1898.HK vs. ^GSPC
Compare and contrast key facts about China Coal Energy (1898.HK) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1898.HK or ^GSPC.
Correlation
The correlation between 1898.HK and ^GSPC is 0.12, 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
1898.HK vs. ^GSPC - Performance Comparison
Key characteristics
1898.HK:
0.10
^GSPC:
0.48
1898.HK:
0.85
^GSPC:
0.80
1898.HK:
1.11
^GSPC:
1.12
1898.HK:
0.41
^GSPC:
0.49
1898.HK:
1.08
^GSPC:
1.90
1898.HK:
14.70%
^GSPC:
4.90%
1898.HK:
35.91%
^GSPC:
19.37%
1898.HK:
-88.19%
^GSPC:
-56.78%
1898.HK:
-29.20%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, 1898.HK achieves a -12.08% return, which is significantly lower than ^GSPC's -3.70% return. Over the past 10 years, 1898.HK has underperformed ^GSPC with an annualized return of 9.71%, while ^GSPC has yielded a comparatively higher 10.43% annualized return.
1898.HK
-12.08%
7.80%
-18.17%
3.32%
42.32%
9.71%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
1898.HK vs. ^GSPC — Risk-Adjusted Performance Rank
1898.HK
^GSPC
1898.HK vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for China Coal Energy (1898.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
1898.HK vs. ^GSPC - Drawdown Comparison
The maximum 1898.HK drawdown since its inception was -88.19%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for 1898.HK and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
1898.HK vs. ^GSPC - Volatility Comparison
The current volatility for China Coal Energy (1898.HK) is 6.04%, while S&P 500 (^GSPC) has a volatility of 11.21%. This indicates that 1898.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.