THG vs. CB
THG (The Hanover Insurance Group, Inc.) and CB (Chubb Limited) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, THG returned 11.15%/yr vs 11.41%/yr for CB. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
THG vs. CB - Performance Comparison
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Returns By Period
In the year-to-date period, THG achieves a 2.52% return, which is significantly higher than CB's 0.50% return. Both investments have delivered pretty close results over the past 10 years, with THG having a 11.15% annualized return and CB not far ahead at 11.41%.
THG
- 1D
- -0.37%
- 1M
- 1.68%
- YTD
- 2.52%
- 6M
- 4.64%
- 1Y
- 7.54%
- 3Y*
- 20.30%
- 5Y*
- 8.48%
- 10Y*
- 11.15%
CB
- 1D
- 0.15%
- 1M
- -3.80%
- YTD
- 0.50%
- 6M
- 6.65%
- 1Y
- 6.88%
- 3Y*
- 19.24%
- 5Y*
- 14.29%
- 10Y*
- 11.41%
THG vs. CB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THG The Hanover Insurance Group, Inc. | 2.52% | 20.66% | 30.61% | -7.61% | 5.40% | 14.51% | -12.31% | 26.73% | 10.15% | 21.41% |
CB Chubb Limited | 0.50% | 14.46% | 23.89% | 4.20% | 15.97% | 27.85% | 1.41% | 22.94% | -9.63% | 12.82% |
Correlation
The correlation between THG and CB is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 1995 | 0.53 |
The correlation between THG and CB has been stable across timeframes, ranging from 0.53 to 0.62 - a consistent structural relationship.
Fundamentals
THG:
$26.44
CB:
$28.35
THG:
7.05
CB:
11.03
THG:
0.03
CB:
0.77
THG:
0.76
CB:
2.60
THG:
$6.68B
CB:
$48.15B
THG:
$1.56B
CB:
$17.01B
THG:
$716.20M
CB:
$12.22B
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Return for Risk
THG vs. CB — Risk / Return Rank
THG
CB
THG vs. CB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hanover Insurance Group, Inc. (THG) and Chubb Limited (CB). 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.
| THG | CB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.08 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 0.74 | +0.02 |
| Martin ratioReturn relative to average drawdown | 1.67 | 1.55 | +0.13 |
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
| THG | CB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.40 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.71 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.48 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.40 | -0.11 |
Drawdowns
THG vs. CB - Drawdown Comparison
The maximum THG drawdown since its inception was -89.84%, which is greater than CB's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for THG and CB.
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Drawdown Indicators
| THG | CB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.84% | -50.99% | -38.85% |
Max Drawdown (1Y)Largest decline over 1 year | -10.02% | -9.36% | -0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -13.98% | -14.35% | +0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -19.26% | -11.09% |
Max Drawdown (10Y)Largest decline over 10 years | -40.10% | -42.59% | +2.49% |
Current DrawdownCurrent decline from peak | -5.66% | -8.49% | +2.83% |
Average DrawdownAverage peak-to-trough decline | -22.67% | -10.68% | -11.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 4.87% | -0.16% |
Volatility
THG vs. CB - Volatility Comparison
The Hanover Insurance Group, Inc. (THG) has a higher volatility of 5.22% compared to Chubb Limited (CB) at 4.57%. This indicates that THG's price experiences larger fluctuations and is considered to be riskier than CB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THG | CB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 4.57% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 12.54% | +1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 17.33% | +2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.76% | 20.28% | +2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.07% | 23.65% | +0.42% |
Dividends
THG vs. CB - Dividend Comparison
THG's dividend yield for the trailing twelve months is around 1.99%, more than CB's 1.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CB Chubb Limited | 1.24% | 1.22% | 1.30% | 1.51% | 1.49% | 1.65% | 2.01% | 1.91% | 2.24% | 1.93% | 2.07% | 4.23% |
THG The Hanover Insurance Group, Inc. | 1.99% | 2.00% | 2.23% | 2.70% | 2.26% | 2.17% | 2.27% | 7.10% | 1.90% | 1.89% | 2.07% | 2.08% |
Financials
THG vs. CB - Financials Comparison
This section allows you to compare key financial metrics between The Hanover Insurance Group, Inc. and Chubb Limited. 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
Frequently Asked Questions
THG and CB 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.
THG has higher volatility (5.22%) compared to CB (4.57%). In terms of maximum drawdown, THG dropped -89.84% vs CB's -50.99%.
CB currently has the higher Sharpe Ratio (0.40 vs 0.38), 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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