HMN vs. SLM
HMN (Horace Mann Educators Corporation) and SLM (SLM Corporation) are both stocks. Both are in the Financial Services sector — HMN in Insurance - Property & Casualty, SLM in Credit Services. Over the past 10 years, HMN returned 8.05%/yr vs 16.26%/yr for SLM. At a 0.32 correlation, their price movements are largely independent.
Performance
HMN vs. SLM - Performance Comparison
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Returns By Period
In the year-to-date period, HMN achieves a 11.66% return, which is significantly higher than SLM's -13.02% return. Over the past 10 years, HMN has underperformed SLM with an annualized return of 8.05%, while SLM has yielded a comparatively higher 16.26% annualized return.
HMN
- 1D
- 3.51%
- 1M
- 9.15%
- YTD
- 11.66%
- 6M
- 10.70%
- 1Y
- 21.23%
- 3Y*
- 24.79%
- 5Y*
- 9.75%
- 10Y*
- 8.05%
SLM
- 1D
- 1.75%
- 1M
- 5.56%
- YTD
- -13.02%
- 6M
- -14.79%
- 1Y
- -25.12%
- 3Y*
- 15.99%
- 5Y*
- 5.68%
- 10Y*
- 16.26%
HMN vs. SLM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HMN Horace Mann Educators Corporation | 11.66% | 21.51% | 24.62% | -8.77% | -0.07% | -5.03% | -0.63% | 19.80% | -12.79% | 5.88% |
SLM SLM Corporation | -13.02% | -0.20% | 47.25% | 18.70% | -13.47% | 60.54% | 40.89% | 8.60% | -26.46% | 2.54% |
Correlation
The correlation between HMN and SLM is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 1991 | 0.32 |
The correlation between HMN and SLM shifts across timeframes, from 0.17 (1 year) to 0.39 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
HMN:
$2.09B
SLM:
$4.60B
HMN:
$3.98
SLM:
$3.63
HMN:
12.76
SLM:
6.41
HMN:
0.22
SLM:
0.97
HMN:
1.27
SLM:
2.12
HMN:
1.42
SLM:
1.89
HMN:
$1.66B
SLM:
$2.25B
HMN:
$869.90M
SLM:
$1.09B
HMN:
$201.30M
SLM:
$599.19M
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Return for Risk
HMN vs. SLM — Risk / Return Rank
HMN
SLM
HMN vs. SLM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Horace Mann Educators Corporation (HMN) and SLM Corporation (SLM). 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.
| HMN | SLM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.90 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | -0.56 | +2.55 |
| Martin ratioReturn relative to average drawdown | 4.27 | -0.99 | +5.26 |
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Drawdowns
HMN vs. SLM - Drawdown Comparison
The maximum HMN drawdown since its inception was -81.68%, smaller than the maximum SLM drawdown of -94.50%. Use the drawdown chart below to compare losses from any high point for HMN and SLM.
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Drawdown Indicators
| HMN | SLM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.68% | -94.50% | +12.82% |
Max Drawdown (1Y)Largest decline over 1 year | -10.73% | -45.06% | +34.33% |
Max Drawdown (3Y)Largest decline over 3 years | -17.14% | -45.06% | +27.92% |
Max Drawdown (5Y)Largest decline over 5 years | -31.09% | -45.06% | +13.97% |
Max Drawdown (10Y)Largest decline over 10 years | -33.47% | -51.79% | +18.32% |
Current DrawdownCurrent decline from peak | 0.00% | -30.99% | +30.99% |
Average DrawdownAverage peak-to-trough decline | -24.41% | -29.89% | +5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 25.42% | -20.41% |
Volatility
HMN vs. SLM - Volatility Comparison
The current volatility for Horace Mann Educators Corporation (HMN) is 6.76%, while SLM Corporation (SLM) has a volatility of 11.40%. This indicates that HMN experiences smaller price fluctuations and is considered to be less risky than SLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HMN | SLM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 11.40% | -4.64% |
Volatility (6M)Calculated over the trailing 6-month period | 14.54% | 29.39% | -14.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.57% | 38.32% | -17.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.06% | 35.93% | -11.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.30% | 36.84% | -9.54% |
Dividends
HMN vs. SLM - Dividend Comparison
HMN's dividend yield for the trailing twelve months is around 2.80%, more than SLM's 2.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMN Horace Mann Educators Corporation | 2.80% | 3.03% | 3.47% | 4.04% | 3.43% | 3.20% | 2.85% | 2.63% | 3.04% | 2.49% | 2.48% | 3.01% |
SLM SLM Corporation | 2.24% | 1.92% | 1.67% | 2.30% | 2.65% | 1.02% | 0.97% | 1.35% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HMN vs. SLM - Financials Comparison
This section allows you to compare key financial metrics between Horace Mann Educators Corporation and SLM Corporation. 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
Frequently Asked Questions
HMN and SLM have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLM has higher volatility (11.40%) compared to HMN (6.76%). In terms of maximum drawdown, HMN dropped -81.68% vs SLM's -94.50%.
HMN currently has the higher Sharpe Ratio (1.04 vs -0.66), 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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