^HSI vs. SPY
Compare and contrast key facts about Hang Seng Index (^HSI) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^HSI or SPY.
Correlation
The correlation between ^HSI and SPY is 0.17, 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
^HSI vs. SPY - Performance Comparison
Key characteristics
^HSI:
0.82
SPY:
0.37
^HSI:
1.20
SPY:
0.68
^HSI:
1.18
SPY:
1.10
^HSI:
0.46
SPY:
0.38
^HSI:
2.36
SPY:
1.90
^HSI:
10.02%
SPY:
3.74%
^HSI:
28.86%
SPY:
19.03%
^HSI:
-91.54%
SPY:
-55.19%
^HSI:
-38.88%
SPY:
-10.22%
Returns By Period
In the year-to-date period, ^HSI achieves a 1.02% return, which is significantly higher than SPY's -6.11% return. Over the past 10 years, ^HSI has underperformed SPY with an annualized return of -3.00%, while SPY has yielded a comparatively higher 12.02% annualized return.
^HSI
1.02%
-14.80%
-1.81%
20.42%
-3.66%
-3.00%
SPY
-6.11%
-1.84%
-4.33%
6.99%
16.28%
12.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^HSI vs. SPY — Risk-Adjusted Performance Rank
^HSI
SPY
^HSI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and SPDR S&P 500 ETF (SPY). 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
^HSI vs. SPY - Drawdown Comparison
The maximum ^HSI drawdown since its inception was -91.54%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^HSI and SPY. For additional features, visit the drawdowns tool.
Volatility
^HSI vs. SPY - Volatility Comparison
Hang Seng Index (^HSI) has a higher volatility of 15.33% compared to SPDR S&P 500 ETF (SPY) at 13.87%. This indicates that ^HSI's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.