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HIMS vs. HIMZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HIMS vs. HIMZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hims & Hers Health, Inc. (HIMS) and Defiance Daily Target 2X Long HIMS ETF (HIMZ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HIMS achieves a 3.30% return, which is significantly higher than HIMZ's -42.46% return.


HIMS

1D
-5.44%
1M
41.22%
YTD
3.30%
6M
-4.31%
1Y
-47.77%
3Y*
58.52%
5Y*
24.71%
10Y*

HIMZ

1D
-10.79%
1M
84.86%
YTD
-42.46%
6M
-51.22%
1Y
-93.28%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

HIMS vs. HIMZ - Yearly Performance Comparison


2026 (YTD)2025
HIMS
Hims & Hers Health, Inc.
3.30%-4.30%
HIMZ
Defiance Daily Target 2X Long HIMS ETF
-42.46%-69.65%

Correlation

The correlation between HIMS and HIMZ is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

1.00

Correlation (All Time)
Calculated using the full available price history since Mar 13, 2025

1.00

The correlation between HIMS and HIMZ has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

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Return for Risk

HIMS vs. HIMZ — Risk / Return Rank

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

HIMS
HIMS Risk / Return Rank: 2222
Overall Rank
HIMS Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
HIMS Sortino Ratio Rank: 2525
Sortino Ratio Rank
HIMS Omega Ratio Rank: 2525
Omega Ratio Rank
HIMS Calmar Ratio Rank: 1919
Calmar Ratio Rank
HIMS Martin Ratio Rank: 2121
Martin Ratio Rank

HIMZ
HIMZ Risk / Return Rank: 44
Overall Rank
HIMZ Sharpe Ratio Rank: 55
Sharpe Ratio Rank
HIMZ Sortino Ratio Rank: 55
Sortino Ratio Rank
HIMZ Omega Ratio Rank: 55
Omega Ratio Rank
HIMZ Calmar Ratio Rank: 11
Calmar Ratio Rank
HIMZ Martin Ratio Rank: 33
Martin Ratio Rank
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.

HIMS vs. HIMZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hims & Hers Health, Inc. (HIMS) and Defiance Daily Target 2X Long HIMS ETF (HIMZ). 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.


HIMSHIMZDifference
Sharpe ratioReturn per unit of total volatility

-0.01

Sortino ratioReturn per unit of downside risk

+0.24

Omega ratioGain probability vs. loss probability

0.97

0.94

+0.03

Calmar ratioReturn relative to maximum drawdown

-0.61

-0.96

+0.35

Martin ratioReturn relative to average drawdown

-1.00

-1.25

+0.26

HIMS vs. HIMZ - Sharpe Ratio Comparison

The current HIMS Sharpe Ratio is -0.49, which is comparable to the HIMZ Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of HIMS and HIMZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HIMS vs. HIMZ - Drawdown Comparison

The maximum HIMS drawdown since its inception was -87.29%, smaller than the maximum HIMZ drawdown of -98.18%. Use the drawdown chart below to compare losses from any high point for HIMS and HIMZ.


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Drawdown Indicators


HIMSHIMZDifference

Max Drawdown

Largest peak-to-trough decline

-87.29%

-98.18%

+10.89%

Max Drawdown (1Y)

Largest decline over 1 year

-78.06%

-97.18%

+19.12%

Max Drawdown (3Y)

Largest decline over 3 years

-78.88%

Max Drawdown (5Y)

Largest decline over 5 years

-78.88%

Current Drawdown

Current decline from peak

-51.21%

-93.75%

+42.54%

Average Drawdown

Average peak-to-trough decline

-43.26%

-69.71%

+26.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

48.60%

81.79%

-33.19%

Volatility

HIMS vs. HIMZ - Volatility Comparison

The current volatility for Hims & Hers Health, Inc. (HIMS) is 23.38%, while Defiance Daily Target 2X Long HIMS ETF (HIMZ) has a volatility of 46.24%. This indicates that HIMS experiences smaller price fluctuations and is considered to be less risky than HIMZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HIMSHIMZDifference

Volatility (1M)

Calculated over the trailing 1-month period

23.38%

46.24%

-22.86%

Volatility (6M)

Calculated over the trailing 6-month period

69.21%

136.23%

-67.02%

Volatility (1Y)

Calculated over the trailing 1-year period

97.84%

195.42%

-97.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

83.58%

200.59%

-117.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

77.39%

200.59%

-123.20%

Dividends

HIMS vs. HIMZ - Dividend Comparison

HIMS has not paid dividends to shareholders, while HIMZ's dividend yield for the trailing twelve months is around 4.25%.


PositionTTM2025
HIMS
Hims & Hers Health, Inc.
0.00%0.00%
HIMZ
Defiance Daily Target 2X Long HIMS ETF
4.25%2.44%

Frequently Asked Questions


With a correlation of 1.00, HIMS and HIMZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

HIMZ has higher volatility (46.24%) compared to HIMS (23.38%). In terms of maximum drawdown, HIMS dropped -87.29% vs HIMZ's -98.18%.

HIMZ currently has the higher Sharpe Ratio (-0.48 vs -0.49), 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.

Portfolio Optimizer

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