IMBBY vs. HUM

Last updated Jun 4, 2026

IMBBY (Imperial Brands PLC) and HUM (Humana Inc.) are both stocks. IMBBY operates in Tobacco (Consumer Defensive), while HUM operates in Healthcare Plans (Healthcare). Over the past 10 years, IMBBY returned 3.18%/yr vs 6.70%/yr for HUM. At a 0.14 correlation, their price movements are largely independent.

Performance

IMBBY vs. HUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Imperial Brands PLC (IMBBY) and Humana Inc. (HUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IMBBY achieves a -11.04% return, which is significantly lower than HUM's 28.53% return. Over the past 10 years, IMBBY has underperformed HUM with an annualized return of 3.18%, while HUM has yielded a comparatively higher 6.70% annualized return.

IMBBY

• 1D: 0.08%
• 1M: -3.17%
• YTD: -11.04%
• 6M: -14.21%
• 1Y: 0.26%
• 3Y*: 26.88%
• 5Y*: 17.42%
• 10Y*: 3.18%

HUM

• 1D: 2.08%
• 1M: 37.64%
• YTD: 28.53%
• 6M: 28.57%
• 1Y: 42.54%
• 3Y*: -13.29%
• 5Y*: -4.20%
• 10Y*: 6.70%

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

IMBBY vs. HUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IMBBY Imperial Brands PLC	-11.04%	38.90%	47.56%	0.53%	22.09%	14.14%	-6.19%	-10.65%	-23.41%	2.89%
HUM Humana Inc.	28.53%	2.36%	-43.96%	-9.94%	11.15%	13.80%	12.71%	28.94%	16.27%	22.60%

Correlation

The correlation between IMBBY and HUM is 0.02, 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	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.14

The correlation between IMBBY and HUM shifts across timeframes, from 0.02 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IMBBY : $29.06B HUM : $39.52B
EPS IMBBY : $5.30 HUM : $9.37
PE Ratio IMBBY : 6.86 HUM : 34.97
PS Ratio IMBBY : 0.78 HUM : 0.29
PB Ratio IMBBY : 7.20 HUM : 2.13
Total Revenue (TTM) IMBBY : $38.07B HUM : $137.20B
Gross Profit (TTM) IMBBY : $13.55B HUM : $13.28B
EBITDA (TTM) IMBBY : $8.33B HUM : $2.82B

Return for Risk

IMBBY vs. HUM — Risk / Return Rank

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

IMBBY

IMBBY Risk / Return Rank: 38
IMBBY Sharpe Ratio Rank: 41
IMBBY Sortino Ratio Rank: 34
IMBBY Omega Ratio Rank: 33
IMBBY Calmar Ratio Rank: 40
IMBBY Martin Ratio Rank: 40

HUM

HUM Risk / Return Rank: 63
HUM Sharpe Ratio Rank: 68
HUM Sortino Ratio Rank: 62
HUM Omega Ratio Rank: 66
HUM Calmar Ratio Rank: 59
HUM Martin Ratio Rank: 59

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.

IMBBY vs. HUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Imperial Brands PLC (IMBBY) and Humana Inc. (HUM). 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.

	IMBBY	HUM	Difference
Sharpe ratio Return per unit of total volatility	0.01	0.87	-0.86
Sortino ratio Return per unit of downside risk	0.16	1.37	-1.22
Omega ratio Gain probability vs. loss probability	1.02	1.20	-0.19
Calmar ratio Return relative to maximum drawdown	0.01	0.91	-0.89
Martin ratio Return relative to average drawdown	0.04	1.87	-1.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMBBY vs. HUM - Sharpe Ratio Comparison

The current IMBBY Sharpe Ratio is 0.01, which is lower than the HUM Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of IMBBY and HUM, 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

	IMBBY	HUM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	0.87	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	-0.11	+0.95
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.19	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.22	-0.06

Drawdowns

IMBBY vs. HUM - Drawdown Comparison

The maximum IMBBY drawdown since its inception was -65.19%, smaller than the maximum HUM drawdown of -85.10%. Use the drawdown chart below to compare losses from any high point for IMBBY and HUM.

Drawdown Indicators

	IMBBY	HUM	Difference
Max Drawdown Largest peak-to-trough decline	-65.19%	-85.10%	+19.91%
Max Drawdown (1Y) Largest decline over 1 year	-18.45%	-47.18%	+28.73%
Max Drawdown (3Y) Largest decline over 3 years	-18.89%	-67.92%	+49.03%
Max Drawdown (5Y) Largest decline over 5 years	-21.66%	-69.92%	+48.26%
Max Drawdown (10Y) Largest decline over 10 years	-64.99%	-69.92%	+4.93%
Current Drawdown Current decline from peak	-17.96%	-39.49%	+21.53%
Average Drawdown Average peak-to-trough decline	-26.22%	-27.15%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.26%	22.79%	-15.53%

Volatility

IMBBY vs. HUM - Volatility Comparison

The current volatility for Imperial Brands PLC (IMBBY) is 7.54%, while Humana Inc. (HUM) has a volatility of 15.20%. This indicates that IMBBY experiences smaller price fluctuations and is considered to be less risky than HUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IMBBY	HUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	15.20%	-7.66%
Volatility (6M) Calculated over the trailing 6-month period	16.17%	38.83%	-22.66%
Volatility (1Y) Calculated over the trailing 1-year period	20.66%	48.96%	-28.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.02%	37.37%	-16.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.32%	34.59%	-10.27%

Dividends

IMBBY vs. HUM - Dividend Comparison

IMBBY's dividend yield for the trailing twelve months is around 5.98%, more than HUM's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HUM Humana Inc.	1.08%	1.38%	1.40%	0.77%	0.62%	0.60%	0.61%	0.60%	0.70%	0.76%	0.43%	0.64%
IMBBY Imperial Brands PLC	5.98%	5.37%	6.04%	7.62%	7.03%	8.58%	9.92%	10.41%	7.93%	5.03%	4.54%	0.00%

Financials

IMBBY vs. HUM - Profitability Comparison

The chart below illustrates the profitability comparison between Imperial Brands PLC and Humana Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IMBBY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Imperial Brands PLC reported a gross profit of 3.04B and revenue of 9.22B. Therefore, the gross margin over that period was 33.0%.

HUM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Humana Inc. reported a gross profit of 0.00 and revenue of 39.65B. Therefore, the gross margin over that period was 0.0%.

IMBBY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Imperial Brands PLC reported an operating income of 1.47B and revenue of 9.22B, resulting in an operating margin of 15.9%.

HUM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Humana Inc. reported an operating income of 1.75B and revenue of 39.65B, resulting in an operating margin of 4.4%.

IMBBY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Imperial Brands PLC reported a net income of 482.14M and revenue of 9.22B, resulting in a net margin of 5.2%.

HUM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Humana Inc. reported a net income of 1.19B and revenue of 39.65B, resulting in a net margin of 3.0%.

Frequently Asked Questions

Can I hold both IMBBY and HUM in my portfolio?

IMBBY and HUM have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IMBBY or HUM?

HUM has higher volatility (15.20%) compared to IMBBY (7.54%). In terms of maximum drawdown, IMBBY dropped -65.19% vs HUM's -85.10%.

Which has better risk-adjusted returns?

HUM currently has the higher Sharpe Ratio (0.87 vs 0.01), 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.