0669.HK vs. ^HSI
Compare and contrast key facts about Techtronic Industries Co Ltd (0669.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0669.HK or ^HSI.
Key characteristics
| 0669.HK | ^HSI | |
|---|---|---|
| YTD Return | 13.70% | 8.02% |
| 1Y Return | 30.45% | -6.52% |
| 3Y Return (Ann) | -7.73% | -13.71% |
| 5Y Return (Ann) | 14.20% | -9.55% |
| 10Y Return (Ann) | 17.75% | -1.79% |
| Sharpe Ratio | 0.73 | -0.34 |
| Daily Std Dev | 42.11% | 23.02% |
| Max Drawdown | -93.71% | -91.54% |
| Current Drawdown | -36.66% | -44.46% |
Correlation
The correlation between 0669.HK and ^HSI is 0.37, 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
0669.HK vs. ^HSI - Performance Comparison
In the year-to-date period, 0669.HK achieves a 13.70% return, which is significantly higher than ^HSI's 8.02% return. Over the past 10 years, 0669.HK has outperformed ^HSI with an annualized return of 17.75%, while ^HSI has yielded a comparatively lower -1.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
0669.HK vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Techtronic Industries Co Ltd (0669.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.
Drawdowns
0669.HK vs. ^HSI - Drawdown Comparison
The maximum 0669.HK drawdown since its inception was -93.71%, roughly equal to the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 0669.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
0669.HK vs. ^HSI - Volatility Comparison
Techtronic Industries Co Ltd (0669.HK) has a higher volatility of 10.06% compared to Hang Seng Index (^HSI) at 6.27%. This indicates that 0669.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.