HOPE vs. PFSI

Last updated Jun 4, 2026

HOPE (Hope Bancorp, Inc.) and PFSI (PennyMac Financial Services, Inc.) are both stocks. Both are in the Financial Services sector — HOPE in Banks - Regional, PFSI in Mortgage Finance. Over the past 10 years, HOPE returned 1.58%/yr vs 20.43%/yr for PFSI. At a 0.37 correlation, their price movements are largely independent.

Performance

HOPE vs. PFSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hope Bancorp, Inc. (HOPE) and PennyMac Financial Services, Inc. (PFSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOPE achieves a 13.37% return, which is significantly higher than PFSI's -38.45% return. Over the past 10 years, HOPE has underperformed PFSI with an annualized return of 1.58%, while PFSI has yielded a comparatively higher 20.43% annualized return.

HOPE

• 1D: -2.80%
• 1M: -0.67%
• YTD: 13.37%
• 6M: 13.58%
• 1Y: 26.59%
• 3Y*: 17.32%
• 5Y*: 0.32%
• 10Y*: 1.58%

PFSI

• 1D: -4.09%
• 1M: -10.02%
• YTD: -38.45%
• 6M: -39.38%
• 1Y: -14.40%
• 3Y*: 9.36%
• 5Y*: 7.07%
• 10Y*: 20.43%

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

HOPE vs. PFSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOPE Hope Bancorp, Inc.	13.37%	-5.92%	6.75%	-0.10%	-9.57%	40.48%	-22.02%	30.29%	-32.83%	-14.40%
PFSI PennyMac Financial Services, Inc.	-38.45%	30.55%	16.79%	57.84%	-17.58%	7.69%	95.33%	60.72%	-3.09%	34.23%

Correlation

The correlation between HOPE and PFSI is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 10, 2013	0.37

The correlation between HOPE and PFSI shifts across timeframes, from 0.37 (all time) to 0.50 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HOPE : $1.56B PFSI : $4.34B
EPS HOPE : $0.52 PFSI : $9.41
PE Ratio HOPE : 23.18 PFSI : 8.56
PS Ratio HOPE : 1.58 PFSI : 1.23
PB Ratio HOPE : 0.68 PFSI : 1.00
Total Revenue (TTM) HOPE : $981.58M PFSI : $3.54B
Gross Profit (TTM) HOPE : $490.56M PFSI : $2.50B
EBITDA (TTM) HOPE : $93.75M PFSI : $1.04B

Return for Risk

HOPE vs. PFSI — Risk / Return Rank

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

HOPE

HOPE Risk / Return Rank: 68
HOPE Sharpe Ratio Rank: 70
HOPE Sortino Ratio Rank: 64
HOPE Omega Ratio Rank: 63
HOPE Calmar Ratio Rank: 71
HOPE Martin Ratio Rank: 71

PFSI

PFSI Risk / Return Rank: 29
PFSI Sharpe Ratio Rank: 27
PFSI Sortino Ratio Rank: 28
PFSI Omega Ratio Rank: 27
PFSI Calmar Ratio Rank: 31
PFSI Martin Ratio Rank: 31

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.

HOPE vs. PFSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hope Bancorp, Inc. (HOPE) and PennyMac Financial Services, Inc. (PFSI). 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.

	HOPE	PFSI	Difference
Sharpe ratio Return per unit of total volatility	0.94	-0.31	+1.26
Sortino ratio Return per unit of downside risk	1.46	-0.09	+1.55
Omega ratio Gain probability vs. loss probability	1.19	0.98	+0.20
Calmar ratio Return relative to maximum drawdown	1.72	-0.29	+2.01
Martin ratio Return relative to average drawdown	4.00	-0.56	+4.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOPE vs. PFSI - Sharpe Ratio Comparison

The current HOPE Sharpe Ratio is 0.94, which is higher than the PFSI Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of HOPE and PFSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HOPE	PFSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	-0.31	+1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.19	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.52	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.34	-0.15

Drawdowns

HOPE vs. PFSI - Drawdown Comparison

The maximum HOPE drawdown since its inception was -90.30%, which is greater than PFSI's maximum drawdown of -56.49%. Use the drawdown chart below to compare losses from any high point for HOPE and PFSI.

Drawdown Indicators

	HOPE	PFSI	Difference
Max Drawdown Largest peak-to-trough decline	-90.30%	-56.49%	-33.81%
Max Drawdown (1Y) Largest decline over 1 year	-15.54%	-49.11%	+33.57%
Max Drawdown (3Y) Largest decline over 3 years	-35.12%	-49.11%	+13.99%
Max Drawdown (5Y) Largest decline over 5 years	-53.78%	-49.11%	-4.67%
Max Drawdown (10Y) Largest decline over 10 years	-64.30%	-56.49%	-7.81%
Current Drawdown Current decline from peak	-18.57%	-49.11%	+30.54%
Average Drawdown Average peak-to-trough decline	-29.51%	-17.16%	-12.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.66%	25.77%	-19.11%

Volatility

HOPE vs. PFSI - Volatility Comparison

The current volatility for Hope Bancorp, Inc. (HOPE) is 6.06%, while PennyMac Financial Services, Inc. (PFSI) has a volatility of 9.03%. This indicates that HOPE experiences smaller price fluctuations and is considered to be less risky than PFSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOPE	PFSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.06%	9.03%	-2.97%
Volatility (6M) Calculated over the trailing 6-month period	19.23%	46.33%	-27.10%
Volatility (1Y) Calculated over the trailing 1-year period	28.39%	45.93%	-17.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.80%	36.51%	-3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.94%	39.43%	-4.49%

Dividends

HOPE vs. PFSI - Dividend Comparison

HOPE's dividend yield for the trailing twelve months is around 4.61%, more than PFSI's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOPE Hope Bancorp, Inc.	4.61%	5.11%	4.56%	4.64%	4.37%	3.81%	5.13%	3.77%	4.55%	2.74%	2.06%	2.44%
PFSI PennyMac Financial Services, Inc.	1.49%	0.91%	0.98%	0.91%	1.41%	1.15%	0.82%	0.35%	1.88%	0.00%	0.00%	0.00%

Financials

HOPE vs. PFSI - Profitability Comparison

The chart below illustrates the profitability comparison between Hope Bancorp, Inc. and PennyMac Financial Services, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HOPE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hope Bancorp, Inc. reported a gross profit of 131.91M and revenue of 246.64M. Therefore, the gross margin over that period was 53.5%.

PFSI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PennyMac Financial Services, Inc. reported a gross profit of 530.59M and revenue of 544.98M. Therefore, the gross margin over that period was 97.4%.

HOPE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hope Bancorp, Inc. reported an operating income of 37.92M and revenue of 246.64M, resulting in an operating margin of 15.4%.

PFSI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PennyMac Financial Services, Inc. reported an operating income of 293.10M and revenue of 544.98M, resulting in an operating margin of 53.8%.

HOPE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hope Bancorp, Inc. reported a net income of 29.54M and revenue of 246.64M, resulting in a net margin of 12.0%.

PFSI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PennyMac Financial Services, Inc. reported a net income of 82.32M and revenue of 544.98M, resulting in a net margin of 15.1%.

Frequently Asked Questions

Can I hold both HOPE and PFSI in my portfolio?

HOPE and PFSI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOPE or PFSI?

PFSI has higher volatility (9.03%) compared to HOPE (6.06%). In terms of maximum drawdown, HOPE dropped -90.30% vs PFSI's -56.49%.

Which has better risk-adjusted returns?

HOPE currently has the higher Sharpe Ratio (0.94 vs -0.31), 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.