^SP400 vs. HON
Compare and contrast key facts about S&P 400 Index (^SP400) and Honeywell International Inc (HON).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP400 or HON.
Correlation
The correlation between ^SP400 and HON is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^SP400 vs. HON - Performance Comparison
Key characteristics
^SP400:
-0.15
HON:
0.23
^SP400:
-0.06
HON:
0.47
^SP400:
0.99
HON:
1.07
^SP400:
-0.13
HON:
0.24
^SP400:
-0.45
HON:
0.75
^SP400:
6.81%
HON:
7.02%
^SP400:
21.12%
HON:
23.40%
^SP400:
-56.32%
HON:
-71.79%
^SP400:
-19.05%
HON:
-16.25%
Returns By Period
The year-to-date returns for both stocks are quite close, with ^SP400 having a -12.07% return and HON slightly lower at -12.50%. Over the past 10 years, ^SP400 has underperformed HON with an annualized return of 6.04%, while HON has yielded a comparatively higher 8.85% annualized return.
^SP400
-12.07%
-8.00%
-14.19%
-2.89%
11.96%
6.04%
HON
-12.50%
-5.78%
-10.54%
5.07%
9.55%
8.85%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^SP400 vs. HON — Risk-Adjusted Performance Rank
^SP400
HON
^SP400 vs. HON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 400 Index (^SP400) and Honeywell International Inc (HON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^SP400 vs. HON - Drawdown Comparison
The maximum ^SP400 drawdown since its inception was -56.32%, smaller than the maximum HON drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for ^SP400 and HON. For additional features, visit the drawdowns tool.
Volatility
^SP400 vs. HON - Volatility Comparison
S&P 400 Index (^SP400) and Honeywell International Inc (HON) have volatilities of 14.15% and 14.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.