0006.HK vs. XLRE
Compare and contrast key facts about Power Assets (0006.HK) and Real Estate Select Sector SPDR Fund (XLRE).
XLRE is a passively managed fund by State Street that tracks the performance of the Real Estate Select Sector Index. It was launched on Oct 7, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0006.HK or XLRE.
Correlation
The correlation between 0006.HK and XLRE is 0.08, 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
0006.HK vs. XLRE - Performance Comparison
Key characteristics
0006.HK:
1.29
XLRE:
0.86
0006.HK:
1.85
XLRE:
1.27
0006.HK:
1.22
XLRE:
1.17
0006.HK:
1.57
XLRE:
0.67
0006.HK:
3.65
XLRE:
2.92
0006.HK:
6.76%
XLRE:
5.33%
0006.HK:
19.85%
XLRE:
18.09%
0006.HK:
-34.33%
XLRE:
-38.83%
0006.HK:
-4.28%
XLRE:
-10.86%
Returns By Period
In the year-to-date period, 0006.HK achieves a -3.31% return, which is significantly lower than XLRE's 2.35% return.
0006.HK
-3.31%
13.01%
4.58%
24.69%
7.17%
2.95%
XLRE
2.35%
11.54%
-2.54%
15.45%
7.98%
N/A
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Risk-Adjusted Performance
0006.HK vs. XLRE — Risk-Adjusted Performance Rank
0006.HK
XLRE
0006.HK vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Power Assets (0006.HK) and Real Estate Select Sector SPDR Fund (XLRE). 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.
Dividends
0006.HK vs. XLRE - Dividend Comparison
0006.HK's dividend yield for the trailing twelve months is around 5.37%, more than XLRE's 3.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0006.HK Power Assets | 5.37% | 5.19% | 6.23% | 6.60% | 5.80% | 6.67% | 4.91% | 16.15% | 11.81% | 3.98% | 3.77% | 3.42% |
XLRE Real Estate Select Sector SPDR Fund | 3.37% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% |
Drawdowns
0006.HK vs. XLRE - Drawdown Comparison
The maximum 0006.HK drawdown since its inception was -34.33%, smaller than the maximum XLRE drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for 0006.HK and XLRE. For additional features, visit the drawdowns tool.
Volatility
0006.HK vs. XLRE - Volatility Comparison
The current volatility for Power Assets (0006.HK) is 3.43%, while Real Estate Select Sector SPDR Fund (XLRE) has a volatility of 7.35%. This indicates that 0006.HK experiences smaller price fluctuations and is considered to be less risky than XLRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.