HAL.NS vs. MUTHOOTFIN.NS
HAL.NS (Hindustan Aeronautics Limited) and MUTHOOTFIN.NS (Muthoot Finance Limited) are both stocks. HAL.NS operates in Aerospace & Defense (Industrials), while MUTHOOTFIN.NS operates in Credit Services (Financial Services). Over the past 5 years, HAL.NS returned 78.89%/yr vs 17.26%/yr for MUTHOOTFIN.NS. At a 0.20 correlation, their price movements are largely independent.
Performance
HAL.NS vs. MUTHOOTFIN.NS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HAL.NS achieves a -3.68% return, which is significantly higher than MUTHOOTFIN.NS's -19.51% return.
HAL.NS
- 1D
- 0.48%
- 1M
- -9.23%
- YTD
- -3.68%
- 6M
- -1.75%
- 1Y
- -14.42%
- 3Y*
- 68.44%
- 5Y*
- 78.89%
- 10Y*
- —
MUTHOOTFIN.NS
- 1D
- 5.27%
- 1M
- -13.24%
- YTD
- -19.51%
- 6M
- -20.06%
- 1Y
- 20.08%
- 3Y*
- 39.67%
- 5Y*
- 17.26%
- 10Y*
- 29.72%
HAL.NS vs. MUTHOOTFIN.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HAL.NS Hindustan Aeronautics Limited | -3.68% | 6.15% | 50.52% | 352.89% | 122.59% | 50.17% | 35.95% | -4.35% | -29.96% |
MUTHOOTFIN.NS Muthoot Finance Limited | -19.51% | 80.62% | 46.80% | 41.85% | -27.82% | 25.75% | 62.90% | 50.53% | 27.88% |
Correlation
The correlation between HAL.NS and MUTHOOTFIN.NS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018 | 0.20 |
The correlation between HAL.NS and MUTHOOTFIN.NS shifts across timeframes, from 0.20 (all time) to 0.32 (1 year), 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
HAL.NS vs. MUTHOOTFIN.NS — Risk / Return Rank
HAL.NS
MUTHOOTFIN.NS
HAL.NS vs. MUTHOOTFIN.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hindustan Aeronautics Limited (HAL.NS) and Muthoot Finance Limited (MUTHOOTFIN.NS). 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.
| HAL.NS | MUTHOOTFIN.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.14 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 0.72 | -1.20 |
| Martin ratioReturn relative to average drawdown | -1.14 | 1.96 | -3.09 |
Loading charts...
Drawdowns
HAL.NS vs. MUTHOOTFIN.NS - Drawdown Comparison
The maximum HAL.NS drawdown since its inception was -51.01%, smaller than the maximum MUTHOOTFIN.NS drawdown of -67.51%. Use the drawdown chart below to compare losses from any high point for HAL.NS and MUTHOOTFIN.NS.
Loading charts...
Drawdown Indicators
| HAL.NS | MUTHOOTFIN.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.01% | -67.51% | +16.50% |
Max Drawdown (1Y)Largest decline over 1 year | -30.33% | -28.77% | -1.56% |
Max Drawdown (3Y)Largest decline over 3 years | -44.52% | -28.77% | -15.75% |
Max Drawdown (5Y)Largest decline over 5 years | -44.52% | -45.70% | +1.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.70% | — |
Current DrawdownCurrent decline from peak | -23.80% | -25.02% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -17.82% | -16.00% | -1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.52% | 10.41% | +3.11% |
Volatility
HAL.NS vs. MUTHOOTFIN.NS - Volatility Comparison
The current volatility for Hindustan Aeronautics Limited (HAL.NS) is 6.43%, while Muthoot Finance Limited (MUTHOOTFIN.NS) has a volatility of 11.59%. This indicates that HAL.NS experiences smaller price fluctuations and is considered to be less risky than MUTHOOTFIN.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HAL.NS | MUTHOOTFIN.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 11.59% | -5.16% |
Volatility (6M)Calculated over the trailing 6-month period | 22.13% | 30.02% | -7.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.71% | 35.89% | -9.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.18% | 30.52% | +24.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.70% | 36.56% | +13.14% |
Dividends
HAL.NS vs. MUTHOOTFIN.NS - Dividend Comparison
HAL.NS's dividend yield for the trailing twelve months is around 1.19%, more than MUTHOOTFIN.NS's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAL.NS Hindustan Aeronautics Limited | 1.19% | 0.91% | 0.84% | 0.62% | 4.42% | 4.79% | 11.40% | 5.42% | 0.00% | 0.00% | 0.00% | 0.00% |
MUTHOOTFIN.NS Muthoot Finance Limited | 0.99% | 0.68% | 1.12% | 1.49% | 1.88% | 1.34% | 1.24% | 1.58% | 1.94% | 1.26% | 0.71% | 3.34% |
Financials
HAL.NS vs. MUTHOOTFIN.NS - Financials Comparison
This section allows you to compare key financial metrics between Hindustan Aeronautics Limited and Muthoot Finance Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
HAL.NS and MUTHOOTFIN.NS have a correlation of 0.32, 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 HAL.NS and MUTHOOTFIN.NS
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