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 0.13, 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
0005.HK vs. ^HSI - Performance Comparison
Key characteristics
0005.HK:
1.87
^HSI:
1.22
0005.HK:
2.15
^HSI:
1.62
0005.HK:
1.42
^HSI:
1.25
0005.HK:
2.26
^HSI:
0.70
0005.HK:
10.94
^HSI:
3.33
0005.HK:
4.19%
^HSI:
10.46%
0005.HK:
24.63%
^HSI:
28.81%
0005.HK:
-76.75%
^HSI:
-91.54%
0005.HK:
-2.39%
^HSI:
-31.56%
Returns By Period
In the year-to-date period, 0005.HK achieves a 19.54% return, which is significantly higher than ^HSI's 13.12% return. Over the past 10 years, 0005.HK has outperformed ^HSI with an annualized return of 7.25%, while ^HSI has yielded a comparatively lower -1.98% annualized return.
0005.HK
19.54%
19.69%
26.62%
34.49%
24.20%
7.25%
^HSI
13.12%
14.44%
10.49%
22.80%
-1.34%
-1.98%
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Risk-Adjusted Performance
0005.HK vs. ^HSI — Risk-Adjusted Performance Rank
0005.HK
^HSI
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 -76.75%, 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 18.98% compared to Hang Seng Index (^HSI) at 15.61%. 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.