HIPO vs. UPST
HIPO (Hippo Holdings Inc.) and UPST (Upstart Holdings, Inc.) are both stocks. Both are in the Financial Services sector — HIPO in Insurance - Specialty, UPST in Credit Services. Over the past 3 years, HIPO returned 15.37%/yr vs -1.15%/yr for UPST. At a 0.39 correlation, their price movements are largely independent.
Performance
HIPO vs. UPST - Performance Comparison
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Returns By Period
In the year-to-date period, HIPO achieves a -18.42% return, which is significantly higher than UPST's -29.11% return.
HIPO
- 1D
- -1.13%
- 1M
- -10.14%
- YTD
- -18.42%
- 6M
- -18.17%
- 1Y
- -11.54%
- 3Y*
- 15.37%
- 5Y*
- —
- 10Y*
- —
UPST
- 1D
- 4.24%
- 1M
- 7.04%
- YTD
- -29.11%
- 6M
- -33.92%
- 1Y
- -42.94%
- 3Y*
- -1.15%
- 5Y*
- -27.28%
- 10Y*
- —
HIPO vs. UPST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HIPO Hippo Holdings Inc. | -18.42% | 12.36% | 193.53% | -32.94% | -80.78% | -71.44% |
UPST Upstart Holdings, Inc. | -29.11% | -28.98% | 50.69% | 209.08% | -91.26% | 17.58% |
Correlation
The correlation between HIPO and UPST is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021 | 0.39 |
Fundamentals
HIPO:
$646.73M
UPST:
$3.00B
HIPO:
$4.30
UPST:
$0.47
HIPO:
5.71
UPST:
66.16
HIPO:
1.34
UPST:
2.81
HIPO:
1.44
UPST:
4.10
HIPO:
$479.80M
UPST:
$1.16B
HIPO:
$194.20M
UPST:
$810.61M
HIPO:
$116.10M
UPST:
$67.66M
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Return for Risk
HIPO vs. UPST — Risk / Return Rank
HIPO
UPST
HIPO vs. UPST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hippo Holdings Inc. (HIPO) and Upstart Holdings, Inc. (UPST). 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 | UPST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.93 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | -0.60 | +0.29 |
| Martin ratioReturn relative to average drawdown | -0.60 | -0.91 | +0.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HIPO | UPST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.28 | -0.61 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.53 | 0.01 | -0.54 |
Drawdowns
HIPO vs. UPST - Drawdown Comparison
The maximum HIPO drawdown since its inception was -97.21%, roughly equal to the maximum UPST drawdown of -96.90%. Use the drawdown chart below to compare losses from any high point for HIPO and UPST.
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Drawdown Indicators
| HIPO | UPST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.21% | -96.90% | -0.31% |
Max Drawdown (1Y)Largest decline over 1 year | -36.35% | -71.21% | +34.86% |
Max Drawdown (3Y)Largest decline over 3 years | -61.73% | -72.72% | +10.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -96.90% | — |
Current DrawdownCurrent decline from peak | -90.09% | -92.05% | +1.96% |
Average DrawdownAverage peak-to-trough decline | -87.48% | -76.19% | -11.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.37% | 47.16% | -27.79% |
Volatility
HIPO vs. UPST - Volatility Comparison
The current volatility for Hippo Holdings Inc. (HIPO) is 8.58%, while Upstart Holdings, Inc. (UPST) has a volatility of 21.23%. This indicates that HIPO experiences smaller price fluctuations and is considered to be less risky than UPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIPO | UPST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.58% | 21.23% | -12.65% |
Volatility (6M)Calculated over the trailing 6-month period | 22.82% | 50.15% | -27.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.34% | 71.16% | -29.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.05% | 103.83% | -31.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.05% | 114.00% | -41.95% |
Dividends
HIPO vs. UPST - Dividend Comparison
Neither HIPO nor UPST has paid dividends to shareholders.
Financials
HIPO vs. UPST - Financials Comparison
This section allows you to compare key financial metrics between Hippo Holdings Inc. and Upstart Holdings, 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
HIPO vs. UPST - Profitability Comparison
HIPO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hippo Holdings Inc. reported a gross profit of 39.10M and revenue of 121.50M. Therefore, the gross margin over that period was 32.2%.
UPST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported a gross profit of 0.00 and revenue of 308.21M. Therefore, the gross margin over that period was 0.0%.
HIPO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hippo Holdings Inc. reported an operating income of 7.20M and revenue of 121.50M, resulting in an operating margin of 5.9%.
UPST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported an operating income of -7.52M and revenue of 308.21M, resulting in an operating margin of -2.4%.
HIPO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hippo Holdings Inc. reported a net income of 7.10M and revenue of 121.50M, resulting in a net margin of 5.8%.
UPST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported a net income of -6.65M and revenue of 308.21M, resulting in a net margin of -2.2%.
Frequently Asked Questions
HIPO and UPST have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UPST has higher volatility (21.23%) compared to HIPO (8.58%). In terms of maximum drawdown, HIPO dropped -97.21% vs UPST's -96.90%.
HIPO currently has the higher Sharpe Ratio (-0.28 vs -0.61), 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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