0019.HK vs. HSBC

Last updated Jun 5, 2026

0019.HK (Swire Pacific A) and HSBC (HSBC Holdings plc) are both stocks. 0019.HK operates in Conglomerates (Industrials), while HSBC operates in Banks - Diversified (Financial Services). Over the past 10 years, 0019.HK returned 5.51%/yr vs 17.36%/yr for HSBC. At a 0.20 correlation, their price movements are largely independent.

Performance

0019.HK vs. HSBC - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Swire Pacific A (0019.HK) and HSBC Holdings plc (HSBC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0019.HK is traded in HKD, while HSBC is traded in USD. To make them comparable, the HSBC values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0019.HK achieves a 39.23% return, which is significantly higher than HSBC's 20.10% return. Over the past 10 years, 0019.HK has underperformed HSBC with an annualized return of 5.51%, while HSBC has yielded a comparatively higher 17.36% annualized return.

0019.HK

• 1D: -0.24%
• 1M: -3.64%
• YTD: 39.23%
• 6M: 31.67%
• 1Y: 32.41%
• 3Y*: 27.00%
• 5Y*: 16.75%
• 10Y*: 5.51%

HSBC

• 1D: -1.97%
• 1M: -0.13%
• YTD: 20.10%
• 6M: 33.06%
• 1Y: 59.57%
• 3Y*: 43.10%
• 5Y*: 31.72%
• 10Y*: 17.36%

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

0019.HK vs. HSBC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0019.HK Swire Pacific A	39.23%	-6.23%	12.23%	15.91%	63.56%	7.00%	-37.60%	-9.24%	17.46%	0.36%
HSBC HSBC Holdings plc	20.10%	68.23%	33.79%	39.43%	7.97%	21.42%	-32.01%	0.90%	-15.87%	37.08%

Correlation

The correlation between 0019.HK and HSBC is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 9, 2007	0.20

The correlation between 0019.HK and HSBC shifts across timeframes, from 0.09 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

0019.HK vs. HSBC — Risk / Return Rank

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

0019.HK

0019.HK Risk / Return Rank: 80
0019.HK Sharpe Ratio Rank: 83
0019.HK Sortino Ratio Rank: 81
0019.HK Omega Ratio Rank: 77
0019.HK Calmar Ratio Rank: 80
0019.HK Martin Ratio Rank: 77

HSBC

HSBC Risk / Return Rank: 89
HSBC Sharpe Ratio Rank: 90
HSBC Sortino Ratio Rank: 88
HSBC Omega Ratio Rank: 88
HSBC Calmar Ratio Rank: 86
HSBC Martin Ratio Rank: 91

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.

0019.HK vs. HSBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Swire Pacific A (0019.HK) and HSBC Holdings plc (HSBC). 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.

	0019.HK	HSBC	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.28	-0.68
Sortino ratio: Return per unit of downside risk	2.41	2.98	-0.57
Omega ratio: Gain probability vs. loss probability	1.28	1.40	-0.12
Calmar ratio: Return relative to maximum drawdown	2.61	3.70	-1.09
Martin ratio: Return relative to average drawdown	5.51	13.19	-7.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0019.HK vs. HSBC - Sharpe Ratio Comparison

The current 0019.HK Sharpe Ratio is 1.60, which is comparable to the HSBC Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of 0019.HK and HSBC, 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

	0019.HK	HSBC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.28	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	1.24	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.68	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.19	+0.07

Drawdowns

0019.HK vs. HSBC - Drawdown Comparison

The maximum 0019.HK drawdown since its inception was -63.10%, smaller than the maximum HSBC drawdown of -74.45%. Use the drawdown chart below to compare losses from any high point for 0019.HK and HSBC.

Drawdown Indicators

	0019.HK	HSBC	Difference
Max Drawdown Largest peak-to-trough decline	-63.10%	-74.45%	+11.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.98%	-16.18%	+3.20%
Max Drawdown (3Y) Largest decline over 3 years	-15.95%	-21.84%	+5.89%
Max Drawdown (5Y) Largest decline over 5 years	-29.22%	-31.31%	+2.09%
Max Drawdown (10Y) Largest decline over 10 years	-62.46%	-62.59%	+0.13%
Current Drawdown Current decline from peak	-6.97%	-4.67%	-2.30%
Average Drawdown Average peak-to-trough decline	-21.30%	-29.54%	+8.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.09%	4.53%	+1.56%

Volatility

0019.HK vs. HSBC - Volatility Comparison

The current volatility for Swire Pacific A (0019.HK) is 6.96%, while HSBC Holdings plc (HSBC) has a volatility of 7.85%. This indicates that 0019.HK experiences smaller price fluctuations and is considered to be less risky than HSBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0019.HK	HSBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	7.85%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	16.56%	21.60%	-5.04%
Volatility (1Y) Calculated over the trailing 1-year period	21.16%	26.23%	-5.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.22%	25.75%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.55%	25.52%	+1.03%

Dividends

0019.HK vs. HSBC - Dividend Comparison

0019.HK's dividend yield for the trailing twelve months is around 4.48%, more than HSBC's 4.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0019.HK Swire Pacific A	4.48%	5.42%	4.61%	16.90%	4.00%	4.51%	5.47%	4.35%	2.78%	2.90%	5.10%	4.50%
HSBC HSBC Holdings plc	4.13%	4.19%	8.29%	6.54%	4.33%	3.65%	4.05%	6.52%	6.20%	4.94%	6.35%	6.33%

Financials

Frequently Asked Questions

Can I hold both 0019.HK and HSBC in my portfolio?

0019.HK and HSBC have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.