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INDEX vs. HRB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

INDEX vs. HRB

Last updated Jun 24, 2026

INDEX (CYBER HORNET S&P 500) is S&P 500 fund tracking the S&P 500 Index, while HRB (H&R Block, Inc.) is a stock. Over the past 10 years, INDEX returned 13.29%/yr vs 9.07%/yr for HRB. At a 0.40 correlation, their price movements are largely independent.

Performance

INDEX vs. HRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CYBER HORNET S&P 500 (INDEX) and H&R Block, Inc. (HRB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, INDEX achieves a 9.65% return, which is significantly higher than HRB's -15.66% return. Over the past 10 years, INDEX has outperformed HRB with an annualized return of 13.29%, while HRB has yielded a comparatively lower 9.07% annualized return.

INDEX

1D
-0.37%
1M
0.11%
YTD
9.65%
6M
8.70%
1Y
25.41%
3Y*
19.79%
5Y*
11.53%
10Y*
13.29%

HRB

1D
5.38%
1M
-6.75%
YTD
-15.66%
6M
-15.12%
1Y
-32.36%
3Y*
6.60%
5Y*
11.86%
10Y*
9.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

INDEX vs. HRB - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
INDEX
CYBER HORNET S&P 500		9.65%17.77%24.73%10.58%-11.84%29.10%12.75%28.98%-7.83%18.70%
HRB
H&R Block, Inc.		-15.66%-14.88%12.03%36.87%59.94%55.43%-27.97%-3.55%0.49%18.22%

Correlation

The correlation between INDEX and HRB is -0.02, 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

-0.02

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (10Y)
Calculated over the trailing 10-year period

0.39

Correlation (All Time)
Calculated using the full available price history since May 11, 2015

0.40

The correlation between INDEX and HRB shifts across timeframes, from -0.02 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

CYBER HORNET S&P 500

H&R Block, Inc.

Often compared with INDEX:
INDEX vs. VOOINDEX vs. VIGAXINDEX vs. NYTINDEX vs. BCSINDEX vs. VMIAXINDEX vs. OAKIXINDEX vs. OAKLX
Often compared with HRB:
HRB vs. INTUHRB vs. BLBDHRB vs. SPYHRB vs. VOOHRB vs. UNHHRB vs. INTCHRB vs. TJX

Return for Risk

INDEX vs. HRB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
INDEX
INDEX Risk / Return Rank: 6565
Overall Rank
INDEX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
INDEX Sortino Ratio Rank: 5757
Sortino Ratio Rank
INDEX Omega Ratio Rank: 5959
Omega Ratio Rank
INDEX Calmar Ratio Rank: 6767
Calmar Ratio Rank
INDEX Martin Ratio Rank: 7878
Martin Ratio Rank
HRB
HRB Risk / Return Rank: 1313
Overall Rank
HRB Sharpe Ratio Rank: 99
Sharpe Ratio Rank
HRB Sortino Ratio Rank: 99
Sortino Ratio Rank
HRB Omega Ratio Rank: 1111
Omega Ratio Rank
HRB Calmar Ratio Rank: 1818
Calmar Ratio Rank
HRB Martin Ratio Rank: 1616
Martin Ratio Rank
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.

INDEX vs. HRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CYBER HORNET S&P 500 (INDEX) and H&R Block, Inc. (HRB). 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.

INDEXHRBDifference
Sharpe ratioReturn per unit of total volatility
2.15
-0.79

+2.94

Sortino ratioReturn per unit of downside risk
2.91
-1.21

+4.12

Omega ratioGain probability vs. loss probability

1.39

0.86

+0.53

Calmar ratioReturn relative to maximum drawdown

3.00

-0.66

+3.66

Martin ratioReturn relative to average drawdown

13.57

-1.17

+14.74

INDEX vs. HRB - Sharpe Ratio Comparison

The current INDEX Sharpe Ratio is 2.15, which is higher than the HRB Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of INDEX and HRB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

INDEX vs. HRB - Drawdown Comparison

The maximum INDEX drawdown since its inception was -38.82%, smaller than the maximum HRB drawdown of -62.08%. Use the drawdown chart below to compare losses from any high point for INDEX and HRB.

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Drawdown Indicators

INDEXHRBDifference

Max Drawdown

Largest peak-to-trough decline

-38.82%

-62.08%

+23.26%

Max Drawdown (1Y)

Largest decline over 1 year

-8.93%

-49.16%

+40.23%

Max Drawdown (3Y)

Largest decline over 3 years

-18.75%

-55.54%

+36.79%

Max Drawdown (5Y)

Largest decline over 5 years

-21.52%

-55.54%

+34.02%

Max Drawdown (10Y)

Largest decline over 10 years

-38.82%

-57.72%

+18.90%

Current Drawdown

Current decline from peak

-1.70%

-42.34%

+40.64%

Average Drawdown

Average peak-to-trough decline

-4.62%

-18.66%

+14.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

27.74%

-25.77%

Volatility

INDEX vs. HRB - Volatility Comparison

The current volatility for CYBER HORNET S&P 500 (INDEX) is 4.71%, while H&R Block, Inc. (HRB) has a volatility of 10.18%. This indicates that INDEX experiences smaller price fluctuations and is considered to be less risky than HRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

INDEXHRBDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.71%

10.18%

-5.47%

Volatility (6M)

Calculated over the trailing 6-month period

9.85%

35.74%

-25.89%

Volatility (1Y)

Calculated over the trailing 1-year period

12.47%

41.01%

-28.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.83%

33.05%

-16.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.69%

35.85%

-17.16%

Dividends

INDEX vs. HRB - Dividend Comparison

INDEX's dividend yield for the trailing twelve months is around 0.95%, less than HRB's 4.68% yield.

PositionTTM20252024202320222021202020192018201720162015
HRB
H&R Block, Inc.		4.68%3.65%2.63%2.52%3.07%4.54%6.56%4.39%3.90%3.59%3.74%2.40%
INDEX
CYBER HORNET S&P 500		0.95%1.04%1.97%1.56%3.25%1.81%1.53%1.61%3.09%1.15%0.00%0.00%

Frequently Asked Questions

INDEX and HRB have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HRB has higher volatility (10.18%) compared to INDEX (4.71%). In terms of maximum drawdown, INDEX dropped -38.82% vs HRB's -62.08%.

INDEX currently has the higher Sharpe Ratio (2.15 vs -0.79), 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.

Portfolio Optimizer

Find the right allocation for INDEX and HRB

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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