UNM vs. THG
UNM (Unum Group) and THG (The Hanover Insurance Group, Inc.) are both stocks. Both are in the Financial Services sector — UNM in Insurance - Life, THG in Insurance - Property & Casualty. Over the past 10 years, UNM returned 13.77%/yr vs 14.31%/yr for THG. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
UNM vs. THG - Performance Comparison
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Returns By Period
In the year-to-date period, UNM achieves a 13.11% return, which is significantly lower than THG's 28.60% return. Both investments have delivered pretty close results over the past 10 years, with UNM having a 13.77% annualized return and THG not far ahead at 14.31%.
UNM
- 1D
- -0.76%
- 1M
- -6.20%
- 6M
- 14.69%
- YTD
- 13.11%
- 1Y
- 26.47%
- 3Y*
- 24.15%
- 5Y*
- 29.59%
- 10Y*
- 13.77%
- ALL TIME*
- 8.82%
THG
- 1D
- 1.10%
- 1M
- 4.97%
- 6M
- 34.97%
- YTD
- 28.60%
- 1Y
- 40.63%
- 3Y*
- 30.08%
- 5Y*
- 13.98%
- 10Y*
- 14.31%
- ALL TIME*
- 9.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $76.18M | $77.60M | $67.12M | |
UNM Unum Group | $144.51M | $136.21M | $122.97M |
UNM vs. THG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNM Unum Group | 13.11% | 8.56% | 66.31% | 13.72% | 73.56% | 11.87% | -16.22% | 2.63% | -45.22% | 27.19% |
THG The Hanover Insurance Group, Inc. | 28.60% | 20.66% | 30.61% | -7.61% | 5.40% | 14.51% | -12.31% | 26.73% | 10.15% | 21.41% |
Correlation
The correlation between UNM and THG is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.51 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 1995 | 0.46 |
The correlation between UNM and THG has been stable across timeframes, ranging from 0.43 to 0.51 - a consistent structural relationship.
Fundamentals
UNM:
$13.63B
THG:
$8.10B
UNM:
$4.24
THG:
$27.73
UNM:
20.31
THG:
8.39
UNM:
1.42
THG:
0.03
UNM:
1.08
THG:
0.94
UNM:
$13.25B
THG:
$6.76B
UNM:
$4.73B
THG:
$1.19B
UNM:
$1.21B
THG:
$1.01B
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Return for Risk
UNM vs. THG — Risk / Return Rank
UNM
THG
UNM vs. THG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unum Group (UNM) and The Hanover Insurance Group, Inc. (THG). 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.
| UNM | THG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 3.85 | -1.86 |
| Martin ratioReturn relative to average drawdown | 4.97 | 8.98 | -4.01 |
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Drawdowns
UNM vs. THG - Drawdown Comparison
The maximum UNM drawdown since its inception was -89.38%, roughly equal to the maximum THG drawdown of -89.84%. Use the drawdown chart below to compare losses from any high point for UNM and THG.
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Drawdown Indicators
| UNM | THG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.38% | -89.84% | +0.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.55% | -10.02% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -17.94% | -13.98% | -3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -20.95% | -30.35% | +9.40% |
Max Drawdown (10Y)Largest decline over 10 years | -81.06% | -40.10% | -40.96% |
Current DrawdownCurrent decline from peak | -6.59% | 0.00% | -6.59% |
Average DrawdownAverage peak-to-trough decline | -32.57% | -22.56% | -10.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.66% | 4.28% | +0.38% |
Volatility
UNM vs. THG - Volatility Comparison
Unum Group (UNM) and The Hanover Insurance Group, Inc. (THG) have volatilities of 8.35% and 8.06%, 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.
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Volatility by Period
| UNM | THG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.35% | 8.06% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 16.55% | 15.81% | +0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 21.04% | +1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.81% | 22.83% | +6.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.46% | 24.21% | +13.25% |
Dividends
UNM vs. THG - Dividend Comparison
UNM's dividend yield for the trailing twelve months is around 2.19%, more than THG's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THG The Hanover Insurance Group, Inc. | 1.61% | 2.00% | 2.23% | 2.70% | 2.26% | 2.17% | 2.27% | 7.10% | 1.90% | 1.89% | 2.07% | 2.08% |
UNM Unum Group | 2.19% | 2.27% | 2.15% | 3.07% | 3.07% | 4.76% | 4.97% | 3.74% | 3.34% | 1.57% | 1.75% | 2.10% |
Financials
UNM vs. THG - Financials Comparison
This section allows you to compare key financial metrics between Unum Group and The Hanover Insurance Group, Inc.. 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
UNM vs. THG - Profitability Comparison
UNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Unum Group reported a gross profit of 1.29B and revenue of 3.29B. Therefore, the gross margin over that period was 39.2%.
THG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Hanover Insurance Group, Inc. reported a gross profit of -743.80M and revenue of 1.73B. Therefore, the gross margin over that period was -43.1%.
UNM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Unum Group reported an operating income of 329.50M and revenue of 3.29B, resulting in an operating margin of 10.0%.
THG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Hanover Insurance Group, Inc. reported an operating income of 141.10M and revenue of 1.73B, resulting in an operating margin of 8.2%.
UNM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Unum Group reported a net income of 256.90M and revenue of 3.29B, resulting in a net margin of 7.8%.
THG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Hanover Insurance Group, Inc. reported a net income of 191.60M and revenue of 1.73B, resulting in a net margin of 11.1%.
Frequently Asked Questions
UNM and THG have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNM has higher volatility (8.35%) compared to THG (8.06%). In terms of maximum drawdown, UNM dropped -89.38% vs THG's -89.84%.
THG currently has the higher Sharpe Ratio (1.86 vs 1.02), 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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