MHK vs. ^GSPC
MHK (Mohawk Industries, Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, MHK returned -5.61%/yr vs 13.41%/yr for ^GSPC. At a 0.48 correlation, their price movements are largely independent.
Performance
MHK vs. ^GSPC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MHK achieves a 0.61% return, which is significantly lower than ^GSPC's 10.66% return. Over the past 10 years, MHK has underperformed ^GSPC with an annualized return of -5.61%, while ^GSPC has yielded a comparatively higher 13.41% annualized return.
MHK
- 1D
- 0.35%
- 1M
- 2.16%
- 6M
- -7.37%
- YTD
- 0.61%
- 1Y
- -2.27%
- 3Y*
- -0.08%
- 5Y*
- -11.18%
- 10Y*
- -5.61%
^GSPC
- 1D
- 0.42%
- 1M
- 1.94%
- 6M
- 8.74%
- YTD
- 10.66%
- 1Y
- 21.02%
- 3Y*
- 19.50%
- 5Y*
- 11.63%
- 10Y*
- 13.41%
MHK vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MHK Mohawk Industries, Inc. | 0.61% | -8.25% | 15.10% | 1.25% | -43.89% | 29.25% | 3.35% | 16.60% | -57.61% | 38.17% |
^GSPC S&P 500 Index | 10.66% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between MHK and ^GSPC is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 1992 | 0.48 |
The correlation between MHK and ^GSPC has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MHK vs. ^GSPC — Risk / Return Rank
MHK
^GSPC
MHK vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mohawk Industries, Inc. (MHK) 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.
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.
| MHK | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.30 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 2.28 | -2.38 |
| Martin ratioReturn relative to average drawdown | -0.18 | 9.88 | -10.07 |
Loading charts...
Drawdowns
MHK vs. ^GSPC - Drawdown Comparison
The maximum MHK drawdown since its inception was -83.44%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MHK and ^GSPC.
Loading charts...
Drawdown Indicators
| MHK | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.44% | -56.78% | -26.66% |
Max Drawdown (1Y)Largest decline over 1 year | -32.50% | -9.10% | -23.40% |
Max Drawdown (3Y)Largest decline over 3 years | -42.02% | -18.90% | -23.12% |
Max Drawdown (5Y)Largest decline over 5 years | -63.51% | -25.43% | -38.08% |
Max Drawdown (10Y)Largest decline over 10 years | -79.40% | -33.92% | -45.48% |
Current DrawdownCurrent decline from peak | -61.39% | -0.45% | -60.94% |
Average DrawdownAverage peak-to-trough decline | -31.09% | -10.71% | -20.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.46% | 2.09% | +16.37% |
Volatility
MHK vs. ^GSPC - Volatility Comparison
Mohawk Industries, Inc. (MHK) has a higher volatility of 16.48% compared to S&P 500 Index (^GSPC) at 4.25%. This indicates that MHK'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.
Loading charts...
Volatility by Period
| MHK | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.48% | 4.25% | +12.23% |
Volatility (6M)Calculated over the trailing 6-month period | 30.75% | 9.96% | +20.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.55% | 12.52% | +27.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.70% | 17.00% | +22.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.33% | 18.05% | +23.28% |
Frequently Asked Questions
MHK and ^GSPC have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MHK has higher volatility (16.48%) compared to ^GSPC (4.25%). In terms of maximum drawdown, MHK dropped -83.44% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.65 vs -0.09), 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.
Find the right allocation for MHK and ^GSPC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer