RYAN vs. HLNE
RYAN (Ryan Specialty Group Holdings, Inc.) and HLNE (Hamilton Lane Incorporated) are both stocks. Both are in the Financial Services sector — RYAN in Insurance - Specialty, HLNE in Asset Management. Over the past 3 years, RYAN returned -7.93%/yr vs 6.89%/yr for HLNE. At a 0.29 correlation, their price movements are largely independent.
Performance
RYAN vs. HLNE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with RYAN having a -37.92% return and HLNE slightly lower at -38.12%.
RYAN
- 1D
- 3.08%
- 1M
- 4.56%
- YTD
- -37.92%
- 6M
- -42.92%
- 1Y
- -54.08%
- 3Y*
- -7.93%
- 5Y*
- —
- 10Y*
- —
HLNE
- 1D
- 2.28%
- 1M
- -10.54%
- YTD
- -38.12%
- 6M
- -32.31%
- 1Y
- -43.60%
- 3Y*
- 6.89%
- 5Y*
- 0.63%
- 10Y*
- —
RYAN vs. HLNE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RYAN Ryan Specialty Group Holdings, Inc. | -37.92% | -18.92% | 50.88% | 3.64% | 2.87% | 46.73% |
HLNE Hamilton Lane Incorporated | -38.12% | -7.90% | 32.40% | 81.36% | -36.98% | 12.69% |
Correlation
The correlation between RYAN and HLNE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021 | 0.29 |
Fundamentals
RYAN:
$0.64
HLNE:
$4.29
RYAN:
49.91
HLNE:
19.29
RYAN:
2.08
HLNE:
5.90
RYAN:
$3.16B
HLNE:
$763.40M
RYAN:
$2.19B
HLNE:
$528.54M
RYAN:
$726.81M
HLNE:
$446.22M
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Return for Risk
RYAN vs. HLNE — Risk / Return Rank
RYAN
HLNE
RYAN vs. HLNE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ryan Specialty Group Holdings, Inc. (RYAN) 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.
| RYAN | HLNE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 0.81 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.89 | -0.06 |
| Martin ratioReturn relative to average drawdown | -1.70 | -1.76 | +0.06 |
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
| RYAN | HLNE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.37 | -1.13 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.02 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.55 | -0.45 |
Drawdowns
RYAN vs. HLNE - Drawdown Comparison
The maximum RYAN drawdown since its inception was -60.94%, roughly equal to the maximum HLNE drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for RYAN and HLNE.
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Drawdown Indicators
| RYAN | HLNE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.94% | -58.96% | -1.98% |
Max Drawdown (1Y)Largest decline over 1 year | -57.19% | -49.10% | -8.09% |
Max Drawdown (3Y)Largest decline over 3 years | -60.94% | -58.96% | -1.98% |
Max Drawdown (5Y)Largest decline over 5 years | — | -58.96% | — |
Current DrawdownCurrent decline from peak | -57.54% | -58.03% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -12.32% | -15.98% | +3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.54% | 24.85% | +7.69% |
Volatility
RYAN vs. HLNE - Volatility Comparison
Ryan Specialty Group Holdings, Inc. (RYAN) has a higher volatility of 14.74% compared to Hamilton Lane Incorporated (HLNE) at 11.59%. This indicates that RYAN's price experiences larger fluctuations and is considered to be riskier than HLNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYAN | HLNE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.74% | 11.59% | +3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 33.35% | 31.06% | +2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.68% | 38.54% | +1.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.40% | 36.05% | -1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.40% | 36.42% | -2.02% |
Dividends
RYAN vs. HLNE - Dividend Comparison
RYAN's dividend yield for the trailing twelve months is around 1.57%, less than HLNE's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HLNE Hamilton Lane Incorporated | 2.61% | 1.57% | 1.29% | 1.53% | 2.43% | 1.31% | 1.55% | 1.74% | 2.20% | 1.48% |
RYAN Ryan Specialty Group Holdings, Inc. | 1.57% | 0.93% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RYAN vs. HLNE - Financials Comparison
This section allows you to compare key financial metrics between Ryan Specialty Group Holdings, Inc. 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
RYAN vs. HLNE - Profitability Comparison
RYAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ryan Specialty Group Holdings, Inc. reported a gross profit of 300.05M and revenue of 795.23M. Therefore, the gross margin over that period was 37.7%.
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%.
RYAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ryan Specialty Group Holdings, Inc. reported an operating income of 94.60M and revenue of 795.23M, resulting in an operating margin of 11.9%.
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%.
RYAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ryan Specialty Group Holdings, Inc. reported a net income of 40.60M and revenue of 795.23M, resulting in a net margin of 5.1%.
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
RYAN and HLNE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYAN has higher volatility (14.74%) compared to HLNE (11.59%). In terms of maximum drawdown, RYAN dropped -60.94% vs HLNE's -58.96%.
HLNE currently has the higher Sharpe Ratio (-1.13 vs -1.37), 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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