HEROMOTOCO.NS vs. RACE

Last updated Jun 5, 2026

HEROMOTOCO.NS (Hero MotoCorp Limited) and RACE (Ferrari N.V.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 10 years, HEROMOTOCO.NS returned 8.01%/yr vs 28.46%/yr for RACE. At a 0.04 correlation, their price movements are largely independent.

Performance

HEROMOTOCO.NS vs. RACE - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Hero MotoCorp Limited (HEROMOTOCO.NS) and Ferrari N.V. (RACE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HEROMOTOCO.NS is traded in INR, while RACE is traded in USD. To make them comparable, the RACE values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, HEROMOTOCO.NS achieves a -13.75% return, which is significantly lower than RACE's 1.53% return. Over the past 10 years, HEROMOTOCO.NS has underperformed RACE with an annualized return of 8.01%, while RACE has yielded a comparatively higher 28.46% annualized return.

HEROMOTOCO.NS

• 1D: 0.86%
• 1M: -5.56%
• YTD: -13.75%
• 6M: -21.62%
• 1Y: 20.91%
• 3Y*: 23.38%
• 5Y*: 13.72%
• 10Y*: 8.01%

RACE

• 1D: -1.71%
• 1M: 3.56%
• YTD: 1.53%
• 6M: -4.64%
• 1Y: -18.22%
• 3Y*: 12.04%
• 5Y*: 17.15%
• 10Y*: 28.46%

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

HEROMOTOCO.NS vs. RACE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HEROMOTOCO.NS Hero MotoCorp Limited	-13.75%	44.34%	3.47%	56.83%	15.14%	-18.22%	32.10%	-18.78%	-15.77%	27.44%
RACE Ferrari N.V.	1.53%	-7.42%	30.17%	60.22%	-7.72%	15.58%	43.23%	72.12%	4.18%	70.65%

Correlation

The correlation between HEROMOTOCO.NS and RACE is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.03
Correlation (All Time) Calculated using the full available price history since Oct 22, 2015	0.04

Return for Risk

HEROMOTOCO.NS vs. RACE — Risk / Return Rank

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

HEROMOTOCO.NS

HEROMOTOCO.NS Risk / Return Rank: 61
HEROMOTOCO.NS Sharpe Ratio Rank: 66
HEROMOTOCO.NS Sortino Ratio Rank: 60
HEROMOTOCO.NS Omega Ratio Rank: 58
HEROMOTOCO.NS Calmar Ratio Rank: 60
HEROMOTOCO.NS Martin Ratio Rank: 61

RACE

RACE Risk / Return Rank: 15
RACE Sharpe Ratio Rank: 10
RACE Sortino Ratio Rank: 13
RACE Omega Ratio Rank: 12
RACE Calmar Ratio Rank: 17
RACE Martin Ratio Rank: 20

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.

HEROMOTOCO.NS vs. RACE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hero MotoCorp Limited (HEROMOTOCO.NS) and Ferrari N.V. (RACE). 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.

	HEROMOTOCO.NS	RACE	Difference
Sharpe ratio: Return per unit of total volatility	0.76	-0.54	+1.30
Sortino ratio: Return per unit of downside risk	1.25	-0.53	+1.78
Omega ratio: Gain probability vs. loss probability	1.15	0.93	+0.22
Calmar ratio: Return relative to maximum drawdown	0.90	-0.54	+1.43
Martin ratio: Return relative to average drawdown	2.01	-0.86	+2.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HEROMOTOCO.NS vs. RACE - Sharpe Ratio Comparison

The current HEROMOTOCO.NS Sharpe Ratio is 0.76, which is higher than the RACE Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of HEROMOTOCO.NS and RACE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HEROMOTOCO.NS	RACE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	-0.54	+1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.61	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	1.00	-0.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.83	-0.32

Drawdowns

HEROMOTOCO.NS vs. RACE - Drawdown Comparison

The maximum HEROMOTOCO.NS drawdown since its inception was -58.18%, which is greater than RACE's maximum drawdown of -40.46%. Use the drawdown chart below to compare losses from any high point for HEROMOTOCO.NS and RACE.

Drawdown Indicators

	HEROMOTOCO.NS	RACE	Difference
Max Drawdown Largest peak-to-trough decline	-58.18%	-40.46%	-17.72%
Max Drawdown (1Y) Largest decline over 1 year	-22.62%	-34.16%	+11.54%
Max Drawdown (3Y) Largest decline over 3 years	-42.16%	-34.16%	-8.00%
Max Drawdown (5Y) Largest decline over 5 years	-42.16%	-35.39%	-6.77%
Max Drawdown (10Y) Largest decline over 10 years	-58.18%	-35.39%	-22.79%
Current Drawdown Current decline from peak	-21.62%	-24.69%	+3.07%
Average Drawdown Average peak-to-trough decline	-15.08%	-9.39%	-5.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.09%	21.30%	-11.21%

Volatility

HEROMOTOCO.NS vs. RACE - Volatility Comparison

The current volatility for Hero MotoCorp Limited (HEROMOTOCO.NS) is 7.48%, while Ferrari N.V. (RACE) has a volatility of 10.79%. This indicates that HEROMOTOCO.NS experiences smaller price fluctuations and is considered to be less risky than RACE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HEROMOTOCO.NS	RACE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	10.79%	-3.31%
Volatility (6M) Calculated over the trailing 6-month period	20.41%	22.98%	-2.57%
Volatility (1Y) Calculated over the trailing 1-year period	26.67%	34.16%	-7.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.36%	28.44%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.13%	28.52%	-0.39%

Dividends

HEROMOTOCO.NS vs. RACE - Dividend Comparison

HEROMOTOCO.NS's dividend yield for the trailing twelve months is around 3.58%, more than RACE's 2.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HEROMOTOCO.NS Hero MotoCorp Limited	3.58%	2.86%	3.36%	2.42%	3.47%	4.26%	2.89%	3.56%	3.06%	2.25%	2.37%	1.11%
RACE Ferrari N.V.	2.45%	1.85%	0.61%	0.59%	0.69%	0.40%	0.54%	0.70%	0.88%	0.61%	0.79%	0.00%

Financials

Frequently Asked Questions

Can I hold both HEROMOTOCO.NS and RACE in my portfolio?

HEROMOTOCO.NS and RACE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.