HO.PA vs. MIH.F
HO.PA (Thales S.A.) and MIH.F (Mitsubishi Heavy Industries, Ltd.) are both stocks. Both are in the Industrials sector — HO.PA in Aerospace & Defense, MIH.F in Specialty Industrial Machinery. Over the past 10 years, HO.PA returned 14.73%/yr vs 19.27%/yr for MIH.F. At a 0.09 correlation, their price movements are largely independent.
Performance
HO.PA vs. MIH.F - Performance Comparison
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Returns By Period
In the year-to-date period, HO.PA achieves a 3.52% return, which is significantly higher than MIH.F's -5.55% return. Over the past 10 years, HO.PA has underperformed MIH.F with an annualized return of 14.73%, while MIH.F has yielded a comparatively higher 19.27% annualized return.
HO.PA
- 1D
- -1.30%
- 1M
- 8.43%
- YTD
- 3.52%
- 6M
- 2.94%
- 1Y
- -4.66%
- 3Y*
- 23.04%
- 5Y*
- 24.78%
- 10Y*
- 14.73%
MIH.F
- 1D
- 4.87%
- 1M
- -8.52%
- YTD
- -5.55%
- 6M
- -9.38%
- 1Y
- -4.58%
- 3Y*
- 69.42%
- 5Y*
- 49.21%
- 10Y*
- 19.27%
HO.PA vs. MIH.F - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HO.PA Thales S.A. | 3.52% | 68.36% | 5.76% | 14.78% | 63.17% | 2.31% | -18.62% | -7.22% | 15.39% | -0.71% |
MIH.F Mitsubishi Heavy Industries, Ltd. | -5.55% | 53.66% | 160.27% | 44.65% | 82.05% | -17.87% | -29.30% | 12.57% | 0.40% | -28.00% |
Correlation
The correlation between HO.PA and MIH.F is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2006 | 0.09 |
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Return for Risk
HO.PA vs. MIH.F — Risk / Return Rank
HO.PA
MIH.F
HO.PA vs. MIH.F - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thales S.A. (HO.PA) and Mitsubishi Heavy Industries, Ltd. (MIH.F). 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.
| HO.PA | MIH.F | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.02 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.12 | -0.09 |
| Martin ratioReturn relative to average drawdown | -0.42 | -0.35 | -0.07 |
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Drawdowns
HO.PA vs. MIH.F - Drawdown Comparison
The maximum HO.PA drawdown since its inception was -53.77%, smaller than the maximum MIH.F drawdown of -87.77%. Use the drawdown chart below to compare losses from any high point for HO.PA and MIH.F.
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Drawdown Indicators
| HO.PA | MIH.F | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.77% | -87.77% | +34.00% |
Max Drawdown (1Y)Largest decline over 1 year | -19.60% | -32.74% | +13.14% |
Max Drawdown (3Y)Largest decline over 3 years | -20.55% | -32.74% | +12.19% |
Max Drawdown (5Y)Largest decline over 5 years | -21.97% | -32.74% | +10.77% |
Max Drawdown (10Y)Largest decline over 10 years | -53.77% | -62.77% | +9.00% |
Current DrawdownCurrent decline from peak | -12.48% | -28.52% | +16.04% |
Average DrawdownAverage peak-to-trough decline | -15.83% | -67.89% | +52.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.02% | 11.42% | -1.40% |
Volatility
HO.PA vs. MIH.F - Volatility Comparison
The current volatility for Thales S.A. (HO.PA) is 7.80%, while Mitsubishi Heavy Industries, Ltd. (MIH.F) has a volatility of 15.53%. This indicates that HO.PA experiences smaller price fluctuations and is considered to be less risky than MIH.F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HO.PA | MIH.F | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 15.53% | -7.73% |
Volatility (6M)Calculated over the trailing 6-month period | 23.68% | 34.99% | -11.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.09% | 45.61% | -14.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.21% | 44.53% | -16.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.58% | 38.84% | -11.26% |
Dividends
HO.PA vs. MIH.F - Dividend Comparison
HO.PA's dividend yield for the trailing twelve months is around 1.66%, while MIH.F has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HO.PA Thales S.A. | 1.66% | 1.65% | 2.49% | 2.27% | 2.23% | 2.62% | 0.53% | 2.36% | 1.76% | 1.84% | 1.53% | 1.64% |
MIH.F Mitsubishi Heavy Industries, Ltd. | 0.00% | 0.00% | 0.03% | 0.01% | 0.01% | 0.02% | 0.01% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% |
Financials
HO.PA vs. MIH.F - Financials Comparison
This section allows you to compare key financial metrics between Thales S.A. and Mitsubishi Heavy Industries, Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
HO.PA and MIH.F have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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