1288.HK vs. ^GSPC
Compare and contrast key facts about Agricultural Bank Of China (1288.HK) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1288.HK or ^GSPC.
Correlation
The correlation between 1288.HK and ^GSPC is 0.14, 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
1288.HK vs. ^GSPC - Performance Comparison
Key characteristics
1288.HK:
1.76
^GSPC:
0.48
1288.HK:
2.20
^GSPC:
0.80
1288.HK:
1.30
^GSPC:
1.12
1288.HK:
2.77
^GSPC:
0.49
1288.HK:
10.30
^GSPC:
1.90
1288.HK:
4.67%
^GSPC:
4.90%
1288.HK:
28.24%
^GSPC:
19.37%
1288.HK:
-51.04%
^GSPC:
-56.78%
1288.HK:
-6.13%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, 1288.HK achieves a 10.36% return, which is significantly higher than ^GSPC's -3.70% return. Over the past 10 years, 1288.HK has underperformed ^GSPC with an annualized return of 8.83%, while ^GSPC has yielded a comparatively higher 10.43% annualized return.
1288.HK
10.36%
13.64%
21.32%
47.73%
18.20%
8.83%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
1288.HK vs. ^GSPC — Risk-Adjusted Performance Rank
1288.HK
^GSPC
1288.HK vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agricultural Bank Of China (1288.HK) and S&P 500 (^GSPC). 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
1288.HK vs. ^GSPC - Drawdown Comparison
The maximum 1288.HK drawdown since its inception was -51.04%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for 1288.HK and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
1288.HK vs. ^GSPC - Volatility Comparison
The current volatility for Agricultural Bank Of China (1288.HK) is 5.79%, while S&P 500 (^GSPC) has a volatility of 11.21%. This indicates that 1288.HK experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.