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 | 4.84% | -3.14% |
| 1Y Return | 22.75% | -17.75% |
| 3Y Return (Ann) | 19.23% | -17.62% |
| 5Y Return (Ann) | 3.65% | -11.40% |
| 10Y Return (Ann) | 3.27% | -3.00% |
| Sharpe Ratio | 1.42 | -0.83 |
| Daily Std Dev | 17.90% | 22.69% |
| Max Drawdown | -79.29% | -91.54% |
| Current Drawdown | -2.24% | -50.20% |
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 4.84% return, which is significantly higher than ^HSI's -3.14% return. Over the past 10 years, 0005.HK has outperformed ^HSI with an annualized return of 3.27%, while ^HSI has yielded a comparatively lower -3.00% 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
The current volatility for HSBC Holdings PLC (0005.HK) is 5.75%, while Hang Seng Index (^HSI) has a volatility of 6.19%. 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.