0011.HK vs. ^NDX

Last updated Jun 5, 2026

0011.HK (Hang Seng Bank) is a stock, while ^NDX (NASDAQ 100 Index) is an index. At a 0.10 correlation, their price movements are largely independent.

Performance

0011.HK vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Hang Seng Bank (0011.HK) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0011.HK is traded in HKD, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to HKD using the latest available exchange rates.

Returns By Period

0011.HK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

^NDX

• 1D: -0.58%
• 1M: 8.50%
• YTD: 21.20%
• 6M: 19.64%
• 1Y: 39.75%
• 3Y*: 27.81%
• 5Y*: 17.40%
• 10Y*: 21.09%

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

0011.HK vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0011.HK Hang Seng Bank	0.52%	70.76%	12.80%	-26.47%	-6.34%	11.12%	-13.01%	-4.46%	-6.13%	39.64%
^NDX NASDAQ 100 Index	21.20%	20.40%	24.23%	53.79%	-32.85%	27.31%	46.92%	37.24%	-0.82%	32.53%

Correlation

The correlation between 0011.HK and ^NDX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	0.10

Return for Risk

0011.HK vs. ^NDX — Risk / Return Rank

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

^NDX

^NDX Risk / Return Rank: 83
^NDX Sharpe Ratio Rank: 84
^NDX Sortino Ratio Rank: 84
^NDX Omega Ratio Rank: 82
^NDX Calmar Ratio Rank: 83
^NDX Martin Ratio Rank: 80

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.

0011.HK vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hang Seng Bank (0011.HK) and NASDAQ 100 Index (^NDX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	0011.HK	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.48	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.68	—

Drawdowns

Drawdown Indicators

	0011.HK	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	—	-53.71%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.40%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.57%	—
Current Drawdown Current decline from peak	—	-0.88%	—
Average Drawdown Average peak-to-trough decline	—	-8.08%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.93%	—

Volatility

Volatility by Period

	0011.HK	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.09%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.56%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.48%	—

Frequently Asked Questions

Can I hold both 0011.HK and ^NDX in my portfolio?

0011.HK and ^NDX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.