HXL vs. IVV

Last updated Apr 1, 2026

Compare and contrast key facts about Hexcel Corporation (HXL) and iShares Core S&P 500 ETF (IVV).

IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.

Performance

HXL vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hexcel Corporation (HXL) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

HXL vs. IVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HXL Hexcel Corporation	9.74%	19.20%	-14.19%	26.24%	14.41%	6.83%	-33.70%	28.96%	-6.50%	21.29%
IVV iShares Core S&P 500 ETF	-4.38%	17.85%	24.93%	26.31%	-18.16%	28.76%	18.40%	31.07%	-4.49%	21.75%

Returns By Period

In the year-to-date period, HXL achieves a 9.74% return, which is significantly higher than IVV's -4.38% return. Over the past 10 years, HXL has underperformed IVV with an annualized return of 7.23%, while IVV has yielded a comparatively higher 14.02% annualized return.

HXL

• 1D: 5.02%
• 1M: -12.69%
• YTD: 9.74%
• 6M: 29.65%
• 1Y: 49.39%
• 3Y*: 6.85%
• 5Y*: 8.30%
• 10Y*: 7.23%

IVV

• 1D: 2.88%
• 1M: -4.99%
• YTD: -4.38%
• 6M: -1.80%
• 1Y: 17.69%
• 3Y*: 18.29%
• 5Y*: 11.76%
• 10Y*: 14.02%

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

Return for Risk

HXL vs. IVV — Risk / Return Rank

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

HXL

HXL Risk / Return Rank: 82
HXL Sharpe Ratio Rank: 84
HXL Sortino Ratio Rank: 82
HXL Omega Ratio Rank: 79
HXL Calmar Ratio Rank: 81
HXL Martin Ratio Rank: 85

IVV

IVV Risk / Return Rank: 65
IVV Sharpe Ratio Rank: 58
IVV Sortino Ratio Rank: 62
IVV Omega Ratio Rank: 66
IVV Calmar Ratio Rank: 65
IVV Martin Ratio Rank: 75

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.

HXL vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hexcel Corporation (HXL) and iShares Core S&P 500 ETF (IVV). 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.

	HXL	IVV	Difference
Sharpe ratio Return per unit of total volatility	1.46	0.97	+0.49
Sortino ratio Return per unit of downside risk	2.20	1.49	+0.71
Omega ratio Gain probability vs. loss probability	1.28	1.23	+0.05
Calmar ratio Return relative to maximum drawdown	2.43	1.53	+0.89
Martin ratio Return relative to average drawdown	7.63	7.32	+0.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HXL vs. IVV - Sharpe Ratio Comparison

The current HXL Sharpe Ratio is 1.46, which is higher than the IVV Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of HXL and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HXL	IVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	0.97	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.70	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	0.78	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.42	-0.34

Correlation

The correlation between HXL and IVV is 0.53, 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.

Dividends

HXL vs. IVV - Dividend Comparison

HXL's dividend yield for the trailing twelve months is around 0.85%, less than IVV's 1.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HXL Hexcel Corporation	0.85%	0.92%	0.96%	0.68%	0.68%	0.00%	0.35%	0.87%	0.96%	0.76%	0.84%	0.86%
IVV iShares Core S&P 500 ETF	1.23%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%

Drawdowns

HXL vs. IVV - Drawdown Comparison

The maximum HXL drawdown since its inception was -96.37%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for HXL and IVV.

Drawdown Indicators

	HXL	IVV	Difference
Max Drawdown Largest peak-to-trough decline	-96.37%	-55.25%	-41.12%
Max Drawdown (1Y) Largest decline over 1 year	-18.65%	-12.06%	-6.59%
Max Drawdown (5Y) Largest decline over 5 years	-38.18%	-24.53%	-13.65%
Max Drawdown (10Y) Largest decline over 10 years	-68.51%	-33.90%	-34.61%
Current Drawdown Current decline from peak	-14.57%	-6.26%	-8.31%
Average Drawdown Average peak-to-trough decline	-45.70%	-10.85%	-34.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.94%	2.53%	+3.41%

Volatility

HXL vs. IVV - Volatility Comparison

Hexcel Corporation (HXL) has a higher volatility of 10.65% compared to iShares Core S&P 500 ETF (IVV) at 5.30%. This indicates that HXL's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HXL	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.65%	5.30%	+5.35%
Volatility (6M) Calculated over the trailing 6-month period	23.17%	9.45%	+13.72%
Volatility (1Y) Calculated over the trailing 1-year period	34.08%	18.31%	+15.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.42%	16.89%	+15.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.57%	18.04%	+18.53%