KNSL vs. RLI

Last updated Aug 1, 2026

KNSL (Kinsale Capital Group, Inc.) and RLI (RLI Corp.) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, KNSL returned 34.79%/yr vs 10.11%/yr for RLI. Their 0.54 correlation means they have sometimes moved together and sometimes differently.

Performance

KNSL vs. RLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinsale Capital Group, Inc. (KNSL) and RLI Corp. (RLI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KNSL achieves a -8.74% return, which is significantly lower than RLI's 0.21% return. Over the past 10 years, KNSL has outperformed RLI with an annualized return of 34.79%, while RLI has yielded a comparatively lower 10.11% annualized return.

KNSL

• 1D: 0.15%
• 1M: 0.44%
• 6M: -9.83%
• YTD: -8.74%
• 1Y: -19.63%
• 3Y*: -1.38%
• 5Y*: 15.03%
• 10Y*: 34.79%
• ALL TIME*: 35.20%

RLI

• 1D: 0.02%
• 1M: -2.05%
• 6M: 9.72%
• YTD: 0.21%
• 1Y: 0.94%
• 3Y*: 1.43%
• 5Y*: 7.22%
• 10Y*: 10.11%
• ALL TIME*: 16.15%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KNSL Kinsale Capital Group, Inc.	$132.97M	$112.33M	$108.65M
RLI RLI Corp.	$69.39M	$58.23M	$55.37M

KNSL vs. RLI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KNSL Kinsale Capital Group, Inc.	-8.74%	-15.78%	39.06%	28.27%	10.17%	19.16%	97.28%	83.67%	24.09%	33.20%
RLI RLI Corp.	0.21%	-19.13%	27.57%	3.77%	24.80%	10.67%	18.08%	33.22%	16.69%	0.38%

Correlation

The correlation between KNSL and RLI is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.59
Correlation (3Y) Balances recent behavior with more history.	0.58
Correlation (5Y) Shows whether the relationship held over a longer period.	0.57
Correlation (10Y) Provides a long-term view across more market conditions.	0.54
Correlation (All Time) Calculated using the full available price history since Jul 28, 2016	0.54

The correlation between KNSL and RLI has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.

Fundamentals

Market Cap KNSL : $8.12B RLI : $5.62B
EPS KNSL : $24.65 RLI : $4.76
PE Ratio KNSL : 14.46 RLI : 12.87
PEG Ratio KNSL : 0.38 RLI : 0.58
PS Ratio KNSL : 4.12 RLI : 3.91
PB Ratio KNSL : 3.99 RLI : 0.88
Total Revenue (TTM) KNSL : $2.00B RLI : $1.44B
Gross Profit (TTM) KNSL : $681.47M RLI : $552.03M
EBITDA (TTM) KNSL : $507.91M RLI : $432.02M

Return for Risk

KNSL vs. RLI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KNSL

KNSL Risk / Return Rank: 23
KNSL Sharpe Ratio Rank: 20
KNSL Sortino Ratio Rank: 20
KNSL Omega Ratio Rank: 21
KNSL Calmar Ratio Rank: 27
KNSL Martin Ratio Rank: 28

RLI

RLI Risk / Return Rank: 43
RLI Sharpe Ratio Rank: 45
RLI Sortino Ratio Rank: 39
RLI Omega Ratio Rank: 38
RLI Calmar Ratio Rank: 45
RLI Martin Ratio Rank: 45

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KNSL vs. RLI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinsale Capital Group, Inc. (KNSL) and RLI Corp. (RLI). 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.

	KNSL	RLI	Difference
Sharpe ratio: Return per unit of total volatility	-0.54	0.03	-0.57
Sortino ratio: Return per unit of downside risk	-0.57	0.22	-0.80
Omega ratio: Gain probability vs. loss probability	0.93	1.03	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.48	0.03	-0.51
Martin ratio: Return relative to average drawdown	-0.83	0.07	-0.90

KNSL vs. RLI - Sharpe Ratio Comparison

The current KNSL Sharpe Ratio is -0.54, which is lower than the RLI Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of KNSL and RLI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KNSL vs. RLI - Drawdown Comparison

The maximum KNSL drawdown since its inception was -46.83%, which is greater than RLI's maximum drawdown of -43.50%. Use the drawdown chart below to compare losses from any high point for KNSL and RLI.

Drawdown Indicators

	KNSL	RLI	Difference
Max Drawdown Largest peak-to-trough decline	-46.83%	-43.50%	-3.33%
Max Drawdown (1Y) Largest decline over 1 year	-39.30%	-27.95%	-11.35%
Max Drawdown (3Y) Largest decline over 3 years	-46.83%	-43.50%	-3.33%
Max Drawdown (5Y) Largest decline over 5 years	-46.83%	-43.50%	-3.33%
Max Drawdown (10Y) Largest decline over 10 years	-46.83%	-43.50%	-3.33%
Current Drawdown Current decline from peak	-34.69%	-24.36%	-10.33%
Average Drawdown Average peak-to-trough decline	-12.28%	-9.92%	-2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.83%	11.32%	+11.51%

Volatility

KNSL vs. RLI - Volatility Comparison

Kinsale Capital Group, Inc. (KNSL) has a higher volatility of 14.29% compared to RLI Corp. (RLI) at 12.23%. This indicates that KNSL's price experiences larger fluctuations and is considered to be riskier than RLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNSL	RLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.29%	12.23%	+2.06%
Volatility (6M) Calculated over the trailing 6-month period	27.17%	20.94%	+6.23%
Volatility (1Y) Calculated over the trailing 1-year period	35.34%	25.77%	+9.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.87%	23.71%	+15.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.35%	26.81%	+11.54%

Dividends

KNSL vs. RLI - Dividend Comparison

KNSL's dividend yield for the trailing twelve months is around 0.24%, less than RLI's 7.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KNSL Kinsale Capital Group, Inc.	0.24%	0.17%	0.13%	0.17%	0.20%	0.18%	0.18%	0.31%	0.50%	0.53%	0.29%	0.00%
RLI RLI Corp.	7.61%	4.11%	3.12%	2.31%	6.12%	2.67%	1.87%	2.12%	2.71%	4.25%	4.42%	4.45%

Financials

Frequently Asked Questions

Can I hold both KNSL and RLI in my portfolio?

KNSL and RLI have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNSL or RLI?

KNSL has higher volatility (14.29%) compared to RLI (12.23%). In terms of maximum drawdown, KNSL dropped -46.83% vs RLI's -43.50%.

Which has better risk-adjusted returns?

RLI currently has the higher Sharpe Ratio (0.03 vs -0.54), 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.