QTWO vs NMIH

Comparison between Q2 Holdings Inc (QTWO, Company) and NMI Holdings Inc - Class A (NMIH, Company).

QTWO is from the Technology sector, while NMIH is from the Financial Services sector.

5-Year PerformanceNMIH has outperformed QTWO, delivering a return of +8.6% compared to -14.1%

QTWO vs NMIH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QTWO(COMPANY)	NMIH(COMPANY)
Market Cap	$2.81B	$2.81B
Max Drawdown	85.77%	73.07%
Sharpe Ratio	-1.47	-0.15
5Y Beta	1.25	0.60
Industry	Software - Application	Insurance - Specialty
P/E Ratio	38.06	7.34
Forward P/E	18.32	7.27
PEG Ratio	N/A	1.19
5Y EPS CAGR	N/A	20.81%
Debt to Equity	49.65%	0.00%
Free Cash Flow Yield	7.16%	15.25%

Market Cap

Winner

QTWO

$2.81B

NMIH

$2.81B

Max Drawdown

QTWO

85.77%

Winner

NMIH

73.07%

Sharpe Ratio

QTWO

-1.47

Winner

NMIH

-0.15

5Y Beta

QTWO

1.25

Winner

NMIH

0.60

Industry

QTWO

Software - Application

NMIH

Insurance - Specialty

P/E Ratio

QTWO

38.06

Winner

NMIH

7.34

Forward P/E

QTWO

18.32

Winner

NMIH

7.27

PEG Ratio

QTWO

N/A

NMIH

1.19

5Y EPS CAGR

QTWO

N/A

NMIH

20.81%

Debt to Equity

QTWO

49.65%

Winner

NMIH

0.00%

Free Cash Flow Yield

QTWO

7.16%

Winner

NMIH

15.25%

QTWO vs NMIH - Historical Returns

Returns include dividend reinvestment.

Period	QTWO	NMIH
1 month	-7.52%	-11.35%
3 months	-6.67%	-6.21%
6 months	-37.39%	-3.28%
1 year	-49.31%	-5.82%
5 years(CAGR)	-14.08%	+8.63%
10 years(CAGR)	+6.05%	+19.37%
Max(CAGR)	+9.31%	+8.02%

Winner

QTWO

-7.52%

NMIH

-11.35%

QTWO

-6.67%

Winner

NMIH

-6.21%

QTWO

-37.39%

Winner

NMIH

-3.28%

QTWO

-49.31%

Winner

NMIH

-5.82%

5Y(CAGR)

QTWO

-14.08%

Winner

NMIH

+8.63%

10Y(CAGR)

QTWO

+6.05%

Winner

NMIH

+19.37%

Max(CAGR)

Winner

QTWO

+9.31%

NMIH

+8.02%

QTWO vs NMIH - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	QTWO	NMIH
2026	-35.32%	-9.21%
2025	-27.51%	+11.45%
2024	+138.17%	+23.94%
2023	+59.71%	+40.40%
2022	-66.87%	-5.77%
2021	-35.90%	-0.68%
2020	+52.78%	-29.81%
2019	+69.45%	+85.78%
2018	+29.71%	+0.56%
2017	+29.07%	+57.41%
2016	+12.34%	+60.15%
2015	+39.60%	-26.01%
2014	+24.19%	-26.75%
2013	N/A	-9.07%

QTWO vs NMIH Drawdown Comparison

The maximum drawdown for QTWO was -85.77%, occurring on Mar 13, 2023. This drawdown has not yet recovered.

The maximum drawdown for NMIH was -73.07%, occurring on Mar 23, 2020. Recovery took 1112 trading sessions.

The current QTWO drawdown is -69.39%. The current NMIH drawdown is -14.55%.

Rank	QTWO	NMIH
#1	-85.77% Feb 16, 2021 - Mar 13, 2023	-73.07% Feb 11, 2020 - Jul 15, 2024
#2	-45.23% Aug 16, 2019 - Jul 9, 2020	-68.83% Nov 27, 2013 - Oct 20, 2017
#3	-43.85% Sep 18, 2015 - Aug 1, 2016	-36.87% Feb 26, 2018 - Aug 2, 2018
#4	-40.72% Apr 2, 2014 - Nov 7, 2014	-32.65% Sep 26, 2018 - Feb 19, 2019
#5	-32.80% Sep 14, 2018 - Feb 14, 2019	-21.42% Sep 16, 2024 - Jun 23, 2025
#6	-16.59% Nov 16, 2017 - Feb 15, 2018	-20.01% Jun 20, 2019 - Nov 7, 2019
#7	-16.46% Aug 6, 2020 - Nov 6, 2020	-18.08% Jul 3, 2025 - Oct 16, 2025
#8	-15.83% Aug 1, 2016 - Nov 11, 2016	-11.63% Jan 23, 2018 - Feb 16, 2018
#9	-14.12% Jul 22, 2015 - Sep 18, 2015	-8.57% Dec 19, 2019 - Feb 11, 2020
#10	-13.94% Dec 23, 2014 - Feb 13, 2015	-7.92% Jul 29, 2024 - Aug 23, 2024
#11	-12.42% Nov 18, 2016 - Jan 25, 2017	-7.89% Apr 26, 2019 - May 21, 2019
#12	-10.09% Jun 19, 2018 - Jul 23, 2018	-6.71% Aug 2, 2018 - Sep 10, 2018
#13	-9.83% May 25, 2017 - Aug 22, 2017	-6.11% Nov 13, 2019 - Dec 18, 2019
#14	-9.63% Dec 5, 2014 - Dec 19, 2014	-5.32% Sep 4, 2024 - Sep 16, 2024
#15	-9.53% May 19, 2015 - Jun 10, 2015	-5.18% Mar 21, 2019 - Apr 1, 2019