6MK.DE vs. ^GSPC
Compare and contrast key facts about Merck & Co. Inc (6MK.DE) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 6MK.DE or ^GSPC.
Correlation
The correlation between 6MK.DE and ^GSPC is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
6MK.DE vs. ^GSPC - Performance Comparison
Key characteristics
6MK.DE:
0.04
^GSPC:
2.10
6MK.DE:
0.19
^GSPC:
2.80
6MK.DE:
1.03
^GSPC:
1.39
6MK.DE:
0.03
^GSPC:
3.09
6MK.DE:
0.06
^GSPC:
13.49
6MK.DE:
12.91%
^GSPC:
1.94%
6MK.DE:
20.62%
^GSPC:
12.52%
6MK.DE:
-84.55%
^GSPC:
-56.78%
6MK.DE:
-22.67%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, 6MK.DE achieves a -0.50% return, which is significantly lower than ^GSPC's 24.34% return. Both investments have delivered pretty close results over the past 10 years, with 6MK.DE having a 11.62% annualized return and ^GSPC not far behind at 11.06%.
6MK.DE
-0.50%
3.57%
-20.37%
0.93%
7.38%
11.62%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
6MK.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Merck & Co. Inc (6MK.DE) and S&P 500 (^GSPC). 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
6MK.DE vs. ^GSPC - Drawdown Comparison
The maximum 6MK.DE drawdown since its inception was -84.55%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for 6MK.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
6MK.DE vs. ^GSPC - Volatility Comparison
Merck & Co. Inc (6MK.DE) has a higher volatility of 6.65% compared to S&P 500 (^GSPC) at 3.75%. This indicates that 6MK.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.