LMND vs. MSFT
LMND (Lemonade, Inc.) and MSFT (Microsoft Corporation) are both stocks. LMND operates in Insurance - Property & Casualty (Financial Services), while MSFT operates in Software - Infrastructure (Technology). Over the past 5 years, LMND returned -6.21%/yr vs 7.62%/yr for MSFT. At a 0.29 correlation, their price movements are largely independent.
Performance
LMND vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, LMND achieves a -0.94% return, which is significantly higher than MSFT's -20.02% return.
LMND
- 1D
- 0.26%
- 1M
- 22.65%
- 6M
- -11.48%
- YTD
- -0.94%
- 1Y
- 84.68%
- 3Y*
- 55.09%
- 5Y*
- -6.21%
- 10Y*
- —
MSFT
- 1D
- 0.19%
- 1M
- -1.44%
- 6M
- -19.29%
- YTD
- -20.02%
- 1Y
- -22.88%
- 3Y*
- 5.84%
- 5Y*
- 7.62%
- 10Y*
- 23.40%
LMND vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LMND Lemonade, Inc. | -0.94% | 94.06% | 127.40% | 17.91% | -67.51% | -65.62% | 144.71% |
MSFT Microsoft Corporation | -20.02% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 9.20% |
Correlation
The correlation between LMND and MSFT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2020 | 0.29 |
Fundamentals
LMND:
$5.42B
MSFT:
$2.86T
LMND:
-$1.87
MSFT:
$16.79
LMND:
6.36
MSFT:
9.02
LMND:
10.39
MSFT:
6.92
LMND:
$821.10M
MSFT:
$318.27B
LMND:
$390.70M
MSFT:
$217.41B
LMND:
-$120.70M
MSFT:
$200.96B
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Return for Risk
LMND vs. MSFT — Risk / Return Rank
LMND
MSFT
LMND vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lemonade, Inc. (LMND) and Microsoft Corporation (MSFT). 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 | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.93 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.86 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | -0.66 | +2.29 |
| Martin ratioReturn relative to average drawdown | 2.98 | -1.24 | +4.22 |
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Drawdowns
LMND vs. MSFT - Drawdown Comparison
The maximum LMND drawdown since its inception was -94.23%, which is greater than MSFT's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for LMND and MSFT.
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Drawdown Indicators
| LMND | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.23% | -69.38% | -24.85% |
Max Drawdown (1Y)Largest decline over 1 year | -47.70% | -34.50% | -13.20% |
Max Drawdown (3Y)Largest decline over 3 years | -56.10% | -34.50% | -21.60% |
Max Drawdown (5Y)Largest decline over 5 years | -88.54% | -37.15% | -51.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.15% | — |
Current DrawdownCurrent decline from peak | -61.52% | -28.51% | -33.01% |
Average DrawdownAverage peak-to-trough decline | -72.92% | -21.80% | -51.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.99% | 18.28% | +7.71% |
Volatility
LMND vs. MSFT - Volatility Comparison
Lemonade, Inc. (LMND) has a higher volatility of 19.69% compared to Microsoft Corporation (MSFT) at 10.57%. This indicates that LMND's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMND | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.69% | 10.57% | +9.12% |
Volatility (6M)Calculated over the trailing 6-month period | 54.56% | 24.20% | +30.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.35% | 27.08% | +57.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.41% | 27.00% | +55.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.37% | 27.16% | +59.21% |
Dividends
LMND vs. MSFT - Dividend Comparison
LMND has not paid dividends to shareholders, while MSFT's dividend yield for the trailing twelve months is around 0.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMND Lemonade, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.92% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Financials
LMND vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Lemonade, Inc. and Microsoft Corporation. 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. MSFT - Profitability Comparison
LMND - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.
LMND - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Lemonade, Inc. reported an operating income of -34.60M and revenue of 234.40M, resulting in an operating margin of -14.8%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.
LMND - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Lemonade, Inc. reported a net income of -35.80M and revenue of 234.40M, resulting in a net margin of -15.3%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.
Frequently Asked Questions
LMND and MSFT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LMND has higher volatility (19.69%) compared to MSFT (10.57%). In terms of maximum drawdown, LMND dropped -94.23% vs MSFT's -69.38%.
LMND currently has the higher Sharpe Ratio (0.92 vs -0.84), 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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