EXH9.DE vs. ^GSPC
EXH9.DE (iShares STOXX Europe 600 Utilities UCITS ETF (DE)) is Utilities Equities fund tracking the STOXX® Europe 600 Utilities, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, EXH9.DE returned 11.92%/yr vs 13.56%/yr for ^GSPC. At a 0.33 correlation, their price movements are largely independent.
Performance
EXH9.DE vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
EXH9.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, EXH9.DE achieves a 16.58% return, which is significantly higher than ^GSPC's 11.08% return. Over the past 10 years, EXH9.DE has underperformed ^GSPC with an annualized return of 11.92%, while ^GSPC has yielded a comparatively higher 13.56% annualized return.
EXH9.DE
- 1D
- 1.81%
- 1M
- 0.69%
- YTD
- 16.58%
- 6M
- 17.40%
- 1Y
- 28.49%
- 3Y*
- 17.95%
- 5Y*
- 12.65%
- 10Y*
- 11.92%
^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%
EXH9.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXH9.DE iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 16.58% | 33.90% | 1.27% | 13.59% | -7.81% | 9.21% | 10.85% | 31.93% | 1.21% | 9.93% |
^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 EXH9.DE and ^GSPC is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2007 | 0.33 |
Over the past year, the correlation between EXH9.DE and ^GSPC has dropped to 0.02 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
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
EXH9.DE vs. ^GSPC — Risk / Return Rank
EXH9.DE
^GSPC
EXH9.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Utilities UCITS ETF (DE) (EXH9.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.
| EXH9.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 3.17 | +0.64 |
| Martin ratioReturn relative to average drawdown | 9.98 | 11.71 | -1.73 |
Loading charts...
Drawdowns
EXH9.DE vs. ^GSPC - Drawdown Comparison
The maximum EXH9.DE drawdown since its inception was -51.23%, roughly equal to the maximum ^GSPC drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for EXH9.DE and ^GSPC.
Loading charts...
Drawdown Indicators
| EXH9.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.23% | -51.62% | +0.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.45% | -7.57% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -13.68% | -23.99% | +10.31% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -23.99% | +1.29% |
Max Drawdown (10Y)Largest decline over 10 years | -33.20% | -33.42% | +0.22% |
Current DrawdownCurrent decline from peak | -1.80% | -1.08% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -18.75% | -9.08% | -9.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 2.04% | +0.81% |
Volatility
EXH9.DE vs. ^GSPC - Volatility Comparison
The current volatility for iShares STOXX Europe 600 Utilities UCITS ETF (DE) (EXH9.DE) is 3.26%, while S&P 500 Index (^GSPC) has a volatility of 3.97%. This indicates that EXH9.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.
Loading charts...
Volatility by Period
| EXH9.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 3.97% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 13.04% | 9.16% | +3.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.95% | 12.60% | +2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 16.86% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 18.61% | -1.88% |
Frequently Asked Questions
EXH9.DE and ^GSPC have a correlation of 0.02, 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 EXH9.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