0123.HK vs. ^HSI

Last updated Jun 5, 2026

0123.HK (Yuexiu Property Co Ltd) is a stock, while ^HSI (Hang Seng Index) is an index. Over the past 10 years, 0123.HK returned 5.34%/yr vs 1.85%/yr for ^HSI. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

0123.HK vs. ^HSI - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Yuexiu Property Co Ltd (0123.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, 0123.HK achieves a 12.63% return, which is significantly higher than ^HSI's -1.47% return. Over the past 10 years, 0123.HK has outperformed ^HSI with an annualized return of 5.34%, while ^HSI has yielded a comparatively lower 1.85% annualized return.

0123.HK

• 1D: -1.98%
• 1M: 6.70%
• YTD: 12.63%
• 6M: 1.13%
• 1Y: 5.72%
• 3Y*: -15.87%
• 5Y*: -8.14%
• 10Y*: 5.34%

^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)

0123.HK vs. ^HSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0123.HK Yuexiu Property Co Ltd	12.63%	-19.59%	-15.03%	-23.92%	47.63%	-4.77%	-7.08%	32.71%	5.18%	44.70%
^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 0123.HK and ^HSI is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jul 29, 1993	0.53

The correlation between 0123.HK and ^HSI has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.

Return for Risk

0123.HK vs. ^HSI — Risk / Return Rank

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

0123.HK

0123.HK Risk / Return Rank: 46
0123.HK Sharpe Ratio Rank: 49
0123.HK Sortino Ratio Rank: 45
0123.HK Omega Ratio Rank: 43
0123.HK Calmar Ratio Rank: 47
0123.HK Martin Ratio Rank: 47

^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.

0123.HK vs. ^HSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Yuexiu Property Co Ltd (0123.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.

	0123.HK	^HSI	Difference
Sharpe ratio: Return per unit of total volatility	0.22	0.37	-0.15
Sortino ratio: Return per unit of downside risk	0.60	0.67	-0.07
Omega ratio: Gain probability vs. loss probability	1.07	1.07	-0.01
Calmar ratio: Return relative to maximum drawdown	0.24	0.54	-0.30
Martin ratio: Return relative to average drawdown	0.49	1.35	-0.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0123.HK vs. ^HSI - Sharpe Ratio Comparison

The current 0123.HK Sharpe Ratio is 0.22, which is lower than the ^HSI Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of 0123.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

	0123.HK	^HSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	0.37	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	-0.11	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	0.09	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.27	-0.21

Drawdowns

0123.HK vs. ^HSI - Drawdown Comparison

The maximum 0123.HK drawdown since its inception was -91.39%, which is greater than ^HSI's maximum drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for 0123.HK and ^HSI.

Drawdown Indicators

	0123.HK	^HSI	Difference
Max Drawdown Largest peak-to-trough decline	-91.39%	-65.18%	-26.21%
Max Drawdown (1Y) Largest decline over 1 year	-30.97%	-12.82%	-18.15%
Max Drawdown (3Y) Largest decline over 3 years	-65.15%	-25.49%	-39.66%
Max Drawdown (5Y) Largest decline over 5 years	-69.52%	-49.85%	-19.67%
Max Drawdown (10Y) Largest decline over 10 years	-69.52%	-55.70%	-13.82%
Current Drawdown Current decline from peak	-58.34%	-23.83%	-34.51%
Average Drawdown Average peak-to-trough decline	-51.54%	-24.17%	-27.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.78%	5.09%	+9.69%

Volatility

0123.HK vs. ^HSI - Volatility Comparison

Yuexiu Property Co Ltd (0123.HK) has a higher volatility of 14.02% compared to Hang Seng Index (^HSI) at 5.18%. This indicates that 0123.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.

Volatility by Period

	0123.HK	^HSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.02%	5.18%	+8.84%
Volatility (6M) Calculated over the trailing 6-month period	25.27%	13.70%	+11.57%
Volatility (1Y) Calculated over the trailing 1-year period	33.09%	18.52%	+14.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.48%	25.32%	+21.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.79%	21.96%	+16.83%

Frequently Asked Questions

Can I hold both 0123.HK and ^HSI in my portfolio?

0123.HK and ^HSI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.