^SP600 vs. ^XLHK
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.
Correlation
The correlation between ^SP600 and ^XLHK is 0.16, 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
^SP600 vs. ^XLHK - Performance Comparison
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Key characteristics
^SP600:
-0.07
^XLHK:
0.01
^SP600:
0.03
^XLHK:
0.23
^SP600:
1.00
^XLHK:
1.03
^SP600:
-0.08
^XLHK:
0.03
^SP600:
-0.23
^XLHK:
0.10
^SP600:
10.06%
^XLHK:
12.82%
^SP600:
24.14%
^XLHK:
21.19%
^SP600:
-59.17%
^XLHK:
-68.02%
^SP600:
-14.87%
^XLHK:
-39.42%
Returns By Period
In the year-to-date period, ^SP600 achieves a -6.62% return, which is significantly lower than ^XLHK's 8.02% return. Over the past 10 years, ^SP600 has outperformed ^XLHK with an annualized return of 6.24%, while ^XLHK has yielded a comparatively lower -3.04% annualized return.
^SP600
-6.62%
11.93%
-10.09%
-1.77%
3.91%
11.26%
6.24%
^XLHK
8.02%
11.08%
7.98%
-0.54%
-6.49%
-4.47%
-3.04%
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Risk-Adjusted Performance
^SP600 vs. ^XLHK — Risk-Adjusted Performance Rank
^SP600
^XLHK
^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.
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Drawdowns
^SP600 vs. ^XLHK - Drawdown Comparison
The maximum ^SP600 drawdown since its inception was -59.17%, smaller than the maximum ^XLHK drawdown of -68.02%. Use the drawdown chart below to compare losses from any high point for ^SP600 and ^XLHK. For additional features, visit the drawdowns tool.
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Volatility
^SP600 vs. ^XLHK - Volatility Comparison
S&P 600 (^SP600) has a higher volatility of 6.20% compared to Dow Jones Hong Kong Titans 30 Index (^XLHK) at 3.70%. 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.
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