THG vs. TRV

Last updated Apr 1, 2026

Compare and contrast key facts about The Hanover Insurance Group, Inc. (THG) and The Travelers Companies, Inc. (TRV).

Performance

THG vs. TRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hanover Insurance Group, Inc. (THG) and The Travelers Companies, Inc. (TRV). The values are adjusted to include any dividend payments, if applicable.

THG vs. TRV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
THG The Hanover Insurance Group, Inc.	-4.63%	20.66%	30.61%	-7.61%	5.40%	14.51%	-12.31%	26.73%	10.15%	21.41%
TRV The Travelers Companies, Inc.	0.92%	22.38%	28.76%	3.93%	22.42%	13.96%	5.31%	17.00%	-9.64%	13.36%

Fundamentals

EPS THG : $18.22 TRV : $25.72
PE Ratio THG : 9.52 TRV : 11.34
PEG Ratio THG : 0.04 TRV : 0.47
PS Ratio THG : 0.96 TRV : 1.38
Total Revenue (TTM) THG : $6.58B TRV : $48.41B
Gross Profit (TTM) THG : $2.78B TRV : $15.60B
EBITDA (TTM) THG : $883.70M TRV : $10.06B

Returns By Period

In the year-to-date period, THG achieves a -4.63% return, which is significantly lower than TRV's 0.92% return. Over the past 10 years, THG has underperformed TRV with an annualized return of 9.72%, while TRV has yielded a comparatively higher 11.93% annualized return.

THG

• 1D: 0.44%
• 1M: -3.50%
• YTD: -4.63%
• 6M: -3.54%
• 1Y: 1.75%
• 3Y*: 13.21%
• 5Y*: 8.36%
• 10Y*: 9.72%

TRV

• 1D: -0.05%
• 1M: -5.15%
• YTD: 0.92%
• 6M: 5.26%
• 1Y: 12.04%
• 3Y*: 21.61%
• 5Y*: 16.40%
• 10Y*: 11.93%

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

Return for Risk

THG vs. TRV — Risk / Return Rank

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

THG

THG Risk / Return Rank: 42
THG Sharpe Ratio Rank: 44
THG Sortino Ratio Rank: 36
THG Omega Ratio Rank: 36
THG Calmar Ratio Rank: 46
THG Martin Ratio Rank: 48

TRV

TRV Risk / Return Rank: 62
TRV Sharpe Ratio Rank: 62
TRV Sortino Ratio Rank: 54
TRV Omega Ratio Rank: 54
TRV Calmar Ratio Rank: 67
TRV Martin Ratio Rank: 71

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.

THG vs. TRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hanover Insurance Group, Inc. (THG) and The Travelers Companies, Inc. (TRV). 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	TRV	Difference
Sharpe ratio Return per unit of total volatility	0.08	0.57	-0.49
Sortino ratio Return per unit of downside risk	0.25	0.91	-0.66
Omega ratio Gain probability vs. loss probability	1.03	1.12	-0.09
Calmar ratio Return relative to maximum drawdown	0.18	1.14	-0.95
Martin ratio Return relative to average drawdown	0.47	3.45	-2.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

THG vs. TRV - Sharpe Ratio Comparison

The current THG Sharpe Ratio is 0.08, which is lower than the TRV Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of THG and TRV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	THG	TRV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	0.57	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.76	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.49	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.39	-0.11

Correlation

The correlation between THG and TRV is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

THG vs. TRV - Dividend Comparison

THG's dividend yield for the trailing twelve months is around 2.13%, more than TRV's 1.51% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
THG The Hanover Insurance Group, Inc.	2.13%	2.00%	2.23%	2.70%	2.26%	2.17%	2.27%	7.10%	1.90%	1.89%	2.07%	2.08%
TRV The Travelers Companies, Inc.	1.51%	1.50%	1.72%	2.06%	1.96%	2.23%	2.40%	2.36%	2.53%	2.09%	2.14%	2.11%

Drawdowns

THG vs. TRV - Drawdown Comparison

The maximum THG drawdown since its inception was -89.84%, which is greater than TRV's maximum drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for THG and TRV.

Drawdown Indicators

	THG	TRV	Difference
Max Drawdown Largest peak-to-trough decline	-89.84%	-55.11%	-34.73%
Max Drawdown (1Y) Largest decline over 1 year	-13.98%	-11.61%	-2.37%
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	-18.90%	-11.45%
Max Drawdown (10Y) Largest decline over 10 years	-40.10%	-46.28%	+6.18%
Current Drawdown Current decline from peak	-6.40%	-6.18%	-0.22%
Average Drawdown Average peak-to-trough decline	-22.78%	-11.16%	-11.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.36%	3.82%	+1.54%

Volatility

THG vs. TRV - Volatility Comparison

The Hanover Insurance Group, Inc. (THG) and The Travelers Companies, Inc. (TRV) have volatilities of 4.70% and 4.82%, 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.

Volatility by Period

	THG	TRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	4.82%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	12.68%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	21.35%	+0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.54%	21.83%	+0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.93%	24.39%	-0.46%

Financials

THG vs. TRV - Profitability Comparison

The chart below illustrates the profitability comparison between The Hanover Insurance Group, Inc. and The Travelers Companies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

THG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Hanover Insurance Group, Inc. reported a gross profit of 1.67B and revenue of 1.67B. Therefore, the gross margin over that period was 100.0%.

TRV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Travelers Companies, Inc. reported a gross profit of 5.88B and revenue of 12.47B. Therefore, the gross margin over that period was 47.1%.

THG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Hanover Insurance Group, Inc. reported an operating income of 272.40M and revenue of 1.67B, resulting in an operating margin of 16.3%.

TRV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Travelers Companies, Inc. reported an operating income of 2.46B and revenue of 12.47B, resulting in an operating margin of 19.7%.

THG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Hanover Insurance Group, Inc. reported a net income of 198.50M and revenue of 1.67B, resulting in a net margin of 11.9%.

TRV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Travelers Companies, Inc. reported a net income of 1.89B and revenue of 12.47B, resulting in a net margin of 15.1%.