HCI vs. WM
HCI (HCI Group, Inc.) and WM (Waste Management, Inc.) are both stocks. HCI operates in Insurance - Property & Casualty (Financial Services), while WM operates in Waste Management (Industrials). Over the past 10 years, HCI returned 19.90%/yr vs 15.51%/yr for WM. At a 0.16 correlation, their price movements are largely independent.
Performance
HCI vs. WM - 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 WM's -0.38% return. Over the past 10 years, HCI has outperformed WM with an annualized return of 19.90%, while WM has yielded a comparatively lower 15.51% 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%
WM
- 1D
- 2.86%
- 1M
- -4.32%
- YTD
- -0.38%
- 6M
- 1.65%
- 1Y
- -7.86%
- 3Y*
- 11.27%
- 5Y*
- 10.77%
- 10Y*
- 15.51%
HCI vs. WM - 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% |
WM Waste Management, Inc. | -0.38% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
Correlation
The correlation between HCI and WM is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2008 | 0.16 |
Fundamentals
HCI:
$1.93B
WM:
$88.16B
HCI:
$24.40
WM:
$6.91
HCI:
6.14
WM:
31.55
HCI:
0.01
WM:
2.58
HCI:
2.08
WM:
3.47
HCI:
1.77
WM:
8.80
HCI:
$927.48M
WM:
$25.41B
HCI:
$617.14M
WM:
$5.61B
HCI:
$459.34M
WM:
$6.96B
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Return for Risk
HCI vs. WM — Risk / Return Rank
HCI
WM
HCI vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCI Group, Inc. (HCI) and Waste Management, Inc. (WM). 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 | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.94 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | -0.46 | +0.16 |
| Martin ratioReturn relative to average drawdown | -0.50 | -1.04 | +0.53 |
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 | WM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | -0.43 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.58 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.80 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.36 | +0.18 |
Drawdowns
HCI vs. WM - Drawdown Comparison
The maximum HCI drawdown since its inception was -78.79%, roughly equal to the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for HCI and WM.
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Drawdown Indicators
| HCI | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.79% | -77.85% | -0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -27.46% | -17.04% | -10.42% |
Max Drawdown (3Y)Largest decline over 3 years | -28.30% | -18.14% | -10.16% |
Max Drawdown (5Y)Largest decline over 5 years | -78.79% | -18.14% | -60.65% |
Max Drawdown (10Y)Largest decline over 10 years | -78.79% | -30.07% | -48.72% |
Current DrawdownCurrent decline from peak | -26.87% | -11.21% | -15.66% |
Average DrawdownAverage peak-to-trough decline | -20.55% | -17.69% | -2.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.50% | 7.92% | +8.58% |
Volatility
HCI vs. WM - Volatility Comparison
HCI Group, Inc. (HCI) has a higher volatility of 6.96% compared to Waste Management, Inc. (WM) at 5.88%. This indicates that HCI's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HCI | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 5.88% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 21.10% | 13.57% | +7.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.96% | 18.59% | +13.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.06% | 18.53% | +24.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.56% | 19.49% | +22.07% |
Dividends
HCI vs. WM - Dividend Comparison
HCI's dividend yield for the trailing twelve months is around 1.07%, less than WM's 1.57% 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% |
WM Waste Management, Inc. | 1.57% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
HCI vs. WM - Financials Comparison
This section allows you to compare key financial metrics between HCI Group, Inc. and Waste Management, 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
HCI vs. WM - Profitability Comparison
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%.
WM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a gross profit of 0.00 and revenue of 6.23B. 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%.
WM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported an operating income of 1.11B and revenue of 6.23B, resulting in an operating margin of 17.9%.
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%.
WM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a net income of 723.00M and revenue of 6.23B, resulting in a net margin of 11.6%.
Frequently Asked Questions
HCI and WM have a correlation of 0.12, 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 WM (5.88%). In terms of maximum drawdown, HCI dropped -78.79% vs WM's -77.85%.
HCI currently has the higher Sharpe Ratio (-0.26 vs -0.42), 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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