HCI vs. KNSL

Last updated Jun 3, 2026

HCI (HCI Group, Inc.) and KNSL (Kinsale Capital Group, Inc.) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 5 years, HCI returned 15.40%/yr vs 12.72%/yr for KNSL. At a 0.27 correlation, their price movements are largely independent.

Performance

HCI vs. KNSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCI Group, Inc. (HCI) and Kinsale Capital Group, Inc. (KNSL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HCI achieves a -20.21% return, which is significantly higher than KNSL's -25.69% return.

HCI

• 1D: 0.64%
• 1M: 0.16%
• YTD: -20.21%
• 6M: -13.59%
• 1Y: -10.27%
• 3Y*: 42.47%
• 5Y*: 15.40%
• 10Y*: 20.09%

KNSL

• 1D: -1.76%
• 1M: -4.51%
• YTD: -25.69%
• 6M: -22.38%
• 1Y: -38.63%
• 3Y*: -4.76%
• 5Y*: 12.72%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HCI vs. KNSL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HCI HCI Group, Inc.	-20.21%	66.27%	35.46%	126.76%	-51.20%	62.74%	18.45%	-6.80%	75.98%	-21.53%
KNSL Kinsale Capital Group, Inc.	-25.69%	-15.78%	39.06%	28.27%	10.17%	19.16%	97.28%	83.67%	24.09%	33.20%

Correlation

The correlation between HCI and KNSL is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016	0.27

Fundamentals

EPS HCI : $24.40 KNSL : $30.23
PE Ratio HCI : 6.24 KNSL : 9.60
PEG Ratio HCI : 0.01 KNSL : 0.25
PS Ratio HCI : 2.11 KNSL : 2.64
Total Revenue (TTM) HCI : $927.48M KNSL : $1.92B
Gross Profit (TTM) HCI : $617.14M KNSL : $707.86M
EBITDA (TTM) HCI : $459.34M KNSL : $535.93M

Return for Risk

HCI vs. KNSL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HCI

HCI Risk / Return Rank: 27
HCI Sharpe Ratio Rank: 26
HCI Sortino Ratio Rank: 24
HCI Omega Ratio Rank: 24
HCI Calmar Ratio Rank: 30
HCI Martin Ratio Rank: 30

KNSL

KNSL Risk / Return Rank: 3
KNSL Sharpe Ratio Rank: 2
KNSL Sortino Ratio Rank: 3
KNSL Omega Ratio Rank: 5
KNSL Calmar Ratio Rank: 3
KNSL Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HCI vs. KNSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCI Group, Inc. (HCI) and Kinsale Capital Group, Inc. (KNSL). 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	KNSL	Difference
Sharpe ratio Return per unit of total volatility	-0.32	-1.21	+0.89
Sortino ratio Return per unit of downside risk	-0.26	-1.78	+1.53
Omega ratio Gain probability vs. loss probability	0.97	0.79	+0.18
Calmar ratio Return relative to maximum drawdown	-0.33	-0.95	+0.63
Martin ratio Return relative to average drawdown	-0.54	-1.87	+1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HCI vs. KNSL - Sharpe Ratio Comparison

The current HCI Sharpe Ratio is -0.32, which is higher than the KNSL Sharpe Ratio of -1.21. The chart below compares the historical Sharpe Ratios of HCI and KNSL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HCI	KNSL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.32	-1.21	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.33	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.86	-0.32

Drawdowns

HCI vs. KNSL - Drawdown Comparison

The maximum HCI drawdown since its inception was -78.79%, which is greater than KNSL's maximum drawdown of -46.83%. Use the drawdown chart below to compare losses from any high point for HCI and KNSL.

Drawdown Indicators

	HCI	KNSL	Difference
Max Drawdown Largest peak-to-trough decline	-78.79%	-46.83%	-31.96%
Max Drawdown (1Y) Largest decline over 1 year	-27.46%	-40.63%	+13.17%
Max Drawdown (3Y) Largest decline over 3 years	-28.30%	-46.83%	+18.53%
Max Drawdown (5Y) Largest decline over 5 years	-78.79%	-46.83%	-31.96%
Max Drawdown (10Y) Largest decline over 10 years	-78.79%	—	—
Current Drawdown Current decline from peak	-25.72%	-46.83%	+21.11%
Average Drawdown Average peak-to-trough decline	-20.55%	-11.85%	-8.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.66%	20.72%	-4.06%

Volatility

HCI vs. KNSL - Volatility Comparison

The current volatility for HCI Group, Inc. (HCI) is 7.09%, while Kinsale Capital Group, Inc. (KNSL) has a volatility of 8.15%. This indicates that HCI experiences smaller price fluctuations and is considered to be less risky than KNSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCI	KNSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.09%	8.15%	-1.06%
Volatility (6M) Calculated over the trailing 6-month period	21.08%	23.58%	-2.50%
Volatility (1Y) Calculated over the trailing 1-year period	31.96%	31.95%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.05%	38.42%	+4.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.57%	38.21%	+3.36%

Dividends

HCI vs. KNSL - Dividend Comparison

HCI's dividend yield for the trailing twelve months is around 1.05%, more than KNSL's 0.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HCI HCI Group, Inc.	1.05%	0.83%	1.37%	1.83%	4.04%	1.92%	3.06%	3.50%	2.90%	4.68%	3.04%	3.44%
KNSL Kinsale Capital Group, Inc.	0.29%	0.17%	0.13%	0.17%	0.20%	0.18%	0.18%	0.31%	0.50%	0.53%	0.29%	0.00%

Financials

HCI vs. KNSL - Profitability Comparison

The chart below illustrates the profitability comparison between HCI Group, Inc. and Kinsale Capital Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HCI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HCI Group, Inc. reported a gross profit of 177.28M and revenue of 242.88M. Therefore, the gross margin over that period was 73.0%.

KNSL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported a gross profit of 0.00 and revenue of 466.71M. Therefore, the gross margin over that period was 0.0%.

HCI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HCI Group, Inc. reported an operating income of 115.38M and revenue of 242.88M, resulting in an operating margin of 47.5%.

KNSL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported an operating income of 0.00 and revenue of 466.71M, resulting in an operating margin of 0.0%.

HCI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HCI Group, Inc. reported a net income of 85.04M and revenue of 242.88M, resulting in a net margin of 35.0%.

KNSL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported a net income of 112.55M and revenue of 466.71M, resulting in a net margin of 24.1%.

Frequently Asked Questions

Can I hold both HCI and KNSL in my portfolio?

HCI and KNSL have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HCI or KNSL?

KNSL has higher volatility (8.15%) compared to HCI (7.09%). In terms of maximum drawdown, HCI dropped -78.79% vs KNSL's -46.83%.

Which has better risk-adjusted returns?

HCI currently has the higher Sharpe Ratio (-0.32 vs -1.21), 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.