III.L vs. HRTG
III.L (3I Group plc) and HRTG (Heritage Insurance Holdings, Inc.) are both stocks. Both are in the Financial Services sector — III.L in Investment Banking & Investment Services, HRTG in Insurance - Property & Casualty. Over the past 10 years, III.L returned 19.84%/yr vs 8.05%/yr for HRTG. At a 0.11 correlation, their price movements are largely independent.
Performance
III.L vs. HRTG - Performance Comparison
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Different Trading Currencies
III.L is traded in GBp, while HRTG is traded in USD. To make them comparable, the HRTG values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, III.L achieves a -29.24% return, which is significantly lower than HRTG's -22.88% return. Over the past 10 years, III.L has outperformed HRTG with an annualized return of 19.84%, while HRTG has yielded a comparatively lower 8.05% annualized return.
III.L
- 1D
- 3.78%
- 1M
- -4.63%
- YTD
- -29.24%
- 6M
- -26.18%
- 1Y
- -43.66%
- 3Y*
- 7.01%
- 5Y*
- 16.34%
- 10Y*
- 19.84%
HRTG
- 1D
- 0.67%
- 1M
- 2.85%
- YTD
- -22.88%
- 6M
- -22.99%
- 1Y
- -4.50%
- 3Y*
- 67.55%
- 5Y*
- 23.27%
- 10Y*
- 8.05%
III.L vs. HRTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
III.L 3I Group plc | -29.24% | -6.44% | 50.11% | 85.46% | -3.46% | 28.99% | 9.36% | 47.12% | -11.76% | 33.70% |
HRTG Heritage Insurance Holdings, Inc. | -22.88% | 124.59% | 88.82% | 244.12% | -64.84% | -39.53% | -24.10% | -11.98% | -12.14% | 6.83% |
Correlation
The correlation between III.L and HRTG is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since May 23, 2014 | 0.11 |
Fundamentals
III.L:
£23.50B
HRTG:
$690.12M
III.L:
£10.41
HRTG:
$6.53
III.L:
2.22
HRTG:
3.44
III.L:
0.27
HRTG:
0.02
III.L:
10.82
HRTG:
0.82
III.L:
0.76
HRTG:
1.33
III.L:
£2.12B
HRTG:
$848.47M
III.L:
£5.57B
HRTG:
$333.64M
III.L:
£9.82B
HRTG:
$285.21M
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Return for Risk
III.L vs. HRTG — Risk / Return Rank
III.L
HRTG
III.L vs. HRTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 3I Group plc (III.L) and Heritage Insurance Holdings, Inc. (HRTG). 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.
| III.L | HRTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.04 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.13 | -0.69 |
| Martin ratioReturn relative to average drawdown | -1.63 | -0.29 | -1.34 |
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Drawdowns
III.L vs. HRTG - Drawdown Comparison
The maximum III.L drawdown since its inception was -84.90%, smaller than the maximum HRTG drawdown of -92.37%. Use the drawdown chart below to compare losses from any high point for III.L and HRTG.
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Drawdown Indicators
| III.L | HRTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.90% | -92.37% | +7.47% |
Max Drawdown (1Y)Largest decline over 1 year | -52.78% | -34.18% | -18.60% |
Max Drawdown (3Y)Largest decline over 3 years | -52.78% | -44.29% | -8.49% |
Max Drawdown (5Y)Largest decline over 5 years | -52.78% | -81.68% | +28.90% |
Max Drawdown (10Y)Largest decline over 10 years | -52.78% | -90.84% | +38.06% |
Current DrawdownCurrent decline from peak | -47.63% | -29.15% | -18.48% |
Average DrawdownAverage peak-to-trough decline | -23.08% | -40.03% | +16.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.82% | 15.55% | +11.27% |
Volatility
III.L vs. HRTG - Volatility Comparison
3I Group plc (III.L) has a higher volatility of 19.01% compared to Heritage Insurance Holdings, Inc. (HRTG) at 10.55%. This indicates that III.L's price experiences larger fluctuations and is considered to be riskier than HRTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| III.L | HRTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.01% | 10.55% | +8.46% |
Volatility (6M)Calculated over the trailing 6-month period | 37.16% | 38.54% | -1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.35% | 57.44% | -14.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.78% | 70.81% | -40.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.35% | 57.93% | -27.58% |
Dividends
III.L vs. HRTG - Dividend Comparison
III.L's dividend yield for the trailing twelve months is around 3.42%, while HRTG has not paid dividends to shareholders.
| 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% |
III.L 3I Group plc | 3.42% | 2.42% | 1.82% | 2.32% | 3.76% | 2.78% | 3.02% | 3.42% | 4.78% | 2.90% | 3.41% | 2.37% |
Financials
III.L vs. HRTG - Financials Comparison
This section allows you to compare key financial metrics between 3I Group plc and Heritage Insurance Holdings, 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
Frequently Asked Questions
III.L and HRTG have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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