BKH vs. CINF
BKH (Black Hills Corporation) and CINF (Cincinnati Financial Corporation) are both stocks. BKH operates in Utilities - Diversified (Utilities), while CINF operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, BKH returned 5.15%/yr vs 11.63%/yr for CINF. At a 0.34 correlation, their price movements are largely independent.
Performance
BKH vs. CINF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BKH achieves a 5.99% return, which is significantly higher than CINF's -0.07% return. Over the past 10 years, BKH has underperformed CINF with an annualized return of 5.15%, while CINF has yielded a comparatively higher 11.63% annualized return.
BKH
- 1D
- -0.81%
- 1M
- -3.13%
- YTD
- 5.99%
- 6M
- 4.93%
- 1Y
- 31.40%
- 3Y*
- 9.12%
- 5Y*
- 5.05%
- 10Y*
- 5.15%
CINF
- 1D
- -1.84%
- 1M
- 0.46%
- YTD
- -0.07%
- 6M
- 1.71%
- 1Y
- 9.89%
- 3Y*
- 19.76%
- 5Y*
- 8.67%
- 10Y*
- 11.63%
BKH vs. CINF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKH Black Hills Corporation | 5.99% | 23.93% | 13.57% | -19.95% | 3.08% | 18.86% | -19.05% | 28.60% | 7.98% | 0.81% |
CINF Cincinnati Financial Corporation | -0.07% | 16.27% | 42.48% | 4.00% | -7.89% | 33.28% | -14.15% | 38.87% | 6.25% | 2.34% |
Correlation
The correlation between BKH and CINF is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.34 |
Fundamentals
BKH:
$2.10
CINF:
$23.30
BKH:
34.46
CINF:
6.96
BKH:
20.56
CINF:
0.21
BKH:
2.34
CINF:
1.49
BKH:
$2.29B
CINF:
$12.92B
BKH:
$596.90M
CINF:
$5.39B
BKH:
$554.70M
CINF:
$3.27B
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
BKH vs. CINF — Risk / Return Rank
BKH
CINF
BKH vs. CINF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Black Hills Corporation (BKH) and Cincinnati Financial Corporation (CINF). 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.
| BKH | CINF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.10 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 0.95 | +2.07 |
| Martin ratioReturn relative to average drawdown | 9.08 | 2.47 | +6.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BKH | CINF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 0.50 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.34 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.41 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.42 | +0.02 |
Drawdowns
BKH vs. CINF - Drawdown Comparison
The maximum BKH drawdown since its inception was -65.72%, which is greater than CINF's maximum drawdown of -59.64%. Use the drawdown chart below to compare losses from any high point for BKH and CINF.
Loading charts...
Drawdown Indicators
| BKH | CINF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.72% | -59.64% | -6.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -10.46% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -23.55% | -20.03% | -3.52% |
Max Drawdown (5Y)Largest decline over 5 years | -36.98% | -35.77% | -1.21% |
Max Drawdown (10Y)Largest decline over 10 years | -40.45% | -58.12% | +17.67% |
Current DrawdownCurrent decline from peak | -5.14% | -5.47% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -16.20% | -12.19% | -4.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 4.07% | -0.60% |
Volatility
BKH vs. CINF - Volatility Comparison
Black Hills Corporation (BKH) has a higher volatility of 6.20% compared to Cincinnati Financial Corporation (CINF) at 5.78%. This indicates that BKH's price experiences larger fluctuations and is considered to be riskier than CINF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BKH | CINF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 5.78% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.66% | 13.67% | +1.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.27% | 19.78% | +0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.11% | 25.69% | -3.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.39% | 28.82% | -3.43% |
Dividends
BKH vs. CINF - Dividend Comparison
BKH's dividend yield for the trailing twelve months is around 3.82%, more than CINF's 2.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKH Black Hills Corporation | 3.82% | 3.90% | 4.44% | 4.63% | 3.43% | 3.25% | 3.53% | 2.61% | 3.07% | 3.01% | 2.74% | 3.49% |
CINF Cincinnati Financial Corporation | 2.19% | 2.13% | 2.25% | 2.90% | 2.70% | 2.21% | 2.75% | 2.13% | 2.74% | 3.33% | 2.53% | 3.89% |
Financials
BKH vs. CINF - Financials Comparison
This section allows you to compare key financial metrics between Black Hills Corporation and Cincinnati Financial Corporation. 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
BKH vs. CINF - Profitability Comparison
BKH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Black Hills Corporation reported a gross profit of 0.00 and revenue of 780.70M. Therefore, the gross margin over that period was 0.0%.
CINF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cincinnati Financial Corporation reported a gross profit of 0.00 and revenue of 2.86B. Therefore, the gross margin over that period was 0.0%.
BKH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Black Hills Corporation reported an operating income of 201.90M and revenue of 780.70M, resulting in an operating margin of 25.9%.
CINF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cincinnati Financial Corporation reported an operating income of 0.00 and revenue of 2.86B, resulting in an operating margin of 0.0%.
BKH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Black Hills Corporation reported a net income of -2.10M and revenue of 780.70M, resulting in a net margin of -0.3%.
CINF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cincinnati Financial Corporation reported a net income of 274.00M and revenue of 2.86B, resulting in a net margin of 9.6%.
Frequently Asked Questions
BKH and CINF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKH has higher volatility (6.20%) compared to CINF (5.78%). In terms of maximum drawdown, BKH dropped -65.72% vs CINF's -59.64%.
BKH currently has the higher Sharpe Ratio (1.56 vs 0.50), 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 BKH and CINF
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