HESAY vs. VICI

Last updated Jun 13, 2026

HESAY (Hermes International SA) and VICI (VICI Properties Inc.) are both stocks. HESAY operates in Luxury Goods (Consumer Cyclical), while VICI operates in REIT - Diversified (Real Estate). Over the past 5 years, HESAY returned 7.14%/yr vs 2.53%/yr for VICI. At a 0.24 correlation, their price movements are largely independent.

Performance

HESAY vs. VICI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hermes International SA (HESAY) and VICI Properties Inc. (VICI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HESAY achieves a -20.12% return, which is significantly lower than VICI's 3.07% return.

HESAY

• 1D: 1.27%
• 1M: 7.58%
• YTD: -20.12%
• 6M: -20.92%
• 1Y: -24.62%
• 3Y*: -1.83%
• 5Y*: 7.14%
• 10Y*: 19.56%

VICI

• 1D: 1.53%
• 1M: 2.22%
• YTD: 3.07%
• 6M: 2.76%
• 1Y: -5.76%
• 3Y*: 1.53%
• 5Y*: 2.53%
• 10Y*: —

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

HESAY vs. VICI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HESAY Hermes International SA	-20.12%	4.83%	13.70%	38.27%	-11.23%	63.06%	44.39%	37.55%	4.07%	4.90%
VICI VICI Properties Inc.	3.07%	1.90%	-3.07%	3.58%	13.01%	23.77%	6.00%	43.23%	-3.62%	10.51%

Correlation

The correlation between HESAY and VICI is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Oct 17, 2017	0.24

Fundamentals

Market Cap HESAY : $205.94B VICI : $30.47B
EPS HESAY : €8.67 VICI : $2.92
PE Ratio HESAY : 19.54 VICI : 9.77
PEG Ratio HESAY : 1.17 VICI : 0.55
PS Ratio HESAY : 5.72 VICI : 7.49
PB Ratio HESAY : 9.45 VICI : 1.08
Total Revenue (TTM) HESAY : €31.11B VICI : $4.05B
Gross Profit (TTM) HESAY : €22.00B VICI : $3.01B
EBITDA (TTM) HESAY : €15.00B VICI : $2.90B

Return for Risk

HESAY vs. VICI — Risk / Return Rank

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

HESAY

HESAY Risk / Return Rank: 11
HESAY Sharpe Ratio Rank: 8
HESAY Sortino Ratio Rank: 10
HESAY Omega Ratio Rank: 11
HESAY Calmar Ratio Rank: 15
HESAY Martin Ratio Rank: 12

VICI

VICI Risk / Return Rank: 26
VICI Sharpe Ratio Rank: 24
VICI Sortino Ratio Rank: 21
VICI Omega Ratio Rank: 22
VICI Calmar Ratio Rank: 30
VICI Martin Ratio Rank: 31

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.

HESAY vs. VICI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hermes International SA (HESAY) and VICI Properties Inc. (VICI). 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.

	HESAY	VICI	Difference
Sharpe ratio: Return per unit of total volatility	-0.88	-0.42	-0.46
Sortino ratio: Return per unit of downside risk	-1.15	-0.49	-0.66
Omega ratio: Gain probability vs. loss probability	0.87	0.94	-0.08
Calmar ratio: Return relative to maximum drawdown	-0.74	-0.40	-0.34
Martin ratio: Return relative to average drawdown	-1.32	-0.67	-0.65

HESAY vs. VICI - Sharpe Ratio Comparison

The current HESAY Sharpe Ratio is -0.88, which is lower than the VICI Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of HESAY and VICI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HESAY vs. VICI - Drawdown Comparison

The maximum HESAY drawdown since its inception was -45.60%, smaller than the maximum VICI drawdown of -60.21%. Use the drawdown chart below to compare losses from any high point for HESAY and VICI.

Drawdown Indicators

	HESAY	VICI	Difference
Max Drawdown Largest peak-to-trough decline	-45.60%	-60.21%	+14.61%
Max Drawdown (1Y) Largest decline over 1 year	-36.48%	-17.88%	-18.60%
Max Drawdown (3Y) Largest decline over 3 years	-38.23%	-17.88%	-20.35%
Max Drawdown (5Y) Largest decline over 5 years	-45.60%	-18.61%	-26.99%
Max Drawdown (10Y) Largest decline over 10 years	-45.60%	—	—
Current Drawdown Current decline from peak	-33.22%	-11.98%	-21.24%
Average Drawdown Average peak-to-trough decline	-10.86%	-8.18%	-2.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.32%	10.61%	+9.71%

Volatility

HESAY vs. VICI - Volatility Comparison

Hermes International SA (HESAY) has a higher volatility of 7.31% compared to VICI Properties Inc. (VICI) at 5.69%. This indicates that HESAY's price experiences larger fluctuations and is considered to be riskier than VICI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HESAY	VICI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	5.69%	+1.62%
Volatility (6M) Calculated over the trailing 6-month period	23.41%	12.90%	+10.51%
Volatility (1Y) Calculated over the trailing 1-year period	30.47%	16.83%	+13.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.54%	21.00%	+10.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.98%	29.27%	-1.29%

Dividends

HESAY vs. VICI - Dividend Comparison

HESAY's dividend yield for the trailing twelve months is around 1.07%, less than VICI's 6.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HESAY Hermes International SA	1.07%	1.18%	1.13%	0.67%	0.57%	0.31%	0.46%	0.68%	0.91%	1.55%	1.81%	2.54%
VICI VICI Properties Inc.	6.25%	6.28%	5.80%	5.05%	4.63%	4.58%	4.92%	4.58%	5.31%	0.00%	0.00%	0.00%

Financials

HESAY vs. VICI - Profitability Comparison

The chart below illustrates the profitability comparison between Hermes International SA and VICI Properties Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HESAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hermes International SA reported a gross profit of 5.66B and revenue of 7.91B. Therefore, the gross margin over that period was 71.6%.

VICI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, VICI Properties Inc. reported a gross profit of 0.00 and revenue of 1.02B. Therefore, the gross margin over that period was 0.0%.

HESAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hermes International SA reported an operating income of 3.91B and revenue of 7.91B, resulting in an operating margin of 49.5%.

VICI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, VICI Properties Inc. reported an operating income of 0.00 and revenue of 1.02B, resulting in an operating margin of 0.0%.

HESAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hermes International SA reported a net income of 2.26B and revenue of 7.91B, resulting in a net margin of 28.6%.

VICI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, VICI Properties Inc. reported a net income of 872.39M and revenue of 1.02B, resulting in a net margin of 85.7%.

Frequently Asked Questions

Can I hold both HESAY and VICI in my portfolio?

HESAY and VICI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HESAY or VICI?

HESAY has higher volatility (7.31%) compared to VICI (5.69%). In terms of maximum drawdown, HESAY dropped -45.60% vs VICI's -60.21%.

Which has better risk-adjusted returns?

VICI currently has the higher Sharpe Ratio (-0.42 vs -0.88), 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.