HWKN vs. SPUS

Last updated Jun 25, 2026

HWKN (Hawkins, Inc.) is a stock, while SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) is S&P 500 fund tracking the S&P 500 Shariah Industry Exclusions Index. Over the past 5 years, HWKN returned 39.37%/yr vs 15.52%/yr for SPUS. At a 0.39 correlation, their price movements are largely independent.

Performance

HWKN vs. SPUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hawkins, Inc. (HWKN) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HWKN achieves a 16.67% return, which is significantly higher than SPUS's 9.91% return.

HWKN

• 1D: 1.19%
• 1M: 8.09%
• YTD: 16.67%
• 6M: 13.01%
• 1Y: 18.61%
• 3Y*: 53.60%
• 5Y*: 39.37%
• 10Y*: 24.68%

SPUS

• 1D: -0.16%
• 1M: -2.12%
• YTD: 9.91%
• 6M: 8.57%
• 1Y: 29.48%
• 3Y*: 21.87%
• 5Y*: 15.52%
• 10Y*: —

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

HWKN vs. SPUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HWKN Hawkins, Inc.	16.67%	16.45%	75.46%	84.66%	-0.81%	53.05%	16.44%	1.71%
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF	9.91%	19.77%	26.49%	34.24%	-22.76%	35.92%	25.68%	0.95%

Correlation

The correlation between HWKN and SPUS is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Dec 18, 2019	0.39

Return for Risk

HWKN vs. SPUS — Risk / Return Rank

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

HWKN

HWKN Risk / Return Rank: 56
HWKN Sharpe Ratio Rank: 61
HWKN Sortino Ratio Rank: 54
HWKN Omega Ratio Rank: 53
HWKN Calmar Ratio Rank: 55
HWKN Martin Ratio Rank: 55

SPUS

SPUS Risk / Return Rank: 64
SPUS Sharpe Ratio Rank: 67
SPUS Sortino Ratio Rank: 62
SPUS Omega Ratio Rank: 63
SPUS Calmar Ratio Rank: 62
SPUS Martin Ratio Rank: 67

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.

HWKN vs. SPUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hawkins, Inc. (HWKN) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.

	HWKN	SPUS	Difference
Sharpe ratio: Return per unit of total volatility	0.51	1.95	-1.44
Sortino ratio: Return per unit of downside risk	0.91	2.60	-1.69
Omega ratio: Gain probability vs. loss probability	1.12	1.34	-0.23
Calmar ratio: Return relative to maximum drawdown	0.54	2.78	-2.24
Martin ratio: Return relative to average drawdown	1.10	10.96	-9.86

HWKN vs. SPUS - Sharpe Ratio Comparison

The current HWKN Sharpe Ratio is 0.51, which is lower than the SPUS Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of HWKN and SPUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HWKN vs. SPUS - Drawdown Comparison

The maximum HWKN drawdown since its inception was -44.76%, which is greater than SPUS's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for HWKN and SPUS.

Drawdown Indicators

	HWKN	SPUS	Difference
Max Drawdown Largest peak-to-trough decline	-44.76%	-30.80%	-13.96%
Max Drawdown (1Y) Largest decline over 1 year	-34.79%	-10.66%	-24.13%
Max Drawdown (3Y) Largest decline over 3 years	-34.79%	-22.82%	-11.97%
Max Drawdown (5Y) Largest decline over 5 years	-34.79%	-28.06%	-6.73%
Max Drawdown (10Y) Largest decline over 10 years	-44.76%	—	—
Current Drawdown Current decline from peak	-10.05%	-5.91%	-4.14%
Average Drawdown Average peak-to-trough decline	-15.71%	-6.19%	-9.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.97%	2.70%	+14.27%

Volatility

HWKN vs. SPUS - Volatility Comparison

Hawkins, Inc. (HWKN) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) have volatilities of 6.65% and 6.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HWKN	SPUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.65%	6.79%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	26.34%	12.24%	+14.10%
Volatility (1Y) Calculated over the trailing 1-year period	36.57%	15.24%	+21.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.39%	19.41%	+16.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.49%	21.33%	+16.16%

Dividends

HWKN vs. SPUS - Dividend Comparison

HWKN's dividend yield for the trailing twelve months is around 0.46%, less than SPUS's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HWKN Hawkins, Inc.	0.46%	0.52%	0.55%	0.88%	1.45%	1.28%	1.78%	2.01%	2.17%	2.44%	1.52%	2.18%
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF	0.55%	0.60%	0.70%	0.87%	1.21%	1.15%	1.04%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HWKN and SPUS in my portfolio?

HWKN and SPUS have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HWKN or SPUS?

SPUS has higher volatility (6.79%) compared to HWKN (6.65%). In terms of maximum drawdown, HWKN dropped -44.76% vs SPUS's -30.80%.

Which has better risk-adjusted returns?

SPUS currently has the higher Sharpe Ratio (1.95 vs 0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.