HRTG vs. ERIE
Compare and contrast key facts about Heritage Insurance Holdings, Inc. (HRTG) and Erie Indemnity Company (ERIE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HRTG or ERIE.
Key characteristics
| HRTG | ERIE | |
|---|---|---|
| YTD Return | 146.32% | 61.77% |
| 1Y Return | 207.66% | 85.28% |
| 3Y Return (Ann) | 38.75% | 45.99% |
| 5Y Return (Ann) | 3.58% | 25.78% |
| 10Y Return (Ann) | 2.71% | 24.27% |
| Sharpe Ratio | 2.77 | 3.50 |
| Daily Std Dev | 74.71% | 25.22% |
| Max Drawdown | -94.36% | -50.74% |
| Current Drawdown | -31.40% | 0.00% |
Fundamentals
| HRTG | ERIE | |
|---|---|---|
| Market Cap | $492.79M | $28.04B |
| EPS | $1.96 | $10.13 |
| PE Ratio | 8.19 | 52.93 |
| PEG Ratio | 0.00 | 3.05 |
| Total Revenue (TTM) | $770.38M | $3.55B |
| Gross Profit (TTM) | $768.14M | $601.91M |
| EBITDA (TTM) | -$20.81M | $608.04M |
Correlation
The correlation between HRTG and ERIE is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HRTG vs. ERIE - Performance Comparison
In the year-to-date period, HRTG achieves a 146.32% return, which is significantly higher than ERIE's 61.77% return. Over the past 10 years, HRTG has underperformed ERIE with an annualized return of 2.71%, while ERIE has yielded a comparatively higher 24.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HRTG vs. ERIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Heritage Insurance Holdings, Inc. (HRTG) and Erie Indemnity Company (ERIE). 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.
Dividends
HRTG vs. ERIE - Dividend Comparison
HRTG has not paid dividends to shareholders, while ERIE's dividend yield for the trailing twelve months is around 0.94%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRTG Heritage Insurance Holdings, Inc. | 0.00% | 0.00% | 6.67% | 4.08% | 2.37% | 1.81% | 1.63% | 1.33% | 1.47% | 0.23% | 0.00% | 0.00% |
ERIE Erie Indemnity Company | 0.94% | 1.42% | 1.79% | 2.15% | 2.37% | 2.15% | 2.50% | 2.55% | 1.93% | 3.58% | 2.78% | 2.41% |
Drawdowns
HRTG vs. ERIE - Drawdown Comparison
The maximum HRTG drawdown since its inception was -94.36%, which is greater than ERIE's maximum drawdown of -50.74%. Use the drawdown chart below to compare losses from any high point for HRTG and ERIE. For additional features, visit the drawdowns tool.
Volatility
HRTG vs. ERIE - Volatility Comparison
Heritage Insurance Holdings, Inc. (HRTG) has a higher volatility of 15.13% compared to Erie Indemnity Company (ERIE) at 6.93%. This indicates that HRTG's price experiences larger fluctuations and is considered to be riskier than ERIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
HRTG vs. ERIE - Financials Comparison
This section allows you to compare key financial metrics between Heritage Insurance Holdings, Inc. and Erie Indemnity Company. 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