HEN3.DE vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Henkel AG & Co. KGaA (HEN3.DE) and S&P 500 Index (^GSPC).

Performance

HEN3.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Henkel AG & Co. KGaA (HEN3.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

HEN3.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HEN3.DE Henkel AG & Co. KGaA	-4.97%	-15.34%	19.23%	14.92%	-5.71%	-21.46%	4.79%	-1.34%	-12.08%	-1.26%
^GSPC S&P 500 Index	-2.47%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

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 -4.97% return, which is significantly lower than ^GSPC's -2.47% return. Over the past 10 years, HEN3.DE has underperformed ^GSPC with an annualized return of -1.29%, while ^GSPC has yielded a comparatively higher 12.07% annualized return.

HEN3.DE

• 1D: -0.27%
• 1M: -18.19%
• YTD: -4.97%
• 6M: -4.17%
• 1Y: -7.16%
• 3Y*: -0.18%
• 5Y*: -4.57%
• 10Y*: -1.29%

^GSPC

• 1D: 0.61%
• 1M: -3.45%
• YTD: -2.47%
• 6M: -0.63%
• 1Y: 8.91%
• 3Y*: 14.47%
• 5Y*: 10.74%
• 10Y*: 12.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HEN3.DE vs. ^GSPC — Risk / Return Rank

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

HEN3.DE

HEN3.DE Risk / Return Rank: 24
HEN3.DE Sharpe Ratio Rank: 23
HEN3.DE Sortino Ratio Rank: 20
HEN3.DE Omega Ratio Rank: 20
HEN3.DE Calmar Ratio Rank: 31
HEN3.DE Martin Ratio Rank: 25

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	HEN3.DE	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	-0.39	0.43	-0.82
Sortino ratio Return per unit of downside risk	-0.42	0.73	-1.15
Omega ratio Gain probability vs. loss probability	0.95	1.12	-0.17
Calmar ratio Return relative to maximum drawdown	-0.31	0.66	-0.97
Martin ratio Return relative to average drawdown	-0.91	2.77	-3.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HEN3.DE vs. ^GSPC - Sharpe Ratio Comparison

The current HEN3.DE Sharpe Ratio is -0.39, which is lower than the ^GSPC Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of HEN3.DE and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HEN3.DE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.39	0.43	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.64	-0.88
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	0.65	-0.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.45	-0.15

Correlation

The correlation between HEN3.DE and ^GSPC is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

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 -53.11%. Use the drawdown chart below to compare losses from any high point for HEN3.DE and ^GSPC.

Drawdown Indicators

	HEN3.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-56.29%	-56.78%	+0.49%
Max Drawdown (1Y) Largest decline over 1 year	-21.27%	-12.14%	-9.13%
Max Drawdown (5Y) Largest decline over 5 years	-39.07%	-25.43%	-13.64%
Max Drawdown (10Y) Largest decline over 10 years	-49.00%	-33.92%	-15.08%
Current Drawdown Current decline from peak	-36.47%	-5.78%	-30.69%
Average Drawdown Average peak-to-trough decline	-18.80%	-10.75%	-8.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.24%	2.60%	+4.64%

Volatility

HEN3.DE vs. ^GSPC - Volatility Comparison

Henkel AG & Co. KGaA (HEN3.DE) has a higher volatility of 6.03% compared to S&P 500 Index (^GSPC) at 4.42%. 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.

Volatility by Period

	HEN3.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.03%	4.42%	+1.61%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	9.93%	+3.41%
Volatility (1Y) Calculated over the trailing 1-year period	18.30%	20.69%	-2.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.14%	16.81%	+2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	18.63%	+1.04%