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 0.14, 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:
-1.54
^GSPC:
0.48
6MK.DE:
-2.24
^GSPC:
0.80
6MK.DE:
0.71
^GSPC:
1.12
6MK.DE:
-0.94
^GSPC:
0.49
6MK.DE:
-1.79
^GSPC:
1.90
6MK.DE:
23.08%
^GSPC:
4.90%
6MK.DE:
26.81%
^GSPC:
19.37%
6MK.DE:
-84.56%
^GSPC:
-56.78%
6MK.DE:
-43.32%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, 6MK.DE achieves a -26.93% return, which is significantly lower than ^GSPC's -3.70% return. Over the past 10 years, 6MK.DE has underperformed ^GSPC with an annualized return of 6.35%, while ^GSPC has yielded a comparatively higher 10.43% annualized return.
6MK.DE
-26.93%
-6.87%
-25.11%
-41.20%
3.62%
6.35%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
6MK.DE vs. ^GSPC — Risk-Adjusted Performance Rank
6MK.DE
^GSPC
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 -84.56%, 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
The current volatility for Merck & Co. Inc (6MK.DE) is 10.21%, while S&P 500 (^GSPC) has a volatility of 11.21%. This indicates that 6MK.DE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.