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MHK vs. ^GSPC
Performance
Return for Risk
Drawdowns
Volatility

MHK vs. ^GSPC

Last updated Jun 5, 2026

MHK (Mohawk Industries, Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, MHK returned -6.09%/yr vs 13.65%/yr for ^GSPC. At a 0.48 correlation, their price movements are largely independent.

Performance

MHK vs. ^GSPC - Performance Comparison

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

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Returns By Period

In the year-to-date period, MHK achieves a -3.75% return, which is significantly lower than ^GSPC's 10.79% return. Over the past 10 years, MHK has underperformed ^GSPC with an annualized return of -6.09%, while ^GSPC has yielded a comparatively higher 13.65% annualized return.

MHK

1D
0.31%
1M
8.02%
YTD
-3.75%
6M
-6.04%
1Y
4.13%
3Y*
3.18%
5Y*
-12.18%
10Y*
-6.09%

^GSPC

1D
0.41%
1M
4.48%
YTD
10.79%
6M
10.60%
1Y
27.02%
3Y*
21.07%
5Y*
12.39%
10Y*
13.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MHK vs. ^GSPC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MHK
Mohawk Industries, Inc.		-3.75%-8.25%15.10%1.25%-43.89%29.25%3.35%16.60%-57.61%38.17%
^GSPC
S&P 500 Index		10.79%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 0.51, 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

0.51

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

0.49

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 2, 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.

Mohawk Industries, Inc.

S&P 500 Index

Often compared with MHK:
MHK vs. VOOMHK vs. SMHMHK vs. MMSMHK vs. AAONMHK vs. PGMHK vs. MKCMHK vs. ISCG
Often compared with ^GSPC:
^GSPC vs. ^IBEX^GSPC vs. AVGO^GSPC vs. SCHD^GSPC vs. GC=F^GSPC vs. TSMU^GSPC vs. QQQ^GSPC vs. ACWI

Return for Risk

MHK vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MHK
MHK Risk / Return Rank: 4343
Overall Rank
MHK Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
MHK Sortino Ratio Rank: 4141
Sortino Ratio Rank
MHK Omega Ratio Rank: 4040
Omega Ratio Rank
MHK Calmar Ratio Rank: 4545
Calmar Ratio Rank
MHK Martin Ratio Rank: 4444
Martin Ratio Rank
^GSPC
^GSPC Risk / Return Rank: 8080
Overall Rank
^GSPC Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
^GSPC Sortino Ratio Rank: 7979
Sortino Ratio Rank
^GSPC Omega Ratio Rank: 7979
Omega Ratio Rank
^GSPC Calmar Ratio Rank: 7676
Calmar Ratio Rank
^GSPC Martin Ratio Rank: 8686
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.

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.

MHK^GSPCDifference
Sharpe ratioReturn per unit of total volatility
0.11
2.28

-2.17

Sortino ratioReturn per unit of downside risk
0.45
3.12

-2.67

Omega ratioGain probability vs. loss probability

1.05

1.41

-0.36

Calmar ratioReturn relative to maximum drawdown

0.13

2.98

-2.86

Martin ratioReturn relative to average drawdown

0.24

13.78

-13.54

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MHK vs. ^GSPC - Sharpe Ratio Comparison

The current MHK Sharpe Ratio is 0.11, which is lower than the ^GSPC Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of MHK and ^GSPC, 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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Sharpe Ratios by Period

MHK^GSPCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.11

2.28

-2.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.31

0.74

-1.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.15

0.76

-0.91

Sharpe Ratio (All Time)

Calculated using the full available price history

0.20

0.47

-0.27

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.

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Drawdown Indicators

MHK^GSPCDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-63.06%

-0.33%

-62.73%

Average Drawdown

Average peak-to-trough decline

-31.01%

-10.72%

-20.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.38%

1.97%

+15.41%

Volatility

MHK vs. ^GSPC - Volatility Comparison

Mohawk Industries, Inc. (MHK) has a higher volatility of 11.64% compared to S&P 500 Index (^GSPC) at 2.88%. 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.

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Volatility by Period

MHK^GSPCDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.64%

2.88%

+8.76%

Volatility (6M)

Calculated over the trailing 6-month period

26.89%

9.00%

+17.89%

Volatility (1Y)

Calculated over the trailing 1-year period

36.96%

11.89%

+25.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.18%

16.90%

+22.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

41.07%

18.06%

+23.01%

Frequently Asked Questions

MHK and ^GSPC have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MHK has higher volatility (11.64%) compared to ^GSPC (2.88%). In terms of maximum drawdown, MHK dropped -83.44% vs ^GSPC's -56.78%.

^GSPC currently has the higher Sharpe Ratio (2.28 vs 0.11), 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.

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