

Winner

HBM

92.73%

WULF

98.72%

Sharpe Ratio

HBM

1.97

Winner

WULF

2.08

5Y Beta

Winner

HBM

1.74

WULF

3.17

Industry

HBM

Copper

WULF

Capital Markets

P/E Ratio

HBM

14.91

Winner

WULF

-9.71

Forward P/E

Winner

HBM

15.22

WULF

29.76

PEG Ratio

HBM

0.05

Winner

WULF

-0.01

Dividend Yield

HBM

0.09%

WULF

N/A

5Y Dividends CAGR

HBM

5.89%

WULF

N/A

Debt to Equity

HBM

30.14%

Winner

WULF

-3940.08%

Free Cash Flow Yield

Winner

HBM

2.57%

WULF

-17.11%

P/S Ratio

Winner

HBM

4.28

WULF

70.76

P/B Ratio

Winner

HBM

2.88

WULF

84.25

HBM vs WULF - Historical Returns

Returns include dividend reinvestment.

Period	HBM	WULF
1 month	+2.57%	+14.30%
3 months	+27.31%	+77.64%
6 months	+48.96%	+81.86%
1 year	+189.73%	+511.74%
5 years(CAGR)	+31.40%	+24.71%
10 years(CAGR)	+18.74%	+11.80%
Max(CAGR)	+12.17%	+7.71%

HBM

+2.57%

Winner

WULF

+14.30%

HBM

+27.31%

Winner

WULF

+77.64%

HBM

+48.96%

Winner

WULF

+81.86%

HBM

+189.73%

Winner

WULF

+511.74%

5Y(CAGR)

Winner

HBM

+31.40%

WULF

+24.71%

10Y(CAGR)

Winner

HBM

+18.74%

WULF

+11.80%

Max(CAGR)

Winner

HBM

+12.17%

WULF

+7.71%

HBM vs WULF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HBM	WULF
2026	+38.44%	+104.55%
2025	+133.63%	+110.44%
2024	+48.66%	+146.09%
2023	+8.81%	+235.71%
2022	-28.48%	-95.39%
2021	-1.52%	+93.97%
2020	+70.87%	+73.38%
2019	-13.25%	-38.34%
2018	-48.53%	+8.66%
2017	+47.04%	-32.73%
2016	+46.50%	+0.54%
2015	-56.93%	-21.75%
2014	+6.88%	-7.38%
2013	-22.57%	+77.71%
2012	-0.96%	+18.16%
2011	-44.04%	+1.07%
2010	+37.87%	+15.08%
2009	+211.30%	+9.76%
2008	N/A	-37.76%
2007	N/A	+23.24%
2006	N/A	+18.36%
2005	N/A	-13.61%
2004	N/A	+75.00%
2003	N/A	+90.91%
2002	N/A	+10.00%
2001	N/A	-40.00%
2000	N/A	-32.69%
1999	N/A	-3.33%

HBM vs WULF Drawdown Comparison

The maximum drawdown for HBM was -92.21%, occurring on Mar 23, 2020. Recovery took 3731 trading sessions.

The maximum drawdown for WULF was -98.41%, occurring on Mar 16, 2023. This drawdown has not yet recovered.

The current HBM drawdown is -12.72%. The current WULF drawdown is -23.24%.

Rank	HBM	WULF
#1	-92.21% Dec 10, 2010 - Oct 13, 2025	-98.41% Nov 19, 2021 - Mar 16, 2023
#2	-40.97% Nov 9, 2009 - Oct 15, 2010	-90.22% Mar 6, 2014 - Aug 27, 2021
#3	-36.16% Feb 27, 2026 - May 29, 2026	-65.81% Dec 14, 1999 - Oct 30, 2003
#4	-31.59% Jun 11, 2009 - Aug 5, 2009	-63.37% Jan 16, 2008 - Feb 26, 2013
#5	-22.54% Jun 2, 2026 - Jun 10, 2026	-46.40% Mar 4, 2004 - Mar 21, 2006
#6	-20.13% Oct 14, 2009 - Nov 5, 2009	-32.95% Apr 19, 2006 - Jan 14, 2008
#7	-19.50% May 4, 2009 - Jun 11, 2009	-30.57% Oct 8, 2013 - Feb 24, 2014
#8	-17.02% Oct 13, 2025 - Dec 10, 2025	-25.68% Oct 30, 2003 - Jan 23, 2004
#9	-13.22% Jan 28, 2026 - Feb 24, 2026	-22.83% Jan 28, 2004 - Mar 2, 2004
#10	-12.80% Feb 26, 2009 - Mar 24, 2009	-18.11% Aug 27, 2021 - Nov 9, 2021
#11	-11.92% Mar 27, 2009 - Apr 2, 2009	-17.73% May 15, 2013 - Aug 8, 2013
#12	-9.02% Apr 13, 2009 - Apr 24, 2009	-12.66% Mar 18, 2013 - Apr 18, 2013
#13	-7.91% Feb 18, 2009 - Feb 24, 2009	-11.53% Feb 24, 2014 - Mar 5, 2014
#14	-7.32% Aug 13, 2009 - Sep 9, 2009	-9.87% Aug 12, 2013 - Oct 1, 2013
#15	-6.98% Sep 30, 2009 - Oct 6, 2009	-9.35% Apr 18, 2013 - Apr 30, 2013

Correlation

Correlation between HBM and WULF is 0.37 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.37

-101

Dividend Comparison (2010 - 2026)

HBM vs WULF dividend yield comparison.

Year	HBM	WULF
2026	0.05%	0.00%
2025	0.07%	0.00%
2024	0.17%	0.00%
2023	0.31%	0.00%
2022	0.32%	0.00%
2021	0.22%	33.22%
2020	0.21%	0.00%
2019	0.36%	0.00%
2018	0.38%	0.00%
2017	0.23%	0.00%
2016	0.35%	0.00%
2015	0.52%	0.00%
2014	0.23%	0.00%
2013	1.34%	0.00%
2012	1.99%	12.42%
2011	2.01%	0.00%
2010	0.55%	0.00%