HEN3.DE vs. ^GSPC
HEN3.DE (Henkel AG & Co. KGaA) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, HEN3.DE returned -1.44%/yr vs 12.65%/yr for ^GSPC. At a 0.27 correlation, their price movements are largely independent.
Performance
HEN3.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
HEN3.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, HEN3.DE achieves a 11.09% return, which is significantly lower than ^GSPC's 11.89% return. Over the past 10 years, HEN3.DE has underperformed ^GSPC with an annualized return of -1.44%, while ^GSPC has yielded a comparatively higher 12.65% annualized return.
HEN3.DE
- 1D
- 0.32%
- 1M
- 6.43%
- 6M
- 10.11%
- YTD
- 11.09%
- 1Y
- 13.88%
- 3Y*
- 4.89%
- 5Y*
- 0.15%
- 10Y*
- -1.44%
- ALL TIME*
- 6.13%
^GSPC
- 1D
- 0.00%
- 1M
- -0.35%
- 6M
- 12.48%
- YTD
- 11.89%
- 1Y
- 20.91%
- 3Y*
- 16.94%
- 5Y*
- 11.94%
- 10Y*
- 12.65%
- ALL TIME*
- 10.08%
HEN3.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEN3.DE Henkel AG & Co. KGaA | 11.09% | -15.34% | 19.23% | 14.92% | -5.71% | -21.46% | 2.33% | -1.34% | -12.08% | -1.26% |
^GSPC S&P 500 Index | 12.96% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between HEN3.DE and ^GSPC is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2007 | 0.27 |
The correlation between HEN3.DE and ^GSPC shifts across timeframes, from -0.00 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HEN3.DE vs. ^GSPC — Risk / Return Rank
HEN3.DE
^GSPC
HEN3.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Henkel AG & Co. KGaA (HEN3.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.
| HEN3.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.31 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 2.78 | -2.21 |
| Martin ratioReturn relative to average drawdown | 1.19 | 10.22 | -9.03 |
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Drawdowns
HEN3.DE vs. ^GSPC - Drawdown Comparison
The maximum HEN3.DE drawdown since its inception was -56.29%, which is greater than ^GSPC's maximum drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for HEN3.DE and ^GSPC.
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Drawdown Indicators
| HEN3.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.29% | -50.14% | -6.15% |
Max Drawdown (1Y)Largest decline over 1 year | -24.32% | -7.57% | -16.75% |
Max Drawdown (3Y)Largest decline over 3 years | -24.94% | -23.99% | -0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -33.06% | -23.99% | -9.07% |
Max Drawdown (10Y)Largest decline over 10 years | -50.20% | -33.42% | -16.78% |
Current DrawdownCurrent decline from peak | -27.48% | -1.73% | -25.75% |
Average DrawdownAverage peak-to-trough decline | -20.04% | -8.49% | -11.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.64% | 2.05% | +9.59% |
Volatility
HEN3.DE vs. ^GSPC - Volatility Comparison
Henkel AG & Co. KGaA (HEN3.DE) has a higher volatility of 5.15% compared to S&P 500 Index (^GSPC) at 2.39%. This indicates that HEN3.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEN3.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 2.39% | +2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 16.09% | 9.21% | +6.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.23% | 12.62% | +6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.45% | 16.83% | +2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.84% | 18.60% | +1.24% |
Frequently Asked Questions
HEN3.DE and ^GSPC have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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