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.
Correlation
The correlation between 0669.HK and ^HSI is 0.18, 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
Key characteristics
0669.HK:
-0.56
^HSI:
0.88
0669.HK:
-0.50
^HSI:
1.53
0669.HK:
0.94
^HSI:
1.24
0669.HK:
-0.34
^HSI:
0.65
0669.HK:
-1.16
^HSI:
3.09
0669.HK:
16.51%
^HSI:
10.47%
0669.HK:
37.38%
^HSI:
28.80%
0669.HK:
-93.62%
^HSI:
-91.54%
0669.HK:
-48.31%
^HSI:
-31.30%
Returns By Period
In the year-to-date period, 0669.HK achieves a -17.33% return, which is significantly lower than ^HSI's 13.54% return. Over the past 10 years, 0669.HK has outperformed ^HSI with an annualized return of 14.35%, while ^HSI has yielded a comparatively lower -1.99% annualized return.
0669.HK
-17.33%
17.49%
-21.84%
-20.29%
7.53%
14.35%
^HSI
13.54%
13.16%
8.70%
24.36%
-1.26%
-1.99%
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 Rank
0669.HK
^HSI
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 -93.62%, 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 19.92% compared to Hang Seng Index (^HSI) at 15.62%. 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.