NMIH vs. BNTX
NMIH (NMI Holdings, Inc.) and BNTX (BioNTech SE) are both stocks. NMIH operates in Insurance - Specialty (Financial Services), while BNTX operates in Biotechnology (Healthcare). Over the past 5 years, NMIH returned 10.74%/yr vs -16.46%/yr for BNTX. At a 0.15 correlation, their price movements are largely independent.
Performance
NMIH vs. BNTX - Performance Comparison
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Returns By Period
In the year-to-date period, NMIH achieves a -5.83% return, which is significantly lower than BNTX's -4.81% return.
NMIH
- 1D
- 1.99%
- 1M
- 2.70%
- YTD
- -5.83%
- 6M
- -7.71%
- 1Y
- -8.29%
- 3Y*
- 15.61%
- 5Y*
- 10.74%
- 10Y*
- 21.77%
BNTX
- 1D
- 0.48%
- 1M
- -1.65%
- YTD
- -4.81%
- 6M
- -3.74%
- 1Y
- -12.03%
- 3Y*
- -5.43%
- 5Y*
- -16.46%
- 10Y*
- —
NMIH vs. BNTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NMIH NMI Holdings, Inc. | -5.83% | 10.96% | 23.85% | 42.01% | -4.35% | -3.53% | -31.74% | 24.22% |
BNTX BioNTech SE | -4.81% | -16.45% | 7.97% | -29.74% | -40.40% | 216.24% | 140.61% | 105.33% |
Correlation
The correlation between NMIH and BNTX is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.15 |
The correlation between NMIH and BNTX shifts across timeframes, from -0.00 (1 year) to 0.16 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NMIH:
$2.97B
BNTX:
$22.92B
NMIH:
$1.27K
BNTX:
-€5.14
NMIH:
0.02
BNTX:
6.93
NMIH:
0.00
BNTX:
1.07
NMIH:
$184.01B
BNTX:
€2.80B
NMIH:
$479.49M
BNTX:
€2.05B
NMIH:
$395.48M
BNTX:
-€815.04M
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Return for Risk
NMIH vs. BNTX — Risk / Return Rank
NMIH
BNTX
NMIH vs. BNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NMI Holdings, Inc. (NMIH) and BioNTech SE (BNTX). 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.
| NMIH | BNTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.98 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.41 | -0.05 |
| Martin ratioReturn relative to average drawdown | -0.73 | -0.80 | +0.07 |
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Drawdowns
NMIH vs. BNTX - Drawdown Comparison
The maximum NMIH drawdown since its inception was -73.07%, smaller than the maximum BNTX drawdown of -82.08%. Use the drawdown chart below to compare losses from any high point for NMIH and BNTX.
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Drawdown Indicators
| NMIH | BNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.07% | -82.08% | +9.01% |
Max Drawdown (1Y)Largest decline over 1 year | -18.08% | -29.71% | +11.63% |
Max Drawdown (3Y)Largest decline over 3 years | -21.42% | -37.35% | +15.93% |
Max Drawdown (5Y)Largest decline over 5 years | -41.78% | -82.08% | +40.30% |
Max Drawdown (10Y)Largest decline over 10 years | -73.07% | — | — |
Current DrawdownCurrent decline from peak | -10.98% | -79.27% | +68.29% |
Average DrawdownAverage peak-to-trough decline | -26.75% | -56.32% | +29.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.39% | 15.13% | -3.74% |
Volatility
NMIH vs. BNTX - Volatility Comparison
The current volatility for NMI Holdings, Inc. (NMIH) is 5.43%, while BioNTech SE (BNTX) has a volatility of 9.38%. This indicates that NMIH experiences smaller price fluctuations and is considered to be less risky than BNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NMIH | BNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 9.38% | -3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 18.60% | 34.27% | -15.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.05% | 41.18% | -17.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.75% | 54.96% | -26.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.55% | 76.23% | -35.68% |
Dividends
NMIH vs. BNTX - Dividend Comparison
Neither NMIH nor BNTX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BNTX BioNTech SE | 0.00% | 0.00% | 0.00% | 0.00% | 2.43% |
NMIH NMI Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NMIH vs. BNTX - Financials Comparison
This section allows you to compare key financial metrics between NMI Holdings, Inc. and BioNTech SE. 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
Frequently Asked Questions
NMIH and BNTX have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BNTX has higher volatility (9.38%) compared to NMIH (5.43%). In terms of maximum drawdown, NMIH dropped -73.07% vs BNTX's -82.08%.
BNTX currently has the higher Sharpe Ratio (-0.29 vs -0.35), 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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