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^SP600 vs. ^XLHK

Last updated Feb 24, 2024

Compare and contrast key facts about S&P 600 (^SP600) and Dow Jones Hong Kong Titans 30 Index (^XLHK).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP600 or ^XLHK.

Key characteristics


^SP600^XLHK
YTD Return-1.73%-3.42%
1Y Return3.05%-18.20%
3Y Return (Ann)0.18%-13.50%
5Y Return (Ann)5.59%-9.11%
10Y Return (Ann)6.99%-1.98%
Sharpe Ratio0.18-0.97
Daily Std Dev20.31%18.01%
Max Drawdown-59.17%-68.02%
Current Drawdown-11.63%-42.70%

Correlation

0.15
-1.001.00

The correlation between ^SP600 and ^XLHK is 0.15, 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.

^SP600 vs. ^XLHK - Performance Comparison

In the year-to-date period, ^SP600 achieves a -1.73% return, which is significantly higher than ^XLHK's -3.42% return. Over the past 10 years, ^SP600 has outperformed ^XLHK with an annualized return of 6.99%, while ^XLHK has yielded a comparatively lower -1.98% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2024February
8.25%
-2.72%
^SP600
^XLHK

Compare stocks, funds, or ETFs


S&P 600

Dow Jones Hong Kong Titans 30 Index

^SP600 vs. ^XLHK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) and Dow Jones Hong Kong Titans 30 Index (^XLHK). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^SP600
S&P 600
0.72
^XLHK
Dow Jones Hong Kong Titans 30 Index
-0.95

^SP600 vs. ^XLHK - Sharpe Ratio Comparison

The current ^SP600 Sharpe Ratio is 0.72, which is higher than the ^XLHK Sharpe Ratio of -0.95. The chart below compares the 12-month rolling Sharpe Ratio of ^SP600 and ^XLHK.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.00SeptemberOctoberNovemberDecember2024February
0.72
-0.95
^SP600
^XLHK

^SP600 vs. ^XLHK - Drawdown Comparison

The maximum ^SP600 drawdown since its inception was -59.17%, smaller than the maximum ^XLHK drawdown of -68.02%. The drawdown chart below compares losses from any high point along the way for ^SP600 and ^XLHK


-50.00%-40.00%-30.00%-20.00%-10.00%SeptemberOctoberNovemberDecember2024February
-11.63%
-43.14%
^SP600
^XLHK

^SP600 vs. ^XLHK - Volatility Comparison

S&P 600 (^SP600) has a higher volatility of 6.73% compared to Dow Jones Hong Kong Titans 30 Index (^XLHK) at 5.19%. This indicates that ^SP600's price experiences larger fluctuations and is considered to be riskier than ^XLHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%SeptemberOctoberNovemberDecember2024February
6.73%
5.19%
^SP600
^XLHK