HAS vs. SLX
HAS (Hasbro, Inc.) is a stock, while SLX (VanEck Vectors Steel ETF) is Materials fund tracking the NYSE Arca Steel Index. Over the past 10 years, HAS returned 3.21%/yr vs 19.28%/yr for SLX. At a 0.40 correlation, their price movements are largely independent.
Performance
HAS vs. SLX - Performance Comparison
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Returns By Period
In the year-to-date period, HAS achieves a 4.57% return, which is significantly lower than SLX's 31.70% return. Over the past 10 years, HAS has underperformed SLX with an annualized return of 3.21%, while SLX has yielded a comparatively higher 19.28% annualized return.
HAS
- 1D
- 0.40%
- 1M
- -10.13%
- YTD
- 4.57%
- 6M
- 4.76%
- 1Y
- 33.44%
- 3Y*
- 17.03%
- 5Y*
- 1.63%
- 10Y*
- 3.21%
SLX
- 1D
- -0.45%
- 1M
- 6.72%
- YTD
- 31.70%
- 6M
- 36.25%
- 1Y
- 76.28%
- 3Y*
- 26.79%
- 5Y*
- 16.03%
- 10Y*
- 19.28%
HAS vs. SLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAS Hasbro, Inc. | 4.57% | 52.52% | 14.76% | -11.95% | -37.93% | 11.90% | -8.42% | 33.41% | -8.20% | 19.58% |
SLX VanEck Vectors Steel ETF | 31.70% | 47.45% | -17.94% | 31.25% | 14.28% | 27.69% | 20.57% | 12.01% | -19.27% | 24.59% |
Correlation
The correlation between HAS and SLX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2006 | 0.40 |
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Return for Risk
HAS vs. SLX — Risk / Return Rank
HAS
SLX
HAS vs. SLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hasbro, Inc. (HAS) and VanEck Vectors Steel ETF (SLX). 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.
| HAS | SLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.51 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 4.69 | -2.98 |
| Martin ratioReturn relative to average drawdown | 4.53 | 16.40 | -11.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HAS | SLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 3.21 | -2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.58 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.62 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.22 | +0.08 |
Drawdowns
HAS vs. SLX - Drawdown Comparison
The maximum HAS drawdown since its inception was -74.17%, smaller than the maximum SLX drawdown of -82.14%. Use the drawdown chart below to compare losses from any high point for HAS and SLX.
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Drawdown Indicators
| HAS | SLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.17% | -82.14% | +7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -19.62% | -16.35% | -3.27% |
Max Drawdown (3Y)Largest decline over 3 years | -40.27% | -27.39% | -12.88% |
Max Drawdown (5Y)Largest decline over 5 years | -55.05% | -33.62% | -21.43% |
Max Drawdown (10Y)Largest decline over 10 years | -63.84% | -61.64% | -2.20% |
Current DrawdownCurrent decline from peak | -19.06% | -1.59% | -17.47% |
Average DrawdownAverage peak-to-trough decline | -24.43% | -38.72% | +14.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 4.67% | +2.73% |
Volatility
HAS vs. SLX - Volatility Comparison
Hasbro, Inc. (HAS) has a higher volatility of 11.63% compared to VanEck Vectors Steel ETF (SLX) at 7.67%. This indicates that HAS's price experiences larger fluctuations and is considered to be riskier than SLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HAS | SLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.63% | 7.67% | +3.96% |
Volatility (6M)Calculated over the trailing 6-month period | 23.49% | 17.94% | +5.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.82% | 23.92% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.88% | 27.72% | +5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.89% | 31.02% | +2.87% |
Dividends
HAS vs. SLX - Dividend Comparison
HAS's dividend yield for the trailing twelve months is around 3.31%, more than SLX's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAS Hasbro, Inc. | 3.31% | 3.41% | 5.01% | 5.48% | 4.56% | 2.67% | 2.91% | 2.53% | 3.03% | 2.44% | 2.56% | 2.69% |
SLX VanEck Vectors Steel ETF | 1.18% | 1.55% | 3.56% | 2.80% | 4.97% | 7.07% | 1.87% | 3.44% | 6.26% | 2.50% | 1.06% | 5.35% |
Frequently Asked Questions
HAS and SLX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HAS has higher volatility (11.63%) compared to SLX (7.67%). In terms of maximum drawdown, HAS dropped -74.17% vs SLX's -82.14%.
SLX currently has the higher Sharpe Ratio (3.21 vs 1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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