^HSI vs. 0005.HK

Last updated Apr 1, 2026

Compare and contrast key facts about Hang Seng Index (^HSI) and HSBC Holdings PLC (0005.HK).

Performance

^HSI vs. 0005.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Hang Seng Index (^HSI) and HSBC Holdings PLC (0005.HK). The values are adjusted to include any dividend payments, if applicable.

^HSI vs. 0005.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^HSI Hang Seng Index	-3.29%	27.77%	17.67%	-13.82%	-15.46%	-14.08%	-3.40%	9.07%	-13.61%	35.99%
0005.HK HSBC Holdings PLC	5.57%	70.54%	31.34%	39.10%	8.03%	19.47%	-32.78%	0.12%	-14.55%	35.93%

Returns By Period

In the year-to-date period, ^HSI achieves a -3.29% return, which is significantly lower than 0005.HK's 5.57% return. Over the past 10 years, ^HSI has underperformed 0005.HK with an annualized return of 1.92%, while 0005.HK has yielded a comparatively higher 16.25% annualized return.

^HSI

• 1D: 0.15%
• 1M: -6.92%
• YTD: -3.29%
• 6M: -7.70%
• 1Y: 7.22%
• 3Y*: 6.71%
• 5Y*: -3.05%
• 10Y*: 1.92%

0005.HK

• 1D: 1.78%
• 1M: -12.27%
• YTD: 5.57%
• 6M: 18.97%
• 1Y: 50.11%
• 3Y*: 42.80%
• 5Y*: 30.06%
• 10Y*: 16.25%

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

Return for Risk

^HSI vs. 0005.HK — Risk / Return Rank

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

^HSI

^HSI Risk / Return Rank: 29
^HSI Sharpe Ratio Rank: 31
^HSI Sortino Ratio Rank: 27
^HSI Omega Ratio Rank: 30
^HSI Calmar Ratio Rank: 27
^HSI Martin Ratio Rank: 28

0005.HK

0005.HK Risk / Return Rank: 86
0005.HK Sharpe Ratio Rank: 89
0005.HK Sortino Ratio Rank: 81
0005.HK Omega Ratio Rank: 88
0005.HK Calmar Ratio Rank: 82
0005.HK Martin Ratio Rank: 88

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.

^HSI vs. 0005.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and HSBC Holdings PLC (0005.HK). 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.

	^HSI	0005.HK	Difference
Sharpe ratio Return per unit of total volatility	0.32	1.75	-1.43
Sortino ratio Return per unit of downside risk	0.54	2.09	-1.54
Omega ratio Gain probability vs. loss probability	1.08	1.36	-0.28
Calmar ratio Return relative to maximum drawdown	0.27	2.48	-2.21
Martin ratio Return relative to average drawdown	0.92	9.35	-8.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^HSI vs. 0005.HK - Sharpe Ratio Comparison

The current ^HSI Sharpe Ratio is 0.32, which is lower than the 0005.HK Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of ^HSI and 0005.HK, 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

	^HSI	0005.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	1.75	-1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.12	1.28	-1.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.71	-0.62
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.26	+0.01

Correlation

The correlation between ^HSI and 0005.HK is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

^HSI vs. 0005.HK - Drawdown Comparison

The maximum ^HSI drawdown since its inception was -65.18%, smaller than the maximum 0005.HK drawdown of -76.75%. Use the drawdown chart below to compare losses from any high point for ^HSI and 0005.HK.

Drawdown Indicators

	^HSI	0005.HK	Difference
Max Drawdown Largest peak-to-trough decline	-65.18%	-76.75%	+11.57%
Max Drawdown (1Y) Largest decline over 1 year	-14.56%	-19.21%	+4.65%
Max Drawdown (5Y) Largest decline over 5 years	-50.16%	-31.89%	-18.27%
Max Drawdown (10Y) Largest decline over 10 years	-55.70%	-62.94%	+7.24%
Current Drawdown Current decline from peak	-25.23%	-12.27%	-12.96%
Average Drawdown Average peak-to-trough decline	-24.18%	-20.98%	-3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.04%	5.28%	-0.24%

Volatility

^HSI vs. 0005.HK - Volatility Comparison

The current volatility for Hang Seng Index (^HSI) is 7.16%, while HSBC Holdings PLC (0005.HK) has a volatility of 12.65%. This indicates that ^HSI experiences smaller price fluctuations and is considered to be less risky than 0005.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^HSI	0005.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.16%	12.65%	-5.49%
Volatility (6M) Calculated over the trailing 6-month period	14.14%	21.13%	-6.99%
Volatility (1Y) Calculated over the trailing 1-year period	23.06%	29.46%	-6.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.25%	24.19%	+1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.94%	23.53%	-1.59%