HRTG vs. NRG
HRTG (Heritage Insurance Holdings, Inc.) and NRG (NRG Energy, Inc.) are both stocks. HRTG operates in Insurance - Property & Casualty (Financial Services), while NRG operates in Utilities - Independent Power Producers (Utilities). Over the past 10 years, HRTG returned 7.50%/yr vs 26.90%/yr for NRG. At a 0.16 correlation, their price movements are largely independent.
Performance
HRTG vs. NRG - Performance Comparison
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Returns By Period
In the year-to-date period, HRTG achieves a -23.27% return, which is significantly lower than NRG's -20.72% return. Over the past 10 years, HRTG has underperformed NRG with an annualized return of 7.50%, while NRG has yielded a comparatively higher 26.90% 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%
NRG
- 1D
- 1.43%
- 1M
- -4.28%
- YTD
- -20.72%
- 6M
- -21.80%
- 1Y
- -15.96%
- 3Y*
- 57.21%
- 5Y*
- 30.96%
- 10Y*
- 26.90%
HRTG vs. NRG - 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% |
NRG NRG Energy, Inc. | -20.72% | 78.91% | 78.58% | 69.36% | -23.47% | 18.54% | -2.14% | 0.69% | 39.59% | 133.69% |
Correlation
The correlation between HRTG and NRG is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 23, 2014 | 0.16 |
Fundamentals
HRTG:
$690.12M
NRG:
$26.10B
HRTG:
$6.53
NRG:
$1.21
HRTG:
3.44
NRG:
103.60
HRTG:
0.02
NRG:
1.56
HRTG:
0.82
NRG:
0.76
HRTG:
1.33
NRG:
6.18
HRTG:
$848.47M
NRG:
$32.38B
HRTG:
$333.64M
NRG:
$4.69B
HRTG:
$285.21M
NRG:
$2.57B
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Return for Risk
HRTG vs. NRG — Risk / Return Rank
HRTG
NRG
HRTG vs. NRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heritage Insurance Holdings, Inc. (HRTG) and NRG Energy, Inc. (NRG). 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 | NRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.97 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | -0.47 | +0.29 |
| Martin ratioReturn relative to average drawdown | -0.40 | -1.16 | +0.76 |
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Drawdowns
HRTG vs. NRG - Drawdown Comparison
The maximum HRTG drawdown since its inception was -94.36%, which is greater than NRG's maximum drawdown of -79.41%. Use the drawdown chart below to compare losses from any high point for HRTG and NRG.
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Drawdown Indicators
| HRTG | NRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.36% | -79.41% | -14.95% |
Max Drawdown (1Y)Largest decline over 1 year | -32.95% | -34.24% | +1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -43.90% | -34.24% | -9.66% |
Max Drawdown (5Y)Largest decline over 5 years | -84.89% | -34.24% | -50.65% |
Max Drawdown (10Y)Largest decline over 10 years | -92.21% | -48.76% | -43.45% |
Current DrawdownCurrent decline from peak | -27.91% | -31.61% | +3.70% |
Average DrawdownAverage peak-to-trough decline | -46.51% | -27.99% | -18.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.92% | 13.73% | +1.19% |
Volatility
HRTG vs. NRG - Volatility Comparison
The current volatility for Heritage Insurance Holdings, Inc. (HRTG) is 10.07%, while NRG Energy, Inc. (NRG) has a volatility of 15.26%. This indicates that HRTG experiences smaller price fluctuations and is considered to be less risky than NRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HRTG | NRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 15.26% | -5.19% |
Volatility (6M)Calculated over the trailing 6-month period | 37.66% | 35.10% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.07% | 44.88% | +12.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.35% | 40.03% | +31.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.93% | 39.16% | +18.77% |
Dividends
HRTG vs. NRG - Dividend Comparison
HRTG has not paid dividends to shareholders, while NRG's dividend yield for the trailing twelve months is around 1.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NRG NRG Energy, Inc. | 1.46% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
Financials
HRTG vs. NRG - Financials Comparison
This section allows you to compare key financial metrics between Heritage Insurance Holdings, Inc. and NRG Energy, Inc.. 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
HRTG vs. NRG - Profitability Comparison
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%.
NRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a gross profit of 0.00 and revenue of 10.26B. 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%.
NRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported an operating income of 328.00M and revenue of 10.26B, resulting in an operating margin of 3.2%.
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%.
NRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a net income of 125.00M and revenue of 10.26B, resulting in a net margin of 1.2%.
Frequently Asked Questions
HRTG and NRG have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NRG has higher volatility (15.26%) compared to HRTG (10.07%). In terms of maximum drawdown, HRTG dropped -94.36% vs NRG's -79.41%.
HRTG currently has the higher Sharpe Ratio (-0.11 vs -0.36), 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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