HEN3.DE vs. DAX
Compare and contrast key facts about Henkel AG & Co. KGaA (HEN3.DE) and Global X DAX Germany ETF (DAX).
DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HEN3.DE or DAX.
Performance
HEN3.DE vs. DAX - Performance Comparison
Returns By Period
In the year-to-date period, HEN3.DE achieves a 11.35% return, which is significantly higher than DAX's 9.13% return. Over the past 10 years, HEN3.DE has underperformed DAX with an annualized return of 1.46%, while DAX has yielded a comparatively higher 4.67% annualized return.
HEN3.DE
11.35%
-6.77%
-6.43%
13.81%
-0.67%
1.46%
DAX
9.13%
-4.93%
-0.60%
15.95%
6.22%
4.67%
Key characteristics
| HEN3.DE | DAX | |
|---|---|---|
| Sharpe Ratio | 0.91 | 1.20 |
| Sortino Ratio | 1.53 | 1.69 |
| Omega Ratio | 1.18 | 1.21 |
| Calmar Ratio | 0.38 | 1.61 |
| Martin Ratio | 3.47 | 5.84 |
| Ulcer Index | 4.14% | 2.97% |
| Daily Std Dev | 15.83% | 14.40% |
| Max Drawdown | -56.29% | -45.58% |
| Current Drawdown | -26.26% | -6.09% |
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Correlation
The correlation between HEN3.DE and DAX is 0.50, 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.
Risk-Adjusted Performance
HEN3.DE vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Henkel AG & Co. KGaA (HEN3.DE) and Global X DAX Germany ETF (DAX). 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.
Dividends
HEN3.DE vs. DAX - Dividend Comparison
HEN3.DE's dividend yield for the trailing twelve months is around 2.34%, which matches DAX's 2.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEN3.DE Henkel AG & Co. KGaA | 2.34% | 2.54% | 2.85% | 2.60% | 4.01% | 2.01% | 1.88% | 1.47% | 1.30% | 1.27% | 1.36% | 1.13% |
DAX Global X DAX Germany ETF | 2.33% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% | 0.00% | 0.00% |
Drawdowns
HEN3.DE vs. DAX - Drawdown Comparison
The maximum HEN3.DE drawdown since its inception was -56.29%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for HEN3.DE and DAX. For additional features, visit the drawdowns tool.
Volatility
HEN3.DE vs. DAX - Volatility Comparison
Henkel AG & Co. KGaA (HEN3.DE) has a higher volatility of 6.04% compared to Global X DAX Germany ETF (DAX) at 4.99%. This indicates that HEN3.DE's price experiences larger fluctuations and is considered to be riskier than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.