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 0.38, 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:
0.68
^HSI:
1.36
0669.HK:
1.23
^HSI:
1.95
0669.HK:
1.14
^HSI:
1.25
0669.HK:
0.49
^HSI:
0.63
0669.HK:
2.25
^HSI:
3.47
0669.HK:
10.99%
^HSI:
9.70%
0669.HK:
35.92%
^HSI:
24.73%
0669.HK:
-93.62%
^HSI:
-91.54%
0669.HK:
-38.45%
^HSI:
-38.10%
Returns By Period
In the year-to-date period, 0669.HK achieves a -1.56% return, which is significantly lower than ^HSI's 2.31% return. Over the past 10 years, 0669.HK has outperformed ^HSI with an annualized return of 17.04%, while ^HSI has yielded a comparatively lower -1.87% annualized return.
0669.HK
-1.56%
-0.88%
11.25%
22.52%
10.58%
17.04%
^HSI
2.31%
3.86%
23.28%
32.32%
-5.82%
-1.87%
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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 10.39% compared to Hang Seng Index (^HSI) at 5.62%. 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.