NKE vs. HG
NKE (NIKE, Inc.) and HG (Hamilton Insurance Group Ltd.) are both stocks. NKE operates in Footwear & Accessories (Consumer Cyclical), while HG operates in Insurance - Reinsurance (Financial Services). Over the past year, NKE returned -29.27% vs 52.13% for HG. At a 0.14 correlation, their price movements are largely independent.
Performance
NKE vs. HG - Performance Comparison
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Returns By Period
In the year-to-date period, NKE achieves a -31.08% return, which is significantly lower than HG's 17.02% return.
NKE
- 1D
- 0.58%
- 1M
- -1.19%
- YTD
- -31.08%
- 6M
- -30.90%
- 1Y
- -29.27%
- 3Y*
- -24.25%
- 5Y*
- -18.65%
- 10Y*
- -1.05%
HG
- 1D
- 0.07%
- 1M
- -1.13%
- YTD
- 17.02%
- 6M
- 23.01%
- 1Y
- 52.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NKE vs. HG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NKE NIKE, Inc. | -31.08% | -13.83% | -29.11% | 2.66% |
HG Hamilton Insurance Group Ltd. | 17.02% | 46.61% | 27.29% | -0.33% |
Correlation
The correlation between NKE and HG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2023 | 0.14 |
Fundamentals
NKE:
$1.52
HG:
$8.27
NKE:
28.43
HG:
3.69
NKE:
1.38
HG:
0.80
NKE:
$46.52B
HG:
$2.90B
NKE:
$18.99B
HG:
$1.76B
NKE:
$3.33B
HG:
$1.36B
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Return for Risk
NKE vs. HG — Risk / Return Rank
NKE
HG
NKE vs. HG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) and Hamilton Insurance Group Ltd. (HG). 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.
| NKE | HG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.65 | ||
| Sortino ratioReturn per unit of downside risk | -3.67 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.32 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 4.13 | -4.77 |
| Martin ratioReturn relative to average drawdown | -1.23 | 14.75 | -15.98 |
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
| NKE | HG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | 1.88 | -2.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 1.13 | -0.73 |
Drawdowns
NKE vs. HG - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, which is greater than HG's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for NKE and HG.
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Drawdown Indicators
| NKE | HG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -21.07% | -54.12% |
Max Drawdown (1Y)Largest decline over 1 year | -46.18% | -12.69% | -33.49% |
Max Drawdown (3Y)Largest decline over 3 years | -64.21% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -74.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -74.64% | — | — |
Current DrawdownCurrent decline from peak | -73.59% | -6.95% | -66.64% |
Average DrawdownAverage peak-to-trough decline | -20.91% | -5.43% | -15.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.82% | 3.56% | +20.26% |
Volatility
NKE vs. HG - Volatility Comparison
NIKE, Inc. (NKE) has a higher volatility of 9.43% compared to Hamilton Insurance Group Ltd. (HG) at 8.46%. This indicates that NKE's price experiences larger fluctuations and is considered to be riskier than HG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NKE | HG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.43% | 8.46% | +0.97% |
Volatility (6M)Calculated over the trailing 6-month period | 29.22% | 18.39% | +10.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.22% | 27.92% | +10.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.82% | 31.45% | +4.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.25% | 31.45% | +0.80% |
Dividends
NKE vs. HG - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.77%, less than HG's 6.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HG Hamilton Insurance Group Ltd. | 6.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NKE NIKE, Inc. | 3.77% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
Financials
NKE vs. HG - Financials Comparison
This section allows you to compare key financial metrics between NIKE, Inc. and Hamilton Insurance Group Ltd.. 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
NKE vs. HG - Profitability Comparison
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a gross profit of 4.53B and revenue of 11.28B. Therefore, the gross margin over that period was 40.2%.
HG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported a gross profit of 754.89M and revenue of 758.91M. Therefore, the gross margin over that period was 99.5%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported an operating income of 553.00M and revenue of 11.28B, resulting in an operating margin of 4.9%.
HG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported an operating income of 693.42M and revenue of 758.91M, resulting in an operating margin of 91.4%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a net income of 520.00M and revenue of 11.28B, resulting in a net margin of 4.6%.
HG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported a net income of 133.54M and revenue of 758.91M, resulting in a net margin of 17.6%.
Frequently Asked Questions
NKE and HG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NKE has higher volatility (9.43%) compared to HG (8.46%). In terms of maximum drawdown, NKE dropped -75.19% vs HG's -21.07%.
HG currently has the higher Sharpe Ratio (1.88 vs -0.77), 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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