LMND vs. HIPO
LMND (Lemonade, Inc.) and HIPO (Hippo Holdings Inc.) are both stocks. Both are in the Financial Services sector — LMND in Insurance - Property & Casualty, HIPO in Insurance - Specialty. Over the past 3 years, LMND returned 39.72%/yr vs 15.37%/yr for HIPO. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
LMND vs. HIPO - Performance Comparison
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Returns By Period
In the year-to-date period, LMND achieves a -25.58% return, which is significantly lower than HIPO's -18.42% return.
LMND
- 1D
- 2.93%
- 1M
- -3.71%
- YTD
- -25.58%
- 6M
- -31.36%
- 1Y
- 32.82%
- 3Y*
- 39.72%
- 5Y*
- -12.81%
- 10Y*
- —
HIPO
- 1D
- -1.13%
- 1M
- -10.14%
- YTD
- -18.42%
- 6M
- -18.17%
- 1Y
- -11.54%
- 3Y*
- 15.37%
- 5Y*
- —
- 10Y*
- —
LMND vs. HIPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LMND Lemonade, Inc. | -25.58% | 94.06% | 127.40% | 17.91% | -67.51% | -51.56% |
HIPO Hippo Holdings Inc. | -18.42% | 12.36% | 193.53% | -32.94% | -80.78% | -71.44% |
Correlation
The correlation between LMND and HIPO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021 | 0.52 |
The correlation between LMND and HIPO has been stable across timeframes, ranging from 0.52 to 0.59 - a consistent structural relationship.
Fundamentals
LMND:
$4.04B
HIPO:
$646.73M
LMND:
-$1.88
HIPO:
$4.30
LMND:
4.77
HIPO:
1.34
LMND:
7.80
HIPO:
1.44
LMND:
$821.10M
HIPO:
$479.80M
LMND:
$390.70M
HIPO:
$194.20M
LMND:
-$120.70M
HIPO:
$116.10M
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Return for Risk
LMND vs. HIPO — Risk / Return Rank
LMND
HIPO
LMND vs. HIPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lemonade, Inc. (LMND) and Hippo Holdings Inc. (HIPO). 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.
| LMND | HIPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.98 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | -0.32 | +1.01 |
| Martin ratioReturn relative to average drawdown | 1.37 | -0.60 | +1.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LMND | HIPO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | -0.28 | +0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | -0.53 | +0.48 |
Drawdowns
LMND vs. HIPO - Drawdown Comparison
The maximum LMND drawdown since its inception was -94.23%, roughly equal to the maximum HIPO drawdown of -97.21%. Use the drawdown chart below to compare losses from any high point for LMND and HIPO.
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Drawdown Indicators
| LMND | HIPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.23% | -97.21% | +2.98% |
Max Drawdown (1Y)Largest decline over 1 year | -47.70% | -36.35% | -11.35% |
Max Drawdown (3Y)Largest decline over 3 years | -56.10% | -61.73% | +5.63% |
Max Drawdown (5Y)Largest decline over 5 years | -90.63% | — | — |
Current DrawdownCurrent decline from peak | -71.10% | -90.09% | +18.99% |
Average DrawdownAverage peak-to-trough decline | -73.08% | -87.48% | +14.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.07% | 19.37% | +4.70% |
Volatility
LMND vs. HIPO - Volatility Comparison
Lemonade, Inc. (LMND) has a higher volatility of 15.80% compared to Hippo Holdings Inc. (HIPO) at 8.58%. This indicates that LMND's price experiences larger fluctuations and is considered to be riskier than HIPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMND | HIPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.80% | 8.58% | +7.22% |
Volatility (6M)Calculated over the trailing 6-month period | 53.71% | 22.82% | +30.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.63% | 41.34% | +43.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.25% | 72.05% | +10.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.17% | 72.05% | +13.12% |
Dividends
LMND vs. HIPO - Dividend Comparison
Neither LMND nor HIPO has paid dividends to shareholders.
Financials
LMND vs. HIPO - Financials Comparison
This section allows you to compare key financial metrics between Lemonade, Inc. and Hippo 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
LMND vs. HIPO - 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%.
HIPO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hippo Holdings Inc. reported a gross profit of 39.10M and revenue of 121.50M. Therefore, the gross margin over that period was 32.2%.
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%.
HIPO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hippo Holdings Inc. reported an operating income of 7.20M and revenue of 121.50M, resulting in an operating margin of 5.9%.
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%.
HIPO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hippo Holdings Inc. reported a net income of 7.10M and revenue of 121.50M, resulting in a net margin of 5.8%.
Frequently Asked Questions
LMND and HIPO 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.
LMND has higher volatility (15.80%) compared to HIPO (8.58%). In terms of maximum drawdown, LMND dropped -94.23% vs HIPO's -97.21%.
LMND currently has the higher Sharpe Ratio (0.39 vs -0.28), 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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