SAIL vs. HNGE

Last updated Jun 3, 2026

SAIL (SailPoint, Inc) and HNGE (Hinge Health, Inc) are both stocks. SAIL operates in Software - Infrastructure (Technology), while HNGE operates in Health Information Services (Healthcare). Over the past year, SAIL returned 14.42% vs 44.57% for HNGE. At a 0.28 correlation, their price movements are largely independent.

Performance

SAIL vs. HNGE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SailPoint, Inc (SAIL) and Hinge Health, Inc (HNGE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAIL achieves a -1.93% return, which is significantly lower than HNGE's 25.90% return.

SAIL

• 1D: 3.06%
• 1M: 64.37%
• YTD: -1.93%
• 6M: 3.66%
• 1Y: 14.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HNGE

• 1D: -4.01%
• 1M: 28.73%
• YTD: 25.90%
• 6M: 25.60%
• 1Y: 44.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SAIL vs. HNGE - Yearly Performance Comparison

	2026 (YTD)	2025
SAIL SailPoint, Inc	-1.93%	17.34%
HNGE Hinge Health, Inc	25.90%	23.67%

Correlation

The correlation between SAIL and HNGE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since May 23, 2025	0.28

Fundamentals

Market Cap SAIL : $11.15B HNGE : $4.82B
EPS SAIL : -$0.48 HNGE : -$6.30
PS Ratio SAIL : 10.34 HNGE : 7.32
Total Revenue (TTM) SAIL : $1.07B HNGE : $646.34M
Gross Profit (TTM) SAIL : $690.79M HNGE : $522.22M
EBITDA (TTM) SAIL : -$90.59M HNGE : -$514.46M

Return for Risk

SAIL vs. HNGE — Risk / Return Rank

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

SAIL

SAIL Risk / Return Rank: 47
SAIL Sharpe Ratio Rank: 49
SAIL Sortino Ratio Rank: 47
SAIL Omega Ratio Rank: 47
SAIL Calmar Ratio Rank: 45
SAIL Martin Ratio Rank: 46

HNGE

HNGE Risk / Return Rank: 62
HNGE Sharpe Ratio Rank: 63
HNGE Sortino Ratio Rank: 63
HNGE Omega Ratio Rank: 62
HNGE Calmar Ratio Rank: 61
HNGE Martin Ratio Rank: 61

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.

SAIL vs. HNGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SailPoint, Inc (SAIL) and Hinge Health, Inc (HNGE). 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.

	SAIL	HNGE	Difference
Sharpe ratio Return per unit of total volatility	0.25	0.70	-0.45
Sortino ratio Return per unit of downside risk	0.76	1.44	-0.68
Omega ratio Gain probability vs. loss probability	1.10	1.18	-0.09
Calmar ratio Return relative to maximum drawdown	0.22	1.04	-0.82
Martin ratio Return relative to average drawdown	0.44	2.29	-1.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAIL vs. HNGE - Sharpe Ratio Comparison

The current SAIL Sharpe Ratio is 0.25, which is lower than the HNGE Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of SAIL and HNGE, 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

	SAIL	HNGE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	0.70	-0.45
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.85	-0.97

Drawdowns

SAIL vs. HNGE - Drawdown Comparison

The maximum SAIL drawdown since its inception was -59.18%, which is greater than HNGE's maximum drawdown of -48.52%. Use the drawdown chart below to compare losses from any high point for SAIL and HNGE.

Drawdown Indicators

	SAIL	HNGE	Difference
Max Drawdown Largest peak-to-trough decline	-59.18%	-48.52%	-10.66%
Max Drawdown (1Y) Largest decline over 1 year	-56.76%	-48.52%	-8.24%
Current Drawdown Current decline from peak	-22.80%	-4.01%	-18.79%
Average Drawdown Average peak-to-trough decline	-27.70%	-18.79%	-8.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.54%	22.13%	+6.41%

Volatility

SAIL vs. HNGE - Volatility Comparison

SailPoint, Inc (SAIL) has a higher volatility of 20.25% compared to Hinge Health, Inc (HNGE) at 16.20%. This indicates that SAIL's price experiences larger fluctuations and is considered to be riskier than HNGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAIL	HNGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.25%	16.20%	+4.05%
Volatility (6M) Calculated over the trailing 6-month period	46.26%	39.21%	+7.05%
Volatility (1Y) Calculated over the trailing 1-year period	59.08%	64.25%	-5.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.97%	64.38%	-4.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.97%	64.38%	-4.41%

Dividends

SAIL vs. HNGE - Dividend Comparison

Neither SAIL nor HNGE has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

SAIL vs. HNGE - Profitability Comparison

The chart below illustrates the profitability comparison between SailPoint, Inc and Hinge Health, Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SAIL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SailPoint, Inc reported a gross profit of 198.28M and revenue of 294.65M. Therefore, the gross margin over that period was 67.3%.

HNGE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hinge Health, Inc reported a gross profit of 154.23M and revenue of 182.31M. Therefore, the gross margin over that period was 84.6%.

SAIL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SailPoint, Inc reported an operating income of -40.10M and revenue of 294.65M, resulting in an operating margin of -13.6%.

HNGE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hinge Health, Inc reported an operating income of 32.07M and revenue of 182.31M, resulting in an operating margin of 17.6%.

SAIL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SailPoint, Inc reported a net income of -36.22M and revenue of 294.65M, resulting in a net margin of -12.3%.

HNGE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hinge Health, Inc reported a net income of 35.13M and revenue of 182.31M, resulting in a net margin of 19.3%.

Frequently Asked Questions

Can I hold both SAIL and HNGE in my portfolio?

SAIL and HNGE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAIL or HNGE?

SAIL has higher volatility (20.25%) compared to HNGE (16.20%). In terms of maximum drawdown, SAIL dropped -59.18% vs HNGE's -48.52%.

Which has better risk-adjusted returns?

HNGE currently has the higher Sharpe Ratio (0.70 vs 0.25), 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.