0388.HK vs. VOO
Compare and contrast key facts about Hong Kong Exchange and Clearing Ltd (0388.HK) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0388.HK or VOO.
Key characteristics
0388.HK | VOO | |
---|---|---|
YTD Return | -13.50% | 19.06% |
1Y Return | -22.77% | 26.65% |
3Y Return (Ann) | -22.07% | 9.85% |
5Y Return (Ann) | 1.08% | 15.18% |
10Y Return (Ann) | 5.32% | 12.95% |
Sharpe Ratio | -0.87 | 2.18 |
Daily Std Dev | 29.84% | 12.72% |
Max Drawdown | -79.34% | -33.99% |
Current Drawdown | -56.20% | -0.48% |
Correlation
The correlation between 0388.HK and VOO is 0.16, 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
0388.HK vs. VOO - Performance Comparison
In the year-to-date period, 0388.HK achieves a -13.50% return, which is significantly lower than VOO's 19.06% return. Over the past 10 years, 0388.HK has underperformed VOO with an annualized return of 5.32%, while VOO has yielded a comparatively higher 12.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0388.HK vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hong Kong Exchange and Clearing Ltd (0388.HK) and Vanguard S&P 500 ETF (VOO). 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
0388.HK vs. VOO - Dividend Comparison
0388.HK's dividend yield for the trailing twelve months is around 3.69%, more than VOO's 1.28% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Hong Kong Exchange and Clearing Ltd | 3.69% | 3.06% | 2.26% | 2.01% | 1.58% | 2.68% | 2.86% | 1.91% | 2.77% | 2.63% | 2.07% | 2.54% |
Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
0388.HK vs. VOO - Drawdown Comparison
The maximum 0388.HK drawdown since its inception was -79.34%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for 0388.HK and VOO. For additional features, visit the drawdowns tool.
Volatility
0388.HK vs. VOO - Volatility Comparison
Hong Kong Exchange and Clearing Ltd (0388.HK) has a higher volatility of 5.48% compared to Vanguard S&P 500 ETF (VOO) at 3.93%. This indicates that 0388.HK's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.