MIH.F vs. ^GSPC
Compare and contrast key facts about Mitsubishi Heavy Industries, Ltd. (MIH.F) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIH.F or ^GSPC.
Correlation
The correlation between MIH.F and ^GSPC is 0.09, 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.
Performance
MIH.F vs. ^GSPC - Performance Comparison
Key characteristics
MIH.F:
1.62
^GSPC:
1.62
MIH.F:
2.22
^GSPC:
2.20
MIH.F:
1.27
^GSPC:
1.30
MIH.F:
3.19
^GSPC:
2.46
MIH.F:
10.55
^GSPC:
10.01
MIH.F:
8.17%
^GSPC:
2.08%
MIH.F:
53.11%
^GSPC:
12.88%
MIH.F:
-82.01%
^GSPC:
-56.78%
MIH.F:
-10.16%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, MIH.F achieves a -2.46% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, MIH.F has outperformed ^GSPC with an annualized return of 12.94%, while ^GSPC has yielded a comparatively lower 11.04% annualized return.
MIH.F
-2.46%
4.88%
18.23%
86.41%
33.75%
12.94%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
MIH.F vs. ^GSPC — Risk-Adjusted Performance Rank
MIH.F
^GSPC
MIH.F vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Heavy Industries, Ltd. (MIH.F) and S&P 500 (^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.
Drawdowns
MIH.F vs. ^GSPC - Drawdown Comparison
The maximum MIH.F drawdown since its inception was -82.01%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MIH.F and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MIH.F vs. ^GSPC - Volatility Comparison
Mitsubishi Heavy Industries, Ltd. (MIH.F) has a higher volatility of 14.54% compared to S&P 500 (^GSPC) at 3.37%. This indicates that MIH.F'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.