KNSL vs. USLM

Last updated Jun 3, 2026

KNSL (Kinsale Capital Group, Inc.) and USLM (United States Lime & Minerals, Inc.) are both stocks. KNSL operates in Insurance - Property & Casualty (Financial Services), while USLM operates in Building Materials (Basic Materials). Over the past 5 years, KNSL returned 13.19%/yr vs 31.84%/yr for USLM. At a 0.22 correlation, their price movements are largely independent.

Performance

KNSL vs. USLM - Performance Comparison

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

Returns By Period

In the year-to-date period, KNSL achieves a -24.36% return, which is significantly lower than USLM's -10.29% return.

KNSL

• 1D: -2.68%
• 1M: -5.16%
• YTD: -24.36%
• 6M: -21.27%
• 1Y: -37.42%
• 3Y*: -4.20%
• 5Y*: 13.19%
• 10Y*: —

USLM

• 1D: -3.53%
• 1M: -2.40%
• YTD: -10.29%
• 6M: -8.25%
• 1Y: 5.31%
• 3Y*: 42.67%
• 5Y*: 31.84%
• 10Y*: 26.53%

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

KNSL vs. USLM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KNSL Kinsale Capital Group, Inc.	-24.36%	-15.78%	39.06%	28.27%	10.17%	19.16%	97.28%	83.67%	24.09%	33.20%
USLM United States Lime & Minerals, Inc.	-10.29%	-9.59%	188.91%	64.34%	9.84%	13.69%	27.15%	35.03%	-7.26%	2.47%

Correlation

The correlation between KNSL and USLM is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016	0.22

The correlation between KNSL and USLM shifts across timeframes, from 0.11 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS KNSL : $30.23 USLM : $6.07
PE Ratio KNSL : 9.77 USLM : 17.69
PEG Ratio KNSL : 0.26 USLM : 0.46
PS Ratio KNSL : 2.69 USLM : 6.26
Total Revenue (TTM) KNSL : $1.92B USLM : $369.31M
Gross Profit (TTM) KNSL : $707.86M USLM : $177.91M
EBITDA (TTM) KNSL : $535.93M USLM : $185.83M

Return for Risk

KNSL vs. USLM — Risk / Return Rank

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

KNSL

KNSL Risk / Return Rank: 3
KNSL Sharpe Ratio Rank: 2
KNSL Sortino Ratio Rank: 4
KNSL Omega Ratio Rank: 5
KNSL Calmar Ratio Rank: 4
KNSL Martin Ratio Rank: 2

USLM

USLM Risk / Return Rank: 43
USLM Sharpe Ratio Rank: 45
USLM Sortino Ratio Rank: 40
USLM Omega Ratio Rank: 41
USLM Calmar Ratio Rank: 44
USLM Martin Ratio Rank: 45

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.

KNSL vs. USLM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinsale Capital Group, Inc. (KNSL) and United States Lime & Minerals, Inc. (USLM). 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.

	KNSL	USLM	Difference
Sharpe ratio Return per unit of total volatility	-1.18	0.13	-1.31
Sortino ratio Return per unit of downside risk	-1.71	0.45	-2.16
Omega ratio Gain probability vs. loss probability	0.80	1.06	-0.26
Calmar ratio Return relative to maximum drawdown	-0.94	0.17	-1.12
Martin ratio Return relative to average drawdown	-1.81	0.43	-2.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KNSL vs. USLM - Sharpe Ratio Comparison

The current KNSL Sharpe Ratio is -1.18, which is lower than the USLM Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of KNSL and USLM, 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

	KNSL	USLM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.18	0.13	-1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.89	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.25	+0.62

Drawdowns

KNSL vs. USLM - Drawdown Comparison

The maximum KNSL drawdown since its inception was -45.87%, smaller than the maximum USLM drawdown of -77.09%. Use the drawdown chart below to compare losses from any high point for KNSL and USLM.

Drawdown Indicators

	KNSL	USLM	Difference
Max Drawdown Largest peak-to-trough decline	-45.87%	-77.09%	+31.22%
Max Drawdown (1Y) Largest decline over 1 year	-39.56%	-26.55%	-13.01%
Max Drawdown (3Y) Largest decline over 3 years	-45.87%	-45.87%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-45.87%	-45.87%	0.00%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.87%	—
Current Drawdown Current decline from peak	-45.87%	-31.63%	-14.24%
Average Drawdown Average peak-to-trough decline	-11.83%	-27.35%	+15.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.56%	10.75%	+9.81%

Volatility

KNSL vs. USLM - Volatility Comparison

The current volatility for Kinsale Capital Group, Inc. (KNSL) is 8.32%, while United States Lime & Minerals, Inc. (USLM) has a volatility of 9.08%. This indicates that KNSL experiences smaller price fluctuations and is considered to be less risky than USLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNSL	USLM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.32%	9.08%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	23.60%	32.17%	-8.57%
Volatility (1Y) Calculated over the trailing 1-year period	31.91%	40.58%	-8.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.41%	35.91%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.21%	36.37%	+1.84%

Dividends

KNSL vs. USLM - Dividend Comparison

KNSL's dividend yield for the trailing twelve months is around 0.28%, more than USLM's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KNSL Kinsale Capital Group, Inc.	0.28%	0.17%	0.13%	0.17%	0.20%	0.18%	0.18%	0.31%	0.50%	0.53%	0.29%	0.00%
USLM United States Lime & Minerals, Inc.	0.22%	0.20%	0.15%	0.35%	0.57%	0.50%	0.56%	6.52%	0.76%	0.70%	0.66%	0.91%

Financials

KNSL vs. USLM - Profitability Comparison

The chart below illustrates the profitability comparison between Kinsale Capital Group, Inc. and United States Lime & Minerals, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KNSL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported a gross profit of 0.00 and revenue of 466.71M. Therefore, the gross margin over that period was 0.0%.

USLM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, United States Lime & Minerals, Inc. reported a gross profit of 41.75M and revenue of 87.83M. Therefore, the gross margin over that period was 47.5%.

KNSL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported an operating income of 0.00 and revenue of 466.71M, resulting in an operating margin of 0.0%.

USLM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, United States Lime & Minerals, Inc. reported an operating income of 35.78M and revenue of 87.83M, resulting in an operating margin of 40.7%.

KNSL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported a net income of 112.55M and revenue of 466.71M, resulting in a net margin of 24.1%.

USLM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, United States Lime & Minerals, Inc. reported a net income of 30.58M and revenue of 87.83M, resulting in a net margin of 34.8%.

Frequently Asked Questions

Can I hold both KNSL and USLM in my portfolio?

KNSL and USLM have a correlation of 0.11, 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 USLM?

USLM has higher volatility (9.08%) compared to KNSL (8.32%). In terms of maximum drawdown, KNSL dropped -45.87% vs USLM's -77.09%.

Which has better risk-adjusted returns?

USLM currently has the higher Sharpe Ratio (0.13 vs -1.18), 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.