TBLD vs HRTG

Comparison between Thornburg Income Builder Opportunities Trust (TBLD, Company) and Heritage Insurance Holdings Inc (HRTG, Company).

Both TBLD and HRTG are from the Financial Services sector.

5-Year PerformanceHRTG has outperformed TBLD, delivering a return of +23.7% compared to +9.7%

TBLD vs HRTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TBLD(COMPANY)	HRTG(COMPANY)
Market Cap	$705M	$706M
Max Drawdown	38.74%	95.13%
Sharpe Ratio	1.43	0.28
5Y Beta	0.38	0.48
Industry	Asset Management	Insurance - Property & Casualty
P/E Ratio	7.22	3.56
PEG Ratio	N/A	0.02
5Y Dividends CAGR	N/A	0.00%
Debt to Equity	0.00%	14.91%
Free Cash Flow Yield	0.00%	28.12%

Market Cap

TBLD

$705M

Winner

HRTG

$706M

Max Drawdown

Winner

TBLD

38.74%

HRTG

95.13%

Sharpe Ratio

Winner

TBLD

1.43

HRTG

0.28

5Y Beta

Winner

TBLD

0.38

HRTG

0.48

Industry

TBLD

Asset Management

HRTG

Insurance - Property & Casualty

P/E Ratio

TBLD

7.22

Winner

HRTG

3.56

PEG Ratio

TBLD

N/A

HRTG

0.02

5Y Dividends CAGR

TBLD

N/A

HRTG

0.00%

Debt to Equity

Winner

TBLD

0.00%

HRTG

14.91%

Free Cash Flow Yield

TBLD

0.00%

Winner

HRTG

28.12%

TBLD vs HRTG - Historical Returns

Returns include dividend reinvestment.

Period	TBLD	HRTG
1 month	+1.03%	-3.00%
3 months	+3.46%	-14.70%
6 months	+14.98%	-22.20%
1 year	+24.07%	+4.21%
5 years(CAGR)	+9.68%	+23.67%
10 years(CAGR)	N/A	+7.75%
Max(CAGR)	+9.68%	+7.30%

Winner

TBLD

+1.03%

HRTG

-3.00%

Winner

TBLD

+3.46%

HRTG

-14.70%

Winner

TBLD

+14.98%

HRTG

-22.20%

Winner

TBLD

+24.07%

HRTG

+4.21%

5Y(CAGR)

TBLD

+9.68%

Winner

HRTG

+23.67%

10Y(CAGR)

TBLD

N/A

HRTG

+7.75%

Max(CAGR)

Winner

TBLD

+9.68%

HRTG

+7.30%

TBLD vs HRTG - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	TBLD	HRTG
2026	+11.50%	-14.70%
2025	+32.03%	+139.44%
2024	+14.77%	+87.89%
2023	+17.12%	+252.43%
2022	-18.29%	-68.65%
2021	-4.16%	-41.81%
2020	N/A	-21.15%
2019	N/A	-9.90%
2018	N/A	-15.53%
2017	N/A	+14.64%
2016	N/A	-23.76%
2015	N/A	+11.63%
2014	N/A	+68.96%

TBLD vs HRTG Drawdown Comparison

The maximum drawdown for TBLD was -33.64%, occurring on Sep 29, 2022. Recovery took 714 trading sessions.

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

The current TBLD drawdown is -3.35%. The current HRTG drawdown is -25.27%.

Rank	TBLD	HRTG
#1	-33.64% Sep 1, 2021 - Jul 8, 2024	-94.36% Jul 17, 2015 - May 7, 2025
#2	-8.02% Sep 30, 2024 - Feb 13, 2025	-32.95% Nov 14, 2025 - Jun 3, 2026
#3	-7.81% Feb 19, 2026 - Apr 17, 2026	-26.90% May 9, 2025 - Sep 19, 2025
#4	-7.25% Mar 31, 2025 - Apr 28, 2025	-19.47% Sep 19, 2025 - Nov 7, 2025
#5	-5.82% May 26, 2026 - Jun 10, 2026	-11.87% Mar 11, 2015 - Jun 30, 2015
#6	-4.86% Jul 17, 2025 - Sep 11, 2025	-11.09% Nov 5, 2014 - Dec 9, 2014
#7	-4.86% Apr 20, 2026 - May 22, 2026	-10.65% Jul 1, 2014 - Oct 21, 2014
#8	-4.13% Nov 11, 2025 - Jan 6, 2026	-5.07% Dec 23, 2014 - Feb 5, 2015
#9	-3.67% Jul 11, 2024 - Aug 13, 2024	-5.00% Dec 9, 2014 - Dec 22, 2014
#10	-2.97% Jul 2, 2025 - Jul 16, 2025	-4.26% Jun 20, 2014 - Jul 1, 2014
#11	-2.90% Sep 15, 2025 - Oct 14, 2025	-3.08% Jun 9, 2014 - Jun 11, 2014
#12	-2.02% Oct 14, 2025 - Nov 3, 2025	-2.63% Jul 6, 2015 - Jul 14, 2015
#13	-1.88% Mar 5, 2025 - Mar 19, 2025	-2.13% Nov 7, 2025 - Nov 12, 2025
#14	-1.75% Sep 19, 2024 - Sep 25, 2024	-1.90% Mar 6, 2015 - Mar 11, 2015
#15	-1.48% Aug 21, 2024 - Aug 26, 2024	-1.79% Oct 21, 2014 - Oct 24, 2014

Correlation

Correlation between TBLD and HRTG is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2015 - 2026)

TBLD vs HRTG dividend yield comparison.

Year	TBLD	HRTG
2026	2.37%	0.00%
2025	6.22%	0.00%
2024	8.32%	0.00%
2023	8.06%	0.00%
2022	8.03%	6.67%
2021	2.79%	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%