RLI vs. KNSL

Last updated Aug 1, 2026

RLI (RLI Corp.) and KNSL (Kinsale Capital Group, Inc.) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, RLI returned 10.11%/yr vs 34.79%/yr for KNSL. Their 0.54 correlation means they have sometimes moved together and sometimes differently.

Performance

RLI vs. KNSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RLI Corp. (RLI) 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, RLI achieves a 0.21% return, which is significantly higher than KNSL's -8.74% return. Over the past 10 years, RLI has underperformed KNSL with an annualized return of 10.11%, while KNSL has yielded a comparatively higher 34.79% annualized return.

RLI

• 1D: 0.02%
• 1M: -2.05%
• 6M: 9.72%
• YTD: 0.21%
• 1Y: 0.94%
• 3Y*: 1.43%
• 5Y*: 7.22%
• 10Y*: 10.11%
• ALL TIME*: 16.15%

KNSL

• 1D: 0.15%
• 1M: 0.44%
• 6M: -9.83%
• YTD: -8.74%
• 1Y: -19.63%
• 3Y*: -1.38%
• 5Y*: 15.03%
• 10Y*: 34.79%
• ALL TIME*: 35.20%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KNSL Kinsale Capital Group, Inc.	$132.97M	$112.33M	$108.65M
RLI RLI Corp.	$69.39M	$58.23M	$55.37M

RLI vs. KNSL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RLI RLI Corp.	0.21%	-19.13%	27.57%	3.77%	24.80%	10.67%	18.08%	33.22%	16.69%	0.38%
KNSL Kinsale Capital Group, Inc.	-8.74%	-15.78%	39.06%	28.27%	10.17%	19.16%	97.28%	83.67%	24.09%	33.20%

Correlation

The correlation between RLI and KNSL is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.59
Correlation (3Y) Balances recent behavior with more history.	0.58
Correlation (5Y) Shows whether the relationship held over a longer period.	0.57
Correlation (10Y) Provides a long-term view across more market conditions.	0.54
Correlation (All Time) Calculated using the full available price history since Jul 28, 2016	0.54

The correlation between RLI and KNSL has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.

Fundamentals

Market Cap RLI : $5.62B KNSL : $8.12B
EPS RLI : $4.76 KNSL : $24.65
PE Ratio RLI : 12.87 KNSL : 14.46
PEG Ratio RLI : 0.58 KNSL : 0.38
PS Ratio RLI : 3.91 KNSL : 4.12
PB Ratio RLI : 0.88 KNSL : 3.99
Total Revenue (TTM) RLI : $1.44B KNSL : $2.00B
Gross Profit (TTM) RLI : $552.03M KNSL : $681.47M
EBITDA (TTM) RLI : $432.02M KNSL : $507.91M

Return for Risk

RLI vs. KNSL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RLI

RLI Risk / Return Rank: 43
RLI Sharpe Ratio Rank: 45
RLI Sortino Ratio Rank: 39
RLI Omega Ratio Rank: 38
RLI Calmar Ratio Rank: 45
RLI Martin Ratio Rank: 45

KNSL

KNSL Risk / Return Rank: 23
KNSL Sharpe Ratio Rank: 20
KNSL Sortino Ratio Rank: 20
KNSL Omega Ratio Rank: 21
KNSL Calmar Ratio Rank: 27
KNSL Martin Ratio Rank: 28

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RLI vs. KNSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RLI Corp. (RLI) 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.

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.

	RLI	KNSL	Difference
Sharpe ratio: Return per unit of total volatility	0.03	-0.54	+0.57
Sortino ratio: Return per unit of downside risk	0.22	-0.57	+0.80
Omega ratio: Gain probability vs. loss probability	1.03	0.93	+0.09
Calmar ratio: Return relative to maximum drawdown	0.03	-0.48	+0.51
Martin ratio: Return relative to average drawdown	0.07	-0.83	+0.90

RLI vs. KNSL - Sharpe Ratio Comparison

The current RLI Sharpe Ratio is 0.03, which is higher than the KNSL Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of RLI 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.

Drawdowns

RLI vs. KNSL - Drawdown Comparison

The maximum RLI drawdown since its inception was -43.50%, smaller than the maximum KNSL drawdown of -46.83%. Use the drawdown chart below to compare losses from any high point for RLI and KNSL.

Drawdown Indicators

	RLI	KNSL	Difference
Max Drawdown Largest peak-to-trough decline	-43.50%	-46.83%	+3.33%
Max Drawdown (1Y) Largest decline over 1 year	-27.95%	-39.30%	+11.35%
Max Drawdown (3Y) Largest decline over 3 years	-43.50%	-46.83%	+3.33%
Max Drawdown (5Y) Largest decline over 5 years	-43.50%	-46.83%	+3.33%
Max Drawdown (10Y) Largest decline over 10 years	-43.50%	-46.83%	+3.33%
Current Drawdown Current decline from peak	-24.36%	-34.69%	+10.33%
Average Drawdown Average peak-to-trough decline	-9.92%	-12.28%	+2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.32%	22.83%	-11.51%

Volatility

RLI vs. KNSL - Volatility Comparison

The current volatility for RLI Corp. (RLI) is 12.23%, while Kinsale Capital Group, Inc. (KNSL) has a volatility of 14.29%. This indicates that RLI experiences smaller price fluctuations and is considered to be less risky than KNSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RLI	KNSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.23%	14.29%	-2.06%
Volatility (6M) Calculated over the trailing 6-month period	20.94%	27.17%	-6.23%
Volatility (1Y) Calculated over the trailing 1-year period	25.77%	35.34%	-9.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.71%	38.87%	-15.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.81%	38.35%	-11.54%

Dividends

RLI vs. KNSL - Dividend Comparison

RLI's dividend yield for the trailing twelve months is around 7.61%, more than KNSL's 0.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KNSL Kinsale Capital Group, Inc.	0.24%	0.17%	0.13%	0.17%	0.20%	0.18%	0.18%	0.31%	0.50%	0.53%	0.29%	0.00%
RLI RLI Corp.	7.61%	4.11%	3.12%	2.31%	6.12%	2.67%	1.87%	2.12%	2.71%	4.25%	4.42%	4.45%

Financials

Frequently Asked Questions

Can I hold both RLI and KNSL in my portfolio?

RLI and KNSL have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RLI or KNSL?

KNSL has higher volatility (14.29%) compared to RLI (12.23%). In terms of maximum drawdown, RLI dropped -43.50% vs KNSL's -46.83%.

Which has better risk-adjusted returns?

RLI currently has the higher Sharpe Ratio (0.03 vs -0.54), 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.