CMSA vs THG

Comparison between CMS Energy Corporation (CMSA, Company) and Hanover Insurance Group Inc (THG, Company).

CMSA is from the Utilities sector, while THG is from the Financial Services sector.

5-Year PerformanceTHG has outperformed CMSA, delivering a return of +8.4% compared to +0.8%

CMSA vs THG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMSA(COMPANY)	THG(COMPANY)
Market Cap	$6.75B	$6.75B
Max Drawdown	33.16%	90.12%
Sharpe Ratio	0.50	0.41
5Y Beta	0.18	0.38
Industry	Multiline Utilities	Insurance - Property & Casualty
P/E Ratio	6.03	10.52
Forward P/E	N/A	10.89
PEG Ratio	0.97	0.07
Dividend Yield	6.26%	1.89%
5Y Dividends CAGR	-0.01%	11.24%
5Y EPS CAGR	3.94%	13.85%
Debt to Equity	199.20%	23.63%
Free Cash Flow Yield	-54.96%	18.50%
P/S Ratio	N/A	1.00
P/B Ratio	N/A	1.88

Market Cap

Winner

CMSA

$6.75B

THG

$6.75B

Max Drawdown

Winner

CMSA

33.16%

THG

90.12%

Sharpe Ratio

Winner

CMSA

0.50

THG

0.41

5Y Beta

Winner

CMSA

0.18

THG

0.38

Industry

CMSA

Multiline Utilities

THG

Insurance - Property & Casualty

P/E Ratio

Winner

CMSA

6.03

THG

10.52

Forward P/E

CMSA

N/A

THG

10.89

PEG Ratio

CMSA

0.97

Winner

THG

0.07

Dividend Yield

Winner

CMSA

6.26%

THG

1.89%

5Y Dividends CAGR

CMSA

-0.01%

Winner

THG

11.24%

5Y EPS CAGR

CMSA

3.94%

Winner

THG

13.85%

Debt to Equity

CMSA

199.20%

Winner

THG

23.63%

Free Cash Flow Yield

CMSA

-54.96%

Winner

THG

18.50%

P/S Ratio

CMSA

N/A

THG

1.00

P/B Ratio

CMSA

N/A

THG

1.88

CMSA vs THG - Historical Returns

Returns include dividend reinvestment.

Period	CMSA	THG
1 month	-1.62%	+4.90%
3 months	-3.91%	+3.05%
6 months	-1.96%	+1.42%
1 year	+7.74%	+9.16%
5 years(CAGR)	+0.82%	+8.44%
10 years(CAGR)	+3.59%	+11.04%
Max(CAGR)	+3.59%	+6.84%

CMSA

-1.62%

Winner

THG

+4.90%

CMSA

-3.91%

Winner

THG

+3.05%

CMSA

-1.96%

Winner

THG

+1.42%

CMSA

+7.74%

Winner

THG

+9.16%

5Y(CAGR)

CMSA

+0.82%

Winner

THG

+8.44%

10Y(CAGR)

CMSA

+3.59%

Winner

THG

+11.04%

Max(CAGR)

CMSA

+3.59%

Winner

THG

+6.84%

CMSA vs THG - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CMSA	THG
2026	-1.56%	+4.56%
2025	+2.51%	+22.40%
2024	-3.65%	+29.01%
2023	+19.05%	-8.17%
2022	-12.22%	+5.29%
2021	-1.02%	+16.88%
2020	+13.20%	-12.07%
2019	+15.23%	+28.32%
2018	-2.55%	+11.54%
2017	N/A	+21.12%
2016	N/A	+16.52%
2015	N/A	+17.70%
2014	N/A	+24.30%
2013	N/A	+56.55%
2012	N/A	+13.94%
2011	N/A	-23.17%
2010	N/A	+7.08%
2009	N/A	+5.78%
2008	N/A	-3.40%
2007	N/A	-5.87%
2006	N/A	+14.26%
2005	N/A	+29.10%
2004	N/A	+6.45%
2003	N/A	+204.96%
2002	N/A	-76.57%
2001	N/A	-33.33%
2000	N/A	+36.05%
1999	N/A	+1.24%

CMSA vs THG Drawdown Comparison

The maximum drawdown for CMSA was -32.25%, occurring on Mar 18, 2020. Recovery took 119 trading sessions.

The maximum drawdown for THG was -89.84%, occurring on Oct 9, 2002. Recovery took 3234 trading sessions.

The current CMSA drawdown is -9.54%. The current THG drawdown is -5.74%.

Rank	CMSA	THG
#1	-32.25% Feb 4, 2020 - Jul 24, 2020	-89.84% Dec 29, 2000 - Nov 8, 2013
#2	-17.09% Jun 22, 2021 - Dec 20, 2023	-40.84% Nov 8, 1999 - May 24, 2000
#3	-15.78% Sep 23, 2024 - Sep 29, 2025	-40.05% Feb 4, 2020 - Apr 27, 2021
#4	-10.40% Sep 30, 2025 - Mar 31, 2026	-30.38% Apr 20, 2022 - Aug 30, 2024
#5	-8.34% Dec 30, 2020 - Jun 22, 2021	-18.50% Aug 21, 2018 - May 10, 2019
#6	-8.01% Aug 30, 2018 - Jan 11, 2019	-17.77% Apr 1, 2016 - Dec 8, 2016
#7	-6.92% Mar 21, 2024 - Aug 16, 2024	-14.04% Aug 27, 2021 - Feb 3, 2022
#8	-4.02% Nov 14, 2019 - Jan 9, 2020	-13.98% Apr 2, 2025 - May 30, 2025
#9	-3.90% Mar 16, 2018 - Aug 22, 2018	-13.34% Jan 10, 2014 - Mar 31, 2014
#10	-3.39% Jan 31, 2019 - Mar 27, 2019	-12.87% May 24, 2000 - Jul 27, 2000
#11	-3.35% Apr 30, 2019 - Jun 10, 2019	-11.94% Oct 3, 2000 - Dec 7, 2000
#12	-3.32% Sep 3, 2019 - Sep 27, 2019	-11.73% Mar 15, 2017 - Jul 20, 2017
#13	-3.14% Jul 29, 2020 - Oct 27, 2020	-11.07% Aug 16, 2017 - Oct 10, 2017
#14	-2.81% Feb 1, 2024 - Feb 23, 2024	-10.68% Nov 11, 2015 - Mar 11, 2016
#15	-2.34% Jul 31, 2019 - Aug 20, 2019	-10.32% Nov 29, 2024 - Feb 6, 2025

Correlation

Correlation between CMSA and THG is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68

-101

Dividend Comparison (2000 - 2026)

CMSA vs THG dividend yield comparison.

Year	CMSA	THG
2026	1.63%	0.51%
2025	6.41%	2.00%
2024	6.30%	2.23%
2023	5.74%	2.70%
2022	6.46%	2.26%
2021	5.32%	2.17%
2020	4.94%	2.27%
2019	5.37%	7.10%
2018	2.97%	1.90%
2017	0.00%	1.89%
2016	0.00%	2.07%
2015	0.00%	2.08%
2014	0.00%	2.13%
2013	0.00%	2.28%
2012	0.00%	3.18%
2011	0.00%	4.02%
2010	0.00%	2.14%
2009	0.00%	1.69%
2008	0.00%	1.05%
2007	0.00%	0.87%
2006	0.00%	0.61%
2005	0.00%	0.60%
2002	0.00%	9.90%
2001	0.00%	0.56%
2000	0.00%	0.34%