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HBI vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HBI and SPY is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

HBI vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hanesbrands Inc. (HBI) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%600.00%NovemberDecember2025FebruaryMarchApril
22.78%
500.86%
HBI
SPY

Key characteristics

Sharpe Ratio

HBI:

-0.03

SPY:

0.51

Sortino Ratio

HBI:

0.38

SPY:

0.86

Omega Ratio

HBI:

1.05

SPY:

1.13

Calmar Ratio

HBI:

-0.02

SPY:

0.55

Martin Ratio

HBI:

-0.08

SPY:

2.26

Ulcer Index

HBI:

18.04%

SPY:

4.55%

Daily Std Dev

HBI:

57.05%

SPY:

20.08%

Max Drawdown

HBI:

-86.52%

SPY:

-55.19%

Current Drawdown

HBI:

-81.77%

SPY:

-9.89%

Returns By Period

In the year-to-date period, HBI achieves a -40.66% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, HBI has underperformed SPY with an annualized return of -14.73%, while SPY has yielded a comparatively higher 12.04% annualized return.


HBI

YTD

-40.66%

1M

-17.72%

6M

-30.50%

1Y

7.81%

5Y*

-9.74%

10Y*

-14.73%

SPY

YTD

-5.76%

1M

-2.90%

6M

-4.30%

1Y

9.72%

5Y*

15.64%

10Y*

12.04%

*Annualized

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Risk-Adjusted Performance

HBI vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HBI
The Risk-Adjusted Performance Rank of HBI is 5050
Overall Rank
The Sharpe Ratio Rank of HBI is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of HBI is 4949
Sortino Ratio Rank
The Omega Ratio Rank of HBI is 4949
Omega Ratio Rank
The Calmar Ratio Rank of HBI is 5151
Calmar Ratio Rank
The Martin Ratio Rank of HBI is 5050
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6363
Overall Rank
The Sharpe Ratio Rank of SPY is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HBI vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hanesbrands Inc. (HBI) and SPDR S&P 500 ETF (SPY). 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.


The chart of Sharpe ratio for HBI, currently valued at -0.03, compared to the broader market-2.00-1.000.001.002.003.00
HBI: -0.03
SPY: 0.51
The chart of Sortino ratio for HBI, currently valued at 0.38, compared to the broader market-6.00-4.00-2.000.002.004.00
HBI: 0.38
SPY: 0.86
The chart of Omega ratio for HBI, currently valued at 1.05, compared to the broader market0.501.001.502.00
HBI: 1.05
SPY: 1.13
The chart of Calmar ratio for HBI, currently valued at -0.02, compared to the broader market0.001.002.003.004.005.00
HBI: -0.02
SPY: 0.55
The chart of Martin ratio for HBI, currently valued at -0.08, compared to the broader market-5.000.005.0010.0015.0020.00
HBI: -0.08
SPY: 2.26

The current HBI Sharpe Ratio is -0.03, which is lower than the SPY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of HBI and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.03
0.51
HBI
SPY

Dividends

HBI vs. SPY - Dividend Comparison

HBI has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.30%.


TTM20242023202220212020201920182017201620152014
HBI
Hanesbrands Inc.
0.00%0.00%0.00%9.43%3.59%4.12%4.04%4.79%2.87%2.04%1.36%1.08%
SPY
SPDR S&P 500 ETF
1.30%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

HBI vs. SPY - Drawdown Comparison

The maximum HBI drawdown since its inception was -86.52%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HBI and SPY. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-81.77%
-9.89%
HBI
SPY

Volatility

HBI vs. SPY - Volatility Comparison

Hanesbrands Inc. (HBI) has a higher volatility of 26.35% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that HBI's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
26.35%
15.12%
HBI
SPY