HIPO vs. LMND

Last updated Apr 1, 2026

Compare and contrast key facts about Hippo Holdings Inc. (HIPO) and Lemonade, Inc. (LMND).

Performance

HIPO vs. LMND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hippo Holdings Inc. (HIPO) and Lemonade, Inc. (LMND). The values are adjusted to include any dividend payments, if applicable.

HIPO vs. LMND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HIPO Hippo Holdings Inc.	-13.36%	12.36%	193.53%	-32.94%	-80.78%	-71.44%
LMND Lemonade, Inc.	-11.94%	94.06%	127.40%	17.91%	-67.51%	-51.56%

Fundamentals

EPS HIPO : $2.21 LMND : -$2.35
PS Ratio HIPO : 1.45 LMND : 7.02
Total Revenue (TTM) HIPO : $468.60M LMND : $658.60M
Gross Profit (TTM) HIPO : $142.80M LMND : $281.40M
EBITDA (TTM) HIPO : $63.30M LMND : -$160.80M

Returns By Period

In the year-to-date period, HIPO achieves a -13.36% return, which is significantly lower than LMND's -11.94% return.

HIPO

• 1D: 0.70%
• 1M: -9.39%
• YTD: -13.36%
• 6M: -27.93%
• 1Y: 1.96%
• 3Y*: 17.10%
• 5Y*: —
• 10Y*: —

LMND

• 1D: 6.74%
• 1M: 21.14%
• YTD: -11.94%
• 6M: 17.09%
• 1Y: 99.43%
• 3Y*: 63.81%
• 5Y*: -8.09%
• 10Y*: —

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

Return for Risk

HIPO vs. LMND — Risk / Return Rank

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

HIPO

HIPO Risk / Return Rank: 41
HIPO Sharpe Ratio Rank: 42
HIPO Sortino Ratio Rank: 40
HIPO Omega Ratio Rank: 40
HIPO Calmar Ratio Rank: 42
HIPO Martin Ratio Rank: 41

LMND

LMND Risk / Return Rank: 78
LMND Sharpe Ratio Rank: 78
LMND Sortino Ratio Rank: 81
LMND Omega Ratio Rank: 76
LMND Calmar Ratio Rank: 77
LMND Martin Ratio Rank: 79

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.

HIPO vs. LMND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hippo Holdings Inc. (HIPO) and Lemonade, Inc. (LMND). 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.

	HIPO	LMND	Difference
Sharpe ratio Return per unit of total volatility	0.04	1.15	-1.11
Sortino ratio Return per unit of downside risk	0.41	2.11	-1.70
Omega ratio Gain probability vs. loss probability	1.05	1.25	-0.20
Calmar ratio Return relative to maximum drawdown	0.01	1.95	-1.94
Martin ratio Return relative to average drawdown	0.02	5.37	-5.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIPO vs. LMND - Sharpe Ratio Comparison

The current HIPO Sharpe Ratio is 0.04, which is lower than the LMND Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of HIPO and LMND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HIPO	LMND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.04	1.15	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	-0.02	-0.51

Correlation

The correlation between HIPO and LMND is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HIPO vs. LMND - Dividend Comparison

Neither HIPO nor LMND has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

HIPO vs. LMND - Drawdown Comparison

The maximum HIPO drawdown since its inception was -97.21%, roughly equal to the maximum LMND drawdown of -94.23%. Use the drawdown chart below to compare losses from any high point for HIPO and LMND.

Drawdown Indicators

	HIPO	LMND	Difference
Max Drawdown Largest peak-to-trough decline	-97.21%	-94.23%	-2.98%
Max Drawdown (1Y) Largest decline over 1 year	-33.53%	-47.70%	+14.17%
Max Drawdown (5Y) Largest decline over 5 years	—	-90.63%	—
Current Drawdown Current decline from peak	-89.48%	-65.80%	-23.68%
Average Drawdown Average peak-to-trough decline	-87.41%	-73.24%	-14.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.13%	17.33%	-2.20%

Volatility

HIPO vs. LMND - Volatility Comparison

The current volatility for Hippo Holdings Inc. (HIPO) is 8.02%, while Lemonade, Inc. (LMND) has a volatility of 21.93%. This indicates that HIPO experiences smaller price fluctuations and is considered to be less risky than LMND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIPO	LMND	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.02%	21.93%	-13.91%
Volatility (6M) Calculated over the trailing 6-month period	25.22%	61.63%	-36.41%
Volatility (1Y) Calculated over the trailing 1-year period	47.08%	86.88%	-39.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.13%	82.81%	-9.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.13%	85.72%	-12.59%

Financials

HIPO vs. LMND - Profitability Comparison

The chart below illustrates the profitability comparison between Hippo Holdings Inc. and Lemonade, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HIPO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hippo Holdings Inc. reported a gross profit of 74.90M and revenue of 120.40M. Therefore, the gross margin over that period was 62.2%.

LMND - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lemonade, Inc. reported a gross profit of 80.80M and revenue of 194.50M. Therefore, the gross margin over that period was 41.5%.

HIPO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hippo Holdings Inc. reported an operating income of 6.80M and revenue of 120.40M, resulting in an operating margin of 5.7%.

LMND - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lemonade, Inc. reported an operating income of -36.30M and revenue of 194.50M, resulting in an operating margin of -18.7%.

HIPO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hippo Holdings Inc. reported a net income of 6.00M and revenue of 120.40M, resulting in a net margin of 5.0%.

LMND - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lemonade, Inc. reported a net income of -37.50M and revenue of 194.50M, resulting in a net margin of -19.3%.