HEIJM.AS vs. ^AEX
HEIJM.AS (Heijmans NV) is a stock, while ^AEX (AEX Index) is an index. Over the past 10 years, HEIJM.AS returned 33.70%/yr vs 8.90%/yr for ^AEX. At a 0.43 correlation, their price movements are largely independent.
Performance
HEIJM.AS vs. ^AEX - Performance Comparison
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Returns By Period
In the year-to-date period, HEIJM.AS achieves a 56.68% return, which is significantly higher than ^AEX's 10.04% return. Over the past 10 years, HEIJM.AS has outperformed ^AEX with an annualized return of 33.70%, while ^AEX has yielded a comparatively lower 8.90% annualized return.
HEIJM.AS
- 1D
- -1.25%
- 1M
- 14.00%
- YTD
- 56.68%
- 6M
- 67.46%
- 1Y
- 91.53%
- 3Y*
- 124.85%
- 5Y*
- 59.42%
- 10Y*
- 33.70%
^AEX
- 1D
- 0.27%
- 1M
- 1.49%
- YTD
- 10.04%
- 6M
- 10.48%
- 1Y
- 13.10%
- 3Y*
- 11.10%
- 5Y*
- 7.77%
- 10Y*
- 8.90%
HEIJM.AS vs. ^AEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEIJM.AS Heijmans NV | 56.68% | 123.45% | 174.33% | 30.02% | -27.84% | 68.11% | 30.85% | -6.25% | -17.59% | 75.87% |
^AEX AEX Index | 10.04% | 8.27% | 11.67% | 14.20% | -13.65% | 27.75% | 3.31% | 23.92% | -10.41% | 12.71% |
Correlation
The correlation between HEIJM.AS and ^AEX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 1998 | 0.43 |
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Return for Risk
HEIJM.AS vs. ^AEX — Risk / Return Rank
HEIJM.AS
^AEX
HEIJM.AS vs. ^AEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heijmans NV (HEIJM.AS) and AEX Index (^AEX). 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.
| HEIJM.AS | ^AEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.18 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.69 | 1.92 | +2.76 |
| Martin ratioReturn relative to average drawdown | 11.88 | 4.50 | +7.38 |
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
| HEIJM.AS | ^AEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 0.99 | +1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.64 | 0.50 | +1.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.54 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.37 | -0.23 |
Drawdowns
HEIJM.AS vs. ^AEX - Drawdown Comparison
The maximum HEIJM.AS drawdown since its inception was -94.48%, which is greater than ^AEX's maximum drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for HEIJM.AS and ^AEX.
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Drawdown Indicators
| HEIJM.AS | ^AEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.48% | -71.60% | -22.88% |
Max Drawdown (1Y)Largest decline over 1 year | -18.72% | -6.82% | -11.90% |
Max Drawdown (3Y)Largest decline over 3 years | -19.40% | -16.03% | -3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -37.81% | -23.80% | -14.01% |
Max Drawdown (10Y)Largest decline over 10 years | -61.01% | -35.78% | -25.23% |
Current DrawdownCurrent decline from peak | -3.74% | -0.61% | -3.13% |
Average DrawdownAverage peak-to-trough decline | -59.77% | -22.61% | -37.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.43% | 2.94% | +4.49% |
Volatility
HEIJM.AS vs. ^AEX - Volatility Comparison
Heijmans NV (HEIJM.AS) has a higher volatility of 13.88% compared to AEX Index (^AEX) at 3.91%. This indicates that HEIJM.AS's price experiences larger fluctuations and is considered to be riskier than ^AEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEIJM.AS | ^AEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.88% | 3.91% | +9.97% |
Volatility (6M)Calculated over the trailing 6-month period | 32.15% | 10.64% | +21.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.97% | 13.28% | +28.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.55% | 15.41% | +20.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.10% | 16.22% | +20.88% |
Frequently Asked Questions
HEIJM.AS and ^AEX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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