HG vs. ADEA
HG (Hamilton Insurance Group Ltd.) and ADEA (Adeia Inc) are both stocks. HG operates in Insurance - Reinsurance (Financial Services), while ADEA operates in Software - Application (Technology). Over the past year, HG returned 59.59% vs 133.63% for ADEA. At a 0.15 correlation, their price movements are largely independent.
Performance
HG vs. ADEA - Performance Comparison
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Returns By Period
In the year-to-date period, HG achieves a 22.35% return, which is significantly lower than ADEA's 85.80% return.
HG
- 1D
- -0.03%
- 1M
- 5.38%
- YTD
- 22.35%
- 6M
- 21.31%
- 1Y
- 59.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ADEA
- 1D
- -2.15%
- 1M
- 0.82%
- YTD
- 85.80%
- 6M
- 144.66%
- 1Y
- 133.63%
- 3Y*
- 46.44%
- 5Y*
- 42.19%
- 10Y*
- 16.91%
HG vs. ADEA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HG Hamilton Insurance Group Ltd. | 22.35% | 46.61% | 27.29% | -1.97% |
ADEA Adeia Inc | 85.80% | 25.22% | 14.75% | 38.83% |
Correlation
The correlation between HG and ADEA is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2023 | 0.15 |
Fundamentals
HG:
$8.27
ADEA:
$1.08
HG:
3.86
ADEA:
29.57
HG:
0.07
ADEA:
2.06
HG:
0.84
ADEA:
7.84
HG:
$2.90B
ADEA:
$460.49M
HG:
$1.76B
ADEA:
$312.21M
HG:
$1.36B
ADEA:
$235.56M
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Return for Risk
HG vs. ADEA — Risk / Return Rank
HG
ADEA
HG vs. ADEA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Insurance Group Ltd. (HG) and Adeia Inc (ADEA). 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.
| HG | ADEA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.40 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 3.86 | +0.86 |
| Martin ratioReturn relative to average drawdown | 16.71 | 10.97 | +5.74 |
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Drawdowns
HG vs. ADEA - Drawdown Comparison
The maximum HG drawdown since its inception was -21.07%, smaller than the maximum ADEA drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for HG and ADEA.
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Drawdown Indicators
| HG | ADEA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.07% | -80.75% | +59.68% |
Max Drawdown (1Y)Largest decline over 1 year | -12.69% | -34.81% | +22.12% |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.66% | — |
Current DrawdownCurrent decline from peak | -2.71% | -4.91% | +2.20% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -37.82% | +32.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 12.25% | -8.67% |
Volatility
HG vs. ADEA - Volatility Comparison
The current volatility for Hamilton Insurance Group Ltd. (HG) is 8.69%, while Adeia Inc (ADEA) has a volatility of 23.40%. This indicates that HG experiences smaller price fluctuations and is considered to be less risky than ADEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HG | ADEA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.69% | 23.40% | -14.71% |
Volatility (6M)Calculated over the trailing 6-month period | 18.52% | 50.06% | -31.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.89% | 62.21% | -34.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.39% | 62.42% | -31.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.39% | 56.47% | -25.08% |
Dividends
HG vs. ADEA - Dividend Comparison
HG's dividend yield for the trailing twelve months is around 6.27%, more than ADEA's 0.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADEA Adeia Inc | 0.63% | 1.16% | 1.43% | 1.61% | 0.95% | 1.06% | 2.39% | 4.32% | 4.35% | 3.28% | 1.81% | 2.67% |
HG Hamilton Insurance Group Ltd. | 6.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HG vs. ADEA - Financials Comparison
This section allows you to compare key financial metrics between Hamilton Insurance Group Ltd. and Adeia 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
HG vs. ADEA - Profitability Comparison
HG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported a gross profit of 754.89M and revenue of 758.91M. Therefore, the gross margin over that period was 99.5%.
ADEA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported a gross profit of 0.00 and revenue of 104.77M. Therefore, the gross margin over that period was 0.0%.
HG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported an operating income of 693.42M and revenue of 758.91M, resulting in an operating margin of 91.4%.
ADEA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported an operating income of 34.83M and revenue of 104.77M, resulting in an operating margin of 33.3%.
HG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported a net income of 133.54M and revenue of 758.91M, resulting in a net margin of 17.6%.
ADEA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported a net income of 22.77M and revenue of 104.77M, resulting in a net margin of 21.7%.
Frequently Asked Questions
HG and ADEA have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADEA has higher volatility (23.40%) compared to HG (8.69%). In terms of maximum drawdown, HG dropped -21.07% vs ADEA's -80.75%.
ADEA currently has the higher Sharpe Ratio (2.16 vs 2.15), 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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