MIH.F vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Mitsubishi Heavy Industries, Ltd. (MIH.F) and S&P 500 Index (^GSPC).

Performance

MIH.F vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Mitsubishi Heavy Industries, Ltd. (MIH.F) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

MIH.F vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MIH.F Mitsubishi Heavy Industries, Ltd.	18.04%	53.66%	160.27%	44.65%	82.05%	-17.87%	-29.30%	12.57%	0.40%	-28.00%
^GSPC S&P 500 Index	-2.47%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

Different Trading Currencies

MIH.F is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, MIH.F achieves a 18.04% return, which is significantly higher than ^GSPC's -2.47% return. Over the past 10 years, MIH.F has outperformed ^GSPC with an annualized return of 23.28%, while ^GSPC has yielded a comparatively lower 12.07% annualized return.

MIH.F

• 1D: 6.36%
• 1M: -10.05%
• YTD: 18.04%
• 6M: 16.72%
• 1Y: 61.94%
• 3Y*: 96.20%
• 5Y*: 56.91%
• 10Y*: 23.28%

^GSPC

• 1D: 0.61%
• 1M: -3.45%
• YTD: -2.47%
• 6M: -0.63%
• 1Y: 8.91%
• 3Y*: 14.47%
• 5Y*: 10.74%
• 10Y*: 12.07%

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

Return for Risk

MIH.F vs. ^GSPC — Risk / Return Rank

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

MIH.F

MIH.F Risk / Return Rank: 79
MIH.F Sharpe Ratio Rank: 80
MIH.F Sortino Ratio Rank: 77
MIH.F Omega Ratio Rank: 72
MIH.F Calmar Ratio Rank: 82
MIH.F 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.

MIH.F vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Heavy Industries, Ltd. (MIH.F) 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.

	MIH.F	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.32	0.43	+0.89
Sortino ratio Return per unit of downside risk	1.99	0.73	+1.26
Omega ratio Gain probability vs. loss probability	1.23	1.12	+0.12
Calmar ratio Return relative to maximum drawdown	2.66	0.66	+1.99
Martin ratio Return relative to average drawdown	6.76	2.77	+3.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MIH.F vs. ^GSPC - Sharpe Ratio Comparison

The current MIH.F Sharpe Ratio is 1.32, which is higher than the ^GSPC Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of MIH.F 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

	MIH.F	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.43	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.27	0.64	+0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.65	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.45	-0.40

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.

Drawdowns

MIH.F vs. ^GSPC - Drawdown Comparison

The maximum MIH.F drawdown since its inception was -87.77%, which is greater than ^GSPC's maximum drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for MIH.F and ^GSPC.

Drawdown Indicators

	MIH.F	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-87.77%	-56.78%	-30.99%
Max Drawdown (1Y) Largest decline over 1 year	-22.26%	-12.14%	-10.12%
Max Drawdown (5Y) Largest decline over 5 years	-27.93%	-25.43%	-2.50%
Max Drawdown (10Y) Largest decline over 10 years	-62.77%	-33.92%	-28.85%
Current Drawdown Current decline from peak	-10.67%	-5.78%	-4.89%
Average Drawdown Average peak-to-trough decline	-68.21%	-10.75%	-57.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.75%	2.60%	+6.15%

Volatility

MIH.F vs. ^GSPC - Volatility Comparison

Mitsubishi Heavy Industries, Ltd. (MIH.F) has a higher volatility of 13.37% compared to S&P 500 Index (^GSPC) at 4.42%. 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.

Volatility by Period

	MIH.F	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.37%	4.42%	+8.95%
Volatility (6M) Calculated over the trailing 6-month period	34.20%	9.93%	+24.27%
Volatility (1Y) Calculated over the trailing 1-year period	46.74%	20.69%	+26.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.16%	16.81%	+27.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.86%	18.63%	+20.23%