ACGL vs. RGA
ACGL (Arch Capital Group Ltd.) and RGA (Reinsurance Group of America, Incorporated) are both stocks. Both are in the Financial Services sector — ACGL in Insurance - Diversified, RGA in Insurance - Reinsurance. Over the past 10 years, ACGL returned 15.70%/yr vs 11.32%/yr for RGA. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
ACGL vs. RGA - Performance Comparison
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Returns By Period
In the year-to-date period, ACGL achieves a 4.81% return, which is significantly lower than RGA's 17.66% return. Over the past 10 years, ACGL has outperformed RGA with an annualized return of 15.70%, while RGA has yielded a comparatively lower 11.32% annualized return.
ACGL
- 1D
- -0.60%
- 1M
- 2.01%
- 6M
- 4.68%
- YTD
- 4.81%
- 1Y
- 16.81%
- 3Y*
- 11.10%
- 5Y*
- 22.07%
- 10Y*
- 15.70%
- ALL TIME*
- 13.23%
RGA
- 1D
- -0.51%
- 1M
- 9.83%
- 6M
- 18.07%
- YTD
- 17.66%
- 1Y
- 25.63%
- 3Y*
- 21.10%
- 5Y*
- 19.04%
- 10Y*
- 11.32%
- ALL TIME*
- 10.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $213.28M | $189.90M | $217.00M | |
| $80.43M | $84.29M | $82.13M |
ACGL vs. RGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ACGL Arch Capital Group Ltd. | 4.81% | 3.87% | 30.76% | 18.30% | 41.24% | 23.23% | -15.90% | 60.52% | -11.69% | 5.19% |
RGA Reinsurance Group of America, Incorporated | 17.66% | -2.97% | 34.38% | 16.39% | 33.04% | -3.21% | -27.02% | 18.29% | -8.71% | 25.59% |
Correlation
The correlation between ACGL and RGA is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2008 | 0.58 |
The correlation between ACGL and RGA has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.
Fundamentals
ACGL:
$35.12B
RGA:
$15.52B
ACGL:
$12.85
RGA:
$20.15
ACGL:
7.82
RGA:
11.76
ACGL:
0.18
RGA:
0.45
ACGL:
1.91
RGA:
0.58
ACGL:
$19.20B
RGA:
$18.13B
ACGL:
$6.56B
RGA:
$3.15B
ACGL:
$5.60B
RGA:
$1.46B
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Return for Risk
ACGL vs. RGA — Risk / Return Rank
ACGL
RGA
ACGL vs. RGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arch Capital Group Ltd. (ACGL) and Reinsurance Group of America, Incorporated (RGA). 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.
| ACGL | RGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.21 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.03 | -0.83 |
| Martin ratioReturn relative to average drawdown | 3.11 | 5.07 | -1.95 |
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Drawdowns
ACGL vs. RGA - Drawdown Comparison
The maximum ACGL drawdown since its inception was -54.70%, smaller than the maximum RGA drawdown of -65.75%. Use the drawdown chart below to compare losses from any high point for ACGL and RGA.
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Drawdown Indicators
| ACGL | RGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.70% | -65.75% | +11.05% |
Max Drawdown (1Y)Largest decline over 1 year | -14.08% | -12.68% | -1.40% |
Max Drawdown (3Y)Largest decline over 3 years | -22.43% | -27.11% | +4.68% |
Max Drawdown (5Y)Largest decline over 5 years | -22.43% | -27.11% | +4.68% |
Max Drawdown (10Y)Largest decline over 10 years | -53.84% | -65.75% | +11.91% |
Current DrawdownCurrent decline from peak | -7.96% | -2.39% | -5.57% |
Average DrawdownAverage peak-to-trough decline | -11.71% | -11.61% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 5.16% | +0.25% |
Volatility
ACGL vs. RGA - Volatility Comparison
Arch Capital Group Ltd. (ACGL) has a higher volatility of 8.78% compared to Reinsurance Group of America, Incorporated (RGA) at 7.02%. This indicates that ACGL's price experiences larger fluctuations and is considered to be riskier than RGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACGL | RGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.78% | 7.02% | +1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 16.73% | 17.74% | -1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.43% | 23.88% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.61% | 27.55% | -2.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.63% | 32.92% | -5.29% |
Dividends
ACGL vs. RGA - Dividend Comparison
ACGL has not paid dividends to shareholders, while RGA's dividend yield for the trailing twelve months is around 1.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACGL Arch Capital Group Ltd. | 0.00% | 0.00% | 5.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RGA Reinsurance Group of America, Incorporated | 1.76% | 1.79% | 1.63% | 2.04% | 2.15% | 2.61% | 2.42% | 1.59% | 1.57% | 1.17% | 1.24% | 1.64% |
Financials
ACGL vs. RGA - Financials Comparison
This section allows you to compare key financial metrics between Arch Capital Group Ltd. and Reinsurance Group of America, Incorporated. 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
ACGL vs. RGA - Profitability Comparison
ACGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Arch Capital Group Ltd. reported a gross profit of -30.00M and revenue of 4.47B. Therefore, the gross margin over that period was -0.7%.
RGA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Reinsurance Group of America, Incorporated reported a gross profit of 0.00 and revenue of 6.49M. Therefore, the gross margin over that period was 0.0%.
ACGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Arch Capital Group Ltd. reported an operating income of 46.00M and revenue of 4.47B, resulting in an operating margin of 1.0%.
RGA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Reinsurance Group of America, Incorporated reported an operating income of 441.00K and revenue of 6.49M, resulting in an operating margin of 6.8%.
ACGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Arch Capital Group Ltd. reported a net income of 1.06B and revenue of 4.47B, resulting in a net margin of 23.6%.
RGA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Reinsurance Group of America, Incorporated reported a net income of 331.00K and revenue of 6.49M, resulting in a net margin of 5.1%.
Frequently Asked Questions
ACGL and RGA have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACGL has higher volatility (8.78%) compared to RGA (7.02%). In terms of maximum drawdown, ACGL dropped -54.70% vs RGA's -65.75%.
RGA currently has the higher Sharpe Ratio (1.08 vs 0.79), 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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