PLGO vs. KNSL

Last updated Jun 4, 2026

PLGO (Pelagos Insurance Capital Limited) and KNSL (Kinsale Capital Group, Inc.) are both stocks. Both are in the Financial Services sector — PLGO in Insurance - Diversified, KNSL in Insurance - Property & Casualty. Over the past year, PLGO returned 23.98% vs -38.63% for KNSL. At a 0.36 correlation, their price movements are largely independent.

Performance

PLGO vs. KNSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pelagos Insurance Capital Limited (PLGO) and Kinsale Capital Group, Inc. (KNSL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLGO achieves a 8.79% return, which is significantly higher than KNSL's -25.69% return.

PLGO

• 1D: -1.72%
• 1M: 1.59%
• YTD: 8.79%
• 6M: 16.46%
• 1Y: 23.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KNSL

• 1D: -1.76%
• 1M: -4.51%
• YTD: -25.69%
• 6M: -22.38%
• 1Y: -38.63%
• 3Y*: -4.76%
• 5Y*: 12.72%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLGO vs. KNSL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PLGO Pelagos Insurance Capital Limited	8.79%	11.20%	46.32%	-1.78%
KNSL Kinsale Capital Group, Inc.	-25.69%	-15.78%	39.06%	-9.90%

Correlation

The correlation between PLGO and KNSL is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.36

Fundamentals

EPS PLGO : $3.68 KNSL : $30.23
PE Ratio PLGO : 5.74 KNSL : 9.60
PS Ratio PLGO : 1.01 KNSL : 2.64
Total Revenue (TTM) PLGO : $2.13B KNSL : $1.92B
Gross Profit (TTM) PLGO : $829.20M KNSL : $707.86M
EBITDA (TTM) PLGO : $479.20M KNSL : $535.93M

Return for Risk

PLGO vs. KNSL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLGO

PLGO Risk / Return Rank: 68
PLGO Sharpe Ratio Rank: 68
PLGO Sortino Ratio Rank: 67
PLGO Omega Ratio Rank: 63
PLGO Calmar Ratio Rank: 69
PLGO Martin Ratio Rank: 74

KNSL

KNSL Risk / Return Rank: 3
KNSL Sharpe Ratio Rank: 2
KNSL Sortino Ratio Rank: 3
KNSL Omega Ratio Rank: 5
KNSL Calmar Ratio Rank: 3
KNSL Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLGO vs. KNSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pelagos Insurance Capital Limited (PLGO) and Kinsale Capital Group, Inc. (KNSL). 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.

	PLGO	KNSL	Difference
Sharpe ratio: Return per unit of total volatility	0.83	-1.21	+2.04
Sortino ratio: Return per unit of downside risk	1.54	-1.78	+3.32
Omega ratio: Gain probability vs. loss probability	1.18	0.79	+0.39
Calmar ratio: Return relative to maximum drawdown	1.51	-0.95	+2.46
Martin ratio: Return relative to average drawdown	4.61	-1.87	+6.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLGO vs. KNSL - Sharpe Ratio Comparison

The current PLGO Sharpe Ratio is 0.83, which is higher than the KNSL Sharpe Ratio of -1.21. The chart below compares the historical Sharpe Ratios of PLGO and KNSL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PLGO	KNSL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	-1.21	+2.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.86	-0.21

Drawdowns

PLGO vs. KNSL - Drawdown Comparison

The maximum PLGO drawdown since its inception was -29.91%, smaller than the maximum KNSL drawdown of -46.83%. Use the drawdown chart below to compare losses from any high point for PLGO and KNSL.

Drawdown Indicators

	PLGO	KNSL	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-46.83%	+16.92%
Max Drawdown (1Y) Largest decline over 1 year	-15.99%	-40.63%	+24.64%
Max Drawdown (3Y) Largest decline over 3 years	—	-46.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.83%	—
Current Drawdown Current decline from peak	-10.70%	-46.83%	+36.13%
Average Drawdown Average peak-to-trough decline	-10.68%	-11.85%	+1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.21%	20.72%	-15.51%

Volatility

PLGO vs. KNSL - Volatility Comparison

Pelagos Insurance Capital Limited (PLGO) has a higher volatility of 16.22% compared to Kinsale Capital Group, Inc. (KNSL) at 8.15%. This indicates that PLGO's price experiences larger fluctuations and is considered to be riskier than KNSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLGO	KNSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.22%	8.15%	+8.07%
Volatility (6M) Calculated over the trailing 6-month period	21.17%	23.58%	-2.41%
Volatility (1Y) Calculated over the trailing 1-year period	29.01%	31.95%	-2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.20%	38.42%	-6.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.20%	38.21%	-6.01%

Dividends

PLGO vs. KNSL - Dividend Comparison

PLGO's dividend yield for the trailing twelve months is around 2.60%, more than KNSL's 0.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
KNSL Kinsale Capital Group, Inc.	0.29%	0.17%	0.13%	0.17%	0.20%	0.18%	0.18%	0.31%	0.50%	0.53%	0.29%
PLGO Pelagos Insurance Capital Limited	2.60%	2.55%	2.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

PLGO vs. KNSL - Profitability Comparison

The chart below illustrates the profitability comparison between Pelagos Insurance Capital Limited and Kinsale Capital Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PLGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pelagos Insurance Capital Limited reported a gross profit of 388.50M and revenue of 612.30M. Therefore, the gross margin over that period was 63.5%.

KNSL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported a gross profit of 0.00 and revenue of 466.71M. Therefore, the gross margin over that period was 0.0%.

PLGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pelagos Insurance Capital Limited reported an operating income of 103.10M and revenue of 612.30M, resulting in an operating margin of 16.8%.

KNSL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported an operating income of 0.00 and revenue of 466.71M, resulting in an operating margin of 0.0%.

PLGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pelagos Insurance Capital Limited reported a net income of 108.00M and revenue of 612.30M, resulting in a net margin of 17.6%.

KNSL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinsale Capital Group, Inc. reported a net income of 112.55M and revenue of 466.71M, resulting in a net margin of 24.1%.

Frequently Asked Questions

Can I hold both PLGO and KNSL in my portfolio?

PLGO and KNSL have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLGO or KNSL?

PLGO has higher volatility (16.22%) compared to KNSL (8.15%). In terms of maximum drawdown, PLGO dropped -29.91% vs KNSL's -46.83%.

Which has better risk-adjusted returns?

PLGO currently has the higher Sharpe Ratio (0.83 vs -1.21), 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.