HIPO vs. RDFN

Last updated Jun 13, 2026

HIPO (Hippo Holdings Inc.) and RDFN (Redfin Corporation) are both stocks. HIPO operates in Insurance - Specialty (Financial Services), while RDFN operates in Real Estate - Services (Real Estate). At a 0.32 correlation, their price movements are largely independent.

Performance

HIPO vs. RDFN - Performance Comparison

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

Returns By Period

HIPO

• 1D: 0.27%
• 1M: -3.18%
• YTD: -15.09%
• 6M: -17.80%
• 1Y: -13.60%
• 3Y*: 14.94%
• 5Y*: —
• 10Y*: —

RDFN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HIPO vs. RDFN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HIPO Hippo Holdings Inc.	-15.09%	12.36%	193.53%	-32.94%	-80.78%	-73.43%
RDFN Redfin Corporation	0.00%	42.19%	-23.74%	143.40%	-88.96%	-34.12%

Correlation

The correlation between HIPO and RDFN is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Aug 3, 2021	0.32

Over the past year, the correlation between HIPO and RDFN has dropped to 0.06 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.

Fundamentals

Total Revenue (TTM) HIPO : $479.80M RDFN : $1.04B
Gross Profit (TTM) HIPO : $194.20M RDFN : $364.02M
EBITDA (TTM) HIPO : $116.10M RDFN : -$129.82M

Return for Risk

HIPO vs. RDFN — Risk / Return Rank

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

HIPO

HIPO Risk / Return Rank: 28
HIPO Sharpe Ratio Rank: 28
HIPO Sortino Ratio Rank: 27
HIPO Omega Ratio Rank: 27
HIPO Calmar Ratio Rank: 30
HIPO Martin Ratio Rank: 30

RDFN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. RDFN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hippo Holdings Inc. (HIPO) and Redfin Corporation (RDFN). 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.

	HIPO	RDFN	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	—	—
Sortino ratio: Return per unit of downside risk	-0.25	—	—
Omega ratio: Gain probability vs. loss probability	0.97	—	—
Calmar ratio: Return relative to maximum drawdown	-0.38	—	—
Martin ratio: Return relative to average drawdown	-0.69	—	—

Drawdowns

Drawdown Indicators

	HIPO	RDFN	Difference
Max Drawdown Largest peak-to-trough decline	-97.41%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-36.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-61.73%	—	—
Current Drawdown Current decline from peak	-90.41%	—	—
Average Drawdown Average peak-to-trough decline	-88.29%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	19.81%	—	—

Volatility

Volatility by Period

	HIPO	RDFN	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.39%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.00%	—	—

Dividends

HIPO vs. RDFN - Dividend Comparison

Neither HIPO nor RDFN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both HIPO and RDFN in my portfolio?

HIPO and RDFN have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.