UVE vs. HRTG
UVE (Universal Insurance Holdings, Inc.) and HRTG (Heritage Insurance Holdings, Inc.) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, UVE returned 12.35%/yr vs 9.02%/yr for HRTG. At a 0.46 correlation, their price movements are largely independent.
Performance
UVE vs. HRTG - Performance Comparison
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Returns By Period
In the year-to-date period, UVE achieves a 19.26% return, which is significantly higher than HRTG's -14.73% return. Over the past 10 years, UVE has outperformed HRTG with an annualized return of 12.35%, while HRTG has yielded a comparatively lower 9.02% annualized return.
UVE
- 1D
- 4.31%
- 1M
- 2.54%
- YTD
- 19.26%
- 6M
- 14.94%
- 1Y
- 50.85%
- 3Y*
- 41.69%
- 5Y*
- 28.93%
- 10Y*
- 12.35%
HRTG
- 1D
- 4.88%
- 1M
- 9.05%
- YTD
- -14.73%
- 6M
- -17.30%
- 1Y
- 7.27%
- 3Y*
- 83.62%
- 5Y*
- 25.64%
- 10Y*
- 9.02%
UVE vs. HRTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UVE Universal Insurance Holdings, Inc. | 19.26% | 65.32% | 36.80% | 58.14% | -33.52% | 18.39% | -43.50% | -24.24% | 41.44% | -0.88% |
HRTG Heritage Insurance Holdings, Inc. | -14.73% | 141.82% | 85.58% | 262.22% | -68.58% | -40.09% | -21.80% | -8.50% | -17.06% | 16.94% |
Correlation
The correlation between UVE and HRTG is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 23, 2014 | 0.46 |
The correlation between UVE and HRTG shifts across timeframes, from 0.44 (5 years) to 0.64 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
UVE:
$9.07
HRTG:
$6.53
UVE:
4.41
HRTG:
3.82
UVE:
0.04
HRTG:
0.03
UVE:
0.54
HRTG:
0.91
UVE:
$1.60B
HRTG:
$848.47M
UVE:
$346.30M
HRTG:
$333.64M
UVE:
$272.42M
HRTG:
$285.21M
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Return for Risk
UVE vs. HRTG — Risk / Return Rank
UVE
HRTG
UVE vs. HRTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Insurance Holdings, Inc. (UVE) and Heritage Insurance Holdings, Inc. (HRTG). 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.
| UVE | HRTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.08 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | 0.22 | +2.66 |
| Martin ratioReturn relative to average drawdown | 5.99 | 0.47 | +5.52 |
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Drawdowns
UVE vs. HRTG - Drawdown Comparison
The maximum UVE drawdown since its inception was -80.46%, smaller than the maximum HRTG drawdown of -94.36%. Use the drawdown chart below to compare losses from any high point for UVE and HRTG.
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Drawdown Indicators
| UVE | HRTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.46% | -94.36% | +13.90% |
Max Drawdown (1Y)Largest decline over 1 year | -17.74% | -32.95% | +15.21% |
Max Drawdown (3Y)Largest decline over 3 years | -25.75% | -43.90% | +18.15% |
Max Drawdown (5Y)Largest decline over 5 years | -54.23% | -84.18% | +29.95% |
Max Drawdown (10Y)Largest decline over 10 years | -79.58% | -92.21% | +12.63% |
Current DrawdownCurrent decline from peak | -2.74% | -19.88% | +17.14% |
Average DrawdownAverage peak-to-trough decline | -36.26% | -46.47% | +10.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.51% | 15.38% | -6.87% |
Volatility
UVE vs. HRTG - Volatility Comparison
The current volatility for Universal Insurance Holdings, Inc. (UVE) is 9.28%, while Heritage Insurance Holdings, Inc. (HRTG) has a volatility of 9.97%. This indicates that UVE experiences smaller price fluctuations and is considered to be less risky than HRTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UVE | HRTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.28% | 9.97% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 26.76% | 37.75% | -10.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.83% | 57.06% | -20.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.24% | 71.39% | -29.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.35% | 57.95% | -16.60% |
Dividends
UVE vs. HRTG - Dividend Comparison
UVE's dividend yield for the trailing twelve months is around 1.93%, while HRTG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRTG Heritage Insurance Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 6.67% | 4.08% | 2.37% | 1.81% | 1.63% | 1.33% | 1.47% | 0.23% |
UVE Universal Insurance Holdings, Inc. | 1.93% | 2.28% | 3.66% | 4.82% | 7.27% | 4.53% | 5.10% | 2.75% | 1.93% | 2.52% | 2.43% | 2.72% |
Financials
UVE vs. HRTG - Financials Comparison
This section allows you to compare key financial metrics between Universal Insurance Holdings, Inc. and Heritage Insurance Holdings, 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
UVE vs. HRTG - Profitability Comparison
UVE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Universal Insurance Holdings, Inc. reported a gross profit of 0.00 and revenue of 393.57M. Therefore, the gross margin over that period was 0.0%.
HRTG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported a gross profit of 0.00 and revenue of 212.66M. Therefore, the gross margin over that period was 0.0%.
UVE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Universal Insurance Holdings, Inc. reported an operating income of 73.29M and revenue of 393.57M, resulting in an operating margin of 18.6%.
HRTG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported an operating income of 50.82M and revenue of 212.66M, resulting in an operating margin of 23.9%.
UVE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Universal Insurance Holdings, Inc. reported a net income of 54.29M and revenue of 393.57M, resulting in a net margin of 13.8%.
HRTG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Heritage Insurance Holdings, Inc. reported a net income of 36.48M and revenue of 212.66M, resulting in a net margin of 17.2%.
Frequently Asked Questions
UVE and HRTG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HRTG has higher volatility (9.97%) compared to UVE (9.28%). In terms of maximum drawdown, UVE dropped -80.46% vs HRTG's -94.36%.
UVE currently has the higher Sharpe Ratio (1.39 vs 0.13), 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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