HCI vs. ^GSPC
HCI (HCI Group, Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, HCI returned 19.90%/yr vs 13.66%/yr for ^GSPC. At a 0.27 correlation, their price movements are largely independent.
Performance
HCI vs. ^GSPC - Performance Comparison
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Returns By Period
In the year-to-date period, HCI achieves a -21.44% return, which is significantly lower than ^GSPC's 10.35% return. Over the past 10 years, HCI has outperformed ^GSPC with an annualized return of 19.90%, while ^GSPC has yielded a comparatively lower 13.66% annualized return.
HCI
- 1D
- -1.54%
- 1M
- 0.64%
- YTD
- -21.44%
- 6M
- -16.17%
- 1Y
- -8.31%
- 3Y*
- 41.73%
- 5Y*
- 14.96%
- 10Y*
- 19.90%
^GSPC
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
HCI vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HCI HCI Group, Inc. | -21.44% | 66.27% | 35.46% | 126.76% | -51.20% | 62.74% | 18.45% | -6.80% | 75.98% | -21.53% |
^GSPC S&P 500 Index | 10.35% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between HCI and ^GSPC is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2008 | 0.27 |
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Return for Risk
HCI vs. ^GSPC — Risk / Return Rank
HCI
^GSPC
HCI vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCI Group, Inc. (HCI) and S&P 500 Index (^GSPC). 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.
| HCI | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.50 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.41 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | 2.93 | -3.23 |
| Martin ratioReturn relative to average drawdown | -0.50 | 13.52 | -14.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HCI | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | 2.24 | -2.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.73 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.76 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.47 | +0.07 |
Drawdowns
HCI vs. ^GSPC - Drawdown Comparison
The maximum HCI drawdown since its inception was -78.79%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HCI and ^GSPC.
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Drawdown Indicators
| HCI | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.79% | -56.78% | -22.01% |
Max Drawdown (1Y)Largest decline over 1 year | -27.46% | -9.10% | -18.36% |
Max Drawdown (3Y)Largest decline over 3 years | -28.30% | -18.90% | -9.40% |
Max Drawdown (5Y)Largest decline over 5 years | -78.79% | -25.43% | -53.36% |
Max Drawdown (10Y)Largest decline over 10 years | -78.79% | -33.92% | -44.87% |
Current DrawdownCurrent decline from peak | -26.87% | -0.74% | -26.13% |
Average DrawdownAverage peak-to-trough decline | -20.55% | -10.72% | -9.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.50% | 1.97% | +14.53% |
Volatility
HCI vs. ^GSPC - Volatility Comparison
HCI Group, Inc. (HCI) has a higher volatility of 6.96% compared to S&P 500 Index (^GSPC) at 2.93%. This indicates that HCI's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HCI | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 2.93% | +4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 21.10% | 8.99% | +12.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.96% | 11.89% | +20.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.06% | 16.90% | +26.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.56% | 18.06% | +23.50% |
Frequently Asked Questions
HCI and ^GSPC have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HCI has higher volatility (6.96%) compared to ^GSPC (2.93%). In terms of maximum drawdown, HCI dropped -78.79% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (2.24 vs -0.26), 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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