HRTG vs. HOOD

Last updated Jun 4, 2026

HRTG (Heritage Insurance Holdings, Inc.) and HOOD (Robinhood Markets, Inc.) are both stocks. HRTG operates in Insurance - Property & Casualty (Financial Services), while HOOD operates in Software - Infrastructure (Technology). Over the past 3 years, HRTG returned 63.24%/yr vs 107.01%/yr for HOOD. At a 0.15 correlation, their price movements are largely independent.

Performance

HRTG vs. HOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Heritage Insurance Holdings, Inc. (HRTG) and Robinhood Markets, Inc. (HOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HRTG achieves a -28.64% return, which is significantly lower than HOOD's -26.75% return.

HRTG

• 1D: -1.51%
• 1M: -26.56%
• YTD: -28.64%
• 6M: -25.83%
• 1Y: -15.16%
• 3Y*: 63.24%
• 5Y*: 21.38%
• 10Y*: 6.09%

HOOD

• 1D: -6.02%
• 1M: 8.23%
• YTD: -26.75%
• 6M: -38.01%
• 1Y: 15.52%
• 3Y*: 107.01%
• 5Y*: —
• 10Y*: —

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

HRTG vs. HOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HRTG Heritage Insurance Holdings, Inc.	-28.64%	141.82%	85.58%	262.22%	-68.58%	-17.07%
HOOD Robinhood Markets, Inc.	-26.75%	203.54%	192.46%	56.51%	-54.17%	-48.99%

Correlation

The correlation between HRTG and HOOD is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jul 30, 2021	0.15

The correlation between HRTG and HOOD shifts across timeframes, from 0.03 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HRTG : $641.86M HOOD : $75.81B
EPS HRTG : $6.53 HOOD : $2.07
PE Ratio HRTG : 3.20 HOOD : 40.04
PEG Ratio HRTG : 0.02 HOOD : 0.00
PS Ratio HRTG : 0.76 HOOD : 19.41
PB Ratio HRTG : 1.23 HOOD : 7.83
Total Revenue (TTM) HRTG : $848.47M HOOD : $3.91B
Gross Profit (TTM) HRTG : $333.64M HOOD : $2.86B
EBITDA (TTM) HRTG : $285.21M HOOD : $1.80B

Return for Risk

HRTG vs. HOOD — Risk / Return Rank

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

HRTG

HRTG Risk / Return Rank: 26
HRTG Sharpe Ratio Rank: 29
HRTG Sortino Ratio Rank: 30
HRTG Omega Ratio Rank: 30
HRTG Calmar Ratio Rank: 24
HRTG Martin Ratio Rank: 18

HOOD

HOOD Risk / Return Rank: 47
HOOD Sharpe Ratio Rank: 48
HOOD Sortino Ratio Rank: 49
HOOD Omega Ratio Rank: 47
HOOD Calmar Ratio Rank: 47
HOOD Martin Ratio Rank: 46

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.

HRTG vs. HOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Heritage Insurance Holdings, Inc. (HRTG) and Robinhood Markets, Inc. (HOOD). 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.

	HRTG	HOOD	Difference
Sharpe ratio Return per unit of total volatility	-0.27	0.23	-0.49
Sortino ratio Return per unit of downside risk	0.00	0.83	-0.83
Omega ratio Gain probability vs. loss probability	1.00	1.10	-0.10
Calmar ratio Return relative to maximum drawdown	-0.46	0.27	-0.73
Martin ratio Return relative to average drawdown	-1.07	0.50	-1.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HRTG vs. HOOD - Sharpe Ratio Comparison

The current HRTG Sharpe Ratio is -0.27, which is lower than the HOOD Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of HRTG and HOOD, 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

	HRTG	HOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.27	0.23	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.27	-0.15

Drawdowns

HRTG vs. HOOD - Drawdown Comparison

The maximum HRTG drawdown since its inception was -94.36%, roughly equal to the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for HRTG and HOOD.

Drawdown Indicators

	HRTG	HOOD	Difference
Max Drawdown Largest peak-to-trough decline	-94.36%	-90.21%	-4.15%
Max Drawdown (1Y) Largest decline over 1 year	-32.95%	-57.26%	+24.31%
Max Drawdown (3Y) Largest decline over 3 years	-43.90%	-57.26%	+13.36%
Max Drawdown (5Y) Largest decline over 5 years	-84.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-92.21%	—	—
Current Drawdown Current decline from peak	-32.95%	-45.66%	+12.71%
Average Drawdown Average peak-to-trough decline	-46.56%	-60.99%	+14.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.24%	30.88%	-16.64%

Volatility

HRTG vs. HOOD - Volatility Comparison

Heritage Insurance Holdings, Inc. (HRTG) has a higher volatility of 24.24% compared to Robinhood Markets, Inc. (HOOD) at 21.14%. This indicates that HRTG's price experiences larger fluctuations and is considered to be riskier than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRTG	HOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.24%	21.14%	+3.10%
Volatility (6M) Calculated over the trailing 6-month period	37.86%	50.03%	-12.17%
Volatility (1Y) Calculated over the trailing 1-year period	57.28%	68.61%	-11.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.34%	73.99%	-2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.92%	73.99%	-16.07%

Dividends

HRTG vs. HOOD - Dividend Comparison

Neither HRTG nor HOOD has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOOD Robinhood Markets, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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. HOOD - Profitability Comparison

The chart below illustrates the profitability comparison between Heritage Insurance Holdings, Inc. and Robinhood Markets, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HRTG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported a gross profit of 0.00 and revenue of 212.66M. Therefore, the gross margin over that period was 0.0%.

HOOD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a gross profit of 0.00 and revenue of 359.00M. Therefore, the gross margin over that period was 0.0%.

HRTG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported an operating income of 50.82M and revenue of 212.66M, resulting in an operating margin of 23.9%.

HOOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported an operating income of 0.00 and revenue of 359.00M, resulting in an operating margin of 0.0%.

HRTG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported a net income of 36.48M and revenue of 212.66M, resulting in a net margin of 17.2%.

HOOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a net income of 346.00M and revenue of 359.00M, resulting in a net margin of 96.4%.

Frequently Asked Questions

Can I hold both HRTG and HOOD in my portfolio?

HRTG and HOOD have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HRTG or HOOD?

HRTG has higher volatility (24.24%) compared to HOOD (21.14%). In terms of maximum drawdown, HRTG dropped -94.36% vs HOOD's -90.21%.

Which has better risk-adjusted returns?

HOOD currently has the higher Sharpe Ratio (0.23 vs -0.27), 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.