0005.HK vs. ^HSI
Compare and contrast key facts about HSBC Holdings PLC (0005.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0005.HK or ^HSI.
Key characteristics
0005.HK | ^HSI | |
---|---|---|
YTD Return | 13.99% | 12.13% |
1Y Return | 25.43% | -2.61% |
3Y Return (Ann) | 19.20% | -12.30% |
5Y Return (Ann) | 5.60% | -7.70% |
10Y Return (Ann) | 3.81% | -1.75% |
Sharpe Ratio | 1.54 | -0.13 |
Daily Std Dev | 17.64% | 23.10% |
Max Drawdown | -79.29% | -91.54% |
Current Drawdown | -2.91% | -42.34% |
Correlation
The correlation between 0005.HK and ^HSI is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
0005.HK vs. ^HSI - Performance Comparison
In the year-to-date period, 0005.HK achieves a 13.99% return, which is significantly higher than ^HSI's 12.13% return. Over the past 10 years, 0005.HK has outperformed ^HSI with an annualized return of 3.81%, while ^HSI has yielded a comparatively lower -1.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0005.HK vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings PLC (0005.HK) and Hang Seng Index (^HSI). 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
0005.HK vs. ^HSI - Drawdown Comparison
The maximum 0005.HK drawdown since its inception was -79.29%, smaller than the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 0005.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
0005.HK vs. ^HSI - Volatility Comparison
HSBC Holdings PLC (0005.HK) has a higher volatility of 7.13% compared to Hang Seng Index (^HSI) at 6.44%. This indicates that 0005.HK's price experiences larger fluctuations and is considered to be riskier than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.