MCY vs. UVE
MCY (Mercury General Corporation) and UVE (Universal Insurance Holdings, Inc.) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, MCY returned 11.59%/yr vs 11.88%/yr for UVE. At a 0.32 correlation, their price movements are largely independent.
Performance
MCY vs. UVE - Performance Comparison
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Returns By Period
In the year-to-date period, MCY achieves a 10.40% return, which is significantly lower than UVE's 14.34% return. Both investments have delivered pretty close results over the past 10 years, with MCY having a 11.59% annualized return and UVE not far ahead at 11.88%.
MCY
- 1D
- 0.47%
- 1M
- 2.42%
- YTD
- 10.40%
- 6M
- 8.99%
- 1Y
- 63.30%
- 3Y*
- 53.29%
- 5Y*
- 14.39%
- 10Y*
- 11.59%
UVE
- 1D
- 0.58%
- 1M
- -1.69%
- YTD
- 14.34%
- 6M
- 11.60%
- 1Y
- 48.79%
- 3Y*
- 39.71%
- 5Y*
- 28.20%
- 10Y*
- 11.88%
MCY vs. UVE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCY Mercury General Corporation | 10.40% | 44.10% | 82.26% | 13.59% | -32.61% | 6.18% | 13.44% | -1.23% | 1.68% | -7.23% |
UVE Universal Insurance Holdings, Inc. | 14.34% | 65.32% | 36.80% | 58.14% | -33.52% | 18.39% | -43.50% | -24.24% | 41.44% | -0.88% |
Correlation
The correlation between MCY and UVE is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2003 | 0.32 |
Over the past year, MCY and UVE have become more correlated (0.62) than their long-term average of 0.32, meaning their price movements have been converging.
Fundamentals
MCY:
$11.73
UVE:
$9.07
MCY:
8.80
UVE:
4.23
MCY:
0.11
UVE:
0.04
MCY:
1.24
UVE:
0.52
MCY:
$4.60B
UVE:
$1.60B
MCY:
$2.09B
UVE:
$346.30M
MCY:
$885.13M
UVE:
$272.42M
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Return for Risk
MCY vs. UVE — Risk / Return Rank
MCY
UVE
MCY vs. UVE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercury General Corporation (MCY) and Universal Insurance Holdings, Inc. (UVE). 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.
| MCY | UVE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.94 | 2.76 | +2.18 |
| Martin ratioReturn relative to average drawdown | 13.56 | 5.75 | +7.81 |
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Drawdowns
MCY vs. UVE - Drawdown Comparison
The maximum MCY drawdown since its inception was -68.83%, smaller than the maximum UVE drawdown of -80.46%. Use the drawdown chart below to compare losses from any high point for MCY and UVE.
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Drawdown Indicators
| MCY | UVE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.83% | -80.46% | +11.63% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -17.74% | +4.87% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -25.75% | -14.24% |
Max Drawdown (5Y)Largest decline over 5 years | -54.32% | -54.23% | -0.09% |
Max Drawdown (10Y)Largest decline over 10 years | -55.28% | -79.58% | +24.30% |
Current DrawdownCurrent decline from peak | 0.00% | -6.76% | +6.76% |
Average DrawdownAverage peak-to-trough decline | -18.75% | -36.27% | +17.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.68% | 8.51% | -3.83% |
Volatility
MCY vs. UVE - Volatility Comparison
The current volatility for Mercury General Corporation (MCY) is 7.26%, while Universal Insurance Holdings, Inc. (UVE) has a volatility of 8.18%. This indicates that MCY experiences smaller price fluctuations and is considered to be less risky than UVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCY | UVE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 8.18% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 19.64% | 26.69% | -7.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.98% | 36.67% | -10.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.12% | 42.20% | -8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.89% | 41.34% | -9.45% |
Dividends
MCY vs. UVE - Dividend Comparison
MCY's dividend yield for the trailing twelve months is around 1.23%, less than UVE's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCY Mercury General Corporation | 1.23% | 1.35% | 1.91% | 3.40% | 5.57% | 4.77% | 4.83% | 5.16% | 4.84% | 4.66% | 4.12% | 5.31% |
UVE Universal Insurance Holdings, Inc. | 2.01% | 2.28% | 3.66% | 4.82% | 7.27% | 4.53% | 5.10% | 2.75% | 1.93% | 2.52% | 2.43% | 2.72% |
Financials
MCY vs. UVE - Financials Comparison
This section allows you to compare key financial metrics between Mercury General Corporation and Universal Insurance 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
MCY vs. UVE - Profitability Comparison
MCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mercury General Corporation reported a gross profit of 0.00 and revenue of 1.54M. Therefore, the gross margin over that period was 0.0%.
UVE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Universal Insurance Holdings, Inc. reported a gross profit of 0.00 and revenue of 393.57M. Therefore, the gross margin over that period was 0.0%.
MCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mercury General Corporation reported an operating income of 0.00 and revenue of 1.54M, resulting in an operating margin of 0.0%.
UVE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Universal Insurance Holdings, Inc. reported an operating income of 73.29M and revenue of 393.57M, resulting in an operating margin of 18.6%.
MCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mercury General Corporation reported a net income of 190.42K and revenue of 1.54M, resulting in a net margin of 12.4%.
UVE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Universal Insurance Holdings, Inc. reported a net income of 54.29M and revenue of 393.57M, resulting in a net margin of 13.8%.
Frequently Asked Questions
MCY and UVE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UVE has higher volatility (8.18%) compared to MCY (7.26%). In terms of maximum drawdown, MCY dropped -68.83% vs UVE's -80.46%.
MCY currently has the higher Sharpe Ratio (2.45 vs 1.34), 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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