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.
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
Key characteristics
0005.HK:
1.81
^HSI:
0.89
0005.HK:
2.35
^HSI:
1.38
0005.HK:
1.34
^HSI:
1.17
0005.HK:
2.82
^HSI:
0.41
0005.HK:
9.51
^HSI:
2.53
0005.HK:
3.41%
^HSI:
8.92%
0005.HK:
17.96%
^HSI:
25.48%
0005.HK:
-76.72%
^HSI:
-91.54%
0005.HK:
-0.40%
^HSI:
-39.38%
Returns By Period
In the year-to-date period, 0005.HK achieves a 28.23% return, which is significantly higher than ^HSI's 17.90% return. Over the past 10 years, 0005.HK has outperformed ^HSI with an annualized return of 5.74%, while ^HSI has yielded a comparatively lower -1.52% annualized return.
0005.HK
28.23%
5.12%
12.00%
30.72%
9.49%
5.74%
^HSI
17.90%
4.52%
11.21%
23.00%
-6.47%
-1.52%
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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 -76.72%, 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
The current volatility for HSBC Holdings PLC (0005.HK) is 2.62%, while Hang Seng Index (^HSI) has a volatility of 5.49%. This indicates that 0005.HK experiences smaller price fluctuations and is considered to be less risky than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.