HRTG vs. AM.PA
HRTG (Heritage Insurance Holdings, Inc.) and AM.PA (Dassault Aviation SA) are both stocks. HRTG operates in Insurance - Property & Casualty (Financial Services), while AM.PA operates in Aerospace & Defense (Industrials). Over the past 10 years, HRTG returned 7.50%/yr vs 19.50%/yr for AM.PA. At a 0.10 correlation, their price movements are largely independent.
Performance
HRTG vs. AM.PA - Performance Comparison
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Different Trading Currencies
HRTG is traded in USD, while AM.PA is traded in EUR. To make them comparable, the AM.PA values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HRTG achieves a -23.27% return, which is significantly lower than AM.PA's 8.65% return. Over the past 10 years, HRTG has underperformed AM.PA with an annualized return of 7.50%, while AM.PA has yielded a comparatively higher 19.50% annualized return.
HRTG
- 1D
- 0.58%
- 1M
- 1.95%
- YTD
- -23.27%
- 6M
- -22.80%
- 1Y
- -5.99%
- 3Y*
- 71.00%
- 5Y*
- 22.01%
- 10Y*
- 7.50%
AM.PA
- 1D
- -1.17%
- 1M
- 5.41%
- YTD
- 8.65%
- 6M
- 9.34%
- 1Y
- -1.01%
- 3Y*
- 24.94%
- 5Y*
- 24.44%
- 10Y*
- 19.50%
HRTG vs. AM.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HRTG Heritage Insurance Holdings, Inc. | -23.27% | 141.82% | 85.58% | 262.22% | -68.58% | -40.09% | -21.80% | -8.50% | -17.06% | 16.94% |
AM.PA Dassault Aviation SA | 8.65% | 59.93% | 4.93% | 18.88% | 59.08% | 12.93% | -16.55% | 14.16% | -2.09% | 53.39% |
Correlation
The correlation between HRTG and AM.PA is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 23, 2014 | 0.10 |
The correlation between HRTG and AM.PA shifts across timeframes, from -0.04 (1 year) to 0.11 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
HRTG vs. AM.PA — Risk / Return Rank
HRTG
AM.PA
HRTG vs. AM.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heritage Insurance Holdings, Inc. (HRTG) and Dassault Aviation SA (AM.PA). 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.
| HRTG | AM.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.02 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | -0.05 | -0.14 |
| Martin ratioReturn relative to average drawdown | -0.40 | -0.10 | -0.31 |
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Drawdowns
HRTG vs. AM.PA - Drawdown Comparison
The maximum HRTG drawdown since its inception was -94.36%, which is greater than AM.PA's maximum drawdown of -58.61%. Use the drawdown chart below to compare losses from any high point for HRTG and AM.PA.
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Drawdown Indicators
| HRTG | AM.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.36% | -58.61% | -35.75% |
Max Drawdown (1Y)Largest decline over 1 year | -32.95% | -21.79% | -11.16% |
Max Drawdown (3Y)Largest decline over 3 years | -43.90% | -22.11% | -21.79% |
Max Drawdown (5Y)Largest decline over 5 years | -84.89% | -35.72% | -49.17% |
Max Drawdown (10Y)Largest decline over 10 years | -92.21% | -58.61% | -33.60% |
Current DrawdownCurrent decline from peak | -27.91% | -16.08% | -11.83% |
Average DrawdownAverage peak-to-trough decline | -46.51% | -13.76% | -32.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.92% | 10.52% | +4.40% |
Volatility
HRTG vs. AM.PA - Volatility Comparison
Heritage Insurance Holdings, Inc. (HRTG) has a higher volatility of 10.07% compared to Dassault Aviation SA (AM.PA) at 8.30%. This indicates that HRTG's price experiences larger fluctuations and is considered to be riskier than AM.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HRTG | AM.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 8.30% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 37.66% | 25.12% | +12.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.07% | 31.78% | +25.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.35% | 30.48% | +40.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.93% | 31.03% | +26.90% |
Dividends
HRTG vs. AM.PA - Dividend Comparison
HRTG has not paid dividends to shareholders, while AM.PA's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AM.PA Dassault Aviation SA | 1.61% | 1.72% | 1.71% | 1.67% | 1.57% | 12.95% | 0.00% | 18.12% | 12.64% | 9.32% | 11.40% | 8.72% |
HRTG Heritage Insurance Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 6.67% | 4.08% | 2.37% | 1.81% | 1.63% | 1.33% | 1.47% | 0.23% |
Financials
HRTG vs. AM.PA - Financials Comparison
This section allows you to compare key financial metrics between Heritage Insurance Holdings, Inc. and Dassault Aviation SA. 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
HRTG and AM.PA have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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