0006.HK vs. ^HSI

Last updated Jun 5, 2026

0006.HK (Power Assets) is a stock, while ^HSI (Hang Seng Index) is an index. Over the past 10 years, 0006.HK returned 4.80%/yr vs 1.85%/yr for ^HSI. At a 0.32 correlation, their price movements are largely independent.

Performance

0006.HK vs. ^HSI - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Power Assets (0006.HK) and Hang Seng Index (^HSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 0006.HK achieves a 5.14% return, which is significantly higher than ^HSI's -1.47% return. Over the past 10 years, 0006.HK has outperformed ^HSI with an annualized return of 4.80%, while ^HSI has yielded a comparatively lower 1.85% annualized return.

0006.HK

• 1D: -1.23%
• 1M: -12.55%
• YTD: 5.14%
• 6M: 11.50%
• 1Y: 12.68%
• 3Y*: 15.89%
• 5Y*: 9.36%
• 10Y*: 4.80%

^HSI

• 1D: -1.48%
• 1M: -2.49%
• YTD: -1.47%
• 6M: -2.63%
• 1Y: 6.76%
• 3Y*: 9.74%
• 5Y*: -2.67%
• 10Y*: 1.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0006.HK vs. ^HSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0006.HK Power Assets	5.14%	7.54%	27.04%	12.95%	-7.08%	22.60%	-21.86%	10.11%	-5.11%	17.48%
^HSI Hang Seng Index	-1.47%	27.77%	17.67%	-13.82%	-15.46%	-14.08%	-3.40%	9.07%	-13.61%	35.99%

Correlation

The correlation between 0006.HK and ^HSI is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jun 21, 1999	0.32

Return for Risk

0006.HK vs. ^HSI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0006.HK

0006.HK Risk / Return Rank: 67
0006.HK Sharpe Ratio Rank: 70
0006.HK Sortino Ratio Rank: 64
0006.HK Omega Ratio Rank: 61
0006.HK Calmar Ratio Rank: 65
0006.HK Martin Ratio Rank: 75

^HSI

^HSI Risk / Return Rank: 27
^HSI Sharpe Ratio Rank: 27
^HSI Sortino Ratio Rank: 26
^HSI Omega Ratio Rank: 25
^HSI Calmar Ratio Rank: 28
^HSI Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0006.HK vs. ^HSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Power Assets (0006.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.

	0006.HK	^HSI	Difference
Sharpe ratio: Return per unit of total volatility	0.93	0.37	+0.56
Sortino ratio: Return per unit of downside risk	1.40	0.67	+0.73
Omega ratio: Gain probability vs. loss probability	1.17	1.07	+0.10
Calmar ratio: Return relative to maximum drawdown	1.22	0.54	+0.68
Martin ratio: Return relative to average drawdown	4.80	1.35	+3.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0006.HK vs. ^HSI - Sharpe Ratio Comparison

The current 0006.HK Sharpe Ratio is 0.93, which is higher than the ^HSI Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of 0006.HK and ^HSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0006.HK	^HSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.37	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	-0.11	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.09	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.27	+0.24

Drawdowns

0006.HK vs. ^HSI - Drawdown Comparison

The maximum 0006.HK drawdown since its inception was -31.28%, smaller than the maximum ^HSI drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for 0006.HK and ^HSI.

Drawdown Indicators

	0006.HK	^HSI	Difference
Max Drawdown Largest peak-to-trough decline	-31.28%	-65.18%	+33.90%
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	-12.82%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	-15.76%	-25.49%	+9.73%
Max Drawdown (5Y) Largest decline over 5 years	-31.28%	-49.85%	+18.57%
Max Drawdown (10Y) Largest decline over 10 years	-31.28%	-55.70%	+24.42%
Current Drawdown Current decline from peak	-12.55%	-23.83%	+11.28%
Average Drawdown Average peak-to-trough decline	-7.35%	-24.17%	+16.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	5.09%	-1.95%

Volatility

0006.HK vs. ^HSI - Volatility Comparison

The current volatility for Power Assets (0006.HK) is 4.86%, while Hang Seng Index (^HSI) has a volatility of 5.18%. This indicates that 0006.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.

Volatility by Period

	0006.HK	^HSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.86%	5.18%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	13.33%	13.70%	-0.37%
Volatility (1Y) Calculated over the trailing 1-year period	16.35%	18.52%	-2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.28%	25.32%	-8.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.12%	21.96%	-4.84%

Frequently Asked Questions

Can I hold both 0006.HK and ^HSI in my portfolio?

0006.HK and ^HSI have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.