AIL.DE vs. ^GSPC
AIL.DE (Air Liquide SA) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, AIL.DE returned 19.88%/yr vs 13.56%/yr for ^GSPC. At a 0.23 correlation, their price movements are largely independent.
Performance
AIL.DE vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
AIL.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AIL.DE achieves a 31.97% return, which is significantly higher than ^GSPC's 11.08% return. Over the past 10 years, AIL.DE has outperformed ^GSPC with an annualized return of 19.88%, while ^GSPC has yielded a comparatively lower 13.56% annualized return.
AIL.DE
- 1D
- 1.01%
- 1M
- 3.64%
- YTD
- 31.97%
- 6M
- 32.60%
- 1Y
- 21.35%
- 3Y*
- 18.82%
- 5Y*
- 17.76%
- 10Y*
- 19.88%
^GSPC
- 1D
- -0.08%
- 1M
- 0.13%
- YTD
- 11.08%
- 6M
- 9.99%
- 1Y
- 23.85%
- 3Y*
- 17.70%
- 5Y*
- 12.53%
- 10Y*
- 13.56%
AIL.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIL.DE Air Liquide SA | 31.97% | 5.64% | 8.44% | 34.97% | 8.04% | 16.88% | 10.01% | 48.66% | 4.49% | 15.05% |
^GSPC S&P 500 Index | 11.08% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between AIL.DE and ^GSPC is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 28, 2007 | 0.23 |
The correlation between AIL.DE and ^GSPC shifts across timeframes, from 0.09 (1 year) to 0.23 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AIL.DE vs. ^GSPC — Risk / Return Rank
AIL.DE
^GSPC
AIL.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Air Liquide SA (AIL.DE) and S&P 500 Index (^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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIL.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.35 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 3.17 | -1.83 |
| Martin ratioReturn relative to average drawdown | 2.83 | 11.71 | -8.88 |
Loading charts...
Drawdowns
AIL.DE vs. ^GSPC - Drawdown Comparison
The maximum AIL.DE drawdown since its inception was -42.52%, smaller than the maximum ^GSPC drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for AIL.DE and ^GSPC.
Loading charts...
Drawdown Indicators
| AIL.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.52% | -51.62% | +9.10% |
Max Drawdown (1Y)Largest decline over 1 year | -15.87% | -7.57% | -8.30% |
Max Drawdown (3Y)Largest decline over 3 years | -16.33% | -23.99% | +7.66% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -23.99% | +1.82% |
Max Drawdown (10Y)Largest decline over 10 years | -30.49% | -33.42% | +2.93% |
Current DrawdownCurrent decline from peak | 0.00% | -1.08% | +1.08% |
Average DrawdownAverage peak-to-trough decline | -8.73% | -9.08% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.53% | 2.04% | +5.49% |
Volatility
AIL.DE vs. ^GSPC - Volatility Comparison
Air Liquide SA (AIL.DE) has a higher volatility of 5.64% compared to S&P 500 Index (^GSPC) at 3.97%. This indicates that AIL.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.
Loading charts...
Volatility by Period
| AIL.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.64% | 3.97% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 18.57% | 9.16% | +9.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.60% | 12.60% | +9.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.08% | 16.86% | +4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.17% | 18.61% | +9.56% |
Frequently Asked Questions
AIL.DE and ^GSPC have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AIL.DE and ^GSPC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer