HNI vs. ^GSPC
Compare and contrast key facts about HNI Corporation (HNI) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNI or ^GSPC.
Correlation
The correlation between HNI and ^GSPC is 0.46, 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.
Performance
HNI vs. ^GSPC - Performance Comparison
Key characteristics
HNI:
0.39
^GSPC:
1.62
HNI:
0.78
^GSPC:
2.20
HNI:
1.09
^GSPC:
1.30
HNI:
0.54
^GSPC:
2.46
HNI:
1.49
^GSPC:
10.01
HNI:
7.16%
^GSPC:
2.08%
HNI:
27.11%
^GSPC:
12.88%
HNI:
-86.09%
^GSPC:
-56.78%
HNI:
-18.98%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, HNI achieves a -7.52% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, HNI has underperformed ^GSPC with an annualized return of 2.16%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
HNI
-7.52%
-8.72%
-11.60%
12.66%
6.76%
2.16%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
HNI vs. ^GSPC — Risk-Adjusted Performance Rank
HNI
^GSPC
HNI vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HNI Corporation (HNI) and S&P 500 (^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.
Drawdowns
HNI vs. ^GSPC - Drawdown Comparison
The maximum HNI drawdown since its inception was -86.09%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HNI and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HNI vs. ^GSPC - Volatility Comparison
HNI Corporation (HNI) has a higher volatility of 9.32% compared to S&P 500 (^GSPC) at 3.43%. This indicates that HNI'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.