HCI vs. VDE

Last updated Jun 4, 2026

HCI (HCI Group, Inc.) is a stock, while VDE (Vanguard Energy ETF) is Energy Equities fund tracking the MSCI US Investable Market Energy 25/50 Index. Over the past 10 years, HCI returned 19.90%/yr vs 9.70%/yr for VDE. At a 0.19 correlation, their price movements are largely independent.

Performance

HCI vs. VDE - Performance Comparison

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

Returns By Period

In the year-to-date period, HCI achieves a -21.44% return, which is significantly lower than VDE's 32.24% return. Over the past 10 years, HCI has outperformed VDE with an annualized return of 19.90%, while VDE has yielded a comparatively lower 9.70% 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%

VDE

• 1D: 1.13%
• 1M: -2.17%
• YTD: 32.24%
• 6M: 29.32%
• 1Y: 45.53%
• 3Y*: 17.97%
• 5Y*: 20.43%
• 10Y*: 9.70%

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

HCI vs. VDE - 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%
VDE Vanguard Energy ETF	32.24%	7.11%	6.75%	0.03%	62.89%	56.31%	-33.02%	9.28%	-19.95%	-2.50%

Correlation

The correlation between HCI and VDE is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Sep 16, 2008	0.19

The correlation between HCI and VDE shifts across timeframes, from -0.01 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HCI vs. VDE — Risk / Return Rank

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

HCI

HCI Risk / Return Rank: 29
HCI Sharpe Ratio Rank: 30
HCI Sortino Ratio Rank: 26
HCI Omega Ratio Rank: 26
HCI Calmar Ratio Rank: 31
HCI Martin Ratio Rank: 31

VDE

VDE Risk / Return Rank: 64
VDE Sharpe Ratio Rank: 66
VDE Sortino Ratio Rank: 60
VDE Omega Ratio Rank: 57
VDE Calmar Ratio Rank: 75
VDE Martin Ratio Rank: 62

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. VDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCI Group, Inc. (HCI) and Vanguard Energy ETF (VDE). 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	VDE	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	2.25	-2.51
Sortino ratio: Return per unit of downside risk	-0.17	2.88	-3.05
Omega ratio: Gain probability vs. loss probability	0.98	1.36	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.30	3.88	-4.18
Martin ratio: Return relative to average drawdown	-0.50	11.42	-11.92
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. VDE - Sharpe Ratio Comparison

The current HCI Sharpe Ratio is -0.26, which is lower than the VDE Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of HCI and VDE, 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	VDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	2.25	-2.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.78	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.33	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.28	+0.26

Drawdowns

HCI vs. VDE - Drawdown Comparison

The maximum HCI drawdown since its inception was -78.79%, which is greater than VDE's maximum drawdown of -74.20%. Use the drawdown chart below to compare losses from any high point for HCI and VDE.

Drawdown Indicators

	HCI	VDE	Difference
Max Drawdown Largest peak-to-trough decline	-78.79%	-74.20%	-4.59%
Max Drawdown (1Y) Largest decline over 1 year	-27.46%	-11.80%	-15.66%
Max Drawdown (3Y) Largest decline over 3 years	-28.30%	-21.41%	-6.89%
Max Drawdown (5Y) Largest decline over 5 years	-78.79%	-26.58%	-52.21%
Max Drawdown (10Y) Largest decline over 10 years	-78.79%	-69.29%	-9.50%
Current Drawdown Current decline from peak	-26.87%	-6.43%	-20.44%
Average Drawdown Average peak-to-trough decline	-20.55%	-19.96%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.50%	4.00%	+12.50%

Volatility

HCI vs. VDE - Volatility Comparison

The current volatility for HCI Group, Inc. (HCI) is 6.96%, while Vanguard Energy ETF (VDE) has a volatility of 7.99%. This indicates that HCI experiences smaller price fluctuations and is considered to be less risky than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCI	VDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	7.99%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	21.10%	16.33%	+4.77%
Volatility (1Y) Calculated over the trailing 1-year period	31.96%	20.38%	+11.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.06%	26.40%	+16.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.56%	29.93%	+11.63%

Dividends

HCI vs. VDE - Dividend Comparison

HCI's dividend yield for the trailing twelve months is around 1.07%, less than VDE's 2.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HCI HCI Group, Inc.	1.07%	0.83%	1.37%	1.83%	4.04%	1.92%	3.06%	3.50%	2.90%	4.68%	3.04%	3.44%
VDE Vanguard Energy ETF	2.37%	3.11%	3.23%	3.34%	3.65%	4.13%	4.76%	3.42%	3.35%	2.90%	2.31%	3.17%

Frequently Asked Questions

Can I hold both HCI and VDE in my portfolio?

HCI and VDE have a correlation of -0.01, 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 VDE?

VDE has higher volatility (7.99%) compared to HCI (6.96%). In terms of maximum drawdown, HCI dropped -78.79% vs VDE's -74.20%.

Which has better risk-adjusted returns?

VDE currently has the higher Sharpe Ratio (2.25 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.