THG vs CMSA

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

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

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

THG vs CMSA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

THG

$6.75B

Winner

CMSA

$6.75B

Max Drawdown

THG

90.12%

Winner

CMSA

33.16%

Sharpe Ratio

THG

0.41

Winner

CMSA

0.50

5Y Beta

THG

0.38

Winner

CMSA

0.18

Industry

THG

Insurance - Property & Casualty

CMSA

Multiline Utilities

P/E Ratio

THG

10.52

Winner

CMSA

6.03

Forward P/E

THG

10.89

CMSA

N/A

PEG Ratio

Winner

THG

0.07

CMSA

0.97

Dividend Yield

THG

1.89%

Winner

CMSA

6.26%

5Y Dividends CAGR

Winner

THG

11.24%

CMSA

-0.01%

5Y EPS CAGR

Winner

THG

13.85%

CMSA

3.94%

Debt to Equity

Winner

THG

23.63%

CMSA

199.20%

Free Cash Flow Yield

Winner

THG

18.50%

CMSA

-54.96%

P/S Ratio

THG

1.00

CMSA

N/A

P/B Ratio

THG

1.88

CMSA

N/A

THG vs CMSA - Historical Returns

Returns include dividend reinvestment.

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

Winner

THG

+4.90%

CMSA

-1.62%

Winner

THG

+3.05%

CMSA

-3.91%

Winner

THG

+1.42%

CMSA

-1.96%

Winner

THG

+9.16%

CMSA

+7.74%

5Y(CAGR)

Winner

THG

+8.44%

CMSA

+0.82%

10Y(CAGR)

Winner

THG

+11.04%

CMSA

+3.59%

Max(CAGR)

Winner

THG

+6.84%

CMSA

+3.59%

THG vs CMSA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

THG vs CMSA Drawdown Comparison

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

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

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

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

Correlation

Correlation between THG and CMSA 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)

THG vs CMSA dividend yield comparison.

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