NOAH vs HRTG

Comparison between Noah Holdings Ltd (NOAH, Company) and Heritage Insurance Holdings Inc (HRTG, Company).

Both NOAH and HRTG are from the Financial Services sector.

5-Year PerformanceHRTG has outperformed NOAH, delivering a return of +22.0% compared to -19.6%

NOAH vs HRTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOAH(COMPANY)	HRTG(COMPANY)
Market Cap	$673M	$673M
Max Drawdown	89.32%	95.13%
Sharpe Ratio	-0.15	0.13
5Y Beta	0.85	0.49
Industry	Asset Management	Insurance - Property & Casualty
P/E Ratio	8.43	3.39
Forward P/E	7.67	N/A
PEG Ratio	0.39	0.02
Dividend Yield	5.75%	N/A
5Y Dividends CAGR	N/A	0.00%
Debt to Equity	0.00%	14.91%
Free Cash Flow Yield	17.89%	29.47%
P/S Ratio	0.25	0.77
P/B Ratio	0.46	1.26

Market Cap

NOAH

$673M

Winner

HRTG

$673M

Max Drawdown

Winner

NOAH

89.32%

HRTG

95.13%

Sharpe Ratio

NOAH

-0.15

Winner

HRTG

0.13

5Y Beta

NOAH

0.85

Winner

HRTG

0.49

Industry

NOAH

Asset Management

HRTG

Insurance - Property & Casualty

P/E Ratio

NOAH

8.43

Winner

HRTG

3.39

Forward P/E

NOAH

7.67

HRTG

N/A

PEG Ratio

NOAH

0.39

Winner

HRTG

0.02

Dividend Yield

NOAH

5.75%

HRTG

N/A

5Y Dividends CAGR

NOAH

N/A

HRTG

0.00%

Debt to Equity

Winner

NOAH

0.00%

HRTG

14.91%

Free Cash Flow Yield

NOAH

17.89%

Winner

HRTG

29.47%

P/S Ratio

Winner

NOAH

0.25

HRTG

0.77

P/B Ratio

Winner

NOAH

0.46

HRTG

1.26

NOAH vs HRTG - Historical Returns

Returns include dividend reinvestment.

Period	NOAH	HRTG
1 month	-2.92%	-2.39%
3 months	-9.23%	-20.18%
6 months	+2.38%	-22.76%
1 year	-7.99%	-5.95%
5 years(CAGR)	-19.61%	+22.01%
10 years(CAGR)	-4.53%	+7.56%
Max(CAGR)	-0.26%	+7.00%

NOAH

-2.92%

Winner

HRTG

-2.39%

Winner

NOAH

-9.23%

HRTG

-20.18%

Winner

NOAH

+2.38%

HRTG

-22.76%

NOAH

-7.99%

Winner

HRTG

-5.95%

5Y(CAGR)

NOAH

-19.61%

Winner

HRTG

+22.01%

10Y(CAGR)

NOAH

-4.53%

Winner

HRTG

+7.56%

Max(CAGR)

NOAH

-0.26%

Winner

HRTG

+7.00%

NOAH vs HRTG - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NOAH	HRTG
2026	-2.92%	-17.67%
2025	-1.22%	+139.44%
2024	+12.13%	+87.89%
2023	-9.50%	+252.43%
2022	-47.62%	-68.65%
2021	-34.49%	-41.81%
2020	+24.73%	-21.15%
2019	-18.43%	-9.90%
2018	-8.49%	-15.53%
2017	+109.70%	+14.64%
2016	-16.11%	-23.76%
2015	+27.48%	+11.63%
2014	+20.88%	+68.96%
2013	+206.86%	N/A
2012	-1.38%	N/A
2011	-67.75%	N/A
2010	+22.26%	N/A

NOAH vs HRTG Drawdown Comparison

The maximum drawdown for NOAH was -86.04%, occurring on Jul 19, 2024. This drawdown has not yet recovered.

The maximum drawdown for HRTG was -94.36%, occurring on Oct 20, 2022. Recovery took 2466 trading sessions.

The current NOAH drawdown is -77.99%. The current HRTG drawdown is -27.87%.

Rank	NOAH	HRTG
#1	-86.04% May 18, 2018 - Jul 19, 2024	-94.36% Jul 17, 2015 - May 7, 2025
#2	-78.74% Nov 22, 2010 - Oct 16, 2013	-32.95% Nov 14, 2025 - Jun 3, 2026
#3	-48.74% May 14, 2015 - Oct 9, 2017	-26.90% May 9, 2025 - Sep 19, 2025
#4	-48.29% Nov 15, 2013 - Apr 6, 2015	-19.47% Sep 19, 2025 - Nov 7, 2025
#5	-24.11% Jan 26, 2018 - May 7, 2018	-11.87% Mar 11, 2015 - Jun 30, 2015
#6	-22.97% Oct 17, 2013 - Nov 15, 2013	-11.09% Nov 5, 2014 - Dec 9, 2014
#7	-17.13% Nov 24, 2017 - Jan 8, 2018	-10.65% Jul 1, 2014 - Oct 21, 2014
#8	-7.28% Oct 11, 2017 - Nov 16, 2017	-5.07% Dec 23, 2014 - Feb 5, 2015
#9	-6.73% May 4, 2015 - May 11, 2015	-5.00% Dec 9, 2014 - Dec 22, 2014
#10	-6.34% Nov 12, 2010 - Nov 18, 2010	-4.26% Jun 20, 2014 - Jul 1, 2014
#11	-5.93% Apr 13, 2015 - Apr 16, 2015	-3.08% Jun 9, 2014 - Jun 11, 2014
#12	-3.76% Jan 11, 2018 - Jan 25, 2018	-2.63% Jul 6, 2015 - Jul 14, 2015
#13	-3.06% Nov 10, 2010 - Nov 12, 2010	-2.13% Nov 7, 2025 - Nov 12, 2025
#14	-2.65% Apr 16, 2015 - Apr 20, 2015	-1.90% Mar 6, 2015 - Mar 11, 2015
#15	-1.82% May 7, 2018 - May 9, 2018	-1.79% Oct 21, 2014 - Oct 24, 2014

Correlation

Correlation between NOAH and HRTG is 0.01 which considered as a very weak or no correlation - the stocks move independently of each other.

0.01

-101

Dividend Comparison (2012 - 2025)

NOAH vs HRTG dividend yield comparison.

Year	NOAH	HRTG
2025	11.53%	0.00%
2024	18.15%	0.00%
2023	2.90%	0.00%
2022	0.00%	6.67%
2021	0.00%	4.08%
2020	0.00%	2.37%
2019	0.00%	1.81%
2018	0.00%	1.63%
2017	0.00%	1.33%
2016	0.00%	1.47%
2015	0.00%	0.23%
2013	0.67%	0.00%
2012	2.06%	0.00%