MHGVY vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Mowi ASA ADR (MHGVY) and S&P 500 Index (^GSPC).

Performance

MHGVY vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mowi ASA ADR (MHGVY) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

MHGVY vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MHGVY Mowi ASA ADR	-3.77%	45.61%	-1.26%	9.21%	-25.55%	9.21%	-14.38%	29.60%	32.75%	1.45%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

The year-to-date returns for both stocks are quite close, with MHGVY having a -3.77% return and ^GSPC slightly lower at -3.95%. Over the past 10 years, MHGVY has underperformed ^GSPC with an annualized return of 8.58%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

MHGVY

• 1D: 0.72%
• 1M: -0.19%
• YTD: -3.77%
• 6M: 7.34%
• 1Y: 29.00%
• 3Y*: 11.29%
• 5Y*: 1.71%
• 10Y*: 8.58%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

MHGVY vs. ^GSPC — Risk / Return Rank

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

MHGVY

MHGVY Risk / Return Rank: 76
MHGVY Sharpe Ratio Rank: 78
MHGVY Sortino Ratio Rank: 71
MHGVY Omega Ratio Rank: 70
MHGVY Calmar Ratio Rank: 80
MHGVY Martin Ratio Rank: 81

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

MHGVY vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mowi ASA ADR (MHGVY) and S&P 500 Index (^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.

	MHGVY	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.20	0.92	+0.28
Sortino ratio Return per unit of downside risk	1.69	1.41	+0.27
Omega ratio Gain probability vs. loss probability	1.22	1.21	0.00
Calmar ratio Return relative to maximum drawdown	2.40	1.41	+0.98
Martin ratio Return relative to average drawdown	6.63	6.61	+0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MHGVY vs. ^GSPC - Sharpe Ratio Comparison

The current MHGVY Sharpe Ratio is 1.20, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of MHGVY and ^GSPC, 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

	MHGVY	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	0.92	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.61	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.68	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.46	-0.12

Correlation

The correlation between MHGVY and ^GSPC is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

MHGVY vs. ^GSPC - Drawdown Comparison

The maximum MHGVY drawdown since its inception was -56.35%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MHGVY and ^GSPC.

Drawdown Indicators

	MHGVY	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-56.35%	-56.78%	+0.43%
Max Drawdown (1Y) Largest decline over 1 year	-11.61%	-12.14%	+0.53%
Max Drawdown (5Y) Largest decline over 5 years	-56.35%	-25.43%	-30.92%
Max Drawdown (10Y) Largest decline over 10 years	-56.35%	-33.92%	-22.43%
Current Drawdown Current decline from peak	-9.67%	-5.78%	-3.89%
Average Drawdown Average peak-to-trough decline	-17.21%	-10.75%	-6.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	2.60%	+1.60%

Volatility

MHGVY vs. ^GSPC - Volatility Comparison

Mowi ASA ADR (MHGVY) has a higher volatility of 8.16% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that MHGVY'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.

Volatility by Period

	MHGVY	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.16%	5.37%	+2.79%
Volatility (6M) Calculated over the trailing 6-month period	17.39%	9.55%	+7.84%
Volatility (1Y) Calculated over the trailing 1-year period	24.32%	18.33%	+5.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.69%	16.90%	+11.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.29%	18.05%	+12.24%