PWP vs. HLNE
PWP (Perella Weinberg Partners) and HLNE (Hamilton Lane Incorporated) are both stocks. Both are in the Financial Services sector — PWP in Capital Markets, HLNE in Asset Management. Over the past 5 years, PWP returned 5.83%/yr vs 0.18%/yr for HLNE. At a 0.48 correlation, their price movements are largely independent.
Performance
PWP vs. HLNE - Performance Comparison
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Returns By Period
In the year-to-date period, PWP achieves a -11.84% return, which is significantly higher than HLNE's -39.49% return.
PWP
- 1D
- -6.31%
- 1M
- -21.44%
- YTD
- -11.84%
- 6M
- -17.16%
- 1Y
- -12.69%
- 3Y*
- 25.26%
- 5Y*
- 5.83%
- 10Y*
- —
HLNE
- 1D
- -4.75%
- 1M
- -11.29%
- YTD
- -39.49%
- 6M
- -33.68%
- 1Y
- -45.01%
- 3Y*
- 5.79%
- 5Y*
- 0.18%
- 10Y*
- —
PWP vs. HLNE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PWP Perella Weinberg Partners | -11.84% | -26.45% | 98.18% | 28.39% | -21.21% | 15.04% | 14.20% |
HLNE Hamilton Lane Incorporated | -39.49% | -7.90% | 32.40% | 81.36% | -36.98% | 34.74% | 10.38% |
Correlation
The correlation between PWP and HLNE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.49 |
The correlation between PWP and HLNE has been stable across timeframes, ranging from 0.48 to 0.58 - a consistent structural relationship.
Fundamentals
PWP:
$0.21
HLNE:
$4.29
PWP:
70.97
HLNE:
18.86
PWP:
2.04
HLNE:
1.39
PWP:
2.02
HLNE:
5.77
PWP:
$687.99M
HLNE:
$763.40M
PWP:
$698.88M
HLNE:
$528.54M
PWP:
$52.85M
HLNE:
$446.22M
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Return for Risk
PWP vs. HLNE — Risk / Return Rank
PWP
HLNE
PWP vs. HLNE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Perella Weinberg Partners (PWP) and Hamilton Lane Incorporated (HLNE). 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.
| PWP | HLNE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.80 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | -0.92 | +0.58 |
| Martin ratioReturn relative to average drawdown | -0.75 | -1.83 | +1.07 |
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
| PWP | HLNE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.29 | -1.17 | +0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.01 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.55 | -0.30 |
Drawdowns
PWP vs. HLNE - Drawdown Comparison
The maximum PWP drawdown since its inception was -60.44%, roughly equal to the maximum HLNE drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for PWP and HLNE.
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Drawdown Indicators
| PWP | HLNE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.44% | -58.96% | -1.48% |
Max Drawdown (1Y)Largest decline over 1 year | -37.34% | -49.10% | +11.76% |
Max Drawdown (3Y)Largest decline over 3 years | -41.47% | -58.96% | +17.49% |
Max Drawdown (5Y)Largest decline over 5 years | -60.44% | -58.96% | -1.48% |
Current DrawdownCurrent decline from peak | -41.47% | -58.96% | +17.49% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -15.96% | -4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.85% | 24.67% | -7.82% |
Volatility
PWP vs. HLNE - Volatility Comparison
Perella Weinberg Partners (PWP) and Hamilton Lane Incorporated (HLNE) have volatilities of 11.53% and 11.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PWP | HLNE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.53% | 11.41% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 32.92% | 30.95% | +1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.32% | 38.46% | +4.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.03% | 36.04% | +5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.00% | 36.42% | +4.58% |
Dividends
PWP vs. HLNE - Dividend Comparison
PWP's dividend yield for the trailing twelve months is around 1.85%, less than HLNE's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HLNE Hamilton Lane Incorporated | 2.67% | 1.57% | 1.29% | 1.53% | 2.43% | 1.31% | 1.55% | 1.74% | 2.20% | 1.48% |
PWP Perella Weinberg Partners | 1.85% | 1.62% | 1.17% | 2.29% | 2.86% | 1.09% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PWP vs. HLNE - Financials Comparison
This section allows you to compare key financial metrics between Perella Weinberg Partners and Hamilton Lane Incorporated. 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
PWP vs. HLNE - Profitability Comparison
PWP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Perella Weinberg Partners reported a gross profit of 57.64M and revenue of 148.92M. Therefore, the gross margin over that period was 38.7%.
HLNE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hamilton Lane Incorporated reported a gross profit of 137.70M and revenue of 198.59M. Therefore, the gross margin over that period was 69.3%.
PWP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Perella Weinberg Partners reported an operating income of -12.90M and revenue of 148.92M, resulting in an operating margin of -8.7%.
HLNE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hamilton Lane Incorporated reported an operating income of 86.01M and revenue of 198.59M, resulting in an operating margin of 43.3%.
PWP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Perella Weinberg Partners reported a net income of 1.49M and revenue of 148.92M, resulting in a net margin of 1.0%.
HLNE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hamilton Lane Incorporated reported a net income of 58.37M and revenue of 198.59M, resulting in a net margin of 29.4%.
Frequently Asked Questions
PWP and HLNE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PWP has higher volatility (11.53%) compared to HLNE (11.41%). In terms of maximum drawdown, PWP dropped -60.44% vs HLNE's -58.96%.
PWP currently has the higher Sharpe Ratio (-0.29 vs -1.17), 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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