^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 0.15, 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.
Performance
^SP600 vs. ^XLHK - Performance Comparison
Key characteristics
^SP600:
0.36
^XLHK:
0.15
^SP600:
0.65
^XLHK:
0.35
^SP600:
1.08
^XLHK:
1.04
^SP600:
0.44
^XLHK:
0.06
^SP600:
1.51
^XLHK:
0.25
^SP600:
4.47%
^XLHK:
12.09%
^SP600:
18.95%
^XLHK:
19.15%
^SP600:
-59.17%
^XLHK:
-68.02%
^SP600:
-10.75%
^XLHK:
-43.22%
Returns By Period
In the year-to-date period, ^SP600 achieves a -2.10% return, which is significantly lower than ^XLHK's 1.25% return. Over the past 10 years, ^SP600 has outperformed ^XLHK with an annualized return of 6.86%, while ^XLHK has yielded a comparatively lower -2.71% annualized return.
^SP600
-2.10%
-5.11%
-2.37%
6.74%
6.44%
6.86%
^XLHK
1.25%
4.32%
5.17%
-1.03%
-7.46%
-2.71%
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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.
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.
Volatility
^SP600 vs. ^XLHK - Volatility Comparison
The current volatility for S&P 600 (^SP600) is 4.58%, while Dow Jones Hong Kong Titans 30 Index (^XLHK) has a volatility of 5.04%. This indicates that ^SP600 experiences smaller price fluctuations and is considered to be less risky than ^XLHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.