ALHC vs. ROOT
ALHC (Alignment Healthcare Holdings, LLC) and ROOT (Root, Inc.) are both stocks. ALHC operates in Healthcare Plans (Healthcare), while ROOT operates in Insurance - Property & Casualty (Financial Services). Over the past 5 years, ALHC returned -3.32%/yr vs -23.35%/yr for ROOT. At a 0.22 correlation, their price movements are largely independent.
Performance
ALHC vs. ROOT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALHC achieves a 9.67% return, which is significantly higher than ROOT's -27.76% return.
ALHC
- 1D
- 1.74%
- 1M
- 32.48%
- YTD
- 9.67%
- 6M
- 10.91%
- 1Y
- 55.05%
- 3Y*
- 52.56%
- 5Y*
- -3.32%
- 10Y*
- —
ROOT
- 1D
- 2.17%
- 1M
- -9.06%
- YTD
- -27.76%
- 6M
- -28.65%
- 1Y
- -60.23%
- 3Y*
- 68.13%
- 5Y*
- -23.35%
- 10Y*
- —
ALHC vs. ROOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ALHC Alignment Healthcare Holdings, LLC | 9.67% | 75.56% | 30.66% | -26.79% | -16.36% | -26.19% |
ROOT Root, Inc. | -27.76% | -0.50% | 592.65% | 133.41% | -91.95% | -75.91% |
Correlation
The correlation between ALHC and ROOT is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2021 | 0.22 |
The correlation between ALHC and ROOT shifts across timeframes, from 0.10 (3 years) to 0.23 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALHC:
$4.62B
ROOT:
$897.50M
ALHC:
$0.10
ROOT:
$3.35
ALHC:
226.81
ROOT:
15.56
ALHC:
1.06
ROOT:
0.56
ALHC:
22.31
ROOT:
4.20
ALHC:
$4.26B
ROOT:
$1.56B
ALHC:
$365.25M
ROOT:
$279.50M
ALHC:
$66.34M
ROOT:
$88.80M
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
ALHC vs. ROOT — Risk / Return Rank
ALHC
ROOT
ALHC vs. ROOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alignment Healthcare Holdings, LLC (ALHC) and Root, Inc. (ROOT). 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.
| ALHC | ROOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.99 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.84 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | -0.89 | +2.14 |
| Martin ratioReturn relative to average drawdown | 3.80 | -1.29 | +5.09 |
Loading charts...
Drawdowns
ALHC vs. ROOT - Drawdown Comparison
The maximum ALHC drawdown since its inception was -83.61%, smaller than the maximum ROOT drawdown of -99.29%. Use the drawdown chart below to compare losses from any high point for ALHC and ROOT.
Loading charts...
Drawdown Indicators
| ALHC | ROOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.61% | -99.29% | +15.68% |
Max Drawdown (1Y)Largest decline over 1 year | -44.14% | -67.76% | +23.62% |
Max Drawdown (3Y)Largest decline over 3 years | -50.33% | -75.68% | +25.35% |
Max Drawdown (5Y)Largest decline over 5 years | -81.99% | -98.26% | +16.27% |
Current DrawdownCurrent decline from peak | -20.57% | -89.26% | +68.69% |
Average DrawdownAverage peak-to-trough decline | -51.97% | -83.76% | +31.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.53% | 46.77% | -32.24% |
Volatility
ALHC vs. ROOT - Volatility Comparison
Alignment Healthcare Holdings, LLC (ALHC) has a higher volatility of 29.73% compared to Root, Inc. (ROOT) at 24.39%. This indicates that ALHC's price experiences larger fluctuations and is considered to be riskier than ROOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALHC | ROOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.73% | 24.39% | +5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 47.04% | 46.29% | +0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.74% | 68.92% | -13.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.64% | 101.75% | -38.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.88% | 100.07% | -36.19% |
Dividends
ALHC vs. ROOT - Dividend Comparison
Neither ALHC nor ROOT has paid dividends to shareholders.
Financials
ALHC vs. ROOT - Financials Comparison
This section allows you to compare key financial metrics between Alignment Healthcare Holdings, LLC and Root, 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
ALHC vs. ROOT - Profitability Comparison
ALHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alignment Healthcare Holdings, LLC reported a gross profit of 0.00 and revenue of 1.24B. Therefore, the gross margin over that period was 0.0%.
ROOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Root, Inc. reported a gross profit of 0.00 and revenue of 393.50M. Therefore, the gross margin over that period was 0.0%.
ALHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alignment Healthcare Holdings, LLC reported an operating income of 15.50M and revenue of 1.24B, resulting in an operating margin of 1.3%.
ROOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Root, Inc. reported an operating income of 40.90M and revenue of 393.50M, resulting in an operating margin of 10.4%.
ALHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alignment Healthcare Holdings, LLC reported a net income of 11.42M and revenue of 1.24B, resulting in a net margin of 0.9%.
ROOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Root, Inc. reported a net income of 34.20M and revenue of 393.50M, resulting in a net margin of 8.7%.
Frequently Asked Questions
ALHC and ROOT have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALHC has higher volatility (29.73%) compared to ROOT (24.39%). In terms of maximum drawdown, ALHC dropped -83.61% vs ROOT's -99.29%.
ALHC currently has the higher Sharpe Ratio (0.99 vs -0.88), 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 ALHC and ROOT
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