HLF vs. FIGS
HLF (Herbalife Nutrition Ltd.) and FIGS (FIGS, Inc.) are both stocks. HLF operates in Packaged Foods (Consumer Defensive), while FIGS operates in Apparel Manufacturing (Consumer Cyclical). Over the past 5 years, HLF returned -25.81%/yr vs -18.94%/yr for FIGS. At a 0.28 correlation, their price movements are largely independent.
Performance
HLF vs. FIGS - Performance Comparison
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Returns By Period
In the year-to-date period, HLF achieves a -6.21% return, which is significantly lower than FIGS's 5.28% return.
HLF
- 1D
- -0.90%
- 1M
- -7.00%
- YTD
- -6.21%
- 6M
- -17.98%
- 1Y
- 46.37%
- 3Y*
- -1.03%
- 5Y*
- -25.81%
- 10Y*
- -8.54%
FIGS
- 1D
- 6.03%
- 1M
- -2.05%
- YTD
- 5.28%
- 6M
- -0.08%
- 1Y
- 129.56%
- 3Y*
- 11.41%
- 5Y*
- -18.94%
- 10Y*
- —
HLF vs. FIGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HLF Herbalife Nutrition Ltd. | -6.21% | 92.68% | -56.16% | 2.55% | -63.65% | -22.27% |
FIGS FIGS, Inc. | 5.28% | 83.52% | -10.94% | 3.27% | -75.58% | -2.61% |
Correlation
The correlation between HLF and FIGS is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 27, 2021 | 0.28 |
Fundamentals
HLF:
$1.31B
FIGS:
$2.35B
HLF:
$2.29
FIGS:
$0.22
HLF:
5.28
FIGS:
54.44
HLF:
0.25
FIGS:
3.32
HLF:
$5.13B
FIGS:
$666.10M
HLF:
$3.93B
FIGS:
$443.68M
HLF:
$423.60M
FIGS:
$56.86M
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Return for Risk
HLF vs. FIGS — Risk / Return Rank
HLF
FIGS
HLF vs. FIGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Herbalife Nutrition Ltd. (HLF) and FIGS, Inc. (FIGS). 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.
| HLF | FIGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.38 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 3.82 | -2.75 |
| Martin ratioReturn relative to average drawdown | 2.50 | 10.67 | -8.18 |
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Drawdowns
HLF vs. FIGS - Drawdown Comparison
The maximum HLF drawdown since its inception was -91.69%, roughly equal to the maximum FIGS drawdown of -92.77%. Use the drawdown chart below to compare losses from any high point for HLF and FIGS.
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Drawdown Indicators
| HLF | FIGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.69% | -92.77% | +1.08% |
Max Drawdown (1Y)Largest decline over 1 year | -43.39% | -34.11% | -9.28% |
Max Drawdown (3Y)Largest decline over 3 years | -72.73% | -57.56% | -15.17% |
Max Drawdown (5Y)Largest decline over 5 years | -90.58% | -92.77% | +2.19% |
Max Drawdown (10Y)Largest decline over 10 years | -91.69% | — | — |
Current DrawdownCurrent decline from peak | -80.33% | -76.13% | -4.20% |
Average DrawdownAverage peak-to-trough decline | -31.70% | -75.87% | +44.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.62% | 12.19% | +6.43% |
Volatility
HLF vs. FIGS - Volatility Comparison
The current volatility for Herbalife Nutrition Ltd. (HLF) is 12.61%, while FIGS, Inc. (FIGS) has a volatility of 13.33%. This indicates that HLF experiences smaller price fluctuations and is considered to be less risky than FIGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLF | FIGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.61% | 13.33% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 39.52% | 51.28% | -11.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.20% | 62.47% | -1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.85% | 70.12% | -9.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.94% | 70.30% | -20.36% |
Dividends
HLF vs. FIGS - Dividend Comparison
Neither HLF nor FIGS has paid dividends to shareholders.
Financials
HLF vs. FIGS - Financials Comparison
This section allows you to compare key financial metrics between Herbalife Nutrition Ltd. and FIGS, 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
HLF vs. FIGS - Profitability Comparison
HLF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Herbalife Nutrition Ltd. reported a gross profit of 1.03B and revenue of 1.32B. Therefore, the gross margin over that period was 77.9%.
FIGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FIGS, Inc. reported a gross profit of 108.30M and revenue of 159.90M. Therefore, the gross margin over that period was 67.7%.
HLF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Herbalife Nutrition Ltd. reported an operating income of -5.50M and revenue of 1.32B, resulting in an operating margin of -0.4%.
FIGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FIGS, Inc. reported an operating income of 4.48M and revenue of 159.90M, resulting in an operating margin of 2.8%.
HLF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Herbalife Nutrition Ltd. reported a net income of 61.90M and revenue of 1.32B, resulting in a net margin of 4.7%.
FIGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FIGS, Inc. reported a net income of 6.29M and revenue of 159.90M, resulting in a net margin of 3.9%.
Frequently Asked Questions
HLF and FIGS have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIGS has higher volatility (13.33%) compared to HLF (12.61%). In terms of maximum drawdown, HLF dropped -91.69% vs FIGS's -92.77%.
FIGS currently has the higher Sharpe Ratio (2.09 vs 0.76), 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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