PLMR vs. III.L

Last updated Jun 13, 2026

PLMR (Palomar Holdings, Inc.) and III.L (3I Group plc) are both stocks. Both are in the Financial Services sector — PLMR in Insurance - Property & Casualty, III.L in Investment Banking & Investment Services. Over the past 5 years, PLMR returned 8.52%/yr vs 15.13%/yr for III.L. At a 0.22 correlation, their price movements are largely independent.

Performance

PLMR vs. III.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palomar Holdings, Inc. (PLMR) and 3I Group plc (III.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PLMR is traded in USD, while III.L is traded in GBp. To make them comparable, the III.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PLMR achieves a -14.77% return, which is significantly higher than III.L's -29.56% return.

PLMR

• 1D: -0.26%
• 1M: 6.19%
• YTD: -14.77%
• 6M: -9.27%
• 1Y: -28.70%
• 3Y*: 25.45%
• 5Y*: 8.52%
• 10Y*: —

III.L

• 1D: 3.61%
• 1M: -5.53%
• YTD: -29.56%
• 6M: -26.02%
• 1Y: -44.56%
• 3Y*: 9.18%
• 5Y*: 15.13%
• 10Y*: 19.21%

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

PLMR vs. III.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PLMR Palomar Holdings, Inc.	-14.77%	27.63%	90.25%	22.90%	-30.28%	-27.09%	75.96%	172.92%
III.L 3I Group plc	-29.56%	0.62%	47.61%	95.24%	-13.78%	27.82%	12.71%	8.16%

Correlation

The correlation between PLMR and III.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Apr 17, 2019	0.22

Fundamentals

Market Cap PLMR : $3.14B III.L : £23.50B
EPS PLMR : $7.18 III.L : £10.41
PE Ratio PLMR : 15.99 III.L : 2.22
PEG Ratio PLMR : 0.37 III.L : 0.27
PS Ratio PLMR : 3.22 III.L : 10.82
PB Ratio PLMR : 3.27 III.L : 0.76
Total Revenue (TTM) PLMR : $977.99M III.L : £2.12B
Gross Profit (TTM) PLMR : $401.29M III.L : £5.57B
EBITDA (TTM) PLMR : $210.26M III.L : £9.82B

Return for Risk

PLMR vs. III.L — Risk / Return Rank

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

PLMR

PLMR Risk / Return Rank: 13
PLMR Sharpe Ratio Rank: 10
PLMR Sortino Ratio Rank: 13
PLMR Omega Ratio Rank: 13
PLMR Calmar Ratio Rank: 13
PLMR Martin Ratio Rank: 16

III.L

III.L Risk / Return Rank: 7
III.L Sharpe Ratio Rank: 5
III.L Sortino Ratio Rank: 8
III.L Omega Ratio Rank: 6
III.L Calmar Ratio Rank: 11
III.L Martin Ratio Rank: 4

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.

PLMR vs. III.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palomar Holdings, Inc. (PLMR) and 3I Group plc (III.L). 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.

	PLMR	III.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.79	-1.01	+0.22
Sortino ratio: Return per unit of downside risk	-0.97	-1.35	+0.38
Omega ratio: Gain probability vs. loss probability	0.88	0.80	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.77	-0.85	+0.08
Martin ratio: Return relative to average drawdown	-1.19	-1.67	+0.48

PLMR vs. III.L - Sharpe Ratio Comparison

The current PLMR Sharpe Ratio is -0.79, which is comparable to the III.L Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of PLMR and III.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLMR vs. III.L - Drawdown Comparison

The maximum PLMR drawdown since its inception was -62.86%, smaller than the maximum III.L drawdown of -88.62%. Use the drawdown chart below to compare losses from any high point for PLMR and III.L.

Drawdown Indicators

	PLMR	III.L	Difference
Max Drawdown Largest peak-to-trough decline	-62.86%	-88.62%	+25.76%
Max Drawdown (1Y) Largest decline over 1 year	-37.51%	-52.57%	+15.06%
Max Drawdown (3Y) Largest decline over 3 years	-42.27%	-52.57%	+10.30%
Max Drawdown (5Y) Largest decline over 5 years	-53.81%	-52.57%	-1.24%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.36%	—
Current Drawdown Current decline from peak	-34.62%	-47.55%	+12.93%
Average Drawdown Average peak-to-trough decline	-28.81%	-27.21%	-1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.17%	26.69%	-2.52%

Volatility

PLMR vs. III.L - Volatility Comparison

The current volatility for Palomar Holdings, Inc. (PLMR) is 11.03%, while 3I Group plc (III.L) has a volatility of 19.15%. This indicates that PLMR experiences smaller price fluctuations and is considered to be less risky than III.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLMR	III.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.03%	19.15%	-8.12%
Volatility (6M) Calculated over the trailing 6-month period	23.78%	37.86%	-14.08%
Volatility (1Y) Calculated over the trailing 1-year period	36.57%	43.99%	-7.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.68%	33.13%	+9.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.88%	33.07%	+14.81%

Dividends

PLMR vs. III.L - Dividend Comparison

PLMR has not paid dividends to shareholders, while III.L's dividend yield for the trailing twelve months is around 3.42%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
III.L 3I Group plc	3.42%	2.42%	1.82%	2.32%	3.76%	2.78%	3.02%	3.42%	4.78%	2.90%	3.41%	2.37%
PLMR Palomar Holdings, 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%

Financials

Frequently Asked Questions

Can I hold both PLMR and III.L in my portfolio?

PLMR and III.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.