CW vs. HRTG
CW (Curtiss-Wright Corporation) and HRTG (Heritage Insurance Holdings, Inc.) are both stocks. CW operates in Specialty Industrial Machinery (Industrials), while HRTG operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, CW returned 25.12%/yr vs 7.50%/yr for HRTG. At a 0.24 correlation, their price movements are largely independent.
Performance
CW vs. HRTG - Performance Comparison
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Returns By Period
In the year-to-date period, CW achieves a 37.55% return, which is significantly higher than HRTG's -23.27% return. Over the past 10 years, CW has outperformed HRTG with an annualized return of 25.12%, while HRTG has yielded a comparatively lower 7.50% annualized return.
CW
- 1D
- 0.10%
- 1M
- 0.93%
- YTD
- 37.55%
- 6M
- 38.99%
- 1Y
- 60.13%
- 3Y*
- 63.08%
- 5Y*
- 43.15%
- 10Y*
- 25.12%
HRTG
- 1D
- 0.58%
- 1M
- 1.95%
- YTD
- -23.27%
- 6M
- -22.80%
- 1Y
- -5.99%
- 3Y*
- 71.00%
- 5Y*
- 22.01%
- 10Y*
- 7.50%
CW vs. HRTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CW Curtiss-Wright Corporation | 37.55% | 55.66% | 59.73% | 33.98% | 21.03% | 19.86% | -16.83% | 38.70% | -15.79% | 24.56% |
HRTG Heritage Insurance Holdings, Inc. | -23.27% | 141.82% | 85.58% | 262.22% | -68.58% | -40.09% | -21.80% | -8.50% | -17.06% | 16.94% |
Correlation
The correlation between CW and HRTG is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 23, 2014 | 0.24 |
Over the past year, the correlation between CW and HRTG has dropped to 0.04 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
CW:
$28.09B
HRTG:
$690.12M
CW:
$13.64
HRTG:
$6.53
CW:
55.58
HRTG:
3.44
CW:
3.03
HRTG:
0.02
CW:
7.88
HRTG:
0.82
CW:
10.67
HRTG:
1.33
CW:
$3.61B
HRTG:
$848.47M
CW:
$1.34B
HRTG:
$333.64M
CW:
$745.31M
HRTG:
$285.21M
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Return for Risk
CW vs. HRTG — Risk / Return Rank
CW
HRTG
CW vs. HRTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Curtiss-Wright Corporation (CW) and Heritage Insurance Holdings, Inc. (HRTG). 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.
| CW | HRTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.94 | ||
| Sortino ratioReturn per unit of downside risk | +2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.03 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.66 | -0.18 | +4.84 |
| Martin ratioReturn relative to average drawdown | 13.53 | -0.40 | +13.93 |
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Drawdowns
CW vs. HRTG - Drawdown Comparison
The maximum CW drawdown since its inception was -59.19%, smaller than the maximum HRTG drawdown of -94.36%. Use the drawdown chart below to compare losses from any high point for CW and HRTG.
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Drawdown Indicators
| CW | HRTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.19% | -94.36% | +35.17% |
Max Drawdown (1Y)Largest decline over 1 year | -12.97% | -32.95% | +19.98% |
Max Drawdown (3Y)Largest decline over 3 years | -27.21% | -43.90% | +16.69% |
Max Drawdown (5Y)Largest decline over 5 years | -27.21% | -84.89% | +57.68% |
Max Drawdown (10Y)Largest decline over 10 years | -48.73% | -92.21% | +43.48% |
Current DrawdownCurrent decline from peak | 0.00% | -27.91% | +27.91% |
Average DrawdownAverage peak-to-trough decline | -13.89% | -46.51% | +32.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 14.92% | -10.46% |
Volatility
CW vs. HRTG - Volatility Comparison
Curtiss-Wright Corporation (CW) and Heritage Insurance Holdings, Inc. (HRTG) have volatilities of 10.40% and 10.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CW | HRTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.40% | 10.07% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 26.00% | 37.66% | -11.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.95% | 57.07% | -24.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.89% | 71.35% | -43.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.31% | 57.93% | -27.62% |
Dividends
CW vs. HRTG - Dividend Comparison
CW's dividend yield for the trailing twelve months is around 0.13%, while HRTG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CW Curtiss-Wright Corporation | 0.13% | 0.17% | 0.23% | 0.35% | 0.45% | 0.51% | 0.58% | 0.47% | 0.59% | 0.46% | 0.53% | 0.76% |
HRTG Heritage Insurance Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 6.67% | 4.08% | 2.37% | 1.81% | 1.63% | 1.33% | 1.47% | 0.23% |
Financials
CW vs. HRTG - Financials Comparison
This section allows you to compare key financial metrics between Curtiss-Wright Corporation and Heritage Insurance Holdings, 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
CW vs. HRTG - Profitability Comparison
CW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported a gross profit of 331.48M and revenue of 913.69M. Therefore, the gross margin over that period was 36.3%.
HRTG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported a gross profit of 0.00 and revenue of 212.66M. Therefore, the gross margin over that period was 0.0%.
CW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported an operating income of 160.42M and revenue of 913.69M, resulting in an operating margin of 17.6%.
HRTG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported an operating income of 50.82M and revenue of 212.66M, resulting in an operating margin of 23.9%.
CW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported a net income of 128.19M and revenue of 913.69M, resulting in a net margin of 14.0%.
HRTG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported a net income of 36.48M and revenue of 212.66M, resulting in a net margin of 17.2%.
Frequently Asked Questions
CW and HRTG have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CW has higher volatility (10.40%) compared to HRTG (10.07%). In terms of maximum drawdown, CW dropped -59.19% vs HRTG's -94.36%.
CW currently has the higher Sharpe Ratio (1.83 vs -0.11), 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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