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:
1.70
^GSPC:
1.74
MIH.F:
2.28
^GSPC:
2.35
MIH.F:
1.28
^GSPC:
1.32
MIH.F:
3.35
^GSPC:
2.61
MIH.F:
11.17
^GSPC:
10.66
MIH.F:
8.10%
^GSPC:
2.08%
MIH.F:
53.11%
^GSPC:
12.77%
MIH.F:
-82.01%
^GSPC:
-56.78%
MIH.F:
-10.22%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, MIH.F achieves a -2.53% return, which is significantly lower than ^GSPC's 4.46% return. Over the past 10 years, MIH.F has outperformed ^GSPC with an annualized return of 13.09%, while ^GSPC has yielded a comparatively lower 11.31% annualized return.
MIH.F
-2.53%
4.57%
19.19%
93.21%
33.79%
13.09%
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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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 15.83% compared to S&P 500 (^GSPC) at 2.97%. 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.