MHNC vs NVAX

Comparison between Maiden Holdings North American Ltd 775 Nts 12012043 (MHNC, Company) and Novavax Inc (NVAX, Company).

5-Year PerformanceMHNC has outperformed NVAX, delivering a return of -3.0% compared to -49.9%

MHNC vs NVAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MHNC(COMPANY)	NVAX(COMPANY)
Market Cap	$1.31B	$1.31B
Max Drawdown	59.27%	98.82%
Sharpe Ratio	-0.89	0.24
5Y Beta	0.09	1.37
Industry	N/A	Biotechnology
P/E Ratio	-6.18	-5.24
Forward P/E	N/A	2.58
PEG Ratio	-0.01	N/A
Dividend Yield	10.60%	N/A
5Y Dividends CAGR	4.56%	N/A
5Y EPS CAGR	18.84%	-35.29%
Debt to Equity	678.14%	-152.85%
Free Cash Flow Yield	-7.37%	-2.81%

Market Cap

MHNC

$1.31B

Winner

NVAX

$1.31B

Max Drawdown

Winner

MHNC

59.27%

NVAX

98.82%

Sharpe Ratio

MHNC

-0.89

Winner

NVAX

0.24

5Y Beta

Winner

MHNC

0.09

NVAX

1.37

Industry

MHNC

N/A

NVAX

Biotechnology

P/E Ratio

Winner

MHNC

-6.18

NVAX

-5.24

Forward P/E

MHNC

N/A

NVAX

2.58

PEG Ratio

MHNC

-0.01

NVAX

N/A

Dividend Yield

MHNC

10.60%

NVAX

N/A

5Y Dividends CAGR

MHNC

4.56%

NVAX

N/A

5Y EPS CAGR

Winner

MHNC

18.84%

NVAX

-35.29%

Debt to Equity

MHNC

678.14%

Winner

NVAX

-152.85%

Free Cash Flow Yield

MHNC

-7.37%

Winner

NVAX

-2.81%

MHNC vs NVAX - Historical Returns

Returns include dividend reinvestment.

Period	MHNC	NVAX
1 month	+5.16%	-8.64%
3 months	-8.72%	-11.81%
6 months	-15.02%	-6.44%
1 year	-24.02%	-8.02%
5 years(CAGR)	-2.95%	-49.88%
10 years(CAGR)	+1.13%	-24.80%
Max(CAGR)	+3.45%	-8.94%

Winner

MHNC

+5.16%

NVAX

-8.64%

Winner

MHNC

-8.72%

NVAX

-11.81%

MHNC

-15.02%

Winner

NVAX

-6.44%

MHNC

-24.02%

Winner

NVAX

-8.02%

5Y(CAGR)

Winner

MHNC

-2.95%

NVAX

-49.88%

10Y(CAGR)

Winner

MHNC

+1.13%

NVAX

-24.80%

Max(CAGR)

Winner

MHNC

+3.45%

NVAX

-8.94%

MHNC vs NVAX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MHNC	NVAX
2026	-17.21%	+14.17%
2025	-0.47%	-21.59%
2024	+5.68%	+59.84%
2023	+13.11%	-50.97%
2022	-10.47%	-92.81%
2021	+13.55%	+26.63%
2020	+6.69%	+2383.52%
2019	+4.60%	-89.90%
2018	+1.98%	+41.54%
2017	-1.35%	-2.36%
2016	+6.93%	-84.01%
2015	+8.97%	+45.66%
2014	+34.94%	+13.82%
2013	-15.14%	+159.90%
2012	N/A	+36.96%
2011	N/A	-50.97%
2010	N/A	-13.52%
2009	N/A	+31.68%
2008	N/A	-42.02%
2007	N/A	-13.95%
2006	N/A	+5.67%
2005	N/A	+18.83%
2004	N/A	-45.76%
2003	N/A	+114.29%
2002	N/A	-80.91%
2001	N/A	+67.66%
2000	N/A	+47.83%
1999	N/A	+12.40%

MHNC vs NVAX Drawdown Comparison

The maximum drawdown for MHNC was -32.49%, occurring on Mar 7, 2019. Recovery took 597 trading sessions.

The maximum drawdown for NVAX was -98.82%, occurring on Feb 5, 2024. This drawdown has not yet recovered.

The current MHNC drawdown is -25.34%. The current NVAX drawdown is -97.46%.

Rank	MHNC	NVAX
#1	-32.49% Aug 7, 2017 - Dec 19, 2019	-98.82% Feb 8, 2021 - Feb 5, 2024
#2	-31.67% Sep 12, 2025 - Mar 20, 2026	-98.77% Oct 9, 2001 - Feb 8, 2021
#3	-29.19% Feb 4, 2020 - May 29, 2020	-58.91% Mar 8, 2000 - Aug 3, 2001
#4	-28.20% Sep 30, 2021 - Dec 13, 2023	-28.27% Sep 10, 2001 - Oct 3, 2001
#5	-19.57% Nov 4, 2024 - Aug 13, 2025	-18.43% Nov 5, 1999 - Dec 16, 1999
#6	-15.91% Nov 27, 2013 - Feb 14, 2014	-12.63% Dec 17, 1999 - Jan 20, 2000
#7	-9.62% Dec 13, 2023 - Oct 18, 2024	-10.34% Jan 21, 2000 - Feb 8, 2000
#8	-8.40% Jun 3, 2020 - Aug 11, 2020	-8.57% Aug 22, 2001 - Sep 10, 2001
#9	-7.70% Dec 10, 2015 - Feb 25, 2016	-8.06% Feb 11, 2000 - Mar 1, 2000
#10	-6.67% Aug 11, 2020 - Nov 23, 2020	-6.68% Mar 6, 2000 - Mar 8, 2000
#11	-5.82% Mar 16, 2017 - Jun 27, 2017	-5.02% Oct 3, 2001 - Oct 9, 2001
#12	-4.48% Sep 7, 2016 - Dec 27, 2016	-3.72% Aug 6, 2001 - Aug 9, 2001
#13	-3.86% Oct 18, 2024 - Oct 28, 2024	-2.91% Aug 13, 2001 - Aug 22, 2001
#14	-3.86% Feb 23, 2021 - Mar 16, 2021	-1.86% Mar 2, 2000 - Mar 6, 2000
#15	-3.61% Dec 21, 2020 - Jan 13, 2021	N/A