1810.HK vs. ^GSPC

Last updated Jun 13, 2026

1810.HK (Xiaomi Corp) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, 1810.HK returned -1.43%/yr vs 12.05%/yr for ^GSPC. At a 0.11 correlation, their price movements are largely independent.

Performance

1810.HK vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Xiaomi Corp (1810.HK) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

1810.HK is traded in HKD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1810.HK achieves a -33.33% return, which is significantly lower than ^GSPC's 9.28% return.

1810.HK

• 1D: 1.39%
• 1M: -17.61%
• YTD: -33.33%
• 6M: -39.01%
• 1Y: -49.81%
• 3Y*: 33.79%
• 5Y*: -1.43%
• 10Y*: —

^GSPC

• 1D: 0.49%
• 1M: -0.11%
• YTD: 9.28%
• 6M: 9.56%
• 1Y: 22.70%
• 3Y*: 19.38%
• 5Y*: 12.05%
• 10Y*: 13.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

1810.HK vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
1810.HK Xiaomi Corp	-33.33%	13.91%	121.15%	42.60%	-42.12%	-42.81%	206.59%	-16.56%	-22.17%
^GSPC S&P 500 Index	9.28%	16.61%	22.67%	24.22%	-19.31%	27.58%	15.74%	28.20%	-9.37%

Correlation

The correlation between 1810.HK and ^GSPC is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jul 9, 2018	0.11

Return for Risk

1810.HK vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

1810.HK

1810.HK Risk / Return Rank: 4
1810.HK Sharpe Ratio Rank: 1
1810.HK Sortino Ratio Rank: 1
1810.HK Omega Ratio Rank: 3
1810.HK Calmar Ratio Rank: 8
1810.HK Martin Ratio Rank: 6

^GSPC

^GSPC Risk / Return Rank: 73
^GSPC Sharpe Ratio Rank: 72
^GSPC Sortino Ratio Rank: 69
^GSPC Omega Ratio Rank: 77
^GSPC Calmar Ratio Rank: 66
^GSPC Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

1810.HK vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xiaomi Corp (1810.HK) and S&P 500 Index (^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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	1810.HK	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	-1.43	1.84	-3.27
Sortino ratio: Return per unit of downside risk	-2.36	2.52	-4.88
Omega ratio: Gain probability vs. loss probability	0.74	1.33	-0.59
Calmar ratio: Return relative to maximum drawdown	-0.89	2.60	-3.48
Martin ratio: Return relative to average drawdown	-1.51	11.71	-13.21

1810.HK vs. ^GSPC - Sharpe Ratio Comparison

The current 1810.HK Sharpe Ratio is -1.43, which is lower than the ^GSPC Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of 1810.HK and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

1810.HK vs. ^GSPC - Drawdown Comparison

The maximum 1810.HK drawdown since its inception was -76.06%, which is greater than ^GSPC's maximum drawdown of -56.80%. Use the drawdown chart below to compare losses from any high point for 1810.HK and ^GSPC.

Drawdown Indicators

	1810.HK	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-76.06%	-56.80%	-19.26%
Max Drawdown (1Y) Largest decline over 1 year	-57.04%	-8.77%	-48.27%
Max Drawdown (3Y) Largest decline over 3 years	-57.04%	-18.97%	-38.07%
Max Drawdown (5Y) Largest decline over 5 years	-70.66%	-24.92%	-45.74%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.06%	—
Current Drawdown Current decline from peak	-56.44%	-2.37%	-54.07%
Average Drawdown Average peak-to-trough decline	-42.06%	-9.29%	-32.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.21%	1.95%	+31.26%

Volatility

1810.HK vs. ^GSPC - Volatility Comparison

Xiaomi Corp (1810.HK) has a higher volatility of 9.01% compared to S&P 500 Index (^GSPC) at 4.45%. This indicates that 1810.HK's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1810.HK	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.01%	4.45%	+4.56%
Volatility (6M) Calculated over the trailing 6-month period	26.27%	9.70%	+16.57%
Volatility (1Y) Calculated over the trailing 1-year period	35.47%	12.37%	+23.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.12%	16.96%	+27.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.76%	18.06%	+27.70%

Frequently Asked Questions

Can I hold both 1810.HK and ^GSPC in my portfolio?

1810.HK and ^GSPC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.