^XLHK vs. ^SP600
Compare and contrast key facts about Dow Jones Hong Kong Titans 30 Index (^XLHK) and S&P 600 (^SP600).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XLHK or ^SP600.
Correlation
The correlation between ^XLHK and ^SP600 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
^XLHK vs. ^SP600 - Performance Comparison
Key characteristics
^XLHK:
-0.16
^SP600:
0.49
^XLHK:
-0.09
^SP600:
0.85
^XLHK:
0.99
^SP600:
1.10
^XLHK:
-0.07
^SP600:
0.63
^XLHK:
-0.27
^SP600:
2.22
^XLHK:
11.84%
^SP600:
4.32%
^XLHK:
19.27%
^SP600:
19.32%
^XLHK:
-68.02%
^SP600:
-59.17%
^XLHK:
-44.83%
^SP600:
-8.61%
Returns By Period
In the year-to-date period, ^XLHK achieves a -1.62% return, which is significantly lower than ^SP600's 0.25% return. Over the past 10 years, ^XLHK has underperformed ^SP600 with an annualized return of -2.95%, while ^SP600 has yielded a comparatively higher 7.20% annualized return.
^XLHK
-1.62%
3.58%
3.52%
0.56%
-8.34%
-2.95%
^SP600
0.25%
1.67%
5.63%
11.65%
6.78%
7.20%
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Risk-Adjusted Performance
^XLHK vs. ^SP600 — Risk-Adjusted Performance Rank
^XLHK
^SP600
^XLHK vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Hong Kong Titans 30 Index (^XLHK) and S&P 600 (^SP600). 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
^XLHK vs. ^SP600 - Drawdown Comparison
The maximum ^XLHK drawdown since its inception was -68.02%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for ^XLHK and ^SP600. For additional features, visit the drawdowns tool.
Volatility
^XLHK vs. ^SP600 - Volatility Comparison
Dow Jones Hong Kong Titans 30 Index (^XLHK) has a higher volatility of 4.90% compared to S&P 600 (^SP600) at 3.76%. This indicates that ^XLHK's price experiences larger fluctuations and is considered to be riskier than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.