LMND vs. HIMS
LMND (Lemonade, Inc.) and HIMS (Hims & Hers Health, Inc.) are both stocks. LMND operates in Insurance - Property & Casualty (Financial Services), while HIMS operates in Drug Manufacturers - Specialty & Generic (Healthcare). Over the past 5 years, LMND returned -11.55%/yr vs 17.04%/yr for HIMS. At a 0.42 correlation, their price movements are largely independent.
Performance
LMND vs. HIMS - Performance Comparison
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Returns By Period
In the year-to-date period, LMND achieves a -19.23% return, which is significantly lower than HIMS's -17.40% return.
LMND
- 1D
- 0.54%
- 1M
- 8.74%
- YTD
- -19.23%
- 6M
- -26.15%
- 1Y
- 36.46%
- 3Y*
- 39.69%
- 5Y*
- -11.55%
- 10Y*
- —
HIMS
- 1D
- -7.10%
- 1M
- 11.10%
- YTD
- -17.40%
- 6M
- -27.92%
- 1Y
- -53.07%
- 3Y*
- 43.69%
- 5Y*
- 17.04%
- 10Y*
- —
LMND vs. HIMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LMND Lemonade, Inc. | -19.23% | 94.06% | 127.40% | 17.91% | -67.51% | -65.62% | 144.71% |
HIMS Hims & Hers Health, Inc. | -17.40% | 34.28% | 171.69% | 38.85% | -2.14% | -55.14% | 43.14% |
Correlation
The correlation between LMND and HIMS is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2020 | 0.42 |
Fundamentals
LMND:
$4.39B
HIMS:
$6.12B
LMND:
-$1.88
HIMS:
-$0.05
LMND:
5.18
HIMS:
2.78
LMND:
8.47
HIMS:
13.73
LMND:
$821.10M
HIMS:
$2.37B
LMND:
$390.70M
HIMS:
$1.70B
LMND:
-$120.70M
HIMS:
$16.04M
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Return for Risk
LMND vs. HIMS — Risk / Return Rank
LMND
HIMS
LMND vs. HIMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lemonade, Inc. (LMND) and Hims & Hers Health, Inc. (HIMS). 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.
| LMND | HIMS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.95 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | -0.68 | +1.45 |
| Martin ratioReturn relative to average drawdown | 1.48 | -1.10 | +2.59 |
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Drawdowns
LMND vs. HIMS - Drawdown Comparison
The maximum LMND drawdown since its inception was -94.23%, which is greater than HIMS's maximum drawdown of -87.29%. Use the drawdown chart below to compare losses from any high point for LMND and HIMS.
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Drawdown Indicators
| LMND | HIMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.23% | -87.29% | -6.94% |
Max Drawdown (1Y)Largest decline over 1 year | -47.70% | -78.06% | +30.36% |
Max Drawdown (3Y)Largest decline over 3 years | -56.10% | -78.88% | +22.78% |
Max Drawdown (5Y)Largest decline over 5 years | -90.63% | -78.88% | -11.75% |
Current DrawdownCurrent decline from peak | -68.63% | -60.98% | -7.65% |
Average DrawdownAverage peak-to-trough decline | -73.02% | -43.23% | -29.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.64% | 48.06% | -23.42% |
Volatility
LMND vs. HIMS - Volatility Comparison
The current volatility for Lemonade, Inc. (LMND) is 15.88%, while Hims & Hers Health, Inc. (HIMS) has a volatility of 21.36%. This indicates that LMND experiences smaller price fluctuations and is considered to be less risky than HIMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMND | HIMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.88% | 21.36% | -5.48% |
Volatility (6M)Calculated over the trailing 6-month period | 53.78% | 67.20% | -13.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.53% | 96.46% | -11.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.20% | 83.26% | -1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.51% | 77.20% | +9.31% |
Dividends
LMND vs. HIMS - Dividend Comparison
Neither LMND nor HIMS has paid dividends to shareholders.
Financials
LMND vs. HIMS - Financials Comparison
This section allows you to compare key financial metrics between Lemonade, Inc. and Hims & Hers Health, 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
LMND vs. HIMS - Profitability Comparison
LMND - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lemonade, Inc. reported a gross profit of 101.10M and revenue of 234.40M. Therefore, the gross margin over that period was 43.1%.
HIMS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hims & Hers Health, Inc. reported a gross profit of 396.79M and revenue of 608.10M. Therefore, the gross margin over that period was 65.3%.
LMND - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lemonade, Inc. reported an operating income of -34.60M and revenue of 234.40M, resulting in an operating margin of -14.8%.
HIMS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hims & Hers Health, Inc. reported an operating income of -78.32M and revenue of 608.10M, resulting in an operating margin of -12.9%.
LMND - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lemonade, Inc. reported a net income of -35.80M and revenue of 234.40M, resulting in a net margin of -15.3%.
HIMS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hims & Hers Health, Inc. reported a net income of -92.12M and revenue of 608.10M, resulting in a net margin of -15.2%.
Frequently Asked Questions
LMND and HIMS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIMS has higher volatility (21.36%) compared to LMND (15.88%). In terms of maximum drawdown, LMND dropped -94.23% vs HIMS's -87.29%.
LMND currently has the higher Sharpe Ratio (0.43 vs -0.55), 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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