HIG vs. AFG
HIG (The Hartford Financial Services Group, Inc.) and AFG (American Financial Group, Inc.) are both stocks. Both are in the Financial Services sector — HIG in Insurance - Diversified, AFG in Insurance - Property & Casualty. Over the past 10 years, HIG returned 15.92%/yr vs 15.12%/yr for AFG. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
HIG vs. AFG - Performance Comparison
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Returns By Period
In the year-to-date period, HIG achieves a 3.91% return, which is significantly lower than AFG's 7.00% return. Over the past 10 years, HIG has outperformed AFG with an annualized return of 15.92%, while AFG has yielded a comparatively lower 15.12% annualized return.
HIG
- 1D
- -0.80%
- 1M
- 2.95%
- 6M
- 6.02%
- YTD
- 3.91%
- 1Y
- 17.39%
- 3Y*
- 27.73%
- 5Y*
- 19.79%
- 10Y*
- 15.92%
- ALL TIME*
- 8.24%
AFG
- 1D
- 0.01%
- 1M
- -0.10%
- 6M
- 11.51%
- YTD
- 7.00%
- 1Y
- 21.92%
- 3Y*
- 11.56%
- 5Y*
- 10.92%
- 10Y*
- 15.12%
- ALL TIME*
- 10.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $52.06M | $62.68M | $65.16M | |
| $261.78M | $236.14M | $236.36M |
HIG vs. AFG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIG The Hartford Financial Services Group, Inc. | 3.91% | 28.09% | 38.54% | 8.55% | 12.31% | 44.23% | -16.98% | 39.71% | -19.24% | 20.25% |
AFG American Financial Group, Inc. | 7.00% | 5.45% | 23.79% | -7.61% | 10.91% | 93.83% | -16.18% | 27.10% | -13.04% | 29.20% |
Correlation
The correlation between HIG and AFG is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.64 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 1995 | 0.57 |
The correlation between HIG and AFG shifts across timeframes, from 0.57 (all time) to 0.71 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HIG:
$38.90B
AFG:
$11.77B
HIG:
$20.54
AFG:
$10.54
HIG:
6.91
AFG:
13.44
HIG:
1.04
AFG:
1.45
HIG:
$29.03B
AFG:
$8.15B
HIG:
$10.25B
AFG:
$2.64B
HIG:
$4.26B
AFG:
$1.26B
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Return for Risk
HIG vs. AFG — Risk / Return Rank
HIG
AFG
HIG vs. AFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Financial Services Group, Inc. (HIG) and American Financial Group, Inc. (AFG). 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.
| HIG | AFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.18 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.48 | -0.08 |
| Martin ratioReturn relative to average drawdown | 3.44 | 2.77 | +0.67 |
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Drawdowns
HIG vs. AFG - Drawdown Comparison
The maximum HIG drawdown since its inception was -96.25%, which is greater than AFG's maximum drawdown of -62.94%. Use the drawdown chart below to compare losses from any high point for HIG and AFG.
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Drawdown Indicators
| HIG | AFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.25% | -62.94% | -33.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.46% | -13.19% | +1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -13.72% | -19.85% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | -23.85% | +5.22% |
Max Drawdown (10Y)Largest decline over 10 years | -57.59% | -58.98% | +1.39% |
Current DrawdownCurrent decline from peak | -2.59% | -2.17% | -0.42% |
Average DrawdownAverage peak-to-trough decline | -30.72% | -16.70% | -14.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.68% | 7.07% | -2.39% |
Volatility
HIG vs. AFG - Volatility Comparison
The Hartford Financial Services Group, Inc. (HIG) has a higher volatility of 7.06% compared to American Financial Group, Inc. (AFG) at 4.99%. This indicates that HIG's price experiences larger fluctuations and is considered to be riskier than AFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIG | AFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.06% | 4.99% | +2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 15.01% | 12.80% | +2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.29% | 19.01% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.91% | 22.73% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.92% | 30.27% | -1.35% |
Dividends
HIG vs. AFG - Dividend Comparison
HIG's dividend yield for the trailing twelve months is around 1.63%, less than AFG's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFG American Financial Group, Inc. | 4.95% | 5.33% | 6.89% | 6.81% | 10.42% | 20.43% | 4.39% | 4.51% | 4.92% | 4.41% | 2.44% | 2.82% |
HIG The Hartford Financial Services Group, Inc. | 1.63% | 1.57% | 1.76% | 2.17% | 2.08% | 2.08% | 2.65% | 1.97% | 2.47% | 1.67% | 1.80% | 1.79% |
Financials
HIG vs. AFG - Financials Comparison
This section allows you to compare key financial metrics between The Hartford Financial Services Group, Inc. and American Financial Group, 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
HIG vs. AFG - Profitability Comparison
HIG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Hartford Financial Services Group, Inc. reported a gross profit of 0.00 and revenue of 7.26B. Therefore, the gross margin over that period was 0.0%.
AFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, American Financial Group, Inc. reported a gross profit of 948.00M and revenue of 1.85B. Therefore, the gross margin over that period was 51.1%.
HIG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Hartford Financial Services Group, Inc. reported an operating income of 0.00 and revenue of 7.26B, resulting in an operating margin of 0.0%.
AFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, American Financial Group, Inc. reported an operating income of 239.00M and revenue of 1.85B, resulting in an operating margin of 12.9%.
HIG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Hartford Financial Services Group, Inc. reported a net income of 1.30B and revenue of 7.26B, resulting in a net margin of 17.9%.
AFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, American Financial Group, Inc. reported a net income of 191.00M and revenue of 1.85B, resulting in a net margin of 10.3%.
Frequently Asked Questions
HIG and AFG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIG has higher volatility (7.06%) compared to AFG (4.99%). In terms of maximum drawdown, HIG dropped -96.25% vs AFG's -62.94%.
AFG currently has the higher Sharpe Ratio (1.03 vs 0.84), 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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